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Author Topic: Benefits of Holding Bitcoin Long Term  (Read 1650 times)

Offline TopT3ns

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Re: Benefits of Holding Bitcoin Long Term
« Reply #45 on: February 03, 2024, 08:51:31 AM »
]Yeah, we want to predict the price of bitcoin accurately, I think we shoukd hold for long term. It's benefit hold for long term. But if have good knowledge and prediction for short term, I think do trading is good and profitable.
Maybe many people here do both, as holder also do trading in spare time.
Holding Bitcoin to get a lot of results is a very good step, but you also need to pay attention that every prediction is not completely accurate and each person's economic condition is different, some suddenly need money and are forced to sell first before the price is very expensive, but when you don't need money in the near future then putting all the money you have in Bitcoin is a smart choice.

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Re: Benefits of Holding Bitcoin Long Term
« Reply #45 on: February 03, 2024, 08:51:31 AM »

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Online bitterguy28

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Re: Benefits of Holding Bitcoin Long Term
« Reply #46 on: February 03, 2024, 09:29:33 AM »
If you hold Bitcoin for a long period of time you will definitely have the best holding. Halving of 2024 is the most likely time for Bitcoin price to improve this year according to experts. If you are looking at the Halving in 2020, you will definitely get an idea of ​​the Bitcoin market. Before the 2020 halving, Bitcoin was worth $17,000. But the year after bitcoin halving. in 2021, the price of bitcoin touched 69k dollars.This time all the people who are expert about Bitcoin estimate that after the Bitcoin halving in 2024, the price of Bitcoin is very likely to reach 150k dollars. So you can get maximum price of Bitcoin in just one to two year holding, so you should invest in Bitcoin fast. In the long term, the holding is likely to get two to three times the benefit.
if you truly understand what you are saying mate then you should have known that it is not 2024 is the bull market instead this is 2025 , you mentioned 2020 halving take effect after a year at 2021 so now that  2024 then the next step is 2025.
Bull might not come this year though it may cost 50k and above but not enough to break ATH of 2021.

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Re: Benefits of Holding Bitcoin Long Term
« Reply #47 on: February 03, 2024, 10:08:05 AM »
If you hold Bitcoin for a long period of time you will definitely have the best holding.
Yeah you are right in times of Bitcoin considering how volatile it can be the best way is true holding but however is quite unfortunate that most people prefers short-time holding because of the greed of taking advantage of the market when there investment is on profits, and sometimes after selling there Bitcoin they could hardly see another opportunity to buy again, however in as much as the only way to see the true potential of Bitcoin is through holding but it takes determination to be able to hold because there would always be some temptations along the line. But whichever way we view it holding is always the best because if we consider those that invested 10 years ago and how much there investment has worth now you will see the need why we must hold.

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Re: Benefits of Holding Bitcoin Long Term
« Reply #48 on: February 03, 2024, 09:16:49 PM »
While past halvings have indeed been accompanied by an increase in the price of Bitcoin, predicting future changes in the cryptocurrency's value is always challenging. Halving is a significant event, but the Bitcoin market is also influenced by a multitude of factors, including regulations, technological updates, and market sentiment. I wouldn't place too much hope on halving, as there's a possibility that the market might not react significantly to it.
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Re: Benefits of Holding Bitcoin Long Term
« Reply #49 on: February 03, 2024, 10:31:21 PM »
If you hold Bitcoin for a long period of time you will definitely have the best holding. Halving of 2024 is the most likely time for Bitcoin price to improve this year according to experts.
Of course. Because holding is one of the things that has quite a significant influence in the crypto business. Many people decide to invest and hold for quite a long period of time or for a certain period in Bitcoin. Because if you look at the general cycle, Bitcoin will definitely rise significantly in the next bullish era. Even though there is no 100% guarantee, based on market cycles and habits, this will happen whether it is this year or next year. What is certain, we need to prepare it well in order to get optimal results in our opinion.

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Re: Benefits of Holding Bitcoin Long Term
« Reply #50 on: February 03, 2024, 10:51:07 PM »
This time all the people who are expert about Bitcoin estimate that after the Bitcoin halving in 2024, the price of Bitcoin is very likely to reach 150k dollars.
I think the word "likely" in your statement refers to the fact that it's not quite clear how likely it is that the price of bitcoin will hit $150,000 during the bull run. It may drop beneath it or over it.

Since crypto investors are unable to accurately predict the price of Bitcoin, I don't take it personally when they make such predictions. Given the history of bitcoin prices, they can only speculate about a greater price than the previous ATH: "the upcoming halving to be higher in price than the previous halving." I hope this year's halving will follow suit by giving a new ATH by 2025.

Offline DaNNy001

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Re: Benefits of Holding Bitcoin Long Term
« Reply #51 on: February 03, 2024, 10:56:23 PM »
Holding for the long term is a good decision in Bitcoin investment, because your chances of getting a profit are quite high. It is also easier for long-term investments, compared to short-term trading, because traders don't need to be tired of setting up trading strategies and they only need to invest periodically in Bitcoin and set future goals until they later get a profit from the investment.
I think it's not only traders that set up strategies for their trading sessions as I believe even the holders too themselves do set up strategies and techniques to follow up with their savings.
1. DCAing is the method and strategy of actually buying bitcoin with a particular fixed amount until it's reaches the set amount or set period before thinking of utilizing the coins for sale purposes.
2. Buying the Dip, well as the name sounds, it all about watching the price in the market for major or minors dip so that you can and stark, as the period of buying when low is always better than buying the price is already high.

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Re: Benefits of Holding Bitcoin Long Term
« Reply #51 on: February 03, 2024, 10:56:23 PM »


Online armanda90

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Re: Benefits of Holding Bitcoin Long Term
« Reply #52 on: February 03, 2024, 11:12:44 PM »
Halving is a significant event, but the Bitcoin market is also influenced by a multitude of factors, including regulations, technological updates, and market sentiment. I wouldn't place too much hope on halving, as there's a possibility that the market might not react significantly to it.
Halving most waiting and significant event by holder, but left few months before halving not any increasing movement yet I don't really expected with this time halving bitcoin success break to higher price?

actually for long term holding they not really expected with halving or not because they want earn much profitable in long term, for short term holding less benefit but consistency earn profit with bitcoin in weekly or try it monthly. I prefer for long term holding has much benefit earned.

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Re: Benefits of Holding Bitcoin Long Term
« Reply #53 on: February 03, 2024, 11:46:14 PM »
Halving most waiting and significant event by holder, but left few months before halving not any increasing movement yet I don't really expected with this time halving bitcoin success break to higher price?

actually for long term holding they not really expected with halving or not because they want earn much profitable in long term, for short term holding less benefit but consistency earn profit with bitcoin in weekly or try it monthly. I prefer for long term holding has much benefit earned.
Indeed. Everyone is waiting for the Bitcoin halving because it triggers the price of Bitcoin and altcoins to skyrockets in the next few months. Sure, we expect the Bitcoin halving will succeed. Why you don't think it will be success? I think the previous bullrun season always showed the success of Bitcoin halving.

A long term holder also expect more with Bitcoin halving. They know if it is one of important factor to increase the Bitcoin price. Even, people who target to take profits in 4 years will depend on the Bitcoin halving.


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Re: Benefits of Holding Bitcoin Long Term
« Reply #54 on: February 03, 2024, 11:58:49 PM »
...//:::

Well, if we choose the right dates, of course we will always have the prices we want to make a profit.

Depending on where you look on the graph or from when you started hodling, you can quantify the result as successful, hodling does not always have you on the positive side of profits, and new prices always have new holders, and in that idea The long term would not always have to bring profits of 2x, 3x or higher.

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Re: Benefits of Holding Bitcoin Long Term
« Reply #55 on: February 04, 2024, 12:18:52 AM »
If you hold Bitcoin for a long period of time you will definitely have the best holding. Halving of 2024 is the most likely time for Bitcoin price to improve this year according to experts. If you are looking at the Halving in 2020, you will definitely get an idea of ​​the Bitcoin market. Before the 2020 halving, Bitcoin was worth $17,000. But the year after bitcoin halving. in 2021, the price of bitcoin touched 69k dollars.This time all the people who are expert about Bitcoin estimate that after the Bitcoin halving in 2024, the price of Bitcoin is very likely to reach 150k dollars. So you can get maximum price of Bitcoin in just one to two year holding, so you should invest in Bitcoin fast. In the long term, the holding is likely to get two to three times the benefit.

Holding bitcoin long term is beneficial because you won’t be in loss.

Offline IvugeoEvolutionCoin

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Re: Benefits of Holding Bitcoin Long Term
« Reply #56 on: February 04, 2024, 01:17:43 AM »
Indeed. Everyone is waiting for the Bitcoin halving because it triggers the price of Bitcoin and altcoins to skyrockets in the next few months. Sure, we expect the Bitcoin halving will succeed. Why you don't think it will be success? I think the previous bullrun season always showed the success of Bitcoin halving.

A long term holder also expect more with Bitcoin halving. They know if it is one of important factor to increase the Bitcoin price. Even, people who target to take profits in 4 years will depend on the Bitcoin halving.
The halving of Bitcoin will of course be successful, but when talking about the increase in the price of Bitcoin after having it, it all depends on the conditions of the exchange. When demand increases, it will make it easy for the price to rise, but when there is bad news, the price will fall quickly, which is necessary. It is known that currently the price of Bitcoin has risen to become very expensive because it is approaching the halving, so when the halving occurs, it is best to be able to withdraw profits immediately so as not to get trapped at high prices.

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Re: Benefits of Holding Bitcoin Long Term
« Reply #57 on: February 04, 2024, 03:18:12 AM »
Long-term investing is very good to combine with stacking on exchanges, yes someone will say why keep your bitcoins on the exchange that it is not safe, but still I can not mention the fact that some exchanges give a good annual percentage for holding your bitcoins.

Hold bitcoin in reputable exchange , I think It's safe. Such as Binance, Huobi and kucoin. I have hold my assets in exchange for 5 five years until now, it's safe. But if no confident safe in exchange, better to safe in private wallet. Because it's about your money, if you doubt, don't do it.
There are many examples of how you can lose money, I agree with you that it is better to keep in trusted places or it is more correct to say in popular ones, in investing there is always a share of risk and if there is almost no risk ( if you keep bitcoin on your wallet ) then there is also profit .
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Re: Benefits of Holding Bitcoin Long Term
« Reply #58 on: February 04, 2024, 03:50:29 AM »
1. More profit in the long run - We know that Bitcoin in the long run can give us more profits especially when we are selling it during the bull market. Of course it will still depend on the decision of the investor because there might be some Bitcoin holders who are selling their holdings at a wrong time thus, their profits might get affected or worse, they might end up losing.

2. Lesser stress therefore, better life - Let's face it. Trading Bitcoin is more stressful than just buy and hold it right? Buying Bitcoin, and hoping that you can get more profit in the short to mid term, but there's a chance that your life might get affected because of stress. I'm holding Bitcoin for the long run, and currently not trading anymore, so I can say that it's less stressful if you will just hold your Bitcoin. Of course lesser stress, better life. :P

Holding Bitcoin for the long-term seems profitable, but it will all depend on the investor. It's all about timing. You can hold Bitcoin for 5 years, and end up losing because you sold it during the bear market. On the other hand, you can hold Bitcoin for 5 years, and end up with a huge profit because you bought during the bear market, and sold it during the bull market. :)

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Re: Benefits of Holding Bitcoin Long Term
« Reply #59 on: February 04, 2024, 06:31:52 AM »
Investing in long-term holdings is definitely more profitable at present. If $100 worth of assets can be invested at present, there is a possibility that this $100 worth of assets will increase by 2 to 3 times in 2025. At present Bitcoin price is under control which all investors are interested in investing. 
So all investors are invited to invest in Bitcoin at present. It is likely that the price of Bitcoin will certainly touch one and a half million dollars in 2025.

 

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