How long do you expect to hold ur bitcoin?

[Cryptomultiplier]

This is actually not for everyone here because many people believe that when they invest on bitcoin they want immediate results in the next few minutes without them having that sene of reasoning that bitcoin is something that respects season and period, what I meant is that we have bear markets and we have bull markets all these also attribute to growth of the market but that doesn’t mean that we should be that loose without knowing the time to sell or buy back. Currently there are people who are panicking for the bitcoin price to increase to the previous ATH or above but without having it mind that the market always have when to push higher or lower as a good bitcoin investor you should be able to hold back your investment for some decades depending on your investment strategy, some love short term while some people love long term investment just to make sure they have reached their target.

When you look at the market what comes into your mind currently? As I have understood the price is around 78k without having that potential to cross the border between 80-90k and when this is broken we can rest assured we are into bull run but currently it’s on unpredictable zone where you would never know whether is increasing or decreasing. What do you think about it!

I have been having a different thought recently as concerns this question, because I don't believe this is the first time we have read several comments on the different versions of what people think when such a topic is being brought up.

I used to believe holding BTC by DCA or even lump sum strategy for maybe up to a decade is the best way to hold BTC, but recently like I said, I begin to think that the key to holding BTC is to know exactly what you intend to use the BTC for.

If it is meant for wealth purposes, it's good for a ten year duration but with how much you have in mind.
If it is for diversification purposes, know the price it would cost in Sats and hold for the duration.
If it is for buying that beautiful thing you desire, know the price in Sats and you know exactly when it would be cheaper to afford and then hold your BTC till then, no matter how long it takes, just to buy it then.

The bottom line, know the price in Sats before determining the time duration it would take to achieve it.

[Fivestar4everMVP]

This is actually not for everyone here because many people believe that when they invest on bitcoin they want immediate results in the next few minutes without them having that sene of reasoning that bitcoin is something that respects season and period, what I meant is that we have bear markets and we have bull markets all these also attribute to growth of the market but that doesn’t mean that we should be that loose without knowing the time to sell or buy back. Currently there are people who are panicking for the bitcoin price to increase to the previous ATH or above but without having it mind that the market always have when to push higher or lower as a good bitcoin investor you should be able to hold back your investment for some decades depending on your investment strategy, some love short term while some people love long term investment just to make sure they have reached their target.

When you look at the market what comes into your mind currently? As I have understood the price is around 78k without having that potential to cross the border between 80-90k and when this is broken we can rest assured we are into bull run but currently it’s on unpredictable zone where you would never know whether is increasing or decreasing. What do you think about it!

There used to be a time when it was very possible to invest in bitcoin and make very good profit in the short term, but that have completely changed wit that success that have come to bitcoin and how popular the crypto currency have become, unfortunately, many people, especially the low income earners who have never been involved in any investment before don't understand the criteria to being a successful investor.

Investing in bitcoin now will require the investor to have to wait for years, and this is something I think every one coming to invest in bitcoin should know before making any decisions, because some people are quick to jump on bitcoin investment but the moment they are hit with a small financial problem, they rush to sell the bitcoin at a loss, and later turn around to refer to bitcoin investment as a scam.

[fredericktaylor]

Crossing 80–90k doesn’t mean a bull market. You can’t accurately predict the market, It can reach that particular point and still bounce back even harder, so don’t think a bull market is likely to show up anytime soon. If it does, fine! Maybe for those who feel like taking profit, that could be really interesting to them.

Someone in the accumulation stage shouldn’t be too focused on the price for now. Just make sure you’re using every opportunity to increase your stash.

In reality, Bitcoin is a volatile currency that fluctuates rapidly, so it is very difficult and challenging to accurately predict market movements. It is true that it is wise to take advantage of every opportunity, it is normal for Bitcoin to rise and fall. If you expect to make long-term profits from Bitcoin, you must consistently buy Bitcoin with a long-term plan and hold Bitcoin with confidence during market volatility and wait patiently for the right time, which can lead to success in the future. I think that a decrease in the price of Bitcoin means a new opportunity for investment, so it is wise not to get discouraged, but to buy more Bitcoin with confidence and wait patiently for a better time.

[Adams0001]

Bitcoin is actually a long term investment and that's what a lot of people fail to realize, short investments doesn't really yield significant results. For you to gain something significant from Bitcoin you must invest and keep it running for at least 5 years and above or slightly less than that depending on your investment plan. Investing in Bitcoin for quick returns isn't going to make you profit much from it. One major problem with a lot of investors is that they lack patience and without this it is impossible to invest in Bitcoin, those without patience sell their coins during a dip instead of waiting until the market increases again.

People that think investing in bitcoin will give you fast money does People don't understand how bitcoin moves. But anyone that understand bitcoin better will knows that bitcoin is not something that will give you fast money you need to be patient enough before you can achieve your goal in it. Some don't have specific time of selling there coin they sell when they're in profit and some sell when they have some problems to solve. But the real investors always wait for there target before they sell there coin or get huge amount.

As a investors you can't just be selling in a lose you need to have profit before you sell your coin so that you will get the benefit not selling in lose. But many people are scared to lose there funds so anytime bitcoin price drop they start checking thinking they can lose everything and bitcoin is not like other coin that if he drop he won't raise again.

[Creeper0]

There has been no major movement in Bitcoin in recent times. However, the price of Bitcoin is gradually increasing. I cannot say that Bitcoin is in a bullish market yet, rather the Bitcoin market is still in a downward trend. I will wait for at least $100k to cross the price to call Bitcoin bullish again. It may take time for Bitcoin to achieve this price, we cannot expect to reach this price very soon. Since Bitcoin is very unpredictable, it is not surprising to encounter unexpected events.

[ejikeme24]

Some don't have specific time of selling there coin they sell when they're in profit and some sell when they have some problems to solve. But the real investors always wait for there target before they sell there coin or get huge amount.

This remind of this saying that " many are called but few are chosen" you don't expect everyone to be doing the same thing and there's no way everybody will stick to one thing. And of course everybody have the right to treat their investment however they like, And you should know that some are just doing it in form of savings maybe for a little longer instead of saving in the bank so this set of people is likely to pull out their investment whenever they like especially when they see that they are in profit of course some are only interested in the Short term due to lack of patient but I will advice those who are going for Long term to keep it up as that is the right way to approach bitcoin investment.

[Agbam]

When you look at the market what comes into your mind currently? As I have understood the price is around 78k without having that potential to cross the border between 80-90k and when this is broken we can rest assured we are into bull run but currently it’s on unpredictable zone where you would never know whether is increasing or decreasing. What do you think about it!

Hmm when you say doesn’t have the potential to cross the 80-90k mark it makes me wonder if you truly know what you’re talking about. Bitcoin will beat that mark and do more ATHs. You can predict it but you can have an idea of where it’s going to in the long term.

To answer your question in the topic, I expect to hold bitcoin for a minimum of four years and maximum for as long as I live. Bitcoin is a good store of value and a path to financial freedom/independence.

[Jubilee58]

Am just a long term investor, I realize making profit from bitcoin investment is not as easy as some people think, you must be patient, and disciplined with your investment. Unlike the daily traders who try to analyze bitcoin daily movement, and how they can benefit from it. This traders look for short term profit which makes them to be highly vulnerable to loosing their money. When you hold bitcoin for long term, the risk of loosing money is highly minimized, and holding it for decades can guarantees significant return of investment.

[Fiasem20]

This is where the role of “price fluctuation” comes to plays.Nobody can actually predict an accurate price of bitcoin,though it can be speculated but most times speculations are wrong.Currently,I just checked the price of bitcoin and it’s 76k,nobody knows what the price would look like next week,it may increase or decrease.How long an investor is expected to hold their coins depends on their target,not all investors are long term investors most investors prefer investing for the short term.You might decide to hold your bitcoin in 2 years,for the fact that you have a financial target/goal that makes you an investor.

[Out of mind]

When you look at the market what comes into your mind currently? As I have understood the price is around 78k without having that potential to cross the border between 80-90k and when this is broken we can rest assured we are into bull run but currently it’s on unpredictable zone where you would never know whether is increasing or decreasing. What do you think about it!

At present, we can see that the market is moving towards a decline again, although the market has been trending upwards for a while. At the moment, the market is in the $76k range, in which case many people will plan to buy Bitcoin from here, although many of us thought that the market might go closer to $90k. If it crosses the $90k mark, then we can definitely call it a bullish market, but the market has been in a bit of a decline for the past few days. However, since the market has moved between $82k and $76k, I think it may be a temporary decline and it is more likely to return to its previous position. If the Bitcoin market is above $85k this month, then we can expect the market to cross $90k. I think the market will not fall much, but it is more likely to cross higher again.

[Agbe]

The time of harvest on bitcoin investment is depending on the time the investor cultivated on bitcoin. If the person invested when the price been dey low well well and now e don go up. Nd him don see profit inside, him go fit harvest am but if him wan leave for another time no wahala. And if him invest when do price been dey high as of 2024 and early 2025. Him no go fit sell am now but to wait patiently until di price go above him buying price. Me I like di 5 years minimum plan.

[Tungbulu]

There has been no major movement in Bitcoin in recent times. However, the price of Bitcoin is gradually increasing. I cannot say that Bitcoin is in a bullish market yet, rather the Bitcoin market is still in a downward trend. I will wait for at least $100k to cross the price to call Bitcoin bullish again. It may take time for Bitcoin to achieve this price, we cannot expect to reach this price very soon. Since Bitcoin is very unpredictable, it is not surprising to encounter unexpected events.

And what makes you so sure that we cannot reach or see over $100k very soon? Yeah Bitcoin might seem to be stuck in a particular spot and may appear not to be doing much lately, but no one knows for sure how long it’ll take before it’ll surge.
I still remember some months ago when Bitcoin was still struggling around $60k-ish and almost dropping to $50k, in fact many even speculated that it’s gonna be the biggest dip we’ve seen since Covid, but look where we are now. I don’t know but I’m pretty optimistic and confident that in no time, we might just be seeing $100k.