nl247
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October 23, 2017, 01:17:43 PM |
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There are types of alt coins that performs very well in the market, Be selective in choosing alt coins, There so many types of alts that are no longer active in the market. and if you are smart enough to choose alt coin based on their chart performance then precisely you will also yield a good profit. Bitcoin in any field like long term and short term investment are still consistently effective, As we've witness in its historical performance its constantly good performer, No doubt bitcoin is a good investment in any field.
Selection is very important. There are some altcoins that are just good for pump and dumps and there are some groups where someone calls the shot and you just see a huge spike within a short split of second for the coin. These are shit coins and should not even be dabbled into. It is best to find coins with a good project, coins with good dev, coin with huge support and coin with future to trade with. This is a good way to invest and diversify one's portfolio for those who feel bitcoin is too high to get into which I don't see as such.
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amaral1977
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October 23, 2017, 01:21:39 PM |
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
I really think there are two diferente angles to look at this. One is pure profit in FIAT. I think the market is hard to beat and it will not be easy to gain more with alts speculation than you do in BTC. Another angle is the technology and market of alt coins and tokens projects. We don´t know wich ones or even if there is any already born but some blockchain projects will be huge. So diversifying and holding participations in such projects will be very good in the future.
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Kiweikoo
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October 24, 2017, 09:31:30 AM |
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
I really think there are two diferente angles to look at this. One is pure profit in FIAT. I think the market is hard to beat and it will not be easy to gain more with alts speculation than you do in BTC. Another angle is the technology and market of alt coins and tokens projects. We don´t know wich ones or even if there is any already born but some blockchain projects will be huge. So diversifying and holding participations in such projects will be very good in the future. I don’t really think so that long term investment and that too in case of bitcoin is no more. In fact, bitcoin is very much popular just because it is very suitable option for holding and long term investment. These are all the misconceptions which are just confusing us. The way bitcoin market’s price is increasing with each passing day, I think that it is the best option to do long term investment.
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Reatim
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October 24, 2017, 09:34:53 AM |
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
I really think there are two diferente angles to look at this. One is pure profit in FIAT. I think the market is hard to beat and it will not be easy to gain more with alts speculation than you do in BTC. Another angle is the technology and market of alt coins and tokens projects. We don´t know wich ones or even if there is any already born but some blockchain projects will be huge. So diversifying and holding participations in such projects will be very good in the future. But we are all in for the money isn't it? Admit it or not. That's why its really really hard to hold on your coins specially at the price today. $5500, $6000, $6500 are all mental barriers now. I still try to hold as I can, however, it the opportunity has presented to me to get and cash out huge profit, I might take it and will try to just re-buy when bitcoin price is at low point and discounted price. I think this is the sentiments of most traders now, can't resist to cash out bitcoin with this ATH prices today.
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BaraxLo
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October 24, 2017, 12:12:14 PM |
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I agree if you say to do hold, because if I have to be honest myself feel quite confused to trade in this situation. the more coming is just the fear and panic.
No it isn’t. You don’t have to be panic and you don’t have to think that bitcoin will make your fearful. Be brave and face this dip. Bitcoin have been developing since 2009 and till now it has faced so many hard forks and dips. But nothing have made it down to zero. It always rehabilitate and come out with more profits. So don’t fear and hold, it will surely shoot up and make you rich. Eth has always tried to chase bitcoin and is fond of standing next to it. After bitcoin, eth is the most suitable coin for investing your money and even better than eth is waves. Eth is not better than waves in any regard. Bitcoin is the only coin which is biggest market holding coin. Bitcoin should be your choice for making bug money in the crypto market. Let us all stop wasting money on other coins.
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mast3rm1nd
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October 24, 2017, 12:29:39 PM |
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
I think the majority of people trade alt coins only to increase their bitcoin; I personally think that holding an alt coin for more that 15 days is a bad idea because a lot can happen to the btc price in that time. and it seems like the majority of people think this way, when btc is on the rise everyone is quick to jump the bitcoin wagon and sacrifice the alts they have that's why in a lot of times when btc is rallying alts drop. alts have no future, not all of them at least
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beerlover
Legendary
Offline
Activity: 3052
Merit: 1188
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October 24, 2017, 06:44:40 PM |
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If you cant invest big and want 100 or 200x then it's better to invest in altcoins or ICO's. You can't make a huge profit with Bitcoin now. So it's better to keep some and invest more on altcoins.
Sure, ICOs have the possibilities of having a huge increase as time goes on but that does not mean a lot of profit cannot still be made with bitcoin based on what one can afford. We all don't know what the peak value or ATH of bitcoin will stop at, so if it is possible to have some of it, diversify the portfolio just a bit, then i see no reason why. However, investing in ICOs should be something one should be careful of as most of them can still end up failing, so it is a higher risk.
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tobs
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October 24, 2017, 07:41:06 PM |
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
I wouldn't say that with the bitcoin price raising, altcoins drops. You need to differentiate the reasons why bitcoin price raise. Is it natural growth in demand, any particularly good news or is it like for example right now, a cheap way to multiply your money. People are now selling all their altcoins to have money to buy bitcoins, because they will get free forked coins. That's why the altcoins are now low, and bitcoin high. After the forks are done bitcoin price will maybe drop a bit, while altcoins will raise. From that point, if there is any other big news, the bitcoin and altcoins can raise in value together for some time.
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trand
Full Member
Offline
Activity: 252
Merit: 100
Streamity Decentralized cryptocurrency exchange
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October 24, 2017, 07:44:17 PM |
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
The main reason why altcoins can not increase its price is that people are only focusing their mind and efforts in bitcoin and its fork. I have a strong feeling that in their heart, they still want to buy altcoin but unfortunately, they want to receive free bitcoin gold for free money. Well, we can not stop them from doing that. there are many altcoins which have the potential in the future. Keep believe in cryptocurrencies and everything will be fine
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karmakeddon
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October 24, 2017, 07:50:02 PM |
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Well if you look on the bright side, the volatility of the market actually pushes people to start using their bitcoins not just as a trading tool. This will help out the price of bitcoin in the long run because if fewer people are holding bitcoins and a majority of them want it, it will drive the price up for sure. Lucky will be the ones who managed to be patient and hodl on to their coins.
In the case of alt coins, it depends on if you are looking at it on a BTC stand point or on a FIAT stance. If on BTC, you will see a lot of alts die off since they would be worth dust if BTC keeps on rising. If on a FIAT perspective, some major ones like ETH, LTC and XMR will still be there as they have stabilized the value on their own.
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jack05
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October 24, 2017, 07:58:34 PM |
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Selling bitcoin fast is risky, only for long term investment for me. Altcoin can be sell fast but i think it is very possible to earn money with holding altcoins few months or longer
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Mahanton
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October 24, 2017, 08:43:21 PM |
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
The main reason why altcoins can not increase its price is that people are only focusing their mind and efforts in bitcoin and its fork. I have a strong feeling that in their heart, they still want to buy altcoin but unfortunately, they want to receive free bitcoin gold for free money. Well, we can not stop them from doing that. there are many altcoins which have the potential in the future. Keep believe in cryptocurrencies and everything will be fine Focus and interest of people would really be bigger on bitcoin itself compared on altcoin.This is why we do really always see the supremacy of bitcoin among alts which we would normally see. Long term investment on bitcoin is somehow senseless already because we cant already expect for x2 x3 x4 easily considering on its price is already high and reaching even on x2 would really be hard as of now thats why people do really tend to go on alts.
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R |
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mharz
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October 24, 2017, 09:04:29 PM |
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
I really think there are two diferente angles to look at this. One is pure profit in FIAT. I think the market is hard to beat and it will not be easy to gain more with alts speculation than you do in BTC. Another angle is the technology and market of alt coins and tokens projects. We don´t know wich ones or even if there is any already born but some blockchain projects will be huge. So diversifying and holding participations in such projects will be very good in the future. I don’t really think so that long term investment and that too in case of bitcoin is no more. In fact, bitcoin is very much popular just because it is very suitable option for holding and long term investment. These are all the misconceptions which are just confusing us. The way bitcoin market’s price is increasing with each passing day, I think that it is the best option to do long term investment. Bitcoin is the coin that we need to invest for long term, because when time come past this crypto currency will multiply their value. When I started in bitcoin community their value was $2500 but now it was double now into $5000 and soon to be $7500. Growth of bitcoin was so fast and no limit so I have no doubt regarding long investment in bitcoin.
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Chris!
Legendary
Offline
Activity: 1382
Merit: 1123
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October 24, 2017, 09:08:28 PM |
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It seems like the best option is a good balance of both short quick trades of altcoins and most of the times holding bitcoins. I've lost a lot of bitcoins from holding onto altcoins that I thought would at the very least hang onto their bitcoin values. I'm trading to get more bitcoins, not fiat!
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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October 24, 2017, 10:25:00 PM |
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I've lost a lot of bitcoins from holding onto altcoins that I thought would at the very least hang onto their bitcoin values. I'm trading to get more bitcoins, not fiat!
Holding altcoins for the long term has resulted in losses for the far majority of the people, not just you. There have only been a few altcoins that back in the days were good to hold till now, but as I said, that were only a few. Altcoins are only good for short term speculation purposes, where if you try to hold them for the long term, especially at current levels, it can only end bad. But then again, even short term altcoin trading isn't all that profitable -- it's just the luck that you depend on ultimately.
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Bitcoin_BOy$
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October 24, 2017, 11:40:00 PM |
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Well, In my humble option, Investing in bitcoin still profitable but never like before. I'm talking about this history: Date | USD : 1 BTC | April 2011 | 1$ | 11 April 2013 | $266 | Apr 2014 | $340 — $530 | 21 October 2017 | $6180 |
That was the best time for investment, getting your money x200+, Now let just imagine that bitcoin price goes up to 12000$ and you invested already, so you will get just x2 Leaving comments for you ... Bitcoin Boy.
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Rana590
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October 24, 2017, 11:54:37 PM |
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You are absolutely right. Investment on long term is more risky. It has chance to loss capital also. On its opposite way holding which is far better than long term investment. Investment is profitable but everyone should know the right decision of it.
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Wunderkind
Member
Offline
Activity: 134
Merit: 10
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October 24, 2017, 11:57:03 PM |
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I think we'll see BTC at $7k in a couple months.
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wayaneka
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October 25, 2017, 01:44:27 AM |
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I agree with you, I lose alot of Bitcoin in altcoin trading that paired with BTC because the price of BTC increasing fast. Short term altcoin trading that paired with BTC will be minimize the risk and more safe, and if would like to hold altcoin like ETH for long term investment for the better use paired ETH/USDT or other fiat currency.
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fasdorcas
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October 25, 2017, 04:58:50 AM |
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
I really think there are two diferente angles to look at this. One is pure profit in FIAT. I think the market is hard to beat and it will not be easy to gain more with alts speculation than you do in BTC. Another angle is the technology and market of alt coins and tokens projects. We don´t know wich ones or even if there is any already born but some blockchain projects will be huge. So diversifying and holding participations in such projects will be very good in the future. That is the point. Market always have been such diversifying and you can’t find any best solution that is stable somehow. But now, for bitcoins and altcoins there are some specific and nonspecific trends from which you can predict to some extent about the future of market. Better is to sustain the whole stamina and invest in both with different portions and wait.
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