I still keep Bitcoin and some of the altcoins. I always hoped that someday good income would be achieved. Just keep investing for a longer period. Someday we will collect what we have sows.
Having different kinds of coins could increase your profit by a lot if you pick the top coins that have a lot of volume. 
Topic: Don't hold Bitcoin for long time. - page 33. (Read 10770 times)
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
you know, after that case when people got their money multiplied in no time at all it is still a subconscious hope to get the same lucky strike Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 keep Bitcoin and some of the altcoins. I always hoped that someday good income would be achieved. Just keep investing for a longer period. Someday we will collect what we have sows.
you have a point, I also do not keep bitcoin, I'm just engaged in bitcoin trading, to buy some altkome to get more bitcoin. But, as you said, we need to choose a good investment coin to avoid losses in the market ... because sometimes some of the altkones are dumped, and recovery takes time.
I believe that the funds should not stand still. Therefore, I see no point in the storage of bitcoins. It is better to learn how to trade or at least sometimes exchange it for fiat.
And now look at the situation on the market. All altcoins are falling, and bitcoin is practically in place. Thus it would be much more profitable not to buy altcoins, but simply to be in Bitcoin. And in general, I believe that the altcoins are not needed by anyone and most of them will eventually disappear from the market.
I think that the multi-currency purse system has been spoken about more than once. If you believe the calculations, you need to keep 30% of Bitcoin in your portfolio and the rest of the place is occupied by violas. But what for so to be excruciated there are already ready wallets which all expect with the minimum share of risk.
I disagree, i will hold bitcoin for a long time, because for me bitcoin is a long term investment dont look bitcoin as present instead look at it as your future. Bitcoin is naturally up or down in price and it is normal. So i would rather to take the risk to hold for a long time and earn more profit.
Yes, it quite risky to hold bitcoin too long especially to prevent its vulnerability to hackers , moreso since one mau not be sure of every tomorrow value, as soon as you see it favourable enough to sell out , it's always advisable one does without delay. I still believe its sometimes secured to have your coin directly available for use in business investment than to keep it for some unforseen danger.
As you already know Bitcoin is the first currency of the crypto industry and the base, it is a king of the crypto-world. The more you invest or hold in Bitcoin. if you want to invest in a number of other Altcoins, I believe you only sell a small part of Bitcoin and then invest in those coins you want.
But I will never recommend you to sell entire Bitcoin. Because no other currency like Bitcoin is, in case of popularity, stability.
But I will never recommend you to sell entire Bitcoin. Because no other currency like Bitcoin is, in case of popularity, stability.
Cash is legal tender and accepted your individualy. Then we often used cash not crypocurrency.
Horrible explanation, long term bitcoin is the safest and especially during a bear market all other coins are losing more in value than bitcoin
Yah right. It's pretty horrible. When you invest in btc, the risk that you have to face will be less. Altcoins only can make profit when you know their potential
Still, a lot depends not only on us, so we need to constantly look at what figures are now worth bitcoin and how much it will cost later, I do not think that it is necessary to store bitcoin for a short time, because those who bought it once before, that you can do these long-term
In this case, I do the other I keep in the BTC maybe this is not true, but it's my choice. Everyone has his own choice and can do as he wishes.
Bitcoin is one of the few coins that I'm not afraid to buy for long-term storage. I am fully confident that bitcoin will become a very popular coin in a few years.
BTC is awesome! However I prefer stable coins like Nebula Network - it's decentralized storage cloud with emission mechanism tied to the supply - thanks of it it's rock stable!
Oh, we saw so much decentralized storage that it's not a rare. Filecoin, Sc and other are the bright representatives for this class of coins. And another one don't change anything. But BTC has developing in the right direction as I think I do not like long-term investments in the crypto market. It makes more sense to make money by buying and selling.
I make more money by buying and selling.
It is necessary to follow the market constantly.
I make more money by buying and selling.
It is necessary to follow the market constantly.
I agree in bitcoin don't hold it too long. It may cause big losses if you hold it for long term and suddenly market nose dive so fast. Because bitcoin have tendency to fluctuate big so it so risky to hold it too long.
If you only want to get the advantage of the Bitcoin alone, I think it will take a long time. Better you also develop your money by buying some Altcoin who had the progression of good and has the potential for growth. And you need to create a strategy and then there are some that I think you need to be careful about Altcoin
BTC is awesome! However I prefer stable coins like Nebula Network - it's decentralized storage cloud with emission mechanism tied to the supply - thanks of it it's rock stable!
I agree with you buddy , if you have more capital and time it is good move , that's also what I am doing but since my capital not much so I didn't get much profit.
If you found a way to make money while holding Bitcoins then you might want to sell some while you can. Jump to: