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Topic: Don't hold Bitcoin for long time. - page 110. (Read 10734 times)

newbie
Activity: 89
Merit: 0
May 29, 2018, 09:33:31 AM
lol at the logic employed by most people rocking up here now

picking a winning alt is going to get a lot harder so unless you're a very very big student of crypto then sticking with btc is probably going to return you way better results long term

alts are diluting to nothing

there are perhaps at best 8 alts that are solid picks at the current price ... but finding them is not easy for 99% of people

most are not even in the top 100

If your holding bitcoin for a long time and the market suddenly drops very big I thinks there's no need to sell it to cut losses all we need to do is to be patiently waiting until the market price increases.
full member
Activity: 476
Merit: 124
May 29, 2018, 09:27:27 AM
It would entirely depend on your own strategy in winning against the volatility in the market. Diversification is a wise way of managing the risks involved in crypto world. Personally, I have invested heavily most of my holdings in alts that have good rewards by staking and master nodes. So far, by treating them as passive income, it covers my daily expenses.
newbie
Activity: 92
Merit: 0
May 29, 2018, 09:20:55 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 bitcoin and altcoin should be preserved because in the future this coin will be very high priced, and for altcoin I only select some coins that are priced quite stable for long term investment.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
May 29, 2018, 09:11:00 AM
#99
lol at the logic employed by most people rocking up here now

picking a winning alt is going to get a lot harder so unless you're a very very big student of crypto then sticking with btc is probably going to return you way better results long term

alts are diluting to nothing

there are perhaps at best 8 alts that are solid picks at the current price ... but finding them is not easy for 99% of people

most are not even in the top 100
full member
Activity: 476
Merit: 100
May 29, 2018, 09:09:26 AM
#98
Everybody choose trading strategy suitable for himself. When you convert bitcoin in 10 bch or any other coins and market will go down you will lose in cash and in btc. For me the best option is to buy bitcoin when the market is down like now and sell it when the market is on top and the amount of BTC will grow up faster and no so risky.
copper member
Activity: 275
Merit: 1
May 29, 2018, 09:09:09 AM
#97
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 good for long-term holding, but you also have to know when the best time to get into the market, you should also have useful predictions for your speculation.
newbie
Activity: 210
Merit: 0
May 29, 2018, 09:08:20 AM
#96
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 holding bitcoin for a long time is not good. How long is long?

In my own opinion, you can hold Bitcoin to think that price might rise in a certain period of time. Maybe you can hold it for at least a year or a maximum of 2 years. Your money will not grow if you will not use it.
full member
Activity: 602
Merit: 111
May 29, 2018, 09:06:38 AM
#95
Holding a crypto currency is like a gambling with them we never knows when it will give profits to us.But the people who holded the bitcoin made huge money in long term because bitcoin price increasing every year so we can invest on it again in the joe that it will increase in the future too.
member
Activity: 322
Merit: 15
May 29, 2018, 09:01:18 AM
#94
Long-term hold in crypto is definitely not good for now especially the red market is existing but why not choose short-term investments because we all know how volatile the market is and it is much profitable if use it also with trades.
sr. member
Activity: 979
Merit: 258
May 29, 2018, 08:57:19 AM
#93
My opinion to this is that, it would be better that not all of your funds will be invested in BTC and I think you should try to invest some funds from your btc to some promising alts and observe the market performance. Atleast, you will not be hooked up with btc only and explore other potential coin for your investment. Moreover, I am still confident that bitcoin will soon recover from this long bear market in the coming months and if that happens, that will be good also for the alts to grow as bitcoin is the main thing here. Every increase in the altcoins is due to the price increase of btc which is commonly what happens in the crypto market.
yes, I agree to this discussion. bitcoin is not for long term holding. I think the logest holding it only need is just a one year if you want because the price is still up in the month of ber. so if you invest in the month of june or any beginning month it is good because it is sure that in the ber months only the price of bitcoin hot higher. and the price of every year end if you compare are big gap
sr. member
Activity: 448
Merit: 252
May 29, 2018, 08:56:23 AM
#92
not all altcoins are growing in price in relation to bitcoin, the author of the topic has not opened anything new, this is the obvious thing
sr. member
Activity: 779
Merit: 250
May 29, 2018, 08:56:16 AM
#91
Holding bitcoin is the best strategy of all.
Don't shill bitcoin cash, the community doesn't trust the deceivers.
Don't hold bitcoin for long term? Hmm, i think it is depend upon your profit goals. There is a good result in holding bitcoin in a long term because we all know that crypto is volatile. Everything is temporary, so do price. You can hold it in long term 1 year or more but make sure that you monitor the price and get some news to decide whether to keep it or not.
member
Activity: 162
Merit: 10
May 29, 2018, 08:54:20 AM
#90
I think holding a coin for a long time is not suitable for the current market trend, especially some altcoin, and if you keep your altcoin all the time, you may lose everything.
member
Activity: 322
Merit: 12
May 29, 2018, 08:53:27 AM
#89
My opinion to this is that, it would be better that not all of your funds will be invested in BTC and I think you should try to invest some funds from your btc to some promising alts and observe the market performance. Atleast, you will not be hooked up with btc only and explore other potential coin for your investment. Moreover, I am still confident that bitcoin will soon recover from this long bear market in the coming months and if that happens, that will be good also for the alts to grow as bitcoin is the main thing here. Every increase in the altcoins is due to the price increase of btc which is commonly what happens in the crypto market.
hero member
Activity: 2268
Merit: 507
Catalog Websites
May 29, 2018, 08:52:33 AM
#88
Holding bitcoin is the best strategy of all.
Don't shill bitcoin cash, the community doesn't trust the deceivers.
jr. member
Activity: 182
Merit: 1
May 29, 2018, 08:51:33 AM
#87
i do not think so . bitcoin is a coin worth holding for a long time . it has been alive since 2008 . many coins have died during this period . i can hold it for five to ten years . and from it i will get rich gains
member
Activity: 378
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
May 29, 2018, 08:50:08 AM
#86
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 i do. Bitcoin is good coin but it has low grow. But doesnt mean its bad idea to invest on bitcoin. Just consider bitcoin is gold that already have fix value(even though all cryptocurrency are volatile) but bitcoin seems like keep growing even though its slow. I believe there is a time when bitcoin will pumped up and its one of safe investation. Its true investing in new coins seems like has a bigger profit but i believe there is high risk too to invest on new coins. BCH growing cause its one of hard fork of bitcoin and bitcoin is so stable in 7k- 8k and BCH are very volatile coin and seems a bit dangerous for me.
newbie
Activity: 143
Merit: 0
May 29, 2018, 08:43:42 AM
#85
Every pag that i read about bitcoin it says Bitcoin is good for long term investment.  So, for me Bitcoin will still be good to hold for a long time.
sr. member
Activity: 826
Merit: 265
May 29, 2018, 08:40:51 AM
#84
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 are telling us to choose the best coin,but its clear that youre pushing bitcoin cash instead of bitcoin,how you use both coins as example degrades the first and build up the second.

No matter what you so called 'experts' says,i will remain as bitcoin holder ,i dont give a damn abut youre outviews but what i believe is bitcoin will reach higher than what you are implying here
jr. member
Activity: 224
Merit: 1
May 29, 2018, 08:31:28 AM
#83
but I think holding back the bitcoin investment for a long time is very profitable because the price could just go up drastically. even we do not know when bitcoin will decrease or increase. therefore we do not panic if the price goes down.
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