Topic: Don't hold Bitcoin for long time. - page 89. (Read 10734 times)
I think this need was to speak in December or January this year ! and right now I think they need to buy and not sell, the market is close to a turn
BTC is the safest bet right now though
I think that we are investing in bitcoin is also a good thing for us, especially in the long term with better price waiting, I am sure that we will get many benefits.
I think it's better to hold bitcoin for a long time than to put it on a coin that has not had a clear development yet. Because bitcoin already has a strong potential that can clearly develop its value. With me holding it for a long time, I will also get a decent result.
It seems to me that the author of this post is not entirely right, I believe that it is at bitcoin has a chance to survive and remain in demand for many more years, while the rest of the crypto currencies can disappear in the next 2-3 years, without finding a practical application!
It's totally correct! Everyone makes independent decisions in the investment world. If you are disappointed with the crypto, you can invest in something else. But I'm a crypto enthusiast and therefore I believe that investing in the most advanced alts and BTC will bring me a good profit in a few years.
It seems to me that the author of this post is not entirely right, I believe that it is at bitcoin has a chance to survive and remain in demand for many more years, while the rest of the crypto currencies can disappear in the next 2-3 years, without finding a practical application!
It's totally correct! Everyone makes independent decisions in the investment world. If you are disappointed with the crypto, you can invest in something else. But I'm a crypto enthusiast and therefore I believe that investing in the most advanced alts and BTC will bring me a good profit in a few years.
It seems to me that the author of this post is not entirely right, I believe that it is at bitcoin has a chance to survive and remain in demand for many more years, while the rest of the crypto currencies can disappear in the next 2-3 years, without finding a practical application!
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
I think bitcoin is good to be long term investment but what we need to know is when to sell, and its true invest on altcoins would give you more chance to gain more profit, but i think its means there is high risk and i believe altcoins are more volatile than bitcoin. So both are profitable and i do think altcoins is better but like a said before we need to know when to sell. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
No, I believe that when the price of Bitcoin rises, according to your algorithm, the price of BCH will definitely drop, so if you have purchased any cryptocurrency, it is best not to do too much operation, so it is easy to make wrong judgments.
If you don't want or you can't risk it would be better to buy bitcoin for the long term and wait till it reach the biggest price. But if you can analize, always aware of cryptocurrencies news and want to get profit every day you should buy alts.
In my opinion,it really depends to your goals,But for me,I want to make a profit everyday than holding a bitcoin for a long time.Before ,I was thinking to hold my bitcoin whatever it takes but I realized its not healthy to be affected when bitcoin is fall everytime you check it on the market.So set your goal and learn when to enter and exit in bitcoin .
I'm prefer to hold Bitcoin for Long time because it is like saving for the future. Even the market value of Bitcoin now is very low but it can't affect my faith that Bitcoin will going to peak soon.
Why not? In my opinion, Bitcoin is one of the most promising and profitable coins to hold, for the long time investment. The trust, concept, and also value are sure. Bitcoin may be low right now. But, this first cryptocurrency is always developing, especially, they are going to be accepted in more industries.
I do not think that it is very profitable. If Bitcoin grows to $ 20k it will be only 3x. I think that if you invest money in any other coin, then it will be able to do much more profit in %
In my opinion,it really depends to your goals,But for me,I want to make a profit everyday than holding a bitcoin for a long time.Before ,I was thinking to hold my bitcoin whatever it takes but I realized its not healthy to be affected when bitcoin is fall everytime you check it on the market.So set your goal and learn when to enter and exit in bitcoin .
I think it is better to hold btc rather than bch, because talking about popularity and safety, it is better all the time to hold bitcoin. Although bch is also a good crypto coin but the comparison is much far from each status as a part of cryptocurrency coin.
Nice logic, but also you must know that if Bitcoin drops, alts do the same. And you will lose more in both BTC and USD. But holding BTC can save and gain your wealth.
I think, bitcoin is good for long-term investment.
I've been feeling the investment in bitcoin for a long time. and brought me a big advantage.
I've been feeling the investment in bitcoin for a long time. and brought me a big advantage.
Why not? In my opinion, Bitcoin is one of the most promising and profitable coins to hold, for the long time investment. The trust, concept, and also value are sure. Bitcoin may be low right now. But, this first cryptocurrency is always developing, especially, they are going to be accepted in more industries.
I still believe in bitcoin, in the current situation with the market, I will only invest in bitcoin.
For me, the value of bitcoin is worth affirming. But I will not hold it because I haven't had so much money to deal with for the time being. So I chose ETH.
I still believe in bitcoin, in the current situation with the market, I will only invest in bitcoin.
I think bitcoin can be held for a long time depending on the person. This even creates an opportunity for you to gain more profits.
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