Topic: Don't hold Bitcoin for long time. - page 24. (Read 10770 times)
Yeah that's the why to grow your bitcoin using altcoins, but the above is good during the bull run of the market, when the market is in a bear condition, it is good to hold in bitcoin or any stable coin.
No, this is a bad strategy. I think that right now, when its price has fallen, you need to buy it and keep it until the winter, and only then you will have a profit.
I think Bitcoin is a long-held cryptocurrency, and the encryption market itself is also a long-term investment market. And this year's encryption market is very bad, we must have enough patience.
Is not if the BTC price rises and we have assets in the altcoin if exchanged with BTC the value will remain the same, precisely the USD will continue to increase its value because if we have 1 BTC buy at a price of $ 7000 then the price rises $ 7500, then we get $ 500 profit if we sell to USD.
Compare if at that time we bought BCH for $ 500 and BTC $ 7,000 but we held the BCH and at that time the BTC price rose $ 7500 but BCH only rose $ 550 so if we pair our BCH to BTC, it will get the same results will never change.
Compare if at that time we bought BCH for $ 500 and BTC $ 7,000 but we held the BCH and at that time the BTC price rose $ 7500 but BCH only rose $ 550 so if we pair our BCH to BTC, it will get the same results will never change.
You can choose a number of potential tokens to be used as short-term trading to get profits in a market situation that continues to decline at this time, because the possibility of the newly launched token value will have many people who dare to play prices, so that we can benefit from it. I'm sure bitcoin is very good to be a long-term investment asset because its value will definitely increase in the future
No, I don't think so. I think Bitcoin is a cryptocurrency that is worth holding for a long time. Bitcoin is expensive and bitcoin is stable. Its value will not be reflected in a short period of time.
Actually somehow you are correct but people chooose bitcoin because it is strong and reliable coins so most of the traders are still believing in bitcoin altcoins are also good but for this we have to choose the best one like etherum and Neo but obviously bitcoin is promising and king of the crypto market so no altcoin can beat it.
In my candid opinion, I believe it depends on how you plan it. My suggestion is that you divide the money into two places and invest into both bitcoin and ethereum. There are times you might not be too sure of the coin you are holding. When you you one part to invest into bitcoin and the other part into the coins you feel are good.
a good example, I had time to do it, and the results were correct, because indeed btc was not suitable for long holding, it was suitable when there was profit directly sold, and the potential for buying an altcoin was bought.
this is a problem, how to find altcoins that potentially now cost under 10 USD and later in the next few years to be 100 USD.
maybe following the forums is the best thing so that the latest information is not left behind.
this is a problem, how to find altcoins that potentially now cost under 10 USD and later in the next few years to be 100 USD.
maybe following the forums is the best thing so that the latest information is not left behind.
In my own opinion it depends on your motive behind putting your money into cryptocurrency. If you intend to keep your money safe and not to loose your money totally, it is best to keep it inform of bitcoin but if you are into cryptocurrency to trade and make more money, it is not adviceable to hold bitcoin for a long time because you wont make the desired profit.it is better you use it to purchase altcoin and wait for a rise and sell back to bitcoin, with this you will realise that the profit will be coming on a daily basis.
For me must better to hold bitcoin in a long time since for now the price of bitcoin are drop so much so we need to hold it and wait to recover again. Actually holding our bitcoin in a long was a good idea because maybe we can sell our bitcoin into a high price just like in the past year the price of bitcoin was too high.
Being a true holder is quite difficult. The dynamics of price changes such as roller coasters provide a dilemma, especially if there is a fairly deep price decline, it must be very worrying for each holder. But, for those who have a good analysis and are confident in their analysis, surviving a variety of storms, will definitely get satisfactory results. Look at the chart of changes in bitcoin prices from year to year. Not only how long you hold it, but how good your analysis is.
I don't agree with you. look at the rise in the price of bitcoin for 10 years of its existence.
It is not advisable to hold bitcoin for so long because the price might fall in the market as at the time you want to sell it and it will be a loss to the seller
It's better if you hold bitcoin untilw few years because I believe it will pump the value of this coin in the next coming months and years and you will earn more profit on that. It's up to you also if you convert your bitcoin to bitcoincash because I think bitcoin is still better than bitcoincash. Depends to you what is better and good that gives you high profit.
Although it is always a good idea to take active measures to increase your investment, I believe that investing in some altcoins in this market is extremely risky, I have seen how ripple, eth, and neo collapse in a matter of weeks, so it is better to keep bitcoin for now and treat alts as a high-risk investment.
Yes, it is best not to keep the volutes for a long time in one coin, it is better just to use it and trade with other coins, thereby doubling your profit from other coins, the main thing is to do it with the mind and with patience
You should hold at least till December and January , expecting good rate in these months after that you can sold.
Yes when you hold bitcoins, you are only banking on dollar appreciation or depreciation. But when you hold altcoins, there is the ability to increase or decrease the amount of bitcoins you will have as time goes on. Holding altcoins may be more profitable but is also more risky.
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