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Author Topic: Invest in Bitcoin, for long time Holding  (Read 1168 times)
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February 20, 2024, 02:40:53 PM
 #21

I am also into the benefits of long-term holding until it reaches again or surpasses the current ATH, I know this will give me a substantial return that patiently holds onto my investment. I am excited for the successful journey that will bring positive changes. But of course, I am aware of the risks involved that we can also experience the other way around and I consider those before accumulating as much as possible. I believe I am in a successful strategy. I know some frequent traders take advantage of price fluctuations to generate returns and that’s the other approach that it’s not my forte now.

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February 20, 2024, 03:09:44 PM
 #22

Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
Are you a God who know everything in the future? how you can be completely sure if Bitcoin will make new ATH and change someone life?

I hope people are not blindly trusting someone else predictions instead try to learn what's Bitcoin, why you want to buy Bitcoin and know the limit of risk of investing in Bitcoin.

If not, they will use all of their savings, sell their property or assets, or taking out a loan in order to invest in Bitcoin because they believe Bitcoin will change their lives!
I am not a god but, Everyone knows that Bitcoin will create new ATH. It's not just me alone, it's known by everyone on this forum and everyone believes that Bitcoin will create the new ATH. Also I have not mentioned any specific time frame there, I have only mentioned long term investment. Moreover, long-term investment in Bitcoin definitely has a higher potential for profit. And if an investor invests long-term in Bitcoin from now and holds it until the next ATH, then of course he, that ATH will make a good profit and and that profit will definitely improve his living a little bit And that's what I meant.

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February 20, 2024, 03:23:10 PM
 #23

Some investors may need the profit right away. While bitcoin is a great source of profit, everyone should bear in mind that it might not be advisable to treat bitcoin as your main source of income. It is called an investment for a reason. You are meant to buy and let it grow.

Altcoins are typically more recommended for short-term tradings. You can easily get profit for a really short amount of time albeit quite riskier than bitcoin. Maybe some investors want the safety and security bitcoin has but they need the money right now. If you really want to do that, just make sure to invest some and leave it alone and you can continue your short-term trading activities.

Bitcoin is meant to increase more as time goes so it is essential that we keep holding.

Hmm, Having a mindset to book profit and exit temporarily is not a bad strategy. TBH I do believe you should enter and exit in every zone with a proper strategy as in risk management we learn something called, portfolio management. In my case for this cycle, I'm planning to hold Bitcoin for 3 targets and sell 25% on each target on which the 1st target is already hit.

I'll keep holding 25% left, from this cycle to the next cycle. Just holding can be a good deal for lazy investors for those who closely follow the market and use the trailing, Zone to zone market provides many buying back opportunities.

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February 20, 2024, 03:23:13 PM
 #24

 The idea of investing in Bitcoin and holding for the long term is not a concept that is new here and this means most investors who add Bitcoin to their portfolio with the aim of raking inhige profits already have it at the backs of their minds to hold and not to sell the moment they see a hike in price because since Bitcoin is a volatile coin which has the tendency to increase or decrease, it means that even when it increases, if one is patient it can get higher.
 Most times people feel the urge to hurry and sell when they got into investing with money meant for something else that's why they can't really reap the fruits of holding Bitcoin for long and it's usually advised to trade with an amount you can easily part with or let go of Incase things don't pan out right but in this case, so you can able to easily leave it and let it pile up.

R


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February 20, 2024, 03:25:31 PM
 #25

Who says that Bitcoin investment for the short term is bad? Everyone must survive anyway they see fit, your condition could be better than the other, so don't judge or advice anyone to hold for long term, people are really going through a lot and they need to survive, either long or short term Bitcoin is a good one.

The advantage of long term holding is better return of your investment, since bitcoin keeps appreciating in value, holding for the long term is always more profitable.

Don't expect all crypto beginners to be in good shape, I knew bitcoin when I was struggling to even survive, many newbies will be in same shape, so their first target is to survive first, when they make some money they will want to take profit and live on that for a while.

Growing is a gradual process, it's a step after the other.

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February 20, 2024, 03:33:32 PM
 #26

Hmm, long-term holding is the best idea in my case rather than to start trading as a newbie in the crypto space. Those who holding bitcoin from the prices vary between $20k-$25k are now in 2x profit but if the same investors who started the trades at the same time may be in minus or maybe in profits all depends haha Nobody gonna know. Bitcoin has gained a lot about its price which is really very amazing performance. Bitcoin current market cap is $1.02 trillion at the time I am creating this post.

So obviously long-term holding of bitcoin returns a good amount of profits to its investors. All needed is faith and belief even if it goes more and more down but if you see going it more down start accumulating bags and keep buying and wait for the time when it will give you the maximum profit. Bitcoin will give us one and last chance of filling our bag before the halving event there we can accumulate more to make more profit. DYOR!


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February 20, 2024, 05:11:38 PM
 #27

Every investor has a different target in bitcoin investment maybe they will say short-term because the profits will be achieved immediately then this is not wrong not bad because the profits are still being obtained so it depends on their decision how to take steps to invest in bitcoin.

Many people always suggest long-term bitcoin for at least 4 years (1 cycle) those who are strong in holding for a long time are great at maintaining investment and stabilizing their finances for a long time, while in this way it is not easy for people who are mediocre they will certainly choose short-term rather than long-term.

But now I decided that long-term investment is a good thing to do because the benefits are clearly higher than we thought. Keep it up and keep HODL.

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February 20, 2024, 05:18:39 PM
 #28

Yes, it's like that, long term holders will always be winners. but for beginner investors, the majority of them play in the short term and mid term. hoping to get rich suddenly overnight. even though if they want to play in the long term area, the fact is that if we look at the Bitcoin growth graph from 2009 - 2023, the graph always shows growth. but then again it's their money and their decision to go down that path. I think there are many roads to Rome, so maybe they can be successful in the short term and mid term.

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February 20, 2024, 05:18:53 PM
 #29

While Bitcoin can be a lucrative investment, it's crucial to understand its limitations and risks. It's not a reliable source of immediate income, and treating it as such can lead to financial hardship. Remember, it's called an investment for a reason - its value is intended to grow over time, not provide quick cash.

For short-term needs, alts might be a more suitable option. However, they carry significantly higher risks than Bitcoin due to their inherent volatility. Investing in altcoins requires careful research and a strong understanding of the market.

If you need immediate access to funds, consider only investing a portion of your portfolio in Bitcoin and leaving the rest untouched. This way, you can participate in its potential long-term growth while maintaining some liquidity for short-term needs. Remember, the key to successful Bitcoin investing is patience and a long-term perspective. Holding onto your investment allows you to benefit from its potential price appreciation over time.

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February 20, 2024, 07:54:49 PM
 #30

the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
It depends on the amount of investment one puts in. Even if investors take the risk of buying Bitcoin in the range of $40-$50k, they still need to wait for the price of Bitcoin to reach $80-$100k to double their investment. If someone is hoping to improve their life, it's better to diversify their investments and look for other cryptocurrencies to invest in besides Bitcoin.

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February 20, 2024, 10:35:48 PM
 #31

well, it is true that people who hold bitcoin in the short term, will not make huge profits. that's because the price of bitcoin is currently very large, and even an increase of under 10% is still quite small. If you want to wait for profits above 10%, it might take quite a long time.
However, I have also tried this, but because the profits I got were small, I switched to using altcoins for the short term, especially altcoins that have low prices. it would be great if we utilize altcoins while collecting bitcoins. it can be a good investment over a long period of time.

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February 20, 2024, 11:00:53 PM
 #32

well, it is true that people who hold bitcoin in the short term, will not make huge profits. that's because the price of bitcoin is currently very large, and even an increase of under 10% is still quite small. If you want to wait for profits above 10%, it might take quite a long time.
However, I have also tried this, but because the profits I got were small, I switched to using altcoins for the short term, especially altcoins that have low prices. it would be great if we utilize altcoins while collecting bitcoins. it can be a good investment over a long period of time.
True, many people or investors in crypto currency are very hesitant with altcoins. Well, we do get why, as some altcoins are very dangerous to invest with because they are prone to scams. But with known altcoins, you can utilise short-term trades or holdings because, as you've said, they have a low price, so you can buy bulk and sell them in the right position, but of course proceed with caution and carefulness. I do enjoy doing short-term trades and holdings in altcoins beside bitcoin, as I want my bitcoin holdings to just sit right there and keep on growing, so in order to still have earnings, I sometimes hunt for new altcoins or new coins in the market with the potential of growing. It is risky, yes, but we cannot get anything if we do not risk it. And so far, I can say I can make some profit while waiting for bitcoin's bull run and my assets to grow even more.

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February 21, 2024, 02:58:50 AM
 #33

There are many types of Bitcoin investors, some invest for long-term holdings, while others invest for short-term holdings. But one thing is true, those who invest in Bitcoin for short term are never able to achieve anything big. On the contrary, they face more losses.

We don't have many types of investors, we have two types and they're the first group of investors that invest for short-term and those that invest for long term. Traders are included in those that invest for short-term because they sell Bitcoin during a very limited number of hours or days after buying. Investors that invest for short term are also making profits don't think that it's only those that invested for long term that are making profits. Everybody can't be a long term investors because some investors will need emergency money while they're investing in Bitcoin and as you're using Bitcoin as a way to secure your wealth others are making use of it for wealth creation therefore they buy and take profits. Those that invest for longer time will make more profits but also those that invested for short term can also make some profits.

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February 21, 2024, 03:19:15 AM
 #34

Honestly, profitable obtained from investing in Bitcoin long term are much greater than in the short term, although they consistently get profits of around 2% to 5%, but daily profits cannot be guaranteed.
Significant comparison when the price of bitcoin  few months ago was still below $30k and now it has reached more than $52k, almost 100% of the profit obtained if you invest in bitcoin long term.  I don't think easily to earn much profitable with short term trading in bitcoin and we must take risk for cut losses if any potential price drop drastically as short term trading. Have problem with decision to be long term holding in bitcoin investment needed other source income and we not tempted to sell bitcoin when price increasing up few percent. Have good money management and much saving fund before becoming long term investing in bitcoin exactly more than one until three years later.

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February 21, 2024, 03:25:49 AM
 #35

There are many types of Bitcoin investors, some invest for long-term holdings, while others invest for short-term holdings. But one thing is true, those who invest in Bitcoin for short term are never able to achieve anything big. On the contrary, they face more losses.

every Bitcoin investment should be long-term. Because we have seen that even at the end of 2023 the price of bitcoin was 42k and as the year 2024 falls, the price of bitcoin has crossed 50k and currently the price of bitcoin is 52k. So now consider that those who invested in Bitcoin in 2023, when the price of Bitcoin was hovering between 26k and 27k, have already received double returns. So those who have been patiently holding Bitcoin since then have already reaped double the return on their investment.

Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
Of course Bitcoin should be a long-term investment. Those who have invested in Bitcoin for the long term have had great success, but those who are afraid to invest in Bitcoin and rush to sell their investments when the market rises a bit, do not have much success in investing. So it is always better to choose long term holdings for investment. Also those who use the DCA method for investing and continue with that DCA method for several years have and will continue to have more success in investing. But remember one thing no one should be afraid to invest in Bitcoin those who have not invested yet are preparing themselves to invest very soon the market will move to a better position and next bullran market will make a new ATH. So don't miss the opportunity and involve yourself in investment.

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February 21, 2024, 03:39:00 AM
 #36

Everyone can invest in Bitcoin but not everyone can hold long time. If you want to profit from investing in Bitcoin, you need to learn to be patient. If you can't be patient, you may end up selling your investment when the market goes down a bit, which could result in a loss on the investment. Bitcoin price is very high, small investment here will not make much profit, but you can be very risk free. If you want to get a lot of profit by investing in Bitcoin then hold for long time.
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February 21, 2024, 03:41:08 AM
 #37

There are many types of Bitcoin investors, some invest for long-term holdings, while others invest for short-term holdings. But one thing is true, those who invest in Bitcoin for short term are never able to achieve anything big. On the contrary, they face more losses.
Not sure what do you mean those who invest in short term faces losses because there are no stupid investor that will put their money inside bitcoin and then will take out while in losses(of course there is separate scenario for those emergency use) because even if it is for short term we will make sure that we are in profit before selling,there are no one will force you selling while its dumping.

Quote
every Bitcoin investment should be long-term. Because we have seen that even at the end of 2023 the price of bitcoin was 42k and as the year 2024 falls, the price of bitcoin has crossed 50k and currently the price of bitcoin is 52k. So now consider that those who invested in Bitcoin in 2023, when the price of Bitcoin was hovering between 26k and 27k, have already received double returns. So those who have been patiently holding Bitcoin since then have already reaped double the return on their investment.

Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
You cannot force people to Just keep holding while there are many strategy and opportunity to make more money than just Holding.

Like now that bitcoin is still waiting for ATH , if you have bought bitcoin at 30k last year then you can consider selling now at 52k and wait for dump and buy more ? so why need to completely HODL?

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February 21, 2024, 03:43:46 AM
 #38

We know that Bitcoin is really proven and tested when it comes to long-term investment. Now, apart from that, there are other alternatives that can also give us an opportunity, like Bitcoin does. And those who have been here for a long time in the crypto industry field cannot deny that.

Even now, Bitcoin is not my priority in accumulating it, but I am doing it little by little, even though we have different goals in this industry of the crypto space.
It's a different cryptocurrency because the priority I'm saving for right now is to be honest.



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February 21, 2024, 05:10:16 AM
 #39

There are many types of Bitcoin investors, some invest for long-term holdings, while others invest for short-term holdings. But one thing is true, those who invest in Bitcoin for short term are never able to achieve anything big. On the contrary, they face more losses.
No there's one exception on the text that I bolded.
What about those traders who are successful in trading? I mean they're short-term holders of Bitcoin but they became successful? What about them then? They didn't achieve anything big? Tell that to those successful traders. Tongue

every Bitcoin investment should be long-term.
~
So those who have been patiently holding Bitcoin since then have already reaped double the return on their investment.
You don't have the right to decide for other investors out there. I can invest into Bitcoin, and hold it for mid-term only. At the same time, I can just buy Bitcoin after the halving and sell it immediately if I know that I will get profits from it. I know that Bitcoin is a good long-term investment, but is isn't only good for the long-term. At the end of the day, it will depend on the strategy of the one who's holding it. Well, I agree with what you said though. Those who are patient enough to wait for the bull run are the ones who maximize the profit now. Those who risked, and bought during the bear market are the ones who have the most profits now.

Now another big opportunity is going to come in front of us.
~
So just Hold bitcoin for long time.
Yes, a big opportunity for me to sell all of my token holdings, and will be patiently waiting for the bear market to happen again. Cheesy It's a cycle, and holding assets for years, and not taking the opportunity will lead to regret like what I felt last bull run. Hold Bitcoin for a long time? I might be holding Bitcoin for 4 years at least. When the time is right, I'll sell, and will buy again. Smiley

If there's an opportunity, always take it.

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February 21, 2024, 06:34:02 AM
Merited by fillippone (1)
 #40

as many people say in this forum, investing in Bitcoin will be better for the long term and what the forum members say is true, the proof is that now the BTC price has touched $52k and what the forum members here say is true, now people don't dare to buy BTC at all. During the bear market, of course  regretting it now and it's true that people who bought BTC when the BTC price was $25k or $27k have of course now made 2x the profits and I'm sure many members of this forum have made 2x the profits. and in fact, in my opinion, there are certainly many who have gained more than 2x the profits from investing like those who bought BTC for less than $20k but are still holding strong until now.

Profit opportunities will of course increase for those who invest in BTC and are still holding strong until now because of course it is predicted that the peak price of BTC will rise high during the bull run. Yes, for those who haven't invested in BTC, it's certainly not too late and of course can still buy BTC as long as are prepared for the risks posed by BTC.

Yes, it is true that investing in BTC for the long term is a good way, but for the short term it is also very good as long as master the knowledge.

R


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