Is Bitcoin the best Long-term Hold? - page 12.

naily

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Quote from: darkywis on February 27, 2018, 04:09:36 AM

For me, it is. I keep my bitcoin volume increase through trading because I know in long tern it will give me massive profit.

In the future, Bitcoin will be the most common currency in five years and Bitcoin's price will be nearly 50k by the end of this year. So this can be a profitable way to make money in a short period of time. That's why holding Bitcoin can be the most money-making platform

Ahiaba

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Well, holding for a long time period is not a bad idea but when you compared to holding some other good alternative coins that has greater profit potential will do you more better because the percentage increase in their values may be far ahead of Bitcoin.

Kizaki

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It is the most ideal coin to be held for a long term. But, there are still a lot of altcoins out there that are worth holding for a long-term. Ethereum is also a good coin worth holding for a long term and everyone knows that. There are projects that are partnered with big companies that will cost a lot in the future.

kimochidesh

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Some factors that decide which cryptocurrencies is best to invest for long term are
The market capitalization of the cryptocurrency: The higher the better.
The Usefulness And Features Of The Cryptocurrency
The Popularity of the Cryptocurrency: most popular is preferable
The Activeness of the Development Community: the more active the more chance of development.
All these features are present in Bitcoin so yes, it is a good long term investment. Beside Bitcoin, you can consider Ethereum, Ripple and Monero also.

The Cryptovator

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Yes you can hold btc. There is no problem. But on my opinion btc will not grow too fast more then eth. I think eth will more faster from btc. Anyway even you hold btc you will not in loss. Both are profitable. No one can say about actual growth of any currency. So please do your own research before buy.

andohyeb

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Past history has show that bitcoins is good investment asset if one can hold for a years, than panic and sell during a short term price fluctuation . For holding it for a long term for two years ,you can make 5x your initial capital.

fitty

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Quote from: peter.from.penn on February 22, 2018, 11:51:52 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?

It was so good to hold bitcoins for long term as you can see from the news it was too huge for this coming years and so you can make a big profit from your holding. For altcoins, i can't say it now but you may trade altcoins to earn more bitcoins for holding or for your own use while holding some part of your bitcoins.

Gabrieelle

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Quote from: peter.from.penn on February 22, 2018, 11:51:52 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?

We can see that bitcoin prices are recovering extremely strongly, currently at $ 9500 level and still on a strong rebound and could hit $ 12,000 in trading day. Therefore, I believe this is the time to integrate so that we can invest in bitcoin. Currently the popularity of bitcoin is spreading all over the world so investing in bitcoin will be extremely usable.

Shanmatthew

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I suggest to hold bitcoin for long term.bitcoin is better than other coin to hold in the future.because bitcoin is a mother of crypto currencies.no one can stop btc for being top currency's in the market.they can give you big profit soon unlike other alts.

goku1525

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Quote from: LogitechMouse on May 06, 2018, 02:13:33 AM

Since bitcoin is the first ever digital currency ever created, most people trusted bitcoin already and I am one of them too so I think bitcoin is the best long term coin for me aside from other trusted altcoins there. Many believe that bitcoin will rise in the next years to come so the best thing to do is just buy and buy and hold if unless you are a professional trader then you can trade your bitcoin for a faster profit.

As prices decreases right now, it is better to hodl our currency with a long term investment because prices has a potential to regulates at higher rate due to the fluctuations in the market. We can earn good profit as well during the higher volume of coin.

LogitechMouse

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Since bitcoin is the first ever digital currency ever created, most people trusted bitcoin already and I am one of them too so I think bitcoin is the best long term coin for me aside from other trusted altcoins there. Many believe that bitcoin will rise in the next years to come so the best thing to do is just buy and buy and hold if unless you are a professional trader then you can trade your bitcoin for a faster profit.

MidKnight

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Bitcoin is the strongest of all coins in the virtual world so it's the best pick for everyone who wants to do a long term hold. Wealthy people like whales that invested in cryptocurrencies will back it up until we reached it's full potential.

letecia012

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Quote from: peter.from.penn on February 22, 2018, 11:51:52 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?

For less volatility and resiliency i hsve to pick bitcoin for longterm investment but if you sre looking for high return thouvh it is riskier thanks bitcoin, eth, neo or sda is a good choice current price is still cheap snd probability of esrning bigger is higher compsred to bitcoin

Ayiranorea

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Without any confusion bitcoin is the best investment compared to several other investments we have got. Maybe the risk factor is high, but the growth is much higher than common investments. When it comes to long-term holding, profiting is much higher and promising. Very few has the patience to keep hold to succeed.

coinluisa

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Quote from: peter.from.penn on February 22, 2018, 11:51:52 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?

For me bitcoin is the great choice for investment in long term. Even there's a lot of choices in the market like the altcoin s and Eth. Bitcoin is proven in how many years and lots of people hold their bitcoin in long-term,yeah bitcoin is not like cheap price but it's affordable and it's valuable.

Shinpako09

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Quote from: felixesteban on May 05, 2018, 01:52:20 PM

If you want to make a lot of money, bitcoin's not good for it. It is more possible to achieve this by investing in altcoins that have not yet entered the market. So if the ICO investment is made for a long time, I think it definitely brings money.

This makes me laught actually. How come that btc is not good for a long term while it was the best coin to hold. Also, you prefer to make an investment in the altcoin that haven't enter the market over btc. Could you really tell which ICO could make boom in the market and compete with other altcoin. That's very hard to do.

ruski

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Yes, I think Bitcoin is the best crypto currency for long term holding, because it have the highest price, value and potential among this digital currencies, and its price is also predicted to increase highly in the future.
But I keep holding some other altcoins as well, like Ethereum and Ripple.

ariaalex

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i think its yes..cause in our society day by day its being populer..Day by day its price rise..if you hold some bitcoin,in future its make huge amount.

billykannithi

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Quote from: systematicdeception on May 05, 2018, 02:52:32 PM

Yes, to my mind, you should hold Bitcoin and wait until the price is good. It is not very stable that's why you should wait until it is cheap to buy and then sell when it increases. In the long-run this currency will provide you with good profit

Yes holding Bitcoin is the best way to safe your money from the inflations and you could have chance to earn the extra income from it also. But the first thing you have to do is buying it with the cheapest price you can do .

Tenderino

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Bitcoin is surely not the best long term hold only because its price is relatively high and to get huge winning percentages needs to increase for huge dollar amounts. And as you already said, there are other and technically better altcoins available and the only reason why bitcoin is still the number one is because it is still the most known coin. But as an investment I recommend to search for promising but low priced coins and then you have the chance to reach huge winning rates like it happened with bitcoin.

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