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Author Topic: Hold Bitcoins or buy Altcoins with it  (Read 2765 times)
bitcon
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August 07, 2018, 02:24:54 PM
 #321

If you decide to invest long-term, you should hold Bitcoin for the long-term, at least hold for the next 2 years. The current investment in altcoins is unreasonable because the altcoins rate is unstable, so invest and hold Bitcoin because in my view investing in BTC and hold is the safest way to earn profit later.

There is a simple rule: never invest in one cryptocurrency even when it is the best one - Bitcoin. Spread your money wisely. Pick several good altcoins like Cardano, Stellar, Ethereum Classic, and do not forget about BTC as well.
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legenduim
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August 07, 2018, 03:51:01 PM
 #322

If you plan to hold a coin for a long time, then you should keep your bitcoin, but if you want to make money in a short time, then it is best to buy a cottage currency!

It depends on many things. If you feel that you are active enough to trade (and have time to do it), it might be better to buy altcoins. Trading alts will bright you the profit faster than in the case when you hold Bitcoin.
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September 01, 2018, 09:05:40 PM
 #323

You could sell half of your Bitcoin balance to buy Altcoin. And this I think is safer because as prices rise, all Altcoin Bitcoin is also rising. So you can feel some of the advantages of Altcoin.

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September 01, 2018, 10:08:34 PM
 #324

Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?
I think it would be a better idea to hold not only Bitcoin but also altcoin, simply because there are many promising altcoins that are having a higher rate of increase during pumps. Holding only Bitcoin would limit the profit to be earned especially at times like this that the market is on continuous downtrend. More holdings means bigger chance to earn profit.

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September 01, 2018, 10:14:12 PM
 #325

Should I hold Bitcoins Or should I buy Altcoins with it.
And Why ?

What's your take on it ?
You can do it both it depends on you because we can hold bitcoin as  long as we can and we can buy altcoin as we can afford it. Yes bitcoin is on bearish but it doesn't mean you drop it anytime.altcoin and bitcoin is profitable investment as long you know to manage it.
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