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Topic: Don't hold Bitcoin for long time. - page 36. (Read 10770 times)

newbie
Activity: 111
Merit: 0
August 30, 2018, 12:58:46 PM
Yes, you are right! But how you think when the Bitcoin price drop, all the market drops, when Bitcoin price rise up, the altcoin still decline? Altcoins price may be zero in someday, but I don't think Bitcoin price will zero.
newbie
Activity: 64
Merit: 0
August 30, 2018, 08:07:29 AM
I think it's a nice idea in my opinion. Because as you follow the graph of bitcoin value for the past 4 months. If you see you will be thinking that holding bitcoin in a long term is not good idea. And I will suggest and advise to you that buy and sell in a right time is the best way to do.
newbie
Activity: 46
Merit: 0
August 30, 2018, 07:24:23 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 ?
Yeah, i think it's a good strategy for traders, to increase revenue, but we know everyone has a different strategy.
newbie
Activity: 1
Merit: 0
August 30, 2018, 06:52:41 AM
No, I think Bitcoin is a long-held cryptocurrency.
newbie
Activity: 68
Merit: 0
August 30, 2018, 06:52:06 AM
I think it's a very good coin.that never will give you losses . My opinion is that most of your investment should stay on Bitcoin. Unless you want to take the risk.that Bitcoin is your coin .
newbie
Activity: 48
Merit: 0
August 30, 2018, 04:58:44 AM
Holding bitcoin for a longer time period is always profitable, but it'll be a solid earning after a long time period. To get a stable earning regularly it is good to make use of into trading whenever there is certain level of fluctuation. This will let you get a bigger earning on the go than earning after a long time holding.
jr. member
Activity: 475
Merit: 1
August 30, 2018, 04:49:39 AM
I also do not hold my bitcoins for a long time because the price drops so much today as I think the price of bitcoin will increase in the future but I'm afraid I see losing my profit. Grin
member
Activity: 336
Merit: 10
August 30, 2018, 04:08:52 AM
This is simple and easy way to increase your earnings but the fact is that, what shows that the altcoin you buy rises up. You may end up losing part of your investment as well so it has to be done with some level of trading experience to avoid making wrong investment
newbie
Activity: 99
Merit: 0
August 30, 2018, 04:04:32 AM
yes it's true, it will be more profit if you trade every day with bitcoin. because bitcoin is a very profitable coin, it's a pity if you just keep it quiet for a long time. it's better to trade with bitcoin every day and that will provide greater benefits.
newbie
Activity: 46
Merit: 0
August 30, 2018, 01:49:22 AM
For me hodling BTC is another shape or making benefit. It's been more steady than different coins. It has been dropping in cost, 5% as of late. In any case, I believe it's still more gainful to hodl it over the long haul than freeze offer at this point.
full member
Activity: 406
Merit: 100
August 30, 2018, 01:42:02 AM
Bitcoin may be stored for a long term, however I agree that you usually want to diversify the risks, and do now not keep all the savings in one coin, although it's miles bitcoin.
newbie
Activity: 50
Merit: 0
August 30, 2018, 01:41:52 AM
You should not keep large amounts of bitcoin in your body. Because you can not know when their value will increase or decrease. When you have a chance, you should sell some Bitcoin, but do not sell it. You should keep some to invest in other projects
jr. member
Activity: 223
Merit: 1
August 30, 2018, 01:36:10 AM
I agree with you, but in reinvestment I do not use bitcoin. I just sell altcoins at the height of growth and buy other promising altcoins that are undervalued.
full member
Activity: 434
Merit: 100
August 30, 2018, 01:30:36 AM
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 agree with you. I also don't like long-term investments because i also make money by buying and selling by following market prices. In my opinion, long-term investment for the current time is not suitable because market prices is volatile, besides that we lose the opportunity to get profits more and more. If the price goes up maybe our bitcoin is high value, but what if the opposite? Our bitcoin or altcoin will be reduced value too. It's better to buy and sell altcoin or bitcoin to get a profit.
newbie
Activity: 146
Merit: 0
August 29, 2018, 11:48:00 PM
I think Bitcoin is a long-held cryptocurrency. The value of Bitcoin is high, and its value will not be reflected in a short period of time. And this year's encryption market is very bad. The price of Bitcoin has fallen very badly. I think we should have enough patience at this time and wait for the market to pick up.
newbie
Activity: 28
Merit: 0
August 29, 2018, 11:42:48 PM
It is your biggest mistake if you hodl bitcoin because whales are manipulating this coin much better if you do swing trades
full member
Activity: 364
Merit: 100
August 29, 2018, 11:38:11 PM
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 don't agree with you, bro
BTC is the only most reliable coin which can be hold for a long time
always analyze the situation and then decide
newbie
Activity: 13
Merit: 0
August 29, 2018, 11:23:30 PM
I think Bitcoin is worth investing, and the risk of investing in it is very small, and holding it for a long time will be a very good choice.
newbie
Activity: 162
Merit: 0
August 29, 2018, 11:22:14 PM
No, I don't think so. I think Bitcoin is a long-held cryptocurrency. And Bitcoin is very suitable for long-term investment, because its value will not be reflected in a short period of time.
newbie
Activity: 125
Merit: 0
August 29, 2018, 11:21:50 PM
It's only depends if you bought your bitcoin for roughly $10k so you should wait for the value to reach it again and that's what you call longterm hold. Because your waiting again for your money to get back or make a profit.
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