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Topic: BITCOIN is for long term investment - page 9. (Read 1814 times)

member
Activity: 238
Merit: 10
April 10, 2018, 10:09:40 AM
I think according to me day trading is  not advisable because it takes time and patience to increase in bitcoin price, for me there is nothing better than bitcoin now if you are well patient guy, you are saying day trading is good. I think bitcoin will really rise soon so then if we say long term investment, maybe it is not kind of a long term because bitcoin is said to be a high on volatility and it's price may rise and fall in a verry short period of time
member
Activity: 273
Merit: 10
April 10, 2018, 05:33:00 AM
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.
You should not invest in bitcoin at this time, it is very clear that bitcoin and altcoin prices in the past days are constantly fluctuating and difficult to guess. At present, bitcoin prices are continuously decreasing and are currently at $ 6600 level and are still adjusting. So you buy bitcoin at this point the risk is very high and can be very big losses if the bitcoin burst.
full member
Activity: 420
Merit: 101
Earn crypto for being contacted
April 09, 2018, 03:11:48 PM
I think so, bitcoin is very suitable to be used as a long-term investment, because every year its value is always increasing and even in the past year precisely in December, bitcoin has reached the highest price in history.
We all know that bitcoin was made in 2009 and now it's been running for almost nine years, since its phenomenal existence brings such fantastic value, making bitcoin more popular in the world and the interest of many people to adopt bitcoin as an asset or savings in the future the higher it is.
full member
Activity: 560
Merit: 100
April 09, 2018, 03:10:13 PM
Yes it is bitcoin is good in long term investment. You can do short term investment but you will have a low profits because bitcoin pumps in a long time. I think long term investment with btcoin is a good idea because it can give us big profits in the future and if you are willing to wait until you reach your desired profits. When it comes to long term investment you need a big ptience because sometimes bitcoin is hard to pump in the market of cryptocurrency.
Long term investment could make sense only if a person has been into the digital assets since many years or so because it does require a specific skill set which is intended to be earned by experience and hard work. On the other hand in my view short terms are more preferable as long term investments are risk due to the volatility factor involved in the use of coins.
what did you say exactly today is happening. Well, people invest in Bitcoin their funds in the hope that I will soon their investment will double at least. But that did not happen. Virtually all lost several times more than they invested.
hero member
Activity: 1092
Merit: 501
April 09, 2018, 02:08:06 PM
Yes it is bitcoin is good in long term investment. You can do short term investment but you will have a low profits because bitcoin pumps in a long time. I think long term investment with btcoin is a good idea because it can give us big profits in the future and if you are willing to wait until you reach your desired profits. When it comes to long term investment you need a big ptience because sometimes bitcoin is hard to pump in the market of cryptocurrency.
Long term investment could make sense only if a person has been into the digital assets since many years or so because it does require a specific skill set which is intended to be earned by experience and hard work. On the other hand in my view short terms are more preferable as long term investments are risk due to the volatility factor involved in the use of coins.
full member
Activity: 406
Merit: 101
April 09, 2018, 02:11:52 AM
we can invest in bitcoin in the short and long term but it will be more profitable for long-term investment because it has a smaller risk
There are certain people who are also using bitcoin for the sake of day trading and short-term investment of money but the fact is bitcoin is the most favorable coin when it comes to that of long term investment of money. You need to go for bitcoin when you have this habit of controlling your nerves at tough times and that you think you will not end up making any false decision.
newbie
Activity: 90
Merit: 0
April 08, 2018, 11:01:54 PM
Thanks for the explanation. I gotta follow your tips thanks Smiley
newbie
Activity: 154
Merit: 0
April 08, 2018, 06:55:11 PM
Bitcoin is best for long term investment because most of the people are now buying bitcoin and after some time there will be more demand of bitcoin and supply will be less so the price will increase faster so it's better to invest now and enjoy the profits later.
member
Activity: 149
Merit: 12
April 08, 2018, 06:13:58 PM
I fully agree with your position. I can say the same about ETH - you just can purchase those two and wait for several years. patience is our best friend.
full member
Activity: 1036
Merit: 109
April 08, 2018, 05:19:53 PM
That is why a lot of people lose money on bitcoin especially those people who just got FOMOed on investing on bitcoin. Bitcoin is volatile and take note that those crypto millionaires who became rich because of bitcoin invested when the price was so cheap and patiently waited for years for bitcoin to reach thousands of dollars.
member
Activity: 252
Merit: 10
April 08, 2018, 04:50:56 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 think that at the moment it is very difficult to assess the value of bitcoin, the market is going down and there are signs of falling into crisis. Therefore, it is very difficult for us to provide accurate definitions of bitcoin. I believe the board will continue to decrease in the coming days so you need to have a short-term investment plan.
sr. member
Activity: 770
Merit: 253
April 08, 2018, 12:02:04 PM
Investing bitcoin directly for me its not a good idea, due to it is only for the elite or can't afford type of people. Then if like to have bitcoin even you don't have any big capital to buy, it is much better for you to join in any bounty campaign then they rewards you a token/alts which it can be bitcoin once you sell it in the exchange platform.
Yes it is for long term investment that is why we need to have at least some bitcoin in our wallet, we must think of our future if we are gaining bitcoin don't ever think how much we are going to cash out but how much is our goal and how much we are going to invest.
full member
Activity: 361
Merit: 101
April 08, 2018, 11:55:18 AM
Investing bitcoin directly for me its not a good idea, due to it is only for the elite or can't afford type of people. Then if like to have bitcoin even you don't have any big capital to buy, it is much better for you to join in any bounty campaign then they rewards you a token/alts which it can be bitcoin once you sell it in the exchange platform.
hero member
Activity: 1036
Merit: 520
April 08, 2018, 10:45:38 AM
If you want to earn substantial profits by investing in Bitcoin, then you should invest in it for long term. But I guess people now days don’t have patience, which is why they are sustaining losses. But they should realize that no one can become rich in just a week. So have patience and don’t panic when you see the price falling.
yes new people seems so impatience , may be that's why the volume of market has been decreased a lot , they don't tolerate losses and then they expect big wins!
doesn't have a high chance to me in that way!
member
Activity: 308
Merit: 18
April 08, 2018, 09:05:46 AM
Yes it is bitcoin is good in long term investment. You can do short term investment but you will have a low profits because bitcoin pumps in a long time. I think long term investment with btcoin is a good idea because it can give us big profits in the future and if you are willing to wait until you reach your desired profits. When it comes to long term investment you need a big ptience because sometimes bitcoin is hard to pump in the market of cryptocurrency.
member
Activity: 294
Merit: 10
April 08, 2018, 08:50:16 AM
Well I think according to me day trading is  not advisable because it takes time and patience to increase in bitcoin price, for me there is nothing better than bitcoin now if you are well patient guy, you are saying day trading is good. Every crypto coin has its own specialty and has certain characteristics because of which the investors invest their money into that coin
full member
Activity: 238
Merit: 100
April 08, 2018, 08:26:33 AM
Many people telling that bitcoin is good for long time holding, but i don't think it is good to hold bitcoin. Bitcoin grow too fast in last year and for 100% increase, it need lots of money to push it up. Don't invest in bitcoin for long term, choose other altcoins and invest in it.
full member
Activity: 434
Merit: 100
April 08, 2018, 08:10:58 AM
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 think they are because look at their price in the market today they are very low and they are still falling and rising low so they are really nit good when you are planning to sell yours you are just gonna lose money in that decision. So just hold it for a long time at least a year to be exact and i know that it will take a ling time before they will recovered so it will really take a ling time for us holding the bitcoins because we eill just lose if we sell and to have profits is to have a lot of patience
full member
Activity: 966
Merit: 102
April 08, 2018, 06:58:13 AM
we can invest in bitcoin in the short and long term but it will be more profitable for long-term investment because it has a smaller risk
really if you want to invest to get a huge profit better investment in long reach. because already a lot of success by investing in bitcoin in long reach and the risk is also quite small if for myself
legendary
Activity: 1960
Merit: 2124
April 08, 2018, 06:51:57 AM
If you want to earn substantial profits by investing in Bitcoin, then you should invest in it for long term. But I guess people now days don’t have patience, which is why they are sustaining losses. But they should realize that no one can become rich in just a week. So have patience and don’t panic when you see the price falling.
Exactly, if you want the desired output from it then invest in it for a long-term as it had always seen as a long-term investment. However the price fluctuates quite often in between but all you have to do is keep patience and hold it for the long run and only then you'll be able to get a great amount of profit out of it as time invested in it is directly proportional to the amount of profit it provides you at the end...
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