Topic: Don't hold Bitcoin for long time. - page 52. (Read 10770 times)
Bitcoin hold for the long term can be used as a way to minimize losses because if you look at the current condition of a bad market the best way is just to hold because this can be useful for securing assets even though it must be long term.
If you want to earn a lot - you need to use a day-long trading, but this is a high risk. Either you need to buy bitcoin and keep 2 years
I also think that you need to keep the coins for 2-3 years. Even if you bought $ 300 in 2015 - you would have to wait 3-4 years to sell expensive.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
How sure are you that bch will compliment to the price of Bitcoin? I don't know if your presumption is good but all I do know is the price that matter. I don't care if how much bch is the 1 btc, for as long as the price of btc will grow and I will keep on holding it until I see a bigger profit.
I think this is not true to me because everyone has his own way of HODLing his or her coin. I can choose to HODL btc for long time and also sell alts immediately I get them. HODLing depends on you and you can choose to hodl till you are fed up. 
It is now difficult to determine the trend in the market. Bears still do not give up. Bitcoin can drop to 5000, but a strong rebound is possible. Alts are now very dangerous, so hold bitcoin.
I think that the strategy of hodl is used more than anything when the market is falling, the best thing in a bull market as you have already mentioned is to diversify your portfolio in several promising currencies, of course I always consider that you have to have a good investment in bitcoins because it is the most stable and have a varied wallet to take advantage of all the increases you can, for example ETH can go up x1 or x3 but some alt that does not promise much can go up x100 from nothing and that would multiply your investment.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 there are not exact correlations between bitcoin and other prices. Yes, the growing potential might seem smaller than many other coins, but I believe the strength in the crypto, and I think btc has enough strength.
It is a positive attitude to hold bitcoin and altcoins this time because it is kinda savings for your future, to hold is also an opportunity to become rich than to thus who didn't.
Yes, It is very important for you to increase your portfolio if you decide to trade with your Bitcoin, in the long run just as it is good to hodl, it it also profitable to trade bitcoin with other altcoins to get a good return. This can be done in a short period of time or a long duration, it all depends.
Yes , I agree, but there are people who do not believe in altcoins and purely store bitcoin, but I think you need to invest money and not sit on them!
Now the crypto currency market is very unstable, so most traders recommend selling crypto currency and staying in fiat money. A little later you can start buying crypto currency again.
Yes, if I were a trader, I would also recommend selling now all that is would have provoked an even greater reset of tokens to the market, I would have already bought the ether not for 300, but for 100 per piece. 
Now the crypto currency market is very unstable, so most traders recommend selling crypto currency and staying in fiat money. A little later you can start buying crypto currency again.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Bitcoin is not very suitable for investment in the long term. I like to trade in short term. So more chances to earn and less chances to fly. If of course be able to trade Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 can say that my practice showing me that the best decision would be to trade a half of your investing portfolio and to hold long-term have another half. So basically on trading 50% of my bitcoins, I am holding another 50%.
I think this thing is not supposed to do because the concept in this type of investment is to hold bitcoin for a long period of time. the longer you wait the higher market value it will be.
you are right though but I think what OP was trying to say is that it's much more easier to accumulate more bitcoin by trading altcoins, so as to get more Btc to Hodl on for long time, but trading bitcoin also one can accumulate more of it, that's if you are good in trading
Completely! It is smarter to contribute for a transient speculations since it is difficult to confide in long haul ventures even it is a decent money like bitcoin. In any case, on the off chance that you have contribute your cash with a money that influence your ventures to get littler as you contribute it is smarter to hold while sitting tight for their expansion in the market. It does not regard offer your money you contributed that you don't got any measure of benefit.
I totally disagreed to what you have said and I think differently, because for me investing and holding bitcoin for a long time is a very good move and choice due to the fact that we have seen the progress of bitcoin each and every year and I can definitely say that holding bitcoin is more profitable than any other coins.
yes, I know it will add to the bitcoin that I have. but, if we don't have the ability or knowledge about trading, we will make a wrong decision. trading is not an easy thing. need knowledge. if without trading knowledge, the bitcoin you have will decrease. not increase.
it seems like I have to always learn, so I won't be too hasty, if I don't know the market price I will lose. if I put on a rising market, I won't sell it if it's down, I'll keep my bitcoin.
I think that bitcoin really should be in everybody's portfolio. Holding btc is less risky than altcoins, but it's difficulat to talk about stability, bitcoin is indeed the most stable in the crypto market
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