Topic: BITCOIN is for long term investment - page 22. (Read 1814 times)
Yes bitcoin is for long term investment.Its good to hold bitcoin then wait for the high price of bitcoin to sell. We can have a good profit if we can wait for the expensive price of bitcoin. Many bitcoiners are rich now created by bitcoin.
So many people lose because investing bitcoin for the short term, then invest bitcoin better for long term
It all depends on your strategy, needs and unwanted events, originally planned that they are after the long term of holding but due to some factors that may influence your own decisions and thinking about investing, you decided to go for another altcoin by cutting some of your bitcoin then trade to another promising coin which in the present is the best opportunity to buy cause all crypto is cheap right now, another factor is that the need for the money due to some unwanted happenings or there's an unwanted shortage of money trigerring to cashout, you need to be mentally and financially ready in order to hold a long term fluctuating asset. 
If you want to have a short return of investment then not invest on bitcoin. Bitcoin is so volatile that even it increase and decrease in second. Most people complains about their loss on the price drop, I got loss too, but you will be broke when you sell it on a low price. If people would be patient to wait a bit more then all would be good. Who else make millions on just a week ? None. Im saying this not just to promote holding but also encourage all those crypto users be patient and be calm on the price drop. Youre still not loss until you sell it on low price. Hold it for a while, if you are weary and try investing on others like ICOs until you almost forget it and go back when it pumps again. Nobody know when would it be increased but it would. Be strong people.
Bitcoin is really unpredictable and it is really hard to predict when it increase so all you need to do is to wait until bitcoin goes up then its your time to sell it. For me it's not a long term investment it is just for a short invesment. If you want to have a long investment just invest with properties. Just saying.
yes I agree bitcoin is for long term investment, we can not make profit in short time and bitcoin price increase is very slowly. if we want to get a lot of profit we must be patient especially in difficult times like now. in this condition the people fear if bitcoin price will continue to decrease then they sell their btc and lose their money, that's why we should be able to control our emotions so we do not panic selling.
Bitcoin is not used for long term investment. Long term investment will cause you a budget deficit because the price of a bitcoin is too big. Long-term investment for those who have a lot of capital and want to make a great investment, you should carefully consider your strategy.
I think bitcoin should only be used for short-term investment, say will bring more profits for you and will be less risky.
I think bitcoin should only be used for short-term investment, say will bring more profits for you and will be less risky.
If you want to have a short return of investment then not invest on bitcoin. Bitcoin is so volatile that even it increase and decrease in second. Most people complains about their loss on the price drop, I got loss too, but you will be broke when you sell it on a low price. If people would be patient to wait a bit more then all would be good. Who else make millions on just a week ? None. Im saying this not just to promote holding but also encourage all those crypto users be patient and be calm on the price drop. Youre still not loss until you sell it on low price. Hold it for a while, if you are weary and try investing on others like ICOs until you almost forget it and go back when it pumps again. Nobody know when would it be increased but it would. Be strong people.
Indeed BITCOIN isn't for people that doesn't have patience to begin with. The price can be frustrating it changes every time atleast every second or minute. The most risky coin on the planet is BITCOIN but at the same time can atleast double your investment well atleast though it could be tripled the size or quad of your orignal starting money. Waiting is crucial you must decide thoroughly if you're gonna spend something using your BTC.
I don't think its for a long term investment. Why wait and hold for a long time when you can enjoy your returns now? Bitcoin doesn't have any stable growth and you will see that in just one day you have the ability to earn from your capital for more than 30%. Why wait? When you can sell it now and buy more later? Bitcoin being a unstable asset makes it more appealing for short term holders. There is no guarantee when you hold it in the long term that it will grow, it is not one of those buy and forget assets where you can expect to earn money after holding it for a long time.
Bitcoin has been running a lot and the money I collect is huge.
I think that since you started the bitcoin and now you sell big that you earn but now it's hard to earn it.
And you do not know what a bitcoin price is.
Peolple invest in bitcoin now a days because they believe they will earn more like before 2014 the year bitcoin started. As the subject indicate or says ITS A REALLY LONG TERM INVESTMENTS so, You or you have interest in cryptocurrencies be it. Invest on more things or rather tge different coins in short atlcoins. ICO have bonuses and way more increase in a a time, like months not like bitcoin, bitcoin is hardly to say A REAL but LONG holding TERM investments.
Yes, This depends on each person's point of view. I think it is a basic investment strategy in business but it is showing the best performance in the crypto market. However, depending on the market, I will sell them a little.
Peolple invest in bitcoin now a days because they believe they will earn more like before 2014 the year bitcoin started. As the subject indicate or says ITS A REALLY LONG TERM INVESTMENTS so, You or you have interest in cryptocurrencies be it. Invest on more things or rather tge different coins in short atlcoins. ICO have bonuses and way more increase in a a time, like months not like bitcoin, bitcoin is hardly to say A REAL but LONG holding TERM investments.
Yes, I agree that Bitcoin is for a lonf term investment. Many people, getting acquainted with bitcoin, start with the simplest strategy - to buy cheaper and sell more expensive. However, most of these "beginner" does not remain calm and breaks ahead of time. Therefore, they either lose money or earn a penny, while if they were more reasonable and patient, and would understand that bitcoin is a means of long-term investment, they could earn much more.
By means of trading bitcoin also good for short term trading too,because when a coin has too much of price fluctuation then we can lot of money in very short term.But as a holder long term investment will give more profits than short term because the bitcoin price keeps reaching new all time high every year.
Yes, I agree that Bitcoin is for a lonf term investment. Many people, getting acquainted with bitcoin, start with the simplest strategy - to buy cheaper and sell more expensive. However, most of these "beginner" does not remain calm and breaks ahead of time. Therefore, they either lose money or earn a penny, while if they were more reasonable and patient, and would understand that bitcoin is a means of long-term investment, they could earn much more.
If you want to have a short return of investment then not invest on bitcoin. Bitcoin is so volatile that even it increase and decrease in second. Most people complains about their loss on the price drop, I got loss too, but you will be broke when you sell it on a low price. If people would be patient to wait a bit more then all would be good. Who else make millions on just a week ? None. Im saying this not just to promote holding but also encourage all those crypto users be patient and be calm on the price drop. Youre still not loss until you sell it on low price. Hold it for a while, if you are weary and try investing on others like ICOs until you almost forget it and go back when it pumps again. Nobody know when would it be increased but it would. Be strong people.
Yes Bitcoin does have very fluctuating characteristics, so for anyone who does not have good patience then Bitcoin is not the right choice. For people who can be patient then investing in Bitcoin can be a very choice. As it is today, the Bitcoin price trend is on the decline and it can make a tremendous panic. Yet if we can be calm and be patient can be a few days ahead Bitcoin prices will again increase, so this can not be predicted. But with calm then we can think carefully and see whether the situation will rise or not. A smart and experienced person will say that Bitcoin can bring us to extraordinary wealth. Theoretically Bitcoin is indeed the most penomenal investment that existed in this millennial era. I disagree,bitcoin is best for both short and long term investment because of its price volatility.For example if you buy bitcoin today the price is about $8000 but in a day or so the price may hit $8500 or $12000 too so it is possible to make money in short term too.But in the long term investment you can get the real profits long term means more than years.
Yeah bitcoin is for both long and short term investment if there is high price volatility which is very suitable for short term.But when we watch the price chart of bitcoin in long term it keeos increasing over the years so the OP meant to say that.
Sometimes I used to call 6 months as long term already here in crypto. So 1 month or 2 is still short term. But anyway, bitcoin is a good investment and even holding it in few months will surely give you a good gain. I think bears should be exhausted sooner and the bulls will be back.
How about if you're the type of person that treats bitcoin like a currency and--God forbid--you don't hold, but spend it? Bitcoinis a currency, right? But either way, whether it's long ir short-term holding periods, any interest in bitcoin is a plus.
Another thing: I'm not an economist, but high volatility doesn't seem to be appropriate for any argument for holding. I'd think volatility would be more conductive to short-term trading.
Another thing: I'm not an economist, but high volatility doesn't seem to be appropriate for any argument for holding. I'd think volatility would be more conductive to short-term trading.
I disagree,bitcoin is best for both short and long term investment because of its price volatility.For example if you buy bitcoin today the price is about $8000 but in a day or so the price may hit $8500 or $12000 too so it is possible to make money in short term too.But in the long term investment you can get the real profits long term means more than years.
If you want to have a short return of investment then not invest on bitcoin. Bitcoin is so volatile that even it increase and decrease in second. Most people complains about their loss on the price drop, I got loss too, but you will be broke when you sell it on a low price. If people would be patient to wait a bit more then all would be good. Who else make millions on just a week ? None. Im saying this not just to promote holding but also encourage all those crypto users be patient and be calm on the price drop. Youre still not loss until you sell it on low price. Hold it for a while, if you are weary and try investing on others like ICOs until you almost forget it and go back when it pumps again. Nobody know when would it be increased but it would. Be strong people.
Nice post OP I can feel your sincere comment and not just to create new thread. Most of the people complaining on losses bitcoin are those day trader who are lack of knowledge on trading. Some people still don’t understand that to be able to become successful you need to become patient on the market movement. If you notice no long term holder ever complain in the price dip instead they are happy because they can cost average and grab the opportunity of lower price of BTC. Cryptocurrency works best in long term hold and graph history will prove that. If you react too quickly poor decisions might arise.
So many people lose because investing bitcoin for the short term, then invest bitcoin better for long term
It Depends to because if you hold your bitcoin in january or buy on january then you hold it for now you might get loss a big deal for now.
the fact is,people do not know how to manage their portfolio and blaming the investment itself because of their fault.
Because most of the new investors think that investing Bitcoin or crypto is a shortcut to becoming rich in a quick time. If that doesn't happen then they will start complaining. But everyone should know that every there is a chance to become rich faster you can lose money also faster.
the question is,did they do some research before investing their money on it ? or did they know about the fact that its price can change at anytime because it's very easy to get manipulated by people ?
if they know about it,they should have make a plan if something goes wrong.
if they know about it,they should have make a plan if something goes wrong.
Many newbies in last bull run they never did their homework just because of the media hype they simply invested money and now they lost the money. But if they can wait or average down their price now then they may make a profit in the future.
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