Absolutely agree with your opinion. We should not hold Bitcoin for too long. If it were me, then I would decide to sell all of Bitcoin's assets to invest in ETH or altcoin
Topic: Don't hold Bitcoin for long time. - page 106. (Read 10769 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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
You should always diversify and never only hold altcoin only or Bitcoin only. You say that holding Bitcoin for a long time will not gain much profit. People already told that when BTC was trading around 20 USD. Think about that... Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 will not give much growth anymore, as I think, it's a complicated crypto currency for me. The maximum growth I think will be up to 20,000 dollars, I do not think that this year.
It is still better than traditional investments. There are alot of growth. I don't know how you came to a conclusion like 20000$ but I think it can go way beyond than that in a long term.
Bitcoin will not give much growth anymore, as I think, it's a complicated crypto currency for me. The maximum growth I think will be up to 20,000 dollars, I do not think that this year.
I still hold some bitcoin in the long run up to the high price, so I have no problem to wait, but besides that I also play a bit from my other fund to get the profit so it does not disturb my main fund
You are quite right, holding for years it's not a good option, you must follow the market flow and buy or sell at the right time
It makes sense, so it's much better to hold long-term altcoin than bitcoin,
and it's good to build a portfolio from any kind of altcoin. but I think people who hold their cryptocurrency assets for long-term will hold them either bitcoin or altcoin.
and it's good to build a portfolio from any kind of altcoin. but I think people who hold their cryptocurrency assets for long-term will hold them either bitcoin or altcoin.
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
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
when we have coin bitcoin surely we immediately see the market price. when the market price is good we will immediately sell ..
but when the market price is unstable I will hold the coin for a few weeks ..
do not be sorry for being too hasty "to sell bitcoin
Bitcoin is the king of cryptocurrencies and at the current price in my opinion is to be purchased and kept at least six months. Even for the alt coins you can use this strategy, because the market has fallen a lot, and I think in the coming months there will be a good recovery that could give, to those who have a little patience, good earnings
In my opinion, the best strategy will be selling Bitcoin at the peak of its growth and buying at the lowest point.
Theoretically it is very good. But in practice it is very difficult to do this. We can not accurately guess when bitcoin has a peak in growth and when the price is at the bottom.
if i personally hold btc in long run no problem. because it's btc takes a long time to ride.
when it has gone up selling only. do not be too lustful
when it has gone up selling only. do not be too lustful
In my opinion, the best strategy will be selling Bitcoin at the peak of its growth and buying at the lowest point.
not bad hold bitcoin and profit in the $ flats that we need is in the flat, this investment is easy to do and suitable for the fear of trading. storing bitcoin until next year is probably an interesting thing
Yes, such a reasoning is true. Bitcoin already has a pretty decent price and I do not think that it will now grow rapidly in price, at least in the near future. It is also possible to increase it and return to the previous course. Under such circumstances, a simple long-term retention of bitcoin will not bring a good profit. Here it is necessary either to periodically sell some part of the bitcoins with a significant increase in its rate, then buy it again when it goes down, or invest its funds in more promising coins and tokens. I think that people have already made sure that the constant increase in the price of bitcoin will no longer be.
Yes i agree with you. If you keep holding bitcoin for long time you wont gain any profit. Just see in the market if the price is high, sell your coins immediatly so you can gain much money.
Holding bitcoin does not really matter as long as we really understand the market situation, But, It all depends on each person in playing crypto and is ready to fall.
Ask me anyday I will trust in Bitcoin
It's all nonsense, just think how much people would have earned who bought bitcoin 3-4 years ago. It is best to buy in a long time.
You may be right somewhere, but your comparism doesnt always work out the way you think. Take for instance, bitcoin may rise and the increment is up to $400 within a day. But if you convert that amount of bitcoin to USD and use it to buy other tokens, there might be an increase one day, but it wont be immediate. Imagine making $400 profit almost everyday and compare it to earning $1000 in the next month.
In my opinion, on the contrary, you need to buy BTC forever and keep it for long periods, because it is stable in price and there are moments when it grows up and this is a good case for profit.
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