Is Bitcoin the best Long-term Hold?

[strongwarrior238]

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?

We can see that the market in early 2018 is plummeting, bitcoin prices plunged from $ 19800 to $ 6000 last week. I think that at this point we can buy bitcoin but should not keep long f with such a hard market so you will not know how much bitcoin will recover or continue to drop sharply. So the risk is very high if you keep the bitcoin for long periods of time.

[nicolas1979]

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?

Hold bitcoin as long term investment is smart but we all know long term is only for people with high patience and big money, do you have it? As alternative, you can choose LTC with medium term investment or ETH for short term investment/ trading. I believe you can choose any coin depend your skill and fund but for long term investment, bitcoin is the right answer.

[tonystone2016]

Yes, it is. It'll still lead the market

[lvincent]

Well a lot of long term investor already profit a lot from bitcoin, nothing is permanent someday an alt will gonna takeover bitcoin but for now you can see that investing in bitcoin is a smart move because it is a genuine coin up until now there is no coin that surpass bitcoin of course there will always be something better that comes up but i don't see that it will gonna happen sooner.

[Btc_1856]

Not only Bitcoin there are many other potential coins which can give long term investments in the market. Already we have seen Bitcoin, Ethereum, Neo, Dash, Montero etc. All these coin have given good potential and good returns to the investors.

[nasipadang]

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 altcoin implements existing blockchain technology on bitcoin with some changes, bitcoin is also proven to be superior even though transaction fee are expensive and altcoin is cheaper, so many say that bitcoin is a good investment place for the long term because they survive years before altcoin, now their prices tend to rise.

[amrulshare]

Bitcoin really good Long-term investment and its value will go up because of the increasing user who bought it. but,  would be better to buy a low price coin that has a vision & roapmap that potentially in the future, it is not impossible that coins will be a competitor with ethereum

[mprepkiah]

of course bitcoin is made for long term investments, holding bitcoin in the long term is good because it will give you big profits, but be careful if you want to do that because many hackers are starting to attack the market so look for a secure market like ploniex, binance or other

[sofi@]

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 me bitcoin is the best and wise long term investment to have because it has proved to be very appreciative in the past 9 years. I believe other alts such as ethereum and litecoin can be a good investment but I doubt they can appreciate as high as bitcoin does, besides I can see that sooner bitcoin will become part of people's daily lives as a legal tender so surely it will be more valuable in the coming years.

[keanne_isaac]

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?

If I where you I would Diversify my investment 50% for Bitcoin 30% for ETH and 20% for neo or any other altcoins you want to invest in that way if bitcoin is down there have you 2 coins that can offset your loss or in eitherway happen. much better not to put all your investment in one coins scattered as much as you can

[zhekinsp]

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?

As far as now bitcoin is the best long term hold but it doesn't means that it will be forever if it needs to stay in the top then it needs to have top qualities when compared to the other currencies.First of all bitcoin got well recognition from all over the world so the chance of keeping the top level for bitcoin is easier than anyother because they still need to do lot of work to reach the level of bitcoin.
I don't think ethereum never canbeast the bitcoin interms of price because its quantity is unlimited so there is no chance of getting huge demand as bitcoin has.

[xitrum]

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 believe that the current time we should not buy longco-bitcoin hold, can see bitcoin prices are constantly fluctuating and extremely difficult to guess. You can see today bitcoin prices have recovered extremely strong but after touching the $ 10400 level has shown signs of slowing down and turn down. So I think you should not keep the bitcoin for long time, the risk will be very high.

[noictib]

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?

No doubt that etherium and litecoin are options for us to use instead of place of bitcoin to keep the transaction more faster and cheap but In actual if you will go with the altcoins then I don't think you will be able to make yourself more stable with your investment to hold for long term because after the bitcoin every altcoins have more fluctuations then what the bitcoin have in actual and also we can see that people have more trust with bitcoin and also more better technology then what the another coins have in this cryptourrency field .
Here users of the cryptocurrency field are making  bulk no. Of transaction so that bitcoin network needed high fees to pay otherwise if we will replace bitcoin by another altcoins then I don't think that coin will play better role then what the bitcoin is playing .
So it is more better to have bitcoin then another altcoins , here I didn't meant to say that we should go for only bitcoin , but after bitcoin etherium , dash , litecoin are better also for long term investment altcoins .

[richardsNY]

I believe that the current time we should not buy longco-bitcoin hold, can see bitcoin prices are constantly fluctuating and extremely difficult to guess. You can see today bitcoin prices have recovered extremely strong but after touching the $ 10400 level has shown signs of slowing down and turn down. So I think you should not keep the bitcoin for long time, the risk will be very high.

What an utter nonsense. Bitcoin has been subject to extreme volatility since day one of it being a tradable asset, and now you suddenly complain about it being a problem? If you take a look at the all time charts, you'll see how meaningless volatility really is when it comes to Bitcoin's long term price. You are trying to justify the nonsense that you are writing with meaningless arguments that play no role of importance whatsoever. It's mind boggling that people to this day still see volatility as an issue for the long term price. It's a speculative market that attracts smart and ignorant investors each day, every hour, which basically means that the volatility isn't going away till this market has matured properly. Stop acting like a brainwashed mainstream media slave.

[coinscircle]

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 believe that the current time we should not buy longco-bitcoin hold, can see bitcoin prices are constantly fluctuating and extremely difficult to guess. You can see today bitcoin prices have recovered extremely strong but after touching the $ 10400 level has shown signs of slowing down and turn down. So I think you should not keep the bitcoin for long time, the risk will be very high.

I think that at the present time we can buy bitcoin and keep it for a long time. Bitcoin prices are recovering very fast in the past few days, we all know bitcoin has hit $ 19800 and now it's only $ 10,000. So this is an opportunity for us to double our wealth. With a great platform and community response, I believe the bitcoin price will soon exceed $ 20,000 mark.

[Icch]

In my opinion a plattform-coin with solid concept and proof of stake is best long-term hold.
For example, like ADA. It is a not so old coin,(it is cheap)is evolving and you will earn more if you stake them. So you will make profit holding it with two income streams.
1. price is raising
2. earn with proof of stake.

BTC in my opinion is worst long-term investment, because more and more trader are entering the market, they dont know much about blockchain and only hear much about BTC regarding Cryptocurrencies, they buy btc because the want a piece of this advertised holy cake. longer this market exist, more experienced the traders will get.So just ask yourself is BTC in any ability better than any other coin in the crypto market? Also keep in mind: if you want to get a good return of investment BTC have to gain much more. For example you buy BTC now for 10.000 if you want to get 100% roi it has to reach 20.000. But on the other site ADA which you would buy at 0.48Dollar just need to get to 1 dollar and you would get 100% roi.

[alibaba93]

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 if you want to buy bitcoin and keep it for a long time then it is also a very safe idea. We can see that bitcoin prices are recovering extremely strongly over the past few days and can see stable growth again. Therefore, I believe that if you have a long lasting bitcoin it will be very safe and beneficial. The risk is lower than you trade because the market is constantly fluctuating and difficult to predict.

[Kevin77]

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?

We can see that bitcoin is suffering from bad news continuously, bitcoin prices are falling continuously in the last days, despite slight but slight recovery. I think that at the moment we should only trade bitcoin rather than bitcoin because the bitcoin boost is extremely low, maybe even backward. If you buy and hold at this point it is very risky.

I still do not know if most of you have refused to see what is going on in the market. If bitcoin is going down hugely, altcoins are going down, if bitcoin goes up and start a bull rally, everyone dumps altcoins for bitcoin, and then altcoin goes down still. The only time altcoins usually have time to breathe is when bitcoin is resting and consolidating.

I really do not need to say more than that to anyone, and whoever does not know that yet by now, I wonder what else they really want to know. So far, bitcoin is being used on a larger scale than any altcoin, with higher security and level of safety, transactions getting better with the segwit updated protocol and even better with LN deployment.

[rockie87]

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?

Bitcoin is no doubt is one of the best coin for long-term hold.Few thing's that go in favour of bitcoin is that it has just came out from crash and now the prices are getting back to where it was like.Secondly it has gain trust of people once again soo the investment will also be great from now on.This makes bitcoin,Hold for future.But still my money would be on Ethereum,simply because of what it has done in the past.

[mia khalifa]

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 you are right bitcoin is the best place for long-term investments because bitcoin is a digital currency that has a limited total supply if you look at the condition of bitcoin graphics from 2013 to 2018 this bitcoin always experience price increases.