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Author Topic: Don't hold Bitcoin for long time.  (Read 10695 times)
galahads
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July 17, 2018, 04:27:22 AM
 #721

I think Altcoin is better than Bitcoin, at lest sometimes
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 so rhats it what i think
Invester
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July 17, 2018, 04:32:23 AM
 #722

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 has already been thought of earlier. This is the reason why even if I am an avid fan of Bitcoin and of hodling it, I always make sure that I am also hodling the top altcoins. This will be a strategy for your portfolio to remain good even if either altcoins or Bitcoin is going down. But if the entire market is in blood, you cannot do anything about it anymore. And then, I would also like to add that you make the basis of your portfolio's value in BTC and not in USD.

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duoworld
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July 17, 2018, 04:35:06 AM
 #723

I think what you said makes sense.
But I personally don't do this. I personally think that holding Bitcoin is the safest currency.
All altcoins can disappear overnight but bitcoin does not. If Bitcoin disappears then all the altcoins will definitely disappear.
I personally only believe in bitcoin.
EmmettBrownRu
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July 17, 2018, 04:42:28 AM
 #724

For long-term storage, there is nothing better than bitcoin. After all, it will always be the top one for large funds and investors. Since it is the most liquid.

Ucupers
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July 17, 2018, 04:42:56 AM
 #725

I think it could have been because the longer it also happens that BTC will go down. But there are still many people who believe that BTC will be back to skyrocket. And if that happens it will be a lot of people who benefited and Altcoin will also join the growing.
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July 17, 2018, 04:46:17 AM
 #726

Bitcoin is the most real analogue to ordinary money. Its fall is temporary, it will take off very much, one day we will all see it

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clarkt
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July 17, 2018, 04:48:32 AM
 #727

Holding Bitcoin for long term as proved to be a successful strategy over the years.  Bitcoin does better in long term hold.  Bitcoin is cheap right now compare to what the price was late last year,  this is the time to buy and hold.

454875kio
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July 17, 2018, 04:50:14 AM
 #728

If you're investing in bitcoin during a bull market, I advise you not to hold it for too long. The best time to invest in bitcoin is in a bear market. The best time to sell bitcoin during a bull market.
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July 17, 2018, 04:51:16 AM
 #729

I don't see your logic??? the whole point of holding Bitcoin is not to increase the amount of Bitcoin you own but as a store of value that is increasing against your FIAT alternative which is dropping in value day by day due to pressures like inflation. If you want to increase the amount of Bitcoin you own then try trading it instead buying dips and selling rises.

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July 17, 2018, 05:00:22 AM
 #730

Yes you are right, it is better to use capital for trading or to follow the legit ICO.

It's look like highly risk now to invest on ICO.  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.
in addition to long-term, we can also use Bitcoin for the short term. Bitcoin is also very capable of generating substantial profits with us using it in the short term. as trading is also very capable of generating substantial profits.

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July 17, 2018, 05:03:23 AM
 #731

I like for holding bitcoin long term because I have seen how much bitcoin value increase by holding for long term, I have check how much bitcoin price last 2015 years about $200 and now how increase of bitcoin price until to $7,000. We can imagine how much could take profit by invest or hold bitcoin for long term. many people was rich by hold their bitcoin in long term.
karthcrypt
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July 17, 2018, 05:05:52 AM
 #732

I do not see reason why bitcoin should not be held for as long as it needed to be.  Bitcoin is legit and bitcoin is been used daily in international trade and remmitance.  The value of bitcoin is subject to demand and supply and as more people use bitcoin,  the price will rise.

TobiasVR
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July 17, 2018, 05:06:42 AM
 #733

I think what you said makes sense.
But I personally don't do this. I personally think that holding Bitcoin is the safest currency.
All altcoins can disappear overnight but bitcoin does not. If Bitcoin disappears then all the altcoins will definitely disappear.
I personally only believe in bitcoin.
at least although bitcoin has a great risk for long-term hold but bitcoin may be better than other altcoin. bitcoin still has great potential when held long term and certainly can pump bigger than current price.
Gabteb
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July 17, 2018, 05:08:51 AM
 #734

With this logic then why you need to buy BCH go and buy Onion for example very good privacy alt ,which would give you much more profit in future than 1 BTC .


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drevorub
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July 17, 2018, 05:09:02 AM
 #735

I still disagree. Bitcoin is very profitable. And I'll keep him going.
QueenW
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July 17, 2018, 05:09:45 AM
 #736

I do not see reason why bitcoin should not be held for as long as it needed to be.  Bitcoin is legit and bitcoin is been used daily in international trade and remmitance.  The value of bitcoin is subject to demand and supply and as more people use bitcoin,  the price will rise.
This is an undeniable truth. You need to buy when everyone sells (for example at the present time) and sells when everyone buys (for example, as it was in late December or early January)

 
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ppppph35
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July 17, 2018, 05:14:58 AM
 #737

I do not think so
I think it is safe to hold Bitcoin for a long time.
Investing in its profits is no less than altcoin, it is safer than the altcoin. I feel that I can make money now. And it is also safer. I will choose bitcoin instead of other altcoins. After all, the amount of investment is huge.
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July 17, 2018, 05:17:53 AM
 #738

I think the time now is a good time to keep bitcoin. There is no reason not to keep a bitcoin at the moment, for me bitcoin is the best currency for long term investment, it has great potential and has very high potential

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July 17, 2018, 05:22:10 AM
 #739

I think hold Bitcoin is one of the right decisions , it can bring a very large profit
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July 17, 2018, 05:26:52 AM
 #740

I think if you choose Altcoin with good specs and choose altcoin correctly then you will avoid dump and you will get many advantages so rhats it what i think. Now Bitcoin is often worth down and this is very worrying. So do not just focus too on bitcoin alone, because it is very risky in investing.
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