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Topic: Don't hold Bitcoin for long time. - page 100. (Read 10769 times)

sr. member
Activity: 826
Merit: 256
June 07, 2018, 03:13:18 AM
How long is long time? Sometime in a year, the price of the bitcoin pump high which enables its investors to take profits before it go down again. These investors have spent months waiting for the bitcoin to go up again. I used to hold bitcoin within a year until it would become bullish again and sell it when it reach its highest price of the year. The first quarter of the year is usually a bearish quarter and that the right for me to buy bitcoin again at its lowest price.
newbie
Activity: 164
Merit: 0
June 07, 2018, 03:10:03 AM
I do not like long-term investments in the crypto market. It makes more sense to make money by buying and selling.
I make more money by buying and selling.
It is necessary to follow the market constantly.

I agree with this. The buy and sell trade can also be applied in cryptocurrency. That way you won't have to store your coins for too long and fear someone might steal your coins. But there are also disadvantages such as investing more time following the flow of the crypto market and the possibility of getting into a bad trade which might make you lose instead of gain more.
jr. member
Activity: 151
Merit: 1
June 07, 2018, 02:56:43 AM
I totally agree with the first post, but it has Tobe done meticulously, and choosing good alts than grows, also don't hold too long
jr. member
Activity: 146
Merit: 1
June 07, 2018, 02:50:01 AM
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 ?

In the long run, I still think holding bitcoin for a long time will bring more profits.

Only those who owned bitcoin a few years ago could make a big profit.
member
Activity: 294
Merit: 10
June 07, 2018, 02:46:18 AM
Personally, I'm sure that you always need to monitor the situation and dynamics in the market. After all, at any time against the background of positive news, BTC can start its active growth, so I prefer HOLD.
newbie
Activity: 85
Merit: 0
June 06, 2018, 09:57:20 AM
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 ?

No, I personally hold my bitcoin for long term, because I believe the bitcoin is the future currency. It will dominate in the future.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
June 06, 2018, 09:54:14 AM
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 agree. Holding altcoins is more profitable because you can get profit in two ways: bitcoin rises against USD and altcoin rises against bitcoin. That way you can double the chance to win.

but it depends on the coins that we have because not all altcoin will increase in the long-term and it's only for some coins. but I agree that we should hold both altcoin and bitcoin in the same times because we have a big chance to make a big profit especially if altcoin and bitcoin can increase together so we can make a lot of money.
full member
Activity: 350
Merit: 100
June 06, 2018, 06:34:18 AM
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 agree. Holding altcoins is more profitable because you can get profit in two ways: bitcoin rises against USD and altcoin rises against bitcoin. That way you can double the chance to win.
newbie
Activity: 140
Merit: 0
June 06, 2018, 04:25:57 AM
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 agree with this it is much better to diversified your investment. Not only BTC now exist in the market but also alt coins. There are many decent and trusted alternative coins now wherein you can also invest in. It is same holding and same profits.
newbie
Activity: 102
Merit: 0
June 06, 2018, 04:18:31 AM
This is not necessarily the case. If you purchased it in 2004, do you think it will not continue to hold it? You can sell part of it. The rest is just like holding it.
full member
Activity: 324
Merit: 100
June 06, 2018, 04:16:49 AM
I think that bitcoin should now hold, and in no case should not sell, as experts promise that its price will rise to $ 50,000.
newbie
Activity: 71
Merit: 0
June 06, 2018, 04:14:19 AM
I don't want to hold my bitcoin in a long term period. I do experienced it already that i hold my bitcoin for long and the result is it decreases gradually the value, so I'm a little disappointed to myself that i did not make a move when it first come out. I learned my lesson now that i should not hold it for long because we cannot assure if the value will gonna soar or dump, if i think the value is good I will go for it.
newbie
Activity: 98
Merit: 0
June 05, 2018, 10:01:13 PM
It could be possible that Bitcoin will loose value in the next couple of years, because there are a lot of coin that could be better in the future. But I am sure that this will take a long time, because Bitcoin is the daddy of all currencies!
newbie
Activity: 125
Merit: 0
June 05, 2018, 05:38:49 AM
On the one hand you are right, but still many people and probably me as well not so crypto related and we still need currency to pay bills, buy something to eat and so on.
I will hold my btc
member
Activity: 219
Merit: 10
June 04, 2018, 11:02:43 AM
If you don’t hold bitcoin for a long time you can lose your money because without hold you can’t make a huge money so you must hold your bitcoin for a long time. I'm also buying a huge amount of bitcoin and I hold it for a long time because I know without hold I can’t make a big profit. When I buy bitcoin on that time bitcoin market price was only six thousand dollar but the recent market price is seven thousand par bitcoin so still, now I also make a profit for my hold.
full member
Activity: 322
Merit: 100
June 04, 2018, 10:47:18 AM
In my opinion, On the one hand you are right, but still many people and probably me as well not so crypto related and we still need currency to pay bills, buy something to eat and so on.
I will hold my btc, I'm more confident if for a long period of one year or two in the future, and with this long-term investment I'm sure I can make a lot of money.
full member
Activity: 310
Merit: 114
June 04, 2018, 10:34:56 AM
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 think you got it wrong on holding bitcoin. If you hold bitcoin on the current price and it pumps and skyrockets its value all you will get is the increase of the value of bitcoin or its usd/fiat value, not its amount. So other people doing is holding their bitcoin and sell it on their desired amount then rebuy after its dump.
member
Activity: 421
Merit: 10
June 04, 2018, 02:36:59 AM
Maybe your statement is correct, but I prefer to hold btc, because the risk of holding bitcoin is relatively small, but I cannot be sure about the future of bch, although it looks very bright.
full member
Activity: 364
Merit: 100
June 04, 2018, 02:34:58 AM
I think everything will be made cash in the end so if we hold bitcoin and the price goes up then our money will also increase and if we have altcoin same also later calculation so we will be lucky if have bitcoin and also altcoin in a long time and have price good and stable
full member
Activity: 1260
Merit: 100
June 04, 2018, 02:16:19 AM
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 ?

It is not advised to hold bitcoin for long time. Hold other crypto like ETH as well!
If you holding one coin only, you will not get a profit with large amounts. And the worst, if the price dropping, you will have a big loss from 1 coin.
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