Topic: Don't hold Bitcoin for long time. - page 90. (Read 10769 times)
I think that a few bitcoins need to be kept for a long time, I think that in the future it can reach 1 million dollars apiece, it will be a very good surprise, but if it falls then not so much money you lose, it's very simple
Bitcoin can be kept for a long time, but I agree that you always need to diversify the risks, and do not keep all the savings in one coin, even if it is bitcoin.
Well, there is some sense in what you Say, but whats the essence of holding if not value addition? id rather have BTC with high value than a number of Alts, doesn't make any difference, Besides, getting the good alts is the whole trouble, most of them is just a gamble, and they are more volatile even more than BTC in the long run, your idea will work perfectly fine for a trader, but for a holder, id rather hold BTC
You are right, we should disperse the funds in coins with more upside, but only if the coin itself has value, so that we can get more rewards. But the ultimate goal of all my Altcoin purchases is to be able to use the profits earned in exchange for more BTC.
Just like any other investment if you really know what's good behind it then go you should need a deep research. Blockchain is here and bitcoin as well so compare it to another financial investment. Bitcoin in long term will give you multiple profit!
it still remains that the best investment is certainly bitcoin or may be added with ethereum, so for something else, it is true that you need to deepen about it.
No other coin can be considered against bitcoin for hold as long term as bitcoin already proved its value in this market hence it is a leader of crypto currencies. You can sell your bitcoin anytime but some coins don't have much liquidity in down trend and you can trapped.
People hold bitcoin, as they consider it relatively safe compared to other altcoins. It is true that if you hold other altcoins and some of them newly listed then it would be more profitable than holding bitcoin. As some of these newly listed coins can pump hard and make x100 or x200 in future.
as much as it is the blockchain technology and the decentralized framework and technology, you can not talk about this entirely without including the name of the major coin which is bitcoin. but its percentage increase does not run as fast as an altcoin would so holding unto it for a long while would not be nice.
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 ?
Why not hold and invest? I think there is merit in hodling some BTC, and investing some of it. That way, if BTC goes up, you have some long-term value in it already, and you also earned from the trading you did with other altcoins. And if you have enough, you don't need to hold just one coin.
on the contrary, I believe that bitcoin is the best coin for long-term investments.
I agree with you my friend, I don't believe that bitcoin will die in the long term period. I think people as a bitcoin community can't let bitcoin die, I believe so much in bitcoin and I believe also in bitcoiners (people who like bitcoin), I am sure that bitcoin will continue rising over the years, so for people who think that bitcoin is not good for long term investment, please think twice if you want to make this decision.
Yes it is true, I also do not recommend holding bitcoin in the long run. Seeing the stagnant bitcoin development makes me doubt the future of bitcoin. I prefer to hold altcoin alone if for long term, for example ethereum or ripple. Especially ethereum, ethereum has a potential future in my opinion. Now ethereum is useful to be the foundation of running an ICO project so that ethereum proves to be good and I am sure that the more forward, the many parties are using ethereum.
Yes it is very good to have some coin untu in hand like ethereum, bch, ripple, stellar. profit generated is very large if it has several coins in the investment. select a coin that has a large volume and a good future.
I do not think so. I do not have much time to watch and day trading so buying and keeping is the best way I can do
on the contrary, I believe that bitcoin is the best coin for long-term investments.
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 ?
there is nothing wrong with your opinion because all the controls are held by yourself, but if you are ready to take risks and choose the right alt coin I think it can work well and get the most profitable investment that is important Do not let greed penetrate into you .
Just like any other investment if you really know what's good behind it then go you should need a deep research. Blockchain is here and bitcoin as well so compare it to another financial investment. Bitcoin in long term will give you multiple profit!
Well, this is an analysis based on quite a large number of assumptions and very little facts, we both know what Bitcoin is capable of, the quality of the coin is quite unquestionable and its performance in the market proven, Its a personal choice whether to hold for longor not, But id advice any on to hold for as long as possible for the value of the coin wil definateluy rie again at some point
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 ?
Yes u agree with you, long term holding might be a little dangerous this time and truly you have said it all, taking good research well on the Altcoin you'll invest in. Go for the best coin so as to avoid dump.
Well, in fact I am still holding the Bitcoin. In my opinion, BTC is a very promising coin to hold for the long time. I have ever done about this. Holding them for some years when buying in the cheap price and then this year, the price is growing up. I still believe that some years later, the price will really grows up and be better than this.
I share your opinion. I am holding Bitcoin long time and I am sure I have missed some profitable opportunities. but I am sure I got away with some ugly ones as well.
that's true!
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