Amanpuri Exchange
4 min readJun 7, 2019

--

The way of thinking when holding BTC for a long time and the truth that you should know

As a way of thinking of long-term investment, there is a thing that has been summarized in the example of Bitcoin, so we will share it as one of the way of thinking and perspective.

The price of Bitcoin has surpassed 900,000 yen and aims at 1 million yen.

Since July last year, it has been located at the highest price level for about 10 months.
It is safe to say that the trend of bitcoin has shifted from about a year’s downturn.

By the way, how many of those who have been able to continue investing in Bitcoin in this down market are those who have continued to buy more without hesitation.

The point common to most people who sold bitcoins in the downturn is probably that they do not understand bitcoins themselves.
However, there may be some people who can imagine how Bitcoin works and what potential it has, but can not keep it.

In fact, the behavior changes when you see the valuations of your assets move up and down significantly.

However, even if you invest in Bitcoin on December 15, 2017, the same day Bitcoin reached the highest price ever, you continue to purchase the same amount, for example, $ 20 (about ¥ 2,200) every day until today If so, there is a fact that now it is about 40% unrealized gain in legal currency.

In other words, you could choose to continue purchasing Bitcoin using the dollar cost average method under any circumstances, and you could enjoy great profits no matter what bubble period you were in. You

Also, Bitcoin’s performance from 2015 to 2019 is higher than that of the dot-com bubble period Amazon.

As of May 2017, the price of Bitcoin was in the 100,000 yen range.

By the way, some true bit coiners don’t seem to have the concept of accuracy. Of course, I’m glad if the price goes up, and I’m sad if it slumps, but in some ways I think it’s all right.
They know, no matter how much the bitcoin price goes up or down, 1 BTC is 1 BTC.

We believe that the future of Bitcoin will be bright as long as there is a legal currency mechanism where the banknotes will be printed endlessly, and there will be people who are anxious and angry.

I think that the day when I can not easily get 1 BTC is not so far.

If you can sympathize with the long-term hold, why not take the option of investing a small amount of money into Bitcoin daily using the dollar cost average method for a part of surplus funds.

However, since there are various problems in the hold strategy of cryptocurrency investment, I do not recommend it from now on!
However, not all of us should invest in medium- and short-term, and if you think that long-term investment is better for you, there is no problem with long-term holding.
Those who have the virtual currency hold strategy in place are:
• People who do not want to feel stress due to the short and medium term price movements
• Those who do not know the selection of stocks for medium- and short-term investment
• Those who want to aim a large profit margin in long-term investment
• Those who want to use the currency they hold in the future
• People using a system with interest rates
• People with low trade skills
• People who have trouble calculating tax

I think that there are various opinions, but basically I do not recommend the future hold strategy for cryptocurrency investment because disadvantages are better than merits.
The reason is the following eight.
• Entry of institutional investors
• The possibility of market operation
• The possibility of a crash in the stock market
• The price movement is easier to read in a period of about one month
• Unable to rotate funds
• Market competition intensifying competition
• Difficulty in selecting long-term investment stocks
• Hold praise may be a position talk

For long-term investment, it is very important to understand the “value of things to invest”.
If you do not do so, it is difficult to get the true value.
In other words, some people are scared and take the option of selling.
In order not to do so, let’s reconfirm the value of something called “bitcoin” again.

■■■
Our information links.

HP
https://amanpuri.io/tokensale/

Telegram
https://t.me/amanpurichat

Twitter
https://twitter.com/amanpuri_ex

Facebook
https://www.facebook.com/amanpuriexchange/

Bitcointalk
https://bitcointalk.org/index.php?topic=5116010

--

--