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Topic: Is Bitcoin the best Long-term Hold? - page 13. (Read 1926 times)

member
Activity: 154
Merit: 10
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
member
Activity: 266
Merit: 12
May 05, 2018, 02:46:31 PM
I don't think it is.
That was past and you need to change the way you look this crypto world.
Follow the new projects and invest to them.
Bitcoin can multiply itself in a year to x2 x3 but new coin can do much better.
member
Activity: 294
Merit: 10
World’s First Decentralized ICO Platform
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.
sr. member
Activity: 966
Merit: 274
May 05, 2018, 01:31:03 PM
Bitcoin has a better future compare to other cryptocurrency in the market. So we could have a good time on having a holding with bitcoin prior to those alternative coin out there in the market. This is the best option for us to earn, support and be a part of the community who are willing to used bitcoin for it to develop its system and price on the market. But we should also think about how we would deal with transaction apart of our trading.
member
Activity: 378
Merit: 10
May 05, 2018, 12:31:00 PM
Bitcoin is always best and long term investment because we know how potential bitcoin is. Crypto market always need patience to increase their prices, those who will wait for long term they will be benefiting from the bitcoin.
jr. member
Activity: 420
Merit: 1
May 05, 2018, 12:18:19 PM
Bitcoin should be in the portfolio of each investor..This coin sets the pace for everyone else. A strong community, developers...from alcoves EOS, RDN, TON. These altcoins need to make a strong competition to ETH.
legendary
Activity: 3346
Merit: 1191
May 05, 2018, 12:11:02 PM
I think most of the people and investors here in crypto currency are they know that bitcoin is good for the long term investment and not for the short term investment, long term investment of bitcoin just like 1 to 2 years i think you will  be a millioner at that moment.
You know that bitcoin is the most popular cryptocurrency and crypto is still incessant in promoting on the internet. of course the most gain effect is on bitcoin. from that we know that bitcoin will have many newcomers and will keep coming and that will keep prices going up in the future. for long-term investment of course bitcoin is very appropriate to choose

Most people on the forum see more then bitcoin. Just newcomers see bitcoin and nothing else, people who are here for years see litecoins, they see ethereum, even dogecoins made a lot of profit to some people who how ot and sell on top, and do you know how many other coins great for long term holding? A lot I will tell you if you don't know, a lot, and in December when prices were on top many coins were on all times high. Will we see that top again? I'm sure we will, that is coming again very soon, who ever is buying in the dip will harvest profits on many fields, whole market is growing, bitcoin more then others but don't forget other alts, this is entire system and if you support crypto you should support other alts as well, there is a lot of free space for all of them to advance in this world.
hero member
Activity: 742
Merit: 500
May 05, 2018, 12:01:08 PM
yes of course bitcoin is great for long-term savings because I think bitcoin has a very limited total supply that makes bitcoin prices from year to year incurs a very significant increase and provide benefits for those who have bitcoin when buying cheap prices.

Although i do think bitcoin will never go away and is a decent long term investment (crypto wise) i have to disagree with you on the fact that its not the best crypto investment long term.  In my opinion, Ether is the best long term investment due to the fundamentals behind it.  Its the only crypto that provides real value by allowing you spend the token in order to run any arbitrary program.
hero member
Activity: 1190
Merit: 500
May 05, 2018, 11:59:16 AM
I think most of the people and investors here in crypto currency are they know that bitcoin is good for the long term investment and not for the short term investment, long term investment of bitcoin just like 1 to 2 years i think you will  be a millioner at that moment.
You know that bitcoin is the most popular cryptocurrency and crypto is still incessant in promoting on the internet. of course the most gain effect is on bitcoin. from that we know that bitcoin will have many newcomers and will keep coming and that will keep prices going up in the future. for long-term investment of course bitcoin is very appropriate to choose
full member
Activity: 309
Merit: 100
May 05, 2018, 11:57:04 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 coins that are good for long term investments. You are correct that bitcoin is one of the best cryptocurrencies that are good to hold in a long time. As time passing by, the value of the bitcoin is continuing to increase due to its limited supply in the cryptocurrency market.

For long term, bitcoin and ethereum are the best investments. Other ones are not that solid and you can't make sure if their support is that strong. Bitcoin and ethereum provides the best alternative to cash and tradinional currency.

So, you can have them in long term in your portfolio. This wouldn't be a bad choice at all. Venture capitals started to accumulate bitcoin and ethereum as a preparation to the future.
sr. member
Activity: 952
Merit: 250
May 05, 2018, 11:43:15 AM
BTC is already at 9k. But no matter how high it reach, it will remain as the world's best coin to hold. Actually including altcoins listed from the top 1 to 20 in the coinmarketcap are good to hold too. I do hold ETH, LTC, DASH, XLM, IOTA, and ADA.

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?
sr. member
Activity: 396
Merit: 250
May 05, 2018, 11:37:07 AM
as you know, investing in btc  and hold it  in the long-term which is also the safe way to trade. but you should know that during investing time you only make one transaction, it's mean that you only make the profit once times. on the contrary, when the price rises  and fall, you take advantage to sell and buy. making many transactions  as that will help you increase your profit. therefore, almost people like invest in the short-term more than.
full member
Activity: 476
Merit: 100
May 05, 2018, 11:05:25 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 coins that are good for long term investments. You are correct that bitcoin is one of the best cryptocurrencies that are good to hold in a long time. As time passing by, the value of the bitcoin is continuing to increase due to its limited supply in the cryptocurrency market.
member
Activity: 238
Merit: 10
May 05, 2018, 11:01:33 AM
I think Bitcoin would be one of the best coins to hold for long term but there are also other altcoins which are good to hold as well if you want to diversify your horizons on trading.
member
Activity: 279
Merit: 12
May 05, 2018, 10:59:15 AM
yes of course bitcoin is great for long-term savings because I think bitcoin has a very limited total supply that makes bitcoin prices from year to year incurs a very significant increase and provide benefits for those who have bitcoin when buying cheap prices.
sr. member
Activity: 616
Merit: 252
May 05, 2018, 06:33:42 AM
For me yes, it would be the best long term investment because it is the coin that has shown tremendous growth and it has the first mover advantage. It is the first cryptocurrency and the king of all cryptocurrencies at the moment. There are many speculations as to how much would its value be in the next few years and majority of those who believe in cryptocurrency has a positive view that it would be worth much more and surpass its all time high. Some use it for its real use which is a real currency compared to other coins that are just pure speculation.
full member
Activity: 602
Merit: 102
May 05, 2018, 06:24:42 AM
I believe bitcoin, as the first known cryptocurrency will always be the leading coin and as far as it would remain that, holding the coin for a long term would always be the best of options, except when an alt takes over its place.
member
Activity: 294
Merit: 11
May 05, 2018, 06:02:10 AM
I think it's better to invest in bitcoins for a long-term perspective. He, like all top coins, has a good growth potential. Of course, you need to follow the news in the media and the behavior of the market. I think that BTC will bring more profit with hold for more than a few months.
newbie
Activity: 252
Merit: 0
May 05, 2018, 05:35:22 AM
bitcoin is a convenient way for long-term investments, because for us bitcoin is also very popular around the world, so we believe that bitcoin can actually benefit bigger in the long run.
member
Activity: 280
Merit: 10
The Protocol for the Audience Economy
May 05, 2018, 04:55:04 AM
In my opinion, the price of BTC will increase in the future, but keep them long at risk in the scammers, we just loopholes can lose the account. So if you are able to accept a profit, you should sell it. That would be better, do not be too greedy to wait for the price too high.
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