Don't hold Bitcoin for long time. - page 72.

crypto_lisbao

newbie

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Quote from: The Cryptovator on May 25, 2018, 11:35:20 PM

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'm not holding BTC.
Currently I have few positions: EOS, Welltrado, Ethereum and Ripple.

Taner

sr. member

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Sure, there will come a time when big and small investors will begin to transfer funds from bitcoin to altcoins. It was last year, so it will be this year too.

darkr

full member

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Of course it is better to hold bitcoin because it can bring more profit than the same amount of altcoin and is more reliable.But... I also like ethereum

AzureDragon

member

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Such a logic doesn't work because there is a few coins which has the same level of stability like BTC.
But these coins follow toward the BTC price steb by step. Threrby you will have no profit.

novaprime

sr. member

Activity: 812

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UniDApp - it's DeFi time!

Quote from: CEOKEY on July 24, 2018, 08:07:06 AM

BTC is a potential e-currency that is most stable in the cryptographic market. BTC is a valuable coin that affects the value of other Altcoin in the market. On the other hand, I do not have much time to be able to regularly track and update information on the cryptographic market. Therefore, I always believe in choosing and keeping long term BTC.

Bitcoin plays a decisive role in the overall market and almost all altcoins depend on Bitcoin prices. Bitcoin is always a good long-term investment because it is the safest investment in Cryptocurrency and the risk ratio is lower than all other altcoins. Right now is a very good time to invest long term because I am sure the price will increase continuously over the next few years

$9million

jr. member

Activity: 140

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Why shouldn't I hold bitcoin for a long time. I want to generate profit and so I will continue to hold bitcoin for sometime

spike420211

sr. member

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Quote from: Golstrim on July 23, 2018, 01:59:59 PM

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!

At the current stage I prefer the strategy of overflowing funds into bitcoin , fixation at the highest point of growth, and further transfer of funds to alt coin.

CEOKEY

full member

Activity: 462

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BTC is a potential e-currency that is most stable in the cryptographic market. BTC is a valuable coin that affects the value of other Altcoin in the market. On the other hand, I do not have much time to be able to regularly track and update information on the cryptographic market. Therefore, I always believe in choosing and keeping long term BTC.

komjhq

full member

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Quote from: Denreal on July 23, 2018, 03:28:22 PM

It depends on how you plan it. My suggestion is that you divide the money into two places and invest into both bitcoin and ethereum. There are times you might not be too sure of the coin you are holding. When you you one part to invest into bitcoin and the other part into the coins you feel are good.

To date, there are so many predictions about the future of Bitcoin that it is not clear who to trust. But if one learns about the cost of bitcoin in the region of $ 150,000, it seems that long-term investments should be successful.

Stormspirit

sr. member

Activity: 642

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I think it's okay to hold bitcoin for a long time. Bitcoin is a more reliable crypto currency for long-term investments. I will also hold my Bitcoin for a long time because I do not think the value of Bitcoin will increase in a short time, because bitcoin prices do not change from day to day, it changes months or years. Bitcoin is a profitable coin if you just have to wait, patience is what we need in this world, just hold it and wait for the price to go up to get more profit.

BeeDrill

newbie

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It is better for beginners to simply invest in the crypto currency, the trade of altcoins is already the next stage and contains big risks and many can lose on it

Tiklohor

member

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on the contrary, I believe that bitcoin is the best long-term investment. and in the future will grow in price.

Denreal

jr. member

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It depends on how you plan it. My suggestion is that you divide the money into two places and invest into both bitcoin and ethereum. There are times you might not be too sure of the coin you are holding. When you you one part to invest into bitcoin and the other part into the coins you feel are good.

Crypto4all02

newbie

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You should try and understand your way around the market so as to make the best decisions.

Oyebode1

newbie

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If we look at both BTC and ETH, You should see why both are topping the list in the Crypto world, they are on top because they're the worldwide trusted accepted cryptocurrency that's the reason why the investors trust in them, so I don't see reason why you shouldn't hold on to btc for long term.

Yinkadaada

newbie

Activity: 21

Merit: 0

I totally disagree with the OP because what if the investment in the Alts fail at the end of the day? It's better to do both.

bitconceptbiz1

newbie

Activity: 21

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It is adviced to hold on to btc as it appreciates every year, remember history always repeats itself.

$9million

jr. member

Activity: 140

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I don't agree with you. Patience is very important to earn more money and profits in cryptocurrency.cryptocurrency can be a short or long term investment depending on the investor.

somelink

newbie

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Diversifying and holding both is probably a better idea.

biginvest

member

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The Future Of Work

People who had the patience earned on bitcoin good money last year. Bitcoin's course is quite interesting for investment today. However, this is a long-term investment that will bring profit at least six months or a year.

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