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Author Topic: Are you holding BTC just for the price increase?  (Read 4807 times)

Offline Faisal2202

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Re: Are you holding BTC just for the price increase?
« Reply #60 on: October 15, 2024, 03:51:39 PM »
Holding bitcoin is a good way to do it because this coin is very safe to hold in the long term. but we can also diversify on altcoins, of course do observation and analysis first before buying coins that you will hold, if you choose altcoins because they are very risky.
Diversification is a good method to manage the risk of making a loss, especially for future traders it's the best choice but even for spot traders or any other type of trading too we must invest in more than one asset just to make sure we make a profit from others while losing from one but I think that only applies (best) if we invest in different types of assets, which means if I am investing in ETH and BTC and SOL then I might be facing lose because if BTC goes down the chances for the other 2 are also to go down.

Therefore to be safe I must invest in a coin that should be independent of other like Gold, or Silver, or any other assets. But yeah diversification is a thing in crypto (only) and it also works best here.
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Re: Are you holding BTC just for the price increase?
« Reply #60 on: October 15, 2024, 03:51:39 PM »

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Offline MrSpasybo

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Re: Are you holding BTC just for the price increase?
« Reply #61 on: October 15, 2024, 06:22:24 PM »
To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Investing in BTC to make a profit is completely normal, and I believe most investors in the crypto market share this view. We buy and hold BTC not just for fun or to express personality, we need to make a profit to have more money to carry out our own plans in real life.

Some people hold BTC for remittance purposes but I believe that's a minority. Others plan to hold BTC for another 10-20 years but ultimately they also believe in the future price increase of BTC, for example 1 BTC = $1M by 2030.
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Re: Are you holding BTC just for the price increase?
« Reply #61 on: October 15, 2024, 06:22:24 PM »

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Offline rby

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Re: Are you holding BTC just for the price increase?
« Reply #62 on: October 15, 2024, 10:08:47 PM »
To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Judging by the predictions of crypto experts, it's obvious that Bitcoin will experience a surge in price in no distant time so investors are advised to hoard their digital assets ahead of the bull run that's almost upon us. I do not have much Bitcoin assets in my wallet but the little I have isn't gonna be touched anytime soon. I'm looking forward to see the price of Bitcoin by the first quarter of 2025 and then I'll know if I'll keep on holding what I have already or sell off.
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Re: Are you holding BTC just for the price increase?
« Reply #63 on: October 15, 2024, 10:58:48 PM »
To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Every investor must keep the Bitcoin for profits. They must wait for the price increase significantly. Trader can be different, they don't need to wait for the huge increase. As long as it is profitable enough, trader can take profit. However, the goal of everyone to hold Bitcoin is surely for profits. There is no way that we sell the Bitcoin before the price increase because we will get losses. Anyway, those who only watch and not holding any Bitcoin, it just wastes the time.  :D


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Re: Are you holding BTC just for the price increase?
« Reply #64 on: October 15, 2024, 11:14:09 PM »
Bitcoin is indeed the main portfolio even more than 80% of most of the remaining bitcoins are some of the top altcoins that I hold.
I know the opportunity in altcoins has great potential but I am not so brave to take more in altcoins it is too risky so I only dare a little.

Maybe some altcoins that will provide decent profits are: ETH, BNB, SOL, SUI.
If for example from a new altcoin listing then it will not dare to invest.
It's an option, Bitcoin could be the main one with 80% of your portfolio, but of course I also have a choice and probably only about 40%-50% of the portfolio for Bitcoin and the rest for altcoins and memecoins.

Now again the memecoin hype has a lot of potential to go up 10x, 100x, even 1000x if we can choose the right memecoin.

there are more memecoins on the SOLANA, ETHEREUM and SUI networks, all of them are hype and of course you know MURAD which used to be Bitcoin Maxi is now moving to memecoins, that's because memecoins are in a very good trend right now.

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Re: Are you holding BTC just for the price increase?
« Reply #65 on: October 16, 2024, 09:59:45 AM »
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 may not really know if there are other reasons of holding a crypto asset like BTC other than for the sake of investment. HODL until price grows as much as the investor wants to sell off.
I can't really comprehend if there are other reasons for holding BTC if not for profit making... Because the technology and also how it works could be researched about even without having any asset on hold, otherwise there's something I ain't getting correctly.
As for me and others I'm met in the Crypto world, we all purchase BTC and keep on hold for the future, hoping the price will increase even x2 and enough profits could be realized.
I think people buy bitcoin, the majority are looking for profit, that's why they hold bitcoin for the long term because they want bigger profit, And currently bitcoin is the safest coin to hold for the long term, so the decision to hold long term is the right decision.
I don't know anyone who buys bitcoin to research the technology of this coin, if that's true, maybe he doesn't hold bitcoin just trying to use bitcoin for transactions.
Indeed, the most people who invest in the Bitcoin tend to do so in the hope of earning a certain amount of profit whichever the case may be, this is why long term investment in the Bitcoin is always said to be the best. That is why many experts consider Bitcoin as comparatively safe in comparison to the other cryptocurrencies: It is highly volatile yet offers greater profits in the long term. Nevertheless, while the majority of people regard it as an investment instrument, it is also worthwhile to take into account that there are others who focus on such technologies as Bitcoin – blockchain. Some of them can spend Bitcoin for transactional or experimental purposes, however this is just a small percentage of group interested in the future value growth.
If I could get your point correctly that simply means there are some people in the crypto world that keep these asset on hold for transaction and other Blockchain purpose which may likely not be profit oriented?

At a critical angle it may seem some nations government could be those who occupy this position of holding for other purpose rather than long term investment liable to profit making.
But on a personal note, I have not come across an individual who HODL BTC for any other reason rather than long term investment.
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Re: Are you holding BTC just for the price increase?
« Reply #66 on: October 16, 2024, 02:23:40 PM »
To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Judging by the predictions of crypto experts, it's obvious that Bitcoin will experience a surge in price in no distant time so investors are advised to hoard their digital assets ahead of the bull run that's almost upon us. I do not have much Bitcoin assets in my wallet but the little I have isn't gonna be touched anytime soon. I'm looking forward to see the price of Bitcoin by the first quarter of 2025 and then I'll know if I'll keep on holding what I have already or sell off.
I think Bitcoin bull run has already started and its price is constantly increasing and I suspect that it is likely to touch ATH in a very short time. The DCA method should continue to accumulate bitcoins. Bitcoin bullish trend should reduce the selling trend as its price is likely to touch $100k by 2025 which could create a huge opportunity for a small holder to make a profit. So Bitcoin investors should focus on DCA regardless of price.
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Re: Are you holding BTC just for the price increase?
« Reply #66 on: October 16, 2024, 02:23:40 PM »


Offline enoch_from_off

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Re: Are you holding BTC just for the price increase?
« Reply #67 on: October 16, 2024, 02:40:44 PM »
To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Judging by the predictions of crypto experts, it's obvious that Bitcoin will experience a surge in price in no distant time so investors are advised to hoard their digital assets ahead of the bull run that's almost upon us. I do not have much Bitcoin assets in my wallet but the little I have isn't gonna be touched anytime soon. I'm looking forward to see the price of Bitcoin by the first quarter of 2025 and then I'll know if I'll keep on holding what I have already or sell off.
I think Bitcoin bull run has already started and its price is constantly increasing and I suspect that it is likely to touch ATH in a very short time. The DCA method should continue to accumulate bitcoins. Bitcoin bullish trend should reduce the selling trend as its price is likely to touch $100k by 2025 which could create a huge opportunity for a small holder to make a profit. So Bitcoin investors should focus on DCA regardless of price.

2025 is the year that should let the Bull come closer and it is better for everybody involved and patient enough.
People can hold BTC based on their beliefs, or only profit - it would still be beneficial for the BTC and the market.

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Re: Are you holding BTC just for the price increase?
« Reply #68 on: October 17, 2024, 09:41:42 AM »
To be honest if I were to be an investor in Bitcoin or if I had Bitcoin my main aim would be to keep it for profit while the price is increasing, the main aim of everyone one right now is to hold there Bitcoin and sell it when there is enough profit. One can also watch and keep not only keeping.
Judging by the predictions of crypto experts, it's obvious that Bitcoin will experience a surge in price in no distant time so investors are advised to hoard their digital assets ahead of the bull run that's almost upon us. I do not have much Bitcoin assets in my wallet but the little I have isn't gonna be touched anytime soon. I'm looking forward to see the price of Bitcoin by the first quarter of 2025 and then I'll know if I'll keep on holding what I have already or sell off.
I think Bitcoin bull run has already started and its price is constantly increasing and I suspect that it is likely to touch ATH in a very short time. The DCA method should continue to accumulate bitcoins. Bitcoin bullish trend should reduce the selling trend as its price is likely to touch $100k by 2025 which could create a huge opportunity for a small holder to make a profit. So Bitcoin investors should focus on DCA regardless of price.
Hopefully before the end of this year, bitcoin will soon touch ATH because I see the price of bitcoin has been increasing and the current price of bitcoin is approaching $ 70K.
And I also target to sell my bitcoin at a price of $ 100K next year, I think this is still reasonable and hopefully there will be no bad news next year.

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Re: Are you holding BTC just for the price increase?
« Reply #69 on: October 17, 2024, 10:17:02 AM »
Hopefully before the end of this year, bitcoin will soon touch ATH because I see the price of bitcoin has been increasing and the current price of bitcoin is approaching $ 70K.
And I also target to sell my bitcoin at a price of $ 100K next year, I think this is still reasonable and hopefully there will be no bad news next year.

I do think it's pretty reasonable to assume so, there is not much time left for the Bull to start the rally for real,  thus, we will see your expectations fulfilled, hopefully, and your portfolio green.
  ;)

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Re: Are you holding BTC just for the price increase?
« Reply #70 on: October 17, 2024, 10:46:58 PM »
This agenda is basically based on the choice of the investor.While most investors wishes to hold bitcoin for price increase some still wishes to sell while its at a high price which is similar though.I myself still prefers the both as long as profit maximization is being aquired which i believe is also the mindset of all investors.
Anyways,it depends on which suits you more,buy or sell?
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Re: Are you holding BTC just for the price increase?
« Reply #71 on: October 18, 2024, 01:49:20 PM »
This agenda is basically based on the choice of the investor.While most investors wishes to hold bitcoin for price increase some still wishes to sell while its at a high price which is similar though.I myself still prefers the both as long as profit maximization is being aquired which i believe is also the mindset of all investors.
Anyways,it depends on which suits you more,buy or sell?
Everyone has a target to sell their bitcoin, if I split my bitcoin investment in two. I sell my bitcoin following the market movement for the short and medium term and half I keep holding for the long term and will sell it next year.
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Re: Are you holding BTC just for the price increase?
« Reply #72 on: October 18, 2024, 02:23:44 PM »
This agenda is basically based on the choice of the investor.While most investors wishes to hold bitcoin for price increase some still wishes to sell while its at a high price which is similar though.I myself still prefers the both as long as profit maximization is being aquired which i believe is also the mindset of all investors.
Anyways,it depends on which suits you more,buy or sell?
Everyone has a target to sell their bitcoin, if I split my bitcoin investment in two. I sell my bitcoin following the market movement for the short and medium term and half I keep holding for the long term and will sell it next year.
For bitcoin, I only sell it for next year while I sell altcoins when I have made a profit and I use it for trading.
that's the way I do it now, because I focus on daily trading and I bought bitcoin 2 years ago and I will hold it until the bullish peak next year according to my target price.
I choose some top coins and sometimes meme coins for my daily trading, and it's quite profitable.
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Offline summonerrk

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Re: Are you holding BTC just for the price increase?
« Reply #73 on: October 18, 2024, 11:00:04 PM »
That's right. We are all human and we all have to think realistically. We live in a world of money and you can't just believe in the idea of ​​Bitcoin and be hungry. So I buy low and sell high.
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Re: Are you holding BTC just for the price increase?
« Reply #74 on: October 19, 2024, 12:48:41 PM »
That's right. We are all human and we all have to think realistically. We live in a world of money and you can't just believe in the idea of ​​Bitcoin and be hungry. So I buy low and sell high.
Indeed, we need to be realistic in managing Investment, especially in this world that is characterized by a volatile price like the bitcoin. Even though every person should trust in this idea or in Bitcoin’s future, one needs to pay the bills today and is faced with everyday realities of life. It makes a lot of sense to buy cheap and sell high in order to strike a balance between profit making and nurturing life. One must stay agile with movements of the market to be able to capitalize on profit booms without being in a compromising position financial security to be able to feed or meet basic needs. This way, we uphold the principle of combining the exploration of Bitcoin as an asset class with necessary life commitments.
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