Topic: Don't hold Bitcoin for long time. - page 67. (Read 10770 times)
Why not when the debt-to-GDP ratio of countries has increased steadily since 2007 and the cycle of economic crisis 10 years come close to us, however, time is difficult to determine. As the economic crisis unfolds, the Crypto market will be a good place to avoid storms and Bitcoin will undoubtedly be the most anticipated name.
Yes, if you use your money for trading and investing in good ICO`s or altcoins it will increase your capital a lot. But it`s still riskier than to buy bitcoin and hold him.
I absolutely agree with you. Because the Crypt market is a very fluctuate market in which the investment will get high risk. Whenever you think that you can satisfy with specific level of profit. You should sell the coin and enjoy it.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Good joke.Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
Look where is Bitcoin Cash now. Holding is the most profitable way in crypto. Holders are earning thousands of percent per year or two. While your BitcoinCash could die tommorow.
But in my opinion, I should hold a BTC for a long time. Maybe the time when the end of 2017 will return, then the value of BTC increased over $ 20000. Then those who hold will be richer.
Nowadays we need to be practical on our deliberation, its either to hold or sell. I strongly recommend bitcoin is a good asset for long term holding, than selling at very cheap prices and may regret by the end. And I believe bitcoin's value will grow enormously and may continue to grow faster and may reach $25000 peak before this year end.
But in my opinion, I should hold a BTC for a long time. Maybe the time when the end of 2017 will return, then the value of BTC increased over $ 20000. Then those who hold will be richer.
on the contrary, I believe that bitcoin is best kept in the long term. because over time, it will become more expensive.
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 ?
Well, for me I prefer to hold Bitcoin rather than Altcoin, because I am comfortable in using bitcoin and even though its value is still 1BTC and only Dollars value are rising still I can earn from it. It all depends on person, I know there is a person who will pick altcoin because they used to it and they believe it is more profitable. Nevertheless, both are good to hold it all depends on the users.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
well the person's strategy is different, I myself choose long term for bitcoin, why, I take a year history kubin, bitcoin at the end of the year prices soared to the point, and I think bitcoin is okay in long term, different edengan etherum, I like short term because etherum traffic likes to ride down quickly in my observations Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
of course to hold or not the decision is in your hands, do you still believe in bitcoin or not, but I think if there is altcoin that have a chance to be able to profit then I will take the opportunity so I will still be able to get profit
I think you are wrong. Everyone has his own strategy and his views on the future. Altcoin can bring you a lot of profit, but it's not as stable and reliable as bitcoin.
I think holding can be a good choice because crypto in the future can be more popular. But the market is unstable and when the market goes up you can sell for a profit.
Holding bitcoins for a very long time is necessary because the market price is volatile so it was necessary to hold your coins every time the market price is dropping.
Is a well known fact among investors that passive holding is the less effective long term strategy, continuous trading in both fiat and altcoin pairs should be your way if you want to earn big money with your bitcoins, of course, it has its risks too, mainly with all the fishy things the exchanges do too often.
but I still believe in bitcoin for long-term investment. I feel that long-term investment is more profitable than others. and the money that I get more, it is a fact that I experienced.
So what you think. Hold alt coin or Bitcoin ?
What I think is.. why we not hodl both of them? bitcoin for long-term and then altcoin for any periods. This discussion is like to speak about trading. But for your title of the thread, I think we have to hold bitcoin for long term. Look at the max supply, only 21 million. Before max supply is reached, we can do what we can do like buy bitcoin and then sell them. But once bitcoin reaching max supply, it's good news for the hodler.
There are someways to handle that, you can hold bitcoin till it reach high price and then sell it to buy altcoins then if you earn again you can buy bitcoin in a dip amount then sell it afterwards if the price is high. You can do trading if you want to have more profits than holding, but holding bitcoin is a good thing after all
Maybe I chose to hold altcoin than holding bitcoin because many potential altcoins in the market you could earn x10 profit with it, but you should research first the coin before you to invest.
There are many cases happen. Maybe you bought BCH but when you need money, only bitcoin up, rate in bch/btc fall? If you want to be safer, invest in bitcoin, or you can invest your venture by buying altcoin to get compound interest.
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 ?
If your have enough knowledge about bitcoin. Then you can save the bitcoin you have because it will be like a great gold that make it so valuable. If want more profit considering your self as an investor then you can gain more profit differentials by trading on it.
I am an investor with limited capital. so I do not want to do long term-investing. although the bitcoin price is far from the price it used to be a blessing for bitcoin holders who hold bitcoin for a long time. but I do not dare to take risks.
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