Topic: Don't hold Bitcoin for long time. - page 50. (Read 10734 times)
I never listen to OP because Bitcoin, ETH is very good for long-term investments, people who believe the Bitcoin will always hold the Bitcoin for long-term. Already we have seen very huge potential about the Bitcoin price and market cap so, it is good to hold them for the long term.
What a load of nonsense, if you hold Bitcoin during a bull run its rise will give you a huge gain in USD terms some people may want to use Bitcoin as a hedge against FIAT currency issues their wealthy is insulated from inflation and other $ related problems. If you arer picking up fork coins along the way then you have Bitcoin + Bitcoin Cash + Bitcoin Gold etc. You need to think outside the box sometimes.
I prefer btc for long term holding and I will do some short time trading with alts to make more profit. Btc can make my money safer and alts can bring me some money.
Yes right, the longer we hold bitcoin then the value of bitcoin is more expensive because the number of users continues to increase while the stock is limited so that the market law applies, the price will rise, based on the experience of new millionaires, it can get a large profit with a hold for a long time.
Yes, the profit holding Bitcoin is very small, but it is the safest, so how to invest needs to judge by yourself. Everyone's investment method is different, but I think the investment is ranked in the top cryptocurrency. Would be a better choice.
My conclusion to this is, it would be better that not the greater part of your assets will be put resources into BTC and I figure you should attempt to contribute a few assets from your btc to some encouraging alts and watch the market execution. Atleast, you won't be snared with btc just and investigate other potential coin for your venture. In addition, I am as yet sure that bitcoin will before long recuperate from this long bear showcase in the coming months and if that happens, that will be great likewise for the alts to develop as bitcoin is the primary concern here.
I can't say you're right ... bitcoin has already proved that it is good for hold ...like other crypto
Advice from me, do not hold bitcoin for too long because you do not get a profit. Better to sell when prices go up and buy them back with bitcoin prices are falling, because the movement of bitcoin prices is so drastically unlike altcoin.
No one wants to forever hold all of his bitcoins. Because one day it will definitely be converted into their local currency.
Trade patterns with long-term or short-term terms, each of which has its own risk.
Not always long term good, and not always a good short term. Depending on the moment and our decision when we will enter it. The important thing is to always do research when you will take part in the market.
Trade patterns with long-term or short-term terms, each of which has its own risk.
Not always long term good, and not always a good short term. Depending on the moment and our decision when we will enter it. The important thing is to always do research when you will take part in the market.
I think bitcoin is more reliable and stable than most altcoins.Therefore, for those who do not like to take risks, I would recommend bitcoin.
I prefer btc for long term holding and I will do some short time trading with alts to make more profit. Btc can make my money safer and alts can bring me some money.
Agree with you.
Not long time but holding is good for business.
Yes I agree one should sell btc when the price goes higher.
I don't believe it resembles that, fundamentally if holding another coin won't benefit when the market goes down it's additionally affected by bitcoin, I'm here longing for having resources as bitcoin. take the experience of individuals who as of now have bitcoin in 2016 positively did not think there would be such an expansive increment particularly the advantages of bitcoin in vast amounts from low costs to moguls, so holding whatever you have the correct technique is HODL.
I think it's more profitable if we do buying and selling. You just don't hold Bitcoin for a long time. For me you can hold for a series of month but not for a year or so. Once the Bitcoin marked a good green I start to sell my Bitcoin. Same with altcoin. Specially ethereum I just leave atleast 3-4 ethereum in my portfolio. When the market goes down again it my time that I buy altcoinS to add in my portfolio. For me it's the best thing to do in cryptoworld, because cyrptocurrency is not stable you just need to have a perfect timing when to buy and sell coins so you have a profit at the end of the day.
In a bear market trading is certainly better than just holding on and see your profits you made in the bull market slowly getting to zero. Also cashing out or working with stable coins is pivotal to secure you profits.
Some advice for investing in bitcoin is that we should invest in short-term bitcoins because the bitcoin value is large if we invest in a long-term portfolio that will definitely affect our capital.
Should hold another coin, not just Bitcoin. If you hold a single coin, you will not make a big profit. And worst of all, if the price goes down, you will have a huge loss of 1 coin.
But now is a very good time to buy bitcoin, and store it for a long time. He will never be worth 5000$ that's why I am buying it from the level of 5500+. I think that's a good idea.
Well maybe that could be true. Maybe it's because of the recent bitcoin forks that make some other usere not confident on Bitcoins platform anymore.
Maybe you are right by your own side, but I think different. And, I love to hold Bitcoin for a long time. Because only long bitcoin holders are a millionaire now and if you start hold from now for a long time then you can earn huge money too. Because bitcoin has high potential to reach 50K USD in any time.But there is no guarantee that it will happen because bitcoin price is volatile so the price may fall also but as everyone have strong belief on bitcoin that it will become the future currency then they are holding them if you think the same just hold it.
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