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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
onesalt
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May 30, 2018, 09:42:59 AM
 #141

Holding BTC has less risk in it. You can of course increase you BTC value with good investments in altcoins but you can lose, too. The best solution for me is dividing the investment into BTC and altcoins.
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Xiao Mei Mei
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May 30, 2018, 09:43:36 AM
 #142

why? I think holding Bitcoin is very profitable, because Bitcoin price is always increasing every year.
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May 30, 2018, 09:44:00 AM
 #143

I do not think it is a correct point of view.I think holding a bitcoin in your hand is a guarantee.I think investing in subcoins is important too, but I should not forget the popularity of bitcoin


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HighlanderMonk
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May 30, 2018, 09:45:17 AM
 #144

I have strategy where i keep 50% in bitcoins and the other part in altcoins. In that case my portfolio shows smooth results without huge peaks.
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May 30, 2018, 09:47:54 AM
 #145

I dont agree.You can hold BTC for long time as well as altcoins.If you know your doing in investment , it doesnt matter at all.

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May 30, 2018, 09:54:50 AM
 #146

I use Bitcoin as payment and saving my money. I think it's more profitable than just save in bank. Because I can get some profit when the price got higher. But when I had some extra money, I usually try to invest in ICO. But sometime, I get some losses with invest in ICO. So it's depend on your plan. My plan isn't make Crypto as main job. It's just like side income for me.
FrancePG
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May 30, 2018, 10:12:02 AM
 #147

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 that keeping eggs in one basket is not worth it. One must have bitcoin and its altcoins. This increases your chances of success.

traderethereum
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May 30, 2018, 11:41:26 AM
 #148

I still hold bitcoin at least in more than one year and I think it's good for me because from the first time I knew bitcoin, the price increases significantly and I think it will increase higher in the next year. so I don't think that to hold bitcoin for a long time is not good for every people because this is their way and I think people will know what they should do with their bitcoin. maybe some of us still hold their bitcoin and some other just buy and sell bitcoin to make money. so I think we have a different view on bitcoin itself because each of us has different goals.
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May 30, 2018, 01:54:55 PM
 #149

Now a very unsettled situation on the market, I think that it will last a long time, because there are no positive forecasts…
jakiro.hovard
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May 30, 2018, 01:56:39 PM
 #150

There you can talk for a very long time, but it's best to say right away that if you are holding a BTC holding, you need to look at its news, it's still a very risky asset, which today is subject to integration into the system.
mark1220
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May 30, 2018, 02:00:17 PM
 #151

Yes your right but it depends on what altcoin your holding but sometimes altcoins goes to dump but i prefer to hold bitcoin for longterm because its price is rising.
nelmari
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May 30, 2018, 02:01:04 PM
 #152

I think that is the point why people are holding bitcoin for long term because even if they are only holding 1 bitcoin eventually its value will increase in time. And that's what they are looking forward,  for bitcoin to reach thousand of dollars in time.
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May 30, 2018, 02:03:22 PM
 #153

You made the mistake of advising us not to hold Bitcoin for long periods of time. If you do day trading, you can reduce the amount of Bitcoin you own instead of increasing the amount of Bitcoin you hold. The market is very volatile, and there is no success rate for trading.

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May 30, 2018, 02:31:10 PM
 #154

Why not? I think holding Bitcoin or altcoins for a long time is not a bad idea. I believe when I hold it, I could earn. It could happen in the near future and it will happen in the year of  2019 or 2020. Just Buy and hold bitcoin when it's cheap. That is a best way to make your money in the future.
minttop
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May 30, 2018, 02:35:05 PM
 #155

I think, YES
The idea is to get as much coins as you can and just leave this case for some years
And only SOMETIMES make changes in your crypto-capital
So just long hold, why not - it any case it would be profitable

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May 30, 2018, 02:45:10 PM
 #156

Yes If you are full of information about Bitcoin's future. Then you can withhold the existing Bitcoin.Bitcoin is a very popular coin, and this is the top coin of all Cryptocurrency coins, so the better coin we hold will also return a better income.
cacakuswaya
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May 30, 2018, 02:50:26 PM
 #157

Yes If you are full of information about Bitcoin's future. Then you can withhold the existing Bitcoin.Bitcoin is a very popular coin, and this is the top coin of all Cryptocurrency coins, so the better coin we hold will also return a better income.
really holding back bitcoin for a long time will benefit. otherwise if we sell bitcoin will definitely regret it, but we have to buy bitcoin at the time of down the price. do not buy when bitcoin has gone up.
Fortified
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May 30, 2018, 03:19:30 PM
 #158

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 ?

Yes holding Bitcoin in long term is not a good since this is very volatile , and the price of BTC is always moving up and down, so it will change the price within days or weeks , I think it is better to go for buy and sell in short term .
I suggest to monitor the price of BTC hourly so that you have a referrence ,  if you're going to buy or sell .

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mommysean
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May 30, 2018, 03:22:25 PM
 #159

Yes i agree with you. If you keep holding bitcoin for long time you wont gain any profit. Just see in the market if the price is high, sell your coins immediatly so you can gain much money.
Sid3d
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May 30, 2018, 04:07:38 PM
 #160

I agree with your statement. I keep my assets not only in Bitcoin, but in other coins. Since I believe that keeping only one coin will lead to complete collapse.
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