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[AudraMiller]

Despite the concerns that are being raised by many people in terms of the bitcoin cryptocurrency and how the price has been changing, a recent poll has actually shown that there is a lot of success that is being shown by those that are holding bitcoin. A research study shows that the bulk of people that are holding bitcoin cryptocurrency are actually showing a profit, showing that most of those holding these coins likely got in before the bull run and therefore this is why they are showing an overall profit. Personally i would think that it would have been best to sell at the peak of bitcoin price and buy again to hold now. What are your thoughts on this study?

 

[crypworld]

Though it's disturbing to see the volatility in bitcoins, it's part of the game UNTIL there is a solid regulation.

 

[Wisdom01]

The reason why people can't take such risk of just quickly selling at the peak, is that the value of bitcoin could move further again,and since they are holding so they don't want to take that risk just like that

 

[Yugocean]

Bitcoin price is same when you HODL, no one can get profit for holding POW coins, they either need to invest in some interest program, or have to sell. But those who are holding, they have their own reason.

 

[Josemendez]

There are some persons that are not affect by the dip in the price of bitcoin because they bought earlier before the bull ,and the dip is still above their entry price.

 

[Yugocean]

There are some persons that are not affect by the dip in the price of bitcoin because they bought earlier before the bull ,and the dip is still above their entry price.

They are not facing any loss in their investment to the current fall, but this still effected their net worth. BTC may go up again after just recovering from 29k.

 

[Josemendez]

They are not facing any loss in their investment to the current fall, but this still effected their net worth. BTC may go up again after just recovering from 29k.

I believe that it is a matter of time before bitcoin sets a new record . I hope the just concluded session will make things change for the crypto world.

 

[Yugocean]

I believe that it is a matter of time before bitcoin sets a new record . I hope the just concluded session will make things change for the crypto world.

Not so fast, but surely there is going to be huge. Just that I am not selling my cryptos for now, and I am buying when ever there is chance. I was thinking of a bit more drop.

 

[Josemendez]

Not so fast, but surely there is going to be huge. Just that I am not selling my cryptos for now, and I am buying when ever there is chance. I was thinking of a bit more drop.

No one will want to sell his or her crypto now because the market is not favorable for such . We just need to hold tight and hope for a change in the market.

 

[Yugocean]

I have Stablecoins, what crypto is better right now to convert them to? I many need profit. I need some amount to use for some social work without harming the capital.

 

[Josemendez]

I have Stablecoins, what crypto is better right now to convert them to? I many need profit. I need some amount to use for some social work without harming the capital.

Well , I will advise you do short term trading of some coins like bitcoin and Ethereum. But on a more serious note , it is better not to invest now.

 

[Yugocean]

Well, there is emergency too, if required, I might have to send the capital amount of stablecoins. This will decrease the Net worth. If I get some gain, then it would be better.

 

[Tomitomato]

The future of Bitcoin is certainly great. Those holding Bitcoin are going to make a lot of profit. It is a very successful crypto currency and it will continue to yield more profit.

 

[Yugocean]

Those holding Bitcoin are going to make a lot of profit.

And how this is going to be? Holding only isn't a profit making unless you sell it or invest it.

@Duduyemi please avoid quoting entire thread for answering just one info.

 

[AudraMiller]

And how this is going to be? Holding only isn't a profit making unless you sell it or invest it.

I think that what he was referring to was that if you hold bitcoin for a long period of time then overall you are likely to see a profit on your investment especially if you hold it until the next halving event. This is just my understanding of what was trying to be said in the previous comment.

 

[Yugocean]

if you hold bitcoin for a long period of time then overall you are likely to see a profit on your investment especially if you hold it until the next halving event

Oh this, in fact this is correct, but if invested in some program of a trusted platform, then there might be more, because holder will earn interest.