Topic: Don't hold Bitcoin for long time. - page 2. (Read 10770 times)
I have the opposite thought for you. Because i think Bitcoin is as long as possible. This is proven when Bitcoin was born and the value is so great now. If you believe in Bitcoin and the crypto market we can tolerate Bitcoin devaluation.
I prefer to split the budget. I invest 50% in Bitcoin and invest it in altcoins in a growing market only, otherwise there are big risks of losing everything.
I believe that a long-term strategy is the best financial solution for bitcoin and can bring the greatest profit.
I adhere to the rule that bitcoin is just a settlement coin. Some projects are very profitable. I'm just diversifying my investments.
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 ?
I still choose bitcoin and I am not interested in switching to another, even though I know the current price is unstable even now the price is still the lowest but I'm sure bitcoin will shock the world hehehhe I am always optimistic for bitcoin
dont hold bıtcoın for a long tıme 
ıs thıs joke, bıtcoın dıdnt start to rise yet, ıts not ımpossıble that we can see 1 bitcoın=250k usd in 5 years,
so everybody should hold at least 1 btc
ın 2020 there ıs a halvıng agaın
ıs thıs joke, bıtcoın dıdnt start to rise yet, ıts not ımpossıble that we can see 1 bitcoın=250k usd in 5 years,so everybody should hold at least 1 btc
ın 2020 there ıs a halvıng agaın
I do not agree with this opinion because people said that Bitcoin will to be invaluable if we hold it longly. It is said that Bitcoin can reach $ 100,000 by 2020. So i think if we have conditions Keep Bitcoin for long term strategy is the best.
Not everyone believes in bitcoin now. This cryptocurrency is a very good investment of your free funds, unless they are credit. Think with your head. 
It is very expensive to buy daily life needs. people want to gain earnings by investing in crypto money and see the relaxed life adventure in the years to come. Bitcoin supports future dreams as a long-term investment tool.
You gave a great example of mathematics. However, I believe that there is no better investment than bitcoin. Especially under current conditions. Bitcoin shows good stability compared to other coins. And when growth begins, Bitcoin will start growing first.
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 that is valid point and because of that people holding altcoins. We are investing altcoins actually for earning bitcoin or ethereum. So if people hold only bitcoin maybe they can earn usd but they can not earn any ethereum or bitcoin . I am personally holding altcoins because i want to increase my eth number.
that was my goal use BITCOIN to buy alts and make more BITCOIN, but i dont stick with alts and tend to have atleast 50% of my portfolio still on bitcoin
I think this is wise: to hold 50% of portfolio in Bitcoin and the rest in altcoins. When we invest in many coins, we are supporting good coins and help them stay on the market.
For me, the altcoins have the greatest investment attractiveness. Compared to bitcoin, they always have the greatest potential for further growth and, as a result, they are able to bring much more profit to any investor.
Altcoins have such potential only if we are talking about short-term investments, then there is a chance to earn a lot on the next pump, but in the long run the risk increases many times over.
Why shouldn't I hold Bitcoin for a long time? I think buying Bitcoin now is a good decision, cause it is with a big discount and the price seems to recover in the nearest future
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 ?
I prefer to invest in altcoins as they require less budget to do it and have a bigger hidden potential. From another side, bitcoin is the most reliable coin. It will not disappear next day after investment is done, but it can happen with some other altcoins.
Unfortunately in crypto it is unclear which coins will rise and which ones will fall in value. I like Bitcoin, everyone knows this crypto coin, it is the most stable. I have all invested in Bitcoin.
I don't invest in bitcoin, but once in a while I buy it when Bitcoin hits its lowest point and sells it when I think it's quite profitable
Yes, this is right that do not hold bitcoin for long time and invest your bitcoin in any altcoin because if that coin will be double and also double bitcoin in coming few months then you will earn four times double profit. So choose a most demanding coin and invest in it.
Do not forget only one thing. The risk of losing your money in altcoins is much higher than in Bitcoin. Therefore, before doing this, think carefully.
I do not agree with this opinion because people said that Bitcoin will to be invaluable if we hold it longly. It is said that Bitcoin can reach $ 100,000 by 2020. So i think if we have conditions Keep Bitcoin for long term strategy is the best.
I think that if we talk about really long-term investments, Bitcoin is the best option, since its level of capitalization is the largest, and therefore the behavior of the Bitcoin price will depend on the rest of the market and Bitcoin is also the strongest coin.
I believe that investing in cryptocurrency is your responsibility to form a balanced portfolio to reduce possible risks. And that is why you should store both bitcoin and altcoins. In my opinion, bitcoin should be the main asset and occupy 50% of the portfolio, altcoins are about 25-30%, and the rest of the money is better to store either in dollars or in stablecoin.
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