Topic: Don't hold Bitcoin for long time. - page 29. (Read 10770 times)
I can agree with you here in everything but a part is very logic and far-sighted. BTC is very string nowbut it needs in updating because its price is changing very fast.
In general, I often use bitcoin in everyday life, for shopping and other things! But the main part, of course, I keep for a long-term perspective!
And yet your message did not convince me. I believe in bitcoin and its technology and don't want to be sprayed on other coins.
I think the lifespan of bitcoin here in cryptoworld is only few years like 2 to 3 years and that is longterm. I believe holding bitcoin for longterm can help to earn money or high profit. But don't hold bitcoin like 5 years more because possible bitcoin dump more again or bitcoin die on that year.
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 ?
this has to be strategically than the way you just put it up here on this post, most times alts go down because alts are affected by many factors, but bitcoin remains the king and most adopted, also most times if you exchange the btc then at a very high USD rate, you can purchase more of those alts.
If you take into account this correction, then you are wrong, today the market begins its recovery, the market begins to change its trajectory and many traders understand this and begin to create positive news so that people again start investing in bitcoin.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
I think i see a lot of sense in what you said especially for people who are interested in day trading but when you hold btc for long enough i think one can gain Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
That's the main reason why many people prefer to BTC, and if you act wisely, find a good alt that has a good team and is actively being developed, then enter at a good price and be patient.
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 ?
In this kind of market situation , day trading strategy for bitcoin is a good idea because as you can see bitcoin prices are unstable so youll never know wether that coin will increase it's price anytime soon.
I think hold bitcoin for long time this is a good idea.
In my portfolio 50% in bitcoin and 50% is altcoins
In my portfolio 50% in bitcoin and 50% is altcoins
When I came into cryptocurrency, I was adviced same not to hodl for long but there was one day I regretted selling my bitcoin. I sold it worth $400 and the next day,it has shoot to $550 which really pained me 
.
.I can't even believe the prices you're talking about. That kills me too man, I'm sorry...
Bitcoin should be kept, and it should be kept as long as possible, and it is advisable to procure at every convenient opportunity. Otherwise, there can be no question of any crypto-future and cryptoanarchy. Just another auction on the Internet.
"Digital gold" bitcoin is becoming popular in every corner of the planet, and the more demand - the more expensive. Therefore, I believe that it is not yet worth selling.
If you can hold your bitcoin in long term then you can get profits from it because bitcoin price increasing easch and every year so in some years the value of your bitcoin will increase.But there is no guarantee that it will happen because bitcoin price is volatile so the price may fall also but as everyone have strong belief on bitcoin that it will become the future currency then they are holding them if you think the same just hold it.
Everything depends on the point of view. When you invest, you decide how to track investment progress. Bitcoin is the number one coin in the electronic money market and you need it to make your wallet more stable. I would choose to keep it because I like long term investment because it can bring me a big income.
It all depends on your strategy. There are a lot of small details you should count. And it's not always that easy to increase the amount of BTC, especially when the market is down.
I think Bitcoin already has a decent price and will grow rapidly in price, at least in the near future.
My opinion is that bitcoin will retain the number one position in the world of crypto currencies. I would advise holding bitcoin long term in your investment crypto portfolio.
Holding back bitcoin in the long run, we will get more profits .Crypt is a very fluctuating market.
Yeah i agree with you bro.
Rather than holding bitcoin we should hold some alts as they give us good return
Rather than holding bitcoin we should hold some alts as they give us good return
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