Don't hold Bitcoin for long time.

[Teal Deer]

You're absolutely right, my friend! That's why I don't keep BTC in my investment portfolio. So as on this amount I can buy a hundred thousands of any other, promising coins. Which in the future will bring me profits many times more than one BTC.

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[Djouga]

Of course, short term trading with reinvestment get more profit, and really much loss for other people...You can't be a trader in 1 month, but you can buy a bitcoin in 5 minutes, and if you believe in crypto, you know you will make profit one day.

So i can advise beginner to take time to learn before trade

[doolittle]

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 also believe that it is worth investing your $ 1000 in coins that cost about$ 1 thus I earn at x2. I'll make $ 1,000 clean. When I sell half my coins. And if the price will be$ 5 it will profit X5. This is a lot of money, you can not earn such a sum in bitcoins.

[BitindaHouse]

The author wanted to show that he is a guru of mathematics or that bitcoin does not cost anything at the moment, I'm not talking about a price list, I agree somewhere with him .. I have to give many hopes to alternative coins. It is necessary to develop all the time)

[Wabri]

I think we think about all the time our coin versus bitcoin and all the time, we stay on bitcoin. Nowadays we see the situation, alt coins lost value versus bitcoin

You are right, if we decide to stay in cryptocurrency for a long time then it is necessary that we hold a big part of our holdings on bitcoin. Everything in the world of cryptocurrency depends on the price and situation of bitcoin.

[trudovik]

If we rely on the experience that we received this year, we really do not need to do this, but if we look at the longer-term prospects that stretch from 2013, then we can say that these are good investments.

[Amafunkiest]

Bitcoin holding in a long time is actually very profitable because Bitcoin is always projected to increase along with the increasingly familiar crypto globally. This is a strategy, choosing a holding for a long time or a short time is the choice of everyone who want to invest.

[Japinat]

If we rely on the experience that we received this year, we really do not need to do this, but if we look at the longer-term prospects that stretch from 2013, then we can say that these are good investments.

Exactly, as a long term investor, we need to fully understand that every investment has it's bad days or months and as long as we believe
we will never loss our aggressiveness in investing. Crypto is young therefore it's risky but the potential to make us rich is there as long as we hold.

[maiconsr63]

Hold it in a short time of periof and sell it immediately.

[Feri577]

I think you are right if holding bitcoin for too long afraid of it happening is not in want allows us to experience loss
and once the market goes down you can get a chance. Buy alt and hold coins to reach your target nice coins never give you a loss just takes patience

On the one hand you are right, but there are still many people and maybe I am also not so crypto related and we still need the currency to pay the bills, buy something to eat and other necessities

You should be able to choose the right coin where you can invest your bitcoin, otherwise you can lose most of your investment that you have

[Xeonhp]

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 ?

But choosing BTC you will be less risky. That is why we always have to make choices. Risking to gain more or lose it all!And more importantly, find out before doing something

[cola-jere]

Trading is indeed better but many people also do not have time and patience to learn market dynamics.
Most just buy and pray.

Investment is like raising a kid, it needs to be supervised.

[Jessy Mediola]

I do not 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.

They said holding btc will make you profitable but in this case, you just loss your investment not directly. You can have short term investment than long term because for me bitcoin now is not good in long term holding, maybe in short but the value is not pleasing. So better to spread it in many coins so you have more chances of having income.

[ggh0stt1]

In my opinion, this is the best strategy, that bitcoin should be held for a long time (1-2 years). This gives better returns than altcoins. It has already been proven many times. At this time Bitcoin is available at very good prices, so it is time to buy and hold bitcoin.

[ptraf]

Cant see any reason not to hold BTC for a long time. I bought most of mine BTC for a price of 8 000$ and miss the oportunity to sell it, but i am pretty sure it will be 20 000$ in future again.

[bayudndy]

I dont thing about long term investment on bitcoin, i do some speculation buy selling constanly. But its true if u buy 1 bitcoin its shame.

[oOVVVVVVVOo]

I keep my money in altcoyins because they are not so expensive. After all, the price of several thousand Bitcoin is too big and can be prohibitive.

[pdutta]

In my opinion, holding bitcoin for long term gives good returns because holding is the best strategy for good return. We know that Bitcoin is the king of cryptocurrency and bitcoin is the first cryptocurrency in the world and it has already created its own value.

[baby222]

I have always thought that it is important to hold bitcoin even though you decide to hold altcoins. Don't sell your entire amount of btc. Sell only half and buy altcoins with it

[Papaczed]

I'm not sure when I hold it for quite a while to expand the sum I don't have the foggiest idea about that we realize that the estimation of bitcoin drops after you have a hold it can get lost so you should be insightful to put resources into the crypto so you don't lose it and for you to get a great deal of cash.

I agree with that. We should not hold bitcoin for a long time I think we should hold bitcoin only if it is necessary. When there is a price decline, this is time when we should hold for the reason that it would help us to avoid losses when it come to our profit.