Is the best investment holding your Bitcoin?

[jossiel]

<snip>But with the volatility of Bitcoin is this not the best investment choice in itself? Keeping your Bitcoins which have a higher value and can fluctuate more? <snip>

Volatility can go both ways, of course, and yeah bitcoin is volatile as hell.  Altcoins on the other hand will murder you in your sleep.  You wake up from that catnap and your pet shitcoin has dropped all the way to 1 sat.  I've seen it happen.  I wouldn't invest in anything other than bitcoin at the moment.  The other coins are too shitty and too risky.

I did not understand the bolded part above, and I'm not sure what you want to do in a volatile market.  Some people are shorting bitcoin right now, thinking it's risen too high too fast.  I would not rule that out completely.

I don't have much trust if any in altcoins either. They tend to go south overnight, never had any luch with any one of them

Some of them are just turned to be scams so you just need to look over for the good alt coins and while you are holding some alt coins.

Then you should be holding some bitcoins too, because this is the best investment that you can ever get into bitcoins.

Without doing some hard efforts you have a chance of earning some decent profit as the price increases.

[Wandering Soul~]

I suggest to to both but if you're planning to invest in alts, do it only for a short term cause it is more risky than bitcoin. You should do some research on what coin you will choose. Well you can also do some long term investment in an alts,, It can also be profitable if you choose the right coin.  The only problem is it is common for the alts dev to run away if their proj is not going well.

On the other hand  bitcoin is good for long term investment cause it as already proven profitable as the price increases rapidly each year.

[Maphistas]

I would like to say hello first off, I am new to these forums as a member, but I do often enjoy browsing on my lunch break.

I see a lot of people like to invest in other coins in particular IPO/ICO. But with the volatility of Bitcoin is this not the best investment choice in itself? Keeping your Bitcoins which have a higher value and can fluctuate more? Especially with the recent halving, I can only see the value going up.

Do you see any need to invest elsewhere or is it greedy? What are your thoughts on this?

IMHO, the reason I am looking into investing other coins along with Bitcoin is to see other projects create new ideas and support to society.  It is amazing how new innovations are coming out of the impact of Bitcoin especially blockchain platforms and initiatives.  I looked through all the altcoin projects back in August to create a deduction of which one I would start my foot into investing altcoins.  Don't get me wrong, there are so many projects coming out, but I am limited on funding to where I should start prior to believing in only holding Bitcoin.  I might expand the diversity of portfolio in the future.  As of now, it is sort of experimental for me.

[BrewMaster]

this has proven to be true, and bitcoin has so far been the best investment for me because i have been holding it for about a year, a year and a half and price has been going up ever since making me richer and richer with every rise

[Mirardowyn]

The best investment is holding your bitcoins in my eyes because its profitable and you can make a lot of money with it without any doubts.
Its safe and very very profitable.

[deadsilent]

Its better to hold your bitcoin but its up to you. If you want quick money, buy some altcoin and sell it when the price rises. But holding your bitcoins is more safer and stronger than any other cryptocurrencies. Bitcoin also is the most trusted by many people. Maybe will drop a big fall but it can still rise because many people are supporting bitcoin.

[RoommateAgreement]

I would like to say hello first off, I am new to these forums as a member, but I do often enjoy browsing on my lunch break.

I see a lot of people like to invest in other coins in particular IPO/ICO. But with the volatility of Bitcoin is this not the best investment choice in itself? Keeping your Bitcoins which have a higher value and can fluctuate more? Especially with the recent halving, I can only see the value going up.

Do you see any need to invest elsewhere or is it greedy? What are your thoughts on this?

i am mainly investing in bitcoin to buy and holdit for a long time as my main investment which is the majority of my money also.

but for additional earning possibility what i do is that i trade altcoins. i never invest in ICO and any other super high risk investment like that but but i only do it with the altcoins themselves and sell soon.

[n0ne]

Right now it is best investment just to keep holding as the current bullish indicators didn't finish. There are lot of news and analysis which tells us we may see new all time high in coming months. Bitcoin looks very stable and in very good position so instead of taking any further action better just keep holding.

Best holding policy is hold the bitcoin when the price is low and sell out some bitcoins when the price is high to make some profit. If you long term view about holding better hold your every penny of the bitcoin and utilize it on future.

Yeah its better to sell them when its allowing you to make profits instead of holding them too long as you never know what future holds for us but if we sell at higher price then it can give us profits and we can buy them again when price falls in future and I think that is the best way to play with bitcoins.

That's the better way of making profit but bitcoin has the possibilities of increasing much than decreasing in price. For this reason users who expect small profit could go with long time holding. Also as our bitcoins were in our own hands we doesn't need to panic.

[Snorek]

The truth is no one will know for sure if holding bitcoin will always be profitable - bitcoin is technical and economical precedent. We have no idea how it will scale.
We can only base our information on what already happened - so far bitcoin holding works. Will it work in the future and you will gain high profits again? Maybe.

Word of advice - don't put all your money in bitcoin and especially in other cryptocurrencies.

[unknown04]

IMO holding your bitcoin is better than keeping it at your bank. At least, bitcoin could earn u some money.

[BingoDog]

Wheter is it the best or not, the time will tell, but it's definetely good thing to keep at least some of your Bitcoins long term. This is the way to ensure some funds for the future. And always when the price dropps it's the good time for buying. Just be sure that you keep your coins secured.

[senyorito123]

Right now it is best investment just to keep holding as the current bullish indicators didn't finish. There are lot of news and analysis which tells us we may see new all time high in coming months. Bitcoin looks very stable and in very good position so instead of taking any further action better just keep holding.

Best holding policy is hold the bitcoin when the price is low and sell out some bitcoins when the price is high to make some profit. If you long term view about holding better hold your every penny of the bitcoin and utilize it on future.

Yeah its better to sell them when its allowing you to make profits instead of holding them too long as you never know what future holds for us but if we sell at higher price then it can give us profits and we can buy them again when price falls in future and I think that is the best way to play with bitcoins.

That's the better way of making profit but bitcoin has the possibilities of increasing much than decreasing in price. For this reason users who expect small profit could go with long time holding. Also as our bitcoins were in our own hands we doesn't need to panic.

Well we cannot really tell that, and how about if there's somethibg bad happen just like those bitfinnex hacking issue?  Surely you will also dump your bitcoin if you will see its slowly soaring down,  and im sure that many people doing some short trades at this moment and grabbing the merely down and ups of bitcoins prices, so i wonder how far it will go, but for now let see if the price up will continue to soar or it will stop and profits will soar down also.

[Barbut]

You asked right question is it holding enough or we are greedy. I work for some money, and that simply is jot enough for me. Bitcoin provide me extra income and that is what I need in this moment, I don't have time to wait. And for just holding and in long term is something that I can't afford to myself.
Save who have more then enough, even with bitcoins I can't buy and pay all necessary things for month and have some fun, or go to sea, some vocation I don't know. And I'm young I wish to enjoy now, not one day when I'm old and my dick doesn't rising in the morning.

[CoinCidental]

there's certainly money to be made in alts. I absolutely would not put anything into an ico. buy something on the open market, not hyped up junk. check how many icos were the second coming and now are less than the ico price.

let other saps take the initial hit and see what the market makes of something once it's properly for sale.

Indeed, I completely agree with this.

I am going to hold my Bitcoin, I see it as a long term investment.

Bitcoin will provide a hedge against stock market crashes and economic instability, I would hold at least 50% in cold storage  if I were you because global markets are becoming increasingly dangerous and economists are predicting a lot of disaster in the future .... You can invest some in shitcoins if you want to gamble but none of these are as safe as bitcoin imo

[Wolf_Pack]

You asked right question is it holding enough or we are greedy. I work for some money, and that simply is jot enough for me. Bitcoin provide me extra income and that is what I need in this moment, I don't have time to wait. And for just holding and in long term is something that I can't afford to myself.
Save who have more then enough, even with bitcoins I can't buy and pay all necessary things for month and have some fun, or go to sea, some vocation I don't know. And I'm young I wish to enjoy now, not one day when I'm old and my dick doesn't rising in the morning.

Holding some of them for the future can be a good idea but holding all of them without spending or selling them is the worst thing to do with bitcoins as there is no guarantee that we will see only higher price in future and if it falls then holding will bring loss for us, so its always good to sell them when price goes higher and secure the profits.

[CoinCidental]

You asked right question is it holding enough or we are greedy. I work for some money, and that simply is jot enough for me. Bitcoin provide me extra income and that is what I need in this moment, I don't have time to wait. And for just holding and in long term is something that I can't afford to myself.
Save who have more then enough, even with bitcoins I can't buy and pay all necessary things for month and have some fun, or go to sea, some vocation I don't know. And I'm young I wish to enjoy now, not one day when I'm old and my dick doesn't rising in the morning.

Holding some of them for the future can be a good idea but holding all of them without spending or selling them is the worst thing to do with bitcoins as there is no guarantee that we will see only higher price in future and if it falls then holding will bring loss for us, so its always good to sell them when price goes higher and secure the profits.

you will secure less than you could have if you simply did nothing
in 2020 or 2025 the price will be well in excess of $10,000
this is just the beginning .... THIS IS GENTLEMEN !

[Multipulty]

You asked right question is it holding enough or we are greedy. I work for some money, and that simply is jot enough for me. Bitcoin provide me extra income and that is what I need in this moment, I don't have time to wait. And for just holding and in long term is something that I can't afford to myself.
Save who have more then enough, even with bitcoins I can't buy and pay all necessary things for month and have some fun, or go to sea, some vocation I don't know. And I'm young I wish to enjoy now, not one day when I'm old and my dick doesn't rising in the morning.

Holding some of them for the future can be a good idea but holding all of them without spending or selling them is the worst thing to do with bitcoins as there is no guarantee that we will see only higher price in future and if it falls then holding will bring loss for us, so its always good to sell them when price goes higher and secure the profits.

you will secure less than you could have if you simply did nothing
in 2020 or 2025 the price will be well in excess of $10,000
this is just the beginning .... THIS IS GENTLEMEN !

What you said is true that this is just an beginning and we will see much higher price of bitcoins in future but not everyone can afford to hold their coins for a long term, people who needs money will prefer to sell them when price goes higher, and holding is only possible for those who have excess amount of money saved in bitcoins.

[Red-Apple]

You asked right question is it holding enough or we are greedy. I work for some money, and that simply is jot enough for me. Bitcoin provide me extra income and that is what I need in this moment, I don't have time to wait. And for just holding and in long term is something that I can't afford to myself.
Save who have more then enough, even with bitcoins I can't buy and pay all necessary things for month and have some fun, or go to sea, some vocation I don't know. And I'm young I wish to enjoy now, not one day when I'm old and my dick doesn't rising in the morning.

Holding some of them for the future can be a good idea but holding all of them without spending or selling them is the worst thing to do with bitcoins as there is no guarantee that we will see only higher price in future and if it falls then holding will bring loss for us, so its always good to sell them when price goes higher and secure the profits.

you will secure less than you could have if you simply did nothing
in 2020 or 2025 the price will be well in excess of $10,000
this is just the beginning .... THIS IS GENTLEMEN !

What you said is true that this is just an beginning and we will see much higher price of bitcoins in future but not everyone can afford to hold their coins for a long term, people who needs money will prefer to sell them when price goes higher, and holding is only possible for those who have excess amount of money saved in bitcoins.

if you are doing it as a job which means you are trading, that is the only case that you are going to need that money you put in.
but when you call it investment, it means that you did not need that money. or at least it was an amount of money that you are not using in the immediate future. so you wouldn't need that money even if it stays for a couple of years in bitcoin.

[stomachgrowls]

You asked right question is it holding enough or we are greedy. I work for some money, and that simply is jot enough for me. Bitcoin provide me extra income and that is what I need in this moment, I don't have time to wait. And for just holding and in long term is something that I can't afford to myself.
Save who have more then enough, even with bitcoins I can't buy and pay all necessary things for month and have some fun, or go to sea, some vocation I don't know. And I'm young I wish to enjoy now, not one day when I'm old and my dick doesn't rising in the morning.

Holding some of them for the future can be a good idea but holding all of them without spending or selling them is the worst thing to do with bitcoins as there is no guarantee that we will see only higher price in future and if it falls then holding will bring loss for us, so its always good to sell them when price goes higher and secure the profits.

you will secure less than you could have if you simply did nothing
in 2020 or 2025 the price will be well in excess of $10,000
this is just the beginning .... THIS IS GENTLEMEN !

What you said is true that this is just an beginning and we will see much higher price of bitcoins in future but not everyone can afford to hold their coins for a long term, people who needs money will prefer to sell them when price goes higher, and holding is only possible for those who have excess amount of money saved in bitcoins.

Very correct,  only those  people  who dont need  money  anymore  would surely keep all those  bitcoins that they earn  but for those  people  who  rely fully on bitcoin earning would surely cash out and spend it actively their bitcoin  because  they  need  to  do  it   in  order  to  live .

[CoinCidental]

i guess it depends on whether you buy bitcoins as an investment
or whether bitcoin is your actual job ....

i store all the wealth i  get in bitcoins ,whether the price is $1 or current prices today

it matters not to me ,if i put in a bank my cash would erode due to yearly inflation being several times
higher than interest rates so i would get about 4% POORER every year ......

if i put it in btc .........well ,you know the rest