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Author Topic: Don't hold Bitcoin for long time.  (Read 10754 times)
zamani12
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June 21, 2018, 02:43:28 PM
 #381

you can actually hold your bitcoin for long, but arriving at that decision should depend on the market analysis and projections that must have been done before you can take such decisions. when this is done you will now decide whether or not to hold for long or not.
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June 21, 2018, 02:52:42 PM
 #382

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 ?
we know that hold is gold.But sometime crypto market gone down and down  than all altcoin must be down no doubt. But I think real project never dump always like as waves,eth,aion etc but everything depends on  btc price.So when bitcoin dump this time only buy and than sell its high

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yanlei2002
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June 21, 2018, 03:14:33 PM
 #383

I think you're wrong. Bitcoin has been growing for several years and I see absolutely no reason for it to ever end , I mean growth

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June 21, 2018, 03:28:13 PM
 #384

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 doesn't make sense.  While BCH distribution was initially tied to BTC (10:1), they are no longer tethered.  So you really just have to invest in the coin that you believe has most long-term potential (assuming you plan to hold).

In my opinion, there is a place for Bitcoin in every portfolio, because the market still very much goes as Bitcoin goes.  The current altcoin bear market can be directly attributable to the drop in Bitcoin's value.  Similarly, the bull market at the end of last year was directly attributable to the spike of Bitcoin to $20k. 

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June 22, 2018, 02:28:40 PM
 #385

Each form of money should work every day, even every minute. If you just hold money without investing, you will have lost the potential amount of them. So don’t hold money for a long time, including BTC, to earn much more.
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June 22, 2018, 02:39:50 PM
 #386

If you can't trade or invest then holding a coin, especially bitcoin, you can make a good profit when the coin goes up.
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June 22, 2018, 02:43:34 PM
 #387

everyone chooses how to trade himself. for example, I'd better buy the old 1 bitcoin and wait for its growth. for me it is a more reliable option. and it is easier to trade every day than to wait for months of small profit
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June 22, 2018, 02:47:45 PM
 #388

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 i get your point here,and upon calculating seems like youre right because if i had bought other coins those lower prices i guess my folio is gaining now.i have believed in holding for long but now had some more good idea than that.

I remember theres almost same topic i have read in past but i didnt buy hes idea and now this is the second time i may take this to apply in my strategy
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June 23, 2018, 11:16:55 AM
 #389

I think, maybe you are right, it is better to use the capital to trade or follow the legitimate ICO. once the market goes down you can get a chance.
Buy alt and hold coins to reach your target. Good coins never give you a loss. So do some research first before investing.
 
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June 23, 2018, 11:28:50 AM
 #390

If you have times and skill and how to trade crypto, for the better use that BTC for trading, price of Bitcoin and all altcoin is high volatility so we can make much profit from it if we hace good trading strategy and better risk management.

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June 23, 2018, 11:33:36 AM
 #391

No matter how low it has reached. From my understanding bitcoin has reached such a level with the trust people has developed over bitcoin. People who have known the true fact about the cryptocurrency market will not tend to sell it out. Holding is the best practice one can do to overcome the loss.
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June 23, 2018, 11:38:02 AM
 #392

You better get a profit by buying a coin every day that is better in my opinion because it is very dangerous to invest long-term in crypto because everything will happen for the price of coins. You will lose if you are not good at looking at opportunities let alone for the long term.
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June 23, 2018, 11:40:49 AM
 #393

Right now I'm more interested in Altcoin.
I think Altcoin is better than Bitcoin.
Now Bitcoin is often priced down and this is very worrying.
I think if you choose Altcoin with good specs and choose altcoin correctly then you will avoid dump and you will get a lot of profit.
Many are experiencing disappointment in Bitcoin and subsequently many are exchanging to altcoins that have good potential.
Urbanbypas
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June 23, 2018, 11:41:30 AM
 #394

Bitcoin is now falling and it is necessary to sell it to minimize its losses. Yesterday bitcoin updated the minimum price in 2018 and I am sure that the cost will continue to decline.

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June 23, 2018, 11:44:31 AM
 #395

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 ?
Hold BTC or altcoins depends on the market. The market now all red. when you convert from BTC to BCH will be the same value. You will make profit if you hold USD. All coins red and buy one at the lowest price. Wait and the coins will grow, it is also the same as you buy BTC. Now USD is stronger than BTC.
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June 23, 2018, 11:51:11 AM
 #396

The maximum number of released Bitcoins will not exceed 21 million (the last coin will be released in the distant 2139). This gives grounds to state that the crypto currency will not be exposed to inflation due to the release of more and more new coins. Limited issuance Bitcoin gives hope for its potential resistance to inflation. Real money is printed daily and so inflation occurs, so every year, all goods are gradually becoming more expensive.
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June 23, 2018, 11:55:16 AM
 #397

Well, there is some sense in what you Say, but whats the essence of holding if not value addition?  id rather have BTC with high value than a number of Alts, doesn't make any difference, Besides, getting the good alts is the whole trouble, most of them is just a gamble, and they are more volatile even more than BTC in the long run, your idea will work perfectly fine for a trader, but for a holder, id rather hold BTC

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June 23, 2018, 11:56:25 AM
 #398

I think that a few bitcoins need to be kept for a long time, I think that in the future it can reach 1 million dollars apiece, it will be a very good surprise, but if it falls then not so much money you lose, it's very simple
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June 23, 2018, 11:56:44 AM
 #399

everyone chooses how to trade himself. for example, I'd better buy the old 1 bitcoin and wait for its growth. for me it is a more reliable option. and it is easier to trade every day than to wait for months of small profit

For me holding bitcoin in long term will give me a huge profit, because I know after a couple of months bitcoin price will increase and it can reach again a high price.
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June 23, 2018, 11:59:07 AM
 #400

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 ?
Hold BTC or altcoins depends on the market. The market now all red. when you convert from BTC to BCH will be the same value. You will make profit if you hold USD. All coins red and buy one at the lowest price. Wait and the coins will grow, it is also the same as you buy BTC. Now USD is stronger than BTC.

I think I agree because with your opinion on whether to hold bitcoin or altcoin because the rate which it will grow or fall depends on the market and the beauty of crypto is when the price of your coin is going high and you can earn meaningful profit by the time you sell it.  

 
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