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Topic: Long term argument for bitcoin - page 11. (Read 5936 times)

legendary
Activity: 1120
Merit: 1000
June 29, 2018, 09:33:24 PM
I love to have both of them because I believe that the more coins do you have, the more profit you would get in the times when the market would recover.
Yes it is depending on the interest of the people, it is also depending on the experience of a person, because short term investment require high experience and good skill without have day trading experience it is more risky and low chances are to make money form day trading, while long term investment is comparatively less risky.
legendary
Activity: 1540
Merit: 1016
June 29, 2018, 06:12:40 PM
Bitcoin has more marketing power than any other coin. So thats why more people are believe in Bitcoin than any other coin.
newbie
Activity: 94
Merit: 0
June 29, 2018, 05:51:39 PM
I agree bitcoin is a long-term investment. Because bitcoin in addition to being the first coin in cryptocurrency. Also because many are using bitcoin for transactions, investors also believe with bitcoin and some advanced countries have legalized bitcoin. This makes bitcoin the best coin in the appeal of which coin other.
I am at your side too in this argument. Definitely bitocins are best in the crypt world and we can see it from the love and fame that people are giving them. Secondly the performance they are showing in international market is enormous. So this argument should be cleared as marked true because everyone believes in them. They are giving us back too so this bond is becoming stronger.

Long term argument in bitcoin can be solve by the bitcoins achievements , as everyone's see its potential to change a certain community bitcoin will remain number one in the crypto sphere, It provides a lot of income to those people who are believing and supporting it, Bitcoin possess a potential that the other altcoins can't have.
newbie
Activity: 73
Merit: 0
June 29, 2018, 04:21:09 PM
I was thinking about that, to transfer all of my savings from bitcoin to Litecoin while the market is bad, but I dont know why, Bitcoin causes more trust in me, than any other cryptocurrency that has own Blockchain.

I wouldn't suggest to put all the eggs in a basket. Diversify your money. It is easy a very big project can fail in one day. Lower your risk of losing it all. I put money in at least five coins. And some small money into cheap coins
member
Activity: 234
Merit: 10
June 29, 2018, 04:16:09 PM
Well, Bitcoin has definitely gained momentum and popularity due to its first mover advantage in the market but that's not the only reason for my long-term argument when it comes to the Bitcoin. Bitcoin has grown exponentially since inception and now it has the highest user base, volume and utility value since then. Any other coin might come up with good potential but it can replace only when it will have an equivalent or more user base, utility value and volume. I am not ignoring this possibility but I don't see any other coin having that potential as of now.

Yes, the long term argument from bitcoin has been there since the beginning, it is true that bitcoin is maintaining its place and popularity in the market also It serves an inspiration to other alts out there who is supporting this coin, Bitcoin has a low supply and it has a high demand on the market, The higher the demand the higher it will increase its value, don't forget that bitcoin is always been there for years and never fail us.
full member
Activity: 266
Merit: 100
June 29, 2018, 03:56:50 PM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

We have our own perspective of investment mindset. But what matters we are assure that a project or alternative coin has a good purpose or a solution to a problem in a conventional environment. Because if it will do like that, it could be a catalyst of change in the world especially for the modern day today especially for what bitcoin possess, the blockchain technology.
newbie
Activity: 85
Merit: 0
June 29, 2018, 03:26:06 PM
The fact that Bitcoin came to limelight before others is a very big factor. It will in a very long time to come remain the most relevant digital currency.
sr. member
Activity: 700
Merit: 300
June 29, 2018, 12:51:38 PM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Looking at the current scenario it does look like that it is really important to see whats the first one ! I mean isn't this is the truth that bitcoin actually keeps up its #1 no matter what how big technology comes into the market or how much investors it gets in short period of time. Its investor's approach to be honest, it is very very casual about the altcoins. I mean they will always consider it as one time or temporary investment and thus wont look at it later on once they get their profits. This approach is what making bitcoin very much stronger day by day.
newbie
Activity: 117
Merit: 0
June 29, 2018, 12:22:47 PM
indeed we have to do with bitcoin using long-term, for the short term we certainly will never have the advantage, bitcoin increasingly day even decreased.
member
Activity: 330
Merit: 10
http://www.daxico.com/
June 29, 2018, 11:46:44 AM
It really depends on a person if he wanted to hold it fr too long just like other long term investors did to their investments. And even me don't know how to deal with that thing before but if you are a good investors with a good mind set maybe you can take that kind of action but I always like to be a short term investors because of some of my reasons like I want to earn within a month to prevent my needs in my daily life so easy.
member
Activity: 238
Merit: 10
June 29, 2018, 11:32:32 AM
 I love to have both of them because I believe that the more coins do you have, the more profit you would get in the times when the market would recover.
full member
Activity: 395
Merit: 100
Market Integration Platform
June 29, 2018, 09:13:49 AM
 I was thinking about that, to transfer all of my savings from bitcoin to Litecoin while the market is bad, but I dont know why, Bitcoin causes more trust in me, than any other cryptocurrency that has own Blockchain.
hero member
Activity: 826
Merit: 501
June 28, 2018, 07:45:02 PM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
Being the father of all cryptocurrency was quite so important these had brought all altcoins on its track.Its concept was followed by all altcoins and when bitcoins price will rise,so as altcoins,bitcoins success is very historic that not all altcoins can.
sr. member
Activity: 779
Merit: 250
June 28, 2018, 07:06:33 PM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

What most important is the popularity of the coin in the society, most of the people believe on bitcoins because they already saw that the market price has managed to grow up to $19k dollars, but some altcoins also does have the potential, but still it will be depending to the people if where they are planning to focus on investing.
hero member
Activity: 1008
Merit: 540
June 28, 2018, 07:01:51 PM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Simply because bitcoin is more popular and made a good reputation in the market that attracts the investors to invest,the perception of people if they heard about bitcoin is profitable which is right, bitcoin proved itself how worthy and deserved to be on top.

it because the first time we know about cryptocurrency is bitcoin and we know that bitcoin is superior to the other coins and it cannot compare with the other. we really want to make money from bitcoin and we are trying to collect as much bitcoin as we can while we can do many things to get bitcoin. all we want to make money is from bitcoin but we have another choice to increase the amount of bitcoin that we want from the altcoin. so altcoin will help us to collect more bitcoin.

Yes, the long term argument about bitcoin are only just speculations, They only care for the downfall of bitcoin, some are the faithful ones who are protecting bitcoin into this issues, crypto currency has been part of some people lives that is giving them a source of income in their daily living, some are fortunately become successful and it is good to those who are in crypto sphere.
newbie
Activity: 94
Merit: 0
June 28, 2018, 05:50:12 PM
The fact is that bitcoin has the largest capitalization in the cryptocurrency market, so it is the most reliable asset.
Bitcoin is responsive and works best in case of long term and in case of short term it is not so responsive. The response of Bitcoin is very good and gives us huge profit if one invests for long term. This long term of Bitcoin results in huge profit and most of the investments in Bitcoin are of long term. If you buy at low market value then you will get the profit after long time and not more than a year.

Yes, Long term argument for bitcoin started in the beginning of its career, I must say that bitcoin is very volatile, It serves millions of people in the world in the past years of it being existed in the market, The argument accumulates when the revolution of some coins and alts begin to emerge with bitcoin, they are against bitcoin which is very normal for a popular and most used digital currency.
hero member
Activity: 966
Merit: 501
June 28, 2018, 03:34:36 PM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Yes that is highly important. Being the pioneer, bitcoin has the first mover advantage and is considered as the brand name of the cryptos.
Bitcoin was the first coin to bring the idea of a digital, cashless society and also due to the same, the coin is the most widely accepted coin in the financial market and hence has a market capital of $130 billion currently.
Litecoin does have similar assets like Bitcoin but it will take the coin years to reach the level of bitcoin.
newbie
Activity: 157
Merit: 0
June 28, 2018, 03:17:48 PM
hem different stuff, litecoin are not much popular by people, the big factor i think people know if bitcoin itself are not produce any token more and with the low supply that bitcoin have at this time, well people are intresting to doing some investment in bitcoin instead
member
Activity: 124
Merit: 10
June 28, 2018, 02:51:31 PM
because the bitcoin is the first coin or coin and that makes it very important and also a reference to all old and new altcoins Undecided
full member
Activity: 359
Merit: 100
June 28, 2018, 02:32:57 PM
Good for me that I am also confident about LiteCoin, because I think it is a great project almost similar to Bitcoin, just the "Lite" version of it, and far not the worst one.
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