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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
LuvCyanide
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November 10, 2018, 05:53:57 PM
 #2261

I prefer to split the budget. I invest 50% in Bitcoin and invest it in altcoins in a growing market only, otherwise there are big risks of losing everything.

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thichtieuthuong
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November 10, 2018, 05:54:27 PM
 #2262

I have the opposite thought for you. Because i think Bitcoin is as long as possible. This is proven when Bitcoin was born and the value is so great now. If you believe in Bitcoin and the crypto market we can tolerate Bitcoin devaluation.

baigreen
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November 10, 2018, 05:55:03 PM
 #2263

To make money on this market. Altcoins should be used. Bitcoin is growing too long. This is difficult, but we really should now pay more attention to the Altcoins.
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November 10, 2018, 05:56:18 PM
 #2264

I adhere to the rule that bitcoin is just a settlement coin. Some projects are very profitable. I'm just diversifying my investments.
Yes, there are some scenarios that you need to have diversified into other investments just to have your profit targeted. When you holding BTC is still the same amount you hold nothing change but the value of that will surely grow either up or down. So, in my own, I just prefer to hold than anything else I know the value of it will grow higher after how many years. Let's think positive on bitcoin so that others can motivate people and contribute the market green by holding Bitcoin.

Fedrey
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November 10, 2018, 05:57:12 PM
 #2265

To make money on this market. Altcoins should be used. Bitcoin is growing too long. This is difficult, but we really should now pay more attention to the Altcoins.
Of course, if a cryptocurrency user invested in Bitcoin in 2016 or even earlier, one and a half today's price is very good for him, because the profit is several times more than the sum of the investments. But if the investments were in 2017, then the current price level is practically the collapse of everything.
StatesManG
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November 10, 2018, 05:57:42 PM
 #2266

Well I like your analysis and believe it will work well but let's consider the other side of it. What if BCH didn't grow as Bitcoin does?

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November 10, 2018, 06:02:45 PM
 #2267

BTC is not bad for trade with stable coins. It can simply used for scalping or daytrading. And this type of trade with such instruments has less dangerous then altcoins trades. Because of I have BTC and USDT only.

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lelylely
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November 10, 2018, 06:08:44 PM
 #2268

Holding bitcoin in the long run is not a bad thing, because bitcoin is the strongest and occupies the top position in crypto. And if you talk about profits then at a certain time bitcoin prices increase then you can use the opportunity to sell, and when falling like this then holding is the best. I still choose to hold in the long run because it gives me to get a better price.

Sondale
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November 10, 2018, 06:09:37 PM
 #2269

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 dosagree and i think taht we will see bitcoin rising high amd we will see this quite soon so lets have a little faith in it
Sondale
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November 10, 2018, 06:10:12 PM
 #2270

Holding bitcoin in the long run is not a bad thing, because bitcoin is the strongest and occupies the top position in crypto. And if you talk about profits then at a certain time bitcoin prices increase then you can use the opportunity to sell, and when falling like this then holding is the best. I still choose to hold in the long run because it gives me to get a better price.
botcoin is a stable crypticurrency and it is my choice for a long term holding as i believe in it n dwe will see taht it is true
eva.malysheva
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November 10, 2018, 06:12:57 PM
 #2271

It is clear that profit will grow only in dollars. But if to look on the other hand - bitcoin now the most reliable cryptocurrency in which it is possible to keep the money. The same ethereum has fallen in price much more than bitcoin.

MBMauL
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November 10, 2018, 06:16:15 PM
 #2272

It is clear that profit will grow only in dollars. But if to look on the other hand - bitcoin now the most reliable cryptocurrency in which it is possible to keep the money. The same ethereum has fallen in price much more than bitcoin.
Yes, of course I see the bitcoin is the only crypto has the potential for investment, but the problem is long term or near-term I think it relies for owners of assets. I myself prefer to trade daily with the conditions, but I now see I better hold your bitcoin me in a long time.

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AshdiD22
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November 11, 2018, 10:23:44 AM
 #2273

I do not agree with the author. Most countries have a population over 21 million therefore if, as an example, everyone in Canada wanted to own one bitcoin each even after the last bitcoin had been mined that wouldn't be possible.
I agree. It is impossible for everyone to hold Bitcoin. That's why we need other alternative coins that are as good, have good platforms, and use secure technologies.
Watugiok
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November 11, 2018, 11:02:48 AM
 #2274

Of course don't hold Bitcoin too long, you should need to invest and reinvest in several altcoins. Participate in various ICOs. Cryptocurrency gives us now a good opportunity to produce. Don't miss the moment.
Terrmit
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November 11, 2018, 01:34:41 PM
 #2275

Better a lot of good tokens to buy. Than bitcoin. This is the fastest way to make money. So I vote for Altcoin investment.

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SvetikB
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November 11, 2018, 01:41:12 PM
 #2276

If crypto is a full time job for you, that you`d better trade than hodl. However, there are people, who have a real life job, so hodling for them is acceptable

Rudi Setya
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November 11, 2018, 01:41:55 PM
 #2277

I do not agree with the author. Most countries have a population over 21 million therefore if, as an example, everyone in Canada wanted to own one bitcoin each even after the last bitcoin had been mined that wouldn't be possible.
I agree. It is impossible for everyone to hold Bitcoin. That's why we need other alternative coins that are as good, have good platforms, and use secure technologies.
in fact in addition to holding the Bitcoin in the long run Bitcoin is also capable of generating such a huge profit through trading.
  so at least not only holds in the long run to generate even more profits.

CryptoGuro1
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November 11, 2018, 01:44:44 PM
 #2278

Bitcoin is perhaps the best coin to hold long term. I would happily bury private keys in a vault underground, and happily reap my millions 20 years for now. 90% of the other crap wont be around

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November 11, 2018, 01:47:48 PM
 #2279

Bitcoin is perhaps the best coin to hold long term. I would happily bury private keys in a vault underground, and happily reap my millions 20 years for now. 90% of the other crap wont be around

I agree, bitcoin holding for a long time will be worth the wait because it can give us high potentials of gaining huge profit from storing it. If I could just have more extra funds I will store some bitcoin and hold for a while.

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November 11, 2018, 01:59:03 PM
 #2280

I think that he, on the contrary, will bring more benefits if you keep him for a long time it is better for him
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