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Topic: Don't hold Bitcoin for long time. - page 51. (Read 10734 times)

newbie
Activity: 51
Merit: 0
August 14, 2018, 08:13:32 AM
Yes your are right. I'm also don't like long term investments because as you mentioned if I invest 1 BTC and market crashed may be I was loss or equal to invested time. I think it's disadvantage.

If I had a 1 BTC it is changing with current USD value. When the BTC buy time if it was 10,000 now it's around 6000 so untill then we have 1 BTC but not on the better USD value.

newbie
Activity: 4
Merit: 0
August 14, 2018, 07:55:00 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 ?
Unfortunately the current situation is not as easy as in theory, because it looks like all coins / tokens are not stronger than Bitcoin. And even when the upward trend of Bitcoin still remains alone.
sr. member
Activity: 434
Merit: 250
August 14, 2018, 07:48:33 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 ?
You probably know by now that it is still better to hold Bitcoin than any altcoin because it is more stable during bear market. You may get bigger profit in holding altcoin but you will get more loses in altcoin by holding it specially during bear market.
newbie
Activity: 85
Merit: 0
August 13, 2018, 11:09:32 PM
Of course, Crypt is a very fluctuating market in which investments will be at high risk.
newbie
Activity: 69
Merit: 0
August 13, 2018, 10:29:50 PM
I think you need to be able to hold your BITCOIN FOR a long period of time to get a huge profit.
newbie
Activity: 17
Merit: 0
August 13, 2018, 09:44:00 PM
by me will be keep bitcoin in time to, that it that it will help me for a interval in the current time in
newbie
Activity: 272
Merit: 0
August 13, 2018, 09:41:58 PM
I think holding back bitcoin in the long run, for us will also get more profits, because the development of bitcoin prices every day also grows better, so we will also get faster profits.
jr. member
Activity: 140
Merit: 1
August 13, 2018, 09:38:10 PM
If you can hold your bitcoin in long term then you can get profits from it because bitcoin price increasing easch and every year so in some years the value of your bitcoin will increase.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.
newbie
Activity: 176
Merit: 0
August 13, 2018, 09:13:28 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 ?

Diversify your portfolio is the key to reduce the risk of losing money. Also, I think everyone should hold some BTC in their portfolio!
newbie
Activity: 46
Merit: 0
August 13, 2018, 09:12:05 PM
Your points here is good but you should also take into consideration if the altcoins fall you loose bitcoin as well.
jr. member
Activity: 168
Merit: 2
August 13, 2018, 09:11:06 PM
actually holding bitcoin for a long time is a very boring job and. but if you look at the market conditions like now the prices of bitcoin and altcoin always go down a until we have to try to hold on until the price rises again
newbie
Activity: 82
Merit: 0
August 13, 2018, 09:07:32 PM
Investing in BCH coins or other altcoins, is to avoid the risk of large losses.
jr. member
Activity: 238
Merit: 1
August 13, 2018, 07:46:33 PM
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.
newbie
Activity: 84
Merit: 0
August 13, 2018, 07:36:50 PM
I think that more daily trading could also help the market grow even more, especially now that it keep dropping non stop, though, there are also newbies who rely on long term investments and you can't simply demand them to trade without knowing what they are doing.
newbie
Activity: 97
Merit: 0
August 13, 2018, 07:32:49 PM
The BTC may not yield a big profit, but it's stable, so you always need to keep some of your money in the BTC. As the last days showed he is more resistant than Altcoins.
Have you sold all of your coins? Are you trying to purchase as much Bitcoins as you can lol....if so, then that would be funny.
newbie
Activity: 66
Merit: 0
August 13, 2018, 07:24:54 PM
on the contrary, I believe that if you have purchased bitcoin at a low price in the future it will grow and bring good profits.
Investors and regular people could hold the coins if they want to. Just don't put your lifesaving's inside of it.
full member
Activity: 350
Merit: 111
August 13, 2018, 07:19:33 PM

So what you think. Hold alt coin or Bitcoin ?
Holding is the best way for people who bought bitcoin for a high price to make sure that they do not lose their money by selling their coins at a cheap price. By holding you make sure that your coins are safe for when the prices of the coin go up, then they can start selling their coins at a good price. Don't listen to what other people say about holding, hold your coins, the price will go back up.
newbie
Activity: 224
Merit: 0
August 13, 2018, 07:17:11 PM
on the contrary, I believe that if you have purchased bitcoin at a low price in the future it will grow and bring good profits.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
August 13, 2018, 06:56:09 PM
Why should i if i my belief is greater than what you are thinking? Looking back at how bitcoin's market cap and price grown drastically over the past couple of years is just a clear manifestation for me to believe that holding my bitcoin for a couple of years is a good decision anyone should make.
jr. member
Activity: 224
Merit: 1
EndChain - Complete Logistical Solution
August 13, 2018, 06:49:00 PM
The BTC may not yield a big profit, but it's stable, so you always need to keep some of your money in the BTC. As the last days showed he is more resistant than Altcoins.
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