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Topic: Is Bitcoin the best Long-term Hold? - page 14. (Read 1920 times)

full member
Activity: 406
Merit: 100
May 05, 2018, 04:46:51 AM
As of now Bitcoin and Ethereum are those coins that needed long term holding for you to maximize their potentials as part of the future currencies. I think they are the stable coins in the market and have the potentials to be part of the next generation market, so holding those coins can give you more chance of earning huge amount of money in the future if you take good care of them. So if you have the money in your pocket right now go and start buying them and make a risk of holding those because here in crypto world the more you risk the more chance you succedd.
sr. member
Activity: 812
Merit: 256
May 05, 2018, 04:44:26 AM
I think there are many other coins which could be good for long-term Hold ETH for example ,maybe some privacy coins Monero,Dash,Onion so BTC is not only coin i think.
sr. member
Activity: 686
Merit: 250
May 05, 2018, 04:35:28 AM
Bitcoin can be said to be the most profitable investment today. With the increasing popularity level then Bitcoin is believed to be a pioneer for digital currency so that one day digital currency can be reversed legally on a financial system in an institution / agency / place / country. If viewed in a track record then Bitcoin has shown a good graph to be used as an investment. Long-term investment is indeed an option and this is a good time to say that Bitcoin has brought tremendous changes to the financial system in the world for the better.
full member
Activity: 420
Merit: 102
May 05, 2018, 04:09:04 AM
Bitcoin still has bigger community than altcoins so in my opinion the price will keep growing in the long term. Many expert predicted the price of BTC can be going to $90K in next 2 years. But Bitcoin and others altcoin like ETH and LTC has the same future, will continue growing because more and more people will interesting and jump in to crypto and blockchain technology that will increase the demand.
member
Activity: 294
Merit: 10
May 04, 2018, 10:45:47 PM
Well a lot of long term investor already profit a lot from bitcoin, nothing is permanent someday an alt will gonna takeover bitcoin but for now you can see that investing in bitcoin is a smart move because it is a genuine coin up until now there is no coin that surpass bitcoin of course there will always be something better that comes up. For me bitcoin is the best and wise long term investment to have because it has proved to be very appreciative in the past 9 years. I believe other alts such as ethereum and litecoin can be a good investment
It's value and how its movements go are good indicators that its better for a long term or a contigency-type investment. Bitcoin has these trend of being dormant for months at a time, it could take to as long as six to nine months, thus, the return and realization of investments done with it as a medium would take long. I must say that bitcoin is only best for long term investment of money and that this holding of bitcoin for longer period of time will actually help you in having of some good amount of money after some time
member
Activity: 173
Merit: 11
May 04, 2018, 10:39:50 PM
No doubt that etherium and litecoin are options for us to use instead of place of bitcoin to keep the transaction more faster and cheap but In actual if you will go with the altcoins then I don't think you will be able to make yourself more stable with your investment to hold for long term. I think if you want to buy bitcoin and keep it for a long time then it is also a very safe idea. We can see that bitcoin prices are recovering extremely strongly over the past few days and can see stable growth again
member
Activity: 311
Merit: 10
May 04, 2018, 10:39:44 PM
Well a lot of long term investor already profit a lot from bitcoin, nothing is permanent someday an alt will gonna takeover bitcoin but for now you can see that investing in bitcoin is a smart move because it is a genuine coin up until now there is no coin that surpass bitcoin of course there will always be something better that comes up. For me bitcoin is the best and wise long term investment to have because it has proved to be very appreciative in the past 9 years. I believe other alts such as ethereum and litecoin can be a good investment
sr. member
Activity: 706
Merit: 250
May 04, 2018, 07:57:55 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.
full member
Activity: 434
Merit: 100
May 04, 2018, 07:48:04 PM
I've had multiple successful long term holds, but I think the most successful was (and still is, because I'm holding it for at least one more year
full member
Activity: 308
Merit: 100
May 04, 2018, 06:41:44 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 believe that at the moment you should invest in bitcoin in the short term, it can be seen that bitcoin prices in recent days are constantly fluctuating and difficult to guess, so to be able to commercial success you There must be sensitivity in the transaction. The market is showing signs of recovery but according to my analysis, this is a short-term recovery, considering long-term, bitcoin prices are still bearish so long-term investment will be very risky.
member
Activity: 167
Merit: 10
May 04, 2018, 04:29:44 PM
Of course. I think bitcoin will remain for a long time the most reliable option when choosing the best crypto asset to invest in the long term, because despite its apparent loss of dominance in marketcap, it is undeniable that all other altcoins are still strongly influenced by the performance of bitcoin, in addition, we have to admit that there is no team of developers more recognized, experienced and committed than the one of bitcoin, which guarantees that this crypto will continue for a long time adapting to the changes required to remain as a valid investment option.
hero member
Activity: 826
Merit: 529
March 05, 2018, 12:05:02 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?
Of course, Bitcoin should be kept for the long term period. I have a belief that Bitcoin will dominate in the future world and it will be the most influential currency like today's USD. In the future, Bitcoin will be the most common currency within five years and the price of Bitcoin will be almost 50k at the end of this year. So this could be a profitable way for making money within a short time period. That's why holding Bitcoin could be the most money making platform.
sr. member
Activity: 1175
Merit: 275
March 05, 2018, 11:57:32 AM
In whatever scenario and situation in the Crytocurrencies trading life history, Bitcoin remain the most preferred automated digital currency on line that has largest Hold longevity live span for prominency, especially if you are wishing to hold for a long term basis. But  where you can not hold for long, you may decide to trade in few Alts with potentials to have your profit sooner than later.
member
Activity: 280
Merit: 11
March 05, 2018, 11:50:42 AM
yes, bitcoin is truely a good coin to invest for long term, it value has risen so much  since the day it was born, and every year, it rises higher than before, that is why most investors want to own bitcoin more and more and believe holding it through years will bring them huge profit, so i will believe in bitcoin will keep rising more and more in the future.
member
Activity: 118
Merit: 10
March 05, 2018, 11:29:28 AM
I think so. Since Bitcoin is the first cryptocurrency, there is a basis of a long term investment. A lot of people in crypto world have already proven the stability of this coin. Even if it has a higher transaction fee than Altcoins, still, Bitcoin have been too far ahead from other exciting coins.

I dont see any point to hold btc becose its very expensive and willnot make so much profit like we need Smiley Better invest to perspective ico or altscoins which have more potential to make xx profit then bitcoin

I like your view, it makes a sense. But in my opinion, BTC is the most stable as for long-term storing, isn't it?
sr. member
Activity: 2422
Merit: 357
March 05, 2018, 10:41:47 AM
Actually, most of the investments are better in a long term because the longer the time, the lower the risk it will have. It is also applicable to stock markets where value of the stocks gets high over time. If you would notice , the price of the bitcoin varries from time to time. If you would buy and sell everyday, you just wasting your money and effort jnto nothing. Same logic when it is long term.
full member
Activity: 392
Merit: 100
March 05, 2018, 09:23:30 AM
I think so. Since Bitcoin is the first cryptocurrency, there is a basis of a long term investment. A lot of people in crypto world have already proven the stability of this coin. Even if it has a higher transaction fee than Altcoins, still, Bitcoin have been too far ahead from other exciting coins.

I dont see any point to hold btc becose its very expensive and willnot make so much profit like we need Smiley Better invest to perspective ico or altscoins which have more potential to make xx profit then bitcoin
sr. member
Activity: 1344
Merit: 264
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March 05, 2018, 09:09:53 AM
yes there is no doubt bitcoin is the best long term hold because everybody who connected with btc they all knows well about btc what btc had given and giving also to the people if btc price falls down then for sure there is something moving in the countries thats why btc price falls but the thing is that when its falls just for the time little and then again its get the good level in that case also people taking advantage from btc where they are getting to opportunity to buy again some coins.
member
Activity: 350
Merit: 10
March 05, 2018, 09:08:54 AM
I think so. Since Bitcoin is the first cryptocurrency, there is a basis of a long term investment. A lot of people in crypto world have already proven the stability of this coin. Even if it has a higher transaction fee than Altcoins, still, Bitcoin have been too far ahead from other exciting coins.
sr. member
Activity: 1638
Merit: 278
March 05, 2018, 08:27:30 AM
I think bitcoin is one of the COINS we should hold for a long time.

Since the price of bitcoin has been growing since its birth, I think it is profitable to hold bitcoins for a long time.
I must say that amongst all the coins which are there in the world of digital currency, if there is some coin which is preferable for long term investment of money, then that is none other than that of bitcoin. Bitcoin is indeed one of the best coin and that you should hold it if you are going to plan for holding it for longer period of time. However, you need to show lot of patience while doing so.
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