Topic: Don't hold Bitcoin for long time. - page 53. (Read 10770 times)
I would rather choose to hold Bitcoin for a long time. At least I am still profitable. When I change bitcoin to altcoins, I have a high probability that I am losing money.
You have your part of right. But i think is better to hold some bitcoins and only sell a % of it for some altcoins and wait and see how is going, and if can make more bitcoins from altcoins trading.
In my opinion, to decide on investment in bitcoin, we must be ready to hold it for a long time. Because BTC doesn't grow consistently every day. Instead, he will skyrocket in one time to give the highest point he achieved. So, if you want to invest in bitcoin, then hold it down and keep monitoring the development of bitcoin prices on the market. When bitcoin increases significantly, that's when it's right for you to immediately enjoy the results before bitcoin falls again.
You have very strange mathematics. You understand that to create a stable and profitable portfolio, such a game with numbers is not allowed?
Yes in this market you have to be researching into other companies. Bitcoin is not the only market to make profit off of!
I am a very patient person, so I bought bitcoin for long-term storage. I am ready to keep this coin for several years and I am fully confident that such a strategy will lead me to more money. Roll Eyes
I think bitcoin is an ideal means to make money, not to store it. After all, only the cryptocurrency allows you to quickly and effectively earn money for ordinary people.
I agree that, should not hold any kind of coin for too long in person, we can not know when, the bitcoin value will increase or decrease. If kept for too long, at some point, they will bring you only harm, never be beneficial to you.
In my opinion, to decide on investment in bitcoin, we must be ready to hold it for a long time. Because BTC doesn't grow consistently every day. Instead, he will skyrocket in one time to give the highest point he achieved. So, if you want to invest in bitcoin, then hold it down and keep monitoring the development of bitcoin prices on the market. When bitcoin increases significantly, that's when it's right for you to immediately enjoy the results before bitcoin falls again.
A good coin will achieve its primary purpose, which is profit. But only in able hands. In this case, you need to wait for a certain moment to buy. Now the market has fallen. And then opens a lot of opportunities.
But btc is down, if kept more and more holes
Only Btc should be held for a long time. Only this cryptocurrency has enough strength to be the aim of holding and this holding will bring too much money later.
I do not agree with you not to keep Bitcoin for long because i think Bitcoin is the most valuable and valuable currency for the longest it will surely be worth it because now the BTC prices are low and we should Buying and keeping them for a long time and it will go up more. And long or short hold depending on the strategy from time to time.
it seems like I will learn this first, so as to make no mistake in determining the next step. not yet the time if i have to declare to hold BTC, i still need to study for a long time. but I know that at this time BTC is still the best.
thanks
thanks
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.
I know, therefore, I always trade. holding bitcoin for too long will not increase the amount of bitcoin you have. Trading is the easiest way to increase the amount of bitcoin you have.
Yes sir. I totally agree with your idea. Because of personally I don't like and don't make long-term investments. If we looking for an significant profit, the best thing is making investments on altcoins. This is more profitable than holding bitcoin.
I think you should invest in both Bitcoin and altcoins. Bitcoin is the number one coin in the cryptocurrency market and you need it to make your wallet more stable. But you also have to invest in altcoins, because thanks to altcoins you will be able to get more profit, just do not invest only in one or two coins.
i don't think that's a good idea to trade bitcoin into another cryptocurrency and then hold it. but if you trade it into USDT / fiats, it's more profitable. for example if you had 1 BTC and then it's price is going down a bit by bit, so you trade it into fiat, after some time (bitcoin hit the bottom) you buy back the BTC and got more BTC than before because the bitcoin is still less than when you sell it.
ur logic is a bit weird, basically just find a coin u believe in, be it bitcoin or altcoin... some altcoins will do better than bitcoin, others will do worse.
I do not agree with the thread poster, i still think that btc is the best long term investment, atleast when we compare it with bch, there is uncertainity about bch in the market so i think holding btc is still better, it is gonna be extremely profitable soon.
I think if the situation is like this and the market price is very low this is the time that you must hold your bitcoin, because although if you sell your bitcoin for now you didn't earn profit so better if you hold your bitcoin for now. Holding is better if the market price is very low.Jump to: