Topic: Don't hold Bitcoin for long time. - page 107. (Read 10734 times)
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!
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
What you are describing is trading and you make it look like it is simple to do. That any body can do it. This is not so. Trading requires training and even with training not every body can still do it. What if the BCH price goes do while btc rises. Answer that question man. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 your statement. I keep my assets not only in Bitcoin, but in other coins. Since I believe that keeping only one coin will lead to complete collapse.
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.
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 ?
Yes holding Bitcoin in long term is not a good since this is very volatile , and the price of BTC is always moving up and down, so it will change the price within days or weeks , I think it is better to go for buy and sell in short term .
I suggest to monitor the price of BTC hourly so that you have a referrence , if you're going to buy or sell .
Yes If you are full of information about Bitcoin's future. Then you can withhold the existing Bitcoin.Bitcoin is a very popular coin, and this is the top coin of all Cryptocurrency coins, so the better coin we hold will also return a better income.
really holding back bitcoin for a long time will benefit. otherwise if we sell bitcoin will definitely regret it, but we have to buy bitcoin at the time of down the price. do not buy when bitcoin has gone up.
Yes If you are full of information about Bitcoin's future. Then you can withhold the existing Bitcoin.Bitcoin is a very popular coin, and this is the top coin of all Cryptocurrency coins, so the better coin we hold will also return a better income.
I think, YES
The idea is to get as much coins as you can and just leave this case for some years
And only SOMETIMES make changes in your crypto-capital
So just long hold, why not - it any case it would be profitable
The idea is to get as much coins as you can and just leave this case for some years
And only SOMETIMES make changes in your crypto-capital
So just long hold, why not - it any case it would be profitable
Why not? I think holding Bitcoin or altcoins for a long time is not a bad idea. I believe when I hold it, I could earn. It could happen in the near future and it will happen in the year of 2019 or 2020. Just Buy and hold bitcoin when it's cheap. That is a best way to make your money in the future.
You made the mistake of advising us not to hold Bitcoin for long periods of time. If you do day trading, you can reduce the amount of Bitcoin you own instead of increasing the amount of Bitcoin you hold. The market is very volatile, and there is no success rate for trading.
I think that is the point why people are holding bitcoin for long term because even if they are only holding 1 bitcoin eventually its value will increase in time. And that's what they are looking forward, for bitcoin to reach thousand of dollars in time.
Yes your right but it depends on what altcoin your holding but sometimes altcoins goes to dump but i prefer to hold bitcoin for longterm because its price is rising.
There you can talk for a very long time, but it's best to say right away that if you are holding a BTC holding, you need to look at its news, it's still a very risky asset, which today is subject to integration into the system.
Now a very unsettled situation on the market, I think that it will last a long time, because there are no positive forecasts…
I still hold bitcoin at least in more than one year and I think it's good for me because from the first time I knew bitcoin, the price increases significantly and I think it will increase higher in the next year. so I don't think that to hold bitcoin for a long time is not good for every people because this is their way and I think people will know what they should do with their bitcoin. maybe some of us still hold their bitcoin and some other just buy and sell bitcoin to make money. so I think we have a different view on bitcoin itself because each of us has different goals.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
I think that keeping eggs in one basket is not worth it. One must have bitcoin and its altcoins. This increases your chances of success. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 use Bitcoin as payment and saving my money. I think it's more profitable than just save in bank. Because I can get some profit when the price got higher. But when I had some extra money, I usually try to invest in ICO. But sometime, I get some losses with invest in ICO. So it's depend on your plan. My plan isn't make Crypto as main job. It's just like side income for me.
I dont agree.You can hold BTC for long time as well as altcoins.If you know your doing in investment , it doesnt matter at all.
I have strategy where i keep 50% in bitcoins and the other part in altcoins. In that case my portfolio shows smooth results without huge peaks.
I do not think it is a correct point of view.I think holding a bitcoin in your hand is a guarantee.I think investing in subcoins is important too, but I should not forget the popularity of bitcoin
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