Topic: Don't hold Bitcoin for long time. - page 95. (Read 10769 times)
It is much better to set a price you would reach to gain a percentage profit and then try to start another investment in altcoin, trading and business with the used or earnings. It is not necessary to deal with a full time holding.
For me it is very important to always monitor the current market price movement, which can grow like Bitcoin is still in this market, Now Bitcoin has established itself in this market. However, your thinking is positive, and if you find one or more good alt, who has a good team and the project is being developed smoothly and transacting with a large hat volume, then enter it with a good price, I hope you can achieve our target want.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Hold BTC or altcoins depends on the market. The market now all red. when you convert from BTC to BCH will be the same value. You will make profit if you hold USD. All coins red and buy one at the lowest price. Wait and the coins will grow, it is also the same as you buy BTC. Now USD is stronger than BTC.Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 I agree because with your opinion on whether to hold bitcoin or altcoin because the rate which it will grow or fall depends on the market and the beauty of crypto is when the price of your coin is going high and you can earn meaningful profit by the time you sell it.
everyone chooses how to trade himself. for example, I'd better buy the old 1 bitcoin and wait for its growth. for me it is a more reliable option. and it is easier to trade every day than to wait for months of small profit
For me holding bitcoin in long term will give me a huge profit, because I know after a couple of months bitcoin price will increase and it can reach again a high price.
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
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
The maximum number of released Bitcoins will not exceed 21 million (the last coin will be released in the distant 2139). This gives grounds to state that the crypto currency will not be exposed to inflation due to the release of more and more new coins. Limited issuance Bitcoin gives hope for its potential resistance to inflation. Real money is printed daily and so inflation occurs, so every year, all goods are gradually becoming more expensive.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Hold BTC or altcoins depends on the market. The market now all red. when you convert from BTC to BCH will be the same value. You will make profit if you hold USD. All coins red and buy one at the lowest price. Wait and the coins will grow, it is also the same as you buy BTC. Now USD is stronger than BTC. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 is now falling and it is necessary to sell it to minimize its losses. Yesterday bitcoin updated the minimum price in 2018 and I am sure that the cost will continue to decline.
Right now I'm more interested in Altcoin.
I think Altcoin is better than Bitcoin.
Now Bitcoin is often priced down and this is very worrying.
I think if you choose Altcoin with good specs and choose altcoin correctly then you will avoid dump and you will get a lot of profit.
Many are experiencing disappointment in Bitcoin and subsequently many are exchanging to altcoins that have good potential.
I think Altcoin is better than Bitcoin.
Now Bitcoin is often priced down and this is very worrying.
I think if you choose Altcoin with good specs and choose altcoin correctly then you will avoid dump and you will get a lot of profit.
Many are experiencing disappointment in Bitcoin and subsequently many are exchanging to altcoins that have good potential.
You better get a profit by buying a coin every day that is better in my opinion because it is very dangerous to invest long-term in crypto because everything will happen for the price of coins. You will lose if you are not good at looking at opportunities let alone for the long term.
No matter how low it has reached. From my understanding bitcoin has reached such a level with the trust people has developed over bitcoin. People who have known the true fact about the cryptocurrency market will not tend to sell it out. Holding is the best practice one can do to overcome the loss.
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.
I think, maybe you are right, it is better to use the capital to trade or follow the legitimate ICO. once the market goes down you can get a chance.
Buy alt and hold coins to reach your target. Good coins never give you a loss. So do some research first before investing.
Buy alt and hold coins to reach your target. Good coins never give you a loss. So do some research first before investing.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
i think i get your point here,and upon calculating seems like youre right because if i had bought other coins those lower prices i guess my folio is gaining now.i have believed in holding for long but now had some more good idea than that.Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 remember theres almost same topic i have read in past but i didnt buy hes idea and now this is the second time i may take this to apply in my strategy
everyone chooses how to trade himself. for example, I'd better buy the old 1 bitcoin and wait for its growth. for me it is a more reliable option. and it is easier to trade every day than to wait for months of small profit
If you can't trade or invest then holding a coin, especially bitcoin, you can make a good profit when the coin goes up.
Each form of money should work every day, even every minute. If you just hold money without investing, you will have lost the potential amount of them. So don’t hold money for a long time, including BTC, to earn much 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 ?
This doesn't make sense. While BCH distribution was initially tied to BTC (10:1), they are no longer tethered. So you really just have to invest in the coin that you believe has most long-term potential (assuming you plan to hold).
In my opinion, there is a place for Bitcoin in every portfolio, because the market still very much goes as Bitcoin goes. The current altcoin bear market can be directly attributable to the drop in Bitcoin's value. Similarly, the bull market at the end of last year was directly attributable to the spike of Bitcoin to $20k.
I think you're wrong. Bitcoin has been growing for several years and I see absolutely no reason for it to ever end , I mean growth
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