Khiceog
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Activity: 196
Merit: 10
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October 27, 2018, 08:22:41 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 ?
I don't think it's worth the risk. I'd better just start waiting and buying bitcoin when I have the opportunity to do so. Now the market is not developing so fast to use your tactics. This may have to wait about a year
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Badboy[BTC]
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★YoBit.Net★ 1400+ Coins Exchange
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October 27, 2018, 08:45:52 AM |
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The author apparently doesn't understand what he says. Bitcoin is a digital gold that needs to be held as long as possible. at least part of the money is invested in bitcoin. I am more than confident that bitcoin will cost much more in the coming years
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novy
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October 27, 2018, 08:58:37 AM |
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One of the main concern that is motivates me to buy BTC is that on a such bad market BTC didn't fall bellow 5k. It is a very strong sign that we have to expect only the growth.
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gelinshidong
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Activity: 459
Merit: 10
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October 27, 2018, 09:07:28 AM |
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Against your point of view. Bitcoin is the safest investment coin, and only bitcoin can be held for a long time, knowing that Bitcoin will be more expensive in the future.
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changxia
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Activity: 294
Merit: 10
Fast, Smart, Trustworthy
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October 27, 2018, 09:13:52 AM |
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In short, the value of Bitcoin has been difficult to double, and as new altcoins continue to flood the market, they will take away Bitcoin funds.
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jeronimosuykens
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October 27, 2018, 09:38:30 AM |
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I agree here. It is not necessary at all because holding doesn't bring so good incomes like investing or trading. I prefer to see use money than to think about them.
Now, if you hold a BTC for a long time, it is unlikely that they will increase and profit you, they can only help you stabilize, but the reality is increased so much that nobody knows before, so invest surfing, in the short term. So we hope to get profit from the market.
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dedocry
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October 27, 2018, 09:53:20 AM |
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I do not see any problems with holding bitcoin for a long time. if I can not or do not want to trade, then storing is the best choice for me at least
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JaoBadjap
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October 27, 2018, 09:56:10 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 ?
Though we know that the market is volatile and risky. but its been proven on the hypes that happen, that hodling could maximize the profit not only for bitcoin but for altcoins as well. the thing is when in hodling you wouldnt know when would be the profitable market gonna show up. but if your still around you could hit it
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Barbatos
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Activity: 272
Merit: 11
www.becent.com
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October 28, 2018, 07:45:06 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 ?
Too long of course not worth it, but infinitely resell it is also very difficult and in my opinion pointless. It's the opposite of losing profit, so I wouldn't risk it. I think the best tactic when buying bitcoin is to expect a better rate. The only way you can get a huge plus
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Hillore
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Activity: 140
Merit: 10
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October 28, 2018, 07:57:53 AM |
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Bitcoin is a less risky coin. But the author is right, you will not earn much on it. Therefore, we have to choose: to take risks or not.
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Beparanf
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October 28, 2018, 08:02:42 AM |
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I do not see any problems with holding bitcoin for a long time. if I can not or do not want to trade, then storing is the best choice for me at least
Its not a problem at all, but it might take too long now before it pump again. History repeats itself that itcan pump and miggt require another more years like how it startred.
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market-beta
Jr. Member
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October 28, 2018, 08:03:33 AM |
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I myself now prefer to invest in bitcoin for the short term. and sometimes I also invest in bitcoin then I spend it with other crypto
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leow
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October 28, 2018, 08:04:33 AM |
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The market is not predictable, and every time you need to adapt to it. If today it is not profitable to hold bitcoin, then in six months it may happen that its price will increase several times, and will be for example$50 000. And the price of altcoins will be in place or even worse will go down. I believe that it is necessary to maintain a balance, keep some assets in bitcoin, part in altcoins, and part in Fiat, which is to invest in case of sharp drawdowns in the market. The percentage of each must determine for himself
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Maheshkumar_Hrangkhawl
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October 28, 2018, 08:06:36 AM |
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Very stupid logic... How you can guarantee that eventually 1 BCH becomes equal to 1 BTC? And during the past 2-3 months, Bitcoin Cash has lost more than 60% of its value versus Bitcoin. All the alts are down nowadays.
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Falmera
Jr. Member
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Activity: 280
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October 28, 2018, 08:17:42 AM |
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Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. 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 ?
I still prefer to invest bitcoin. No matter what other people say about it, I still think it is the most reliable crypto currency.
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jonaire99
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October 28, 2018, 08:24:39 AM |
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The next bullrun might not be happen within a year or two but there will be many short price spikes that would occur from time to time. You can still earn a lot in these price upticks but if you bought your coin at a higher price before a downtrend, it better to hold the coin till its go up again if you want to recover your losses. If not, then sell your coins and buy another coin to recoup your losses.
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kiranarora
Newbie
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October 28, 2018, 09:12:58 AM |
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It is true that there should not be bitcoin for a long time because the crypto market is coming down. bitcoin when you think the crypto market is growing. Bitcoin should be sold at that time, a lot of profit can be earned at that time.
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belingbanged
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October 28, 2018, 09:19:19 AM |
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I think there is nothing wrong if you want to hold bitcoin for a long time. Bitcoin is the most superior coin in crypto, the increase cannot be routinely happened, to get bitcoin is also not easy. So it doesn't matter if you want to have assets in bitcoin with a long term. So that you can get optimal results.
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daenarys_stormborn
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October 28, 2018, 09:27:13 AM |
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I really agree with you, indeed bitcoin holding is not very profitable, because bitcoin is classified as a very slow coin in the increase, however, bitcoin is very suitable to be used as crypto assets, because bitcoin is very stable compared to other coins
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mistemb
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October 28, 2018, 09:32:03 AM |
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that was my goal use BITCOIN to buy alts and make more BITCOIN, but i dont stick with alts and tend to have atleast 50% of my portfolio still on bitcoin
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