Don't hold Bitcoin for long time. - page 79.

Invester

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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 ?

This has already been thought of earlier. This is the reason why even if I am an avid fan of Bitcoin and of hodling it, I always make sure that I am also hodling the top altcoins. This will be a strategy for your portfolio to remain good even if either altcoins or Bitcoin is going down. But if the entire market is in blood, you cannot do anything about it anymore. And then, I would also like to add that you make the basis of your portfolio's value in BTC and not in USD.

galahads

member

Activity: 84

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I think Altcoin is better than Bitcoin, at lest sometimes
Now Bitcoin is often priced down and this is very worrying.
I think if you choose Altcoin with good specs and choose altcoin correctly then you will avoid dump and you will get a lot of profit so rhats it what i think

Shinpako09

legendary

Activity: 2058

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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 ?

Of course if you want to increase the amount of coins you are holding. Take a risk and trade but you said select the best coin so why BCH? I'd rather choose eth , ltc etc. or USDT to trade. But nothing is wrong with holding for a long time. They aren't lossing a single coin and the value of it is getting higher. Less work as well

pandanaran

full member

Activity: 1048

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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 ?

1 bitcoin with a higher price $ , it is profitable as well as the profits you say that has 15 BCH because the tip we have convert to FIAT for the spend, hold altcoin or bitcoin it depends on the future market movement, if according to my analysis the movement of bitcoin is more suitable to hold than altcoin.

wowprolol

member

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you give the wrong advice, bitcoin will bring a lot more profit if you continue to hold

hsjd569

newbie

Activity: 89

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Whether it's a bear market or a bull market, investing in bitcoin is the right thing to do. The right time to invest in altcoin is in a bull market. If you invest in altcoin in a bear market. Your return on investment will be low.

xysheeh03

jr. member

Activity: 238

Merit: 1

I think it depends on the current marketability of the bitcoin nowadays. If they sell more at higher price, then that's fair to hold it in a time frame suitable to your needs.

quketyom

newbie

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As I would like to think, I think it is smarter to hold BTC instead of bch, on the grounds that discussing prevalence and security, it is better all an opportunity to hold bitcoin. Despite the fact that bch is additionally 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 prevalent coin, and it is the best coin of all digital money coins, so the better coin we holds it will likewise returns of better pay

slava87

newbie

Activity: 196

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I don't know why you think that , but I think the opposite . Bitcoin is very good for hold ...

Xhero

newbie

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Everyone's investment method is different. Everything is only possible. We can't predict which cryptocurrency will have the biggest room for growth in the future. So no matter which cryptocurrency you invest in, as long as you think it is good, and it will have good prospects in the future, then you can invest in it.

indoagung88

jr. member

Activity: 294

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it seems like I will learn this first, so as to make no mistake in determining the next step. not yet the time if i have to declare to hold BTC, i still need to study for a long time. but I know that at this time BTC is still the best.
thanks

omar bakrie

newbie

Activity: 182

Merit: 0

I thus less agrees with this statement. In my opinion, this is a bitcoin coins which are suitable for long term investment. It is no problem to hodl it in a long time. even the biggest increase bitcoin usually occurs within 4 years.

Question123

sr. member

Activity: 1624

Merit: 267

If you are investor last few years ago this is good for longterm. But if you are in this yeat it's up to you if you want to hold bitcoin for longterm or not. But I believe bitcoin in the next few years the price become high price and you will get more profit again.

bitcame

jr. member

Activity: 112

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if we look at market conditions now it is not good to hold btc in a long time, if we sell btc and buy other altcoin sya guess it can even increase our btc assets later. but such things require proper coin analysis for investment so we do not lose money.

biangkerok

member

Activity: 189

Merit: 10

the same thing i did, i changed my crypto asset to some altcoin, i guess with the minimum asset of btc the profit i got is not that much, but if i use to trade altcoin the other gain can return more than btc i have.

tolobua

newbie

Activity: 168

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 ?

many people argue that bitcoin works best for long-term investments, they say it will greatly benefit. but I've never tried it, because I'm not interested in bitcoin, the price is not fair.

captain_blood

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Activity: 364

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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 up to your risk appetite, Bitcoin is the less risky investment compared to alts. But I agree with you that you will earn more ROI in alts rather than Bitcoin. But the risk accompanied in alts are high. There are 40% of the alts fails, in terms of roadmap and development. And they will eventually be out of value.

ichi ocha

newbie

Activity: 168

Merit: 0

Quote from: dealung on May 26, 2018, 06:08:39 AM

That's a good and reasonable reason but I'm more confident if for a long period of one year or two in the future, and with this long-term investment I'm sure I can make a lot of money.

yes I agree with you because nowadays many people are holding bitcoin an investing in Bitcoin with short term, in because bitcoin will soon be back and can benefit back because bitcoin decrease from early of January ago until now not yet return

Didin

full member

Activity: 395

Merit: 100

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 ?

the simple name from your explanations above is "crypto trading" my friend
just trade your bitcoin to others coin, so you can gain more profit

johnalyn

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Activity: 314

Merit: 10

In other your right it suppose to trade in some currency that we like to invest with our money. And holding it for too long with a good amount of profit in the current situation may lead to a losing a good profit again because we know that bitcoin is so volatile. We can't predict it's price if we still holding it for too long that's why it is better to make a possible time plan to get your profit in a good amount.

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