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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
cewekimut
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September 01, 2018, 06:41:02 AM
 #1661

Bitcoin is great for long-term investment and you need to make an investment. Bitcoin has value is very high and become the King of coins. If you want the advantages of the Bitcoin, you could start investing now. And now is a perfect time before Bitcoin price rises even higher. Many people argue that Bitcoin and all Altcoin will experience a price increase at the end of the year 2018.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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valkyrie_12Vl
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September 01, 2018, 06:45:00 AM
 #1662

i agree with that, if you have something that could increase your bitcoin count that would make more profit than holding pire bitcoin alone. but instead of converting your bitcoin why not find something that would give you altcoin then let your bitcoin stay as some altcoin fluctuates frequently and might give you more losses than earnings.
Mary89
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September 01, 2018, 06:45:20 AM
 #1663

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 ?
As a rule, I use for investment not only BTC, but also altcoins and this is due to the fact that the funds should be kept in different places, today one grows or falls, tomorrow another, thus increasing the probability of obtaining the profit that I plan to receive. And getting into the landfill is always present, it requires experience and intuition that will help you avoid a bad investment.
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September 01, 2018, 07:05:42 AM
 #1664

With Altcoin, it is more likely that you will remain without cash. Or you need to study the project to protect yourself from loss. Bitcoin is safer!
NikNight
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September 01, 2018, 07:37:37 AM
 #1665

I would add that bitcoin was a "hard currency" in winter, when haters tried to attack Tether, and it is now, when you need to wait out a big price collapse in altcoins. It has the smallest drop from the price peaks.
Tilim@Tilim
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September 01, 2018, 08:12:14 AM
 #1666

I do not believe that bitcoin can become much more expensive, for example, as last year. Most likely now we see the maximum.

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Prime20
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September 01, 2018, 08:15:53 AM
 #1667

The fact is that there is no token you should hodl for long, you are probably going to sell it one day when it is favourable to you but don't sell immediately you receive it
TCTDev
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September 01, 2018, 08:17:39 AM
 #1668

I do not believe that bitcoin can become much more expensive, for example, as last year. Most likely now we see the maximum.
I do not agree with you. It seems to me that at the moment bitcoin is very cheap. Blockchain is a very serious technology, so bitcoin should be much more expensive than now.
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September 01, 2018, 08:23:51 AM
 #1669

Yes, you are right when the market is growing, you also can invest the altcoins or ICO use your Bitcoin, but when the market is dropping, you will increase your lost in the investment.

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September 01, 2018, 09:09:13 AM
 #1670

All coins depend on the course of bitcoin and etherium. However, each individual coin can grow as part of its course. This very often happens with new coins and promising projects. Then it is advantageous to keep your money in these coins. And only when the growth of a coin is being put into bitcoin. But I do not agree with the fact that in relation to the dollar, bikoin does not grow. Look at the latest charts and you will understand this.

ugur2222
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September 01, 2018, 09:17:40 AM
 #1671

Holding is the best way for people who bought bitcoin for a high price to make sure that they do not lose their money by selling their coins at a cheap price.
Blinker123
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September 01, 2018, 09:23:31 AM
 #1672

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 ?

It depends, for me i will hold bitcoin for a long time and i will gain a huge profit and my second option is to buy altcoins and hold it for a long time. Both of my option is applicable and will gain a huge profit soon.
erox
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September 01, 2018, 09:32:13 AM
 #1673

I think that such an operation is only for an experienced trader. Beginners better just hodl their coins and they will also make a profit.

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September 01, 2018, 09:40:49 AM
 #1674

And I like to keep bitcoin in the long term, as it is the most reliable cryptocurrency and it is sure to grow in price. But I'm not sure the price will rise this year.

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September 01, 2018, 09:59:17 AM
 #1675

And I like to keep bitcoin in the long term, as it is the most reliable cryptocurrency and it is sure to grow in price. But I'm not sure the price will rise this year.

From what I've consistently been reading and making sure to weigh both sides of people who are bearish and bullish on BTC.... I believe, IMO that BTC will reach an absolute minimum of $10k by the end of the year. That's just my opinion but we're seeing similar patterns with minimal changes to the passed few years, bubble-tank-stabilize-rinse-repeat... but I'm no expert..
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September 01, 2018, 10:05:22 AM
 #1676

If we want to make long-term investments by holding bitcoin there is nothing wrong. Because those who do that already have confidence if the price will rise high someday. But for those who do not want to make long-term investments can buy Altcoin for daily trading. All of that depends on the investment objectives carried out and everyone has different choices.
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September 01, 2018, 10:07:45 AM
 #1677

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 ?

use bitcoin. Don't hold it for god's sake. It's a currency and it's meant to be used, no hoarded. So please understand the whole concept first and then you might also benefit of price growth

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September 01, 2018, 10:18:14 AM
Last edit: September 01, 2018, 07:35:08 PM by kambaralikhan
 #1678

I'm not in the favor of holding any cryptocurrency too much long. Let me give an example, Let's suppose You bought 1 BTC at $7500 and let's suppose and it rose upto $12000. Sale it and buy USDT in return. USDT is a cryptocurrency which is dollar backed and no matter what happens to the market 1 USDT almost equals to 1 USD. And when BTC falls back to let's suppose at $8000 or $9000 you can sale your USDT and get back more BTC. This is how you can increase the number of BTC you hold. If you hold 10 BTC for 100 years, they will be 10 BTC after 100 years. So hold, sell at high price and buy back at low price.

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September 01, 2018, 10:43:19 AM
 #1679

BTC is very profitable coin for long time investment. You can seen price of BTC yearly increasing. Today BTC price is $7076. I believe BTC price will be hit 20K to 30K end of the year 2018. So you can buy and hold it.
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September 01, 2018, 10:48:51 AM
 #1680

Of course the price of altcoin can grow significantly! And in this case, I can get super profits. Compared to that, if I kept the money in bitcoin and waited for it to grow, of course I would also make a profit, but less. But beginners do not always understand what kind of altcoin you need to invest money to get super profits!!!
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