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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
Hopeliza
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June 28, 2018, 01:42:01 AM
 #441

It is up to you if you want to hold it for a long time. If you can see that your money will increase if you hold it for a long time then go hold it. It will always be your choice.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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JustQueen
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June 28, 2018, 01:44:43 AM
 #442

If you think holding for a long time wasn't good for your money then go sell it first then buy again. You have to follow the market for the sake of your money.

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nikay12
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June 28, 2018, 01:46:15 AM
 #443

Yes don't just hold ot for a long time because it will be just a waste of time. Grab the opportunity and sell it right away because you can still buy coins after you sell it.

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Tetep Mesem
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June 28, 2018, 01:53:28 AM
 #444

Yes you are right, it is better to use capital for trading or to follow the legit ICO.

It's look like highly risk now to invest on ICO.  I just want to explain, once market down you can get a chance. Buy alt coin and hold it up to reach on your target. Good coin never give you loss. Just need pateince.
Bitcoin premises that have this increasing development will be very good to be held in the long term. indeed on Bitcoin. so it will be very getting profit with Bitcoin has and has many supporters so will be able to generate profits.

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KingOfWinterfell01
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June 28, 2018, 02:39:30 AM
 #445

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 think for me it all boils down to raw price watching. If you don't watch the price, then holding would be useless. You hold because you want to sell at a very profitable price. Why bother holding if you don't regularly check on the price? So it all depends on your frequency on price checking.

salamloloh
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June 28, 2018, 02:44:02 AM
 #446

I really like your thoughts but to avoid the risk of losing a lot of money because wrong in choosing altcoin then everyone just investing in bitcoin because with bitcoin investment we don't worry too much about coins that coins will fall or mat...
Dirk2017
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June 28, 2018, 02:45:18 AM
 #447

Yes don't just hold ot for a long time because it will be just a waste of time. Grab the opportunity and sell it right away because you can still buy coins after you sell it.

It depends on the people who invest, why not hold bitcoin for a long time? Remember bitcoin is a long term investment, you cant earn profit in bitcoin if you dont hold it, waste of time? you sure? Bitcoin is the king of all cryptocurrencies, no one can beat bitcoin, if there is a coin that can beat bitcoin name it. Dont rush in to conclusion if you dont know the story behind bitcoin mate. Bitcoin give us hope, dont hesistate to invest.

kalama164
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June 28, 2018, 02:46:43 AM
 #448

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 ?
This will be a profitable investment in 10 times increase the amount, fundamentally there are risks. But there are always risks. as well as bitcoin itself can fall to one hundred dollars
Toukir007
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June 28, 2018, 03:48:11 AM
 #449

Why??if I hold btc then I will loss all? Shocked
RXKING
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June 28, 2018, 06:13:29 AM
 #450

I agree with you. In the bitcoin world, which requires intelligent thinking. still plenty of time, do not rush in deciding the action. the proof is now Bitcoin still king, bitcoin value is still high. You have to believe in bitcoin. if you hold and satisfied then you can sell. Bitcoin investment requires patience and courage to deal with different situations. A good entrepreneur is never afraid of going up and down because he knows the market position and is very interested in what is going on, and I still believe in bitcoin, sell when the price goes up, Buy when the price goes down.
smhome354
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June 28, 2018, 06:19:58 AM
 #451

It also comes to my mind of not holding bitcoin for a long time because of the current status of bitcoin that is low and it's been like this for a long time now.  But when I look at bitcoin's history it shows that there comes a time that suddenly bitcoin's value soars high.

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javacomedy
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June 28, 2018, 06:28:25 AM
 #452

Yes you are right, it is better to use capital for trading or to follow the legit ICO.

It's look like highly risk now to invest on ICO.  I just want to explain, once market down you can get a chance. Buy alt coin and hold it up to reach on your target. Good coin never give you loss. Just need pateince.
nowadays to run trading with potential coins to get big enough profit. so with this great profit opportunity, it will be very profitable to generate more profits. so having Bitcoin would be great by running today's trading with Bitcoin.
Indai24
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June 28, 2018, 06:32:56 AM
 #453

It also comes to my mind of not holding bitcoin for a long time because of the current status of bitcoin that is low and it's been like this for a long time now.  But when I look at bitcoin's history it shows that there comes a time that suddenly bitcoin's value soars high.

It depends on a situition, if there's a need to hold bitcoin for a long time then, why not? I was able to hear as well that bitcoin will be back sooner and price may soar high, yes you're right, so it's better to wait than never.
betece777
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June 28, 2018, 06:42:49 AM
 #454

really i like your opinion. .
I think because its price is too expensive so it needs a lot of capital also to get keutungan. .
rather than other altcoins whose prices are even smaller is very profitable. . ? with a capital of 1 bitcoin alone we can buy some altcoin in large quantities. .
to avoid dumps alone may have to do a deeper study of the alcoin that we will invest
Wearegoodfrends
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June 28, 2018, 07:59:48 AM
 #455

You can buy bitcoins and altcoins, no problem. Only in bitcoin I'm sure. And in a falling market, it does not fall so much. Altcoins are flying into the abyss.
lala.dida
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June 28, 2018, 12:52:51 PM
 #456

Advice from me, do not hold bitcoin for too long because you do not get a profit. Better to sell when prices go up and buy them back with bitcoin prices are falling, because the movement of bitcoin prices is so drastically unlike altcoin. At the same alcoin, sell above the ICO price.
benedictonathan
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June 28, 2018, 03:01:31 PM
 #457

In my opinion gone are the days that you are able to buy hundreds of bitcoins and then hold for a long time so that you can earn. Now it is a trading game and you need to be a good trader to earn good profits out of cryptocurrency. Lucky if you can buy hundreds of coins and then it will become something someday. Patience is the key.


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rachelshineofstar
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June 29, 2018, 03:33:01 AM
 #458

I still hold bitcoin and some of the altcoins. I'm always hoping that someday good returns will be achieved. Just keep on investing for a longer term. Someday we will harvest what we have sow. This is better than not doing anything at all.
lieutkcb
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June 29, 2018, 03:35:01 AM
 #459

I think it is better to hold both bitcoin and altcoin on long term because they both have great advantages and potentials to yield big profit. As long as you are patient to find a good altcoin to invest in, you are sure of making profit. Bitcoin is a stable coin and has the potential of doing better than most altcoin in future.
lonlonmarlon
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June 29, 2018, 03:37:32 AM
 #460

i agree for this to don't hold long your bitcoin you need to invest your bitcoin in other investment site but be careful to other investment site scams. Or else sell your bitcoin when bitcoin is up the price wait for that to bitcoin is up and that my suggestion and opinion,

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