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Topic: Don't hold Bitcoin for long time. - page 6. (Read 10770 times)

sr. member
Activity: 490
Merit: 250
★YoBit.Net★ 1400+ Coins Exchange
October 27, 2018, 03:45:52 AM
The author apparently doesn't understand what he says. Bitcoin is a digital gold that needs to be held as long as possible. at least part of the money is invested in bitcoin. I am more than confident that bitcoin will cost much more in the coming years
member
Activity: 196
Merit: 10
October 27, 2018, 03:22:41 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 ?

I don't think it's worth the risk. I'd better just start waiting and buying bitcoin when I have the opportunity to do so. Now the market is not developing so fast to use your tactics. This may have to wait about a year
member
Activity: 279
Merit: 10
October 19, 2018, 07:41:38 AM
I agree here. It is not necessary at all because holding doesn't bring so good incomes like investing or trading. I prefer to see use money than to think about them.
newbie
Activity: 152
Merit: 0
October 19, 2018, 07:23:22 AM
 It makes more sense to make money by buying and selling.
I make more money by buying and selling, risen and falling of market makes someone who is more active in buying and selling to earn more
full member
Activity: 868
Merit: 116
October 19, 2018, 07:19:22 AM
This issue of holding Bitcoin and not holding for a long time has really been a trend on many medias, There is nothing good as to hold your coins for a long time. The same thing is still happening today in most projects, many people wants to get rich quick so immediately they go to exchange the next thing is dump which may at the long run bring regret. I always canvas for long term hold.
jr. member
Activity: 173
Merit: 1
October 19, 2018, 07:18:30 AM
So many people are sure in this opinion but I don't mind why. BTC is the most reliable coin for the REALLY long term holding with the lack of problems.
hero member
Activity: 882
Merit: 500
October 19, 2018, 07:15:33 AM
I am sure that Bitcoin is an excellent investment in long-term. Yes, of course, before you spend money, you need to carefully train the object of investment. I believe that Bitcoin is not just the leader of the cryptocurrency market and is the best investment, even in long term.

I also think similarly to you, recently I was very excited about the news that the CFTC was announcing Bitcoin as a commodity, like gold, silver or oil (referred to as commodity). And that bitcoin can be considered digital gold because it helps people store assets or prevent risks
copper member
Activity: 112
Merit: 0
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
October 19, 2018, 05:55:02 AM
I am sure that Bitcoin is an excellent investment in long-term. Yes, of course, before you spend money, you need to carefully train the object of investment. I believe that Bitcoin is not just the leader of the cryptocurrency market and is the best investment, even in long term.
hero member
Activity: 840
Merit: 520
October 19, 2018, 04:29:46 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 ?
Holding of your coin is the wisest thing one can do as before investing into any crypto currency one should know that the currency in which they are investing their money are highly volatile and therefore their valuation is subject to flactuation so if in the time of deflation if you are patience and holding your coin and waiting for the next pump then you are very wise and in the future, you are definitely going to make very good profit out of bitcoin.
sr. member
Activity: 924
Merit: 255
October 17, 2018, 12:13:31 PM
Bitcoin is better and more stable option than all the altcoins I mean if the market decrease much so the altcoins decrease much more. In  my option the holding Bitcoin for long term is really better, because it is more stable I will repeat.
full member
Activity: 462
Merit: 100
October 17, 2018, 11:36:07 AM
I do not like long-term investments in the crypto market. It makes more sense to make money by buying and selling.
I make more money by buying and selling.
It is necessary to follow the market constantly.

Not everyone will be able to trade. To earn on the course you need to have the skills, knowledge and enough time to monitor the market situation. Yes, you can earn so much more, but for beginners you can lose everything
PH-
copper member
Activity: 42
Merit: 0
October 17, 2018, 11:29:53 AM
BTC is a long term investment, as long as you know the opportunity to buy and sell, and if the market falls, holding in the long run can be an opportunity to make a profit.
member
Activity: 309
Merit: 10
October 17, 2018, 11:22:02 AM
For me bitcoin is a great cryptocurrency for long term. Yes your idea is great with your multiplying strategy but what if bch will dump. You will be having for example 0.5 btc instead of 1. What next? Having bitcoin is just seems to be more stable at this point
member
Activity: 532
Merit: 14
October 17, 2018, 06:21:11 AM
Bitcoin might be the only one coin I would want to hodl like forever! I see this as a guarantee investment and no other altcoin gives me this feeling. So in my opinion, if you are patient and don't want to take a lot of risk, then holding BTC is not a bad idea.
copper member
Activity: 40
Merit: 11
Trust in God
October 17, 2018, 06:05:50 AM
yeah, i think your advise is very good.
But, i think both bitcoin and altcoin can make profit. it depends on the project behind it.
member
Activity: 74
Merit: 17
October 17, 2018, 06:02:17 AM
I think it is better to hold bitcoin now because the price is extremely low right now. Don't let yourself influenced by other unless yo agree with them.
I wouldn't say that's one of the best suggestions, rather hold on to USDT knowing that you have a chance of buying more bitcoin values if the BTC value goes down. I will rather buy some of the altcoins which declined extremely bad and sell once the market picks up, most altcoins tend to follow bitcoin. You might make so much profit by just doing that
member
Activity: 74
Merit: 17
October 17, 2018, 05:57:07 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 ?
Sometimes it's best if you don't put all your eggs in one basket - it's always best to diversify and not just depend on one asset. This will eliminate all the massive losses an investor can make. The best advise I can give you is to buy bitcoin and some of the good altcoins which might be undervalued at the moment, but still have chances of coming back and increase in value.
jr. member
Activity: 100
Merit: 1
October 17, 2018, 05:46:38 AM
i   disagree  with  this  opinion   because  i  think  that   the  long  term  and  especially  for  bitcoin   will  bring  you   more  profits and  you will aproach  at your  goals.
member
Activity: 378
Merit: 10
October 17, 2018, 05:41:26 AM
I think it is better to hold bitcoin now because the price is extremely low right now. Don't let yourself influenced by other unless yo agree with them.
member
Activity: 210
Merit: 10
October 16, 2018, 02:32:20 PM
Actually, yeah, you're right. With this pattern you can multiply your profits without any problems. But you have to follow market everyday
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