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Topic: Is Bitcoin the best Long-term Hold? - page 20. (Read 1920 times)

full member
Activity: 352
Merit: 100
February 27, 2018, 05:52:53 AM
Obviously , Bitcoin is the best long term hold. We know that, now the price of Bitcoin is so much poor. So, it's the best time to buy Bitcoin and hold it. Actually hold is the best way to earn huge amount of money. And Bitcoin is the best long term investment. If any one choose long term investment he or she must hold Bitcoin because Bitcoin is the best long term investment .
Bitcoin is one of the best coin, in fact it is the best coin amongst all the coins which are there in the world of bitcoin and it is preferably meant for long term investment of money and for holding purpose. You can make more money by holding of bitcoin than that of trading of bitcoin. The only thing which you need to have in your personality is a good patience level and having a quality of staying calm at tough times.
full member
Activity: 420
Merit: 101
February 27, 2018, 04:20:39 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?

Today bitcoins is great in a long term investment because the price always falls and it hard for the bitcoins to rise above. $10k in the market so for now you cannot sell bitcoins in short period of time because ypu will just gain a small amount and you can missed the chance that the bitcoins will hit $40k before that year ends that is the thing that is why bitcoins is being a long term people are waiting that thing to happen.
full member
Activity: 1140
Merit: 103
Buzz App - Spin wheel, farm rewards
February 27, 2018, 04:20:27 AM
Yes,  because bitcoin holds the stabilities of the cryptocurrency and it tends to high in next few months or years. It would take a long time to be the best investments in bitcoins, because I know that this is just the beginning of the 21st century. Many investors and traders are know a risk holders just to get in luck for bitcoins.
full member
Activity: 308
Merit: 100
BIG AIRDROP: t.me/otppaychat
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.
member
Activity: 294
Merit: 36
February 27, 2018, 03:37:57 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?

Yes, it is. 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. However, it is worth it because the price increase after it being stagnant is usually staggering, just like what happened last year when it almost tripled its value. That's why many investors and traders try to take hold of increment amounts of Bitcoin so that by that time it surges again, they can revived it from their portfolio for profit.
sr. member
Activity: 706
Merit: 250
February 27, 2018, 03:05:15 AM
#99
Probably it is the bitcoin for long term hold because many people here in crypto are experience in long term hold like a year ago and now they successfully get their profit from bitcoin and now they are enjoying their life with their family.
full member
Activity: 448
Merit: 100
February 26, 2018, 12:57:36 PM
#98
Repeatedly wrote that bitcoin is the prophet of all crypto and hardly anyone can surpass his price. I do not argue, there are good altcoyins, but bitcoin will always be ahead.
member
Activity: 196
Merit: 14
February 26, 2018, 12:11:03 PM
#97
But Bitcoin may be a great bet long-term if Bitcoin replaces gold. Gold has a market cap of roughly $7.7 trillion. As the saying goes, be fearful when others are greedy. And vice versa. The total market cap of all cryptocurrencies was $7.13 billion on January 1, 2016. Now it’s about $300 billion
member
Activity: 546
Merit: 32
February 26, 2018, 11:32:10 AM
#96
Until now crypto currencies are the long term hold because it is the most expensive crypto still if you are holding bitcoin since it was invented then you will be very rich.But the conditions may change in the future for now bitcoin is the best.
newbie
Activity: 27
Merit: 0
February 26, 2018, 11:11:23 AM
#95
Bitcoin has already proved to everyone that it is the best tool for long-term investment. Over the past 2 years its value has grown more than 40 times.
And I'm sure bitcoin will grow further.
newbie
Activity: 351
Merit: 0
February 25, 2018, 08:18:41 PM
#94
Kinda bitcoin is definitely a good long term to hold because of its value are getting high, way back nine years ago bitcoin is just nothing but as you can see now in the market bitcoin is now the domninant cryptocurrency. But the other altcoins are getting high its value in the long run because most of them are depending on bitcoin’s value.
member
Activity: 238
Merit: 11
February 25, 2018, 08:15:16 PM
#93
ETH in my opinion.
now 1 btc = 11 eth
next year 1 eth = 11 bitcoin

This blind calculation and not worth at all. So what is this reference to use for calculation?
Etherium is good choice for long term and also bitcoin. Both of them are very useful for investment. But now, i will choose etherium because the price is lower than bitcoin so it can ave more chance to double.
full member
Activity: 644
Merit: 113
February 25, 2018, 05:17:09 PM
#92
All coins may bring profit in the long run, and we cannot limit what bitcoin future might bring. Im still buying bitcoin and primarily using it for transaction but I use newly introduced alt for my long term investment coins. Altcoins that has low price and low total supply ate the ones I keep on targeting.. This such coins are potential for increase. Basicallu thia is based on the law of supply and demand. I migjt not see it growing yet, but surely in the coming years it will grow bigger.
sr. member
Activity: 840
Merit: 266
February 25, 2018, 01:26:38 PM
#91
It is funny I had the versa idea of yours and I started to change it to be the other way around . I always was measuring my profit with $$ while most people I know was measuring it with BTC . Until quite some time I found out that I am the one in wrong place . Focusing in occurring more BTC will be much more +profitable in long run , for so many reasons .

- historical BTC always bounce back and break ATH
- Doing this will strengthen the whole crypto market , we all see how BTC dip effect the whole market .
- So holding your BTC and try to increase it will give BTC more value that it have already  which will return in positive for the whole market .
- When I trade with my goal to increase BTC I found out I make more money . 1- from the original trade 2- from when BTC raise which always happen ( it might delay , but always happen  ) .

So by this way we kinda support the world we believe in while we are making money by sticking to BTC side .
legendary
Activity: 1232
Merit: 1091
February 25, 2018, 01:06:03 PM
#90
If we will based on the stories of the people who'd been rich by just holding it then we can definitely say that bitcoin is worth holding for, even 50 cents who happened to forgot his btc gains alot now as well other young holders of it before.

Times have changed. 95% of the people who invest right now will no longer be able become rich from their insignificant initial investments. For that reason it's good to focus on more realistic targets to increase your wealth, instead of focusing on how people became a millionaire with just $100 or $1000 invested. It's great of course for the people who managed to get in early enough, but these stories don't reflect the current situation anymore. My main focus has never been getting rich with Bitcoin, because I know there isn't an easy way to do so. My main goal was to avoid seeing my fiat wealth lose purchasing power every year, and to disconnect myself from this system. I did well in all aspects if I may say so.
newbie
Activity: 71
Merit: 0
February 25, 2018, 12:54:55 PM
#89
Of course, bitcoin is the most appropriate crypto to held for longterm. Although there are some altcoins that can be held for short term as a step of investment diversification.
member
Activity: 266
Merit: 10
February 25, 2018, 12:32:52 PM
#88
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 the present time it is very suitable for us to buy bitcoin and keep it for a long time. It can be seen that bitcoin prices are extremely low and may drop further in the coming days. So you have to constantly monitor the market to be able to buy bitcoin at reasonable prices. I believe the bitcoin price will reach $ 40000 in 2018.
hero member
Activity: 626
Merit: 500
February 25, 2018, 11:24:47 AM
#87
I think Bitcoin is still the best to hold for a long term because bitcoin is the most popular coin all over the world and most use coin than any altcoins. Bitcoin has been the leader of all crypto currencies since its creation even there are many altcoins that was introduced in the market. Bitcoin has already proved that it can survive for many years and can continue to increase in the future.
If we will based on the stories of the people who'd been rich by just holding it then we can definitely say that bitcoin is worth holding for, even 50 cents who happened to forgot his btc gains alot now as well other young holders of it before.
hero member
Activity: 1582
Merit: 523
February 25, 2018, 11:19:54 AM
#86
I think Bitcoin is still the best to hold for a long term because bitcoin is the most popular coin all over the world and most use coin than any altcoins. Bitcoin has been the leader of all crypto currencies since its creation even there are many altcoins that was introduced in the market. Bitcoin has already proved that it can survive for many years and can continue to increase in the future.
Yes until now bitcoin is most used, most invest from users because of the good it has to the users. I save bitcoin for the long term for the profit that we can get from patiently holding in our wallet. Price up and down but it can bounce to rise any moment.
legendary
Activity: 1176
Merit: 1024
February 25, 2018, 10:57:54 AM
#85
I think Bitcoin is the one of the only coins we should long term and that is because it is proven and closest to becoming usable in actual society. Sure Litecoin might be kind of close, but because everybody knows about Bitcoin it is right around the corner for implementation. I just saw a video that showed LN is active in California at a coffee shop, the revolution has begun people hang on to your Bitcoins it will probably be in your best interest.
If no one is seeing that right now, I am sure only time will end up showing them the wrong notion they have had all these while when they have probably missed in on the show. No one is telling anyone not to hold whatever they want to hold, but if by now, it is not obviously to them, that altcoins are just distractions and bitcoin gives a better chance here for longer opportunity on a larger scale, I wonder what else they would really want to believe again.

May be you have been off the news lately or you have not actually make any transaction lately, but you may need to start checking the whole transaction issue out yourself and see how that has been playing out for bitcoin lately. Pretty fast, low fees and if you decide to adopt segwit wallet and make use of segwit addresses, it even gets better, but of course, a lot of you complain, talk about some altcoins that does not even stand a chance and end up seeing the wrong picture.
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