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Topic: BITCOIN is for long term investment - page 7. (Read 1800 times)

legendary
Activity: 1414
Merit: 1001
April 14, 2018, 09:26:37 PM
Right bitcoin is a long term investment but who knows in one month bitcoin goes up at 20,000$ i think you sell your bitcoin. After that you will buy back again if bitcoin goes down. But now we need to do are hold bitcoin and wait for the right time to sell.
The key to trading is to exercise emotional control. When we can control our emotions and patience then we can achieve good results. Usually the failure of a trader is they can not put the right time when making a decision. It is very related to our step is to hold Bitcoin in a long time, but if we are smart to make decisions then we can take chances whenever, both short and long term. Emotions here can be said when we wait for the right time, for me to benefit with margins that little we can use, rather than have to wait too long and with results that can not be ascertained.
hero member
Activity: 630
Merit: 500
April 14, 2018, 08:58:43 PM
look back to history of bitcoin ,that will  tells us that long-term investment in bitcoin is a good decision. Many people who invest in bitcoins early are now rich. This is also the least risky choice.
newbie
Activity: 55
Merit: 0
April 14, 2018, 08:30:35 PM
If you are professional then you cam even earn a range of daily returns of 30-50$
newbie
Activity: 63
Merit: 0
April 14, 2018, 12:50:45 PM
I totally agree with you. Becaue if you want short period returns you gotta embrace alts
legendary
Activity: 2212
Merit: 1008
April 14, 2018, 10:06:26 AM
Many traders had lost their bitcoin and dollars by considering bitcoin is best one for short term profit.Once you had invested in bitcoin,you should keep the price periodically.When the price of bitcoin reaches any moon,you can sell your bitcoin with huge profit.If you are not satisfied with the price,just hold your bitcoin for long term.
Bitcoin is not like altcoins that could be used for day trading or short term investment. This is the beast of the market and so it expects from the investors to have huge patience when working with it. Those who are having small hearts, they are not supposed to move with it. The market of bitcoin takes time to set new records and this is where people lose their bitcoin. They fear that it would not recover at all.

Exactly! Bitcoin is the cryptocurrency that works for you only in the case when you are ready to make long-term investments and wait with a great patience for some time.
hero member
Activity: 756
Merit: 504
April 13, 2018, 03:36:40 PM
Its very very long debate that is Bitcoin a investment its going on for some time still have nothing but many peoples investing and have good impact of this investment I believe its for both versions mean you can invest for long term and short term but mostly you need to keep eye on market as its good for your investment if you investing for long term then you still need to keep eye as some time fluctuation happen very quickly and can give you good profit on very short term basis
full member
Activity: 420
Merit: 110
April 13, 2018, 03:28:12 PM
NO NO NO. Get your facts right bitcoin is not at all for investment may it be short term or long term. See everything we invest in has some utility. For example we buy shares of the company of whom we expect to earn profits. while when it comes to btc its utility is as a currency. That means if you are buying it merely for investment you are actually not buying the utility of bitcoin but merely a bubble. If everyone in this world would take btc as an investment and pump it upwards then there is obviously no point of btc indeed its a bubble in itself.
member
Activity: 994
Merit: 11
Daxetoken.net
April 12, 2018, 07:52:35 PM
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.

      I agree with you that bitcoin is best for long term investment. If you see the market of bitcoin very volatile it is not so good doing trading with it. Much better to trade altcoins then invest in some good ico and invest to bitcoin for long period of time. Have enough patience to wait your earnings in bitcoin because it will surely come.
newbie
Activity: 8
Merit: 0
April 12, 2018, 07:43:27 PM
A lot of people lose money in bitcoins because of the fact that they easily sell their investments ones the market value increases slightly and then get impatient and buy again at a higher price. This then results to mostly losses especially if after buying already at higher price, the market value of bitcoins decreases and maintains at that point for a long time. Investing in bitcoin ahould thought carefully and should be veered on a long term type and with a lot of patience since cryptocurrencies are really highly volatile.
hero member
Activity: 910
Merit: 507
April 12, 2018, 06:43:11 PM
Right bitcoin is a long term investment but who knows in one month bitcoin goes up at 20,000$ i think you sell your bitcoin. After that you will buy back again if bitcoin goes down. But now we need to do are hold bitcoin and wait for the right time to sell.
full member
Activity: 756
Merit: 107
PredX - AI-Powered Prediction Market
April 12, 2018, 05:31:28 PM
No body know the future of Bitcoin, so in my opinion will be better idea to trade it by swing trading, the price of Bitcoin too fast going up and down and this is a chance to make more profit by doing buy and sell.

Bitcoin is said to be high on volatility and its price may rise and fall in a very short time, which is why I believe that bitcoin can really give us huge returns if we will invest even in a short time or long-term investment. I believe that if we have patience, we can really earn many benefits

Bitcoin investment should be a long-term investment, which will help us to get big profits. But everyone has no the same mentality, many people want to earn huge profits in short  time. But that's not right. It is difficult to determine how effective it will be. So I think, Bitcoin is long term investment
newbie
Activity: 57
Merit: 0
April 12, 2018, 03:37:26 PM
Sounds great though I also planned to do the same so no issue actually Wink
member
Activity: 280
Merit: 10
April 12, 2018, 06:42:14 AM
No body know the future of Bitcoin, so in my opinion will be better idea to trade it by swing trading, the price of Bitcoin too fast going up and down and this is a chance to make more profit by doing buy and sell.

Bitcoin is said to be high on volatility and its price may rise and fall in a very short time, which is why I believe that bitcoin can really give us huge returns if we will invest even in a short time or long-term investment. I believe that if we have patience, we can really earn many benefits
member
Activity: 350
Merit: 10
April 12, 2018, 06:38:11 AM
I think so too. Bitcoin has long been on the market for cryptocurrency. Bitcoin is well known and trusted by many. Therefore, investing in bitcoins for long-term investment is a good idea. I believe bitcoin will bring you a huge profit that you can not expect.
newbie
Activity: 84
Merit: 0
April 12, 2018, 04:28:29 AM
you are right bitcoin is actually a digital currency that is made for long-term investments, bitcoin is not recommended for short-term investments because investors or traders just throw away the opportunity to get bigger profits if you invest short-term
hero member
Activity: 1008
Merit: 501
April 12, 2018, 04:17:01 AM
many are taking advantage of the declining prices of bitcoin and they are starting to accumulate bitcoin to be a long-term investment that certainly benefits for the next year or two years later, I think that's normal because they see the potential of bitcoin in the future
This is a very prime time and that you need to make the best possible use of this time by investing as much as you can into bitcoin as the market is very much low and that it can help you in having more bitcoins as well. The only thing which you need to keep in your mind is that you need to keep on holding all your bitcoins till the time you don’t see some very much positive increase in the market.
hero member
Activity: 2870
Merit: 594
April 12, 2018, 01:18:03 AM
I don’t know if I really see it as that… cause mostly what I see it as a ‘grab–the–opportunity–when–you–can kinda’ thing. Whenever I’m investing I do have my own targeting and when it happens to hit that target, I withdraw and leave the rest if actually it shows signs of going forward up from there.

With the current situation? Yes, I agree with the statement that I bolded. Just look at one example, bitcoin drops to $6500, let's say you get 1 BTC and then when bitcoin goes to $7500, it matter of days, you can easily dump it and take the profits ($1K). That's one example those daily traders do that's why we are having the break out that we all been waiting for.

That’s the time I become even more cautious of the price and will be checking it out when it will start dropping, when it does start dropping, I will immediately withdraw my money. When it goes to a very low price, I also invest back.

Yes, you can also do that method, which I prefer, just sell some when the price starts going down and then you can re-invest back when i continues to go down in several days.
hero member
Activity: 1022
Merit: 511
April 12, 2018, 12:58:27 AM
I don’t know if I really see it as that… cause mostly what I see it as a ‘grab–the–opportunity–when–you–can kinda’ thing. Whenever I’m investing I do have my own targeting and when it happens to hit that target, I withdraw and leave the rest if actually it shows signs of going forward up from there.

That’s the time I become even more cautious of the price and will be checking it out when it will start dropping, when it does start dropping, I will immediately withdraw my money. When it goes to a very low price, I also invest back.
newbie
Activity: 36
Merit: 0
April 11, 2018, 11:04:58 PM
Yes because btcs are the only cryptoz that can assure of even the least profit after long holdings
full member
Activity: 397
Merit: 100
April 11, 2018, 07:40:44 AM
I think it depends on your goals.

I used to go for long-term investment in this endeavor but then I had to learn it the hard way when I did not cash out my money during Bitcoin's ultimate peak in the last quarter in 2017. Look where the long-term vision brought me now? Moving forward, we are now approaching the second quarter of 2018 and yet I do not see any development in terms of its price since the year began. In fact, the price bottomed more than I initially expected.

Thusly, I can say that in a market that is very much volatile like this, it is best to insure our profits by cashing out every profit we get for tomorrow is never promised.
That is right, it really depends on our goals, if we are focus enough for a long term goal then we can do it, but if we are just seeking for a short term goal then we just set too how much we are aiming at as it is important to have a vision for everything whether it is for long term or short term goal.
No need to discourage this point. It is so valid that you must be having goals and objective defined with you. There mustn’t be an open field and you are like just going on and on. So no matter what are the circumstances, means long term or short term, you must have a fixed goal value and everything would be planned to achieve that one target. Things aren’t easy so keep a gentle look here.
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