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Topic: Is Bitcoin the best Long-term Hold? - page 7. (Read 1926 times)

newbie
Activity: 56
Merit: 0
May 17, 2018, 07:43:34 AM
Define "best" It's definitely the safest investment, but there are currencies which will give you a better ROI. Either way, your portfolio should have at least 50% btc in it. Also, try to reduce btc exposure during alt seasons and increase it during btc bull run.
member
Activity: 322
Merit: 10
May 17, 2018, 07:34:48 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.


Right. Bitcoin is very promising when we are holding it for long term investment plan. The volatility behavior of it will brings us great chances to get more profit because this was already determined from previous years that high pumping in price was really happened and its popularity were keep increasing. We can really achieve great profit through bitcoin long term hold strategy because of its high value that may become in the long run.
hero member
Activity: 924
Merit: 500
May 17, 2018, 07:16:15 AM
yes you are right bitcoin is very suitable and very appropriate if you do long-term trading because I see bitcoin from year to year has a very high demand that makes bitcoin becomes very expensive every year.
newbie
Activity: 48
Merit: 0
May 17, 2018, 05:40:23 AM
ETH and XMR. ETH is the epitome of blockchain tech and if you look beyond the moons and lambos, it is that tech that will prevail in long term and revolutionise the world, so I can't see ETH going anywhere. XMR on the other hand is what BTC started out as and is the only crypto that is truly a privacy coin. Frankly I can see both of these doing at least 5 x next year.

If you want something a little riskier then honourable mentions to NEO (will be a big year with a number of ICOs on the horizon, and could be humongous if China comes back to the table), REQ (touted as the next PayPal, test product looks great, ahead of roadmap and big updates coming in 2018), LINK (connecting Blockchain to the commercial world, with the potential for some huge partnerships to be announced in 2018 e.g. SWIFT), OMG (IMO one of the cryptos with the biggest potential, but progress has been slow, although they have announced details of staking for Q1 of next year), and finally QSP (it isn't sexy but they're aiming to be the smart contract auditor of choice, and I have no doubt from what I've seen since the ICO a couple of months ago that they can do that in the next few years).

Good shout investing long term. As long as your picks are solid you'll do well.
member
Activity: 378
Merit: 10
May 17, 2018, 05:31:27 AM
Already we are seeing the growth of bitcoin from 2016, in 2016, people don't have much awareness about the bitcoin but Bitcoin manages to reach 1000$ and to $19k. I hope holding bitcoin is always a good strategy for long term invest.
newbie
Activity: 154
Merit: 0
May 17, 2018, 04:58:24 AM
Do we can count on gold to?? Alongside with gold, bitcoin is must have investment for now and these upcoming months. Which people in this world didnt know gold and what it worth? If i have enough money to invest, surely i would love to invest it on gold and bitcoin, and maybe ethereum also!
newbie
Activity: 124
Merit: 0
May 17, 2018, 04:50:43 AM
right . For those who invite to invest in this market, buying BTC and keeping is the best way. But to buy and trade everyday, I would not choose these two coins to trade.
newbie
Activity: 252
Merit: 0
May 17, 2018, 03:57:46 AM
it's true once bitcoin will persist for the next few years because of the bitcoin properties like that bitcoin much used as a long-term investment.
member
Activity: 392
Merit: 11
May 17, 2018, 02:46:32 AM
I agree. The price of bitcoin will increase in the future but it is unlikely that it will drop. Because bitcoin is a strong and potential penny in the cryptocurrency market. Therefore, bitcoin is the best way to keep your pennies in the long run. It makes it easy for investors to make a profit in the future. The growing market means that the price of bitcoin is increasing.
newbie
Activity: 14
Merit: 0
May 17, 2018, 01:59:56 AM
I wouldn’t say for sure that it is the best long term hold, but it is definitely a more stable investment in relative. The outlook for Bitcoin wasn’t that appealing when its scalability issues become apparent during the time when Bitcoin was all over the headline.
full member
Activity: 574
Merit: 100
May 16, 2018, 11:47:50 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 bitcoins that have very limited total supply and have very high demand and development makes bitcoin very suitable for long-term trading, because if bitcoin is used as short-term trading it will not give maximum benefit.
newbie
Activity: 26
Merit: 0
May 16, 2018, 10:55:21 PM
In my opinion, ETH is more better, BTC price is unstable, so it's so dangerous
sr. member
Activity: 826
Merit: 256
May 16, 2018, 10:34:36 PM
The top cryptocurrency has been proven to be one of the best when in come to long term hold. Numerous investors and traders the benefit of holding the bitcoin for months or years. But but it is better to hold bitcoin if you bought it at cheaper price during market dip so you can achieve the maximum gain when its price go up again. The price of the bitcoin usually go up during the second half of the year.
member
Activity: 210
Merit: 10
May 16, 2018, 10:26:19 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'd better keep a coin that has a good project for the future and holds lots of examples like Bitcoin and Ethereum. The coins over time have increased significantly. Very profitable if we trade the coins
hero member
Activity: 1148
Merit: 504
May 16, 2018, 09:28:17 PM
Well, one cannot be optimistic on whether Bitcoin will be the best coin to hold for a long period of time because anything can happen in crypto currency market for in the next two years ethereum can become some thing else as it happen to be the most wildly accepted alternative crypto currency.
I think almost all users agree that bitcoin has a beautiful future, even more beautiful than any other cryptocurrency, you do not have to worry about competition in the crypto world, all potential coins will grow and have a higher price, but bitcoin will always be the first, so long-term investment is great for bitcoin investment
member
Activity: 949
Merit: 48
May 16, 2018, 08:31:17 PM
Yes, I would say so. You can hold your BTC the same way you can hold US$
as I think of BTC to US$ and other altcoins to other national fiat currencies
most fiat currencies can be traded with US$ and many countries look upon US economics
the same thing with BTC is used as base trade for other altcoins, and BTC price can affect altcoin prices
so holding BTC for long-term is quite make sense if you're not in it for routine income
Yes I agree on that and I already experience on holding bitcoin for almost 1 year, and I particularly see the result of my patience. So  then i suggest everyone to hold and wait for the rising of its price and get some more profit. Because bitcoin price sis really amazing it will really rise someday, if we take a look at the price dog bitcoin from the last year 2017 it's price rise up to 20,000 USD and if the people have faith and hold maybe they've earn a lot.
hero member
Activity: 1232
Merit: 738
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May 16, 2018, 06:32:03 PM
Yes, I would say so. You can hold your BTC the same way you can hold US$
as I think of BTC to US$ and other altcoins to other national fiat currencies
most fiat currencies can be traded with US$ and many countries look upon US economics
the same thing with BTC is used as base trade for other altcoins, and BTC price can affect altcoin prices
so holding BTC for long-term is quite make sense if you're not in it for routine income
full member
Activity: 308
Merit: 100
May 16, 2018, 06:29:23 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 you should not invest in long-term bitcoin at this time, the market in recent days are showing signs of recovery, bitcoin prices are still on the rise. But according to my analysis, this is only a short-term, if in long-term, bitcoin prices are still in the cycle. So if you invest long-term in bitcoin it will be very risky, the risk will be very high, according to my analysis the bitcoin price will probably reach 1000 $ at the end of 2018, then the damage will be great if you head long term.
newbie
Activity: 177
Merit: 0
May 16, 2018, 06:18:57 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?

Yes for me bitcoin is the best long term to hold because many bitcoiners are holding bitcoin now because of coming high volatily of bitcoin.That bitcoin savers will have the highest profit of this year.Bitcoin is so worth because of its value that will make people life change.
full member
Activity: 392
Merit: 100
May 16, 2018, 06:15:38 PM
I think yes. Bitcoin is the best when it comes to long-term hold. And it proven in the past. Those people who hold their bitcoins when it was undervalued are millionaire now.
There is no doubt that bitcoin is really the best coin for long term hold, because the value of bitcoin can be very high if  we will just keep our bitcoin and waut until the value of it will reach a higher price, just like what happend last year, the price of bitcoin was reached $20k.
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