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Total Members Voted: 12
Voting closed: July 09, 2024, 10:48:54 PM
Quote from: philipma1957 on April 03, 2024, 02:18:49 PM.I mean, it still doesn't change the fact that I rather hold btc because if I am wrong then I can still keep holding btc and be 100k+ eventually. Sure if I am wrong, I could buy more than 1 btc with the 100k so that would be still bad, but its not like end of the world, I could still hold long term and get into 100k+ range eventually. But if I am right, I will have more than 100k without a doubt, and that's the reason why I would prefer BTC, because in one of them there is a long term solution to making a mistake, but in the other there is none.I would say a better calculation is still "you are given a choice, if you pick the right one you get the keep the money, if you are wrong then the money is taken from you", if that was the question then I would seriously consider my answer, because then there is something to lose.
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If I hold bitcoin for one year, it will definitely touch 159k dollars if it is possible to hold it from now until 2025. The sooner you engage in long-term holdings, the sooner you can reap the benefits. Because the Bitcoin price is poised to set record highs in this four-year halving cycle. From past halving history you can certainly learn about new bitcoin breath. Every halving bitcoin has set a new record for its price.
I thought about this a long time. Having to hodl the btc or the 100k for a year makes this a tough call. I think I would take the cash.
I'll go with 1 BTC. Having 100k and hold it for a year it remains the same. Unlike having BTC, the price is volatile which is the reason why investing is good because we can make money by it. If we hold it for 1 year for sure we can profit or we lose some value. But one thing for sure, Bitcoin is different, the price will go further as times go by especially this year the halving is approaching.
Quote from: jeraldskie11 on April 05, 2024, 05:15:06 AMI'll go with 1 BTC. Having 100k and hold it for a year it remains the same. Unlike having BTC, the price is volatile which is the reason why investing is good because we can make money by it. If we hold it for 1 year for sure we can profit or we lose some value. But one thing for sure, Bitcoin is different, the price will go further as times go by especially this year the halving is approaching.Not all coins that you hold for years can provide a lot of profit, even Bitcoin cannot provide a guarantee of profit, because when you buy Bitcoin when the price is ATH and the next movement is the price collapses then you have to wait at least 4 years for the price to increase again.
I assume it would be for this year so I take the Bitcoin because of the halving, there's a big probability that the price will go up to $100k further, and if I HODL before the start of this year I already made a profit, the $100k will not gain profit but its a safe HODL if the price of Bitcoin plummet.
If I hold bitcoin for one year, it will definitely touch 159k dollars if it is possible to hold it from now until 2025. The sooner you engage in long-term holdings, the sooner you can reap the benefits. Because the Bitcoin price is poised to set record highs in this four-year halving cycle.