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Debanshu589

Bitcoin holding will be worth this year or in the long run?

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Bitcoin holding is worth it not this year but in the long run how can I say so? Simply because the general rule in selling the bitcoin is when the value is really high for a reason that in that more profit will come. wonder what will happen if bitcoins in this wallet move to somewhere else! Probably market will crash!it will even fall, that's my analogy for bitcoin this year.

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If the tiran moves with this huge number, then it is possible that you will exert some imbalance that this number has a strong tension, it may bear a single candle indicating the rise of the currency and will exceed a level not seen before in just 24 hours. But there is no possibility that these markets will work at one time and pump this number. You combined about $ 10 billion and one of the owners of whales will not venture with this number.


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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I consider 1 year indeed a long run and in my opinion, long run is always winning because I see how cryptocurrencies are moving towards new heights pretty fast.

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I do not think that the price of bitcoin may return to $ 10 and what determines this price is the supply and demand for this currency, as well as the control of whales by pumping large quantities of currencies and in the coming days I think the price will rise.

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If 10B worth of Bitcoin is withdraw from the market sure the price would break so much and dump occur instantly but we should know that btc is doing good since the starting of this year as it has already hit 14k$ this year. 


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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This article is seems like fake or scam we all know bitcoin price is always ups and down if price is down then you need to keep hold instead sell them. So be careful and think before sell them. 

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It's an interesting article, but I think Bitcoin won't move with that much money, but the price will definitely increase a lot.

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I think hold for a little while will be more beneficial, hold and keep monitoring the moves of the market, always check on the price, and if you noticed any big transaction by the whales in an exchange, try to get ready for it, because most times big transaction moves the price .


 

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On 4/18/2020 at 1:59 PM, Amir Vao said:

In 2019 we saw many crash on the market. And many people lose their hope from crypto. But I think it's worthy to hold for future. I think bitcoin will replace the current payment system.

Yes I think that many people are hoping to earn more money before but there are so many cash that happened before and they are hoping now in 2020 that they will earn and I think that it is best right now to earn money because the price is high

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If this pandemic will end soon, I think that bitcoin will boom again. The market stock will starts to be in demand again that will make the price hike. Bitcoin holding will be worth it somehow after coins halving, if it gives a good amount of exchange. Holding does not give you high probability of earning, that's the reason you hold it or you are just waiting for its value to get higher than it could be.

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I think it will be worth in long run because in short term period is going low but if you are holding then I will recommend you hold atleast 5 years because in long term it is increasing 

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I think that bitcoin should be held for a long time that it is very low price so yes it can be very new high prices that we can easily buy for millionaires.

 

 

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In the last month of the year of 2019 was only less then 7000$ and after the beginning of this year its price goes to 10000$ with seven weeks of 2020. Then after some corrections in the market suddenly dumped from 7800$ to 3800$ it means high profit for investors of crypto market. 

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We can predict that at the end of this pandemic there must be a significant increase in the value of Bitcoin. So it's possible that in future this Bitcoin holders have a great profit. But in long terms everyone will be profitable 

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I think bitcoin holding for this year is very good because we all know that it's price now is between ( 9800 - 9300 ) and it's a good price to hold ! but if its drop under 9200 you have to sell it !

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On 5/16/2020 at 2:05 PM, kizz said:

If this pandemic will end soon, I think that bitcoin will boom again. The market stock will starts to be in demand again that will make the price hike. Bitcoin holding will be worth it somehow after coins halving, if it gives a good amount of exchange. Holding does not give you high probability of earning, that's the reason you hold it or you are just waiting for its value to get higher than it could be.

 

On 5/16/2020 at 2:05 PM, kizz said:

If this pandemic will end soon, I think that bitcoin will boom again. The market stock will starts to be in demand again that will make the price hike. Bitcoin holding will be worth it somehow after coins halving, if it gives a good amount of exchange. Holding does not give you high probability of earning, that's the reason you hold it or you are just waiting for its value to get higher than it could be.

Yes I think that you are right and I think tsht the pandemic is not that gonna end soon but bitcoin and other cryptocurrencies are showing hold prices which can be said that even though there are some crazy thing that is happening they can still be used by the people

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I think the past two years have been bad for cryptocurrencies in general and bitcoin in particular where bitcoin has seen a drop in price, but I think 2020 will be the best for bitcoin despite the appearance of the Corona virus

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No one can know what will happen and whether the price will go up or down with classic analysis
  In the event that you can do a future analysis then you can simply become the richest of the rich

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I think bitcoin holding will definitely be worth it in the long run when eventually the bitcoin halving occurs or even when the sudden bull run occurs when the price of the coin pumps just over night. Just be patient and keep holding. 

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On 10/22/2019 at 12:02 PM, Debanshu589 said:

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

Bitcoin is the mother currency of the crypto market. And it has many usecase in the market. And I think it's price won't dump to zero ever. As I think for now holding of bitcoin will be profitable for long time.


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I think I can agree with you dude but yet this year is still in process of moving we are still expecting some more of this coming up very soon. There will be hope for a hype.

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In the long run definitely in the long run. The past data itself says that because in the past the value of Bitcoins was not that much but check the data for now it is really huge. so it would be wisee on the part of the users to hold the Bitcoin for a longer period of time so once it reaches its full peak then they can convert it into money.

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17 hours ago, Nicole018 said:

In the long run definitely in the long run. The past data itself says that because in the past the value of Bitcoins was not that much but check the data for now it is really huge. so it would be wisee on the part of the users to hold the Bitcoin for a longer period of time so once it reaches its full peak then they can convert it into money.

@Nicole018 if you have enough bitcoin now then i suggest you to hold your btc for long term because i have heard a news that in December’s 2021 the btc price pump to 31k usd and will again down in 2023  ..so if you want to have a huge profit then you should hold btc.. Again not only btc price will pump but almost all currency price will pump..     

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