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Author Topic: Holding Bitcoin for long-term is risky?  (Read 11382 times)

Offline Muneeb22

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Re: Holding Bitcoin for long-term is risky?
« Reply #90 on: December 26, 2023, 01:27:33 PM »
This is not risky you hold your BTC for the long term because if you hold your BTC for the long term it will be good for you and you can make good money through this because day by day the BTC price goes high, and the investors limit is increased and the peoples will start to invest in this market day by day.
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Re: Holding Bitcoin for long-term is risky?
« Reply #90 on: December 26, 2023, 01:27:33 PM »

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Offline masudginanjar

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Re: Holding Bitcoin for long-term is risky?
« Reply #91 on: December 27, 2023, 10:04:10 AM »
Bitcoin has superior advantages over other cryptocurrencies and Bitcoin has been tested since it was first created, namely 2009, everyone who has ever owned Bitcoin regrets it if they sell it for less than 100 USD.
This is sufficient proof for us if we buy Bitcoin for the long term and there is no need to doubt that Bitcoin has many communities and the number 1 coin on Coinmarketcap.
Maybe now, we have to prepare a lot of money to buy Bitcoin because just one Bitcoin costs more than 40,000 USD.
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Offline Cheema02

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Re: Holding Bitcoin for long-term is risky?
« Reply #92 on: December 27, 2023, 12:14:50 PM »
I think Holding Bitcoin for a long time is not risky, but there might be less profit if i don't do trade.. So, to make a good profit from BTC we must do the short-term trade as well.

What do you think?
I think hold bitocin is very good investment that you are made but a very low risk of price dump. In my opinion Holding bitcoin for the long term is very good investment that keep the and increased the value of your time and money in future.

Offline Condorlaib

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Re: Holding Bitcoin for long-term is risky?
« Reply #93 on: December 27, 2023, 12:26:12 PM »
I think Holding Bitcoin for a long time is not risky, but there might be less profit if i don't do trade.. So, to make a good profit from BTC we must do the short-term trade as well.

What do you think?
I think hold bitocin is very good investment that you are made but a very low risk of price dump. In my opinion Holding bitcoin for the long term is very good investment that keep the and increased the value of your time and money in future.
If you want a measured investment without unnecessary stress on your nerves, then Bitcoin is what you need. But there are other assets with a higher rate of return.

Offline Geey

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Re: Holding Bitcoin for long-term is risky?
« Reply #94 on: December 27, 2023, 03:33:01 PM »
I think Holding Bitcoin for a long time is not risky, but there might be less profit if i don't do trade.. So, to make a good profit from BTC we must do the short-term trade as well.

What do you think?
In my opinion, bitcoin investment is good for the long term and can also be short term, because the bitcoin market movement is very fast and also bitcoin is the mother of all coins.
let's look at the history of bitcoin from the beginning when the market price was so cheap until now bitcoin is starting to get hot, the price is so big and once reached $50,000
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Offline xSkylarx

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Re: Holding Bitcoin for long-term is risky?
« Reply #95 on: December 27, 2023, 04:29:07 PM »
This is not risky you hold your BTC for the long term because if you hold your BTC for the long term it will be good for you and you can make good money through this because day by day the BTC price goes high, and the investors limit is increased and the peoples will start to invest in this market day by day.

From an investment perspective, yes because you notice that the history of Bitcoin is that its price keeps increasing, so it has a higher probability of gaining profit, but if we talk about security measures it has a risk over time because others may hold it in an exchange or local wallet where you do not own the private key, and also because hackers and scammers are evolving so as time goes by you need to learn more about safeguarding it as well.

Offline Odusko

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Re: Holding Bitcoin for long-term is risky?
« Reply #96 on: December 27, 2023, 05:51:29 PM »
I think Holding Bitcoin for a long time is not risky, but there might be less profit if i don't do trade.. So, to make a good profit from BTC we must do the short-term trade as well.

What do you think?

It depends on how you deal bitcoin. If you trade btc make sure you have even a little profit and let it earn until such time to make it bigger. I think trading is not one day huge profit but it is all about little by little movement.
Short term trade is more risker than holding Bitcoin, especially, if you don't know how the market works! Most people that trade with the coins they hold always end up losing because of risk in trading. If you are trading your Bitcoin and having more win than losing that is great but those I know that has really made money from crypto market are long term holders that also sell at the right time.

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Re: Holding Bitcoin for long-term is risky?
« Reply #96 on: December 27, 2023, 05:51:29 PM »


Offline therozaq

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Re: Holding Bitcoin for long-term is risky?
« Reply #97 on: December 27, 2023, 08:25:42 PM »
Short term trade is more risker than holding Bitcoin, especially, if you don't know how the market works! Most people that trade with the coins they hold always end up losing because of risk in trading. If you are trading your Bitcoin and having more win than losing that is great but those I know that has really made money from crypto market are long term holders that also sell at the right time.

You're right, short is more risky.
But If we have good knowledge and skill to do daily trading , I think we can do.
But If we don't have more time to monitor the market,   I think  hold for long term investment is the best way to do.
Many successful investors  hold bitcoin for long term.
If you hold or have bitcoin at 2009 and hold untill now..
I think You will be the rich man.
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Offline jonathancool220

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Re: Holding Bitcoin for long-term is risky?
« Reply #98 on: December 30, 2023, 02:34:41 PM »
Digital assets definitely have their pluses and minuses because I see that all investments in this world also have pluses and minuses.
For example, investing in buildings, toll roads, hotels, tourism, etc. definitely has its pluses and minuses and I don't know much about it other than that.
Bitcoin in the long term can be dangerous because Bitcoin has a Private Key which can be stolen at any time by anyone or due to careless mistakes we can lose Bitcoin.
In the long term, Bitcoin investment may see the price continue to rise and be unstoppable, but if we are not careful, Bitcoin will simply disappear and be stolen by irresponsible people.

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Re: Holding Bitcoin for long-term is risky?
« Reply #99 on: January 02, 2024, 10:05:38 AM »
Obviously, holding Bitcoin on the long term is not a risk at all, just imagine investors that are holding Bitcoin for the past 10years; as we know, every investors, Holders, traders doing crypto business has their individual's plans and strategies for either on investments, or Holding or trading. There are individual's that are holding to hit certain price targets and these individuals will be patient enough untill their planned targets are accomplished. Some individuals that bought Bitcoin at $30k for instance, may planned to sell at $100k, so are others with various planned targets

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Offline bitbit97

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Re: Holding Bitcoin for long-term is risky?
« Reply #100 on: January 02, 2024, 10:34:02 AM »
Obviously, holding Bitcoin on the long term is not a risk at all, just imagine investors that are holding Bitcoin for the past 10years; as we know, every investors, Holders, traders doing crypto business has their individual's plans and strategies for either on investments, or Holding or trading. There are individual's that are holding to hit certain price targets and these individuals will be patient enough untill their planned targets are accomplished. Some individuals that bought Bitcoin at $30k for instance, may planned to sell at $100k, so are others with various planned targets

Actually there is one risk of holding bitcoin for a long term - you can forget, lose wallets password, or it can be stolen, or something might happen with hardware during long period. There is nothing infinite in the world. Today you are a holder, tomorrow your head hits a brick and you dont remember anything. A person might move bitcoin from one wallet to other for some reason (wallet change, software update, anything). Quite a simple procedure, moving from own wallet to own wallet, but there is always a tiny chance that something might go wrong.
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Offline SmartGold01

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Re: Holding Bitcoin for long-term is risky?
« Reply #101 on: January 03, 2024, 02:41:45 PM »
I think Holding Bitcoin for a long time is not risky, but there might be less profit if i don't do trade.. So, to make a good profit from BTC we must do the short-term trade as well.
What do you think?

Sometimes doing trading reduces the total volume of bitcoin you are holding because when you trading bitcoin you don't hold exact the volume of bitcoin in your custody, holding for long shows more profitability and when holding bitcoin it's better you go for long term investment than short terms. With long term investment you are sure of some certain profits maybe whenever you experience at least 2 to 3 halving then you are sure of more profits because since the total numbers of bitcoin is being reduced from its circulating supply.

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Re: Holding Bitcoin for long-term is risky?
« Reply #102 on: January 03, 2024, 04:33:14 PM »
It all depends on how we see bitcoin and the purpose why we bought our bitcoin. Some people thinks that trading is the best way to make profit from bitcoin and such people will end up losing their bitcoin because trading is very risky. On the other hand,if you decide to invest in a long term investment, it is very easy to hodli because it is easy and less risky compared to trading. Keeping your wallet safe from hackers and malware,and also don't allow anyone access to your seed phrase or private keys. This is only what you need to do when you are a long term holder. Why is it like that,due to bitcoin volatile nature, the price pumps and dump and this can make you run at loss when you sell at the wrong time.

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Re: Holding Bitcoin for long-term is risky?
« Reply #103 on: January 03, 2024, 07:24:56 PM »
I think Holding Bitcoin for a long time is not risky, but there might be less profit if i don't do trade.. So, to make a good profit from BTC we must do the short-term trade as well.

What do you think?

The answer is simple: NO. It's not risky.

Just buy Bitcoin, accumulate and hold the coins, don't trade. I understand that not everyone can buy $1000 or more worth of Bitcoin. But everyone can buy a little bit - $10, $20, or $50.

Bitcoin is digital gold, hold. Pass BTC on to your children, grandchildren. In 10-20 years, Bitcoin will be worth a lot.
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Online ajiz138

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Re: Holding Bitcoin for long-term is risky?
« Reply #104 on: January 03, 2024, 07:42:25 PM »
I think Holding Bitcoin for a long time is not risky, but there might be less profit if i don't do trade.. So, to make a good profit from BTC we must do the short-term trade as well.

What do you think?

The answer is simple: NO. It's not risky.

Just buy Bitcoin, accumulate and hold the coins, don't trade. I understand that not everyone can buy $1000 or more worth of Bitcoin. But everyone can buy a little bit - $10, $20, or $50.

Bitcoin is digital gold, hold. Pass BTC on to your children, grandchildren. In 10-20 years, Bitcoin will be worth a lot.
Wow, almost 7 years old thread, because now altcoinstlak is getting more and more popular, the old thread is back to life. ;D

Yes, Bitcoin will not lose if it is just HODLed, in fact it would be better if kept for more than a decade.
If the purchase is from what you suggest then it is DCA, I do it myself, this is the best way to accumulate bitcoins and keep investing until you are able to do it.

It's true that bitcoin is like gold, where the supply gets smaller, the price will certainly rise.

 

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