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Author Topic: New Video: Why I am Not Selling Any Bitcoins Yet!  (Read 1692 times)
Marc De Mesel (OP)
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December 13, 2016, 09:32:56 AM
 #21

Altcoins will rise when bitcoin fails. If bitcoin is successful, the altcoins will loose. I was really optimistic about Zcash, but look at it now  Shocked

That is possible scenario ofcourse but in order to predict the future I think the past is our best indicator.

Bitcoin has been very successful yet many altcoins have popped up during this time, and every time bitcoin bubbled, so did the altcoins.


Why would it be different this time?

And what are the odds for that?

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December 13, 2016, 11:14:28 AM
 #22

Sell 10% of your btc and buy monero, btc can easily go x5 in 2017, but XMR could go x100. XMR is technically better in nearly every aspect, and has unified dev team, all it needs is increased network effect, but the big jump into +100M USD marketcap has happened. XMR is bitcoin in 2012
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December 13, 2016, 12:16:09 PM
 #23


Last year at that time bitcoin was around $420-$450 ,now the price might reach $800.

Too sad that i haven`t got any bitcoins back in December 2015.

I lost so much potential profits. Cry

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December 13, 2016, 01:03:40 PM
 #24

Last year at that time bitcoin was around $420-$450 ,now the price might reach $800.
Too sad that i haven`t got any bitcoins back in December 2015.
I lost so much potential profits. Cry
You can still make profit if you buy right now, if the up trend continues bitcoin price would be doubled by end of 2017.
Anyways, OP, great video I didn't watch the whole video its a big 24 min video, but its very informative keep up the good work.
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December 13, 2016, 01:48:03 PM
 #25

I buy some btc every paycheck no matter what the price though because its going to be my 401k in 25 years. But yeah. Even buyng under 1k now is great because for sure next year its going to be well over 1k. Maybe even by the early new year.

Nobody knows what will happen to bitcoin and to its price after 25 years but you are buying bitcoin with every paycheck which is good practice. Its better to invest in bitcoin rather than saving those paychecks in banks for 0% interest rate.

Money being deposit to banks are subject to depreciation even there is interest given by banks, well all kind of currency is, the problem is, if we compare bitcoin appreciation, to bank interest, we can clearly see the advantages of putting our money to bitcoin.  So it is clear that money kept in the bank  even with an interest have almost 0% appreciation.  So for smart people bitcoin is more profitable than saving in bank.

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calkob
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December 13, 2016, 01:55:19 PM
 #26

What makes you think that bitcoin is not a good investment long term ?
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December 13, 2016, 01:55:25 PM
 #27

Thanks for making this video i regret deeply when bitcoin price was 200 Dollars i didn't buy much bitcoin, however i am curently holding some amount but not too much.
To be honest i never see any bitcoin's vlogger video before, hoping you will continue to upload some videos about predicting market either bitcoin or altcoin, subscribed and liked btw.
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December 13, 2016, 02:35:20 PM
 #28

What altcoins do you think is good to buy? Many altcoins are dropping because of the bitcoin strength. I remember people saying that it is not worth to invest in bitcoin at 300 dollars. There are just too many naysayers or people who missed the boat on bitcoin so they discourage you from buying bitcoin. Anyway, I don't think this is the peak. Bitcoin will need to go to 900 dollars at least.

     

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jtipt
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December 13, 2016, 03:12:01 PM
Last edit: December 14, 2016, 12:34:11 PM by jtipt
 #29

What altcoins do you think is good to buy? Many altcoins are dropping because of the bitcoin strength.
I personally do not recommend holding bitcoins altcoins for long time, for short time holding right now Monero looks like good option, I've also got few btc invested in it.
Marc De Mesel (OP)
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December 13, 2016, 04:51:37 PM
 #30

Last year at that time bitcoin was around $420-$450 ,now the price might reach $800.

Too sad that i haven`t got any bitcoins back in December 2015.

I lost so much potential profits. Cry

No pain, no gain, Davis.

It's good you feel the pain of missing an opportunity so that next time when you see one you will TAKE IT.  Cool

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Marc De Mesel (OP)
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December 13, 2016, 04:52:22 PM
 #31

You can still make profit if you buy right now, if the up trend continues bitcoin price would be doubled by end of 2017.
Anyways, OP, great video I didn't watch the whole video its a big 24 min video, but its very informative keep up the good work.


Thanks man  Grin

Absolutely, still great time to buy Bitcoin, but biggest opportunity is in alts right now I think. It all depends on your portfolio what one is short.

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Marc De Mesel (OP)
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December 13, 2016, 04:55:21 PM
 #32

What makes you think that bitcoin is not a good investment long term ?

Long term it's gotten risky due to internal conflicts.

Right now many transactions are not going through due to the blocksize limit not being increased.

As a consequence the growth of amount of transactions has been going down.

It's still growing but not as much, and if nothing changes soon it will stop growing altogether.

This is risky situation which was not the case 3 years ago.


https://blockchain.info/charts/n-transactions-total?scale=1&timespan=all

https://blockchain.info/charts/n-transactions?scale=1&timespan=all

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Marc De Mesel (OP)
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December 13, 2016, 04:59:56 PM
 #33

I personally do not recommend holding bitcoins for long time, for short time holding right now Monero looks like good option, I've also got few btc invested in it.

Why not hold bitcoin for long term?

Why short term Monero is good, just went up 3x (from 300k satoshi to 1 million satoshi)?

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Marc De Mesel (OP)
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December 13, 2016, 05:00:34 PM
 #34

What altcoins do you think is good to buy? Many altcoins are dropping because of the bitcoin strength. I remember people saying that it is not worth to invest in bitcoin at 300 dollars. There are just too many naysayers or people who missed the boat on bitcoin so they discourage you from buying bitcoin. Anyway, I don't think this is the peak. Bitcoin will need to go to 900 dollars at least.

Agreed man  Smiley

I'll probably release a video on what altcoins I think are worth taking a bet on, please subscribe to my channel:

https://youtube.com/user/marcdemesel

Early Bitcoin, Byteball & Bitcoin Cash Investor. Loving Voluntarysm, Lambos & Girls Wink
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December 13, 2016, 05:24:04 PM
 #35

What altcoins do you think is good to buy? Many altcoins are dropping because of the bitcoin strength. I remember people saying that it is not worth to invest in bitcoin at 300 dollars. There are just too many naysayers or people who missed the boat on bitcoin so they discourage you from buying bitcoin. Anyway, I don't think this is the peak. Bitcoin will need to go to 900 dollars at least.

Agreed man  Smiley

I'll probably release a video on what altcoins I think are worth taking a bet on, please subscribe to my channel:

https://youtube.com/user/marcdemesel


Are you sure you want to give advice on Alt coins? You had a bad experience with NXT by your own admission, so you know the risks involved

with this. { It was NXT ...right? } Most of these bloody Alt coins are pump n dump schemes, so you are entering a mine field buying into

them. I would put a strong disclaimer in the video, to protect yourself from people who might get burned and then blame it on you.  Wink

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Marc De Mesel (OP)
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December 13, 2016, 05:58:18 PM
 #36

Are you sure you want to give advice on Alt coins? You had a bad experience with NXT by your own admission, so you know the risks involved

with this. { It was NXT ...right? } Most of these bloody Alt coins are pump n dump schemes, so you are entering a mine field buying into

them. I would put a strong disclaimer in the video, to protect yourself from people who might get burned and then blame it on you.  Wink

It is better to burn out, than to fade away.  Kiss

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December 13, 2016, 07:30:43 PM
 #37

I saw the video but I have my doubts about alt coins. If someone wants to exchange bitcoin with alt coins must be very well informed and his movements be one step the time. Alt coins are not only volatile but nobody can assure you that will not die in a week.
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December 14, 2016, 10:13:13 AM
 #38

I buy some btc every paycheck no matter what the price though because its going to be my 401k in 25 years. But yeah. Even buyng under 1k now is great because for sure next year its going to be well over 1k. Maybe even by the early new year.

Nobody knows what will happen to bitcoin and to its price after 25 years but you are buying bitcoin with every paycheck which is good practice. Its better to invest in bitcoin rather than saving those paychecks in banks for 0% interest rate.

Im almost sure that in 25 years my btc will be worth at least 10x their value today. You should try buying some every week. Its a wonderful feeling.

I need crypto in my life and garbage out of it.
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December 14, 2016, 10:28:04 AM
 #39

Very good video bitcoin is not short term investment, many people are paying insurances for their future returns like 10 years and 15 years, think like that bitcoin is also one of the investment where you can make more of what you are paying insurance. The people who will become rich only through holding their bitcoins for long haul and you will get your best return when you want to sell.
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December 14, 2016, 10:46:54 AM
 #40

Very good video bitcoin is not short term investment, many people are paying insurances for their future returns like 10 years and 15 years, think like that bitcoin is also one of the investment where you can make more of what you are paying insurance. The people who will become rich only through holding their bitcoins for long haul and you will get your best return when you want to sell.

It could be a profitable short term investment too if you play your cards correctly.

I need crypto in my life and garbage out of it.
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