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Author Topic: What's your own take if everyone would have held their Bitcoin and not sell  (Read 3178 times)

Online milewilda

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I think it will be like you said, because there are still many potential altcoins that still have the power to increase in time to make profits, but maybe not big, although, of course, there is always a risk because the situation is unpredictable compared to bitcoin.
i would not say that there are many altcoins that can give you as much profit as bitcoin can give you it is very rare for you to find an altcoin at its early stage where the price is not that high yet and that coin will eventually turn out a successful project after a while that kind of scenario does not happen a lot of times and you will have to be extremely lucky to get significant profit from altcoins

bitcoin is still the safest and most profitable in crypto right now and i do not see it changing any time soon
But still despite of these probabilities but still there are those who do want to touch up low cap coins because they do know that they do have the chance that they could be able to make some considerable or significant amount on the time that they do able to hit up the right project. Of course this will be taking up that extra risks and a little bit mix of luck. You will definitely be trying out to chase up those projects or coins on which you do seem that you can be able to do deal on with. There are just that those times or moments that you do become that desperate on which this one is very wrong. You should be that be not forgetting about risks management when it comes to investment because if you dont then you are just that simply doing gambling.

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Offline Baofeng

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I think it will be like you said, because there are still many potential altcoins that still have the power to increase in time to make profits, but maybe not big, although, of course, there is always a risk because the situation is unpredictable compared to bitcoin.
i would not say that there are many altcoins that can give you as much profit as bitcoin can give you it is very rare for you to find an altcoin at its early stage where the price is not that high yet and that coin will eventually turn out a successful project after a while that kind of scenario does not happen a lot of times and you will have to be extremely lucky to get significant profit from altcoins

bitcoin is still the safest and most profitable in crypto right now and i do not see it changing any time soon

Yes, it's profitable but there were times that altcoin gains are bigger than Bitcoin. But as we have move several halvings, those altcoins lost a lot as well and then Bitcoin becoming the safest haven for everyone and making a lot of profits.

So there will be no changing any time soon, the market has matured already and then know that it's only Bitcoin that can safety give them the profits in every cycle.

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Offline Bee-tech

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I think it will be like you said, because there are still many potential altcoins that still have the power to increase in time to make profits, but maybe not big, although, of course, there is always a risk because the situation is unpredictable compared to bitcoin.
i would not say that there are many altcoins that can give you as much profit as bitcoin can give you it is very rare for you to find an altcoin at its early stage where the price is not that high yet and that coin will eventually turn out a successful project after a while that kind of scenario does not happen a lot of times and you will have to be extremely lucky to get significant profit from altcoins

bitcoin is still the safest and most profitable in crypto right now and i do not see it changing any time soon
But still despite of these probabilities but still there are those who do want to touch up low cap coins because they do know that they do have the chance that they could be able to make some considerable or significant amount on the time that they do able to hit up the right project. Of course this will be taking up that extra risks and a little bit mix of luck. You will definitely be trying out to chase up those projects or coins on which you do seem that you can be able to do deal on with. There are just that those times or moments that you do become that desperate on which this one is very wrong. You should be that be not forgetting about risks management when it comes to investment because if you dont then you are just that simply doing gambling.
To find altcoins that would have enough stability to reach a long term success will be difficult and also even though we see that coin we won’t know its long term value until maybe a year or so. Not alot of people believe in Ethereum and Solana at their earliest stages, I’m sure many would be interested in them back then because they and of course me too believed Bitcoin was going to be the only successful and stable form of investment.

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i would not say that there are many altcoins that can give you as much profit as bitcoin can give you it is very rare for you to find an altcoin at its early stage where the price is not that high yet and that coin will eventually turn out a successful project after a while that kind of scenario does not happen a lot of times and you will have to be extremely lucky to get significant profit from altcoins

bitcoin is still the safest and most profitable in crypto right now and i do not see it changing any time soon
Bitcoin is surely the safest coin in the crypto market but when it comes to profit for daily or short term traders, Bitcoin isn't the most profitable and that's because it's less volatile which is why you don't expect Bitcoin to do a 100% move within a week while many altcoins can make such moves within 24 hours. However, when you are talking about long-term investment, Bitcoin doesn't just offer safety but also offers more depth in liquidity which is why it's best advised for long-term investment.

 Bitcoin is the safest crypto I totally agree but in terms of quick profit, there are many other coins that offers better options.
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I think it will be like you said, because there are still many potential altcoins that still have the power to increase in time to make profits, but maybe not big, although, of course, there is always a risk because the situation is unpredictable compared to bitcoin.
i would not say that there are many altcoins that can give you as much profit as bitcoin can give you it is very rare for you to find an altcoin at its early stage where the price is not that high yet and that coin will eventually turn out a successful project after a while that kind of scenario does not happen a lot of times and you will have to be extremely lucky to get significant profit from altcoins

bitcoin is still the safest and most profitable in crypto right now and i do not see it changing any time soon
But still despite of these probabilities but still there are those who do want to touch up low cap coins because they do know that they do have the chance that they could be able to make some considerable or significant amount on the time that they do able to hit up the right project. Of course this will be taking up that extra risks and a little bit mix of luck. You will definitely be trying out to chase up those projects or coins on which you do seem that you can be able to do deal on with. There are just that those times or moments that you do become that desperate on which this one is very wrong. You should be that be not forgetting about risks management when it comes to investment because if you dont then you are just that simply doing gambling.
Sometimes I am confused about how someone can see the opportunities for coins/tokens for the future, where currently there are many tokens in circulation, when someone enters the choice of low capacity coins they must have thought about the risks they will face, I personally would not be able to afford to be scammed

Offline Gurujebs

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Sometimes I am confused about how someone can see the opportunities for coins/tokens for the future, where currently there are many tokens in circulation, when someone enters the choice of low capacity coins they must have thought about the risks they will face, I personally would not be able to afford to be scammed

There are two many altcoins right now in the market and it's very difficult to even see which one to go after because many of them says the same thing but at the end, only few of them do what they promised, that's why I see people running from one coin to another coin all in the name of making quick money that you may even be disappointed.

The best solution with this disappointment is just hold onto Bitcoin, if you have small amount of money, it's better one to do DCA continuesly else this altcoins will disappoint you, many people that has have been holding altcoins since last 2 years are not profitable this year.
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Offline JoyMarsha

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So just for curiosity sake,

I really want to know what would have been the outcome if actually everyone stopped selling their Bitcoin and instead held on to it and the reason is because it's so tiring whenever you hear people complain about how someone have maybe made mistake by actually using or selling their Bitcoin but and am always suprised at this because Bitcoin itself is a currency that it's initial purpose was to be centered on decentralization and financial fairness but as it grew it's value or ability to be used as store of value have made people think that anyone who sells his Bitcoin is actually doing wrongly.
Bitcoin price increases and decreases based on its demands and supply. If there is no demand and supply, their will no movement of price of Bitcoin. Bitcoin will not stagnant in price.

It's hardly not to see the buy and sell of Bitcoin happening all over the world. The buy or sell would occur because that's what control the price of Bitcoin.

OP, what you should know is that complaining won't stop in people's about bitcoin price. In many years to come, so many people would complain of how they sell their bitcoin today, instead of hodling it for long.

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I mean I am not fan of imaginitive or speculative scenarios (it's impossible to happen that everyone would hoard it) but I suppose the usual supply and demand law would come into play and it should have effect on BTC's price positively.

Regarding whether it's bad thing about selling BTC; if you are in need of money, it's never a wrong idea to sell your asset, that's my opinion anyway.

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So just for curiosity sake,

I really want to know what would have been the outcome if actually everyone stopped selling their Bitcoin and instead held on to it and the reason is because it's so tiring whenever you hear people complain about how someone have maybe made mistake by actually using or selling their Bitcoin but and am always suprised at this because Bitcoin itself is a currency that it's initial purpose was to be centered on decentralization and financial fairness but as it grew it's value or ability to be used as store of value have made people think that anyone who sells his Bitcoin is actually doing wrongly.

Anybody can hold Bitcoin for a long or short term purposes, it depends on individuals plans, and it is not yardstick to compare those that has decided not to sell because people think that it is a mistake or something. At some point, after holding for some time, ok once the market appreciate, it may becomes necessary to take profits and retake a long position when prices goes dip.
As you may know, whether Bitcoin serve as a store of value or no, it is appropriate to take some profit at certain periods. nobody will continuously hold bitcoin without booking some profit in my opinion.

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Certainly, the limited stock in circulation will deflate its value... the price of BTC will skyrocket compared to FIAT... when many people prefer to hold their Bitcoin, it means that it will be increasingly difficult to get Bitcoin on the market...
It is natural, when many people are looking for Bitcoin, the level of confidence to hold will also increase, for the benefit of everyone will do so...
Some people hold, that's enough to make the price skyrocket, and if everyone holds, it will be even crazier.

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Certainly, the limited stock in circulation will deflate its value... the price of BTC will skyrocket compared to FIAT... when many people prefer to hold their Bitcoin, it means that it will be increasingly difficult to get Bitcoin on the market...
It is natural, when many people are looking for Bitcoin, the level of confidence to hold will also increase, for the benefit of everyone will do so...
Some people hold, that's enough to make the price skyrocket, and if everyone holds, it will be even crazier.
But like I've said in my previous comment on this topic, it is absolutely impossible for us to arrive at such a stage where everyone will hold their bitcoin wit no one selling, except if the entire supply of bitcoin manages to enter into the hands of few persons, maybe a group of 10 or 20 persons decides buy up the entire supply of bitcoin and hold, and they decide within themselves not to sell a single bitcoin, then what the op is saying could work..

But then on the other hand as well, buying up the entire supply of bitcoin currently in circulation isn't also possible because doing that will cost a lot of money, and what I mean by a lot of money, I mean hundreds of trillions of dollars, because bitcoin marketcap is currently $1.8 trillion dollars, and the more bitcoin is being bought, the more it's price and it's market cap is increasing
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Offline yohananaomi

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I mean I am not fan of imaginitive or speculative scenarios (it's impossible to happen that everyone would hoard it) but I suppose the usual supply and demand law would come into play and it should have effect on BTC's price positively.

Regarding whether it's bad thing about selling BTC; if you are in need of money, it's never a wrong idea to sell your asset, that's my opinion anyway.
Something that probably wouldn't happen if someone was going to hoard because, as you said, there is supply and demand, so it is inevitable that there will be transactions that occur.
It is indeed difficult to avoid urgent needs. If we need them, then there is nothing wrong if we want to let go, because everything is determined by needs that cannot be avoided.

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I think it will be like you said, because there are still many potential altcoins that still have the power to increase in time to make profits, but maybe not big, although, of course, there is always a risk because the situation is unpredictable compared to bitcoin.
i would not say that there are many altcoins that can give you as much profit as bitcoin can give you it is very rare for you to find an altcoin at its early stage where the price is not that high yet and that coin will eventually turn out a successful project after a while that kind of scenario does not happen a lot of times and you will have to be extremely lucky to get significant profit from altcoins

bitcoin is still the safest and most profitable in crypto right now and i do not see it changing any time soon

Yes, it's profitable but there were times that altcoin gains are bigger than Bitcoin. But as we have move several halvings, those altcoins lost a lot as well and then Bitcoin becoming the safest haven for everyone and making a lot of profits.

So there will be no changing any time soon, the market has matured already and then know that it's only Bitcoin that can safety give them the profits in every cycle.
It used to make a lot of profit in the past, but nowadays, the scenario has changed completely. The times when altcoins used to give a fair profit are no longer. We have lost a lot by investing in coins, but the scenario has changed. We have learned that Bitcoin is a stable coin for us, where we can invest with hope and confidence.
There is no fear in investing in Bitcoin. Bitcoin is the safest coin for stable investments. Bitcoin keeps us worry-free and provides good returns if we invest for the long term.
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Offline Legion

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Anybody can hold Bitcoin for a long or short term purposes, it depends on individuals plans, and it is not yardstick to compare those that has decided not to sell because people think that it is a mistake or something. At some point, after holding for some time, ok once the market appreciate, it may becomes necessary to take profits and retake a long position when prices goes dip.
As you may know, whether Bitcoin serve as a store of value or no, it is appropriate to take some profit at certain periods. nobody will continuously hold bitcoin without booking some profit in my opinion.
Looking at the specie, it is difficult to determine whether there is a standard way through which an asset such as Bitcoin should be handled. Some of them can hold their stocks because they expect long-term returns on their investments while in some cases they can sell some stocks because there is a reasonable profit potential. As for me there is absolutely nothing wrong with taking profits, if and only if one is not acting out of fear or some temporary excitement. There are times that by taking some, one can be able to achieve the balance concerning the emotions that one develops due to volatility of the market. The issue therefore is not in the act of selling or holding but understanding the rationale of such actions. That is where one is assured of handling any opinions coming from the outside with a lot of calmness.

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Sometimes I am confused about how someone can see the opportunities for coins/tokens for the future, where currently there are many tokens in circulation, when someone enters the choice of low capacity coins they must have thought about the risks they will face, I personally would not be able to afford to be scammed

There are two many altcoins right now in the market and it's very difficult to even see which one to go after because many of them says the same thing but at the end, only few of them do what they promised, that's why I see people running from one coin to another coin all in the name of making quick money that you may even be disappointed.

The best solution with this disappointment is just hold onto Bitcoin, if you have small amount of money, it's better one to do DCA continuesly else this altcoins will disappoint you, many people that has have been holding altcoins since last 2 years are not profitable this year.
makes sense, if so altcoins may currently be not given space by btc, and profit seekers are trying to play with meme tokens, to gain profit from the capital that was previously held in altcoins, I agree I will save btc with the DCA system even though it is slow but if you are sure you can also reach 1 btc later

 

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