Topic: Don't hold Bitcoin for long time. - page 80. (Read 10734 times)
Well, again, if you invest in another coin, it is a big risk that you can stay with zero, especially now it is better to keep in coins without risks
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 ?
I always think that bitcoin is the strongest coin in the crypto, and although the growth potential of the many other coins, I think it has the biggest possibility to be the real winner.
I am not agree about your opinion because bitcoin investing specially for a long term investment always profitable . Previous history also say that its always high value return .
Ye i agree that you need to buy altcoins and sell sometimes bitcoin if its green for long time, and buy some bitcoin if its red days.
I do not hold for long. I think bitcoin will not grow fast and keep most of the money in tokens and altcoins
In my opinion, Bitcoin is still worth our long-term hold. Bitcoin is the king of the market, the king of all altcoin, it has enormous power. Bitcoin is popular around the world, so many investors are holding Bitcoin. Experts predict that Bitcoin will recover and grow at the end of this year and its price will reach over $ 25,000. So I think Bitcoin will make a lot of profit for us.
You can use Bitcoin for trading, so if you don't want to hodl, it's better to use Bitcoin for a better and more profitable short term.
In my opinion, I prefer to hold the Bitcoin. Although the amount of the coin is still the same, only 1, but we can convert it sometimes to the dollars to get the higher rate. Bitcoin is also still one of the best coins to hold for the long-term investment. I like this coin because of the utility and rate.
Maybe you are right by your own side, but I think different. And, I love to hold Bitcoin for a long time. Because only long bitcoin holders are a millionaire now and if you start hold from now for a long time then you can earn huge money too. Because bitcoin has high potential to reach 50K USD in any time.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Bitcoin holding are for the early adaptors. They can choose to hold their Bitcoins for as long as they want since they got them at a very much lower price than it is today. But for the new investors, it would be wiser to invest in alts since prices are much much more affordable and the growth for value is greater. Meaning, there is a better possibility for bigger profit when we will invest in alts. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 you are a trader, and you follow the news from Crypto-currency, you will not keep them for long, because you will have time to wrap your money much faster on altcoin
If you don't want to hold BTC for a long-term, but to increase the amount of BTC, then trading and day-trading will be best for you.
Sincerely speaking I don't know this before.
Thanks to the poster at least I have learned
Something today, no wonder the elder says no knowledge is lost and information is the key to empowerment.
Now I am enlighten with this information.
Thanks to the poster at least I have learned
Something today, no wonder the elder says no knowledge is lost and information is the key to empowerment.
Now I am enlighten with this information.
There is a lot of room for growth with bitcoin,it is unimaginable now but is fast becoming an asset class.If as little as 1 percent of the middle class use it as a store of value, price estimate will be 150,000 Usd per btc.
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 ?
For me, Interms of long-term method It should be bitcoin currency because you may buy low and sell high If necessary. In altcoins nowadays their was rare case reliable coin to Invest because there are a lot of ICO were scam and Its hard to determine which of It.
For me hodling BTC is another form or making profit. It's been more stable than other coins. It has been dropping in price, 5% recently. But I think it's still more profitable to hodl it in the long run than panic sell now.
I agree. Bitcoin seems like one of the coins that even after a log time it would still retain its value simply because it was the first coin to exist. But of course, it all depends on thee interpretation of the 'long-time' because 1 year may not seem to long to HODL for some whilst it can be the opposite for others. 
For me hodling BTC is another form or making profit. It's been more stable than other coins. It has been dropping in price, 5% recently. But I think it's still more profitable to hodl it in the long run than panic sell now.
But how about if bch doesn't increase in value? I believe more in bitcoin more than any altcoin as bitcoin is more establish than anything else and besides I don't want to settle to lesser things. I think what you've said is just pure speculations and we all have different point of view.
On the off chance that you are brimming with data about the eventual fate of BTC. At that point you can hold the current BTC. BTC will be a hard money like gold later on. On the off chance that you are a speculator. Need to get more benefit. You can gain more benefit differentials through exchanging.
It's all the magic of numbers. Let's check. If I bought Bitcoin on $20 and now the price growing to 7k every 5% of grow give me 175%. Am I right?
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