Topic: Don't hold Bitcoin for long time. - page 85. (Read 10769 times)
Altcoin can bring you much profit, but it's not that stable and reliable as bitcoin. That's why people hold bitcoin, cause you buy it on dump and hold, and receive profit.
Your logic is true .. But if you invest $$$ in wrong coin, you will end up going to zero..
High-Risk, High-Reward
High-Risk, High-Reward
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 dont agree with you,BTC is the only most reliable coin which can be held for a long time.Suppose last week BTC price was $5700 and right now is $6600 see the difference.Always analyze the situation and then decide.Many other altcoins like ETH,LTC,EOS,ADA,NEO can also be held for long time.
Very good suggestion, I think if divided into several coins then the result will be more. But the problem is choosing a good alt coin that has a future prospect. I just found out a really good coin alt new ETh coins, for others I still have doubts.
Price of Bitcoin is going to shake the market soon, when it goes back up, and trust me, you wouldn't want to miss out on the sky rocketing. So it's only advisable that you hold on to the coin as long as you want to. The market has experienced so much blood this season and the greens are coming soon. If you are only holding for short term, you might miss out on the greens, or make less profits.
Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
Unfortunately, there can not be ideal conditions in the crypto market. You can make a mistake with choosing a coin and lose your deposit. I think that we must diversify our risks. In the portfolio you need to keep several different coins. It is difficult to predict what will grow and what will fall.
must settle for trading. if you know that your holdings are rising you will convert that so you do not lose.
Certainly Altcoins because BTC market cap too high for me.IF I hold some great altcoin that market cap below $500m that coin can go 2x or more.
Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 I prefer to hold both alt and bitcoin because both cryptocurrency plays very important role in the market but the time of holding is really depends on the investors and the status of the cryptocurrency in the market.
we should all coins not only bitcoin we should bitcoin ether and other altcoins and when we find the market is going downtrend we should convert these coins in USTD to safeguard our account
If you have times and skill and how to trade crypto, for the better use that BTC for trading, price of Bitcoin and all altcoin is high volatility so we can make much profit from it if we hace good trading strategy and better risk management.
Yes, you are right! But how you think when the Bitcoin price drop, all the market drops, when Bitcoin price rise up, the altcoin still decline? Altcoins price may be zero in someday, but I don't think Bitcoin price will zero.
I think Bitcoin can still be held for a long time. It is unique and special. There is a very large collection value, and the total amount is constant, and the future value will only get higher and higher.
Bitcoin is the king of cryptocurrencies and at the current price in my opinion is to be purchased and kept at least six months. Even for the alt coins you can use this strategy, because the market has fallen a lot, and I think in the coming months there will be a good recovery that could give, to those who have a little patience, good earnings
I prefer short-term investments, because it provides a quick profit and not too long wait.
and for bitcoin I think is good for long-term investment.
because the movement of bitcoin price increase is very slow. and it takes a long time to experience an increase.
and for bitcoin I think is good for long-term investment.
because the movement of bitcoin price increase is very slow. and it takes a long time to experience an increase.
Bitcoin is still very profitable compared to 1 year ago, I think bitcoin need holding, altcoin can be wrong to keep. I am gathering ethereum and bitcoin
I don't think the same thing as you. I think Bitcoin is the cryptocurrency of long-term investment, because I think Bitcoin will not rise much in the short term. Bitcoin is the most valuable cryptocurrency and the most stable cryptocurrency. It has a high long-term investment value.
bitcoin is the most reliable coin ever since 2009 . during the decade , bitcoin prices have changed from zero to $20000 . but during this period many altcoins have disappeared . i will hold bitcoin for a long time
I think holding or selling or swapping it to altocin depends on your knowledge of crypto and how your strategy to get profit at the price is currently down, if you believe in it then do it and you will learn from your experience
It depends on you, if you sell it now you will lose. Because the new market is sluggish, and if you you sell it it will not benefit you. So hold on until the market improves
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