Topic: Don't hold Bitcoin for long time. - page 54. (Read 10734 times)
This day, it should be not holding for long term, when you are after for the profit which is easy to earn. then you should be investing in ethereum and you need to monitor its price and so you can be updated ,
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.
You need to be able to distribute your assets in different currencies - this is the key to success.
Very often after listing on the exchange, the coin falls instead of grow up.
Very often after listing on the exchange, the coin falls instead of grow up.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Yes you are right, it is better to use capital to trade or join a legitimate ICO, or can buy coins that have just been listed on the exchange because the possibility of profit is greater than just holding Bitcoin but this is not easy, it requires good analysis and luck because now lots of ICO scams and coins that don't move or coins die.Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Holding is a good thing whenever pumps are occuring but using it too much or abusing it may lead you to different risks. Holding bitcoin is much advisable right now but if ever the value rises already once again, stop holding to avoid loosing what you already have. For altcoin, holding is a different thing compared to bitcoin so be smart about it. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
The price of the coins depends on the bitcoin, but when all of them and bitcoins are down, I think USDT should be able to keep the situation going.
I don't agree with you. I think bitcoin is a coin that has to be held for a long time. Don't forget how much it has increased in the three years from 2014 to 2017. So I think if the bitcoin can not hold for a long time, your profits may be very low.
BTC is always good for holding, if you could keep part in it and the other ones in alt for trading, it would be easier to make profit.
Bitcoin takes around 8 years to reach the price of $ 15k, I'm sure that the price of bitcoin will be more expensive and 10 years from now it seems that the price of bitcoin can reach $ 1 million.
It's hard to say exactly how long it is, actually, digital money investment is very attractive but the risk is really great!
Be careful when deciding to join any project!
Be careful when deciding to join any project!
But in my opinion, keeping the BTC for a long time will bring big profits for us, the market will increase again at the end of this year, the price of coins will increase and you will become BTC millionaire
To what extent is long time? At some point in a year, the cost of the bitcoin pump high which empowers its speculators to bring benefits before it go down once more. These speculators have invested months sitting tight for the bitcoin to go up once more. I used to hold bitcoin inside a year until the point that it would wind up bullish again and offer it when it achieve its most astounding cost of the year. The main quarter of the year is generally a bearish quarter and that the privilege for me to purchase bitcoin again at its most reduced cost.
BTC is always good for holding, if you could keep part in it and the other ones in alt for trading, it would be easier to make profit.
It seems quite reasonable, then you keep continuing to convert btc to bth, and I keep holding my btc. Look who is the winner 5 years ago.
They are both good if the prices in the many markets will go green mate. Just wherever in both of them you may take profit. It depends on which part you are much more confident to hold with. Hold into bitcoin or into bitcoincash mate.
You should not keep large amounts of bitcoin in your body. Because you can not know when their value will increase or decrease. When you have a chance, you should sell some Bitcoin, but do not sell it. You should keep some to invest in other projects
It seems to me that you are mistaken in that the BTC does not need to be stored for long. It seems to me that this should be done because the BTC always rewards those who can handle the BTC coinage for a long time.
After reading the post, I calculated it carefully and found that what you said is justified, but what you may not know is that the safest currency for cryptocurrency is bitcoin. In my opinion, Bitcoin cash is just a fork coin of Bitcoin. Its value will never exceed Bitcoin. My choice is still bitcoin, it is worth waiting patiently. And getting more people know is bitcoin instead of bitcoin cash.
to hold bitcoin in the long run, for us will also get more profits next year, because the development of bitcoin prices every day also increases
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
it is only a calculation that is not in accordance with the current market situation. It needs to be calculated also how the market changes for the next 1-2 years because many markets and altcoins are popping up, of course Bitcoin is the right choice to take advantage of every money we can compare to altcoins that have not been tested in the long run. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
Not good to put asset in one basket, Not good to hold only one coin. i have bad experience doing that. I hold most my coin in MNX. When MNX is 30 USD, I don't think to invest in eth or BTC. Now MNX is only 7 USD. I lost a lot of profit because of that. Since the experience I would split my asset into some stable coins at least top 10 coins in coinmarketcap.
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