Are you holding BTC just for the price increase?

[bayu7adi]

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...

[TomPluz]

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.

[target]

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.

[Azharul]

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.

[_act_]

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.

[bitbit97]

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.

[hugeblack]

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.

[MrSpasybo]

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 ^^

[Cantsay]

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.

[Jewan420]

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.

[Crypto Library]

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.

[Crwth]

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.

[Captain Corporate]

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.

[Hamza2424]

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.

[JoyMarsha]

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.