Topic: Don't hold Bitcoin for long time. - page 34. (Read 10770 times)
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.
This is what I understand about hold bitcoin because any time market can fall down , For example you hold 1 BTC . Current price 6500$. It's might 10k after some day. But you still have only 1 BTC.
I disagree. Bitcoin is good as a long-term investment, because the growth of its price exceeds its fall.
There are not so many coins in the market that can give a lot of growth in the future. Portfolio always needs to be differentiated just bought and forgotten is not a good strategy
If you are agood trader then see the market, if market is upflowing then hold your bitcoins otherwise sell it and invest in that bitcoins which are listed. That will give you 100% profit or will make you richer too. Thats why be a smart trader.
I think the way you do is right. But sometimes altcoins do not always follow the bitcoin. I choose hold bitcoin because the potency of bitcoin is better than BCH. And also the much greater popularity of bitcoin. That's why I am more interested in bitcoin than BCH.
I think it would be wiser to build a portfolio in this regard. btc and altnoin will be evaluated as time progresses. but we do not know for sure which one will rise or fall more.
Horrible explanation, long term bitcoin is the safest and especially during a bear market all other coins are losing more in value than bitcoin
Bitcoin is something for the long term investor, compared to alts it grows much slower but there is no risk that it will disappear suddenly, this is a big risk with many altcoins...the best is always to have a healthy mix of both.
I certainly strive for long-term investment, but very often engaged in buying and selling, monitor the situation on the market and just try to catch the wave . So not really pay the retention analysis is it worth it or not
I think bitcoin is an ideal means to make money, not to store it. After all, only the cryptocurrency allows you to quickly and effectively earn money for ordinary people.
In my opinion, investing in bitcoin is only profitable if you are a large investor, since its rate is relatively stable, it is best to invest in altcoyins and because you can make your profit faster and more as their rate does not tie to anything, but everyone has his own vision of this situation
there are a lot of experts who say that bitcoin has a nice future ahead and i believe them as this cryptocurrencybis not going to die
It is necessary to always monitor the movement of the market, the same bitcoin can start a big growd at any time after the important good news. If we can hold the notion for longer sure it is worth to hold for example the current price of but coin is around $7000 so you are buying now and holding until it reaches $20k then you will get high returns. The same applies to the altcoin. Those altcoins that I have kept since last year, have now reached the bottom again. 
Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
well why jot i hope that you will have a lot of good things from bitcoin as this cryptocurrency is great and many experts say the same 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 my opinion, investing in bitcoin is only profitable if you are a large investor, since its rate is relatively stable, it is best to invest in altcoyins and because you can make your profit faster and more as their rate does not tie to anything, but everyone has his own vision of this situation
Good idea. The capitalization of bitcoin is large, several times its price will not grow so fast, and a promising altcoin can make a plus of 1000% during this time
Crypto currency is a very dangerous investment, so every person must make a decision on whether to invest in the crypto currency or not. I decided to invest and it brings me a profit.
Well i am holding my bitcoin for long time and i am not earning a good profit because until now the value of bitcoin is not recovering really well but as long as i can hold my bitcoin i will choose to hold it because i like long term investment because it can give me a big earnings.
If you are sure and have a lot of experience with BTC, then just do it. You can hold the BTC, because I think BTC will become a hard currency in the future. If you are an investor who wants to get more profit, then you can actually get it by trading daily, but it all depends on each of you.
You can really go either way with it and win in the end, but always keep a long position at your target price. Buy and sell on the dips but keep that long position handy for when the big jump happens...IMO
Yeah agreeed! I mean its up to us whether we hold it that long or nah but its really dependent on our choice. Since we are the only one who knows the desired price of our choice, it's always up to us.
Long-term investment is a popular thing to do with bitcoin, you can also look for alternative investments in several types of Altcoin, and then with some time you exchange them for profit. However, if you only want to hold bitcoin, it also includes a good choice, bitcoin will guarantee your property remains safe in it.
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