Topic: Don't hold Bitcoin for long time. - page 46. (Read 10770 times)
As for me i love long term holding of any type of altcoin or coins that are in my possession example is Bitcoin, in 2016 i hold some bitcoin which i kept in my wallet till 2017 December, that singular holding of that bitcoin makes me a big person i am today as the market went bull as at then. When i was with some portion of Ethereum, i hold and i make huge profits at the end...i love long-term holding of any coins
Perhaps this year there will be no such growth. However, in order to significantly increase your profit, it is advisable to at least partially sell bitcoin when it becomes much more expensive, and then buy it with a significant drop.
Now is the good time to fill our portfolio with altcoins while bitcoin is losing its value therefore many alts will continue to go down too. But not diversifying portfolio is not a good choice and buying bitcoin can also pay you back big time when it hit its ATH again.
Yes I think you are correct. Personally I don't like long-term investments such as bitcoin. Buy some altcoins from ICO or exchange when listing and hold them some time is more profitable.
Hold altcoins very dangerous. You can see when crypto market is red, almost altcoins decrease very fast. Although sometime other altcoin investments are more profitable than bitcoin, this is only temporary. In the future, the king will always be bitcoin, leader of the crypto market
I think bitcoin will reach $1M in future but i don't understand your strategy but i am one of whom who truly believe in bitcoin.
I think very good if we want hold ethereum or litecoin for now at blood bath market..for eth and ltc i think will never die price at market. It was have popular name of coin it some market..just stay and hold untill bitcoin price will back grow up and and altocoin follow it.for now bitcoin price very not stable
I realized that keeping a good altcoin is much more profitable than just Bitcoin. The problem is that the market is not growing and it is not known when there will be a stable income. So it's risky.
Sure. Instead of holding 1 bitcoin, u can hold so many profitable altcoins.
Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
hold nothing but my money Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
((I wish I've done that earlier.
so now I don't have to be regret like this.
all that shitty are just dump. now way back.
still hoping cause I've already lose too much
No I don't bitcoin has pass my level already but I can hold ethereum as a newbie and maybe some other cheap coins and token too
I realized that keeping a good altcoin is much more profitable than just Bitcoin. The problem is that the market is not growing and it is not known when there will be a stable income. So it's risky.
Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
In times like this where bitcoin's value is very low, holding is a thing you should do for a very long time. After having its value recovered and pumped, quit holding and start selling so that even though the value drops down again, you have nothing to loose anymore. Too much holding while the value is high is a bad idea so always be smart with your holding. 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 ?
Long-term investments are designed for long-term profitable projects. Bitcoin is just one such investment. If you want to make a profit right now, then it's better to sell not too expensive coins, if there are such in the portfolio.
I don't think so. If you don't hold bitcoins for a long time, it's hard for you to get very high profits. The encrypted world is full of high risks. Many ALTs will disappear in a bear market, invest in Bitcoins and be patient enough to be successful. I don't think there are any shortcuts.
Agree. In this cryptocurrency endeavor bitcoin is still the best coin to hold because its value are always leading in the market and we had already experienced great achievements through holding bitcoin for a long time.
Yes you are right, it is better to use capital for trading or to follow the legit ICO.
It's look like highly risk now to invest on ICO. I just want to explain, once market down you can get a chance. Buy alt coin and hold it up to reach on your target. Good coin never give you loss. Just need pateince.
Agree with this opinion. Bitcoin is stable and there is no worries about it costs in the future - other ICO have many risks.
It's hard to choose Bitcoin or counterfeit currency, if it's a higher counterfeit currency in terms of its price, but if stability is a problem, Bitcoin's price is more stable. Each has its own merits and demerits, so it is difficult to choose.
I don't think so. If you don't hold bitcoins for a long time, it's hard for you to get very high profits. The encrypted world is full of high risks. Many ALTs will disappear in a bear market, invest in Bitcoins and be patient enough to be successful. I don't think there are any shortcuts.
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 also try to teach people the same thing and that is to invest in Bitcoin but after investing in bitcoin please do not make those stupid mistakes as they will make your money to grow slower. You should side by side invest your money into alts which will make your bitcoins invested also which in turn provide you with more yield. This is the same mistake that most of the old people also do as they don't realize this fact that you stated here. 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 holding the bitcoin for a long time is a good thing. But you should sell them when their value is higher than the initial value you invested in them.
Well i think you have your reasons and experience for not wanting to hold btc for long but to my opinion holding btc is good because it is one of the most accepted coin,which means it value and potential will gradually rise
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