Don't hold Bitcoin for long time. - page 73.

indopool

full member

Activity: 403

Merit: 100

Quote from: pranazzs on May 26, 2018, 04:41:03 AM

Yes you are right, it is better to use capital for trading or to follow the legit ICO.
or can buy a coin that just listing on the exchange because the possibility of profit more than 100% even 1000%.

The advice of some of my colleagues here is very good and that's what I always did last year, but for now investing in ICO projects and day trading is very hard to do, maybe because the coin price is flushed or the lack of buyers interest, I do not understand. certainly if we want to develop in cryptocurancy we have to think extra hard to make a profit.

twkasun7

jr. member

Activity: 116

Merit: 1

You mean trading ? of course trading will make you rich & multiply your BTC .But is has some risk also worth to take that risk.try ti invest at least 50% of your BTC capital.

straimrpl777

member

Activity: 378

Merit: 11

As the crypto market showed, those investors who kept bitcoin in their wallet lost in the end less than those investors who kept crypto crypto projects.

Deulealis

jr. member

Activity: 224

Merit: 1

I believe that BTC should be the main one in the investment portfolio, somewhere around 50%. And the rest is worth using for investment in Altcoins and ICO.

Golstrim

sr. member

Activity: 1456

Merit: 253

Margin Trader

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!

sukmo

full member

Activity: 760

Merit: 104

Moonbet.io

Yes you are right, if I prefer to invest with altcoin because I think the prices are not too down, when the price falls.
And we can choose a variety of nice coins for investment in the long term.

ourepts

full member

Activity: 288

Merit: 100

We can conclude that the price of bitcoin or altcoin at any time changes. We can not be sure to predict when prices are high and when prices are low. However, before you invest in this crypro, it is good that your needs are more than enough. And the rest of the money you have can be used for long-term investments. That is my suggestion.

antogen123

newbie

Activity: 82

Merit: 0

in my opinion, in order to trade currency you need to have some experience and knowledge . So it's certainly a good idea but you need to be able . I prefer long-term investment

Congyang

full member

Activity: 882

Merit: 110

Quote from: The Cryptovator on May 26, 2018, 12:35:20 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 ?

it's a person's choice because now there are many potential altcoins. but for myself it is still recommended to hold bitcoin, because we know if bitcoinn is a coin that has the most potential to have a high price than other coins. so this is a good choice.

udana123

newbie

Activity: 196

Merit: 0

I see a huge uncertainty in altcoins. Market can change suddenly. This moment you might have a profit for your alt coins but in next moment you'll become a huge looser. But I see a pretty stable market in BTCs. However in order to get the benifit from the price fluctuation, you need to sell your BTC to USD or any othe4 currency. If you didnt do, then it will be like the way you mentioned. Always you will have that same amount of bitcoins

X-avier

member

Activity: 406

Merit: 10

I think that everyone chooses a strategy for themselves and what to buy / sell, if you go to the market without a specific strategy, then you are very at risk of losing everything! Most of my investment is on a cold purse and waiting for better times)) Another part I trade, and so far everything turns out. If you have skills in trading, then do it, you can also make money there.

ParabellumLite

sr. member

Activity: 560

Merit: 250

Quote from: ?? on ??

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.

Yes, on the 10th of August we will see a decisive event with Bitcoin and the cryptocurrency market. If this decision is adopted, it could be a big turning point for the cryptocurrency market. If the Bitcoin ETF is available, it will cause the shark to try to buy Bitcoin as much as possible before being bought by ETFs, as you know Bitcoin has only 21 million BTCs in the world.

Helloween

sr. member

Activity: 798

Merit: 260

I am a very patient person, so I bought bitcoin for long-term storage. I am ready to keep this coin for several years and I am fully confident that such a strategy will lead me to more money. Roll Eyes

irenegaming

full member

Activity: 476

Merit: 102

Kuvacash.com

That's why I always hodl half my portfolio in bitcoin and invest the rest half in altcoins. But hodling a large part into a stable coin like Bitcoin is also needed instead of converting all your coins into altcoins. Cause Bitcoin is the only coin currently in the crypto markets that is here to stay.

jrivera68846

newbie

Activity: 21

Merit: 0

Quote from: The Cryptovator on May 26, 2018, 12:35:20 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 prefer short-term investment rather than long-term into the cryptographic market. If the market changes continuously if long investment no one sure is safe for you. But short-term investment, I can see profits immediately and always but not much. At least it gives you a sense of security than when you invest long term, you always have to watch the market, tired. Do not know anyone who thinks like me?

jony35490

jr. member

Activity: 422

Merit: 9

Bitcoin is the most safest investment for cryoto currency than others altcoin. But your idea is good, if you want to get more Bitcoin then you can buy some best altcoin. But I still recommend to hold Bitcoin.

jyotsna060278

newbie

Activity: 105

Merit: 0

Bitcoin will give less advantage over investment in long-term as compared to alt coins as when BTC is up, alt coins are up about 4 to 5 or more than BTC, but there is also low loss when BTC is down as alt coins are down far more than BTC. It is up to investor's choice which way to chose, more benefit, more loss then go for altcoins, less benefit and less loss, then go BTC.

Tulanpa

newbie

Activity: 98

Merit: 0

Presently, It's highly risky now to invest on ICO, once market down you can get a chance. Buy alt coin and hold it up to reach on your target. Good coin never give you loss. Just need pateince. But as for bitcoin, holding for a long term can cause a two way regret, either increase or decrease.

Denigmatic

jr. member

Activity: 238

Merit: 1

If you just want to get Bitcoigne's advantage alone, I think it will take a long time. Better you can also develop your money by buying some Altcoin, which had a progression of good and potential for growth.

JackMan125

newbie

Activity: 36

Merit: 0

I think Bitcoin has the best chance of rising in value from its current position, It is one of the safest place to store value

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