Don't hold Bitcoin for long time.

[tanveer01]

  You think too far bro! I'm totally disagree with you! I think you don't like Bitcoin, don't forget it is the first currency with which cryptocurrency grow. Holding a Bitcoin will always gave profit, just need some patience for correct time. Except Bitcoin and Ethereum, i don't seen any coin get popularity like her.

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[Visibel]

The market is not good, and many altcoins return to earth, and some to hell. And we know the dominance of Bitcoin is getting bigger now, evidence that Bitcoin is more stable in a bad situation. But of course when there is an upward trend, this strategy will be effective, because I think the greatest potential will be in the altcoins that are the biggest corrected.

[Paperbuk]

Very interesting, but I think it will be effective when the market is bullish. While when the market is bearish, then many people feel safer to store assets in Bitcoin, and that is evident from the ratio of the decline between Bitcoin and Altcoin. But I think when the market returns, altcoin might be the most potential place, at least on many famous coins.

[Pay phone82]

It is necessary to distinguish between trading and investing. Holding is the investing strategy.
 

[CryptoIyke]

Invariably, this is saying that altcoins will make you most money that bitcoin, while btc may be waiting to do its value by 3x some alts most have done over 10x but one have to be very careful because the same it crashes, btc is safer

[skylar]

IMO hodl are not so profitable anymore at this moment, it is need a very long time to make profit. Right now I just try to learn on how to make money on daily trading, I knew that it is not easy part of this field. let me try to join some signal chanell trading & try to copy paste their way to make money with it.

[Pechalka]

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 ?

only small question
if I buy BCH as you suggest, then After some day Bitcoin go down, At the same time BCH also will go down, but faster than BTC.
and the end instead 1 btc you will get 0.75 BTC.

So what you think. is buing alt coins a good idea?

[lksufrr]

I prefer hodling Bitcoin because i believe in it. It was the first and it keeps being the first. There will be nothing better. Even with this prices.

[moepaing]

Why not? I am holding BTC for so long time and I don't see reasons for your statement. I like BTC but it is not necessary to sell it one day just because it has to be done.

[seviandyosi]

Bitcoin is very secure and these coins are very well established. And you don't panic when viewed Bitcoin down. Bitcoin has a very good growth and these coins are able to survive until now. And when the price is down to recover very quickly.

[mitsarasss]

I am still holding bitcoin in the long run until the price is higher, because I never thought there was a danger in holding bitcoin and that too for a longer time, because in my opinion In fact, the bitcoin is the most profitable coin

To date, bitcoin is the most stable and safe investment. The only negative that I see in the bitcoin hold is that you do not increase the number of bitcoins in your wallet.

[snipernumberone]

I believe that keeping bitcoin For a long time is good.But if you want to make a profit, then it is better to sell cheap coins.

[doroshok2]

I agree with you. But do not focus on long-term investments. The most important thing is to look at the market situation. In General, I understand your position, and it really works with good cryptocurrencies, but do not limit yourself.

[jayc89]

Holding bitcoin for long is just like bet while doing such one should expect either ways results that's gaining or losing

Holding coins is very different from betting. The holds make the price of the coin increase by a little.

[alexhitch20]

Not such bit losses either, bitcoin is down about 65% from its ATH, alts are down 90% or more lol. Works both ways.

[candy69]

I don't see any problem in holding bitcoin for long-term, as it is still the best cryptocurrency and would continue to be so in near future too. In fact, holding bitcoin is a lot safer than holding cheap altcoins.

[bhabygrim]

Yeah tell that to the people who bought some back from the start or even back in 2012 ,
Then manage to hold till 2017 don't you think that what they did isn't worth it?

[posporo]

For me, holding bitcoin is not that bad because it has an expensive value in the market even though the market is down so if btc goes up, your profit will increase a lot too but i would say that it much better if you buy when it is low and sell when it is high to gain big profit little by little so dont hold bitcoin for long term just sell it when the market is up and be patient always for gaining profit.

[indriasyifa]

very good calculation, as you say we have to hunt in a lot of coins not just on one coin, the movement of bitcoin is very slow and the profit is very little, for example we have 1 bitcoin then we sell to eth, then we have 25 eth (Price of $ 300 ). if 1 ETH rises 10 Percent then we already get 250% profit.

[alyssajane1982]

very good calculation, as you say we have to hunt in a lot of coins not just on one coin, the movement of bitcoin is very slow and the profit is very little, for example we have 1 bitcoin then we sell to eth, then we have 25 eth (Price of $ 300 ). if 1 ETH rises 10 Percent then we already get 250% profit.

You are right, we need to spread our investments to different altcoins that really have potentials and we should not only focus on bitcoin, there are lots of new altcoins now that already have a good price.