Hold bitcoin long Enough and you are most definitely safe

[Die_empty]

What you're saying is very important. Having BTC on an exchange or platform is dangerous because it's ours, but at the same time, it's not. As the saying goes, "if they're not your keys, they're not your coins." There's nothing better than keeping our BTC safe in our own wallet, managing our private keys.

Hodling BTC is the best, as long as things are done correctly, such as tracking, buying regularly whenever possible, and maintaining discipline. That's why the DCA method is the best option because it already establishes a habit.

The advice of keeping your Bitcoin in an open-source non-custodial wallet might not be complete. The Coldcard hardware wallet hack is an example. We need to go further to constantly check the safety of these wallets by reading reviews by reputable Bitcoiners.

Those who want to make quick money from Bitcoin will be very disappointed by the market conditions. But for those who have a long-term goal, the bear season is the best time to keep accumulating.

[Patikno]

Most probably it’s too hard to make money from Bitcoin unless you hold it quite a bit longer. Big investors may make money from the trading as well, but as a small investor, it’s hard without holding. When we look at the Bitcoin chart, then it’s pretty easy to realize at which point Bitcoin will give you profits.

So we should have enough patience if we want to invest in Bitcoin. Otherwise, if you become panicked, then you may not hold on longer. From my experience, I can’t see Bitcoin giving good profits in the short term. Also, we need to know when we should sell Bitcoin and until when we need to hold.

In reality, Bitcoin doesn't generate massive overnight profits; most investors who have succeeded did so by holding onto their Bitcoin for the long term. I have never seen anyone make huge gains from Bitcoin in just a short period. Ultimately, those who are patient enough to wait for returns are the winners, and I think it is a concept often summed up by the phrase "holders are winners".

When it comes to the patience required for Bitcoin investment; I think it is essential to use funds that you can truly afford to lock away for the long haul, or money that won't be touched until the investment becomes profitable. Therefore, the best approach is to invest money specifically earmarked for future savings. By the way, I consider saving in Bitcoin is superior; than keeping money in a bank, or an insurance plan, because Bitcoin doesn't come with the complex rules, or restrictive terms imposed by such institutions.

[RockBell]

In reality, Bitcoin doesn't generate massive overnight profits; most investors who have succeeded did so by holding onto their Bitcoin for the long term. I have never seen anyone make huge gains from Bitcoin in just a short period. Ultimately, those who are patient enough to wait for returns are the winners, and I think it is a concept often summed up by the phrase "holders are winners".

It might happen overnight, but this is something that will undoubtedly happen, so there are things we can do when it comes to investing in bitcoin, and one of those things is quantity. If you want to enjoy a good profit from bitcoin, you have to have a good quantity and be prepared to wait until the coin appreciates because that is when you will make profit because most people struggle with patience. very plane holders are winners actually because you dont wait you dont win.

When it comes to the patience required for Bitcoin investment; I think it is essential to use funds that you can truly afford to lock away for the long haul, or money that won't be touched until the investment becomes profitable. Therefore, the best approach is to invest money specifically earmarked for future savings. By the way, I consider saving in Bitcoin is superior; than keeping money in a bank, or an insurance plan, because Bitcoin doesn't come with the complex rules, or restrictive terms imposed by such institutions.

and the way things are going, we have to be prepared to comprehend the reality. People's issue is that they don't want to wait, but the circumstances make it difficult for them to do so. For this reason, you need emergency funds while you're waiting, and once everything is in order, you won't be as concerned about wanting to sell because that's what drives people to sell in order to make a profit. and if it is about saving then it is better to save the money in bitcoin than saving it in fiat.

[puloweh555]

What you're saying is very important. Having BTC on an exchange or platform is dangerous because it's ours, but at the same time, it's not. As the saying goes, "if they're not your keys, they're not your coins." There's nothing better than keeping our BTC safe in our own wallet, managing our private keys.

Hodling BTC is the best, as long as things are done correctly, such as tracking, buying regularly whenever possible, and maintaining discipline. That's why the DCA method is the best option because it already establishes a habit.

The advice of keeping your Bitcoin in an open-source non-custodial wallet might not be complete. The Coldcard hardware wallet hack is an example. We need to go further to constantly check the safety of these wallets by reading reviews by reputable Bitcoiners.

Those who want to make quick money from Bitcoin will be very disappointed by the market conditions. But for those who have a long-term goal, the bear season is the best time to keep accumulating.

Absolutely. The case that happened with Coldcard should be a valuable lesson for all of us, especially if our goal is to store bitcoin for the long term. The most important thing to pay attention to is wallet security because if you make a mistake in storing your wallet losing your assets can be very painful, especially in large amounts. 

So you need to have a strong mindset regarding wallet security by continuously following the principle 'Not your keys, not your coins,' which should remain a rule you rely on for long term goals, even for the short term. Storing in a non custodial wallet is indeed the right choice, but you still need to research on your own choose wallets that are community verified, and stay updated on the latest security reviews. DCA combined with disciplined HODLing is the most effective strategy, especially in a bear market and it’s really the most sensible approach we should take.

[Son Of Blockchain (SOB)]

Absolutely. The case that happened with Coldcard should be a valuable lesson for all of us, especially if our goal is to store bitcoin for the long term. The most important thing to pay attention to is wallet security because if you make a mistake in storing your wallet losing your assets can be very painful, especially in large amounts. 

Yes it a lesson that proves that holding long enough in a wallet that's not very safe is a good as having nothing, for the case of the victims, it wasn't their fault cause they felt the wallet was safe since it's a self-custody wallet, although they were the scapegoat but it's made everyone also realise that a self-custody wallet with extra protection is better.
 Atleast people would now see reasons why security is very important in Bitcoin holdingt, many who never cared to be enlightened would be force to learn how secure their coins and others who used a coldcard type wallet would migrate to a safer one.

[Zaka1221]

Past performance does not guarantee future results. The BTC price bottom is higher at the current year mostly due to mass adoption among institutional investors and active HODLing by the crypto whales. I'm happy that the Bitcoin price is somewhat stable and it doesn't fall below sixty thousand dollars, but nothing is guaranteed and the price can still drop down to 50K, which won't be a bad thing(cheaper BTC to buy).
Safety depends of what you consider to be "losses". If the Bitcoin price stays in the current range, while the annual USD inflation is somewhere around 4-7% you are losing money. However, the BTC price might go back to 100K in the next 2 years and your losses might be compensated.

Recently, mass adoption by big institutes brought stability in bitcoin price, but still a few things are negative because with mass adoption, now small investors profits are reduced near the lowest level; they have nothing while big whales are enjoying good due to their huge investments and having enough stuff.
People who have the ability to keep bitcoin for the long term also have a good chance of taking profit, but still, it depends; due to recent activities, things are looking positive, and the price can stay around $60K to $63K. It's a good change; safety is always a problem because things have never been balanced due to the recent cold card issue. People are having more concerns about things that they were feeling good about. Hardware wallets were always a priority for many because they had good confidence that maybe things would be favorable, but they always needed to be cautious about their wallets.

[Questat]

Holding bitcoin for long term without falling on greed, doubt and panic selling, I can assure you that you'll be safe. But I can't guarantee that you won't be emotional along the way especially when the market is against with your actions and decisions. A lot of bitcoin investors are firm at the beginning but lost their real intention and focus in the long run because of emotions, so they end up losing their investment.

[LUCKMCFLY]

Holding bitcoin for long term without falling on greed, doubt and panic selling, I can assure you that you'll be safe. But I can't guarantee that you won't be emotional along the way especially when the market is against with your actions and decisions. A lot of bitcoin investors are firm at the beginning but lost their real intention and focus in the long run because of emotions, so they end up losing their investment.

You're right, that's why a very good recommendation is to educate yourself, not only about BTC, its technology, and everything related to blockchain, but also to improve your financial literacy.

Investing in any asset/currency should be seen as the ability to accumulate more and more of that asset, monitoring and growing the investment.

With BTC, the risk of losing money is very low. It depends on the investor whether they want to withdraw their money without profit. A smart investor not only buys BTC but also takes advantage of dips and corrections to buy even more and actively applies the DCA method to ensure the best investment of their life.

[Rgram]

A long-term hold is generally recommended for anyone looking to secure profits, compared to holding for the short term. However, as others have said, we shouldn't be overconfident that it's completely safe, as any investment carries its own risks, and people need to consider these risks before investing their money.

What’s are the possible risks that can be associated with holding for a long term I wonder…

Would that be the Cold Card case or the possibility of Bitcoin being obsolete?
Or perhaps we would have to be wondering what quantum computers would bring to the space as it concerns private keys, using the Cold Card case as a reference point.

I don’t think long term holders face a lot of risk or challenges with holding other than panic selling and not being able to remain patient. Bitcoin is a relatively safe asset when held for a long time.

[Floxynice]

A long-term hold is generally recommended for anyone looking to secure profits, compared to holding for the short term. However, as others have said, we shouldn't be overconfident that it's completely safe, as any investment carries its own risks, and people need to consider these risks before investing their money.

What’s are the possible risks that can be associated with holding for a long term I wonder…

Would that be the Cold Card case or the possibility of Bitcoin being obsolete?
Or perhaps we would have to be wondering what quantum computers would bring to the space as it concerns private keys, using the Cold Card case as a reference point.

I don’t think long term holders face a lot of risk or challenges with holding other than panic selling and not being able to remain patient. Bitcoin is a relatively safe asset when held for a long time.

Another risk could be planning to hold your bitcoins for say 5 years+ and somehow by the end of the 5 years when you decide to withdraw, volatility has hit bitcoin badly that the price of bitcoin is too low and you can barely take profits from years of patience and commitment.

How about having your bitcoin stolen? That is years of patience.  The coldcard case is still very fresh in our hearts.

Bitcoin is risky.  Whether you are a short term holder or a long term holder. Every single bitcoiner should have in mind that anything can happen, but they should be careful with their actions so that the mistake that will lead to the loss of their bitcoins does not come as a result of an error from them.

[r_victory]

Despite Bitcoin's impressive performance since its inception, I don't think we can say that holding it will "definitively" keep us safe. Nothing is unshakeable; other alternatives may emerge and negatively impact BTC. Hold it, but don't cling exclusively to it; diversify. How long is enough? How do we know?

[Yorubasrm]

To those who find business or investment hard to understand and confusing knowledge of this can be an easy explanation why they should search on bitcoin.

Researching Bitcoin is applicable to them, Bitcoin can never give a hundred per cent guarantee of profit. In the context of the history that has been written from the beginning of Bitcoin until now, the popularity of investing in Bitcoin has increased. According to what you said, do you think moving towards investing in Bitcoin like this, by leaving business is better than business?

[Solodoski]

I have always advocated that one of the best way to make profit in bitcoin investment is by accumulating and holding for a long time, it's also of less risk as long as your bitcoin is well protected. The idea of holding bitcoin for a long time removes every form of panic in the investor, because they really don't care of the price drops or increases. It's even an advantage for you to accumulate more when the price drops and you keep holding until you feel it's the right time to sell. Like I mentioned earlier,  it's very hard to not make good profit of you hold your bitcoin for a long time and it also reduces risk in your investment.

[Baki202]

I have always advocated that one of the best way to make profit in bitcoin investment is by accumulating and holding for a long time, it's also of less risk as long as your bitcoin is well protected. The idea of holding bitcoin for a long time removes every form of panic in the investor, because they really don't care of the price drops or increases. It's even an advantage for you to accumulate more when the price drops and you keep holding until you feel it's the right time to sell. Like I mentioned earlier,  it's very hard to not make good profit of you hold your bitcoin for a long time and it also reduces risk in your investment.

Finding a way to accumulate should always be your goal when you hold, since that is the only way you can generate money when you are adding to what you already have. We need to find a means to accumulate. There are a number of ways to do this, particularly when it comes to accumulation, and one of them is for you to use the DCA approach since, in my opinion, having a source of income is preferable.

Many people still find it difficult to comprehend that things are not going well at all because, at this point, doing your own research should not be a problem. You will be able to perform better when it starts, and when you have knowledge, you should have direction because what you learned is what will give you direction. And that is why everyone would advise you to pursue knowledge because it will make things better. And that is why, first and foremost, you should pursue knowledge.

[iBaba]

Holding bitcoin for long term without falling on greed, doubt and panic selling, I can assure you that you'll be safe. But I can't guarantee that you won't be emotional along the way especially when the market is against with your actions and decisions. A lot of bitcoin investors are firm at the beginning but lost their real intention and focus in the long run because of emotions, so they end up losing their investment.

As humans we can not completely remove emotion from investment, but you can learn how to control it if you have a plan and stick to it will make long term holding easier. If you have a clear plan before investing will help a lot, you should know why you are holding and how much you can invest even what to do when there is a major drop in the market, it will be less likely for you to panic or make rushed decisions.

So it is easy to feel confident when the market is going up but that confidence can disappear anytime the price start falling, emotions can really be one of the biggest challenges when holding bitcoin for long term.

[red4slash]

I have been of the belief that when you hold bitcoin for a good while you are not in serious risk of losses. That’s why I agreed when I was sent this https://www.instagram.com/p/DbV2zsmILfm/?igsh=eTVpdTMxdGdtajc4.

Safe in terms of storage of value I agree on this but not necessarily safe in terms of hacking theft and much more that makes our bitcoins disappear.

For the storage of value, especially when talking about risk, there is no denying that this can reduce the impact of risk even in terms of volatility (for our investment value, not market volume), this will obviously be very profitable but when talking about security in terms of hacking, it will be a different story.
From the case of Coldcard some time ago this should be a lot of learning for us because it is not only the risk of volatility and price that is considered when in bitcoin but doing security in terms of seed wallet or wallet selection is also an important factor for us because if in the end we want to feel comfortable then this should be the initial focus for us.
Sometimes we only focus on the price when talking about bitcoin but we ignore where we store our assets.

[Sunshine1525]

As humans we can not completely remove emotion from investment, but you can learn how to control it if you have a plan and stick to it will make long term holding easier. If you have a clear plan before investing will help a lot, you should know why you are holding and how much you can invest even what to do when there is a major drop in the market, it will be less likely for you to panic or make rushed decisions.

So it is easy to feel confident when the market is going up but that confidence can disappear anytime the price start falling, emotions can really be one of the biggest challenges when holding bitcoin for long term.

One of the reasons why people feel that bitcoin is risky is cause of volatility which makes them emotional but it can be managed through the DCA strategy which helps control the stress of market timing, take away emotions through consistent buying and give people the advantage of buying at different prices due to consistency.

DCA aside, long term investors should learn to control their emotions knowing that Bitcoin is futuristic, they should have the conviction that even if it drops, it would still recover and go higher in the future, without conviction they'll easily be moved by emotions to do the wrong thing.

[Agathamay]

I have been of the belief that when you hold bitcoin for a good while you are not in serious risk of losses. That’s why I agreed when I was sent this https://www.instagram.com/p/DbV2zsmILfm/?igsh=eTVpdTMxdGdtajc4.

Before anything, this is not a thread to use and decide you financial actions, you can use it to provoke the thoughts and inject desire to research.

In the instagram post you see the progressive profits bitcoin holders are making as we go back in time, numbers don’t lie and statistically the numbers has proven that bitcoin is a timeless asset that never disappoint as it ages in your possession.

To express further, in 2021 bitcoin lowest was around $29,000 and it 2024 bitcoin lowest was around $40,000. We have only used the lowest between both years as an example.

To those who find business or investment hard to understand and confusing knowledge of this can be an easy explanation why they should search on bitcoin.

Bitcoin always
At this point, we don't need to still be advocating for bitcoin because it has already done all the promotions needed of it and everyone and anyone who believes in the coin, will always want to seize the opportunity to invest in it.
At this point, we have differs reasons why people might not be able to invest in bitcoin and that's understandable but I don't want to believe that, there's any tangible reason why anyone who knows about bitcoin is not investing except they don't have the money to invest or even DCA

[Nothingtodo]

If you can ensure the security of your wallet, then there is no risk in holding your Bitcoin for a long time. If you secure your wallet and hold your Bitcoin for another 10 years from now, then I can definitely say that you will get several times more profit than the current time. But if you hold Bitcoin but you cannot ensure the security of your Bitcoin wallet, then if you invest now and hold it and after a few days your Bitcoin becomes compromised, then it is pointless to decide to hold it for a long time.

It should be remembered that the Bitcoin market should not be considered completely risk-free because it should be assumed that there is as much risk as it is possible to think of getting more profit.

[Solokan]

Holding btc for a long time is indeed a good thing, and it has been proven that many people have succeeded by holding BTC for the long term. However, many people experience losses in BTC because they don't hold BTC for the long term and sell it when the price drops. Unfortunately, many people still don't understand this. Because you've created this topic, hopefully, many people who are still new to btc will realize that long-term investing is a good thing

Yes, investing in BTC for the long term or holding BTC for a long time is very easy Just hold btc for a long time and in the future, we have the potential to make large profits. However, we must also be prepared for the risks of investing in BTC, as investing in btc certainly carries risks