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Author Topic: Will hodlers still enjoy profit in the future?  (Read 787 times)
Sobz (OP)
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August 14, 2024, 10:59:22 PM
 #1

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
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August 14, 2024, 11:21:04 PM
 #2

If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
Technically it won't be profitable until you made use of those profit, mean you buy something out of those profit, or else you were just hodling. It's the same thought on just hodling while price keeps dumping.
And once someone who do it (selling) especially a whale or institutional investors like the Microstrategy, then particularly it will have a huge effect on the market so...An schedule selling is still good even just a portion of the hodl amount IMO, unless you have so much spare money, so you just need to stack bitcoin.

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August 14, 2024, 11:49:11 PM
 #3

If there are hodlers, that means some people are also selling their coins, in order for others to buy and hold. So bitcoin will still be profitable knowing the law of demand and supply is still working. Also, hodlers will eventually sell in the future, as there’s no such hodlers for a lifetime except for those who completely forgotten their investments or their private keys. And once they sell for profits, that’s the only time they will come to enjoy their hard-earned investments.

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August 14, 2024, 11:50:43 PM
 #4

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
Our greatest hope on bitcoin is its scarcity model. We believe that vast majority of the world are yet to adopt bitcoin. As long as they will learn understand bitcoin and venture into it gives us the conviction that the future is bright.

If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
Technically it won't be profitable until you made use of those profit, mean you buy something out of those profit, or else you were just hodling. It's the same thought on just hodling while price keeps dumping.
Today, I have learnt a new thing. We learn everyday in this space.

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August 14, 2024, 11:53:27 PM
 #5

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

Yes my clear example is the gold that many knows will continue to have value and yet we still see it been traded today. Bitcoin been profitable is all about it been traded that is the demand is very much high and as we go on the mining of its decreases which signifies scarcity the demand will increase while the supply will decrease which will ll be its reason for continuous price increase. Yes as people find out that there is profit in holding they will hold more but that won’t stop its trading which is what you meant by if it will be profitable. It will still be traded because everyone will have there own price target to take profit and there for there will always be sellers but the holders would be more making it more precious and profitable.

As for its volatility, there is no doubt the volatility will reduce as we have started seem now, bitcoin is not as volatile as it was before right now and that volatility will continue to decrease as many investors decide to hold

Technically it won't be profitable until you made use of those profit, mean you buy something out of those profit, or else you were just hodling. It's the same thought on just hodling while price keeps dumping.
Today, I have learnt a new thing. We learn everyday in this space.

This is what is referred to as Unrealized profit in trading











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August 14, 2024, 11:56:27 PM
 #6

Ofc since it won't cease to be volatile.

Actually, I've always thought there are more people hodling as oppose to using it. A lot of the known whales have been hodling for years and even the big bags who has been mass selling recently have at least hodl'd their BTC for a good amount of time. In addition, I don't remember how many post about urging us to use more btc and don't just hodl I've seen across crypto communities lol. But maybe we've had more paper hands over the years. Ultimately, there are variety of crypto users out there and we don't have control how they spend their money.

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August 15, 2024, 02:38:39 AM
 #7

Will bitcoin still be profitable in the future
No one can say sure things about anything in future and future about Bitcoin, holding Bitcoin brings profit or not, is not exception.

Quote
when most people might have understand it better to hodl bitcoin.
How long they hodl bitcoin will decide profit or loss to come to them. Understand it and successfully practice it to hodl bitcoin a long time for getting profit is different. People might need like at least one market cycle to understand it and can change their price target in each cycle, then can hold their bitcoin a long time like at least four years and know when to exit the market in each cycle.

If they don't want to hold bitcoin through 2 or 3 cycles before taking profit, understand market cycle history will help them to exit the market around peak time.

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August 15, 2024, 06:46:34 AM
 #8

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin.
Bitcoin will become profitable in the future mostly for those who are accumulating and hodling now and also for those who are into Futures trading. As for those who will be buying to hodl in the future, there may not be much X on ROI to be made. In the future, investors are likely to invest more in alts than they will do on Bitcoin on a short term. Alts will be give more ROI then.

Quote
I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about.
I think there won't be much volatility then too. If we've to judge Bitcoin by what's happening to its volatility now in comparison to what it did in 2017/18 when volatility was off the hook. I guess as Bitcoin gets more adoption, its volatility decreases as its profit making ability on short term also decreases and becomes minimal.

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August 15, 2024, 07:22:31 AM
 #9

If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
It depends on how much bitcoin they have, for example 10 million users can own less than 100,000 bitcoins while a single entity like BlackRock or Grayscale owns more than 100,000 bitcoins, so the impact of 10 million users is the same as the impact of one of these miners. In short, the impact of institutional alert is greater than the individual impact (in terms of price)

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August 15, 2024, 08:49:55 AM
 #10

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
A healthy part of your Bitcoin investment strategy will be when the quality of your Bitcoin is combined with serious research on long-term prospects. I think most of us investors would do well with a well-researched hodling portfolio with a short-sighted day trading approach. Bitcoin will be a profitable investment in the near future as technically people are learning to understand more about BTC now.
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August 15, 2024, 11:39:40 AM
 #11

[...] If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

If the majority of people hold their bitcoin, and are unwilling to sell it, then it will create an unreasonable bid phenomenon. And if that happens, then the profit on selling bitcoin will exceed your expectations, unlike these days profit. Is that possible to happen, i think not, we understand very well how the economic system works, people will sell their bitcoins if they have reached their target price, the exception is bitcoin maximalists.

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August 15, 2024, 11:58:07 AM
 #12

If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
it will depend on the moment when you withdraw your profit. when we invest then we have a plan and target that we will make as a goal. of course, the hope is profit. we will not forever and continuously hold the Bitcoin that we hold. you must have a sense of satisfaction for achieving your target.
because there are addresses that hold large amounts of Bitcoin, the future situation may also be influenced by those large holders. when they do not release large amounts of Bitcoin, it will not have a big effect on the price of Bitcoin. but if a large transaction is made, it could move the price of Bitcoin. the future situation could be detrimental but could also be profitable.

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August 15, 2024, 12:38:14 PM
 #13

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

If you  are doubting about that then read this https://crypto.ro/en/news/why-holding-bitcoin-has-been-profitable-for-nearly-100-of-its-existence/ It shows interesting information about gains on people who decide to hodl.

Also its still profitable since right now bitcoin already gained to much success plus good attention not only in the mainstreams but also with government in economically strong countries. So imagine if there are more demands will came and there's limited supply of bitcoin then there's a huge chance that bitcoin price would continue to rise up. So I guess much better for you to dig up more information then learn from this and maybe you will gain confidence to hold for long term.

R


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August 15, 2024, 12:52:41 PM
 #14

If there are hodlers, that means some people are also selling their coins, in order for others to buy and hold. So bitcoin will still be profitable knowing the law of demand and supply is still working. Also, hodlers will eventually sell in the future, as there’s no such hodlers for a lifetime except for those who completely forgotten their investments or their private keys. And once they sell for profits, that’s the only time they will come to enjoy their hard-earned investments.

The crazy part is we can't all be holders, someone will sell at some point and that's why Bitcoin investment is coolest, some will use Bitcoin as store of value while some will use Bitcoin as medium of exchange, to me it's all perfect all around.

Don't let anyone talk you out of holding Bitcoin or other crypto asset, now that things are looking tougher is when you will be seeing posts about how things can never turn great again, some are speculating that the bulls aren't coming back already, when people starts giving up like this is when things will get better unexpectedly.

HODL.

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August 15, 2024, 12:55:32 PM
 #15

If you  are doubting about that then read this https://crypto.ro/en/news/why-holding-bitcoin-has-been-profitable-for-nearly-100-of-its-existence/ It shows interesting information about gains on people who decide to hodl.

So far, if taken into account with the price history that has occurred, a holder must make a profit. But for the future everything is unpredictable. Even the price could reach zero or even the price would reach a new high. In addition, legally, trade demand and supply with the existence of a max supply, the price should indeed be higher. It's like a rare item that is in high demand. But this is just a prediction anything can happen. You should be disciplined with the plan you have prepared, because crypto always gives great surprises.

R


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August 15, 2024, 02:33:22 PM
 #16

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

You don't want to wait till 2028 to find out, and I bet with you that this question of yours will be asked again after Bitcoin reach 120k, I feel like this question comes mostly from people who don't take action but are looking for people that will confuse them.

There was no support from the centralised world before, no black rock, no greyscale, no president supports, and now we have this, and you are still asking this question? Are you going to change your mind once Amazon start accepting Bitcoin payment? Are you doing to wait till DHL and AliBaba start accepting crypto payment before you have a change of mind?


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August 15, 2024, 02:36:25 PM
 #17

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

Any profit is considered as good and enjoyable. There’s also leverage trading than can help to increase your profitability even with small movement on price which means a Bitcoin hodler can still enjoy profitability in the future even with small changes in price if they are willing to leverage their holdings in exchange for more Bitcoin profit.

I think the volatility will be lesser in the future but that doesn’t mean it will be stable which means there’s always a room for profit in Bitcoin that has greater potential when you compared it to traditional investments.
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August 15, 2024, 03:03:45 PM
 #18

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
The profitability of bitcoin is not determined by holding it, but rather depends on people's faith in the future growth of this financial asset. As long as holders believe that bitcoin will rise in price in the future, they will hold bitcoin and thanks to this, at least, bitcoin will not depreciate. But the price growth can't be eternal and at one point, the market must become saturated. In fact, the price depends on supply and demand, and if there is a deficit (active hold of bitcoin), then this can provoke an increase in the cost of bitcoin. But for this, holders must realize the opportunity to earn on this.

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August 15, 2024, 03:23:29 PM
 #19

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
I think having more people holding Bitcoin will help increase the price,rather than having more sell pressure. The more people choose to hold the lesser the circulation which creates scarcity and potentially increases the amount to be sold for and to make it to that point means accumulating enough portion of Bitcoin now before then. Bitcoin is getting beyond margins, a lot of people getting involved and also how limited it is, definitely in the future every Bitcoin holder will enjoy the best of profits compared to what we have now.

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August 15, 2024, 03:55:23 PM
 #20

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
Bitcoin is designed to increase in value with time, so it will always be profitable to hold bitcoin for a long time. When I said designed to increase in value, I meant that we have a fixed amount of bitcoin that will never increase and at the same time we have even call halving that will always decrease the amount of free bitcoin available to miners which are always injected into circulation. When you combine both cases, you will come to the conclusion that bitcoin will always increase in value with time.

Therefore holding bitcoin is one of the best things to do because it is a reliable asset, good liquidity and not limitation or external influence. The bulk of the job is in choosing a safe medium of storage to avoid theft or loss of asset. Self-custodian wallets or hardware wallets are the recommended types of wallets to use for storing bitcoin for long time investment.

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