stobel
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August 14, 2018, 11:55:00 AM |
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Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up. If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
Unfortunately the current situation is not as easy as in theory, because it looks like all coins / tokens are not stronger than Bitcoin. And even when the upward trend of Bitcoin still remains alone.
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Charithacrypto
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August 14, 2018, 12:13:32 PM |
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Yes your are right. I'm also don't like long term investments because as you mentioned if I invest 1 BTC and market crashed may be I was loss or equal to invested time. I think it's disadvantage.
If I had a 1 BTC it is changing with current USD value. When the BTC buy time if it was 10,000 now it's around 6000 so untill then we have 1 BTC but not on the better USD value.
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panther427
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August 14, 2018, 12:33:19 PM |
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Maybe you are right by your own side, but I think different. And, I love to hold Bitcoin for a long time. Because only long bitcoin holders are a millionaire now and if you start hold from now for a long time then you can earn huge money too. Because bitcoin has high potential to reach 50K USD in any time.But there is no guarantee that it will happen because bitcoin price is volatile so the price may fall also but as everyone have strong belief on bitcoin that it will become the future currency then they are holding them if you think the same just hold it.
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Fourgh
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August 14, 2018, 12:39:17 PM |
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Well maybe that could be true. Maybe it's because of the recent bitcoin forks that make some other usere not confident on Bitcoins platform anymore.
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sashapoc
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August 14, 2018, 01:55:09 PM |
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But now is a very good time to buy bitcoin, and store it for a long time. He will never be worth 5000$ that's why I am buying it from the level of 5500+. I think that's a good idea.
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pidonkmo
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August 15, 2018, 01:37:55 PM |
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Should hold another coin, not just Bitcoin. If you hold a single coin, you will not make a big profit. And worst of all, if the price goes down, you will have a huge loss of 1 coin.
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RasicaOla12
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August 15, 2018, 03:13:25 PM |
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Some advice for investing in bitcoin is that we should invest in short-term bitcoins because the bitcoin value is large if we invest in a long-term portfolio that will definitely affect our capital.
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blindminer
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August 15, 2018, 03:17:59 PM |
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I think it's more profitable if we do buying and selling. You just don't hold Bitcoin for a long time. For me you can hold for a series of month but not for a year or so. Once the Bitcoin marked a good green I start to sell my Bitcoin. Same with altcoin. Specially ethereum I just leave atleast 3-4 ethereum in my portfolio. When the market goes down again it my time that I buy altcoinS to add in my portfolio. For me it's the best thing to do in cryptoworld, because cyrptocurrency is not stable you just need to have a perfect timing when to buy and sell coins so you have a profit at the end of the day.
In a bear market trading is certainly better than just holding on and see your profits you made in the bull market slowly getting to zero. Also cashing out or working with stable coins is pivotal to secure you profits.
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kptsgt
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August 15, 2018, 03:19:53 PM |
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I don't believe it resembles that, fundamentally if holding another coin won't benefit when the market goes down it's additionally affected by bitcoin, I'm here longing for having resources as bitcoin. take the experience of individuals who as of now have bitcoin in 2016 positively did not think there would be such an expansive increment particularly the advantages of bitcoin in vast amounts from low costs to moguls, so holding whatever you have the correct technique is HODL.
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MixedGalaxy214
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August 16, 2018, 10:25:17 AM |
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Yes I agree one should sell btc when the price goes higher.
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ExoticDynamics547
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August 16, 2018, 10:27:58 AM |
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Not long time but holding is good for business.
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CardMate355
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August 16, 2018, 10:28:51 AM |
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Agree with you.
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hungter34
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August 16, 2018, 11:03:20 AM |
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I prefer btc for long term holding and I will do some short time trading with alts to make more profit. Btc can make my money safer and alts can bring me some money.
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iljamlnk
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August 16, 2018, 11:10:05 AM |
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I think bitcoin is more reliable and stable than most altcoins.Therefore, for those who do not like to take risks, I would recommend bitcoin.
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nurularesyi1995
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August 16, 2018, 11:23:39 AM |
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No one wants to forever hold all of his bitcoins. Because one day it will definitely be converted into their local currency.
Trade patterns with long-term or short-term terms, each of which has its own risk.
Not always long term good, and not always a good short term. Depending on the moment and our decision when we will enter it. The important thing is to always do research when you will take part in the market.
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Ryanpaul80
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August 16, 2018, 11:28:13 AM |
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Advice from me, do not hold bitcoin for too long because you do not get a profit. Better to sell when prices go up and buy them back with bitcoin prices are falling, because the movement of bitcoin prices is so drastically unlike altcoin.
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slava87
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August 17, 2018, 06:13:30 AM |
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I can't say you're right ... bitcoin has already proved that it is good for hold ...like other crypto
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kptn.sgt
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August 17, 2018, 06:16:20 AM |
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My conclusion to this is, it would be better that not the greater part of your assets will be put resources into BTC and I figure you should attempt to contribute a few assets from your btc to some encouraging alts and watch the market execution. Atleast, you won't be snared with btc just and investigate other potential coin for your venture. In addition, I am as yet sure that bitcoin will before long recuperate from this long bear showcase in the coming months and if that happens, that will be great likewise for the alts to develop as bitcoin is the primary concern here.
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morphic
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August 17, 2018, 06:16:31 AM |
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Yes, the profit holding Bitcoin is very small, but it is the safest, so how to invest needs to judge by yourself. Everyone's investment method is different, but I think the investment is ranked in the top cryptocurrency. Would be a better choice.
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Black Angel
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August 17, 2018, 06:23:36 AM |
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I prefer btc for long term holding and I will do some short time trading with alts to make more profit. Btc can make my money safer and alts can bring me some money.
Yes right, the longer we hold bitcoin then the value of bitcoin is more expensive because the number of users continues to increase while the stock is limited so that the market law applies, the price will rise, based on the experience of new millionaires, it can get a large profit with a hold for a long time.
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