Topic: Don't hold Bitcoin for long time. - page 43. (Read 10734 times)
In my opinion, this thread was late for one year. Now everything has fallen in price and very strongly, and bitcoin only 3 times. I'm wondering if the altcoins will be back now, after all, I'm on the contrary, I'm thinking of keeping some of the money in bitcoins. We see everything in history.
I completely agree with you, but I still believe that by the end of the year bitcoin will cost $ 50,000 and at that moment I will start thinking about selling.)
This strategy not always works especially on declining market what we have this year. Alts are declining more than BTC
and Bitcoin is dominating over the market. In these situations for me it is better to hold BTC.
and Bitcoin is dominating over the market. In these situations for me it is better to hold BTC.
I think it's better to use capital to trade or follow a legitimate ICO, you're right .
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
You are right, but I think it is necessary to postpone a few bitcoins for a long time. After all, at any time the price of bitcoin can grow several times. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
The solution to this is to trade bitcoin up until you keep getting higher unit balance of bitcoin in your portfolio. Altcoin also can increase your bitcoin balance in bull or stable market!
If you'll hold your bitcoin in long run then you'll get profits from it as a result of bitcoin worth increasing every and each year therefore in some years the worth of your bitcoin can increase.But there's no guarantee that it'll happen as a result of bitcoin worth is volatile that the worth might fall additionally however as everybody have belief on bitcoin that it'll become the longer term currency then they're holding them if you're thinking that an equivalent simply hold it.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
This is not entirely true, when there is a continuous increase in the bitcoin prices, many try to sell their altcoins in favor of bitcoin. As a result, the price of altcoins falls, but does not grow. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 long time will make a better amount of investment.
But some times hold for a long time is good. Sometimes it is not good.
But some times hold for a long time is good. Sometimes it is not good.
You should think so. It is best that your bitcoins are waiting in the wings as they can grow very large over time. I wouldn't neglect the chance.
I think for the moment it's the right time to hold bitcoint, everyone knows that bitcoint is a great investment for long-term investment, so if you have bitcoints it's better to hold it for a certain period of time so that in the future you can get maximum results
We have too different views about bitcoin, bitcoin is the best for long-term investment
If it is a long-term investment, then I will choose Bitcoin, because the risk of investing in it is very small, and I am optimistic that it will have better development in the future, but if you want to earn more from this market in a short time Profit, then you can invest in other excellent cryptocurrencies.
regarding coming soon sec's etf decision btc price also may drastically increase.
I think at the moment we should not buy Bitcoin anymore. Instead, let's keep all of the Bitcoins we own, as in the next few months, the value of Bitcoin will be sure to come back quickly and vigorously.
I totally with you.
In this situation of the market, you should not hold for a long time.
In this situation of the market, you should not hold for a long time.
Despite everything I hold bitcoin and a portion of the altcoins. I'm continually trusting that sometime great returns will be accomplished. Simply continue contributing for a more extended term. Some time or another we will gather what we have sow. This is superior to not doing anything by any means.
I'll only try to hodl 1 Bitcoin at current price. The rest will be for trading and some altcoin trading as well.
This year's encryption market itself is a long-term investment market, and the cryptocurrency we invested in this year has lost a lot because the price has not recovered. I think that as long as we hold it for a long time, the market will still recover.
What we have to do is not only to get the most benefits, but also to control the risks. This year's market decline, I think all the altcoins fall a lot, but Bitcoin is still stable.
As you explain, there may be some truth too, by investing in BTC and converting the BTC to BCH, you will get even more profit when compared to just investing in BTC and selling it on USD. but actually I did not hold a penny btc, I was trading an altcoin that I got from an ico, I still hold the altcoin because the price is still too low compared to ico, but I believe that the altcoin will experience price increases along with the market recovery, so I prefer to hold altcoin compared to investing in bitcoin, but investing in btc requires quite a lot of capital, because the price of btc is also quite expensive.
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