Holding Bitcoin for long-term is risky?

[dekafee79]

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 Every investment has risk. Holding bitcoin for long term is good way to keep the value.

[Word]

for us to hold in the long run it is also a good thing to get more profits, by waiting for a higher selling price, so we will also get more profits in the future.

[zgrdyg]

What do you mean by long term, over a year or ? I think investors should their tokens when they satisfied with its price. Greed can lose you money.

[chapcha]

In my view, holding back bitcoin for the long term is not risky. I have learned that bitcoin was valued at 10 cents a few years ago, and you know what bitcoin is now? Yeah, the value of bitcoin today is fantastic. And the possibility of the higher value of bitcoin will continue to occur.

[Mohd Alman]

Holding Bitcoin for the long term can be a wise investment strategy, and it becomes less risky when you prioritize security. Consider using the OneKey open-source hardware wallet to safeguard your Bitcoin holdings. With its robust security features, including advanced encryption and offline storage, OneKey minimizes the risks associated with long-term Bitcoin storage. Don't compromise on the safety of your investments—choose OneKey for a secure and reliable storage solution.

[Thyplaymaker]

To me is not that risky though. Mostly when you started holding from a low price rate. And it's still good to trade to earn some profit only when you've gathered good knowledge about trading because if you haven't and you trading that's  also risky because you may end up losing all your funds.

[Alvida]

Holding on to Bitcoin investing is wise and short-term holding is foolish. Most smart people avoid short-term trading and instead buy bitcoins for long-term investing. That's why everyone invests long term only hoping for high returns, short term investments never give high returns but are prone to risk.

[Halifat]

For me I think HODling btc for a longer time will be based on how you see the progress of the coin. Its never too risky but it becomes risky when your wallets are being to people.

Well it is not risky, maybe it will more profitable to hold. But i think it depends upon our decision, because all things in crypto may change in a verry short period of time, so then patience is really required on it. if we don't have patience we can maybe loss on crypto die to its unstable price that may lead people to do panic selling.

It never too risky unless the holder is trying to play smart by borrowing money to buy so he can make money out of it, there is not shortcut to success, everything required patient and time,

[tjtonmoy]

What do you think?

If you can trade, and make a profit out of it, then that's an advantage. But it's a high-risk, high-reward situation. HODling on the other hand is safe to a degree that it doesn't stress you that much. But failing to secure your wallet is a high risk in this matter. If you can safely store your BTC then in the long run you can actually make a decent amount of profit. So invest what you can afford to lose and then you can take high risks.
Just to be on the safe side, it is better to just HODL.

[Decora50]

NEW: Even skeptical investors should accept that it’s safer to have a small allocation to #Bitcoin    than to ignore it, says Bloomberg 👀🙌



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[Gormicsta]

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 this is a ridiculous assertion about Bitcoin, Bitcoin isn't like every other tokens, the actual benefit of Bitcoin comes when you HODL for a long time and refuse to sell. If you wanna trade short term then I'll advice you try Altcoins and not Bitcoin. Bitcoin isn't as volatile as other Altcoins, Bitcoin prices doesn't change easily like other coins, the price of Bitcoin is influenced by certain factors which makes it difficult to be traded on short term.

[TravelMug]

What do you think?

If you can trade, and make a profit out of it, then that's an advantage. But it's a high-risk, high-reward situation. HODling on the other hand is safe to a degree that it doesn't stress you that much. But failing to secure your wallet is a high risk in this matter. If you can safely store your BTC then in the long run you can actually make a decent amount of profit. So invest what you can afford to lose and then you can take high risks.
Just to be on the safe side, it is better to just HODL.

Or we can call it that bitcoin trading is not for everyone, because it's a high risk, high reward. So if you are really a newbie, it's hard to start and we hear horror story of newbies losing big money on trading and then calling bitcoin a scam because of their bad experience. So for those who are making money out of trading though, good for them, but I think it's not that easy and maybe it take them years to do that and became a expert. But for us who doesn't want to complicate things then just be a investor. Buy as much as you can, do DCA, learn how to protect your Bitcoin and be a long term HOLDer and sell if necessary specially in the next bull run.

[Tribalchief]

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?

You've literally said it all. However, from the perspective where the buyer has multiple other sources of income and lacks time for trading activities, buying to hold shouldn't be a bad idea. Moreover, the price of Bitcoin started from a very low point to its current value.

[yhiaali3]

Not necessarily, Bitcoin trading may be risky for beginners who do not have sufficient trading experience, so in such cases it is best to hold Bitcoin in the long term because Bitcoin has one upward trend in the long term.

[DabsPoorVersion]

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?

You've literally said it all. However, from the perspective where the buyer has multiple other sources of income and lacks time for trading activities, buying to hold shouldn't be a bad idea. Moreover, the price of Bitcoin started from a very low point to its current value.

Also, if the investor/holder does not have the experience or knowledge in trading, the best thing to do is to do long-term holding. While the investor has a stable job and earns money for his daily needs, he still has an investment in Bitcoin that can be profitable in the long run.