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Author Topic: Don't hold Bitcoin for long time.  (Read 10695 times)
Turkish88
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July 06, 2018, 05:21:16 AM
 #581

Interesting thing. You mean dont hold even price double down.
What to do then peoples who buy at 20-16k at january?

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GeckoTrader
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July 06, 2018, 05:25:37 AM
 #582

You only presented the one side of the scenario. We all know the fact that when bitcoin price will go down the effect on alternative coins just like bitcoin cash will have a bigger effect so for example if bitcoin price will go down at -10% then bitcoin cash is probably down @ -15%
nyerok
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July 06, 2018, 05:46:36 AM
 #583

It depends on you, if you sell it now you will lose. Because the new market is sluggish, and if you you sell it it will not benefit you. So hold on until the market improves
malah
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July 06, 2018, 05:55:50 AM
 #584

I think holding or selling or swapping it to altocin depends on your knowledge of crypto and how your strategy to get profit at the price is currently down, if you believe in it then do it and you will learn from your experience

goodlucktoyou
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July 06, 2018, 05:57:30 AM
 #585

bitcoin is the most reliable coin ever since 2009 . during the decade , bitcoin prices have changed from zero to $20000 . but during this period many altcoins have disappeared . i will hold bitcoin for a long time
mkn2030
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July 06, 2018, 06:00:51 AM
 #586

I don't think the same thing as you. I think Bitcoin is the cryptocurrency of long-term investment, because I think Bitcoin will not rise much in the short term. Bitcoin is the most valuable cryptocurrency and the most stable cryptocurrency. It has a high long-term investment value.
hidrocop
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July 06, 2018, 06:01:42 AM
 #587

Bitcoin is still very profitable compared to 1 year ago, I think bitcoin need holding, altcoin can be wrong to keep. I am gathering ethereum and bitcoin
nikotengik
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July 06, 2018, 06:07:21 AM
 #588

I prefer short-term investments, because it provides a quick profit and not too long wait.
and for bitcoin I think is good for long-term investment.
because the movement of bitcoin price increase is very slow. and it takes a long time to experience an increase.

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Davido1174
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July 06, 2018, 06:15:08 AM
 #589

Bitcoin is the king of cryptocurrencies and at the current price in my opinion is to be purchased and kept at least six months. Even for the alt coins you can use this strategy, because the market has fallen a lot, and I think in the coming months there will be a good recovery that could give, to those who have a little patience, good earnings
zhineng2030
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July 06, 2018, 06:17:47 AM
 #590

I think Bitcoin can still be held for a long time. It is unique and special. There is a very large collection value, and the total amount is constant, and the future value will only get higher and higher.
kimhong1131997
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July 06, 2018, 09:33:01 AM
 #591

Yes, you are right! But how you think when the Bitcoin price drop, all the market drops, when Bitcoin price rise up, the altcoin still decline? Altcoins price may be zero in someday, but I don't think Bitcoin price will zero.
thuthi7
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July 06, 2018, 11:11:11 AM
 #592

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.
superstarbtc
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July 06, 2018, 11:18:19 AM
 #593

we should all coins   not only bitcoin we should bitcoin ether and other altcoins and when we find the market is going downtrend we should convert these coins in USTD to safeguard our account
raybut37
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July 06, 2018, 11:19:30 AM
 #594

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 ?

For me I prefer to hold both alt and bitcoin because both cryptocurrency plays very important role in the market but the time of holding is really depends on the investors and the status of  the cryptocurrency in the market.
brookff
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July 06, 2018, 11:30:12 AM
 #595

Certainly Altcoins because BTC market cap too high for me.IF I hold some great altcoin that market cap below $500m that coin can go 2x or more.
123pogi123
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July 06, 2018, 11:30:36 AM
 #596

must settle for trading. if you know that your holdings are rising you will convert that so you do not lose.

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afterdark
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July 06, 2018, 11:36:34 AM
 #597

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 ?

Unfortunately, there can not be ideal conditions in the crypto market. You can make a mistake with choosing a coin and lose your deposit. I think that we must diversify our risks. In the portfolio you need to keep several different coins. It is difficult to predict what will grow and what will fall.
mario00
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July 06, 2018, 11:54:20 AM
 #598

Price of Bitcoin is going to shake the market soon, when it goes back up, and trust me, you wouldn't want to miss out on the sky rocketing. So it's only advisable that you hold on to the coin as long as you want to. The market has experienced so much blood this season and the greens are coming soon. If you are only holding for short term, you might miss out on the greens, or make less profits.
Bendz
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July 06, 2018, 11:58:43 AM
 #599

Very good suggestion, I think if divided into several coins then the result will be more. But the problem is choosing a good alt coin that has a future prospect. I just found out a really good coin alt new ETh coins, for others I still have doubts.
sorehammer
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July 06, 2018, 12:13:51 PM
 #600

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 dont agree with you,BTC is the only most reliable coin which can be held for a long time.Suppose last week BTC price was $5700 and right now is $6600 see the difference.Always analyze the situation and then decide.Many other altcoins like ETH,LTC,EOS,ADA,NEO can also be held for long time.

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