Post
Topic
Board Speculation
Re: Bitcoin Hold
by
coinfinger
on 10/10/2019, 17:12:30 UTC
Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion? Wink

You should be wary little of Internet technology, for example, there are several sites that use fraud
Yes,for you; the only way to make a profit is to hold your bitcoin in a safe place for long term and avoid transferring money between sites without reason
I think he would even have no choice right now than to keep accumulating his coin because of his age and exchanging the coin on exchanges, I am not sure of this, but I think i read someone where they say people of his age may not be allowed to transact on any of these exchanges except he transfer the coin to someone’s wallet which is quite risky to do.

He might eventually watch the price of bitcoin grow to $50000 in future which I am sure that before he is even up to age, bitcoin might have even grown to $100k or $150k. Lucky him to have accumulated this coin at that stage right now, it is a good decision that he has made and I hope that like you rightly advise him, he is able to keep his coin in a safe place for future purpose.