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Topic: Don't hold Bitcoin for long time. - page 103. (Read 10734 times)

newbie
Activity: 168
Merit: 0
June 02, 2018, 05:57:01 AM
Your theory will work if we choose the right altcoin, because logically the growth of an altcoin will still affect the coin itself.
Simply put, you can imagine what happens now, if you send 10 Bitcoin to Electronum in January.
sr. member
Activity: 602
Merit: 250
June 02, 2018, 02:35:00 AM
hold altcoin and hold the bitcoin is the same. both crypto also has a great opportunity in the issue price. many support regarding crypto certainly it will be a boon for crypto if want to hold in a long time. Don't be in a hurry and sell at the low price for now.
newbie
Activity: 161
Merit: 0
June 02, 2018, 02:28:11 AM
I prefer altcoin, for a small investor like me it certainly is more profitable because the price is cheaper than investing in bitcoin, although sometimes the price falls due to the unstable bitcoin movement
jr. member
Activity: 406
Merit: 1
June 02, 2018, 02:26:54 AM
Advice from me, do not hold bitcoin for too long because you do not get a profit. Better to sell when prices go up and buy them back with bitcoin prices are falling, because the movement of bitcoin prices is so drastically unlike altcoin. At the same alcoin, sell above the ICO price.
full member
Activity: 770
Merit: 100
Adoption Blockchain e-Commerce to World
June 02, 2018, 02:24:51 AM
Very difficult to choose bitcoin or altcoin, if seen from its price is higher altcoin but if stability problem bitcoin price more stable in appeal altcoin. Both have their respective advantages and disadvantages so it will be difficult to choose it.
If both have their respective advantages means depending on taste,
if I choose both I think it does not matter,
let alone bitcoin and altcoin are just as good
newbie
Activity: 168
Merit: 0
June 02, 2018, 02:21:39 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 ?

yes you are right because if we hold our bitcoin, in the long run, we will not benefit because soon bitcoin prices will return to a stable price and can be a lie because some people say if not for long bitcoin will skyrocket to high prices and get more profit from 100%

sr. member
Activity: 910
Merit: 254
June 02, 2018, 02:17:40 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 ?
Bitcoin is mostly seen as a stable and long term investment. Also, since bitcoin is the most popular currency, people do not fear putting their money into it.
Other coins do not have as much popularity and people feel scared putting their into them. If you perform a survey you would realize that people only know about bitcoin and ethereum. Other coins are not popular.
So any new investor will look at bitcoin first before investing in other coins.
jr. member
Activity: 224
Merit: 1
June 02, 2018, 02:15:07 AM
Very difficult to choose bitcoin or altcoin, if seen from its price is higher altcoin but if stability problem bitcoin price more stable in appeal altcoin. Both have their respective advantages and disadvantages so it will be difficult to choose it.
newbie
Activity: 112
Merit: 0
June 02, 2018, 12:30:56 AM
I think it's better to hold bitcoin for a long time than to put it on a coin that has not had a clear development yet. Because bitcoin already has a strong potential that can clearly develop its value. With me holding it for a long time, I will also get a decent result.

Yes, I agree. I still think holding bitcoin is quite a good investment. Yes, it might still be like 1 btc, but its price is different from time to time. Bitcoin's price is very volatile, so with patience and good strategies, we can earn more in the future.
newbie
Activity: 110
Merit: 0
June 02, 2018, 12:23:37 AM
I think it's better to hold bitcoin for a long time than to put it on a coin that has not had a clear development yet. Because bitcoin already has a strong potential that can clearly develop its value. With me holding it for a long time, I will also get a decent result.
jr. member
Activity: 210
Merit: 3
June 01, 2018, 11:29:39 PM
Everyone has their own opinion, and I think long-term investment is a good choice, and we can use portfolio investment, because no one can predict the rise of bitcoin prices.
hero member
Activity: 1274
Merit: 500
June 01, 2018, 11:23:14 PM
I disagree with you, Bitcoin is the best coin with the strongest liquidity of all existing cryptocurrency
with the presence of Bitcoin, the market cryptocurrency becomes more crowded
even BTC able to control all altcoin like ETH, LTC, NEO, WAVES, and others
Almost all currency pairs use BTC. I think Bitcoin is of great importance to this market as the need to use BTC for trading is increasing and they are accepting Bitcoin and seeing Bitcoin as a very useful asset like gold. I personally believe Bitcoin will increase in the future and people just wait to see this
member
Activity: 378
Merit: 16
June 01, 2018, 11:03:53 PM
I disagree with you, Bitcoin is the best coin with the strongest liquidity of all existing cryptocurrency
with the presence of Bitcoin, the market cryptocurrency becomes more crowded
even BTC able to control all altcoin like ETH, LTC, NEO, WAVES, and others
member
Activity: 308
Merit: 10
June 01, 2018, 10:59:03 PM
You are right. But I have some different idea. It may not bring us so much profit but it will sure bring us profit if we are patient enough which may be less. But the ico is woo risky now. It can bring us more profit,  but we may lose our money in high rate.
newbie
Activity: 19
Merit: 0
June 01, 2018, 10:40:40 PM
I think it is better to hold both bitcoin and altcoin on long term because they both have great advantages and potentials to yield big profit. As long as you are patient to find a good altcoin to invest in, you are sure of making profit. Bitcoin is a stable coin and has the potential of doing better than most altcoin in future.
newbie
Activity: 196
Merit: 0
June 01, 2018, 01:46:47 PM
Everyone  him self chooses exactly how he will invest. Personally, I accumulate bitcoin and do not exchange it for other currencies, I have a deposit for trading with which I earn, but most of the funds are stored  in bitcoin.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
June 01, 2018, 01:40:00 PM
Right. You should not keep bitcoin for long periods of time. Bitcoin is a virtual currency and bitcoin prices are always rising rapidly. Too much risk occurs when you keep the bitcoin. You will be severely lost. So you should sell bitcoins when possible.
newbie
Activity: 57
Merit: 0
June 01, 2018, 01:06:24 PM
If you are a trader, and you follow the news from Crypto-currency, you will not keep them for long, because you will have time to wrap your money much faster on altcoin
member
Activity: 238
Merit: 10
June 01, 2018, 12:41:04 PM
Good analogy, but I think not many altcoins are able to grow bigger than Bitcoin.
Of course on the right coin, your theory will look perfect. But if you choose the wrong coin, it will also apply the opposite.
full member
Activity: 549
Merit: 100
BBOD - The Best Crypto Derivatives Exchange
June 01, 2018, 06:41:47 AM
Bitcoin or Altcoin is the same because they are both unpredictable, short term or long term always have a risk though you could also gain more profit. just be careful on choosing the best coin and hold then I'm sure you will make a profit from it.
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