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Author Topic: Will hodlers still enjoy profit in the future?  (Read 632 times)
Zigabel
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August 22, 2024, 06:35:38 PM
 #61

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 ?
Firstly you should understand that Bitcoin wasn't and isn't ment to solely be held, there are other things with which we can do with Bitcoin, following it's original purpose of creation which entails independence and limitless control of transaction, this will mean that all the new adoptions will further increase it's usage making it more valuable and holders too can make some profit of it so adopting isn't a threat to which Bitcoin is going to not have its value appreciating anymore.

The only advise at this point is to start looking into diversification of your holdings and not limiting yourself to holding alone so in any case in the nearest future, you will still be making profit for yourself off your holdings.

Tmoonz
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August 22, 2024, 09:56:01 PM
 #62

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 ?

Surely, in as as much as the future is untold there is high possibility of profitablity if only we can buy and hold over time, definitely every body didn't and can not start the Bitcoin journey at the same time hence while others might be selling others will be buying too. Historically, Bitcoin has been making an all time high before and after Bitcoin halving putting those who has bought enough Bitcoin and has held for long over time in good profits, but it is best that we maximize the opportunities that we see today other than getting worried about what will become tomorrow, because if we don't prepare today we can not enjoy tomorrow.

Stepstowealth
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August 22, 2024, 10:59:22 PM
 #63

Surely, in as as much as the future is untold there is high possibility of profitablity if only we can buy and hold over time,
From my point of view, I think the OP is demanding to know if we will still profiting from bitcoins just as holders in the future, but I do not think so because I believe that the profit that early investors made from just holding bitcoins till date is very significant and that the chance to profit from just holding bitcoins will reduce that if you must profit very well, you have to do other things to really earn some bitcoins. This is really far into the future in my thoughts, and I think maybe around this time, bitcoins will already be in consideration for adoption. Bitcoin will maybe at this time take up more role as a currency than for just investment.

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August 22, 2024, 11:28:06 PM
 #64

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 ?

There’s no way an hodler will continue to hold forever even when they know they’re in profit. A time will come that they’ll be willing to sell some part of the investment even if not all of them. The reason for investment it to earn profit, it will be meaningless to just invest and not take profit after you’ve actually gotten enough to take some profits and still continue with the investment. Bitcoin has already shown to many that it’s an asset that will continue to have value, so they don’t get themselves stuck to panic and fear of losing their investment in the future.

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batang_bitcoin
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August 22, 2024, 11:34:52 PM
 #65

There’s no way an hodler will continue to hold forever even when they know they’re in profit. A time will come that they’ll be willing to sell some part of the investment even if not all of them. The reason for investment it to earn profit, it will be meaningless to just invest and not take profit after you’ve actually gotten enough to take some profits and still continue with the investment. Bitcoin has already shown to many that it’s an asset that will continue to have value, so they don’t get themselves stuck to panic and fear of losing their investment in the future.
This is the truth about holding. We all have prices that might push us in selling and the sad part about it, when we want to buy back that sold Bitcoin's that we've done, it's unlikely that we'll be able to purchase it back because of how expensive it is by that time. So, my tip to everyone that will or are going through this scenario right now. Plan your holdings and the time that you're about to sell. It's not that we'll hold forever and time of selling will come expectedly or unexpectedly. And that's why be wise with all of the decisions that we'll do in the nearest future. The market is in total unpredictability, so as the market but I am not doubting BTC as I have designated specific amount to hold for a longer time.

Rent this sig space so that BTC goes to $100k.
Rustam Meraj
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Today at 12:36:34 AM
 #66

This is the truth about holding. We all have prices that might push us in selling and the sad part about it, when we want to buy back that sold Bitcoin's that we've done, it's unlikely that we'll be able to purchase it back because of how expensive it is by that time. So, my tip to everyone that will or are going through this scenario right now. Plan your holdings and the time that you're about to sell. It's not that we'll hold forever and time of selling will come expectedly or unexpectedly. And that's why be wise with all of the decisions that we'll do in the nearest future. The market is in total unpredictability, so as the market but I am not doubting BTC as I have designated specific amount to hold for a longer time.
I agree with you dear When holding onto Bitcoin it is important we must have  plan. It can be tempting to sell but remember that buying back can be hard or impossible if prices go up. My advice is to make plan and stick to it knowing you will sell eventually. Be careful and wise with your decisions as market can be unpredictable. I believe in Bitcoin future so I have set aside some for long term holding. And I will wait for 100k+ so I believe that Bitcoin will achieve this target soon.

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