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Author Topic: Invest & Hodl Bitcoin!!  (Read 14285 times)

Offline bounceback

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Re: Invest & Hodl Bitcoin!!
« Reply #60 on: January 19, 2024, 02:20:14 PM »
I also just accumulate and hold it. use DCA and be disciplined with the plans that have been made. But holding bitcoin for long-term investment is also not as easy as one might imagine. Because sometimes we can be tempted by price increases that continue to grow and make us want to sell them. but we must continue to remember our goals in investing in bitcoin for the long term. And don't look at our bitcoin portfolio too often so we can stay calm and hold it comfortably.
I have in your position as long term investment in bitcoin and make accumulate as much possible in weekly or monthly, some time not easy last purchasing bitcoin on higher price but next several months later bitcoin going down and losses few percent or my bitcoin valuable. But I have good decision with bitcoin investment as long term and not matter with price up and down keep accumulate as much possible for my future investment.

I have motivation to be bitcoin holder until five years later and have started around two years, still consistency invested in bitcoin since price under $20k and not have ideas right now for selling it.

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Re: Invest & Hodl Bitcoin!!
« Reply #60 on: January 19, 2024, 02:20:14 PM »

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Offline Dickiy

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Re: Invest & Hodl Bitcoin!!
« Reply #61 on: January 19, 2024, 02:35:34 PM »
 In terms of investment, I personally have several planned targets, for example in the halving cycle (every 4 years), I only sell once in those 4 years. This means that as long as it has not reached the halving there is no selling option but instead buying and buying. Even though I don't consistently apply DCA, as long as I have the finances, I'm more certain to invest for a long period of time.

Apart from that, what needs to be prepared is income, ideally a stable income, but if you don't have a stable income then at least whatever you buy is enough. Note that it will still be a long time before the halving which means you made the right decision.

Offline Yamzakid

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Re: Invest & Hodl Bitcoin!!
« Reply #62 on: January 19, 2024, 05:17:36 PM »
There are many users who invest in Bitcoin and do not plan to hold it for a long time but have a short term plan. People who make short term plans have never been able to make huge profits that's why I would advise them to invest for long periods and Hodl. When you buy bitcoins you must plan to make high profits so you should always Hodl on to bitcoins.

While it's always a good idea for us to encourage one another to invest and hodl for the long term because doing so can result in significant profits, I also think that those who choose to invest in short term are in a better position because each person has their own investment strategy, What will work best for each investor is what matters, there are those who are short-term investors and believe that will benefit them the most.

Both strategies can be profitable if you know what you're doing, but long-term investing carries less risk than short-term investment.

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Re: Invest & Hodl Bitcoin!!
« Reply #63 on: January 19, 2024, 08:48:45 PM »
In terms of investment, I personally have several planned targets, for example in the halving cycle (every 4 years), I only sell once in those 4 years. This means that as long as it has not reached the halving there is no selling option but instead buying and buying. Even though I don't consistently apply DCA, as long as I have the finances, I'm more certain to invest for a long period of time.

Apart from that, what needs to be prepared is income, ideally a stable income, but if you don't have a stable income then at least whatever you buy is enough. Note that it will still be a long time before the halving which means you made the right decision.
that actually epic, the strategy is indeed nice but most people can't exercise such habit of patients. But all I know is that aslong you holding don't forget to use the DCA strategies keep on. Buying on different price ranges mostly when it's undergoes bitcoin.
You thinking of investing always have that mind set that is for long-term not short, if looking for daily profit you could also back things up with daily trading (that only if you have good knowledge on trading management).

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Offline vegasus

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Re: Invest & Hodl Bitcoin!!
« Reply #64 on: January 19, 2024, 11:01:26 PM »
In terms of investment, I personally have several planned targets, for example in the halving cycle (every 4 years), I only sell once in those 4 years. This means that as long as it has not reached the halving there is no selling option but instead buying and buying. Even though I don't consistently apply DCA, as long as I have the finances, I'm more certain to invest for a long period of time.

Apart from that, what needs to be prepared is income, ideally a stable income, but if you don't have a stable income then at least whatever you buy is enough. Note that it will still be a long time before the halving which means you made the right decision.
this is very good planning because after all when we invest we don't just put our money in Bitcoin and then that's it. At least we have a good plan for where and how much capital we will invest, where we will invest, how long we will invest, and what targets we will achieve in the investment so that we can understand when to enter and exit. can get optimal results for us without regretting later whether there will be another increase that is beyond our expectations. Indeed, when we make a target, we can make it into several specific targets so we don't just go all in on one target.

Offline debra

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Re: Invest & Hodl Bitcoin!!
« Reply #65 on: January 19, 2024, 11:04:34 PM »
If you know that you are a long-term holder, it just means that you are prepared to wait a few years to hold the Bitcoin that you want to accumulate little by little in the few years that you will do so that you can get a big profit from it.

After all, you know that Bitcoin has been proven and tested, and as time passes, its price value in the market will increase. It only loses when the patience of the holders of Bitcoin or other cryptocurrencies is measured, which is also good for long-term holdings.
Yes, if we decide to hold for a long term, we must be ready to wait for few years. It can be 3-4 years for holding. The value of our investment will gradually year after year, we just need to wait until the bullrun season's coming. Bitcoin is a safe coin to invest for a long time, we don't need to worry to hold it for few years.

Bitcoin is surely proven investment. That's why many people recommend it to hold for a long time. If we want to wait for with patience, no doubt we will get profits by investing in Bitcoin.

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Offline masudginanjar

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Re: Invest & Hodl Bitcoin!!
« Reply #66 on: January 20, 2024, 05:25:52 AM »
Various investments will definitely experience obstacles in getting started, for example investing in coal, copper, silver or gold.
Bitcoin, which is basically a digital asset and cannot be seen in physical form, is certain that ordinary people do not believe that Bitcoin will be expensive.
Years ago Bitcoin was still around 10 USD and lots of people didn't want to own Bitcoin because Bitcoin looked strange but now everyone wants Bitcoin including the OP and me too.

The obstacle I am facing now is "Where does the money come from?"
I'm not a rich person and I can't buy 1 Bitcoin in just a week, a month, a year, etc.
This is my obstacle to Investing and HodL Bitcoin, if I have to follow the OP that has been written. :-\
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Re: Invest & Hodl Bitcoin!!
« Reply #66 on: January 20, 2024, 05:25:52 AM »


Offline Google+

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Re: Invest & Hodl Bitcoin!!
« Reply #67 on: January 20, 2024, 07:41:15 AM »
If you know that you are a long-term holder, it just means that you are prepared to wait a few years to hold the Bitcoin that you want to accumulate little by little in the few years that you will do so that you can get a big profit from it.

After all, you know that Bitcoin has been proven and tested, and as time passes, its price value in the market will increase. It only loses when the patience of the holders of Bitcoin or other cryptocurrencies is measured, which is also good for long-term holdings.
Yes, if we decide to hold for a long term, we must be ready to wait for few years. It can be 3-4 years for holding. The value of our investment will gradually year after year, we just need to wait until the bullrun season's coming. Bitcoin is a safe coin to invest for a long time, we don't need to worry to hold it for few years.

Bitcoin is surely proven investment. That's why many people recommend it to hold for a long time. If we want to wait for with patience, no doubt we will get profits by investing in Bitcoin.
Bitcoin has indeed proven to be a resilient and profitable investment over time. Many investors view it as a store of value and a long-term asset, often referred to as "digital gold." The limited supply of Bitcoin and its decentralized nature contribute to its appeal as a hedge against inflation and a potential long-term investment.

Patience has been historically rewarding for many Bitcoin holders, considering its price growth over the years. However, it's crucial to conduct thorough research, understand the risks, and make informed decisions based on your financial goals.

As with any investment, the cryptocurrency market can be volatile, so it's important to stay informed and be prepared for market fluctuations. Long-term holding can be a strategy, but it's also wise to regularly reassess your investment portfolio to ensure it aligns with your evolving financial objectives.

Offline Power420

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Re: Invest & Hodl Bitcoin!!
« Reply #68 on: January 20, 2024, 09:12:09 AM »
In terms of investment, I personally have several planned targets, for example in the halving cycle (every 4 years), I only sell once in those 4 years. This means that as long as it has not reached the halving there is no selling option but instead buying and buying. Even though I don't consistently apply DCA, as long as I have the finances, I'm more certain to invest for a long period of time.

Apart from that, what needs to be prepared is income, ideally a stable income, but if you don't have a stable income then at least whatever you buy is enough. Note that it will still be a long time before the halving which means you made the right decision.
that actually epic, the strategy is indeed nice but most people can't exercise such habit of patients. But all I know is that aslong you holding don't forget to use the DCA strategies keep on. Buying on different price ranges mostly when it's undergoes bitcoin.
You thinking of investing always have that mind set that is for long-term not short, if looking for daily profit you could also back things up with daily trading (that only if you have good knowledge on trading management).

Thinking about the benefits of investing in Bitcoin will make you greedy. And if you get greedy and decide to sell your bitcoins later (but that would be the most stupid thing to do), never sell your bitcoin investment. If you want to hold bitcoins then you must hold bitcoins tightly in a safe wallet only then it will be possible to hold bitcoins for a long time. In this case, for a long time, Bitcoin will play the most important role in choosing an investment wallet.

Offline Uruhara

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Re: Invest & Hodl Bitcoin!!
« Reply #69 on: January 20, 2024, 10:48:43 AM »
I also just accumulate and hold it. use DCA and be disciplined with the plans that have been made. But holding bitcoin for long-term investment is also not as easy as one might imagine. Because sometimes we can be tempted by price increases that continue to grow and make us want to sell them. but we must continue to remember our goals in investing in bitcoin for the long term. And don't look at our bitcoin portfolio too often so we can stay calm and hold it comfortably.
I have in your position as long term investment in bitcoin and make accumulate as much possible in weekly or monthly, some time not easy last purchasing bitcoin on higher price but next several months later bitcoin going down and losses few percent or my bitcoin valuable. But I have good decision with bitcoin investment as long term and not matter with price up and down keep accumulate as much possible for my future investment.

I have motivation to be bitcoin holder until five years later and have started around two years, still consistency invested in bitcoin since price under $20k and not have ideas right now for selling it.
You are in a good position because you have been accumulating bitcoin since it still had a price of around 20k. And well there is no reason for you to let it go. I also started accumulating from around that price. And yes, because this is for the long term, there is no reason for us to rush to release the bitcoins that we have been holding. I have the idea that the current price may be difficult to find again in the next 5 years. If we look at the price from each halving to halving then we can see that the previous price decline will not be found again. And maybe the past ATH halving could be the lowest correction point of the future ATH. But I can probably say this calmly because the money I use is cold money that I spend little by little. Because in crypto, we must not use money that we are not prepared to lose.

Offline legend45

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Re: Invest & Hodl Bitcoin!!
« Reply #70 on: January 20, 2024, 11:16:19 AM »

You are in a good position because you have been accumulating bitcoin since it still had a price of around 20k.
~snip~

This is a great step if someone has started to successfully buy bitcoin at 20K. 
At that time I had not thought about buying, and said I would buy at 30K .
30 K, I think It's still low because I see many predictions about bitcoin will touch more 100K.
I think we still have opportunity.
For now, I want to buy again, but still waiting bitcoin will dip at below 40K.

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Re: Invest & Hodl Bitcoin!!
« Reply #71 on: January 20, 2024, 02:27:53 PM »

You are in a good position because you have been accumulating bitcoin since it still had a price of around 20k.
~snip~

This is a great step if someone has started to successfully buy bitcoin at 20K. 
At that time I had not thought about buying, and said I would buy at 30K .
30 K, I think It's still low because I see many predictions about bitcoin will touch more 100K.
I think we still have opportunity.
For now, I want to buy again, but still waiting bitcoin will dip at below 40K.
Its human habit, when bitcoin come to us with lower price afraid for investing and disappointed later after bitcoin raising to the higher price. The same with me, have motivation accumulate bitcoin when getting down under $20k but worry around bad news sharing every and prefer waiting another lower price. First important in bitcoin investment braveness and want take moment keep purchasing although bitcoin have bad news and position with most lower price.
Don't care with how many time every day with bad news and bitcoin keep on good potential will raise to higher price, most profitable for some one have invested in bitcoin since price under $20k and earn more than 100% profitable until bitcoin price right now.

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Re: Invest & Hodl Bitcoin!!
« Reply #72 on: January 20, 2024, 02:59:49 PM »
It is actually important for us to know that people invest in bitcoin for different reasons, and also, some people don't have as much money, and they invest the little they have, expecting to sell and withdraw the money as soon as they are able to see some profit on it, doing this is not a crime.
I mean, we respectively own our money and can do what ever we want with it, investing in bitcoin and hodling it for a long time is the best way to profit greatly from bitcoin, but the fact remains that, there will always be short term investors, and it doesn't matter how much we try to convince investors to leave their bitcoin for long term, those who will cash out on short term will still do, and this is possibly because, life is not stable, one might plan to hold his or her bitcoin for a long time, but when life presents an issue that requires a lot of money to solve, and they can't raise such amount of money without selling their bitcoin, what would you expect such a person to do? This is the typical experience of an average bitcoin investor, I myself have been in such situation a lot of times.
We all need to have enough knowledge about Bitcoin before investing in Bitcoin, if we don't have enough knowledge about Bitcoin then we will not get much success in Bitcoin investment. And we all should plan for long term investment in Bitcoin. There are many people who invest for short period of time. So all of us should have a long term investment plan for Bitcoin and if we check the market with time and invest we will definitely get success through it.

Offline Aanuoluwatofunmi

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Re: Invest & Hodl Bitcoin!!
« Reply #73 on: January 20, 2024, 03:46:25 PM »

You are in a good position because you have been accumulating bitcoin since it still had a price of around 20k.
~snip~

This is a great step if someone has started to successfully buy bitcoin at 20K. 
At that time I had not thought about buying, and said I would buy at 30K .
30 K, I think It's still low because I see many predictions about bitcoin will touch more 100K.
I think we still have opportunity.
For now, I want to buy again, but still waiting bitcoin will dip at below 40K.

We must never forget that we can always make a repetition of these by investing now as long as we are willing to hold for some time, this will be to our own profitability when we are able to hold and wait for the next halving to take place and bullrun begins anytime further, you can imagine investing about $40,000 to Bitcoin now and after the halving the market surges to $80,000 or $150,000 this will be an amazing experience to see come through.

Offline DaNNy001

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Re: Invest & Hodl Bitcoin!!
« Reply #74 on: January 20, 2024, 04:11:28 PM »
In terms of investment, I personally have several planned targets, for example in the halving cycle (every 4 years), I only sell once in those 4 years. This means that as long as it has not reached the halving there is no selling option but instead buying and buying. Even though I don't consistently apply DCA, as long as I have the finances, I'm more certain to invest for a long period of time.

Apart from that, what needs to be prepared is income, ideally a stable income, but if you don't have a stable income then at least whatever you buy is enough. Note that it will still be a long time before the halving which means you made the right decision.
Good for you, you have experience Bitcoin reaching ATH before and only that will give you the experience to know how the market will go about when its comes to buying and holding till that time. Well most of us that are just having our first experience, we looking forward to see the market pump and that's why holding is the only option and just like you said even if the DCA strategy is not consistent let it just be that we are true to ourselves when we want to buy coins and save for the bull run and the upcoming halving.

I guess there is still time to buy and buy just like you have said because the price has not yet reached it previous price which is 65k+ and now that the current price has shifted back to 40k buying now will be a good thing because the price might spike up to 50k and believe it can get stuck there for some time and if it does then you have missed out on the opportunity to buy when its came to 40k
« Last Edit: January 20, 2024, 04:14:05 PM by DaNNy001 »

 

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