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Topic: Don't hold Bitcoin for long time. - page 27. (Read 10770 times)

member
Activity: 224
Merit: 10
September 07, 2018, 10:19:16 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 ?

Holding both of them is very good but we don't know how bitcoin or altcoin are priced in the future. By separating our investment results it might be a little profitable for us.
newbie
Activity: 238
Merit: 0
September 07, 2018, 10:17:05 AM
I don't see any problem in holding bitcoin for long-term, as it is still the best cryptocurrency and would continue to be so in near future too. In fact, holding bitcoin is a lot safer than holding cheap altcoins.
Support. Because bitcoin will live for a long time and in principle you can forget about it for a few years until everything is normal, which can not be said about altcoins.
newbie
Activity: 84
Merit: 0
September 07, 2018, 10:11:51 AM
very good calculation, as you say we have to hunt in a lot of coins not just on one coin, the movement of bitcoin is very slow and the profit is very little, for example we have 1 bitcoin then we sell to eth, then we have 25 eth (Price of $ 300 ). if 1 ETH rises 10 Percent then we already get 250% profit.

You are right, we need to spread our investments to different altcoins that really have potentials and we should not only focus on bitcoin, there are lots of new altcoins now that already have a good price.
jr. member
Activity: 322
Merit: 1
September 07, 2018, 10:06:45 AM
very good calculation, as you say we have to hunt in a lot of coins not just on one coin, the movement of bitcoin is very slow and the profit is very little, for example we have 1 bitcoin then we sell to eth, then we have 25 eth (Price of $ 300 ). if 1 ETH rises 10 Percent then we already get 250% profit.
member
Activity: 501
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
September 07, 2018, 09:56:10 AM
For me, holding bitcoin is not that bad because it has an expensive value in the market even though the market is down so if btc goes up, your profit will increase a lot too but i would say that it much better if you buy when it is low and sell when it is high to gain big profit little by little so dont hold bitcoin for long term just sell it when the market is up and be patient always for gaining profit.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
September 07, 2018, 09:41:03 AM
Yeah tell that to the people who bought some back from the start or even back in 2012 ,
Then manage to hold till 2017 don't you think that what they did isn't worth it?
member
Activity: 392
Merit: 12
September 07, 2018, 09:39:17 AM
I don't see any problem in holding bitcoin for long-term, as it is still the best cryptocurrency and would continue to be so in near future too. In fact, holding bitcoin is a lot safer than holding cheap altcoins.
newbie
Activity: 68
Merit: 0
September 07, 2018, 09:33:22 AM
Not such bit losses either, bitcoin is down about 65% from its ATH, alts are down 90% or more lol. Works both ways.
hero member
Activity: 756
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
September 07, 2018, 09:32:35 AM
Holding bitcoin for long is just like bet while doing such one should expect either ways results that's gaining or losing
Holding coins is very different from betting. The holds make the price of the coin increase by a little.
jr. member
Activity: 175
Merit: 1
W12 – Blockchain protocol
September 07, 2018, 09:27:12 AM
I agree with you. But do not focus on long-term investments. The most important thing is to look at the market situation. In General, I understand your position, and it really works with good cryptocurrencies, but do not limit yourself.
newbie
Activity: 85
Merit: 0
September 07, 2018, 09:06:57 AM
I believe that keeping bitcoin For a long time is good.But if you want to make a profit, then it is better to sell cheap coins.
sr. member
Activity: 574
Merit: 250
September 07, 2018, 04:57:47 AM
I am still holding bitcoin in the long run until the price is higher, because I never thought there was a danger in holding bitcoin and that too for a longer time, because in my opinion In fact, the bitcoin is the most profitable coin

To date, bitcoin is the most stable and safe investment. The only negative that I see in the bitcoin hold is that you do not increase the number of bitcoins in your wallet.
newbie
Activity: 166
Merit: 0
September 07, 2018, 04:57:26 AM
Bitcoin is very secure and these coins are very well established. And you don't panic when viewed Bitcoin down. Bitcoin has a very good growth and these coins are able to survive until now. And when the price is down to recover very quickly.
member
Activity: 252
Merit: 10
September 07, 2018, 04:48:54 AM
Why not? I am holding BTC for so long time and I don't see reasons for your statement. I like BTC but it is not necessary to sell it one day just because it has to be done.
jr. member
Activity: 111
Merit: 1
September 06, 2018, 08:34:46 AM
I prefer hodling Bitcoin because i believe in it. It was the first and it keeps being the first. There will be nothing better. Even with this prices.
full member
Activity: 560
Merit: 100
September 06, 2018, 08:24:49 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 ?

only small question
if I buy BCH as you suggest, then After some day Bitcoin go down, At the same time BCH also will go down, but faster than BTC.
and the end instead 1 btc you will get 0.75 BTC.

So what you think. is buing alt coins a good idea?
full member
Activity: 434
Merit: 104
Esport Ecosystem
September 06, 2018, 08:18:52 AM
IMO hodl are not so profitable anymore at this moment, it is need a very long time to make profit. Right now I just try to learn on how to make money on daily trading, I knew that it is not easy part of this field. let me try to join some signal chanell trading & try to copy paste their way to make money with it.
copper member
Activity: 308
Merit: 1
September 06, 2018, 08:08:26 AM
Invariably, this is saying that altcoins will make you most money that bitcoin, while btc may be waiting to do its value by 3x some alts most have done over 10x but one have to be very careful because the same it crashes, btc is safer
newbie
Activity: 84
Merit: 0
September 06, 2018, 08:01:19 AM
It is necessary to distinguish between trading and investing. Holding is the investing strategy.
 Lips sealed Lips sealed
newbie
Activity: 56
Merit: 0
September 05, 2018, 10:07:31 PM
Very interesting, but I think it will be effective when the market is bullish. While when the market is bearish, then many people feel safer to store assets in Bitcoin, and that is evident from the ratio of the decline between Bitcoin and Altcoin. But I think when the market returns, altcoin might be the most potential place, at least on many famous coins.
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