Topic: Don't hold Bitcoin for long time. - page 105. (Read 10734 times)
You might have shared your experiences with Bitcoin, but buying in dip and holding is also good option. But I think Bitcoin have strong future in long run.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
You can hold some altcoin and bitcoin at the same time. It is much better to have to diversify your investment because there are also altcoin which will grow in the market and make profit. Holding much for only one coin makes long to gain profit unlike when you sell even small profit then buy altcoon that also profitable. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
while the market is falling in price, there is no point in investing. and I agree that some altcoins can make a profit more than bitcoin in a short time.
What do you mean that no point in investing? You should also look at the bright side, when the price is falling down, its the best time to get them because they are quite cheap and its one of the best strategy. Its been proven, so instead of selling at dip, everyone should buy and accumulate.
But yes, altcoins can also give you good profits, as long as you are very lucky to invest on a coin that suddenly grow exponentially in just a matter of days. Yes, there are a lot of cheap coins that can grow like that but you need some luck in finding the needle in the hay stack.
it makes no sense to just keep the coins on the wallet, it does not matter bitcoin or something else, the coins should be traded in plus on the exchanges, the number of coins increased
hanks for the advice you give, but holding too long bitcoin also does not lose, because when the movement of bitcoin price increases, then we will get big profits. so holding bitcoin for too long, we should be able to pay attention to movement of price and volume charts in crypto market.
Yes you are right, it is better to use capital for trading or to follow the legit ICO.
It's look like highly risk now to invest on ICO. I just want to explain, once market down you can get a chance. Buy alt coin and hold it up to reach on your target. Good coin never give you loss. Just need pateince.
In my opinion bitcoin is stronger than any altcoin, and in altcoins because of erc20 there is 90% scam, so just hodl bitcoin and you will increase amount of your fiat.
Yes you are right, it is better to use capital for trading or to follow the legit ICO.
It's look like highly risk now to invest on ICO. I just want to explain, once market down you can get a chance. Buy alt coin and hold it up to reach on your target. Good coin never give you loss. Just need pateince.
Altcoin can bring you much profit, but it's not that stable and reliable as bitcoin. That's why people hold bitcoin, cause you buy it on dump and hold, and receive profit.
I don't think so. Long time holding bitcoin can avoid many risks, and bitcoin relative to Fiat has been maintaining rapid growth.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
If we want to make more profit then we should invest in potential ICO projects. That will be where we send money and will draw a lot of money if the projects we invest are successful and are listed on major exchanges.Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
you're absolutely right. Long-term investments in Bitcoin should not be made. We can only invest long term in Altcoin. Because the price of altcoin is very cheap now. Maybe in a few years the altcoin will increase 100 times
Yes, there are a lot of cheap altcoin. 2018 is suitable for investing in altcoin rather than BTC. The BTC is out of date and will have to give up the development. There are many potential altcoin. So long term investment in altcoin is a right investment
you're absolutely right. Long-term investments in Bitcoin should not be made. We can only invest long term in Altcoin. Because the price of altcoin is very cheap now. Maybe in a few years the altcoin will increase 100 times
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
I do not think BCH will develop like Bitcoin. Although BCH is made up of Bitcoin, BCH may fail at any time. There are a lot of coin created like BTG, BTD and that's the coin I think they have failedBecause if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
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 also agree with your opinion. There is a lot of negative news for bitcoin, I will never sell Bitcoin at the current price. hold bitcoin will be very beneficial in the futureI will hold my btc
I do not like long-term investments as welll and actually people make money more by buying and selling. However it is pretty risky to invest in ICO while Bitcoin is a stable curreb=ncy that constantly grows. I do not think Bitcoin will loose its value
if you think about the velocity of money quickly, would love to buy then a little hold and then sell it, and I agree that. but if you think that bitcoin price is stable then you are wrong. because the nature of bitcoin is fluctuating. 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.
No, you should not have such negative thoughts. Long-term investment in the crypto market is heavily used. and almost all earn money through long-term investmentI make more money by buying and selling.
It is necessary to follow the market constantly.
I usually trade bitcoin in the day because the price of Bitcoin is very unstable. Sometimes the bitcoin price can rise to $ 1000 in just one or two days. If I hold the bitcoin for a long time, I do not think I can make much profit
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 do not agree with your opinion. Although the price of Bitcoin has grown tremendously. But in the future, the price of Bitcoin will probably increase to $ 50,000. So long term Bitcoin hold is still the most effective wayBecause 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, keeping a bitcoin for a long time will only help us earn 10-20% of profits in a few months. Only those who own bitcoin from many years ago can earn huge profits.
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