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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
rlm42
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July 17, 2018, 11:58:43 AM
 #761

A little incorrect market research, in my opinion. At first, don't hold a mono asset. Secondly, again, my opinion, it is not worth keeping all crypto for longterm In the third, exchange bitcoin asset into alts is not a very clever move. Risks are so high, bitcoin provide some safe among other cryptocurrency.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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PaduabAz
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July 17, 2018, 12:02:45 PM
 #762

I think it is smarter to hold btc as opposed to bch, in light of the fact that discussing ubiquity and wellbeing, it is better all an opportunity to hold bitcoin. Despite the fact that bch is likewise a decent crypto coin yet the examination is much a long way from every status as a piece of digital money coin. Bitcoin is an extremely well known coin, and it is the best coin of all cryptographic money coins, so the better coin we holds it will likewise returns of better pay.
Zebrodok
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July 17, 2018, 12:06:30 PM
 #763

I'll hold my briefcase until the last . I really hope I'm not wrong. )
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July 17, 2018, 12:12:51 PM
 #764

Your points here is good but you should also take into consideration if the altcoins fall you loose bitcoin as well. It will be good to have range of coins in your wallet.
samuellim853
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July 17, 2018, 12:20:42 PM
 #765

Your post is complete nonsense lol. Obviously the gains are slower but then so are the losses. Altcoins are down twice as much as BTC.
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July 17, 2018, 12:21:25 PM
 #766

This is not a good advice in the sense  that no one knows how long it will take BTC before its price rise up. For me, I will hold it as long as it takes BTC price to be exorbitantly high in the crypto market. Don't as well be afraid of its future, for its future is bright.
drrekkty
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July 17, 2018, 12:28:50 PM
 #767

My opinion is that now invest in bitcoin can only investor with very strong nerves, or someone who is able to invest and forget about it for a couple of years.... for it is not excluded that in the near future there will be a very significant drawdown (at least twice or three times ), and most likely it will be
Orrechorre
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July 17, 2018, 12:38:52 PM
 #768

Yes, you are right and I agree with your suggestion and also think if you are very careful enough to make good selections of altcoin to invest in, they are better because their value will change other than bitcoin but on the other hand, I think altcoins are very good for trading than holding. I believe it is good to hold both bitcoin and altcoin for long term to earn reasonable profit.
dadanpradana
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July 17, 2018, 12:39:11 PM
 #769

Bitcoin also stood because the refferal in all countries receiving Cryptocurrency on its basis was open to Bitcoin, not to Altcoins.

so when you buy BitCoin CasH, do not fully use your Bitcoin, because Bitcoin Cash is just Altcoin the same thing with his other altcoin.
spike420211
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July 17, 2018, 12:41:05 PM
 #770

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?

In this case there will be nothing left but to write another post on btt about how you regret what mistake you made.
If you are an experienced trader then use your assets in the current market and trade. If you are an ordinary person just hold.
alealeal
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July 17, 2018, 12:47:47 PM
 #771

I think Most of your investment should stay on Bitcoin. The rest of investment stay NEO BCASH or any coin of top10 coins.
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July 17, 2018, 12:50:44 PM
 #772

It is an interesting example, but you need always to be confident in your exchange cryptocurrency, if you will exchange into the cryptocurrency which will fail and the price will decrease, instead of having more of Bitcoin you will have less of it.
Prosperityforall
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July 17, 2018, 12:53:03 PM
 #773

Well, I think this is a good strategy, but you have to select top 20 alts in order not to lose your money and it is better select some coins for your portfolio. In general idea is clear
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July 17, 2018, 12:54:33 PM
 #774

It depends. Depends on how much the longtime you mention is. People usually invest in long-term like 3 months - 5 months since they know that bitcoin can fluctuate every second. If you wanted to hold bitcoin in a very very super duper long time like 10 years, you can expect more money in your pocket.
vanan
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July 17, 2018, 01:02:09 PM
 #775

why do you forbid to hold bitcoin for long periods of time? In my opinion, if you know the future and its potential, you will have to keep the BTC as long as possible.
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July 17, 2018, 01:17:43 PM
 #776

Your post is complete nonsense lol. Obviously the gains are slower but then so are the losses. Altcoins are down twice as much as BTC.
Because of one reason, it's bitcoin who is dominating the market.
I disagree with the statement that bitcoin is not good for long term hold because bitcoin is the best coin as of now and in terms of long term potential, it's leading the race.

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efodix
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July 17, 2018, 01:19:29 PM
 #777

Your post is complete nonsense lol. Obviously the gains are slower but then so are the losses. Altcoins are down twice as much as BTC.
Because of one reason, it's bitcoin who is dominating the market.
I disagree with the statement that bitcoin is not good for long term hold because bitcoin is the best coin as of now and in terms of long term potential, it's leading the race.
I agree with you - bitcoin is like a crypto gold, and big wallets tend to hold a lot of bitcoins and even buying more these days, so they are like smart money and wise enough to understand what they are doing.
sabelakudri
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July 17, 2018, 01:59:05 PM
 #778

I just think now, if the concept you convey will be more profitable, even that does not affect the fall of the price of crypto. and we still get a profit.
santino11
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July 17, 2018, 02:00:45 PM
 #779

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 is true, you can hold some bitcoin but if you have a coin that has the best potential to grow you can trade it.
look, that coin can grow with bitcoin price and as we are waiting for the bitcoin to rise, we should rest our money on alts not with bitcoin.
iancortis
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July 17, 2018, 04:09:23 PM
 #780

as of my experience trading in a whole year, my self is creating own strategy that holding btc for the whole year is not good to gain and it cannot maximize your profit, so therefore its better to make a time base for selling and buying btc in the whole year cycle. just only my thought. 
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