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Author Topic: Are you holding BTC just for the price increase?  (Read 4776 times)

Online pieppiep

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Re: Are you holding BTC just for the price increase?
« Reply #90 on: October 23, 2024, 07:13:02 AM »
Yes, I am holding until price increase and will start sales as soon as price reaches 100k/150k. I had been accumulating it since 2019, sold a bit at 50k, around 70k. Now holding until price reaches my next milestone. Since trading and investing are not main income sources, I havent invested tens or hundred thousand worth into Bitcoin. This also allows myself to hold it as long as necessary.

I think this is a unique rare situation when cryptocurrencies are not the main source of income. Rarely does an experienced crypto trader turn out to be the one who has large side incomes. And this is cool, because judge for yourself, you have an unbiased view on cryptocurrency trading because you are not cornered by thoughts about what will happen if you lose everything in trading.
many people still have their main income from real world jobs and crypto trading is just a sideline, I think this is the safest method because the crypto market is very volatile and we cannot possibly cut losses in trading if we have needs and must fulfill them. so we should still have our main job.
I also do long-term trading and investment but I still focus on working at my office.
Agreed, it is necessary to mention that crypto trading might be a dangerous move, as the income from trading is never stable due to fluctuation of fluctuations. This is why having a main job is important because at least we will have an assured form of income and should there be issues of losses in trading then it will not be so detrimental as it would be if it were one’s only source of income. However, there’s a bottleneck in this system if crypto trading is the only primary concern; then, we have a major problem whenever the market dips, and this can directly affect our pocket. One can still have another source of income so that when making decisions concerning trading, you do not have to get pressured by the performance of the investment.

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Re: Are you holding BTC just for the price increase?
« Reply #90 on: October 23, 2024, 07:13:02 AM »

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Re: Are you holding BTC just for the price increase?
« Reply #91 on: October 23, 2024, 11:00:07 PM »
Agreed, it is necessary to mention that crypto trading might be a dangerous move, as the income from trading is never stable due to fluctuation of fluctuations. This is why having a main job is important because at least we will have an assured form of income and should there be issues of losses in trading then it will not be so detrimental as it would be if it were one’s only source of income.
Then what if crypto is just their place to make money.
I myself have been in crypto for 4 full years and my income is even greater than my real job a few years ago.

It's about how to take advantage of every opportunity, not just trading or investing, any job in crypto can provide good advice as long as you can be consistent and you can work on it.

In addition, to maintain a portfolio and increase income, investing and trading will be another job aimed at growing the portfolio.
So not only trading, holding Bitcoin, but crypto can be broader than that and can make more money with some of the skills you have.

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Re: Are you holding BTC just for the price increase?
« Reply #91 on: October 23, 2024, 11:00:07 PM »

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Re: Are you holding BTC just for the price increase?
« Reply #92 on: October 25, 2024, 09:57:35 AM »
Agreed, it is necessary to mention that crypto trading might be a dangerous move, as the income from trading is never stable due to fluctuation of fluctuations. This is why having a main job is important because at least we will have an assured form of income and should there be issues of losses in trading then it will not be so detrimental as it would be if it were one’s only source of income.
Then what if crypto is just their place to make money.
I myself have been in crypto for 4 full years and my income is even greater than my real job a few years ago.

It's about how to take advantage of every opportunity, not just trading or investing, any job in crypto can provide good advice as long as you can be consistent and you can work on it.

In addition, to maintain a portfolio and increase income, investing and trading will be another job aimed at growing the portfolio.
So not only trading, holding Bitcoin, but crypto can be broader than that and can make more money with some of the skills you have.
Yes, we can earn income from crypto, there are many things we can do. For now, I am only a trader and holder, sometimes I also participate in bounty campaigns and airdrops.
There are those who have other skills, maybe as a holder, it all depends on each person's abilities.
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Online pieppiep

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Re: Are you holding BTC just for the price increase?
« Reply #93 on: October 26, 2024, 10:06:27 AM »
Agreed, it is necessary to mention that crypto trading might be a dangerous move, as the income from trading is never stable due to fluctuation of fluctuations. This is why having a main job is important because at least we will have an assured form of income and should there be issues of losses in trading then it will not be so detrimental as it would be if it were one’s only source of income.
Then what if crypto is just their place to make money.
I myself have been in crypto for 4 full years and my income is even greater than my real job a few years ago.

It's about how to take advantage of every opportunity, not just trading or investing, any job in crypto can provide good advice as long as you can be consistent and you can work on it.

In addition, to maintain a portfolio and increase income, investing and trading will be another job aimed at growing the portfolio.
So not only trading, holding Bitcoin, but crypto can be broader than that and can make more money with some of the skills you have.
Yes, we can earn income from crypto, there are many things we can do. For now, I am only a trader and holder, sometimes I also participate in bounty campaigns and airdrops.
There are those who have other skills, maybe as a holder, it all depends on each person's abilities.
Indeed, We can earn income within the crypto space by being a trader, investor, or by participating within bounty campaigns and airdrops. When it comes to supporting their candidates everyone has their own style with regards to skills and preferences. For instance, the traders concentrate on purchasing and selling different types of the assets in the hope that the prices will form higher levels in future while holders hold the assets in the hope that they will form higher prices in future. At the same time, it is also possible to get tokens in bounty campaigns, or through airdrops if you are an active member of the cryptocurrency community. These provide the various career prospects as a result of eventually, and depending on the specific plan and training course of action.

Offline 36B

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Re: Are you holding BTC just for the price increase?
« Reply #94 on: October 27, 2024, 05:26:01 AM »
Indeed, We can earn income within the crypto space by being a trader, investor, or by participating within bounty campaigns and airdrops. When it comes to supporting their candidates everyone has their own style with regards to skills and preferences. For instance, the traders concentrate on purchasing and selling different types of the assets in the hope that the prices will form higher levels in future while holders hold the assets in the hope that they will form higher prices in future. At the same time, it is also possible to get tokens in bounty campaigns, or through airdrops if you are an active member of the cryptocurrency community. These provide the various career prospects as a result of eventually, and depending on the specific plan and training course of action.
In the crypto world, Whereas we have a chance to earn income in the form of an active trader that uses volatility of prices, a long-term holder who waits for the price appraisals of an asset, or bounties and airdrops where tokens are distributed in exchange for contribution to the project. They have flexibility that lets every one of us to select what is suited to us and what we want to do. Some crypto users engage in airdrops or bounties in other to increase portfolio, this is proof that this opportunity is big in the world or cryptocurrencies whether as a source of income or as supplemental income.
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