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Author Topic: Invest in Bitcoin, for long time Holding  (Read 1138 times)
MarjorieZimmermanGinger
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February 21, 2024, 07:18:56 AM
 #41

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.
If you make the right investment there is no loss in bitcoin, although in the short term it is much more difficult to make big profits. Investment talks about opportunities and especially for the short term because when we buy at a slightly more expensive price, achieving maximum profits will be much more difficult. That's why investing in bitcoin is much better in the long term because we can sell at the price we want and in the long term we can also get the next ATH.

Patience will bring one to the profit stage and if they can wait and continue to accumulate bitcoins responsibly then I am sure we will experience quite maximum profits after the next ATH. Now it depends on how someone implements the strategy and if they want to get big profits then they should choose the long term and if they want to get even small profits in the short term they also have a chance.

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February 21, 2024, 08:06:42 AM
 #42

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.
If you make the right investment there is no loss in bitcoin, although in the short term it is much more difficult to make big profits. Investment talks about opportunities and especially for the short term because when we buy at a slightly more expensive price, achieving maximum profits will be much more difficult. That's why investing in bitcoin is much better in the long term because we can sell at the price we want and in the long term we can also get the next ATH.

Patience will bring one to the profit stage and if they can wait and continue to accumulate bitcoins responsibly then I am sure we will experience quite maximum profits after the next ATH. Now it depends on how someone implements the strategy and if they want to get big profits then they should choose the long term and if they want to get even small profits in the short term they also have a chance.

Maybe there will be no loss in bitcoin unless you didn't sell when there's a price dump or correction happen. Paper loss is what actually the issue here and to many people got scared about encountering this that's why a lot people holding bitcoin lose its because they got afraid on certain dump happen since they sell their bitcoin out of panic on those situation. If they could just able to wait for price recovery since bitcoin is well known for that for sure there will be no loss gonna happen but instead they could able to enjoy the profit what can actually bring by good events brought up by bitcoin hype.

We are seeing now the good events that can help bitcoin to pump and people should consider that since its important to know these so that they could set some targets on when they would sell their coins and take their profits.

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February 21, 2024, 08:10:21 AM
 #43

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.

Well, don't you think it's already too late for those that may want to buy at this point, I think we are already in bullrun and I don't see BTC price retracing back to $40k not with the approval of the Bitcoin spot ETF. Alot of newbie are coming into the crypto space everyday and the current price of BTC may scare them. Though BTC may still have a long way to go but not everyone has the ball to buy in at this rate the reason why many newbies are looking towards altcoins.

Moral lesson... Procrastination is dangerous, when you have the opportunity to invest, never waste time. #BTC always.
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February 21, 2024, 09:13:07 AM
 #44

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.
One of the things that makes people to go into short-term investment in bitcoin is because they want to gain profit quick from their investment, so they find it very difficult to have the patience to go into long-term investment. Hodling Bitcoin long-term as investment is the only way to make good gains out from bitcoin,  bitcoin is all about long-term when we are talking about profit making.

Normally buying low and hodling Bitcoin is a very good way of making good profits in bitcoin,  and this is what Real bitcoin investors do to gain profit from Bitcoin because they are very sure of bitcoin , thst it will definitely yield profit when you hodl it for sometime.

Bitcoin price is increasing drastically, and for those that have been able to hodl bitcoin for sometime without any fear of selling have made so much profit in hodling.  The profit in bitcoin is real for those that can hodl it without any form of doubt.

R


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February 21, 2024, 09:16:04 AM
 #45

I personally also only invest in bitcoin for the long term. Because we can't expect much in short-term bitcoin investments. Because bitcoin price movements tend to have the same cycle for every bitcoin halving. So it becomes more profitable if stored for the long term. In the short term, I think we can still hope for far more from altcoins even though they have the same big risks. But in the long term Bitcoin has proven that loyal holders always have a profit as long as they hold strong until the target price is reached.
Since you can never guarantee that the price of Bitcoins will increase significantly and sell them will make you a huge profit, in this case you should hold your investment in Bitcoins indefinitely. so you have to invest in such a way that you don't have to sell them until your target is met. so you should hold for the long term by investing as much as you can afford to invest for the long term. Bitcoin price is now around $52k Many of us are afraid to invest in Bitcoin now because it has already gained a lot in price.  But we find it hard to accept that the price could cross $100k at any time


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February 21, 2024, 09:47:19 AM
 #46

Now is the right time to hold on as the price of bitcoin seems to rise significantly. The only way to profit from bitcoin is to invest for the long term. Bitcoin price has reached 50 thousand dollars. It has increased a lot in a week that's because investors have started increasing their investments in new spot ETFs approved last month. With the bitcoin halving investors are hoping for better long term returns.

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February 21, 2024, 09:56:30 AM
 #47

Well, don't you think it's already too late for those that may want to buy at this point, I think we are already in bullrun and I don't see BTC price retracing back to $40k not with the approval of the Bitcoin spot ETF.
I don't think it's too late for those who haven't bought bitcoins yet, there's still time to buy them, they can still buy bitcoins if they want and hold them for investment. We saw Bitcoin price rise to a high after the Bitcoin ETF was approved last month, but then fell back a bit and then rebounded to reach 52,000. The current price of Bitcoin is above $50000 and from here we can also buy Bitcoin as Bitcoin halving is only a few months away. We all know that after bitcoin halving the crypto bullrun season will start then surely bitcoin price will 2x i.e. to 100k dollars.

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February 21, 2024, 11:35:02 AM
 #48

op I agree with you. That's because if we invest in Bitcoin, we must have a long-term plan in Bitcoin investment. If we invest without a long-term plan, we won't get much success with Bitcoin investment. Patience is very important in bitcoin investment There are many people who get impatient with bitcoin so be patient and check the market if we can invest in bitcoin then we can get success with this investment. So we all should have a long term plan in investing in Bitcoin and invest patiently checking the market so that we can get a lot of success through the future.

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February 21, 2024, 12:16:40 PM
 #49

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.
If you make the right investment there is no loss in bitcoin, although in the short term it is much more difficult to make big profits. Investment talks about opportunities and especially for the short term because when we buy at a slightly more expensive price, achieving maximum profits will be much more difficult. That's why investing in bitcoin is much better in the long term because we can sell at the price we want and in the long term we can also get the next ATH.

Patience will bring one to the profit stage and if they can wait and continue to accumulate bitcoins responsibly then I am sure we will experience quite maximum profits after the next ATH. Now it depends on how someone implements the strategy and if they want to get big profits then they should choose the long term and if they want to get even small profits in the short term they also have a chance.
Personally when I first joined the crypto space , btc wasn’t my motive coz as of that time I had very little funds . So I thought the need to diversify my portfolio with low cap gems for quick profits . After compounding for a while I was able to invest some amounts in btc .. i hear most people just buy and forget about it lol , I buy take profits then look for a better entry to buy again strategically
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February 21, 2024, 03:01:55 PM
 #50

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.
If you make the right investment there is no loss in bitcoin, although in the short term it is much more difficult to make big profits. Investment talks about opportunities and especially for the short term because when we buy at a slightly more expensive price, achieving maximum profits will be much more difficult. That's why investing in bitcoin is much better in the long term because we can sell at the price we want and in the long term we can also get the next ATH.

Patience will bring one to the profit stage and if they can wait and continue to accumulate bitcoins responsibly then I am sure we will experience quite maximum profits after the next ATH. Now it depends on how someone implements the strategy and if they want to get big profits then they should choose the long term and if they want to get even small profits in the short term they also have a chance.
Personally when I first joined the crypto space , btc wasn’t my motive coz as of that time I had very little funds . So I thought the need to diversify my portfolio with low cap gems for quick profits . After compounding for a while I was able to invest some amounts in btc .. i hear most people just buy and forget about it lol , I buy take profits then look for a better entry to buy again strategically
It sounds like you do more profit taking as a trader would rather than as long term investor.
BTC investment as HODLing for long term is quite profitable if one gets to have a good offline or hardware wallet that is not connected to any exchange or has any loop holes that can allow Internet hackers to access the account. Also if an investor is not one to always be careless to loose their key phrases, then long term investment or HoDling BTC will be sure profitable.

The discipline can also guarantee one to be able to accumulate BTC no matter how small for a good long term duration despite any market seasons or the price and ATH.

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February 21, 2024, 03:05:51 PM
 #51

Investors invest thinking that they will invest for long time but there are some investors who patiently invest and hold for long time and they only get huge profits by holding long term from Bitcoin. But there are many investors who plan to invest for a long time and keep investing, but after a few days after investing, when they see a small profit, the emotions and feelings work so deeply in them that they break the commitment to keep the investment for a long time and hold Bitcoin as soon as they get the profit Instead of making, it sells. However, no matter what you call trading or investment, you should not be overly emotional after investing. After investing, one must be patient by deciding to invest for the long term and no matter how much profit comes, if a plan is made to invest for a certain period of time, it must be the job of a good investor to keep investing for that period.

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February 21, 2024, 03:17:09 PM
 #52

Investors invest thinking that they will invest for long time but there are some investors who patiently invest and hold for long time and they only get huge profits by holding long term from Bitcoin. But there are many investors who plan to invest for a long time and keep investing, but after a few days after investing, when they see a small profit, the emotions and feelings work so deeply in them that they break the commitment to keep the investment for a long time and hold Bitcoin as soon as they get the profit Instead of making, it sells. However, no matter what you call trading or investment, you should not be overly emotional after investing. After investing, one must be patient by deciding to invest for the long term and no matter how much profit comes, if a plan is made to invest for a certain period of time, it must be the job of a good investor to keep investing for that period.
Few people can think about investing in Bitcoin for the long term because many investors only think about making profits in a short time. Maybe that can be achieved if Bitcoin's movement is in a state of increasing day by day. But we know and see that Bitcoin movements always go up and down and even currently market conditions are declining again.

If you are a Bitcoin investor, you must be able to hold your Bitcoin for the long term and not be tempted by anything. They are unable to hold their Bitcoin any longer because market conditions are becoming increasingly uncertain. This makes them lose their enthusiasm to keep holding their Bitcoin and finally they sell their Bitcoin at a loss.

In investing in Bitcoin, we must have strong hands and not be easily tempted by anything. We also don't need to check market conditions too often because our goal is long term. We only need to buy Bitcoin and hold it until the time we determine and wait until the price reaches the price we want then we sell it.

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February 21, 2024, 03:39:48 PM
 #53

That's right. Bitcoin is a long-term investment opportunity with great profits, safer than any other type. Bitcoin has become a 1000 billion asset and it will continue to increase in value over time. Greed is a common mistake for investors who misunderstand investment strategies. When they can't hold back, they will sell bitcoin to buy the hype and get bad results, not achieving profits. I think it's best to diversify and be willing to hold bitcoin for the long term.

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February 21, 2024, 03:51:16 PM
 #54

By investing in bitcoin with long term holding have bigger profitable opportunity than short term trading, actually long term trading not required until several years later but one or two years hold bitcoin seems still promising to earn profit more than 50% until 100%.
Last years, bitcoin dropped almost $20k and we can calculate with how much potential profitable earn until one years holding more than 100% regarding bitcoin success raise to $53k.
Investing for long term in bitcoin need strong hand and difficult for trader with paper hand typical, they will see when bitcoin up few percent only without looking the potential profitable earn when long term holding.

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February 21, 2024, 04:07:17 PM
 #55

So just Hold bitcoin for long time.

Holding Bitcoin for a long time must of course be able to decide to sell when you get multiple profits, in other words, Bitcoin will not always continue to be held for the long term, even though Bitcoin is predicted to become increasingly expensive in the future, but the age of someone who holds Bitcoin  Of course it won't last forever, someone also wants to be able to enjoy the results.
Whenever we feel that we have made a profit, it would be better to be able to enjoy the results, unless the Bitcoin assets we own are used as an inheritance so that future children can enjoy them.

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February 21, 2024, 04:12:39 PM
 #56

Agreed to certain extend as long term investors are safe and end up receiving more profit than the short term investors but not everyone can be an long term investors as those who have enough money, allocated some fund for risk investment can be a long term investor but someone who couldn't save much won't be a long term investor because those with lesser capital wants to increase their capital by earning profits as a result end up with lesser profit by cashing out early or enduring loss. I think DCA is the solution for all but one should require patience.









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February 21, 2024, 04:25:08 PM
 #57

When it comes to investing in bitcoin I prefer to invest for the long term. Long term investment gives good returns while in short term its profit is less. We all know that cryptocurrency Bitcoin is a strong long term investment opportunity but before diving into this world it is wise to exercise caution and be clear with yourself about your intentions and expectations for entering the market. Bitcoin is good at long term thinking but like crypto can go up and down so quickly that many people may be disappointed that they have to wait patiently without any thought.
It should be if you want to take high profits investing long-term in bitcoin will pay off, in contrast to altcoins if we want high profits investing short-term will be profitable in altcoins. And i noticed that if bitcoin goes down the others also go down, and vice versa if altcoins go up it's because bitcoin is going up. Indeed bitcoin is the parent for other coins and there are still many reasons related to this, the important thing is that we understand the flow of all this, i am sure it will definitely be profitable for those who understand it.

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February 21, 2024, 05:22:36 PM
 #58

Holding Bitcoin for a long time must of course be able to decide to sell when you get multiple profits, in other words, Bitcoin will not always continue to be held for the long term, even though Bitcoin is predicted to become increasingly expensive in the future, but the age of someone who holds Bitcoin  Of course it won't last forever, someone also wants to be able to enjoy the results.
Whenever we feel that we have made a profit, it would be better to be able to enjoy the results, unless the Bitcoin assets we own are used as an inheritance so that future children can enjoy them.
Before investing in Bitcoin an investor must first have a good idea about Bitcoin. As a trader or investors Bitcoin should not be considered only as a trading tool. It can turn into a great asset if the investment is planned for the long term. If the investor feels that he can profit by selling the bitcoins then he can sell them as per his wish. But when Bitcoin is thought of as an asset, it's definitely harder to sell. Although there are no guarantees in investing, depending on the market conditions and possible reasons to hold Bitcoin, it will turn into a permanent asset in the long term. I can't disagree with your words because the price of Bitcoin can go up as well as lose at any time. So if someone wants to avoid risk in investment he can sell his bitcoins but I think a bitcoin holder must take a strong position for holding bitcoin for long time.


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February 21, 2024, 05:24:53 PM
Merited by The Sceptical Chymist (2)
 #59

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 all have different perspectives of how we perceive things, there are those who are more comfortable with short term investments and it have been a success for them they have been able to realize a reasonable profit from it. Also there are those who believe so much in long term investments and it has been working for them and have been able to gain some profit out of it. In the long run long term investment can be more profitable and less risky than short term investing but all that matters is gaining profit from your investment so it doesn’t really matter what investment technique you adopt. Some people don’t like the idea of holding for a long time probably because they don’t have the patience to wait for a long period.

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.
I agree with you and i also believe long term investment will bring more returns but condemning short term investment when both have their advantages and disadvantages is not ideal. There are some people who are lucky with investing for short term and they are able to make some profit for themselves and if you come to think of it, if they keep making profit from time to time it might be equivalent to the amount long term investors make. All investments are risky and even the long term investors are at risk too when they don’t know how to manage their profits.

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February 21, 2024, 05:27:10 PM
 #60

Everyone is free to invest in Bitcoin whenever they want. It's not always as profitable as it may seem because it's for the patient investors to wait for the long term.

And that's why if you consider yourself investing to Bitcoin for a short term period of time, that's your strategy and no one can stop that. You just can't force people and say that they should hold for long term if they don't like and what's promising to them is to hold short term.

To invest or not, that's the decision that you can't force to everyone that have the idea on how they're going to take for themselves.

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