Topic: Don't hold Bitcoin for long time. - page 8. (Read 10770 times)
I would keep Bitcoin to the last, many Bitcoins sell and buy at non exchanges because of the shadow market, it does not rise!
I never know what will be with price of altcoins. "Select best coin" is imposible, because coins from top 10 also fell down in 20 times. Bitcoin will be every time at first place.
In my opinion, Bitcoin is an ideal coin for a long time. Bitcoin started this in cryptocurrency. So it is better to buy BTC and forget about it for a couple of years. The price for it will definitely grow!
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 ?
Few things to consider here, if the BCH exchange rate increased then yes we are in profit if we exchanged 1btc to bch at that time.
But if the BCH exchange rate does not change then we are in the same level, but what if the exchange rate decreases? Then we are in loss.
I incline towards hodling Bitcoin as i think in it. It was the basic and it retains existence the basic . Thither desire be no thing greater . All the more with this cost .
Well we say and do things from our experience, but i believe in long term investment from my experience holding for a long time has always been the best for me for the a year now.
I anticipate the continued - designation mastery of bitcoin is indeed extremely great , as I'm confident the cost of bitcoin desire keep to breakthrough every age and desire consecrate bitcoin investors to get copious .
I never listen people who told me what I should do with my money because I trust oly my intuition and it tells me to hol my bitcoins
as traders we must be really confident because the results we get depend on ourselves. input from people is needed but your decision is in yourself. we cannot rely solely on input from people because it is not entirely true.
With the experience of analyzing the medium term bitcoin from my perspective, a trade person with a price action. I believe that Bitcoin hold is a best choice in today's cryptocurrency
I never listen people who told me what I should do with my money because I trust oly my intuition and it tells me to hol my bitcoins
Sometimes this logic works in the opposite direction. When you bought Altcoin and suddenly Bitcoin starts to fall in price, as it did this year - you will get incredible losses instead of profits.
at the moment I am holding my bitcoin and I see that this is the best strategy on the market while other coins didn't grow bitcoin is very stable
In my opinion, I don't really see anything rong in holding Bitcoin for as long as possible. Besides, the price is ever going to increase.
No. I don't believe that. To get more profits in cryptocurrency, you need to hold either bitcoin or altcoins. That's the only option.
To get more profit, you need to invest in altcoins. The main choice is not to be mistaken. I think that bitcoin is a long-term investment cryptocurrency. Of course, if you keep BTC, it will be less profit than other Altcoins, but it is more secure. This is for those who are an investor, not people interested in technology.
I agree with your opinion of the altcoins. To make more profit, we should follow the developments about quality altcoins platforms and make investments. Research before the general rule to do research before doing.
By holding altcoin you are able to increase the amount of dollars and Bitcoin in your hand. I agree with you. Altcoin market offers great opportunities. Keeping Bitcoin only allows you to earn earnings by doing short-term trading. But I wouldn't want to keep the long term Bitcoin.
I understand your point of view, but what if BTC dominance is growing like it used to be for last half a year?
In this case you lose more than average market dump. I also don't like btc,but you have to accept risks
if you don't like btc then what coin do you like? of course we are here definitely want to invest and get big profits. one of them is bitcoin because the price is the highest. I think everything here is sure to like bitcoin. In this case you lose more than average market dump. I also don't like btc,but you have to accept risks
In my opinion, BTC is a stable electronic currency that can dominate the entire Altcoin value market. Therefore, investing and keeping the BTC for a long time is necessary. BTC will increase value over time.
I understand your point of view, but what if BTC dominance is growing like it used to be for last half a year?
In this case you lose more than average market dump. I also don't like btc,but you have to accept risks
In this case you lose more than average market dump. I also don't like btc,but you have to accept risks
I do not like long-term investments in the crypto market. It makes more sense to make money by buying and selling.
I make more money by buying and selling.
It is necessary to follow the market constantly.
I make more money by buying and selling.
It is necessary to follow the market constantly.
It is really good to use what you have and let it circulate the online crypto economy. Just like in the local currencies, saving too much affects the economy of a country, we should regulate the use of currency here in the internet so that it will benefit us. Holding in bitcoin for a long time is good for you since it gives you opportunity when it strikes it high market value but do consider the Crypto Economy.
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