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Topic: Is Bitcoin the best Long-term Hold? (Read 1926 times)

member
Activity: 75
Merit: 100
May 28, 2018, 01:46:02 AM
in few months ago, I will agree with your idea. But now, the situation has changed too much. The number of investors who believe in BTC has fallen down. So, it is not easy for you to hold BTC in long term. You maybe are willing to wait more than you think
hero member
Activity: 2576
Merit: 586
May 28, 2018, 01:25:47 AM
I have been in the market for awhile, and always hear the same mantra about trading to hold more Bitcoin and not Fiat.  I bought into the same mentality for a long time, but I'm changing my tune.  In almost every industry, first generation leaders are replaced by competition.  From Sears, Kmart, Nokia, Motorola, Yahoo, MySpace, etc.  Although Bitcoin is the current crypto reserve currency, I think that its dominance is threatened by ALT coins with faster, cheaper transactions and greater scalability.  What do you think?  Is it smart to hold Bitcoin as a long-term investment, or are there better choices among the ALT coins like Ethereum or Litecoin?

There are a lot of other coins out there that are also great in long term investment like ethereum for example because they are showing pretty good in the increase decrease thing plus the fact that they are low in price compared to bitcoins so your money can rise much more than bitcoins if they will rise as far as bitcoins can go. Because the bitcoins is just giving you the assurance, they are the most successful coin which means they are trusted and expexted to rise as time goes by.
Bitcoin is the best long term investment if handle correctly and make decisions in order to get profit  but this investment will take your time to reach at the high market and you caste the opportunity to sell the coins and get profit. As well it can be a short term investment if you invest in a low market and after investment the market jumps suddenly and high market come.
full member
Activity: 476
Merit: 100
May 28, 2018, 01:15:03 AM
yes bitcoin is a promising long-term investment tool, because the bitcoin price is infinite. you can get a big profit if investing in bitcoin.
Bitcoin is the best currency and it will be high more and more, bitcoin is really a promising currency that profit in bitcoin really certain, there is no limit about profit if we talk about bitcoin; it is really profit worthy currency. Now a day nothing is more beneficial than bitcoin so hold it for long term and don’t sell it since it become higher and higher, holding will give you a lot of benefit.
full member
Activity: 420
Merit: 100
May 27, 2018, 02:12:56 PM
Bitcoin is the most valuable digital currency in this word and it is having great demand because of latest blockchain technology and limited quantity and the price, I think bitcoin is the best option for long-term holding and it makes you able to get more profit in future because its price will increase and long-term holders can earn great profit from it,
sr. member
Activity: 532
Merit: 250
May 27, 2018, 12:08:12 PM
if I think that's true, because bitcoin is an asset for investment in the long run and there are so many people who consider bitcoin as a place of excellent investment in the long term
full member
Activity: 420
Merit: 100
May 27, 2018, 11:59:21 AM
I think yes, bitcoin the best for long term hold, I used to think the ETH was the best but I recognized that bitcoin was more stable, and in short and medium terms some alts are able to be more profitable but for long term bitcoin the best in my opinion.
hero member
Activity: 1274
Merit: 500
May 27, 2018, 11:43:55 AM
I have been in the market for awhile, and always hear the same mantra about trading to hold more Bitcoin and not Fiat.  I bought into the same mentality for a long time, but I'm changing my tune.  In almost every industry, first generation leaders are replaced by competition.  From Sears, Kmart, Nokia, Motorola, Yahoo, MySpace, etc.  Although Bitcoin is the current crypto reserve currency, I think that its dominance is threatened by ALT coins with faster, cheaper transactions and greater scalability.  What do you think?  Is it smart to hold Bitcoin as a long-term investment, or are there better choices among the ALT coins like Ethereum or Litecoin?
I think the long-term hold is not good. Because the future of the Crypto market is now obscure. we did not know it would disappear into the day as the market kept going down forever.
I think you should invest in ICO projects. At present there are many good projects that are active and you can make a lot of profit from it.
full member
Activity: 602
Merit: 111
May 27, 2018, 11:18:54 AM
It is better for both short and long term trading because it has growth rate in long term price movement and huge price volatility in short term so we can make money by doing day trading or long term trading.
member
Activity: 236
Merit: 10
Borderless for People, Frictionless for Banks
May 27, 2018, 10:53:23 AM
Probably yes bitcoin is realy realy good for long term trading specialy if you are holding a small amount of bitcoin unlike some people that holding a very huge amount of bitcoin that they can earn a good profit in one swing.
sr. member
Activity: 994
Merit: 252
May 27, 2018, 10:43:38 AM
I chose Bitcoin for long-term investments, with a limited supply of 21 million and a large number of users making Bitcoin prices more expensive.
well, bitcoin is very good at make long term investment tool. although good in making long-term investments, many people who make short-term investments by utilizing the price is not stable. In essence, bitcoin is good as an investment tool.
Bitcoin is the best long term hold because this coin has all the popularity and has the number one value in the market so it is quite clear that investment is a valuable product or in case of crypto market Bitcoin will give you the most possible profit or huge profit if you apply the golden principles of the market. Generally long term investment in any type of valuable product results in huge profit.
  I guess yeah Bitcoin is the best coin for long term holding. If you look at the Bitcoin billionaires, they are the only people who held onto their coins even when the market was red. Holding the coins even when the market is not good do not harm you and you face no loss because the market always return to equilibrium position due to inbuilt mechanisms.
full member
Activity: 434
Merit: 100
May 27, 2018, 01:27:53 AM
I have been in the market for awhile, and always hear the same mantra about trading to hold more Bitcoin and not Fiat.  I bought into the same mentality for a long time, but I'm changing my tune.  In almost every industry, first generation leaders are replaced by competition.  From Sears, Kmart, Nokia, Motorola, Yahoo, MySpace, etc.  Although Bitcoin is the current crypto reserve currency, I think that its dominance is threatened by ALT coins with faster, cheaper transactions and greater scalability.  What do you think?  Is it smart to hold Bitcoin as a long-term investment, or are there better choices among the ALT coins like Ethereum or Litecoin?


I know that scenario could happen but for now, bitcoin is still the number one choice. We've seen bitcoin cash trying so hard to dethrone btc but it failed miserably. And even if an altcoin succeed to replace btc then it's just very easy for us to trade our bitcoin in any exchanges.
sr. member
Activity: 574
Merit: 256
May 27, 2018, 01:02:16 AM
I chose Bitcoin for long-term investments, with a limited supply of 21 million and a large number of users making Bitcoin prices more expensive.
well, bitcoin is very good at make long term investment tool. although good in making long-term investments, many people who make short-term investments by utilizing the price is not stable. In essence, bitcoin is good as an investment tool.
Bitcoin is the best long term hold because this coin has all the popularity and has the number one value in the market so it is quite clear that investment is a valuable product or in case of crypto market Bitcoin will give you the most possible profit or huge profit if you apply the golden principles of the market. Generally long term investment in any type of valuable product results in huge profit.
sr. member
Activity: 882
Merit: 269
May 27, 2018, 12:28:09 AM
what point to hodl bitcoin ? i think its a bad idea . becose of becose very hard to make alot of profit now , we need alot of stupid money come to market to see new highs , untill that we will have flating 10k i think and above , i dont use btc at all , i like eth better becose its faster and cheaper

hmmmm... since its for long term, maybe it is good say 5 years from now. As market matures and more people using bitcoin, there is a big chance for bitcoin to gain more. Remember that it is only 21M btc coins supply and circulation is way lower than that.
newbie
Activity: 196
Merit: 0
May 27, 2018, 12:18:20 AM
yes bitcoin is a promising long-term investment tool, because the bitcoin price is infinite. you can get a big profit if investing in bitcoin.
member
Activity: 294
Merit: 10
May 26, 2018, 11:04:33 PM
I have been in the market for awhile, and always hear the same mantra about trading to hold more Bitcoin and not Fiat.  I bought into the same mentality for a long time, but I'm changing my tune.  In almost every industry, first generation leaders are replaced by competition.  From Sears, Kmart, Nokia, Motorola, Yahoo, MySpace, etc.  Although Bitcoin is the current crypto reserve currency, I think that its dominance is threatened by ALT coins with faster, cheaper transactions and greater scalability.  What do you think?  Is it smart to hold Bitcoin as a long-term investment, or are there better choices among the ALT coins like Ethereum or Litecoin?
With a market that is constantly volatile and difficult to predict today, I think you should trade short term by day. Bitcoin prices are dropping sharply and my bitcoin prices will continue to fall further in coming days and may reach $ 7000. So if you intend to invest long term, then wait until that time to buy bitcoin.
full member
Activity: 392
Merit: 103
www.daxico.com
May 26, 2018, 10:28:11 PM
I have been in the market for awhile, and always hear the same mantra about trading to hold more Bitcoin and not Fiat.  I bought into the same mentality for a long time, but I'm changing my tune.  In almost every industry, first generation leaders are replaced by competition.  From Sears, Kmart, Nokia, Motorola, Yahoo, MySpace, etc.  Although Bitcoin is the current crypto reserve currency, I think that its dominance is threatened by ALT coins with faster, cheaper transactions and greater scalability.  What do you think?  Is it smart to hold Bitcoin as a long-term investment, or are there better choices among the ALT coins like Ethereum or Litecoin?
For long term investment i do agree bitcoin should be the low risk coins compaed to any other alt coins  but for the profit return in long term invesrnt i guess alt coins is a good pick such as eth, lite and neo.
member
Activity: 252
Merit: 10
May 26, 2018, 06:40:47 PM
I have been in the market for awhile, and always hear the same mantra about trading to hold more Bitcoin and not Fiat.  I bought into the same mentality for a long time, but I'm changing my tune.  In almost every industry, first generation leaders are replaced by competition.  From Sears, Kmart, Nokia, Motorola, Yahoo, MySpace, etc.  Although Bitcoin is the current crypto reserve currency, I think that its dominance is threatened by ALT coins with faster, cheaper transactions and greater scalability.  What do you think?  Is it smart to hold Bitcoin as a long-term investment, or are there better choices among the ALT coins like Ethereum or Litecoin?
You can see that the market is turning unpredictable, bitcoin prices have been going flat during the past few days and there is no upward trend or speculation, so to trade and long-term investment you Consider carefully and plan in detail to handle any situation that may occur. Bitcoin prices in my analysis are showing signs of strong convergence.
member
Activity: 294
Merit: 10
May 26, 2018, 06:37:20 PM
I have been in the market for awhile, and always hear the same mantra about trading to hold more Bitcoin and not Fiat.  I bought into the same mentality for a long time, but I'm changing my tune.  In almost every industry, first generation leaders are replaced by competition.  From Sears, Kmart, Nokia, Motorola, Yahoo, MySpace, etc.  Although Bitcoin is the current crypto reserve currency, I think that its dominance is threatened by ALT coins with faster, cheaper transactions and greater scalability.  What do you think?  Is it smart to hold Bitcoin as a long-term investment, or are there better choices among the ALT coins like Ethereum or Litecoin?
I think that at this point it is not possible to determine whether or not to buy the bitcoin, you can see that bitcoin prices in recent days have been flat and there are no specific signs, so To be able to trade successfully at this moment is very difficult. Long term, bitcoin is in a bear market because the risk is very high and you will be able to lose if the market falls into crisis.
newbie
Activity: 112
Merit: 0
May 26, 2018, 05:20:56 PM
for a long term investment,it should be bitcoin,why-because it has proven it"s standard and value over the years.
bitcoin is the coin that you can say that the future is still bright and the currency will still rise.
buying and holding bitcoin should be the best.
full member
Activity: 350
Merit: 111
May 26, 2018, 03:12:28 PM
what point to hodl bitcoin ? i think its a bad idea . becose of becose very hard to make alot of profit now , we need alot of stupid money come to market to see new highs , untill that we will have flating 10k i think and above , i dont use btc at all , i like eth better becose its faster and cheaper
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