Topic: Don't hold Bitcoin for long time. - page 66. (Read 10770 times)
if you know the market volatility of the bitcoin then nothing to worry about, as long you have enough knowledge and understanding you can hold bitcoin for a long time, and when the right time comes that the bitcoin is in high value then you can sell it in a profitable price.
Why not hold both altcoins and Bitcoins? It's not necessary that you should be investing in one coin. Diversifying your investments can make your profits bigger if you know what you are doing, right? For me, I focus on just holding my coins until it increases in value. Because, I don't have that much knowledge when it comes to trading. So, I think that I am doing the right thing for now. (Until I research all about trading and stuff).
I totally agree with you. Therefore, I myself adhere to this strategy, it is better to have a couple of hundred other coins than for the same price to have one BTC. So you're thinking right, it's very good! Good luck to you all!
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 ?
With this strategy, you can reduce your capital with the same probability as you increase it. Most of those who traded lost money in the end. All those who held, increased their capital in fiat money.
If we consider the price of bitcoin as it changes for each year, then the profit is very impressive. No bank can give such interest, and half of what is given by seiaas bitcoin. However, it should be borne in mind that bitcoin can not grow in price for too long. Further investment in it will be more risky and risky. It is necessary to observe the market very well, and one should not get too involved and invest all of its funds in the crypto currency.
I don't keep any money in Bitcoin. I know it's the most popular cryptocurrency in the world and many people know it, but there are so many interesting alt coins and i think it's more profitable to invest in them.
bitcoin charts are constantly changing in the cryptographic currencies. so it is not right to keep the bitcoin for a long time. you can get a profit of 30 percent in a short time.
It works only if you are active trader, because not all people are ready to rebalance portfolio every week. For majority of people it is simplier just to invest in BTC once and forget about crypto for years in order to catch big movement. Not all people are redy to deal with exchanges etc
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 ?
Your opinion is good for some extent, but before buying any altcoin it is better to have at least 1 BTC. Because it's very restricted in amounts, and demand will be stable, thus price naturally will rise.
It is may be that scenario is: while BTC will grow up to 20K or more, BCH will remain the same in USD, and thus you had 1 BTC, but now it's less than 1 BTC.
I can not agree with this. It seems to me that saving in BTC is the most correct, because if BTC loses in price, then not so much as for example altcoins. But on the other hand, you should always look for information.
I think it is smarter to hold btc as opposed to bch, in light of the fact that discussing ubiquity and wellbeing, it is better all an opportunity to hold bitcoin. Despite the fact that bch is likewise a decent crypto coin yet the examination is much a long way from every status as a piece of digital money coin. Bitcoin is an extremely well known coin, and it is the best coin of all cryptographic money coins, so the better coin we holds it will likewise returns of better pay at the end.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
For many people it is really scary and risky. They would better hold BTC even in the case of loosing price, then trying to convert it, while this might be dangerous to loose it completely. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
Those investors who held bitcoin long last year got a good profit. If they sold bitcoin at the peak of growth. Now I think that it is unprofitable to keep bitcoin for a long time, it is better to trade it in short positions. The same applies to the altcoin. Those altcoins that I have kept since last year, have now reached the bottom again.
yes agree, that indeed in terms of calculations how long we hold bitcoin or altcoin, can compare with the previous price must now drop drastically. then where there is a good moment or price at the peak better sell it because maybe our mind will not happen again the price like that, so take advantage of the price when it felt that the profit was satisfied maybe that is best done.
Yes, I think so, because it develops and implements its roots in many structures. I think soon she will be included in daily life and all will be well.
No it is good idea to hold it))
It's not as easy as you imagine comparing Bitcoin with other altcoins for the same improvement. I hold Bitcoin as well as other BCH or Altcoin, which I have never experienced altcoin can increase in the same way as bitcoin. if other coins have the same increment as bitcoin then I will not break my investment into altcoin.
The reason I now have an investment in BCH coins or other altcoins is because to avoid the risk of greater loss if only holding one coin only.
The reason I now have an investment in BCH coins or other altcoins is because to avoid the risk of greater loss if only holding one coin only.
Why not hold bitcoin in the long run? I think holding bitcoin for the long run is great for you to earn big profits in the future. you need not hesitate to hold long-term bitcoins. And also do not be a panic seller just because the decline occurs.
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 ?
Hold both, you should not just be a holder, you should also know when to trade and move your funds to ride along with the price flactuations of both bitcoin and altcoin. It actually depends on your aim, if you are planning to gain more dollar through holding, just hold. If you want to increase the amount of your coin, take the risk, move your funds and trade.
No matter how low it has reached. From my understanding bitcoin has reached such a level with the trust people has developed over bitcoin. People who have known the true fact about the cryptocurrency market will not tend to sell it out. Holding is the best practice one can do to overcome the loss.
And if the price of altcoins falls? Then we will have less bitcoin. I agree that I have the same amount of bitcoins. But the number of dollars grew.
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