How do you think is enough to hold?

[elbans89]

Knowledge about trading is really needed to create profits that can make you rich and become a professional trader, but you need to know that getting there requires a process that is not easy. You have to be willing to sacrifice a lot of money to learn, and of course it will produce results. when you have made a lot of profit from good and correct trading.

That's true, gaining experience, skills and knowledge takes a long time and of course you lose it when you make mistakes. I'm not a professional trader although did trader around 5 years ,often lost...hahahaha.
But my profit is more than lost. So I think trading is still profitable.

[Wiseman]

Greetings all and still on new year grove
I would like to know as a bitcoin holder and trader are you expected to hold bitcoin in short period? What if you hold for long and the price dropped to what you don't expect would be happy with your self just for example the bitcoin was already $47k plus heading to 48k and I know people bought at that price hoping it would crossed 50k before this new year but was surprised to see a price reaction making bitcoin dip below 42k though has been moving within $40k to $42k since from first week of January.

It all depends on how much money one has, I have some bitcoin and I don't really need it to live and I will hold it until the price goes over the 100k mark and then I will think about selling it, but maybe I will continue to hold it.

[IvugeoEvolutionCoin]

It all depends on how much money one has, I have some bitcoin and I don't really need it to live and I will hold it until the price goes over the 100k mark and then I will think about selling it, but maybe I will continue to hold it.

Holding the Bitcoin that you have is indeed your choice, but in reality, not everyone is able to hold the asset for a long time because sometimes when they have made a 20% profit, they sell it and are worried if the price goes down. So,  in my opinion, what you are doing is right and enjoying profits when the Bitcoin price reaches $100k.

[bhadz]

I have my BTC for long shot and that is why if I have to sell and short, I wouldn't do that with most of my holdings.
I will only sell a portion of it when I need to do so like if I am short in cash so that is what I am going to do if ever I am going to hold for short term. Otherwise, I am holding most of my btc for a long time until I have got tenfolds of profits.

[dekafee79]

I have my BTC for long shot and that is why if I have to sell and short, I wouldn't do that with most of my holdings.
I will only sell a portion of it when I need to do so like if I am short in cash so that is what I am going to do if ever I am going to hold for short term. Otherwise, I am holding most of my btc for a long time until I have got tenfolds of profits.

This is like what happened in my life when I tried to hold bitcoin for the long term, sometimes suddenly there was a sudden need, I was forced to sell some. That's why sometimes I also trade to get results. And also have staking in ethereum

[$crypto$]

I have my BTC for long shot and that is why if I have to sell and short, I wouldn't do that with most of my holdings.
I will only sell a portion of it when I need to do so like if I am short in cash so that is what I am going to do if ever I am going to hold for short term. Otherwise, I am holding most of my btc for a long time until I have got tenfolds of profits.

This is like what happened in my life when I tried to hold bitcoin for the long term, sometimes suddenly there was a sudden need, I was forced to sell some. That's why sometimes I also trade to get results. And also have staking in ethereum

Now this is what requires us to prepare everything carefully if we want to hold bitcoin for a very long period of time, we cannot do it without making any preparations.

I personally always divide the money for the allocation of buying bitcoin and also for saving cash. I can use cash when I have an urgent need without having to sell the bitcoin I have. so far it has made me safe to hold bitcoin without anything disturbing.

[bhadz]

I have my BTC for long shot and that is why if I have to sell and short, I wouldn't do that with most of my holdings.
I will only sell a portion of it when I need to do so like if I am short in cash so that is what I am going to do if ever I am going to hold for short term. Otherwise, I am holding most of my btc for a long time until I have got tenfolds of profits.

This is like what happened in my life when I tried to hold bitcoin for the long term, sometimes suddenly there was a sudden need, I was forced to sell some. That's why sometimes I also trade to get results. And also have staking in ethereum

It happens to everybody. We have to sell at some point even if we dislike that price and moment. But that particular sale that we do at that time really helps us solve that matter. With a heavy heart, we sell and we don't know if we can rebuy in the nearest future if we don't have any other source of income and only relies to our livelihood. But to those that are pursuing of accumulating back their quantity of holdings, they're pushing it to have them back.

[CryptoLaila]

Op I get your point and it's  normal to get inquisitive over one expectation on holding.
However, there will come  a time when you would have to use some some strategy which is trading while holding  simply trading small amounts  to buy dips and thus greatly works for those with larger accumulations .

[salad daging]

I have my BTC for long shot and that is why if I have to sell and short, I wouldn't do that with most of my holdings.
I will only sell a portion of it when I need to do so like if I am short in cash so that is what I am going to do if ever I am going to hold for short term. Otherwise, I am holding most of my btc for a long time until I have got tenfolds of profits.

It doesn't matter if you sell some of the BTC you have for other purposes or urgent... but selling all bitcoin at the current price then it will be said to be a loss even though you have made a profit buying in the price range of $20K because indeed the potential for bitcoin to rise will be even higher, so now stay patient and hold on until the market is really bullish.

I also have bitcoin in the portfolio that is almost 80% but I make sure not to sell in the near future, want to hold longer because I know bitcoin will be more valuable in the long run.
If for example the price is already $100K, I will sell some and HODL some.

[UNIVERSE]

I have my BTC for long shot and that is why if I have to sell and short, I wouldn't do that with most of my holdings.
I will only sell a portion of it when I need to do so like if I am short in cash so that is what I am going to do if ever I am going to hold for short term. Otherwise, I am holding most of my btc for a long time until I have got tenfolds of profits.

It doesn't matter if you sell some of the BTC you have for other purposes or urgent... but selling all bitcoin at the current price then it will be said to be a loss even though you have made a profit buying in the price range of $20K because indeed the potential for bitcoin to rise will be even higher, so now stay patient and hold on until the market is really bullish.

I also have bitcoin in the portfolio that is almost 80% but I make sure not to sell in the near future, want to hold longer because I know bitcoin will be more valuable in the long run.
If for example the price is already $100K, I will sell some and HODL some.

Maybe everyone has their own target. However, I agree with you, as long as there is no urgent need and it can still be handled without having to sell Bitcoin at this time, I personally will continue to hold BTC. Because even though there has been a significant increase compared to the bearish period of yesterday, the Bitcoin price still has a high chance of surpassing the ATH and then printing a new ATH. So, it would be better to be patient first while waiting for the most appropriate time to take profits by considering when the bullish era phase will occur.

[dekafee79]

Maybe everyone has their own target. However, I agree with you, as long as there is no urgent need and it can still be handled without having to sell Bitcoin at this time, I personally will continue to hold BTC. Because even though there has been a significant increase compared to the bearish period of yesterday, the Bitcoin price still has a high chance of surpassing the ATH and then printing a new ATH. So, it would be better to be patient first while waiting for the most appropriate time to take profits by considering when the bullish era phase will occur.

Me too, I won't sell my bitcoins either, when I really need it I'd rather sell other things in my life. I will wait for the right time to sell bitcoin. since bitcoin is my favorite coin, I will sell it when it hits the highest number.

[Power420]

Greetings all and still on new year grove
I would like to know as a bitcoin holder and trader are you expected to hold bitcoin in short period? What if you hold for long and the price dropped to what you don't expect would be happy with your self just for example the bitcoin was already $47k plus heading to 48k and I know people bought at that price hoping it would crossed 50k before this new year but was surprised to see a price reaction making bitcoin dip below 42k though has been moving within $40k to $42k since from first week of January.

It is normal for Bitcoin price to fluctuate, there is no doubt that you can invest in Bitcoin at any time at any price. As the Bitcoin halving will take place in April 2024 in our future. A big bull market awaits after this halving. If we reach this bull run, Bitcoin price will touch at least $100k to $150k.  That's why if you invest in Bitcoin now, you will definitely get double benefit in just 1 to 2 years.

[0t3p0t]

Greetings all and still on new year grove
I would like to know as a bitcoin holder and trader are you expected to hold bitcoin in short period? What if you hold for long and the price dropped to what you don't expect would be happy with your self just for example the bitcoin was already $47k plus heading to 48k and I know people bought at that price hoping it would crossed 50k before this new year but was surprised to see a price reaction making bitcoin dip below 42k though has been moving within $40k to $42k since from first week of January.

It is normal for Bitcoin price to fluctuate, there is no doubt that you can invest in Bitcoin at any time at any price. As the Bitcoin halving will take place in April 2024 in our future. A big bull market awaits after this halving. If we reach this bull run, Bitcoin price will touch at least $100k to $150k.  That's why if you invest in Bitcoin now, you will definitely get double benefit in just 1 to 2 years.

Exactly as some other investors believe that at the end of 2025 Bitcoins price might be at the range of more or less $100k. The only way to maximize our profit if ever that will happen is to DCA right now and hodl until next year just to find out if it really is accurate but if not, nothings a big deal just continue hodling.

[EthereumDev_]

Exactly as some other investors believe that at the end of 2025 Bitcoins price might be at the range of more or less $100k. The only way to maximize our profit if ever that will happen is to DCA right now and hodl until next year just to find out if it really is accurate but if not, nothings a big deal just continue hodling.

The price of Bitcoin in 2025 will be a bull run so that the price of Bitcoin will easily reach $100k. What you need to do is keep buying Bitcoin, whatever capital you have, because Bitcoin is a future asset that is capable of giving you a lot of profit because the price can be very expensive when miners are already having a hard time getting Bitcoin.

[dekafee79]

Exactly as some other investors believe that at the end of 2025 Bitcoins price might be at the range of more or less $100k. The only way to maximize our profit if ever that will happen is to DCA right now and hodl until next year just to find out if it really is accurate but if not, nothings a big deal just continue hodling.

The price of Bitcoin in 2025 will be a bull run so that the price of Bitcoin will easily reach $100k. What you need to do is keep buying Bitcoin, whatever capital you have, because Bitcoin is a future asset that is capable of giving you a lot of profit because the price can be very expensive when miners are already having a hard time getting Bitcoin.

Bitcoin will get more expensive ahead of the bull run, and by 2025 it will probably reach over $100K. because I read some investors have very high predictions of more than $150K. I intend to buy bitcoin again when there is a deeper correction.