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Author Topic: Invest in Bitcoin, for long time Holding  (Read 1171 times)
rodskee
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February 24, 2024, 08:43:25 AM
 #121

Bitcoin investment is for a long time holding and most of new person that came into crypto market industries without making a proper research may think Bitcoin is a sharp sharp business of making money, without applying the number one process, which is patient, as an Bitcoin investors or traders have to applied the mindset of patients to sell or buying, because the entry point and exit point determine the profit return in the business.
For those who are new to crypto, of course they have to do detailed research in order to be able to invest correctly when they have decided to invest. To be able to make a profit in investing in Bitcoin, we have to be able to hold it for a long period of time and we have to be able to know when. the right way to enter the market and you also have to make decisions not in a hurry so as not to make the wrong decision when investing.
but I believe mate that even if you are new here just reading all the details and the history of
bitcoin once you know the meaning of Holding? I am sure that you will be able to understand that you only
need to Buy and keep the coins and wait for at least months or years before taking your fruits because if
you will keep standing being new and will wait for another time to invest, sometimes your chance of profiting
in sooner time lapse and you need to take another couple of years to taste that product of your investment.

kotajikikox
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February 24, 2024, 11:05:07 AM
 #122


Its not really bad at all to decide selling a small portion of your bitcoin since that is your profit that you are willing to dispose and what's important there is you still have balance to use for holding since there's still good thing to happen with your investment.
actually sometimes it is needed to sell while its high and then buy again when suddenly there is a dumping as we don't know what will come in tomorrow.

but what is important is that we knew what we are doing

Quote
No one would surely disagree with the idea selling a small portion of your profit since sometimes we can't avoid to do that especially if we need some extra cash and there's little balance available to pull out.
I am doing this actually for some time now and indeed this increases my holdings of course.

Quote
But for sure we can add more funds again once we have extra cash to be used for investment on bitcoin.
as long as you have the funds in which willing to risk then its always a best option and action.

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February 24, 2024, 11:37:00 AM
 #123

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.

OP, every investor has their own decision, but your advise on bitcoin being a long term investor is in the right track, bitcoin was not created for quick profit but for people to benefit if the persist to keep for a long-term, though since bitcoin upward movement from 40k- this 51k plus that it is right now, there are people who have been benefitting in a short term, the people that has been targeting the market and understand how it works, though I know that know one can predict the exact price in the long run but people still benefit by investing a large some if they notice their is inevitable events that can push the price in shot period of time.

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February 24, 2024, 12:12:36 PM
 #124

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.
It's not a precise rule. There are exceptions. We just advise people into investing for the long term, because we know this market is unpredictable on short run, therefore unexpected dumps and dips may happen anytime without further notice. So, investors have to be prepared to hold for long periods of time, if necessary. However, a lucky investor can start his BTC investment on the exact moment Bitcoin begins to skyrocket, therefore he won't have to wait for too long until selling his coins for profit. It's a hypothetical example of big profit on short term.

In the end a short term investor can make the same profit a long term investor is making. It all depends the moment they began investing in Bitcoin. For long term investors, the worst case is when they have made their Bitcoin purchases during previous ATHs, what means they have to hold for years until being able to profit from their investments.

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bettercrypto
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February 24, 2024, 03:04:03 PM
 #125

Bitcoin investment is for a long time holding and most of new person that came into crypto market industries without making a proper research may think Bitcoin is a sharp sharp business of making money, without applying the number one process, which is patient, as an Bitcoin investors or traders have to applied the mindset of patients to sell or buying, because the entry point and exit point determine the profit return in the business.
For those who are new to crypto, of course they have to do detailed research in order to be able to invest correctly when they have decided to invest. To be able to make a profit in investing in Bitcoin, we have to be able to hold it for a long period of time and we have to be able to know when. the right way to enter the market and you also have to make decisions not in a hurry so as not to make the wrong decision when investing.
but I believe mate that even if you are new here just reading all the details and the history of
bitcoin once you know the meaning of Holding? I am sure that you will be able to understand that you only
need to Buy and keep the coins and wait for at least months or years before taking your fruits because if
you will keep standing being new and will wait for another time to invest, sometimes your chance of profiting
in sooner time lapse and you need to take another couple of years to taste that product of your investment.

You're right there, and that's what other Bitcoin holders actually do. These are the long-term holders who don't care about what happens in the market as long as they are only focused on selling what they hold after 5 or 10 years.

And this strategy or method is, for sure, a good plan or goal for a long-term investor. And this should really be what newcomers in the field of crypto space should also imitate, right?



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February 24, 2024, 03:18:48 PM
 #126

Now, Bitcoin was created as an alternative currency, kinda like a rebellion against the traditional banking system. But here's the thing, it hasn't exactly taken over the world for everyday purchases yet. It's kinda like a fancy sports car – cool to own, but not exactly the best for your daily commute.

There are hurdles, like high transaction fees and not many stores accepting it. So, while individual Bitcoin transactions between friends might be cool, widespread adoption is still a work in progress.

But hey, that doesn't mean Bitcoin's future is boring! It's constantly evolving, and who knows what cool stuff it might be used for in the future. Maybe it'll become the go-to currency for space travel, or maybe it'll power some crazy new invention. The possibilities are endless!

SUGAR
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February 24, 2024, 03:47:33 PM
 #127

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.
not only long term holder trader also get the profit if he is an expert trader and If he can get success from trading every time. But there are very few lucky people who can consistently profit from trading. and at the same time it is very risky. that's why long term holding is very important and effective strategy to always stay relaxed and earn a good profit. But to hold for long term you must have separate source of income and only then it will be possible
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February 24, 2024, 05:07:10 PM
 #128

It goes without saying that Bitcoin investments must be held long-term to reap good returns. Because short-term bitcoin investments cannot expect much profit, Bitcoin is a volatile currency that fluctuates in price. Although it is very profitable, it also carries a lot of risk. Most newbies rush to invest in Bitcoin but get emotional after some time when the price drops. And instead of taking risks, they sell their investments, fearing losses. We should remember that the most important thing in Bitcoin or any investment is patience and trust. If you want to get more profit by investing in Bitcoin, don't panic and hold on for long with patience.
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February 24, 2024, 05:21:27 PM
 #129

Of course Bitcoin is better to hold long term. Those who hold Bitcoin long term have had much more success here. Short-term Bitcoin holders may not gain much, instead they face more losses. Investment should be in such a way that after making the investment there is no need to look back on that investment later. If the investment is not looked back after investment then the person can definitely hold for long term.
Short term holders can make money too but this time, the higher amount you invest, the more satisfying that you'd do. This is the reality now in investing in Bitcoin and those that are cycle investors understand that and that's why they're trying to research and look for altcoins that they want to invest. But if you're for stability and security, there's no other better crypto than choosing Bitcoin. You're at the right hand if you're going to invest long term in Bitcoin.
The reason why long-term is better to invest in you don't have to bother yourself about the market and you won't be expecting profit so fast from the market but when you plan to make a short term investment it is possible to have a specific time you may be expecting profit and can be when the market can go dip, at this point you may decide to sell out of desperation that may likely put you in lose. Hodlonh Bitcoin is the best way to make profit from Bitcoin.

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February 24, 2024, 05:21:45 PM
 #130

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.
This is true, it has already been proven that if you buy bitcoin because of FOMO you might end up losing money as the price of bitcoin might not continue to be rising the up ward the same way it was running as of the time the investor decided to invest in it.

Although their are some short time investors who are lucky enough to be making big gain from the bitcoin market base on how they have been able to manage the market, which is they have been buying when the price is low target then why price goes up high and realize a little profit they will sell and wait for the market to go down again it might take time but they wait buy back and sell again, which if they continues like that they might been able to acquire lot of profit compare to how much it could have been if they hold down their initial Bitcoin value as of when they invested on it.
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February 24, 2024, 05:25:37 PM
 #131

It goes without saying that Bitcoin investments must be held long-term to reap good returns. Because short-term bitcoin investments cannot expect much profit, Bitcoin is a volatile currency that fluctuates in price. Although it is very profitable, it also carries a lot of risk. Most newbies rush to invest in Bitcoin but get emotional after some time when the price drops. And instead of taking risks, they sell their investments, fearing losses. We should remember that the most important thing in Bitcoin or any investment is patience and trust. If you want to get more profit by investing in Bitcoin, don't panic and hold on for long with patience.
Yes, those who can wait patiently are the successful investors in bitcoin investing. One of the benefits of investing in Bitcoin is that the investor can profit when the price of bitcoin is high but bitcoin should be considered as an uncertain investment and it is really bad to be disappointed when its value can go up and down. The topic of bitcoin is not relatively new if a long term investment is made in bitcoin now there is potential for huge returns in the near future. Needless to say there is a lot of profit potential in a short period of time but you need to have the ability to wait in time.
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February 24, 2024, 08:07:55 PM
 #132



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.
Thanks for this information because it's the best decision that anybody that is hodling Bitcoin can take, unlike some altcoins that are  not reputable to hold on the long term, Bitcoin is better if held on the long term because it's price can pump and dump on the short term, after some time the price will pump far more than it can dump, so if the holder did not sale during the short term of price fluctuations, he will gain far more when price increases and reaches ATH in the long run. As bull run is nearing it is still a good time to continue hodling because price will keep increasing on the long run till it reaches the destination of ATH, then a holder can sale some and make many times profit on investment.
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February 24, 2024, 08:22:32 PM
 #133

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.
It's better late than never as they say, so if someone hasn't invested yet, it's better if they do it now than not doing it at all. After all, if you don't invest today thinking that you have missed the train, you will regret it if Bitcoin manages to hit $150k within this exact cycle, if it isn't a lot, it's still a 2x profit from this point which is enough because you can't expect to become a millionaire with Bitcoin investments anymore as we are passed that phase now.

An investor thinking long-term shouldn't have any issues starting their investments even from this point, they can simply use the DCA method to invest so that if the market goes down a bit later, before the halving and the bull run, they can invest more to have a better buying average.

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February 24, 2024, 08:32:05 PM
 #134

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.
It's not a precise rule. There are exceptions. We just advise people into investing for the long term, because we know this market is unpredictable on short run, therefore unexpected dumps and dips may happen anytime without further notice. So, investors have to be prepared to hold for long periods of time, if necessary. However, a lucky investor can start his BTC investment on the exact moment Bitcoin begins to skyrocket, therefore he won't have to wait for too long until selling his coins for profit. It's a hypothetical example of big profit on short term.

In the end a short term investor can make the same profit a long term investor is making. It all depends the moment they began investing in Bitcoin. For long term investors, the worst case is when they have made their Bitcoin purchases during previous ATHs, what means they have to hold for years until being able to profit from their investments.
Yes, there’s no rule that says invest in bitcoin for long term, so whether you like it short term or long term, the important thing is you are investing what you can afford to lose. However, majority do prefer invest in bitcoin for long term most especially that we can’t predict how its price moves in the market. So in order not to lose and sell at losses, just invest when prices are in dips. Although its price is always a good buy, but the challenge gets more high if you enter at a bullish market so you have to wait for years to be able to sell in profits.

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February 24, 2024, 08:35:43 PM
 #135

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.
It's not a precise rule. There are exceptions. We just advise people into investing for the long term, because we know this market is unpredictable on short run, therefore unexpected dumps and dips may happen anytime without further notice. So, investors have to be prepared to hold for long periods of time, if necessary. However, a lucky investor can start his BTC investment on the exact moment Bitcoin begins to skyrocket, therefore he won't have to wait for too long until selling his coins for profit. It's a hypothetical example of big profit on short term.

In the end a short term investor can make the same profit a long term investor is making. It all depends the moment they began investing in Bitcoin. For long term investors, the worst case is when they have made their Bitcoin purchases during previous ATHs, what means they have to hold for years until being able to profit from their investments.
Yes, there’s no rule that says invest in bitcoin for long term, so whether you like it short term or long term, the important thing is you are investing what you can afford to lose. However, majority do prefer invest in bitcoin for long term most especially that we can’t predict how its price moves in the market. So in order not to lose and sell at losses, just invest when prices are in dips. Although its price is always a good buy, but the challenge gets more high if you enter at a bullish market so you have to wait for years to be able to sell in profits.
Whether long term or short term then it would really be always your choice because no one would really be the one who would really be teaching you on what are the steps that you would take. If you are going for long term or short term. It would really be just that depending with your own decisions since its your money from the start. Dont tend to listen with others suggestions because nothing beats out that you do make your own decisions basing up with your own analysis rather than with others.

Some do stick for long term just because they dont have that sufficient knowledge with Bitcoin trading and just tending to hold for long term because they cant bare up with the risk and some do really just that
make those kind of dealing with price volatility because they do really much love or prefer on seeing profits in a short time period rather than on waiting up for too long.
There are ones who are really that be able to bare up with the risks and there are ones who cant. This is why it would really be always fall down on someone preference or choice.

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February 24, 2024, 08:36:07 PM
 #136

We must be able to distinguish the initial goal that we want to achieve now is investment or trading because after all this determines your intention and focus here.

When the focus is on investing then it is only natural that we must remain focused on holding on to what we have and trying to increase our current portfolio because it is an important thing that we must do but on the other hand trading is also not the wrong choice if you really know how because after all when trading and investing it has their respective risks.

But in this case we must be aware that if indeed we are a beginner then it is highly recommended to hold bitcoin and invest for a slightly longer period of time because in addition to the risk being slightly smaller than trading this can also hone our ability to continue to learn bitcoin because there is a really very good process that can be undertaken in the investment that we do.
There are many people who separate two funds [1] for investment and [2] for trading, but what I do is better investment than trading.
It can indeed be done and actually it is a pretty good strategy.  Still to do something like that then we need to realize that it requires a large enough capital so that I don't think it can be done by ordinary people who do invest with the strength of a modest amount of money because after all we must be aware that something like this requires a good financial condition for ourselves. If we don't have it then we can be sure that we will be rolled up and will lose only because the plans we do are less mature because we don't just focus on one part even though we lack the finances to do both.

Quote
One of the most important things in investing is to test their patience, if not then they can break up halfway, this is also actually not easy because of the long time then they will have many obstacles where they want to sell when they have 50% profit even though it is not worth it, but still in bitcoin the longer it will be better especially by continuing to grow the portfolio by means of DCA for example.

Yeah this is true beginners are better off investing than trading because to test trading skills requires courage by taking high risks, in trading you will also need a long time to understand all the basics needed while in investing we only need to HODL and do it the DCA way then it's that simple.
Because in the end this is based on the process and we if you want to succeed in bitcoin then indeed we must recognize the process and defeat it because after all it is a series that we must conquer because in the end in the investment that I feel now selling and buying is a very easy thing but holding back is sometimes very troublesome because the temptation not only comes when bitcoin goes down but when bitcoin goes up it will really test the mentality we have.

There is no good advice for a beginner other than investment. I say this because I am also very new and with the experience I have had in the past few years as a beginner, investing is very good to do compared to trading because after all we have to understand risk management and at this time it is more worth it to invest than trading for them beginners.

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February 24, 2024, 09:09:25 PM
 #137

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.
It comes down to their trading skill some are good at day trading or short term trades, so we couldn't really say that they could never achieve anything big.
What if they are making use of the Bitcoin price movement on short term trades to gain more Bitcoin rather than just holding their Bitcoin?
We should never look down on those short term investor, they could always reinvest their winnings to gain more.



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February 24, 2024, 09:29:32 PM
 #138

I agree with you. Given Bitcoin's historical trends and growth trajectory, a long-term strategy may yield higher profits.
salad daging
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February 24, 2024, 09:42:27 PM
 #139

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.
It comes down to their trading skill some are good at day trading or short term trades, so we couldn't really say that they could never achieve anything big.
What if they are making use of the Bitcoin price movement on short term trades to gain more Bitcoin rather than just holding their Bitcoin?
We should never look down on those short term investor, they could always reinvest their winnings to gain more.
In this case you must be able to distinguish about investment and trading because both of them even though it is the same thing related to bitcoin but in terms of how it is 2 different things and we must be able to distinguish that.
When talking about investing, it is actually not too feasible in my opinion to associate it with trading and vice versa because the concept is different and the way it is done is also different.
Indeed, in this case trading is also not a wrong thing and we are looking for some of the best strategies to smooth out the plans we have built but on the other hand in the end we also have to understand that investing and trading are 2 different things.

I will not refute your opinion about day trading and others but on the other hand in the end we must realize that sometimes everything has its portion and surely the risks are also more different so that when the concept of trading is discussed with investment then it will not be connected.

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February 24, 2024, 10:00:00 PM
 #140

Everyone dream is to invest in bitcoin for a long term but there are some factors that making people to invest in short term. And one of the factor is lack of money to invest for a large quantity and because of that many people left investment and depend on the signature campaigns and hodle for the next bull market that is coming. And some ncw they don't have extra money to do other things they still send the money that is coming from signature campaigns so the investment is not much.

And now that the price is on the increase many people are saving because they have seen that they are making profit from the small investment from the campaigns. And when we come to bitcoin investment it is good for a long term investment because long term investment will make more profit by the investor.
Bitcoin is certainly for long term but it’s hard to control the people on how they will see bitcoin as an investment. But either it’s short term or long term, there will always be present of profits. However, you can never maximize your profits if you go for short term investing even if you say you start buying bitcoin when there is price correction. It’s still a lot different when you hold your bitcoin for couple of years because we all have seen how it’s price keep increasing every year, and in every year or two, a new all time high comes out. So we can safely say that long term hodling will gain higher probability of profits than those who only made it for short term.

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