Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bayu7adi on October 02, 2024, 04:20:15 AM
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
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To be frank with all here, I am HODLING some minute BTC all because I am looking forward to the time - hopefully by 2025 or even beyond - when its price will be hovering at more than $100K (at best $150K) so that I can sell all or some of what I am hodling right now. Now, am I concerned also on the technology and other important details on Bitcoin? Of course, I am and they all come naturally because a person who got some BTC would surely be asking Google what the heck he is hodling of. And will there be a lot of hodlers if they know that the price of Bitcoin will not go up in years to come? I doubt that...as nobody would be investing into something that will not grow in value. People would naturally be interested with something that has real value as acknowledge even by traditional market right now and has a bright future ahead.
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Most people are traders especially because this is a currency that is volatile enough to make money every time the price flactuates. There is always room for holding as well since we are also concern of the security, traders are just on spot market so they'd hold whenever the price dips.
It's not so surpsing anymore that each of us keep at least a small amount to hold. The more we want security when there are hacking.
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Bitcoin is one of the best valuable crypto in cryptocurrency world. So this valuable crypto holding is best profitable in cryptocurrency market. But if we want to holding in bitcoin, we must understanding in cryptocurrency market correctly. We know that when crypto currency prices will be down then we can buy it and than it will be best time for holding bitcoin. So i also holding bitcoin in lower market price in bitcoin. So if you want to know for investment in bitcoin, i will told you lower market is prefer time for holding bitcoin.
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Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
You can learn the technology without holding bitcoin.
The reason someone can hold bitcoin is because of investment and also because of P2P transactions, especially cross borders. I mean for international transactions.I hold bitcoin for just one reason which is investment. But sometimes I use it for making transaction.
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I can say that I am holding that I am waiting for specific price, at which I will sell only a part of my holding. Frankly speaking, right now I even see no big reason for selling. Even if I sell all my holdings, I dont know how to spend money wise. I have a flat, car, family, we travel and enjoy life and salary seems enough for it. If I sell and get fiat, I dont know what should I buy, so it would be a smart purchase, but not just emotional.
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Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Holding is a type of long-term investment and is different from trading, which is often short-term.
As for learning about technology, there is tBTC, which is a currency and blockchain that does the same thing as the Bitcoin blockchain, but for testing and learning purposes.
So whoever buys Bitcoin deals with it as an investment or money to buy goods and products or sell them for dollars or local currency.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I don't think there's a simple answer to your question.
Initially, I wasn't convinced about BTC future. I believed blockchain is the technology of the future and focused more on tech than finance.
Over the years, while blockchain adoption has been slower, the crypto market and BTC have thrived. Since then, I've primarily focused on BTC, holding it to get profits on its growth. Now, I'm learning futures trading to potentially profit from BTC's downturns during crypto winters ^^
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Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
I don’t see how holding bitcoin helps inprove how you learn more about bitcoin - you don’t need to hold to learn.
And back to you thread - there are numerous reasons why we hold bitcoin and its potential of giving us a good return just happened to be one of them. Personally mine is as a means of investment and I don’t see anything bad in it as long as it gives me what I want.
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Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
There are several reasons to hold Bitcoin. The main reason is to make profit. Some are making profit by trading and some are making profit by investing. Besides earning these profits, you can also learn about technology by entering BTC. To access BTC you have to know about different wallets, since BTC is part of crypto market knowledge of crypto market is a must. Sometimes we can also learn about economics and social issues to understand the Bitcoin market. These reasons did not exist before Bitcoin came in, but I can add these reasons after Bitcoin came in. But I would say the value objective of holding Bitcoin is to make a profit.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I think in this list you will find all old experience members who are long term investment or holding instead of trading bitcoin. And besides, short time trading can be done here by holding long term.
Speaking for myself, I initially got into Cryptocurrencies for trading i mean short term trading, later I realized that trading with the skills I have in my trading analysis skills would result in losses most of the time instead of profits, so instead of short term trading, I went Bitcoin long. I have taken steps for time holding and accordingly I have opened my Continuous Bitcoin Adoption and I have taken the strategy of holding for 8 to 10 years.
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I have a portion of it being traded and a portion of it just held. I am most likely going to hold it for a long time, and waiting for a high price would be ideal, but that’s not always going to be the case unless there’s something that I need to really put my money into.
I don’t know how holding makes you learn about technology, and it doesn’t make sense. Without it, you could learn a lot of stuff, so your statement wouldn’t make sense.
It would help if you cleared this out, OP.
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Learn the technology is a terrible reason to be fair, I do not think that we should be holding it to learn anything about the technology we can learn it by learning about it and not really do anything by spending any money at all. This should be cheap method and we can save so much more. At the same time we are not going to end up with anything better if we just keep holding it, because if we all hold, then it has no value, some people needs to buy and sell, because trading is the one that makes money for all of us. So everyone plays a role here, holders, traders, spenders, earners, we have to learn all of it.
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Hmm, Quite an interesting subject, anyway at the end of day everyone in this risky investment market is making some good returns on their investment, and for sure everyone is holding to get a good market value to book profits. I know there are some heavy and dedicated accumulators but at the end of the day, their motive is the same a better value in terms of money or any other like Bitcoin itself an efficient source.
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To be frank, I think it's almost everyone who is holding Bitcoin is doing that for an increased price to sell at a suitable price. Had it been Bitcoin doesn't offer financial benefits while hodling it, I don't think many of us would find it worth risking our money with it because of almost all the things it offers, we can find it elsewhere and make use of it.
It is the profits, security and the comfort of having control of your money that Bitcoin offers in the long term, made Bitcoin stand above other assets we could think of, to appear less while Bitcoin stand as our future digital currency.
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I'm always supporting Bitcoin, for whatever the technology, development, and condition.
But honestly, the main target of holding Bitcoin is to get profits. No matter how long I hold it, the main goal is to get profits as expected.
And I think that's fine and doesn't mean that I don't support Bitcoin. Because what is certain is that we can protect ourselves and not panic when the market crashes, and also not spread FUD when our portfolio drops due to corrections or bearish eras. So, just keep supporting, keep holding as long as the price target has not been reached.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I use Bitcoin as money, just as it was initially the creator's idea, as peer-to-peer. Honestly, I prefer to keep value in my hardware wallet than in fiat, regardless of cash or bank. I only convert to fiat money when I need it for payments that I can't make with Bitcoin.
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Now let's be real right now, if you are visiting ALTCOINSTALKS, then you certainly have some previous knowledge of Bitcoin and other cryptocurrencies in general, and so you certainly would not be holding coins just for the price rise that will happen some time this year. That would be foolish for you, and you'd miss out on more gains if you exited early.
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Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I would like to be honest, yes, I'm using Bitcoin for profit, but I'm also for paying to my domain registrar and other shops where I purchase where Bitcoin is an option to use, We should not only hold Bitcoin but should use it for what it is intended for and that as payment processor where available because that's what Satoshi envioned in the first place.
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I would like to be honest, yes, I'm using Bitcoin for profit, but I'm also for paying to my domain registrar and other shops where I purchase where Bitcoin is an option to use, We should not only hold Bitcoin but should use it for what it is intended for and that as payment processor where available because that's what Satoshi envioned in the first place.
Right now have many domain website support using payment trough bitcoin and its get easily payment process than using PayPal or other digital currency payment transaction. But for my self bitcoin only as digital currency transaction waiting for increasing price only or as commodity investment assets.
I think many people use bitcoin for investment assets only and waiting when the moment price will increase, not all people have ability using bitcoin as payment transaction because most of their transaction not supported yet using bitcoin.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I personally hodl Bitcoin because of it's price, decentralization and future proof investment asset. Most of the time I trade because I don't have a stable job therefore my weekly rewards from signature campaign is my only stable source of income right now that is why I mostly withdraw portions if not all. Here in my country inflation is getting higher so hodling Bitcoin would be the best choice to counter that issue.
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Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Many people have learnt the Bitcoin technology without holding any cent of bitcoin in their wallet and are now among the experts of the technology. I hold bitcoin because of an investment I will sell after it reaches my target that I put to sell out my investments. Learning the technology can be done even if you do not hold bitcoin, mate. Also hold because of the decentralisation and profit it brings after a long time.
I would like to be honest, yes, I'm using Bitcoin for profit, but I'm also for paying to my domain registrar and other shops where I purchase where Bitcoin is an option to use, We should not only hold Bitcoin but should use it for what it is intended for and that as payment processor where available because that's what Satoshi envioned in the first place.
Many people wish to use it the same as it was created for, but only a few places accept bitcoin as a method of payment. Some people know about bitcoin but can’t put it among their methods of payment because of how volatile it is. Not everybody can take the risk that is in the market. That is why some people do not want to accept it as one of their methods of payment, while some people do because of their government restrictions.
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Isn't that right? People are holding BTC for higher value and higher prices? Aside from the technology of course, but it is undeniable that the purpose of holding BTC is for business purposes, and again it ends with money. So, the higher the price, the more we can profit.
Therefore, I cannot deny that one of the goals and targets of holding BTC is to take profits when the price is in accordance with the target I expect. But on the other hand, it does not mean ignoring the function and benefits of Bitcoin itself. because the value of BTC is not only in money but also in its technology. But again, the ultimate goal is still to support BTC to a much higher price so that we can get much higher profits.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
How can we learn the technology by holding BTC you mean to ask in the procedure of holding BTC we come to learn different terms like wallet types, exchanges types, security, ownership, privacy, and blockchain networks, which is secure and which one is fast etc. Then I did not invest in BTC to test these things but to make money but I am glad that I made this decision too.
Investing in BTC with the mindset that you have to make a profit but if you just want to test new technologies like using mixers then it won't be profitable so making a profit with testing technology is not a bad thing. I don't normally trade in BTC but in alts I use BTC for holding purposes but I still have not tested many networks of BTC.
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Is there anyone here holding BTC to learn the technology?
I do but it's not about to learn bitcoin and/or trading, but its to measure how my holding's increase and decrease time to time for over the years, it never been touch a while now. But i do have percentage for trading purposes, then converts to fiat. I guess most of the people here do the same thing.
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Just curious to see how many people (on this forum) use BTC for other than trading...
I paid for my VPN, game coupons, and other digital services with my BTC for years now. I switched platforms multiple times because some of them blocked my IP (region-blocked) and requested KYC details if I wanted to be whitelisted. Luckily there are several alternatives so it's no big deal if I can't use one platform. I believe this is the most common issue I found if I tried to pay with BTC instead of high transaction fees.
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I have very few satoshis, but I don't keep them because the price goes up
honestly bitcoin would have to get to ten million to have anything in hand that makes sense
No
I keep bitcoin because it represents a way to tell the banks that I too can take care of it myself
now I live in a place where you go to the bank and they treat you well, but there are places in the world where the bank doesn't even give you a bill
bitcoin can fix this
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Bitcoin holders are familiar with the term HODL because they tend to be holding BTC in hopes to profit in the bull market. this is how most investors would want to make money in crypto afaik. if they are not trading then they are just holding.
if you are like the rest of us who uses Bitcoin to gamble then welcome crypto. eventually when you have BTC, you will be tempted to trade and learn it because of the people who suggest to trade to make money with the BTC you have.
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Bitcoin holders are familiar with the term HODL because they tend to be holding BTC in hopes to profit in the bull market. this is how most investors would want to make money in crypto afaik. if they are not trading then they are just holding.
if you are like the rest of us who uses Bitcoin to gamble then welcome crypto. eventually when you have BTC, you will be tempted to trade and learn it because of the people who suggest to trade to make money with the BTC you have.
I also hold bitcoin and my goal is the same as others to make a profit, I do not use bitcoin to trade because I prefer altcoin to trade considering the fluctuation of altcoin is higher and the possibility of making a bigger profit. and I think the goal of everyone who holds bitcoin and altcoin is the same, they want to make a profit. because right now I feel crypto is the right choice to invest.
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Bitcoin holders are familiar with the term HODL because they tend to be holding BTC in hopes to profit in the bull market. this is how most investors would want to make money in crypto afaik. if they are not trading then they are just holding.
if you are like the rest of us who uses Bitcoin to gamble then welcome crypto. eventually when you have BTC, you will be tempted to trade and learn it because of the people who suggest to trade to make money with the BTC you have.
I also hold bitcoin and my goal is the same as others to make a profit, I do not use bitcoin to trade because I prefer altcoin to trade considering the fluctuation of altcoin is higher and the possibility of making a bigger profit. and I think the goal of everyone who holds bitcoin and altcoin is the same, they want to make a profit. because right now I feel crypto is the right choice to invest.
Well, Altcoins tend to act more volatile than Bitcoin, which is why they may both gain and lose their value much faster and with higher amplitudes but also have higher risk levels compared to Bitcoin. This way it is possible to distribute the risks inherent in the choice of alt-coins in relation to the significantly more stable Bitcoin and receive quick revenues. However, when you have much capital, you is going to apply both strategies. This way you keep holding bitcoins and rely on their value but trade Altcoins looking for get-rich-quick-scheme which allows you to cover with risks of unpredictable rapid ups and downs of the new coins.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I don't hold my bitcoins for price I hold bitcoins for a certain amount of time. When Bitcoin went up to around $74k but I didn't sell my Bitcoin because my predicted target was not reached yet. I have invested and held my bitcoins for the past few years but I have set a certain price in my mind that I will hold my bitcoins until it goes to that price.
I have never traded my invested bitcoins because my investments are not for trading my investments are only for long term and price targets that I set. Many may trade with the bitcoins they hold and learn trading but I have no such goals. I use a different currency for trading and I trade with that currency.
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Everyone invests to make profit and to get profit the price of that coin must increase after making the investment. This is a simple concept. So I can say that everyone invest in Bitcoin because the price of Bitcoin will increase. Cryptos are very volatile due to which it is possible to earn huge profits by investing in Bitcoins or cryptocurrencies through a potential analysis. And each of us invests in crypto currency with risk for this purpose. You can make a standard profit as fast as you can by investing in cryptocurrencies that you can't get by investing anywhere else.
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I have never traded my invested bitcoins because my investments are not for trading my investments are only for long term and price targets that I set. Many may trade with the bitcoins they hold and learn trading but I have no such goals. I use a different currency for trading and I trade with that currency.
Is there any reason why you don't allocate a different portfolio with Bitcoin for trading instead of trading alts? I'm curious if there's any specific reason why you do that other than the fact that you believe Bitcoin is the most valuable out of them all. Most people I followed seem to trade Bitcoin and altcoin while keeping a different portfolio for that. I believe capital is one of the reasons why they can do that, but it's not like people with small capital can't do the same thing.
Anyway, I spend less than $10 Bitcoin regularly but I stop doing that if the price falls too low because I don't want to lose too many sats. Luckily most services that I used aren't that expensive.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I don't hold my bitcoins for price I hold bitcoins for a certain amount of time. When Bitcoin went up to around $74k but I didn't sell my Bitcoin because my predicted target was not reached yet. I have invested and held my bitcoins for the past few years but I have set a certain price in my mind that I will hold my bitcoins until it goes to that price.
I think it's good to see that the price hits a new all time high at $73k a pop. But I do agree that most of us didn't sell that time, because we know that the price is going to still go up in the next month or so or at least our target is 6 digits.
I have never traded my invested bitcoins because my investments are not for trading my investments are only for long term and price targets that I set. Many may trade with the bitcoins they hold and learn trading but I have no such goals. I use a different currency for trading and I trade with that currency.
Sure, there are people, Bitcoin enthusiast, who might have traded Bitcoin in the beginning, however, it's not as easy as it sounds. And so they just remain to be pure investor, doing DCA or buying during the dip. So everyone has different strategy, but the end goal is the same, to make huge profits in the bull run.
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I don't hold my bitcoins for price I hold bitcoins for a certain amount of time. When Bitcoin went up to around $74k but I didn't sell my Bitcoin because my predicted target was not reached yet. I have invested and held my bitcoins for the past few years but I have set a certain price in my mind that I will hold my bitcoins until it goes to that price.
Unfortunately, the fact is that you want to sell it based on the price increase too, my friend. Maybe you digest the topic I made is for trading, so you think it's not the same as investing.... That's not wrong, because I'm sure everyone's goal to have Bitcoin is different... good luck with what you're aiming for right now with Bitcoin.
However, it should also be noted that Bitcoin can be used to pay and buy something... so I think it's a loss if you don't try it, at least once in your life.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
What exactly more is here to learn about Bitcoin's technology when I am not a newbie to the cryptocurrency? Your question should have been directed to newbies in the space, because for me, having been here since 2016, I've learnt all that i showed interest in to learn, and right now, I hold bitcoin as an investment, and use it also for trading, I don't want to spend bitcoin on goods and services since it's more expensive to, specially in the country I come from.
So right now, I hold bitcoin for majorly two things which I already mentioned above, but to mention them again..
1. As an investment for future profits.
2. For trading, I use part of my bitcoin for trading.
So, in conclusion, you can say that I am mainly holding bitcoin to make money from it, then you are also right, it isn't a crime, or is it?
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- I only have a small amount of btc at the moment; my goal is to accumulate up to 0.1btc up to 0.25btc because my priority is to actually make dca, but in one of the top altcoins, and the rest is in the top meme coins as well.
Because I can see that I can get a bigger profit in altcoins compared to bitcoin. Sorry to others, I know you believe in bitcoin that the price will really rise. That's why the only thing attainable because I see in bitcoin is up to x6 or x7 Only our capital can repeat this coming bull run.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
Why do you think that just owning BTC can help someone "learn technology"? Of course, some things can be best understood with practical examples, but someone who has never had BTC can learn a lot about blockchain technology and how BTC works.
I have been using BTC as a hedge against inflation for years, but I also use it as a currency whenever possible - because it allows me to make fast and secure payments at any time. I think that BTC should not be just some kind of money-making machine, but we can't force anyone to do something they don't want to do.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I personally only buy Bitcoin because I believe in its potential in the future and I believe in its great potential in the future because I am amazed by the system used in Bitcoin itself. So I invested in it and plan to hold it as long as I can. I also can't deny that bitcoin is becoming like a money-making machine. But I think its usefulness goes beyond that. And I think the decentralized system that BTC has has also changed the way many people think about the current financial system.
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I don't hold my bitcoins for price I hold bitcoins for a certain amount of time. When Bitcoin went up to around $74k but I didn't sell my Bitcoin because my predicted target was not reached yet. I have invested and held my bitcoins for the past few years but I have set a certain price in my mind that I will hold my bitcoins until it goes to that price.
I have never traded my invested bitcoins because my investments are not for trading my investments are only for long term and price targets that I set. Many may trade with the bitcoins they hold and learn trading but I have no such goals. I use a different currency for trading and I trade with that currency.
I really respect your smart way of investing in Bitcoin. You did not sell when price went up to $74000 which shows you stick to your plan. Focusing on long term goals instead of quick profits is impressive. It is clever to keep your investments and trading money separate. This helps you avoid making impulsive decisions based on market changes.
Your patient and focused approach will help you navigate ups and downs of cryptocurrency. I appreciate your decision stick to it I hope you will see Bitcoin at that price which you have dreamed for
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I personally only buy Bitcoin because I believe in its potential in the future and I believe in its great potential in the future because I am amazed by the system used in Bitcoin itself. So I invested in it and plan to hold it as long as I can. I also can't deny that bitcoin is becoming like a money-making machine. But I think its usefulness goes beyond that. And I think the decentralized system that BTC has has also changed the way many people think about the current financial system.
There is no doubt about the potential of bitcoin in the future, because bitcoin will provide financial freedom and we as bitcoin holders also try to hold our bitcoins for longer. If right now I am only trying to hold bitcoin until next year, because the bullish season will occur next year.
Some use the hold method and leave it in the wallet until the year and there are also those who trade with bitcoin.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
Other than the developers, majority hold Bitcoin because of the gain, even Blackrock hold Bitcoin for gain and the ETFs were approved so that investors and mostly the institutional investors can buy Bitcoin and hold and sell when they want, they don't add anything to the technological aspect, they just speculate to value to it.
Perhaps Microstrategy and El Salvador are two most important people that have created real used case Bitcoin, if other countries will allow it as legal tender, then we might see other utilities other than just the usual hold for profit.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
Other than the developers, majority hold Bitcoin because of the gain, even Blackrock hold Bitcoin for gain and the ETFs were approved so that investors and mostly the institutional investors can buy Bitcoin and hold and sell when they want, they don't add anything to the technological aspect, they just speculate to value to it.
Perhaps Microstrategy and El Salvador are two most important people that have created real used case Bitcoin, if other countries will allow it as legal tender, then we might see other utilities other than just the usual hold for profit.
Currently, there are not many countries that allow bitcoin as a payment method, I only know that El Salvador is a pioneer in accepting bitcoin as a means of payment. Actually, in my country, bitcoin has been allowed as an investment tool, I am grateful, because in investing we as citizens already feel safe because we are protected by the government.
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Currently, there are not many countries that allow bitcoin as a payment method, I only know that El Salvador is a pioneer in accepting bitcoin as a means of payment.
I'm not sure how many countries explicitly allow Bitcoin for payment, but tons of digital stores accept Bitcoin. I'd assume the country they're based in at least doesn't punish them for accepting BTC or allowing people to buy stuff with BTC. One digital store that I regularly visit is based in Singapore and they've been accepting Bitcoin for years now. It's not exclusive to them either. I believe that's no surprise considering how many payment providers are available on the market nowadays. I think you'll be able to find other examples if you want to pay with BTC. It just takes a bit of time to look around. CMIIW.
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Currently, there are not many countries that allow bitcoin as a payment method, I only know that El Salvador is a pioneer in accepting bitcoin as a means of payment.
I'm not sure how many countries explicitly allow Bitcoin for payment, but tons of digital stores accept Bitcoin. I'd assume the country they're based in at least doesn't punish them for accepting BTC or allowing people to buy stuff with BTC. One digital store that I regularly visit is based in Singapore and they've been accepting Bitcoin for years now. It's not exclusive to them either. I believe that's no surprise considering how many payment providers are available on the market nowadays. I think you'll be able to find other examples if you want to pay with BTC. It just takes a bit of time to look around. CMIIW.
Still, since Bitcoin is not legalized in most places, there is potential for legal complications when transacting through Bitcoin. Although many do this transaction. I personally like Bitcoin's decentralized design. I believe that if one holds bitcoins he can protect his personal assets as well as gain financially by holding bitcoins. At the time when governments will legalize Bitcoin, in addition to this benefit, anyone will also have the opportunity to make uninterrupted transactions through Bitcoin. Currently I want to hold Bitcoin because I can get multiple returns on my investment in the long term by holding it.
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Currently, there are not many countries that allow bitcoin as a payment method, I only know that El Salvador is a pioneer in accepting bitcoin as a means of payment.
I'm not sure how many countries explicitly allow Bitcoin for payment, but tons of digital stores accept Bitcoin. I'd assume the country they're based in at least doesn't punish them for accepting BTC or allowing people to buy stuff with BTC. One digital store that I regularly visit is based in Singapore and they've been accepting Bitcoin for years now. It's not exclusive to them either. I believe that's no surprise considering how many payment providers are available on the market nowadays. I think you'll be able to find other examples if you want to pay with BTC. It just takes a bit of time to look around. CMIIW.
Even In Nigeria where bitcoin and all forms of cryptocurrency trading is banned, some services and stores still on their own accept bitcoin as payment for their services or goods, though they usually will not make any sign available to customers that they accept bitcoin payment, acceptance is simply based on the customer's request, and for some of this stores or services to agree they accept bitcoin payment, you have to be a customer they have known for a while, this i believe is a nothing but a precautionary measure they've put in place to help them not make the mistake of accepting bitcoin payment from a government agent mistaking him or her for a true customer.
Overall, bitcoin is accepted in several parts of the world, regardless of regulations and bans, but personally, I still prefer to spend fiat than spend bitcoin on goods or services.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
Yes bitcoin market has increased a lot now but according to my strategy could not reach that goal. So I will be holding my bitcoins for now. If Bitcoin reaches 74k I will still hold Bitcoin. Because I have taken a long-term strategy and according to that strategy Bitcoin has to pass 100k only then I will sell bitcoin. And another thing I want to say is that just because you are holding Bitcoin does not mean that you will know about its technology. But yes when a person comes in contact with it he will understand its basic things but they are not that uncommon.
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Even In Nigeria where bitcoin and all forms of cryptocurrency trading is banned, some services and stores still on their own accept bitcoin as payment for their services or goods, though they usually will not make any sign available to customers that they accept bitcoin payment, acceptance is simply based on the customer's request, and for some of this stores or services to agree they accept bitcoin payment, you have to be a customer they have known for a while, this i believe is a nothing but a precautionary measure they've put in place to help them not make the mistake of accepting bitcoin payment from a government agent mistaking him or her for a true customer.
Overall, bitcoin is accepted in several parts of the world, regardless of regulations and bans, but personally, I still prefer to spend fiat than spend bitcoin on goods or services.
I also prefer to spend FIAT than bitcoin, because the price of bitcoin is likely to go up higher if we hold it longer.
like Nigeria where crypto currency trading is prohibited, why do they spend it? Isn't this against the rules? Shouldn't we obey the rules set by the government, because in my country it is also prohibited for payment methods but allowed as an investment. Maybe in the future bitcoin will be allowed as a payment method, but considering the increasingly expensive price of bitcoin, it feels better to hold our bitcoins than to make transactions that will make the price of bitcoin more expensive in the future.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
Isn't holding Bitcoin = supporting the technology? I mean I don't need to hold Bitcoin to learn the technology behind it.
I will be hypocrite if I will say that I'm not one of them.
I support Bitcoin, and I use it in ways that it can be used and one of them is to buy and sell. Many sees it as an asset more than a currency hence, many people are holding it because they hope that they will make money if they will just hold the token. Aside from holding some Bitcoin, I'm also using some of it for paying a portion of our expenses. Of course it's not being paid in Bitcoin directly, but I'm converting it into our own currency in order to pay it.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I am holding BTC, which means I have invested in them with the aim of making a profit from them and if I want to experiment with things for which I don't know what type of experiments I can do then I might not waste my money on experimenting because I am not a developer and I am not going to find anything unique by wasting money.
So my efforts are always to learn something new, and I wish to make a profit while researching, not wasting it. I might use inscription when there was a hype, I might use BTC on many Layers of BTC blockchain, but I did not because I don't want to, with time when I have to I will but till then I don't know if its bad but I don't want to test them.
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Is there anyone here holding BTC to learn the technology?
If you're investing in Bitcoin and you're holding it, there's no way that you're not going to learn about the technology along the way because you would realize the need to know that it is self-custody that you're practicing, and the more knowledge you have, the better for you and the better your chance at safety.
Or maybe predominantly using it for trading?
I have used bitcoin in gambling many times in casinos; I hope that counts too that I am not just hodling for the price increase.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I don't hold our currency and not even in local account all my investment and savings are in bitcoin, my involvement in trading and scalping are all in bitcoin and I only use fiat when I think I needs to buy things or something important at home without undermining when to sell or time to sell. The thing is, I have special wallets where I have my funds stored separately, like for investment and for urgent and immediate use. While for trading they are in trading account whenever I feels is time to move out my profits to an investment wallets then i do that without any compromise.
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Still, since Bitcoin is not legalized in most places, there is potential for legal complications when transacting through Bitcoin. Although many do this transaction. I personally like Bitcoin's decentralized design. I believe that if one holds bitcoins he can protect his personal assets as well as gain financially by holding bitcoins.
I understand that. I'm not sure if the government would actively try to look for people who make Bitcoin transactions if the volume is lower than $1000 or so per month though. I feel they'd earn more by enforcing taxes on exchange instead. Still, nothing is wrong with being careful.
i believe is a nothing but a precautionary measure they've put in place to help them not make the mistake of accepting bitcoin payment from a government agent mistaking him or her for a true customer.
That's interesting, I didn't know that. Although the context is quite different from a country that doesn't explicitly ban Bitcoin for making payments, I guess we can see similar practices in other areas too. I don't think merchants in my country do the same though, at least not that I know of.
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I am holding BTC, which means I have invested in them with the aim of making a profit from them and if I want to experiment with things for which I don't know what type of experiments I can do then I might not waste my money on experimenting because I am not a developer and I am not going to find anything unique by wasting money.
So my efforts are always to learn something new, and I wish to make a profit while researching, not wasting it. I might use inscription when there was a hype, I might use BTC on many Layers of BTC blockchain, but I did not because I don't want to, with time when I have to I will but till then I don't know if its bad but I don't want to test them.
Holding bitcoin is a good way to do it because this coin is very safe to hold in the long term. but we can also diversify on altcoins, of course do observation and analysis first before buying coins that you will hold, if you choose altcoins because they are very risky.
I don't hold our currency and not even in local account all my investment and savings are in bitcoin, my involvement in trading and scalping are all in bitcoin and I only use fiat when I think I needs to buy things or something important at home without undermining when to sell or time to sell. The thing is, I have special wallets where I have my funds stored separately, like for investment and for urgent and immediate use. While for trading they are in trading account whenever I feels is time to move out my profits to an investment wallets then i do that without any compromise.
I don't hold our currency and not even in local account all my investment and savings are in bitcoin, my involvement in trading and scalping are all in bitcoin and I only use fiat when I think I needs to buy things or something important at home without undermining when to sell or time to sell. The thing is, I have special wallets where I have my funds stored separately, like for investment and for urgent and immediate use. While for trading they are in trading account whenever I feels is time to move out my profits to an investment wallets then i do that without any compromise.
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I am holding BTC, which means I have invested in them with the aim of making a profit from them and if I want to experiment with things for which I don't know what type of experiments I can do then I might not waste my money on experimenting because I am not a developer and I am not going to find anything unique by wasting money.
So my efforts are always to learn something new, and I wish to make a profit while researching, not wasting it. I might use inscription when there was a hype, I might use BTC on many Layers of BTC blockchain, but I did not because I don't want to, with time when I have to I will but till then I don't know if its bad but I don't want to test them.
Holding bitcoin is a good way to do it because this coin is very safe to hold in the long term. but we can also diversify on altcoins, of course do observation and analysis first before buying coins that you will hold, if you choose altcoins because they are very risky.
Bitcoin is the main portfolio for the long term, and yes we also need to grow the portfolio by doing a diversification strategy.
So that more coins will be held and of course have a greater opportunity to rise.
Choosing the top altcoins with continuous development would be good advice, But also understand that each altcoin has different characteristics.
Indeed, Bitcoin and altcoins will yield profits that can exceed your expectations, provided you enter at the right price and exit at the price you have targeted.
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I am holding BTC, which means I have invested in them with the aim of making a profit from them and if I want to experiment with things for which I don't know what type of experiments I can do then I might not waste my money on experimenting because I am not a developer and I am not going to find anything unique by wasting money.
So my efforts are always to learn something new, and I wish to make a profit while researching, not wasting it. I might use inscription when there was a hype, I might use BTC on many Layers of BTC blockchain, but I did not because I don't want to, with time when I have to I will but till then I don't know if its bad but I don't want to test them.
Holding bitcoin is a good way to do it because this coin is very safe to hold in the long term. but we can also diversify on altcoins, of course do observation and analysis first before buying coins that you will hold, if you choose altcoins because they are very risky.
Bitcoin is the main portfolio for the long term, and yes we also need to grow the portfolio by doing a diversification strategy.
So that more coins will be held and of course have a greater opportunity to rise.
Choosing the top altcoins with continuous development would be good advice, But also understand that each altcoin has different characteristics.
Indeed, Bitcoin and altcoins will yield profits that can exceed your expectations, provided you enter at the right price and exit at the price you have targeted.
Bitcoin is indeed the main portfolio even more than 80% of most of the remaining bitcoins are some of the top altcoins that I hold.
I know the opportunity in altcoins has great potential but I am not so brave to take more in altcoins it is too risky so I only dare a little.
Maybe some altcoins that will provide decent profits are: ETH, BNB, SOL, SUI.
If for example from a new altcoin listing then it will not dare to invest.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I may not really know if there are other reasons of holding a crypto asset like BTC other than for the sake of investment. HODL until price grows as much as the investor wants to sell off.
I can't really comprehend if there are other reasons for holding BTC if not for profit making... Because the technology and also how it works could be researched about even without having any asset on hold, otherwise there's something I ain't getting correctly.
As for me and others I'm met in the Crypto world, we all purchase BTC and keep on hold for the future, hoping the price will increase even x2 and enough profits could be realized.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I may not really know if there are other reasons of holding a crypto asset like BTC other than for the sake of investment. HODL until price grows as much as the investor wants to sell off.
I can't really comprehend if there are other reasons for holding BTC if not for profit making... Because the technology and also how it works could be researched about even without having any asset on hold, otherwise there's something I ain't getting correctly.
As for me and others I'm met in the Crypto world, we all purchase BTC and keep on hold for the future, hoping the price will increase even x2 and enough profits could be realized.
I think people buy bitcoin, the majority are looking for profit, that's why they hold bitcoin for the long term because they want bigger profit, And currently bitcoin is the safest coin to hold for the long term, so the decision to hold long term is the right decision.
I don't know anyone who buys bitcoin to research the technology of this coin, if that's true, maybe he doesn't hold bitcoin just trying to use bitcoin for transactions.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I may not really know if there are other reasons of holding a crypto asset like BTC other than for the sake of investment. HODL until price grows as much as the investor wants to sell off.
I can't really comprehend if there are other reasons for holding BTC if not for profit making... Because the technology and also how it works could be researched about even without having any asset on hold, otherwise there's something I ain't getting correctly.
As for me and others I'm met in the Crypto world, we all purchase BTC and keep on hold for the future, hoping the price will increase even x2 and enough profits could be realized.
I think people buy bitcoin, the majority are looking for profit, that's why they hold bitcoin for the long term because they want bigger profit, And currently bitcoin is the safest coin to hold for the long term, so the decision to hold long term is the right decision.
I don't know anyone who buys bitcoin to research the technology of this coin, if that's true, maybe he doesn't hold bitcoin just trying to use bitcoin for transactions.
Indeed, the most people who invest in the Bitcoin tend to do so in the hope of earning a certain amount of profit whichever the case may be, this is why long term investment in the Bitcoin is always said to be the best. That is why many experts consider Bitcoin as comparatively safe in comparison to the other cryptocurrencies: It is highly volatile yet offers greater profits in the long term. Nevertheless, while the majority of people regard it as an investment instrument, it is also worthwhile to take into account that there are others who focus on such technologies as Bitcoin – blockchain. Some of them can spend Bitcoin for transactional or experimental purposes, however this is just a small percentage of group interested in the future value growth.
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To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
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Holding bitcoin is a good way to do it because this coin is very safe to hold in the long term. but we can also diversify on altcoins, of course do observation and analysis first before buying coins that you will hold, if you choose altcoins because they are very risky.
Diversification is a good method to manage the risk of making a loss, especially for future traders it's the best choice but even for spot traders or any other type of trading too we must invest in more than one asset just to make sure we make a profit from others while losing from one but I think that only applies (best) if we invest in different types of assets, which means if I am investing in ETH and BTC and SOL then I might be facing lose because if BTC goes down the chances for the other 2 are also to go down.
Therefore to be safe I must invest in a coin that should be independent of other like Gold, or Silver, or any other assets. But yeah diversification is a thing in crypto (only) and it also works best here.
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To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Investing in BTC to make a profit is completely normal, and I believe most investors in the crypto market share this view. We buy and hold BTC not just for fun or to express personality, we need to make a profit to have more money to carry out our own plans in real life.
Some people hold BTC for remittance purposes but I believe that's a minority. Others plan to hold BTC for another 10-20 years but ultimately they also believe in the future price increase of BTC, for example 1 BTC = $1M by 2030.
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To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Judging by the predictions of crypto experts, it's obvious that Bitcoin will experience a surge in price in no distant time so investors are advised to hoard their digital assets ahead of the bull run that's almost upon us. I do not have much Bitcoin assets in my wallet but the little I have isn't gonna be touched anytime soon. I'm looking forward to see the price of Bitcoin by the first quarter of 2025 and then I'll know if I'll keep on holding what I have already or sell off.
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To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Every investor must keep the Bitcoin for profits. They must wait for the price increase significantly. Trader can be different, they don't need to wait for the huge increase. As long as it is profitable enough, trader can take profit. However, the goal of everyone to hold Bitcoin is surely for profits. There is no way that we sell the Bitcoin before the price increase because we will get losses. Anyway, those who only watch and not holding any Bitcoin, it just wastes the time. :D
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Bitcoin is indeed the main portfolio even more than 80% of most of the remaining bitcoins are some of the top altcoins that I hold.
I know the opportunity in altcoins has great potential but I am not so brave to take more in altcoins it is too risky so I only dare a little.
Maybe some altcoins that will provide decent profits are: ETH, BNB, SOL, SUI.
If for example from a new altcoin listing then it will not dare to invest.
It's an option, Bitcoin could be the main one with 80% of your portfolio, but of course I also have a choice and probably only about 40%-50% of the portfolio for Bitcoin and the rest for altcoins and memecoins.
Now again the memecoin hype has a lot of potential to go up 10x, 100x, even 1000x if we can choose the right memecoin.
there are more memecoins on the SOLANA, ETHEREUM and SUI networks, all of them are hype and of course you know MURAD which used to be Bitcoin Maxi is now moving to memecoins, that's because memecoins are in a very good trend right now.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
I may not really know if there are other reasons of holding a crypto asset like BTC other than for the sake of investment. HODL until price grows as much as the investor wants to sell off.
I can't really comprehend if there are other reasons for holding BTC if not for profit making... Because the technology and also how it works could be researched about even without having any asset on hold, otherwise there's something I ain't getting correctly.
As for me and others I'm met in the Crypto world, we all purchase BTC and keep on hold for the future, hoping the price will increase even x2 and enough profits could be realized.
I think people buy bitcoin, the majority are looking for profit, that's why they hold bitcoin for the long term because they want bigger profit, And currently bitcoin is the safest coin to hold for the long term, so the decision to hold long term is the right decision.
I don't know anyone who buys bitcoin to research the technology of this coin, if that's true, maybe he doesn't hold bitcoin just trying to use bitcoin for transactions.
Indeed, the most people who invest in the Bitcoin tend to do so in the hope of earning a certain amount of profit whichever the case may be, this is why long term investment in the Bitcoin is always said to be the best. That is why many experts consider Bitcoin as comparatively safe in comparison to the other cryptocurrencies: It is highly volatile yet offers greater profits in the long term. Nevertheless, while the majority of people regard it as an investment instrument, it is also worthwhile to take into account that there are others who focus on such technologies as Bitcoin – blockchain. Some of them can spend Bitcoin for transactional or experimental purposes, however this is just a small percentage of group interested in the future value growth.
If I could get your point correctly that simply means there are some people in the crypto world that keep these asset on hold for transaction and other Blockchain purpose which may likely not be profit oriented?
At a critical angle it may seem some nations government could be those who occupy this position of holding for other purpose rather than long term investment liable to profit making.
But on a personal note, I have not come across an individual who HODL BTC for any other reason rather than long term investment.
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To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Judging by the predictions of crypto experts, it's obvious that Bitcoin will experience a surge in price in no distant time so investors are advised to hoard their digital assets ahead of the bull run that's almost upon us. I do not have much Bitcoin assets in my wallet but the little I have isn't gonna be touched anytime soon. I'm looking forward to see the price of Bitcoin by the first quarter of 2025 and then I'll know if I'll keep on holding what I have already or sell off.
I think Bitcoin bull run has already started and its price is constantly increasing and I suspect that it is likely to touch ATH in a very short time. The DCA method should continue to accumulate bitcoins. Bitcoin bullish trend should reduce the selling trend as its price is likely to touch $100k by 2025 which could create a huge opportunity for a small holder to make a profit. So Bitcoin investors should focus on DCA regardless of price.
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To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Judging by the predictions of crypto experts, it's obvious that Bitcoin will experience a surge in price in no distant time so investors are advised to hoard their digital assets ahead of the bull run that's almost upon us. I do not have much Bitcoin assets in my wallet but the little I have isn't gonna be touched anytime soon. I'm looking forward to see the price of Bitcoin by the first quarter of 2025 and then I'll know if I'll keep on holding what I have already or sell off.
I think Bitcoin bull run has already started and its price is constantly increasing and I suspect that it is likely to touch ATH in a very short time. The DCA method should continue to accumulate bitcoins. Bitcoin bullish trend should reduce the selling trend as its price is likely to touch $100k by 2025 which could create a huge opportunity for a small holder to make a profit. So Bitcoin investors should focus on DCA regardless of price.
2025 is the year that should let the Bull come closer and it is better for everybody involved and patient enough.
People can hold BTC based on their beliefs, or only profit - it would still be beneficial for the BTC and the market.
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To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Judging by the predictions of crypto experts, it's obvious that Bitcoin will experience a surge in price in no distant time so investors are advised to hoard their digital assets ahead of the bull run that's almost upon us. I do not have much Bitcoin assets in my wallet but the little I have isn't gonna be touched anytime soon. I'm looking forward to see the price of Bitcoin by the first quarter of 2025 and then I'll know if I'll keep on holding what I have already or sell off.
I think Bitcoin bull run has already started and its price is constantly increasing and I suspect that it is likely to touch ATH in a very short time. The DCA method should continue to accumulate bitcoins. Bitcoin bullish trend should reduce the selling trend as its price is likely to touch $100k by 2025 which could create a huge opportunity for a small holder to make a profit. So Bitcoin investors should focus on DCA regardless of price.
Hopefully before the end of this year, bitcoin will soon touch ATH because I see the price of bitcoin has been increasing and the current price of bitcoin is approaching $ 70K.
And I also target to sell my bitcoin at a price of $ 100K next year, I think this is still reasonable and hopefully there will be no bad news next year.
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Hopefully before the end of this year, bitcoin will soon touch ATH because I see the price of bitcoin has been increasing and the current price of bitcoin is approaching $ 70K.
And I also target to sell my bitcoin at a price of $ 100K next year, I think this is still reasonable and hopefully there will be no bad news next year.
I do think it's pretty reasonable to assume so, there is not much time left for the Bull to start the rally for real, thus, we will see your expectations fulfilled, hopefully, and your portfolio green.
;)
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This agenda is basically based on the choice of the investor.While most investors wishes to hold bitcoin for price increase some still wishes to sell while its at a high price which is similar though.I myself still prefers the both as long as profit maximization is being aquired which i believe is also the mindset of all investors.
Anyways,it depends on which suits you more,buy or sell?
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This agenda is basically based on the choice of the investor.While most investors wishes to hold bitcoin for price increase some still wishes to sell while its at a high price which is similar though.I myself still prefers the both as long as profit maximization is being aquired which i believe is also the mindset of all investors.
Anyways,it depends on which suits you more,buy or sell?
Everyone has a target to sell their bitcoin, if I split my bitcoin investment in two. I sell my bitcoin following the market movement for the short and medium term and half I keep holding for the long term and will sell it next year.
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This agenda is basically based on the choice of the investor.While most investors wishes to hold bitcoin for price increase some still wishes to sell while its at a high price which is similar though.I myself still prefers the both as long as profit maximization is being aquired which i believe is also the mindset of all investors.
Anyways,it depends on which suits you more,buy or sell?
Everyone has a target to sell their bitcoin, if I split my bitcoin investment in two. I sell my bitcoin following the market movement for the short and medium term and half I keep holding for the long term and will sell it next year.
For bitcoin, I only sell it for next year while I sell altcoins when I have made a profit and I use it for trading.
that's the way I do it now, because I focus on daily trading and I bought bitcoin 2 years ago and I will hold it until the bullish peak next year according to my target price.
I choose some top coins and sometimes meme coins for my daily trading, and it's quite profitable.
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That's right. We are all human and we all have to think realistically. We live in a world of money and you can't just believe in the idea of Bitcoin and be hungry. So I buy low and sell high.
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That's right. We are all human and we all have to think realistically. We live in a world of money and you can't just believe in the idea of Bitcoin and be hungry. So I buy low and sell high.
Indeed, we need to be realistic in managing Investment, especially in this world that is characterized by a volatile price like the bitcoin. Even though every person should trust in this idea or in Bitcoin’s future, one needs to pay the bills today and is faced with everyday realities of life. It makes a lot of sense to buy cheap and sell high in order to strike a balance between profit making and nurturing life. One must stay agile with movements of the market to be able to capitalize on profit booms without being in a compromising position financial security to be able to feed or meet basic needs. This way, we uphold the principle of combining the exploration of Bitcoin as an asset class with necessary life commitments.
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That's right. We are all human and we all have to think realistically. We live in a world of money and you can't just believe in the idea of Bitcoin and be hungry. So I buy low and sell high.
the answer is full of confidence, I like answers like this ... actually everyone here must also feel happy when they start getting money from Bitcoin ... yes I myself can't say that it is wrong, because money is a necessity for all of us ... we need to eat and we also need to pay bills, how nice it would be if someone got another source of income with a job that is not binding like investing in Bitcoin ...
however, if we think idealistically I think it can also bring something bigger ... let's say Bitcoin is ideal for us to be adopted globally ... this will automatically provide benefits for us because there will be a lot of money flowing into bitcoin. in the end, we also get the benefits.
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That's right. We are all human and we all have to think realistically. We live in a world of money and you can't just believe in the idea of Bitcoin and be hungry. So I buy low and sell high.
the answer is full of confidence, I like answers like this ... actually everyone here must also feel happy when they start getting money from Bitcoin ... yes I myself can't say that it is wrong, because money is a necessity for all of us ... we need to eat and we also need to pay bills, how nice it would be if someone got another source of income with a job that is not binding like investing in Bitcoin ...
however, if we think idealistically I think it can also bring something bigger ... let's say Bitcoin is ideal for us to be adopted globally ... this will automatically provide benefits for us because there will be a lot of money flowing into bitcoin. in the end, we also get the benefits.
Yup love this answer...
Thinking realistically where to invest in bitcoin to seek the maximum profit when there is an opportunity for us, we will take advantage of the important thing that has made a profit.
Like me, let's say the target is to sell at $100K for some bitcoin and the rest when it goes up because I want to find high profits again.
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That's right. We are all human and we all have to think realistically. We live in a world of money and you can't just believe in the idea of Bitcoin and be hungry. So I buy low and sell high.
the answer is full of confidence, I like answers like this ... actually everyone here must also feel happy when they start getting money from Bitcoin ... yes I myself can't say that it is wrong, because money is a necessity for all of us ... we need to eat and we also need to pay bills, how nice it would be if someone got another source of income with a job that is not binding like investing in Bitcoin ...
however, if we think idealistically I think it can also bring something bigger ... let's say Bitcoin is ideal for us to be adopted globally ... this will automatically provide benefits for us because there will be a lot of money flowing into bitcoin. in the end, we also get the benefits.
If Bitcoin is adopted globally, this has an impact on Bitcoin and Crypto Market, because Bitcoin's popularity will increase and the price will be more expensive. But will the government allow that? This is what we have to be a pemiKran us as Crypto lover, because the government will definitely keep Fiat and try to make Crypto not dominate the market in their country.
I also think about investing in Bitcin we will benefit, and that is my reason for staying at the time.
Yup love this answer...
Thinking realistically where to invest in bitcoin to seek the maximum profit when there is an opportunity for us, we will take advantage of the important thing that has made a profit.
Like me, let's say the target is to sell at $100K for some bitcoin and the rest when it goes up because I want to find high profits again.
Yeah, in life and have targets and renacana we must think realistically because with realistic thinking we are more easily achieved the targets we determine.
As you targeted $ 1K is a taget that is reasonable and it is likely to be achieved earlier next year.
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That's right. We are all human and we all have to think realistically. We live in a world of money and you can't just believe in the idea of Bitcoin and be hungry. So I buy low and sell high.
the answer is full of confidence, I like answers like this ... actually everyone here must also feel happy when they start getting money from Bitcoin ... yes I myself can't say that it is wrong, because money is a necessity for all of us ... we need to eat and we also need to pay bills, how nice it would be if someone got another source of income with a job that is not binding like investing in Bitcoin ...
however, if we think idealistically I think it can also bring something bigger ... let's say Bitcoin is ideal for us to be adopted globally ... this will automatically provide benefits for us because there will be a lot of money flowing into bitcoin. in the end, we also get the benefits.
Yup love this answer...
Thinking realistically where to invest in bitcoin to seek the maximum profit when there is an opportunity for us, we will take advantage of the important thing that has made a profit.
Like me, let's say the target is to sell at $100K for some bitcoin and the rest when it goes up because I want to find high profits again.
We must take advantage of opportunities if we can get higher profits but must be realistic, agree with your opinion if we target the price of bitcoin at $ 100K we should be able to sell it gradually and wait for a higher opportunity to sell the remaining bitcoins that we still hold.
In investing we can plan but adjust to market conditions, maybe people say this is greedy but in my opinion we must be realistic and conditional with the plans and targets that we have determined at the beginning.
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That's right. We are all human and we all have to think realistically. We live in a world of money and you can't just believe in the idea of Bitcoin and be hungry. So I buy low and sell high.
the answer is full of confidence, I like answers like this ... actually everyone here must also feel happy when they start getting money from Bitcoin ... yes I myself can't say that it is wrong, because money is a necessity for all of us ... we need to eat and we also need to pay bills, how nice it would be if someone got another source of income with a job that is not binding like investing in Bitcoin ...
however, if we think idealistically I think it can also bring something bigger ... let's say Bitcoin is ideal for us to be adopted globally ... this will automatically provide benefits for us because there will be a lot of money flowing into bitcoin. in the end, we also get the benefits.
Yup love this answer...
Thinking realistically where to invest in bitcoin to seek the maximum profit when there is an opportunity for us, we will take advantage of the important thing that has made a profit.
Like me, let's say the target is to sell at $100K for some bitcoin and the rest when it goes up because I want to find high profits again.
We must take advantage of opportunities if we can get higher profits but must be realistic, agree with your opinion if we target the price of bitcoin at $ 100K we should be able to sell it gradually and wait for a higher opportunity to sell the remaining bitcoins that we still hold.
In investing we can plan but adjust to market conditions, maybe people say this is greedy but in my opinion we must be realistic and conditional with the plans and targets that we have determined at the beginning.
We would really be lying if we would really be telling out that we are just dealing up with this market just because we do support its utility but actually we are all that dealing up with this stuff because we are really that trying out to make money or profits on which this is indeed the reality. It will really be that recommended that you should really be setting out those realistic goals
on which you could really be able to make yourself at least that be able to snip out or secure profits on the moment that it will be hitting up your target. Each person would really be having their own sell threshold on which there would be those individuals who wouldnt really be that mindful about selling in short time since they would really be holding for long period of years.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
The majority holding bitcoin are holding on to them because of the future benefit of it, as an investment that they’re expecting to grow and they take their profit from it. Majority may be holding for some other reasons and not just for the rewarding sake of it but you’ll only find few people in the category of learning about the technology and knowing what they really encompass in what they’re holding. I honestly holding to some of them because of the profit I’ll get from them and also learning about the technologies around it. You can’t be holding on to something without knowing the concept on which it works on.
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We would really be lying if we would really be telling out that we are just dealing up with this market just because we do support its utility but actually we are all that dealing up with this stuff because we are really that trying out to make money or profits on which this is indeed the reality. It will really be that recommended that you should really be setting out those realistic goals
on which you could really be able to make yourself at least that be able to snip out or secure profits on the moment that it will be hitting up your target. Each person would really be having their own sell threshold on which there would be those individuals who wouldnt really be that mindful about selling in short time since they would really be holding for long period of years.
I agree we must have realistic goals, in targeting the coins we hold after observing we must plan the threshold of selling according to what we have planned. Because the target we have planned will be the initial benchmark, but everything can change if the market changes.
for those who do not care about selling in the short term and decide to hold for the long term, it is a decision that goes through careful consideration. And everyone can be different according to their respective plans and strategies.
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Some of the discussions here, mostly about bitcoin prices, and that assumes you are using Bitcoin as your own personal money-making machine...
Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?
Just curious to see how many people (on this forum) use BTC for other than trading...
The majority holding bitcoin are holding on to them because of the future benefit of it, as an investment that they’re expecting to grow and they take their profit from it. Majority may be holding for some other reasons and not just for the rewarding sake of it but you’ll only find few people in the category of learning about the technology and knowing what they really encompass in what they’re holding. I honestly holding to some of them because of the profit I’ll get from them and also learning about the technologies around it. You can’t be holding on to something without knowing the concept on which it works on.
We do the right thing by taking our knowledge of the technology underlying Bitcoin a step further, because only such an understanding can not only bolster our confidence in an asset owned, but also reveal further opportunities for its development. By learning how the blockchain technology works and factors of decentralization the attention is paid not only on the profits which could be received but also on the potential benefits which can be achieved using it as financial freedom and privacy protection. The detailed study reveals more understanding and gives vision to look at the existing technology called Bitcoin is an investment tool but, it also is tool that could potentially cause drastic change the financial sector and social sphere.
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Yup love this answer...
Thinking realistically where to invest in bitcoin to seek the maximum profit when there is an opportunity for us, we will take advantage of the important thing that has made a profit.
Like me, let's say the target is to sell at $100K for some bitcoin and the rest when it goes up because I want to find high profits again.
Yeah, in life and have targets and renacana we must think realistically because with realistic thinking we are more easily achieved the targets we determine.
As you targeted $ 1K is a taget that is reasonable and it is likely to be achieved earlier next year.
Honestly, for now, I already have 100% profit from bitcoin investment because buying started from the price of $25K even though I don't take profits now because I see the potential price of bitcoin will rise again, so being a little patient will be better so that the profit can be at 3x it is much greater than my expectations.
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Well I started out just holding for the money gain, but got curious about the tech
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There is no personal answer to this question but it is everyone's own intuition that the amount of time long enough to hold bitcoins depends on various factors, such as your investment goals, risk tolerance and financial situation. Many experts recommend a longer holding period of at least one year but that's acceptable to me. On the other hand, you can hold for a very short time because the price of bitcoin fluctuates rapidly. Moreover, any financial investment carries some risk unless you can predict the future. While trading cryptocurrencies using technical analysis and keeping your finger on the crypto pulse and without financial acumen, it would be ideal to leave your money for the long term. Anyway you buy at dip price and sell at pump time and try to make small profit, if you want to plan with short time investment.
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Honestly, for now, I already have 100% profit from bitcoin investment because buying started from the price of $25K even though I don't take profits now because I see the potential price of bitcoin will rise again, so being a little patient will be better so that the profit can be at 3x it is much greater than my expectations.
Stay on hold and make more profits, but it depends on what the target price you have to reach for your Bitcoin investment.
You certainly need profits, so don't miss the target price that you will reach.
You're lucky enough to be able to buy Bitcoin at $25k and that's a very low price compared to now.
If you can afford to hold up to $100k+++ you will make more profits.
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Yes, I am holding until price increase and will start sales as soon as price reaches 100k/150k. I had been accumulating it since 2019, sold a bit at 50k, around 70k. Now holding until price reaches my next milestone. Since trading and investing are not main income sources, I havent invested tens or hundred thousand worth into Bitcoin. This also allows myself to hold it as long as necessary.
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Yes, I am holding until price increase and will start sales as soon as price reaches 100k/150k. I had been accumulating it since 2019, sold a bit at 50k, around 70k. Now holding until price reaches my next milestone. Since trading and investing are not main income sources, I havent invested tens or hundred thousand worth into Bitcoin. This also allows myself to hold it as long as necessary.
I think this is a unique rare situation when cryptocurrencies are not the main source of income. Rarely does an experienced crypto trader turn out to be the one who has large side incomes. And this is cool, because judge for yourself, you have an unbiased view on cryptocurrency trading because you are not cornered by thoughts about what will happen if you lose everything in trading.
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Yes, I am holding until price increase and will start sales as soon as price reaches 100k/150k. I had been accumulating it since 2019, sold a bit at 50k, around 70k. Now holding until price reaches my next milestone. Since trading and investing are not main income sources, I havent invested tens or hundred thousand worth into Bitcoin. This also allows myself to hold it as long as necessary.
I think this is a unique rare situation when cryptocurrencies are not the main source of income. Rarely does an experienced crypto trader turn out to be the one who has large side incomes. And this is cool, because judge for yourself, you have an unbiased view on cryptocurrency trading because you are not cornered by thoughts about what will happen if you lose everything in trading.
many people still have their main income from real world jobs and crypto trading is just a sideline, I think this is the safest method because the crypto market is very volatile and we cannot possibly cut losses in trading if we have needs and must fulfill them. so we should still have our main job.
I also do long-term trading and investment but I still focus on working at my office.
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Yes, I am holding until price increase and will start sales as soon as price reaches 100k/150k. I had been accumulating it since 2019, sold a bit at 50k, around 70k. Now holding until price reaches my next milestone. Since trading and investing are not main income sources, I havent invested tens or hundred thousand worth into Bitcoin. This also allows myself to hold it as long as necessary.
I think this is a unique rare situation when cryptocurrencies are not the main source of income. Rarely does an experienced crypto trader turn out to be the one who has large side incomes. And this is cool, because judge for yourself, you have an unbiased view on cryptocurrency trading because you are not cornered by thoughts about what will happen if you lose everything in trading.
many people still have their main income from real world jobs and crypto trading is just a sideline, I think this is the safest method because the crypto market is very volatile and we cannot possibly cut losses in trading if we have needs and must fulfill them. so we should still have our main job.
I also do long-term trading and investment but I still focus on working at my office.
Agreed, it is necessary to mention that crypto trading might be a dangerous move, as the income from trading is never stable due to fluctuation of fluctuations. This is why having a main job is important because at least we will have an assured form of income and should there be issues of losses in trading then it will not be so detrimental as it would be if it were one’s only source of income. However, there’s a bottleneck in this system if crypto trading is the only primary concern; then, we have a major problem whenever the market dips, and this can directly affect our pocket. One can still have another source of income so that when making decisions concerning trading, you do not have to get pressured by the performance of the investment.
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Agreed, it is necessary to mention that crypto trading might be a dangerous move, as the income from trading is never stable due to fluctuation of fluctuations. This is why having a main job is important because at least we will have an assured form of income and should there be issues of losses in trading then it will not be so detrimental as it would be if it were one’s only source of income.
Then what if crypto is just their place to make money.
I myself have been in crypto for 4 full years and my income is even greater than my real job a few years ago.
It's about how to take advantage of every opportunity, not just trading or investing, any job in crypto can provide good advice as long as you can be consistent and you can work on it.
In addition, to maintain a portfolio and increase income, investing and trading will be another job aimed at growing the portfolio.
So not only trading, holding Bitcoin, but crypto can be broader than that and can make more money with some of the skills you have.
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Agreed, it is necessary to mention that crypto trading might be a dangerous move, as the income from trading is never stable due to fluctuation of fluctuations. This is why having a main job is important because at least we will have an assured form of income and should there be issues of losses in trading then it will not be so detrimental as it would be if it were one’s only source of income.
Then what if crypto is just their place to make money.
I myself have been in crypto for 4 full years and my income is even greater than my real job a few years ago.
It's about how to take advantage of every opportunity, not just trading or investing, any job in crypto can provide good advice as long as you can be consistent and you can work on it.
In addition, to maintain a portfolio and increase income, investing and trading will be another job aimed at growing the portfolio.
So not only trading, holding Bitcoin, but crypto can be broader than that and can make more money with some of the skills you have.
Yes, we can earn income from crypto, there are many things we can do. For now, I am only a trader and holder, sometimes I also participate in bounty campaigns and airdrops.
There are those who have other skills, maybe as a holder, it all depends on each person's abilities.
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Agreed, it is necessary to mention that crypto trading might be a dangerous move, as the income from trading is never stable due to fluctuation of fluctuations. This is why having a main job is important because at least we will have an assured form of income and should there be issues of losses in trading then it will not be so detrimental as it would be if it were one’s only source of income.
Then what if crypto is just their place to make money.
I myself have been in crypto for 4 full years and my income is even greater than my real job a few years ago.
It's about how to take advantage of every opportunity, not just trading or investing, any job in crypto can provide good advice as long as you can be consistent and you can work on it.
In addition, to maintain a portfolio and increase income, investing and trading will be another job aimed at growing the portfolio.
So not only trading, holding Bitcoin, but crypto can be broader than that and can make more money with some of the skills you have.
Yes, we can earn income from crypto, there are many things we can do. For now, I am only a trader and holder, sometimes I also participate in bounty campaigns and airdrops.
There are those who have other skills, maybe as a holder, it all depends on each person's abilities.
Indeed, We can earn income within the crypto space by being a trader, investor, or by participating within bounty campaigns and airdrops. When it comes to supporting their candidates everyone has their own style with regards to skills and preferences. For instance, the traders concentrate on purchasing and selling different types of the assets in the hope that the prices will form higher levels in future while holders hold the assets in the hope that they will form higher prices in future. At the same time, it is also possible to get tokens in bounty campaigns, or through airdrops if you are an active member of the cryptocurrency community. These provide the various career prospects as a result of eventually, and depending on the specific plan and training course of action.
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Indeed, We can earn income within the crypto space by being a trader, investor, or by participating within bounty campaigns and airdrops. When it comes to supporting their candidates everyone has their own style with regards to skills and preferences. For instance, the traders concentrate on purchasing and selling different types of the assets in the hope that the prices will form higher levels in future while holders hold the assets in the hope that they will form higher prices in future. At the same time, it is also possible to get tokens in bounty campaigns, or through airdrops if you are an active member of the cryptocurrency community. These provide the various career prospects as a result of eventually, and depending on the specific plan and training course of action.
In the crypto world, Whereas we have a chance to earn income in the form of an active trader that uses volatility of prices, a long-term holder who waits for the price appraisals of an asset, or bounties and airdrops where tokens are distributed in exchange for contribution to the project. They have flexibility that lets every one of us to select what is suited to us and what we want to do. Some crypto users engage in airdrops or bounties in other to increase portfolio, this is proof that this opportunity is big in the world or cryptocurrencies whether as a source of income or as supplemental income.