Are you holding BTC just for the price increase?

[sampoerna]

I'm always supporting Bitcoin, for whatever the technology, development, and condition.
But honestly, the main target of holding Bitcoin is to get profits. No matter how long I hold it, the main goal is to get profits as expected.

And I think that's fine and doesn't mean that I don't support Bitcoin. Because what is certain is that we can protect ourselves and not panic when the market crashes, and also not spread FUD when our portfolio drops due to corrections or bearish eras. So, just keep supporting, keep holding as long as the price target has not been reached.

[examplens]

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 use Bitcoin as money, just as it was initially the creator's idea, as peer-to-peer. Honestly, I prefer to keep value in my hardware wallet than in fiat, regardless of cash or bank. I only convert to fiat money when I need it for payments that I can't make with Bitcoin.

[NotATether]

Now let's be real right now, if you are visiting ALTCOINSTALKS, then you certainly have some previous knowledge of Bitcoin and other cryptocurrencies in general, and so you certainly would not be holding coins just for the price rise that will happen some time this year. That would be foolish for you, and you'd miss out on more gains if you exited early.

[robelneo]

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 would like to be honest, yes, I'm using Bitcoin for profit, but I'm also for paying to my domain registrar and other shops where I purchase where Bitcoin is an option to use, We should not only hold Bitcoin but should use it for what it is intended for and that as payment processor where available because that's what Satoshi envioned in the first place.

[bounceback]

I would like to be honest, yes, I'm using Bitcoin for profit, but I'm also for paying to my domain registrar and other shops where I purchase where Bitcoin is an option to use, We should not only hold Bitcoin but should use it for what it is intended for and that as payment processor where available because that's what Satoshi envioned in the first place.

Right now have many domain website support using payment trough bitcoin and its get easily payment process than using PayPal or other digital currency payment transaction. But for my self bitcoin only as digital currency transaction waiting for increasing price only or as commodity investment assets.
I think many people use bitcoin for investment assets only and waiting when the moment price will increase, not all people have ability using bitcoin as payment transaction because most of their transaction not supported yet using bitcoin.

[0t3p0t]

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 personally hodl Bitcoin because of it's price, decentralization and future proof investment asset. Most of the time I trade because I don't have a stable job therefore my weekly rewards from signature campaign is my only stable source of income right now that is why I mostly withdraw portions if not all. Here in my country inflation is getting higher so hodling Bitcoin would be the best choice to counter that issue.

[Asiska02]

Is there anyone here holding BTC to learn the technology? Or maybe predominantly using it for trading?

Many people have learnt the Bitcoin technology without holding any cent of bitcoin in their wallet and are now among the experts of the technology. I hold bitcoin because of an investment I will sell after it reaches my target that I put to sell out my investments. Learning the technology can be done even if you do not hold bitcoin, mate. Also hold because of the decentralisation and profit it brings after a long time. 

I would like to be honest, yes, I'm using Bitcoin for profit, but I'm also for paying to my domain registrar and other shops where I purchase where Bitcoin is an option to use, We should not only hold Bitcoin but should use it for what it is intended for and that as payment processor where available because that's what Satoshi envioned in the first place.

Many people wish to use it the same as it was created for, but only a few places accept bitcoin as a method of payment. Some people know about bitcoin but can’t put it among their methods of payment because of how volatile it is. Not everybody can take the risk that is in the market. That is why some people do not want to accept it as one of their methods of payment, while some people do because of their government restrictions.

[vegasus]

Isn't that right? People are holding BTC for higher value and higher prices? Aside from the technology of course, but it is undeniable that the purpose of holding BTC is for business purposes, and again it ends with money. So, the higher the price, the more we can profit.

Therefore, I cannot deny that one of the goals and targets of holding BTC is to take profits when the price is in accordance with the target I expect. But on the other hand, it does not mean ignoring the function and benefits of Bitcoin itself. because the value of BTC is not only in money but also in its technology. But again, the ultimate goal is still to support BTC to a much higher price so that we can get much higher profits.

[ZAINmalik75]

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...

How can we learn the technology by holding BTC you mean to ask in the procedure of holding BTC we come to learn different terms like wallet types, exchanges types, security, ownership, privacy, and blockchain networks, which is secure and which one is fast etc. Then I did not invest in BTC to test these things but to make money but I am glad that I made this decision too.

Investing in BTC with the mindset that you have to make a profit but if you just want to test new technologies like using mixers then it won't be profitable so making a profit with testing technology is not a bad thing. I don't normally trade in BTC but in alts I use BTC for holding purposes but I still have not tested many networks of BTC.

[PX-Z]

Is there anyone here holding BTC to learn the technology?

I do but it's not about to learn bitcoin and/or trading, but its to measure how my holding's increase and decrease time to time for over the years, it never been touch a while now. But i do have percentage for trading purposes, then converts to fiat. I guess most of the people here do the same thing.

[joniboini]

Just curious to see how many people (on this forum) use BTC for other than trading...

I paid for my VPN, game coupons, and other digital services with my BTC for years now. I switched platforms multiple times because some of them blocked my IP (region-blocked) and requested KYC details if I wanted to be whitelisted. Luckily there are several alternatives so it's no big deal if I can't use one platform. I believe this is the most common issue I found if I tried to pay with BTC instead of high transaction fees.

[babo]

I have very few satoshis, but I don't keep them because the price goes up
honestly bitcoin would have to get to ten million to have anything in hand that makes sense
No
I keep bitcoin because it represents a way to tell the banks that I too can take care of it myself

now I live in a place where you go to the bank and they treat you well, but there are places in the world where the bank doesn't even give you a bill
bitcoin can fix this

[electronicash]

Bitcoin holders are familiar with the term HODL because they tend to be holding BTC in hopes to profit in the bull market. this is how most investors would want to make money in crypto afaik.  if they are not trading then they are just holding.

if you are like the rest of us who uses Bitcoin to gamble then welcome crypto.  eventually when you have BTC, you will be tempted to trade and learn it because of the people who suggest to trade to make money with the BTC you have.

[doc]

Bitcoin holders are familiar with the term HODL because they tend to be holding BTC in hopes to profit in the bull market. this is how most investors would want to make money in crypto afaik.  if they are not trading then they are just holding.

if you are like the rest of us who uses Bitcoin to gamble then welcome crypto.  eventually when you have BTC, you will be tempted to trade and learn it because of the people who suggest to trade to make money with the BTC you have.

I also hold bitcoin and my goal is the same as others to make a profit, I do not use bitcoin to trade because I prefer altcoin to trade considering the fluctuation of altcoin is higher and the possibility of making a bigger profit. and I think the goal of everyone who holds bitcoin and altcoin is the same, they want to make a profit. because right now I feel crypto is the right choice to invest.

[pieppiep]

Bitcoin holders are familiar with the term HODL because they tend to be holding BTC in hopes to profit in the bull market. this is how most investors would want to make money in crypto afaik.  if they are not trading then they are just holding.

if you are like the rest of us who uses Bitcoin to gamble then welcome crypto.  eventually when you have BTC, you will be tempted to trade and learn it because of the people who suggest to trade to make money with the BTC you have.

I also hold bitcoin and my goal is the same as others to make a profit, I do not use bitcoin to trade because I prefer altcoin to trade considering the fluctuation of altcoin is higher and the possibility of making a bigger profit. and I think the goal of everyone who holds bitcoin and altcoin is the same, they want to make a profit. because right now I feel crypto is the right choice to invest.

Well, Altcoins tend to act more volatile than Bitcoin, which is why they may both gain and lose their value much faster and with higher amplitudes but also have higher risk levels compared to Bitcoin. This way it is possible to distribute the risks inherent in the choice of alt-coins in relation to the significantly more stable Bitcoin and receive quick revenues. However, when you have much capital, you is going to apply both strategies. This way you keep holding bitcoins and rely on their value but trade Altcoins looking for get-rich-quick-scheme which allows you to cover with risks of unpredictable rapid ups and downs of the new coins.