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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
Fantina
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September 07, 2018, 03:17:05 PM
 #1761

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.
Support. Because bitcoin will live for a long time and in principle you can forget about it for a few years until everything is normal, which can not be said about altcoins.
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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Escan0r
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September 07, 2018, 03:19:16 PM
 #1762

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 ?

Holding both of them is very good but we don't know how bitcoin or altcoin are priced in the future. By separating our investment results it might be a little profitable for us.
Anastasia93
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September 07, 2018, 03:19:40 PM
 #1763

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.
YouEven if the price of Ethereum goes up that much then you would have to wait to see how you can dump it at that price.

GameOfBit
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September 07, 2018, 03:21:33 PM
 #1764

Bitcoin is advantageous to hold for a long time - this is the best coin for storing the most popular and most stable coin. This is the best option for any owner.

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Wellyan
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September 07, 2018, 03:26:21 PM
 #1765

if I myself would hold the old one for as long as possible, because I believe that bitcoin has a beautiful future that promises, it will definitely get the best profit possible. so I will hold it first until the right time
WiiD
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September 07, 2018, 03:38:35 PM
 #1766

It is better for beginner crypto-investors to focus on five-year investments, since the probability of a successful outcome of their transactions will be higher. This is due to the fact that bull and bear cycles in the crypto currency market usually last 1-2 years.
Runbitup
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September 07, 2018, 03:38:48 PM
 #1767

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.
YouEven if the price of Ethereum goes up that much then you would have to wait to see how you can dump it at that price.
we really must be smart in investing because there are many coins that have good potential like ETH. I am sure there will be a time when the ETH price rises high. if you give ETH time to develop the project, I'm sure there will be benefits that you will receive in the future.
allanr
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September 07, 2018, 03:44:25 PM
 #1768

a thought that didn't occur to me. brilliant thinking! I agree with the logic you convey.

therefore it is indeed better to invest in altcoin.

but I still set aside my funds to invest in bitcoin.

all are mutually sustainable.

all altcoins are created because of bitcoin Smiley

btw, thank you for sharing your thoughts.
camho
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September 07, 2018, 03:52:02 PM
 #1769

yes i agree their is no point in holding Bitcoin for too long,,early this year one Bitcoin was 20k as at then all of a sunden the prices just depreciate from 20k to 10k ,,right now Bitcoin itself is not something to talk about because of its poor state,,the current prices of one Bitcoin is 6k,,imagine so holding Bitcoin too long could result in loss of profit
sadirmrida
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September 08, 2018, 07:15:42 AM
 #1770

Due to changing time all things is change. We say  to last experience bitcoin price decrease but sometimes some up. If you invest for long term, it is more risky.
There have a proverb: no risk,  no gain. Vertual currency fully depend on user. There have no controllar.   

Time and tide wait for none
lotao
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September 08, 2018, 07:18:47 AM
 #1771

I don't agree with you. I think Bitcoin is still very worthwhile to save. Although Bitcoin has certain shortcomings, its advantage is that the altcoin cannot be surpassed!
Karina 3340
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September 08, 2018, 07:25:56 AM
 #1772

I do not know what to say to this question. I think this is everyone's business. Bitcoin grows every day, why sell it? So that someone earned more than you? See and target the exchange rate and forecasts.
xiwanfd
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September 08, 2018, 07:28:29 AM
 #1773

I think it's good to hold bitcoin for the long term because it's the safest and we're sure we can make a profit.

But you have to be able to choose the right COINS to invest in bitcoin, or you could lose most of your investment.
ahdie12
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September 08, 2018, 07:28:57 AM
 #1774

The main proponents of HOLD are the people who done either 1 or 2 at some point in the past - either sold early and regretted it or sold late and made a loss, which would've turned into a gain had they waited a while longer.
jhon pantau
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September 08, 2018, 07:30:20 AM
 #1775

The increase in bitcoin is not done routinely, it only increases occasionally significantly. And it takes a long process to wait for the right time to increase significantly. Analyze first, investing in bitcoin when he is getting a pump, so you don't wait too long for the results of bitcoin. For long-term investments, it is more appropriate if you join a potential altcoin.
vovanlau1
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September 08, 2018, 07:34:12 AM
 #1776

I choose hold altcoins, specially new coins, because its price change with high amplitude every second.
Mr. Legendaris
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September 08, 2018, 07:46:19 AM
 #1777

I think otherwise, it is more profitable for Bitcoin to hold it for a long time, as we know that the future of Altcoins will get better and brighter so I never doubt the future of bitcoin if it holds for a long time.


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lorylore
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September 08, 2018, 07:51:47 AM
 #1778

I don't think so as I hold it longer, the price also get higher, so i will keep my bitcoin as my saving. I will just trade other coins other than bitcoin as the price is much lower for altcoins.
Tim Murray
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September 08, 2018, 07:53:46 AM
 #1779

As I see bitcoin only grows for years. So why not keep it on? I think we need to think hard here. And to calculate the forecasts and the course. To understand whether it makes sense and continue to keep the strongest crypto currency Bitcoin.
Crypto Lady
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September 08, 2018, 07:54:44 AM
 #1780

I think that we should not be afraid to invest in Bitcoin, because this coin is the most reliable. I believe that Bitcoin will become very popular and expensive in a few years.

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