Topic: Hold coin (Read 820 times)

Bitcoin price is currently in a downtrend which is why it is better to hold Bitcoin with money now. Because the price of Bitcoin will definitely increase because there is a Bitcoin Halving in 2024. Bitcoin halved in 2020, but in 2021, the price of Bitcoin rose overnight and reached its highest peak. So after halving in 2024, the price of Bitcoin can rise to 100k plus in 2025. Bitcoin price will continue to improve in the future while blocks are decreasing and Bitcoin price will increase overnight. As the price of Bitcoin is very low at present, it is better to invest in Bitcoin as soon as possible. And holding for a long period of time will definitely increase the portfolio.

Thats why it do remain still as #2 in overall market on which it is really that true when it comes to fees which it is really just that too much and its true that it is really that a long time running kind of problem on ETH
network specially if its clogged which is way more than on the time that Bitcoin networks clogged too which it is really just that too far gapped. When it comes to percentage holding or allocation in between then it would really be always that ideal that you should set more than 50% would really be Bitcoin and the other 50% would really be allocated with some top altcoins including ETH but if you would really be liking to search up for some gems then it wont really be that also a bad idea.

This upcoming bullrun is totally unpredictable, we might be seeing some coins which might really be that able to shoot up and overtaken those top ranking coins that we do have.We know that in each cycle
there would really be that difference in terms of ranking and this is why it would really be just better that we would really be that wise on which coins or projects that we would really be
holding for long term and this is something that wont really be that easy or simply that hard. It is really just that there are moments which we do look for those meme coins and
some new alts that exist on the market and hoping on getting that thousand multipliers return.

The potential for the revival of altcoins is actually very uncertain even though the market conditions are bullish, because from several bullish market moments it has also been seen that the altcoins that can show high enthusiasm are the altcoins that have the best ranking as cryptocurrencies because these altcoins are more liked by the most people after them.

know Bitcoin or when you already have Bitcoin. Ethereum usually very often gets the effect of increasing prices when the market is bullish and this also very often happens simultaneously with increasing Bitcoin prices, so it could be said that Ethereum very easily gets the effect of increasing prices when market conditions are bullish. Likewise with Bitcoin, I no longer see too many altcoins, because two great cryptocurrencies like Bitcoin and Ethereum are enough.

You know, honestly speaking, if I only have money at this time, at least 1 worth of Bitcoin in my money here in our country, I will allocate half of it to buying Bitcoin, then the balance, the remaining half, I will allocate to the other top cryptocurrencies. Maybe if I have money to take it, it's only worth 3000 dollars.

It's just that I don't have that kind of value. That's why I'm somehow investing in other alternative cryptos in the hope that somehow I can see the potential to have the ability to kick in value along with Bitcoin when the bull run actually comes. Though many people really believe that Bitcoin will be 100k in the bull run,

Yes, Ethereum 2.0 is very different right now, it's so centralized that whales can control it, and it didn't even solved the issues of fees which is the complained of many users.
As compare to Bitcoin which is the prime mover, and despite some issues and challenge that it has face and still facing, it remain as the top crypto and just a couple of months, we will see the block halving, making it more scarce and the demand is going to be high.
So with that, there's no question in our mind that it is better to hold BTC. Nothing is wrong with other altcoins, you can buy them.
But at least 60% of your portfolio should include Bitcoin.

Bitcoin is the one and only cryptocurrency that has the best security and is totally decentralized with no central authorities behind, no team, no projects, and is operating totally independently without anyone having to make any changes to it or do anything, and you are comparing Bitcoin with Ethereum which is an alternative coin which isn't totally decentralized since there is a team, a creator, and developers that can always make any change they want in it.

So, I don't really see Ethereum going near Bitcoin or being able to cross its price, Ethereum will need a lot more than it is right now to be able to do that. Also, maybe you don't know, Ethereum 2.0 or the merge was done in September last year, and it isn't to be launched in the future.

I will go into research to know the potential coins to invest that huge amount of money that will bring me more incomye that will eliminate poverty from my generation. I think, Bitcoin and Ethereum are in the best position to invest such amount of money, because they still maintain first and second position among other cryptocurrencies, and it will help someone to recover easily when the price increase higher because whenever the price of Bitcoin is increasing in the market other cryptocurrencies price will be increasing too. I believe, the price of Bitcoin will definitely reach $100,000 before the end of 2025 because there are some signs in the current price that show next year will be a rehearsal of what will happen next two years in the crypto market.

Well most people frawn at members here trying to actually share their investment and hold it in altcoin but the truth is  that some altcoin actually do pose good value especially during the bull. Like you said Ethereum is a good choice but there are also many other altcoin that can portray such high sense of pump during the bull market but the only issue now is knowing that particular altcoin which can portray this function as some of them do dump as quickly as they do rise.

Actually it's not a bad choice even though one of them is an altcoin, but as has been seen in previous halvings that altcoins like ETH can also experience a bigger increase after the halving for Bitcoin even though basically there won't be much impact on any altcoin through that. However, what has been seen in the real market is that when Bitcoin experiences an increase in price after the halving, most of the altcoins that are in a better position in terms of market capitalization will also experience an increase in price. So you won't be wrong if you want to choose both to hold as an investment for your future.

If you don't have too much knowledge or are afraid of choosing the wrong altcoin, why not try ETH? I believe that the reputation and success of ETH is not inferior to BTC, even if looking at the growth rate in 2021, the profits that ETH brings are even higher than bitcoin.

Regarding investing, if you are shy and afraid of taking risks, don't expect to receive high profits. If you want to have what others don't have, you have to do things others can't do. That's the rule of life. Just because others are afraid they can't do it doesn't mean we will be like them.

But in my opinion, BTC and ETH are more than enough for our investment, there is no need to spend too much time on other atlcoins.

Because ETH still has more risk than BTC but if you are willing to accept that then ETH is actually a wiser choice as the upside potential of ETH is definitely more significant than bitcoin.

In my opinion, ETH is the best coin to invest in because it is both safer than the rest of the altcoins and can provide higher returns than bitcoin. For those who care more about safety, bitcoin is their choice.

ETH also makes up a lot in my investment portfolio because I believe the profits it will bring me will be greater than bitcoin and I also feel quite secure holding ETH, unlike other altcoins.

if I have cold money or money to invest maybe I will buy BTC and both ETH because I am sure these 2 coins will set a record all time high during the halving based on my predictions maybe these 2 coins will be the ones I will buy when I hold money that should be invested for your information. I also set aside my monthly salary to buy or pay off these 2 coins every month.

First of all it would be preferable to invest in a cryptocurrency that you can trust. My preference would be for Btc and Eth. My portfolio is mainly Ethereum. Ethereum was the first asset after Bitcoin in 2015 and is still active and in second place today. With the Ethereum 2.0 update, which has been in development for a long time, i think that the ease of use will be improved and the value of Ethereum will approach Bitcoin. It is also important to note that Ethereum is backed by big companies.

I suggest to taking advantage of current lower market prices and continuing to accumulate Bitcoin by employing Dollar Cost Averaging (DCA) strategy. DCA is considered effective approach to maintain lower average cost of investment. Purchasing Bitcoin during the bear market phase lays the foundation for potentially gaining substantial profit during the bull cycle anticipated in 2024 considering it halving event of Bitcoin slated for mid 2024.

Altcoins are worthy too but it requires deep investigation that which altcoin can give your profit therefore people only choose bitcoin as everyone knows about it and everyone share knowledge about bitcoin more than altcoin as a consequence of which people are attracted more towards bitcoin than altcoins.

We cannot deny the success of altcoins but in market bitcoin success is increasing day by day and if there occurs bear season then people are afraid of bitcoin investment which is a suitable option so how they will trust on altcoin?

Bitcoin's price is not so high these days and altcoins price also decreases therefore preference of bitcoin will be more than any other altcoins as altcoin can goes down anytime.

Always set goals or selling point on which this is something that would really be more ideal on doing so or a must thing when you are involved on crypto trading or investment on which you do have

that kind of borderline on which you would really be able to sell out on the time that the market price hits up on that point. If you could be able to bare out the risks on going further just because you do believe that the market would really be going onwards then it would really be your choice. Holding might sound simple but not for everyone because seeing the market price movements on active manner specially on a dumping condition on which it would really be giving out that kind of emotion which tends to be impulsive which might be ending up on cutting losses or would be selling out
your position which neither it would be not that ideal on doing so.

This is why its really that relevant on setting out goals and targets so that you do really have the idea on when you would gonna release those bags but if you are talking about how many years or
even a decade before you do sell then it would be on someones personal choice on this case.

But that doesn't happen with every coin, so don't be too optimistic about the coins you hold today, except Bitcoin and ETH in my opinion, so you need to reconsider, even though today there are many coins that have very cheap prices, that doesn't necessarily mean there will be a bullrun during the bull run. increase, so before buying you need to pay attention first to which coins have strong fundamentals in overall project activity.

Many of my crypto community friends also experienced something like that, they buying during the bullrun season when prices started to rise, but the market turned red after he bought a few days, then they thought that there would be no more price increases after a price drop from the price they buy, the fatal mistake they make is giving up because they have too negative thoughts and sell at a loss.

We need to define what our goal is, if it's just profit then investing in any coin is right because all have a chance to make a profit. For those who like safety, bitcoin is their choice, and those who like risk to gain high profits will choose altcoins. There's nothing wrong with anyone as long as they know what they're doing and if they're willing to take the risk they have the right to invest in altcoins or even shitcoins.

We should focus well on our investments instead of criticizing others just because they don't think like us. Because if they invest in shitcoin and get better results than us then we are in no position to teach them anything.

I agree that it is going to be a lot more important to invest now and wait for the price to increase than keep on investing and then expecting something to change. I know that it is not going to be simple and it is going to be something that changes things on the long run. I fear that it is going to be a big deal when the price goes up and these people haven't invested already.

I have met a person who lost money even during the bull run, and turns out he bought when it went up, the moment it started to go down a bit, he thought he was too late and it started to crash and sold, and it went up again. So people should get in right now and not a lot of days after it starts to go up, thats not going to be helpful at all.

Even Bitcoin? Good coins are only struggling for now but time will come that they will make a comeback. Don't tell me you will only invest during that time? Well if you do, you will wait for another bull run because the price can surely drop moments later after you buy. There is a bad news about BUSD but it's not an exit scam and Binance already gave a warning and enough time for the people to convert their stable coin. As for the other news, they are only common and not very alarming in most of the cryptos.

I thought you don't find it appealing to hold any coin? It seems you changed your mind real quick eh? LoL, but what you said about wallet is right and must be followed by everyone.