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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
mahdie88
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June 04, 2018, 05:28:05 AM
 #261

still depend on people on how they manager their bitcoin.. like what happen to bitcoin today from the start.. i grow massive and huge impact for everyone.. let them decide and hold their token until what they want Cheesy for me IF i have bitcoin i will hold for long..  Shocked

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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June 04, 2018, 05:28:34 AM
 #262

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.
I think there's no reason why not to hold Bitcoin for long time because this coin is the only great coin to all and one of crypto that have potential, also most popular crypto because of its rapidly rising of it's value so that many people are getting interested everyday. And i think Bitcoin is one of the good coin to hold because it's have potential and have higher value, so if you hold it and the market is rising surely you will get huge profit.

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June 04, 2018, 05:41:39 AM
 #263

Ok maybe you won't have that much profit with bitcoin , but atleast you won't lose it all. That what you wrote in first post is calling trading and trust me it's not that simple like you wrote. Trading is really stressful job and you can't always get profit, believe me most time you will lose your investment. So I rather hold almost all money in bitcoin and if I have 1 bitcoin there no way that I will lose that bitcoin , only price can drop. But in altcoin you can lose amount of bitcoin and price.
jdamayo28
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June 04, 2018, 05:45:15 AM
 #264

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.
I think there's no reason why not to hold Bitcoin for long time because this coin is the only great coin to all and one of crypto that have potential, also most popular crypto because of its rapidly rising of it's value so that many people are getting interested everyday. And i think Bitcoin is one of the good coin to hold because it's have potential and have higher value, so if you hold it and the market is rising surely you will get huge profit.

Well as I observe and experience, its okay to hold bitcoin for long time. If you fully understand the concept of BTC and how to play with it in the market then you can invest it for a long time. Bitcoin for me has a bright future in the market. Study its technical analysis and its movement in the market, you can see that in the long run BTC will have its comeback from a deep down in the market today.
Vincent Wright
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June 04, 2018, 05:47:24 AM
 #265

Many earlier HODLers of Bitcoin are now multi-millionaires, even if they only put 30 bucks into Bitcoin in 2010 or $1,000.00 into Bitcoin in early 2012. HODLing is the philosophy that many of the early Bitcoin adopters embrace. Bitcoin is trending up so if at all possible they will never spend or sell it. They believe Bitcoin will keep going up. And you? You should consider your strategy.
Azzam Khalif
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June 04, 2018, 05:54:31 AM
 #266

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.

This is possible, but when BCH dumps to zero because it is a scam perpetrated by fraudsters, you would then have zero BTC, zero BCH and zero USD. What then?
I see otherwise. because what I see Bitcoin's development increases rapidly when we hold it. so I am more confident to hold Bitcoin, especially in the long run. because the longer we hold it will be faster also its development and the price will be high in the future. so it's great to hold Bitcoin in the long run.

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June 04, 2018, 05:54:39 AM
 #267

Ok maybe you won't have that much profit with bitcoin , but atleast you won't lose it all. That what you wrote in first post is calling trading and trust me it's not that simple like you wrote. Trading is really stressful job and you can't always get profit, believe me most time you will lose your investment. So I rather hold almost all money in bitcoin and if I have 1 bitcoin there no way that I will lose that bitcoin , only price can drop. But in altcoin you can lose amount of bitcoin and price.
I agree, holding altcoins then trade it is not easy as it seems, before you switch to altcoins better to balance the situation if that's the right strategy for you to earn more profit.

Btc is currently expensive unlike altcoins but its proven to be profitable especially if you hodl it for long period thus hodling both are way better rather than sticking to just one.

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June 04, 2018, 05:56:01 AM
 #268

No, I will keep Bitcoin for a long time, because I think Bitcoin is suitable for long-term investment. Bitcoin's price last year exceeded 20,000 US dollars, which is not a short time to do.
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June 04, 2018, 06:03:07 AM
 #269

Our opinion is better you no longer last longer, if you want to make a profit every day, you better invest in the trade so you will get a profit in a short time, with you to trade.
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June 04, 2018, 06:06:15 AM
 #270

I personally prefer to make long-term investments because I don't like to check the encryption market often. So I will hold Bitcoin for a long time until its value has increased a lot.
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June 04, 2018, 06:06:52 AM
 #271

Investing in bitcoin is the least risky investment method, and I think it is still profitable, but if you want to get more benefits then you will take more risks because the market is too volatile. And there are many uncertainties. Not everyone is willing to take risks.
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June 04, 2018, 06:07:57 AM
 #272

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 ?

why is it prohibited to hold altcoin for long periods of time as soon as bitcoin prices will return and can be profitable and so prohibited to withstand altcoin in a long time what because there are others if Bitcoin is resistant for a long time and so we can sell bitcoins when prices stabilize again

Dikpora77
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June 04, 2018, 06:08:13 AM
 #273

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 like your opinion, it's true and brilliant. We have to smart in cryptocurrency and have many options or strategies so we can anticipate the dump and don't lose many money.

reynand
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June 04, 2018, 06:11:36 AM
 #274

Hold both of them are the best option, I have keep some of my alts that doesn't go along with bitcoin. So I will keep it as my biggest investment than bitcoin.
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June 04, 2018, 06:12:15 AM
 #275

Why not hold both altcoins and Bitcoins? It's not necessary that you should be investing in one coin. Diversifying your investments can make your profits bigger if you know what you are doing, right? For me, I focus on just holding my coins until it increases in value. Because, I don't have that much knowledge when it comes to trading. So, I think that I am doing the right thing for now. (Until I research all about trading and stuff).
satria33
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June 04, 2018, 06:12:30 AM
 #276

I don't like long-term investments in the crypto market. It makes more sense to make money by buying and selling.
I make more money by buying and selling.
It is necessary to follow the market constantly.
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.
takenprot
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June 04, 2018, 06:14:09 AM
 #277

In my opinion, that is a very good reason and it makes sense why many people like it from BTC. If very confident for the next one or two years, and with this long-term investment I am sure I can make a lot of money. if you act wisely, find a good alt that has a good team and is actively being developed, then go in for a good price and be patient.

shendy
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June 04, 2018, 06:17:09 AM
 #278

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 do not agree with you. Because I think if we hold longer Bitcoin means more and more profits that we can also. From the beginning until now Bitcoin is always promising and I'm sure Bitcoin can promise until the future. I do hold Altcoin but I also will not leave Bitcoin. Because I know Bitcoin can still be profitable for my life.

Bit talk
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June 04, 2018, 06:17:17 AM
 #279

yes I agree with you, if select good coins then BTC will increase if not select correct coin then take loss so its depended by investors knowledge about in crypto market  
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June 04, 2018, 06:22:16 AM
 #280

Bitcoin used to make a lot of money in the past. This is due to fluctuations in price.
The price has risen so fast. It fell so fast. They are not as fluctuating as the old. Investors are afraid of bitcoin.
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