Topic: Don't hold Bitcoin for long time. - page 99. (Read 10769 times)
BTC or ETH are traditionally reliable options for my investments. Periodically I invest in them to diversify my portfolio, the most reliable coins of the crypto market.
I am sure that in the modern market there is no other such coin that can so grow and influence the whole market as BTC. But in any case, you need to diversify your investments, including investing in altcoins.
yes, I think that we need to hold bitcoin if we want to make a lot of money in the future because we know that only bitcoin that will increase higher and we agree when bitcoin price increase, that means our profit will bigger than before. I agree that we need to have another coins to grow our money and we have another investment besides of bitcoin only. the altcoin giving a chance for us too to make a profit in the future but only for a good coins that we already analyze before.
And if it is translated after the summons into a fiat, it is how much your thoughts are obtained. Somehow you are interested in translating bitcoin into fork and vice versa. We will not go into detail. but let's just say that any coin is good if it is partially dropped after the next boom and profit. And Bitcoin if you still hold for 5 years so can get and the price of last year.
Absolutely! It is better to invest for a short term investments because it is hard to trust long term investments even it is a good currency like bitcoin. But if you have invest your money with a currency that make your investments get smaller as you invest it is better to hold while waiting for their increase in the market. It is not good to sell your currency you invested that you don't received any amount of profit.
I am sure that in the modern market there is no other such coin that can so grow and influence the whole market as BTC. But in any case, you need to diversify your investments, including investing in altcoins.
I read your analytics, a really good and detailed analysis. But still I am sure that this is the largest coin of the growing and developing market of crypto, so it will go up.
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.
I still hold bitcoin and some of the altcoins. I'm always hoping that someday good returns will be achieved. Just keep on investing for a longer term. Someday we will harvest what we have sow. This is better than not doing anything at all.
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$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
That only applies if the purchased altcoin, a percentage grows larger than Bitcoin, but do not forget that the reverse is true. Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 have no problem to wait, but besides that I also play a bit from my other fund to get the profit so it does not disturb my main fund
Yes! you are right and for me also it is better if we hold altcoin rather than bitcoin because other coin has a big potential than holding bitcoin. If we speak about marketcap of each coin I would choose a low marketcap and has a potential because you can gain more profit on that coin rather than holding a coin that has a big marketcap.
I think that bitcoin is generally not profitable to hold, and everyone is likely to understand that large factors in the next 3-4 months will not be.
I think it is obvious. But i would add that don't hold bitcoin during a huge pump. Well for example in December 2018 it has to be sold 100%. And maybe we will have this situation soon again.
Why we don't hold bitcoin for long time? we can make profit of bitcoin if we hold for long time and no need to convert your bitcoin to bitcoin cash or any altcoins, but it's up to you if you like to convert it just make sure that you convert is a potential altcoin.
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
I will keep my bitcoin for a long time because I believe that bitcoin will become very valuable in the future and will probably exceed gold and diamond. And if you want to profit in a fast way then you can trade as this is a good solution to earn money.
Well, some of your reasons might make sense.
Actually, I also no longer holding Bitcoin. I don't think I can handle the price fluctuation anymore. It seems the market is full of whales right now. The price can be manipulated anytime.
Actually, I also no longer holding Bitcoin. I don't think I can handle the price fluctuation anymore. It seems the market is full of whales right now. The price can be manipulated anytime.
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.
I do not think so. I usually trade bitcoin on that day because Bitcoin prices are so unstable, Sometimes bitcoin prices can go up to $ 1000 in just one or two days. If I hold bitcoin for a long time, I do not think I can make much profit, but only to reduce the risk when the price starts to fall.
Hold the capital in bitcoin needed, but not more than 40% of its portfolio. All means in it to keep it is not necessary. The part should always be in altcoins that yield good profits and grow rapidly
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