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Author Topic: Invest & Hodl Bitcoin!!  (Read 21693 times)

Online Jamal Aezaz

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Re: Invest & Hodl Bitcoin!!
« Reply #315 on: May 23, 2024, 08:47:21 PM »
Completely agree! now is the best time to invest in BTC and other altcoins (in preparation for altcoin season), the market should start taking off in the second half of the year. Buying and HODLing on to your BTC is definitely a smart choice.

There is no uncertainty that Bitcoin is a good coin for long term investment but I think if someone is buying it now then they will wait more for their profit while those who already have made Investment are now in profit so they have a choice whether they hold it longer or take their profit.

Anytime you can buy bitcoin because the price goes more favorable than past but the time of holding will matter for you and if numerous individuals are selling their bitcoin then you cannot do this because your target should be more as your buying worth is higher.

Anyone can still buy altcoins and Bitcoins but they should fix their target and should wait until that time and plan for your investment as well as applying the strategies regularly where needed.
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Re: Invest & Hodl Bitcoin!!
« Reply #315 on: May 23, 2024, 08:47:21 PM »

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Re: Invest & Hodl Bitcoin!!
« Reply #316 on: May 23, 2024, 11:52:57 PM »
Yes, if we only have $100-200, we should buy altcoins, as mentioned above, Solana and BNB are good choices, because they are not as expensive as bitcoin. I don't really like ethereum, because everyone has their own priority coins
Why we should buy altcoins? Investing in Bitcoin is no problem. With $100-$200, it is possible to buy some Bitcoin even if it will be small number of Bitcoin. Just continue to buy Bitcoin with $100-$200 every month, it will be big number of Bitcoin after 3-4 years. Anyway, if $100-$200 is maximum funds to have in a year, I agree if we are better to buy altcoins with cheap prices. MATIC is one of the example of altcoins with cheap price. I don't think it will be good to buy BNB or SOL, they are quite expensive.


Offline $crypto$

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Re: Invest & Hodl Bitcoin!!
« Reply #317 on: May 24, 2024, 07:05:27 PM »
Yes indeed for coins that have very high trust they are coins worth holding, but for certain coins like you said with coins that only rely on hype, even I would think again about investing in them.

I will keep the risk as small as possible, and I will make better use of every money I have to invest in coins that are truly trusted. So it will reduce my risk in investing. It's all in our choice, it depends on each of us.
That's right, it's all about each person's style of earning their money. We cannot force a day trader who has proven successful to force them to learn long-term investing. And vice versa... I think everyone's comfort level and talent is different, so that's what makes us all unique when it comes to choosing our strategy in the world of cryptocurrency.

The world is so big, it would be foolish to force my preference for long-term trading on everyone.
What you say is very correct, perhaps those who have been successful with daily trading will not want to hold it in the long term, and those who are not successful will not take such a big risk to switch to daily trading.

Comfort is closely related to self-confidence, because when people are comfortable with what they do, self-confidence can form by itself. And this will greatly influence what we do.

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Re: Invest & Hodl Bitcoin!!
« Reply #318 on: May 24, 2024, 07:46:17 PM »
I basically like hold, because bitcoin hold has to be long term. The longer you can hold, the more you can earn, if you look back ten years, Bitcoin was at a very low price.  But now the price of Bitcoin has rained so much that it is the highest for everyone, but I think holding it for the long term will give you the most benefit.

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Re: Invest & Hodl Bitcoin!!
« Reply #319 on: May 24, 2024, 09:36:49 PM »
I basically like hold, because bitcoin hold has to be long term. The longer you can hold, the more you can earn, if you look back ten years, Bitcoin was at a very low price.  But now the price of Bitcoin has rained so much that it is the highest for everyone, but I think holding it for the long term will give you the most benefit.
I agree with you, judging from your interest in Bitcoin, of course you have a lot of money and are among those who have been in the crypto world for a long time why do I say that because people who want to feel a big profit from Bitcoin should have a lot of money like the global elite who are now playing with Ethereum

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Re: Invest & Hodl Bitcoin!!
« Reply #320 on: May 24, 2024, 10:45:11 PM »
I basically like hold, because bitcoin hold has to be long term. The longer you can hold, the more you can earn, if you look back ten years, Bitcoin was at a very low price.  But now the price of Bitcoin has rained so much that it is the highest for everyone, but I think holding it for the long term will give you the most benefit.
Bitcoin is mostly to hold for a long time but some people hold it for a short time. I think there is no problem if you want to hold for few months or 1 year only. If it is enough to gain suitable profits, it is okay to sell the Bitcoin. I usually holding Bitcoin for 3-4 years, I never hold a longer time. So, we are free to hold Bitcoin for a long term or a short term. As long as it can be profitable, it is good to take profits although it is not very long time yet.

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Offline SmartGold01

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Re: Invest & Hodl Bitcoin!!
« Reply #321 on: May 24, 2024, 11:11:22 PM »
I basically like hold, because bitcoin hold has to be long term. The longer you can hold, the more you can earn, if you look back ten years, Bitcoin was at a very low price.  But now the price of Bitcoin has rained so much that it is the highest for everyone, but I think holding it for the long term will give you the most benefit.
Bitcoin is mostly to hold for a long time but some people hold it for a short time. I think there is no problem if you want to hold for few months or 1 year only. If it is enough to gain suitable profits, it is okay to sell the Bitcoin. I usually holding Bitcoin for 3-4 years, I never hold a longer time. So, we are free to hold Bitcoin for a long term or a short term. As long as it can be profitable, it is good to take profits although it is not very long time yet.
to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.

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Re: Invest & Hodl Bitcoin!!
« Reply #321 on: May 24, 2024, 11:11:22 PM »


Offline dekafee79

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Re: Invest & Hodl Bitcoin!!
« Reply #322 on: May 25, 2024, 03:23:24 PM »
I basically like hold, because bitcoin hold has to be long term. The longer you can hold, the more you can earn, if you look back ten years, Bitcoin was at a very low price.  But now the price of Bitcoin has rained so much that it is the highest for everyone, but I think holding it for the long term will give you the most benefit.
Bitcoin is mostly to hold for a long time but some people hold it for a short time. I think there is no problem if you want to hold for few months or 1 year only. If it is enough to gain suitable profits, it is okay to sell the Bitcoin. I usually holding Bitcoin for 3-4 years, I never hold a longer time. So, we are free to hold Bitcoin for a long term or a short term. As long as it can be profitable, it is good to take profits although it is not very long time yet.
to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.
My advice is to wait for a correction and then buy some potential altcoins and hold for the long term. I think this is the best step that can be taken right now. because it is not easy to read market movements.

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Re: Invest & Hodl Bitcoin!!
« Reply #323 on: May 25, 2024, 07:19:14 PM »
I basically like hold, because bitcoin hold has to be long term. The longer you can hold, the more you can earn, if you look back ten years, Bitcoin was at a very low price.  But now the price of Bitcoin has rained so much that it is the highest for everyone, but I think holding it for the long term will give you the most benefit.
Bitcoin is mostly to hold for a long time but some people hold it for a short time. I think there is no problem if you want to hold for few months or 1 year only. If it is enough to gain suitable profits, it is okay to sell the Bitcoin. I usually holding Bitcoin for 3-4 years, I never hold a longer time. So, we are free to hold Bitcoin for a long term or a short term. As long as it can be profitable, it is good to take profits although it is not very long time yet.
to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.
My advice is to wait for a correction and then buy some potential altcoins and hold for the long term. I think this is the best step that can be taken right now. because it is not easy to read market movements.

Market is always hard to predicts because its unstable movement and if venturing into the market without holding proper coin could easily leads to heavy lost, so invest in good coin such as Bitcoin or Ethereum and other reputable coin.

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Re: Invest & Hodl Bitcoin!!
« Reply #324 on: May 26, 2024, 11:42:47 AM »

Market is always hard to predicts because its unstable movement and if venturing into the market without holding proper coin could easily leads to heavy lost, so invest in good coin such as Bitcoin or Ethereum and other reputable coin.
If you want to hold for the long term, of course we can buy bitcoin and ethereum for the long term. It could be 2 or 3 years but buy during the bearish season when prices are not yet high. But if we invest in median and short, we can choose other top coins such as BNB and Solana

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Re: Invest & Hodl Bitcoin!!
« Reply #325 on: May 26, 2024, 01:11:14 PM »
Everyone has a different analysis about the crypto market, I agree with you, we can take profits when we reach the target and hold some of it just in case the price turns out to rise even higher. This is what I'm doing currently. so I also still plan to buy some potential altcoins.
That's right. In no way am I trying to impose my point of view on anyone. Everyone makes any financial decisions solely on their own.

P.S. Today one market situation is one thing, tomorrow it will be completely different. The main thing is not to forget about risk management, + try to diversify the purchased assets. The most patient investors - still get results, nowhere without it!  8)
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Offline Primo1760

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Re: Invest & Hodl Bitcoin!!
« Reply #326 on: May 26, 2024, 02:35:51 PM »
Yes, if we only have $100-200, we should buy altcoins, as mentioned above, Solana and BNB are good choices, because they are not as expensive as bitcoin. I don't really like ethereum, because everyone has their own priority coins
Why we should buy altcoins? Investing in Bitcoin is no problem. With $100-$200, it is possible to buy some Bitcoin even if it will be small number of Bitcoin. Just continue to buy Bitcoin with $100-$200 every month, it will be big number of Bitcoin after 3-4 years. Anyway, if $100-$200 is maximum funds to have in a year, I agree if we are better to buy altcoins with cheap prices. MATIC is one of the example of altcoins with cheap price. I don't think it will be good to buy BNB or SOL, they are quite expensive.
Polygon matic is very cheap but I don't see a very good future for it. Many people who have invested in polygon matic are now in despair. But BNB and Solana coins have a bright future even though they are overpriced. But if bitcoin is the best investment buy and hold bitcoin I think there is no better investment. Whatever you do invest in Bitcoin first then plan to invest in something else. Bitcoin is a currency that doesn't follow anyone else's path Bitcoin moves at its own pace.

 

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