I am a newbie so I want to know what season I can hold bitcoin.

[Jamal Aezaz]

Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.

I don't think that it is a better idea to not sell Bitcoin ever because everyone knows the value and importance of Bitcoin and such people are buying and selling bitcoin to get profit from it. If a person is not enjoying the profit from Bitcoin then there is no need to invest in Bitcoin because crypto is volatile and it gives us numerous opportunities to buy and sell at different costs and we have to take advantage of such a crypto.

I think we have to take profit no matter how long he keeps his Bitcoin but a time will come when he will take out his profit may be due to increased price or may be due to the need for money which is already increased in worth due to increase in the price of Bitcoin.

[SmartGold01]

Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.

I don't think that it is a better idea to not sell Bitcoin ever because everyone knows the value and importance of Bitcoin and such people are buying and selling bitcoin to get profit from it. If a person is not enjoying the profit from Bitcoin then there is no need to invest in Bitcoin because crypto is volatile and it gives us numerous opportunities to buy and sell at different costs and we have to take advantage of such a crypto.

I think we have to take profit no matter how long he keeps his Bitcoin but a time will come when he will take out his profit may be due to increased price or may be due to the need for money which is already increased in worth due to increase in the price of Bitcoin.

Those people who decides to hold for decades are they in any chance making a serious mistake and why have they chosen to hodl for this long if holding bitcoin for long without taking their profits seems not to be a good idea?

The thing is everyone chooses when they want to sell their bitcoin, and I know there are core holders who may want to hold for 10 years or 20 years time which is approximately 5 time halving and this could cause huge positive effects on bitcoin price.

[UNIVERSE]

I don't think that it is a better idea to not sell Bitcoin ever because everyone knows the value and importance of Bitcoin and such people are buying and selling bitcoin to get profit from it. If a person is not enjoying the profit from Bitcoin then there is no need to invest in Bitcoin because crypto is volatile and it gives us numerous opportunities to buy and sell at different costs and we have to take advantage of such a crypto.

Most people must sell their Bitcoin if it hits the target. I see most people only hold until the peak in bullrun season. It means people only hold for 3-4 years. People will buy again in the next bearish season when there is huge dump (drop) in Bitcoin price. People can have bigger number of Bitcoin if they got good profits in the previous cycle.

I think we have to take profit no matter how long he keeps his Bitcoin but a time will come when he will take out his profit may be due to increased price or may be due to the need for money which is already increased in worth due to increase in the price of Bitcoin.

Sure, people must have the intention to get profits. People must have their basic necessities, they also need money. It is just impossible to keep holding forever, normal people will need money in the future. Even if they don't need money, they won't miss the chance to earn good amount of money.

[Jamal Aezaz]

Those people who decides to hold for decades are they in any chance making a serious mistake and why have they chosen to hodl for this long if holding bitcoin for long without taking their profits seems not to be a good idea?

The thing is everyone chooses when they want to sell their bitcoin, and I know there are core holders who may want to hold for 10 years or 20 years time which is approximately 5 time halving and this could cause huge positive effects on bitcoin price.

They think that if they sell their Bitcoin then they will miss the huge profit in future but they don't know that the future is unpredictable so the current profit is better than to wait for the future. If someone wants to get reward from both present and future bull season so he should buy during dump and sell during pump and this process should be repeated for every four years of duration without any negative thoughts about Bitcoin declining as doubtful mind can only give you loss.

I think instead of keeping your Bitcoin for five lcontinuous halving if you buy at market dump and get profit when halving initiates it's effects then you will be profitable during each halving which will also have positive impacts on your investment process.

[SmartGold01]

Those people who decides to hold for decades are they in any chance making a serious mistake and why have they chosen to hodl for this long if holding bitcoin for long without taking their profits seems not to be a good idea?

The thing is everyone chooses when they want to sell their bitcoin, and I know there are core holders who may want to hold for 10 years or 20 years time which is approximately 5 time halving and this could cause huge positive effects on bitcoin price.

They think that if they sell their Bitcoin then they will miss the huge profit in future but they don't know that the future is unpredictable so the current profit is better than to wait for the future. If someone wants to get reward from both present and future bull season so he should buy during dump and sell during pump and this process should be repeated for every four years of duration without any negative thoughts about Bitcoin declining as doubtful mind can only give you loss.

I think instead of keeping your Bitcoin for five lcontinuous halving if you buy at market dump and get profit when halving initiates it's effects then you will be profitable during each halving which will also have positive impacts on your investment process.

Well we can't emerge the profit from holding for long time and sell immediately even though we find it very attractive selling now and take immediate profits nothing changes and the only thing I think that differs is from number of bitcoin that could be in your possession and they can't be same fraction but the value could be the same in dollars.
Let say instance, now that bitcoin is already 69k plus and investment of 1,000 dollars could be around 0.01445btc and when you sell and make profits now, after next 4 years to 10 years a bitcoin could worth $500,000 and if you multiple by 0.01445 which is about $7,200 yet you are holding Enough volume of BTC.
If you wanna buy 1k btc at price of $500k you would end up receiving less than 0.002btc or approximately.

[vegasus]

Well we can't emerge the profit from holding for long time and sell immediately even though we find it very attractive selling now and take immediate profits nothing changes and the only thing I think that differs is from number of bitcoin that could be in your possession and they can't be same fraction but the value could be the same in dollars.

If the goal is to obtain profits from investing in Bitcoin, of course we must understand various things related to the investment period or time period. As you have illustrated.

because, having understanding and knowledge really supports us to get optimal results. Meanwhile, if we don't have that knowledge, our investment could actually fail. Why? Yes, because there are periods of investment in Bitcoin, bearish and bullish eras. Don't let us buy it just before the bullish era, and because of ignorance we hold onto it and sell it 2 years later. Maybe they thought that if it had been 2 years the results would be much greater. However, they didn't know that 2 years after the bullish period, it was actually a bearish period. and this will actually result in a huge loss of money. For this reason, it is better to know when the target time for no profits is and also know and understand the bullish period or approaching the bullish peak season to take profits.

[ajiz138]

I think instead of keeping your Bitcoin for five lcontinuous halving if you buy at market dump and get profit when halving initiates it's effects then you will be profitable during each halving which will also have positive impacts on your investment process.

Yes I myself do that, I will sell it when I have made a profit, and when the market bleeds come I will collect it back. It's something I do constantly.

I can't wait until 5 halvings for example, because that will take a very long time, while we will miss the profits that are in front of us? I always set a target to take advantage of, and when the target is achieved I will immediately take it. I think this is a commitment to myself.

[God Of Thunder]

Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.

But unfortunately, people who never sold Bitcoins did nothing for the Bitcoin ecosystem. We may call Lazslo a stupid person who spent thousands of Bitcoins buying pizza, yet those were some milestones, and people understood that they could buy physical things by paying in Bitcoin. Someone has to use the payment method to keep running the system.

People who never sell their Bitcoin are loyal and know the fundamentals of Bitcoin. They have faith that Bitcoin will grow over time. But that does not mean average people aren't doing anything. The average person who makes transactions daily is the Bitcoin network's main fuel.

[SmartGold01]

Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.

But unfortunately, people who never sold Bitcoins did nothing for the Bitcoin ecosystem. We may call Lazslo a stupid person who spent thousands of Bitcoins buying pizza, yet those were some milestones, and people understood that they could buy physical things by paying in Bitcoin. Someone has to use the payment method to keep running the system.

People who never sell their Bitcoin are loyal and know the fundamentals of Bitcoin. They have faith that Bitcoin will grow over time. But that does not mean average people aren't doing anything. The average person who makes transactions daily is the Bitcoin network's main fuel.

That is for sure but I would also like to draw your attention towards the price of bitcoin as then compared to current price, don't you know that if bitcoin were 72k as then, there is no time he could used such amount to buy pizza just to make break a record. Just take a flash back with the current economy someone using about 10k btc to buy pizza do you think that would be possible with today's economy?
Well to answer you clearly, no one on earth could used such amount of BTC in dollars or worth of bitcoin to buy pizza.

[Dr.Bitcoin_Strange]

I don't know if anyone has suggested the DCA strategy to you, but that's so far the best accumulation strategy, especially for newbies who are enthusiastic about HODLing.

The DCA technique involves regularly buying smaller amounts or any amount that you feel comfortable with, at an interval you're also comfortable with, could be weekly, or monthly, depending on your income flow.

This process is just like saving money in a piggy bank regularly for a future purpose.
This method helps to ride out the short-term impacts of the market's fluctuation and make you feel less tensed about the market movement because you're buying at different market conditions and hoping to HODL for the long-term.

[God Of Thunder]

That is for sure but I would also like to draw your attention towards the price of bitcoin as then compared to current price, don't you know that if bitcoin were 72k as then, there is no time he could used such amount to buy pizza just to make break a record. Just take a flash back with the current economy someone using about 10k btc to buy pizza do you think that would be possible with today's economy?
Well to answer you clearly, no one on earth could used such amount of BTC in dollars or worth of bitcoin to buy pizza.

True.

But my point is someone has to start it. People have to use Bitcoin to let others know that it is valuable and that you can use it in real life. Since the value was too low back then, people had to use too many bitcoins to prove that it is usable. Buying pizza with 10K Bitcoin is just one example, and we know that because it happened on the forum.

I believe people spend enough time researching before they start holding Bitcoin. You cannot trust a digital asset without knowing much about it. Whoever started accumulating Bitcoin since the early days, either a dev, knows the bitcoin code, or is just loyal enough.

[SmartGold01]

That is for sure but I would also like to draw your attention towards the price of bitcoin as then compared to current price, don't you know that if bitcoin were 72k as then, there is no time he could used such amount to buy pizza just to make break a record. Just take a flash back with the current economy someone using about 10k btc to buy pizza do you think that would be possible with today's economy?
Well to answer you clearly, no one on earth could used such amount of BTC in dollars or worth of bitcoin to buy pizza.

True.

But my point is someone has to start it. People have to use Bitcoin to let others know that it is valuable and that you can use it in real life. Since the value was too low back then, people had to use too many bitcoins to prove that it is usable. Buying pizza with 10K Bitcoin is just one example, and we know that because it happened on the forum.

I believe people spend enough time researching before they start holding Bitcoin. You cannot trust a digital asset without knowing much about it. Whoever started accumulating Bitcoin since the early days, either a dev, knows the bitcoin code, or is just loyal enough.

Yes of course people knows about the usefulness of bitcoin currently than before when it has no popularity and exposure, currently the visibility of bitcoin to the entire globe can never be quantified or messured unlike before and today more people venture into bitcoin with regret because since then they never believed that bitcoin could be this known as a global currency. Lot of people wished they could turned back the hand of time to let them accumulates enough volume of Bitcoin without knowing it can never be possible except they engages themselves with DCA and watch out the market to buy when there is serious dump on bitcoin price.

[doc]

Yes of course people knows about the usefulness of bitcoin currently than before when it has no popularity and exposure, currently the visibility of bitcoin to the entire globe can never be quantified or messured unlike before and today more people venture into bitcoin with regret because since then they never believed that bitcoin could be this known as a global currency. Lot of people wished they could turned back the hand of time to let them accumulates enough volume of Bitcoin without knowing it can never be possible except they engages themselves with DCA and watch out the market to buy when there is serious dump on bitcoin price.

Yes, we can't turn back time to when bitcoin was first launched, at that time the price of bitcoin was very low. If we had bought bitcoin at that time, maybe we would be rich now. but forget it, it's all over, there's no need to regret. because there are still many opportunities to gain profits in the crypto world. We can buy bitcoin and other coins during the bearish season using the DCA method, although not as big as big investors, at least we have learned to start buying gradually.

[God Of Thunder]

Yes of course people knows about the usefulness of bitcoin currently than before when it has no popularity and exposure, currently the visibility of bitcoin to the entire globe can never be quantified or messured unlike before and today more people venture into bitcoin with regret because since then they never believed that bitcoin could be this known as a global currency. Lot of people wished they could turned back the hand of time to let them accumulates enough volume of Bitcoin without knowing it can never be possible except they engages themselves with DCA and watch out the market to buy when there is serious dump on bitcoin price.

They should not regret it. Everyone does not have coding skills or analysis skills. People had to research and understand many things before they started using bitcoin before. A Bitcoin user had to have a personal computer and run a Bitcoin node to start using Bitcoin back in the old days. Now it is super easy. We can just install an app from the Play Store, generate a seed phrase and then start using Bitcoin. But old timers had to struggle.

But, it is true that a to of people had a chance to buy Bitcoin from the 300 USD range when it was already proved that Bitcoin has potential. I was student without any Job when Bitcoin first touched 17K and a couple of months later, Bitcoin was down back to 3K again. Still people did not bought bitcoin. Which they may regret.

[doc]

Yes of course people knows about the usefulness of bitcoin currently than before when it has no popularity and exposure, currently the visibility of bitcoin to the entire globe can never be quantified or messured unlike before and today more people venture into bitcoin with regret because since then they never believed that bitcoin could be this known as a global currency. Lot of people wished they could turned back the hand of time to let them accumulates enough volume of Bitcoin without knowing it can never be possible except they engages themselves with DCA and watch out the market to buy when there is serious dump on bitcoin price.

They should not regret it. Everyone does not have coding skills or analysis skills. People had to research and understand many things before they started using bitcoin before. A Bitcoin user had to have a personal computer and run a Bitcoin node to start using Bitcoin back in the old days. Now it is super easy. We can just install an app from the Play Store, generate a seed phrase and then start using Bitcoin. But old timers had to struggle.

But, it is true that a to of people had a chance to buy Bitcoin from the 300 USD range when it was already proved that Bitcoin has potential. I was student without any Job when Bitcoin first touched 17K and a couple of months later, Bitcoin was down back to 3K again. Still people did not bought bitcoin. Which they may regret.

Actually, many people regret why they didn't buy bitcoin when the price was still cheap, this is natural because there are still doubts and fears, so they don't have the courage to buy. The ones who win are those who have good analysis at that time and have bought Bitcoin, the profits they get will definitely be big.