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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
dianikusuma
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June 02, 2018, 06:35:00 AM
 #241

hold altcoin and hold the bitcoin is the same. both crypto also has a great opportunity in the issue price. many support regarding crypto certainly it will be a boon for crypto if want to hold in a long time. Don't be in a hurry and sell at the low price for now.
tolobua
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June 02, 2018, 09:57:01 AM
 #242

Your theory will work if we choose the right altcoin, because logically the growth of an altcoin will still affect the coin itself.
Simply put, you can imagine what happens now, if you send 10 Bitcoin to Electronum in January.
daduremi
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June 02, 2018, 10:01:38 AM
 #243

Why?? I think the bitcoin is good for the long term because the longer it gets more expensive because the bitcoin supply is getting less and can not be updated anymore.
traderethereum
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June 02, 2018, 10:14:32 AM
 #244

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.

I think he can do this if he doesn't have any skill for trading or analyze the coins or even searching a good ICO and he only wants to keep his bitcoin until the price reach more than $20k like in December. and if we see what will happen with the people which hold their bitcoin from 2010 until now, we can imagine how much money they can make and they still doing another thing while they can withdraw their bitcoin to fiat. but still, it depends on every people purpose when they join into bitcoin industry.

Bobrisky799
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June 02, 2018, 10:16:01 AM
 #245

For me long term is still good.  But you must monitor always the growth rate  so that you can build a new strategy, target price and to get the right timing to sell as well  'cause to be honest holding in long term isn't worth it if you are not  making technical analysis every day, which is you will end up to losing money if you let your money floating in the market without checking the circumstance of the growth rate.
Lacettivod
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June 02, 2018, 10:20:09 AM
 #246

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 You need to keep Bitcoin for security. Bitcoin should be hold, and hold for a long time..
if you try to keep other coins - you risk losing all your savings.
There are many examples of unsuccessful traders.

ervanikan
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June 02, 2018, 10:30:00 AM
 #247

I think holding bitcoin and altcoin is very different,
holding bitcoin for a long time in my opinion is one long-term investment that many people have done before and currently they still believe and believe if a few more years the price of bitcoin will be worth lambo
Kennyflex
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June 02, 2018, 10:54:59 AM
 #248

You must understand what you want to earn: dollars or BTC. According to your goal you can use different strategies. I want to gain both the btc and the dollar value as well.
shiningstar
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June 02, 2018, 11:01:30 AM
 #249

It is the same concept that i use on alts trading, that way i can get more btc than i have at the start and if the btc price increase then i will get more profit that way. People that are new to crypto often focused too much on the usd price but they don't realize that they have less btc and it was better just to leave their assets in btc.

balrog
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June 02, 2018, 11:08:02 AM
 #250

Bitcoin is low-risk cryptocurrency active . It will not make x100 within a few months , like a some good alts , but it also will not loss 90% of price like another alts did. Investing in bitcoin now , you can be sure that it will grow in long term , it will not dissapear from market and scam you like it happens with some altcoins , so it is still a good opportunity to earn a money holding bitcoin .
waterproof
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June 02, 2018, 11:20:44 AM
 #251

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 ?
A year ago I bought some altcoins and did not sell them. Since that time, some have risen in price x2, and some have fallen in half. Bitcoin has risen in price since then x7. Draw conclusions!
smoker36
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June 02, 2018, 04:37:47 PM
 #252

you may be right. but thousands of people have become rich due to the fact that they purchased bitcoin a few years ago and now can live comfortably until the end of their lives
hanomnom
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June 02, 2018, 05:31:20 PM
 #253

I think that now it can't be as profitable as a couple of years ago. cryptocurrencies are insanely popular now, but why don't we see such a wild growth? I think that many bought just for this
Cengghengmania21
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June 03, 2018, 05:22:40 AM
 #254

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.

I think he can do this if he doesn't have any skill for trading or analyze the coins or even searching a good ICO and he only wants to keep his bitcoin until the price reach more than $20k like in December. and if we see what will happen with the people which hold their bitcoin from 2010 until now, we can imagine how much money they can make and they still doing another thing while they can withdraw their bitcoin to fiat. but still, it depends on every people purpose when they join into bitcoin industry.

True, if we hold it from the year 2010 of course many advantages that we can. And if you have the capital to do other things of course it does not matter, the problem is if we only have bitcoin assets and that's not good if holding it for a long time.
shulc7
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June 04, 2018, 04:41:14 AM
 #255

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 disagree with the author of this thread. Strategically holding of Bitcoin is very profitable. I don’t mean of course holding during last half a year but last some years. Watch the graphs and you will understand what I am talking about.
phewinteristi
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June 04, 2018, 04:44:25 AM
 #256

If you are an investor with high capital why not to make long-term investments? however, I personally prefer to make short-term investments because I do not have much capital to invest so I'm afraid of losing my money.
CAPT.DEADPOOL
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June 04, 2018, 04:48:30 AM
 #257

I think yes you should also be well educated if bitcoin is high and high because bitcoin is not longterm and it does not sell or bitcoin can be lost so much so if you know just crash the bitcoin start to sell bitcoin and if it falls down then you get a bitcoin sure you can earn a lot and wait for it to rise again

Faeton
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June 04, 2018, 05:02:08 AM
 #258

Still, even a simple retention of bitcoin, if it is very long, is still quite profitable. In recent years, the cost of bitcoin increases by about ten times by the end of the year. Perhaps, this year there will be no such growth, however, it must be tangible. However, in order to significantly increase its profits, it is desirable to at least partially sell bitcoin, when it appreciably rises in price and then buy it at a significant drop in it.
Certainly, some altcoyins are also capable of bringing such a profit, and even more. Here already to that that is pleasant.

sejhdjdt
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June 04, 2018, 05:23:07 AM
 #259

I don't like to make short-term investments. I'm more suitable for long-term investment. I will also hold my Bitcoin for a long time because I don’t think the value of Bitcoin will rise in a short time.
mmo4me.2016
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June 04, 2018, 05:26:16 AM
 #260

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 ?
That is not to increase the number! The best way is to trade and use profit to buy BTC. Long-term storage is also an investment option. But only effective in 2015 to 2016. At this time no longer effective!
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