Topic: Don't hold Bitcoin for long time. (Read 10770 times)
Counsel from me, don't hold bitcoin for a really long time since you don't get a benefit. Better to offer when costs go up and repurchase them with bitcoin costs are falling, in light of the fact that the development of bitcoin costs is so radically not at all like altcoin. At the equivalent alcoin, offer over the ICO cost. In any case when Bitcoin going up to 100k$ you will have benefit. Be that as it may, it's a long-long haul holding. On the off chance that you mean couple of months hold perhaps your right.. be that as it may, my wager contribute to altcoin.
Bitcoin is perhaps the best coin to hold long term. I would happily bury private keys in a vault underground, and happily reap my millions 20 years for now. 90% of the other crap wont be around
I agree, bitcoin holding for a long time will be worth the wait because it can give us high potentials of gaining huge profit from storing it. If I could just have more extra funds I will store some bitcoin and hold for a while.
It is a good investment to invest for long term, but you should also think that investing in bitcoins is risky and invest only that much which wont affect you if it goes zero or dead. It is just like you are investing in mutual fund that way you can invest daily or monthly, so this way you can average your buying price.
I think that he, on the contrary, will bring more benefits if you keep him for a long time it is better for him
Bitcoin is perhaps the best coin to hold long term. I would happily bury private keys in a vault underground, and happily reap my millions 20 years for now. 90% of the other crap wont be around
I agree, bitcoin holding for a long time will be worth the wait because it can give us high potentials of gaining huge profit from storing it. If I could just have more extra funds I will store some bitcoin and hold for a while.
Bitcoin is perhaps the best coin to hold long term. I would happily bury private keys in a vault underground, and happily reap my millions 20 years for now. 90% of the other crap wont be around
I do not agree with the author. Most countries have a population over 21 million therefore if, as an example, everyone in Canada wanted to own one bitcoin each even after the last bitcoin had been mined that wouldn't be possible.
I agree. It is impossible for everyone to hold Bitcoin. That's why we need other alternative coins that are as good, have good platforms, and use secure technologies.so at least not only holds in the long run to generate even more profits.
If crypto is a full time job for you, that you`d better trade than hodl. However, there are people, who have a real life job, so hodling for them is acceptable
Better a lot of good tokens to buy. Than bitcoin. This is the fastest way to make money. So I vote for Altcoin investment.
Of course don't hold Bitcoin too long, you should need to invest and reinvest in several altcoins. Participate in various ICOs. Cryptocurrency gives us now a good opportunity to produce. Don't miss the moment.
I do not agree with the author. Most countries have a population over 21 million therefore if, as an example, everyone in Canada wanted to own one bitcoin each even after the last bitcoin had been mined that wouldn't be possible.
I agree. It is impossible for everyone to hold Bitcoin. That's why we need other alternative coins that are as good, have good platforms, and use secure technologies. It is clear that profit will grow only in dollars. But if to look on the other hand - bitcoin now the most reliable cryptocurrency in which it is possible to keep the money. The same ethereum has fallen in price much more than bitcoin.
Yes, of course I see the bitcoin is the only crypto has the potential for investment, but the problem is long term or near-term I think it relies for owners of assets. I myself prefer to trade daily with the conditions, but I now see I better hold your bitcoin me in a long time.
It is clear that profit will grow only in dollars. But if to look on the other hand - bitcoin now the most reliable cryptocurrency in which it is possible to keep the money. The same ethereum has fallen in price much more than bitcoin.
Holding bitcoin in the long run is not a bad thing, because bitcoin is the strongest and occupies the top position in crypto. And if you talk about profits then at a certain time bitcoin prices increase then you can use the opportunity to sell, and when falling like this then holding is the best. I still choose to hold in the long run because it gives me to get a better price.
botcoin is a stable crypticurrency and it is my choice for a long term holding as i believe in it n dwe will see taht it is true Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
i dosagree and i think taht we will see bitcoin rising high amd we will see this quite soon so lets have a little faith in it Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Holding bitcoin in the long run is not a bad thing, because bitcoin is the strongest and occupies the top position in crypto. And if you talk about profits then at a certain time bitcoin prices increase then you can use the opportunity to sell, and when falling like this then holding is the best. I still choose to hold in the long run because it gives me to get a better price.
BTC is not bad for trade with stable coins. It can simply used for scalping or daytrading. And this type of trade with such instruments has less dangerous then altcoins trades. Because of I have BTC and USDT only.
Well I like your analysis and believe it will work well but let's consider the other side of it. What if BCH didn't grow as Bitcoin does?
To make money on this market. Altcoins should be used. Bitcoin is growing too long. This is difficult, but we really should now pay more attention to the Altcoins.
Of course, if a cryptocurrency user invested in Bitcoin in 2016 or even earlier, one and a half today's price is very good for him, because the profit is several times more than the sum of the investments. But if the investments were in 2017, then the current price level is practically the collapse of everything. 
I adhere to the rule that bitcoin is just a settlement coin. Some projects are very profitable. I'm just diversifying my investments.
Yes, there are some scenarios that you need to have diversified into other investments just to have your profit targeted. When you holding BTC is still the same amount you hold nothing change but the value of that will surely grow either up or down. So, in my own, I just prefer to hold than anything else I know the value of it will grow higher after how many years. Let's think positive on bitcoin so that others can motivate people and contribute the market green by holding Bitcoin.
To make money on this market. Altcoins should be used. Bitcoin is growing too long. This is difficult, but we really should now pay more attention to the Altcoins.
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