Actually most people nowadays don't hold bitcoin directly
Rather they use it as a capital of investment in altcoins and liquidate it whenever bitcoin balance is needed, and i also follow the same procedure.
Topic: Don't hold Bitcoin for long time. - page 63. (Read 10734 times)
If given the chance and with the considerable amount of capital, I prefer to hodl bitcoin. The only time I am selling my btc is when I am in dire need of money. Aside from that, I can hodl my btc for the whole year or until next btc pump. I never purchase bitcoin in one batch. I prefer buying on different price so I can be flexible when selling. I know when to sell and gain at the same time. Not just selling because I need to.
Maybe you're right, but there are some periods when altcoins go down and BTC just increase in dominance, like nowadays.
I prefer holding in both altcoin and bitcoin. I diversify risks and that's it!
I prefer holding in both altcoin and bitcoin. I diversify risks and that's it!
well, it is better to hold both bitcoin and altcoins on long term because they both have great advantages and potentials to get big profit in the near future
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For me long term is still good. But you must monitor always the growth rate so that you can build a new strategy, target price and to get the right timing to sell as well 'cause to be honest holding in long term isn't worth it if you are not making technical analysis every day, which is you will end up to losing money if you let your money floating in the market without checking the circumstance of the growth rate.
I somehow agree with the topic above. I also don’t hold my bitcoin for a long time. Because in my case, I only hold bitcoin if the price is low and keeps on getting low. This is my way of cutting more losses and earning a little more.
.Maybe you arecutting your losses but you are also cutting your profits
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For me long term is still good. But you must monitor always the growth rate so that you can build a new strategy, target price and to get the right timing to sell as well 'cause to be honest holding in long term isn't worth it if you are not making technical analysis every day, which is you will end up to losing money if you let your money floating in the market without checking the circumstance of the growth rate.
I somehow agree with the topic above. I also don’t hold my bitcoin for a long time. Because in my case, I only hold bitcoin if the price is low and keeps on getting low. This is my way of cutting more losses and earning a little more.
In my opinion, bitcoin should be in everyone's portfolio. Holding bitcoin is less risky than alternative currencies. It is difficult to talk about stability, but bitcoin is indeed the most stable in the crypto market. Everyone should assess their own risks.
for us to hold bitcoin in the long run is also a good thing we get a lot of bitcoin, because the growth of bitcoin prices every day also increases, so we will also be more profits in the future.
But what if it's a bear market? 
So you're converting bitcoin into ALT, and ALT is going to go down a lot, so it's a scary thing.
So you're converting bitcoin into ALT, and ALT is going to go down a lot, so it's a scary thing.
I agree with this. I think the choice of bitcoin for long-term investment is not right. BitCoin graphics are so variable that it is suitable for daily trading.
On the contrary, bitcoin is exactly the coin that you should be holding for a long time. With coins like bitcoin, people tend to think that the coin has ran it's course, that there is no way that it will grow which is wrong. If you have bitcoin then hold them for a long time, the more time passes, the more valuable bitcoin will become, don't sell because you are scared.
And if you want to invest in some other Altcoins. İnscoin Eth and EOS you can choose
It only happen when your Altcoin dump bigger than BTC. It's not always happen like that. But I think that isn't the main problem. The main problem right now is the market which going down.
I think everyone finds a more convenient way for themselves. If you have enough money, you can combine both ways.
I believe that bitcoin is something that you need to keep for a long time. It is not necessary to keep altcoins for a long time and bitcoin is the most stable asset that is likely to grow in price in the future
Since the advent of bitcoin and gold both are going up consistently. Bitcoin more so, what is the problem in hodling it for long time. Sure take profits on the way and buy back when it goes down.
I believe that bitcoin is something that you need to keep for a long time. It is not necessary to keep altcoins for a long time and bitcoin is the most stable asset that is likely to grow in price in the future
I've been making long-term investments, I hold bitcoin for a long time maybe 1 year. and I'm getting a big profit, what's wrong with holding bitcoin for the long term.
on the contrary, I believe that holding bitcoin for a long time can give you the best profit. if bitcoin will grow in price.
It depends on you. For me it is better to hold altcoin than bitcoin because other coins have great potential than holding bitcoin. Altcoin is faster profitable for short-term investments, in contrast to bitcoins that have to wait a long time.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
I agree. If you invest correctly in altcoyins, then this will increase the amount of bitcoin. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
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