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Author Topic: Don't hold Bitcoin for long time.  (Read 10695 times)
Bay_Harbour_Butcher
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August 12, 2018, 08:42:00 AM
 #1201

I disagree with you, because when the BCH goes up, of course the BTC will also go up, so the BCH whose exchange rate uses BTC will rise equally, but are you sure BCH will forever rise? of course not, everything can happen in cryptocurrency, BCH can be decreased while BTC continues to rise, or BCH can end up like bitconnect. all things can happen and equal risk benefits

feelideb
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August 12, 2018, 08:45:38 AM
 #1202

As much as we love to see bitcoin been adopted, fiat currency will still be here for a long time to come and the truth is you will still need fiat for transaction that you cannot carry out using bitcoin. If bitcoin increase in dollar amount, that will still be a good thing.

bitcoinvestor
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August 12, 2018, 08:55:21 AM
 #1203

Not good to put asset in one basket, Not good to hold only one coin. i have bad experience doing that. I hold most my coin in MNX. When MNX is 30 USD, I don't think to invest in eth or BTC. Now MNX is only 7 USD. I lost a lot of profit because of that. Since the experience I would split my asset into some stable coins at least top 10 coins in coinmarketcap.
SarahAfiah
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August 12, 2018, 08:59:03 AM
 #1204

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 ?
it is only a calculation that is not in accordance with the current market situation. It needs to be calculated also how the market changes for the next 1-2 years because many markets and altcoins are popping up, of course Bitcoin is the right choice to take advantage of every money we can compare to altcoins that have not been tested in the long run.

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Sunyoto
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August 12, 2018, 09:02:13 AM
 #1205

to hold bitcoin in the long run, for us will also get more profits next year, because the development of bitcoin prices every day also increases
firewa
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August 12, 2018, 09:05:46 AM
 #1206

After reading the post, I calculated it carefully and found that what you said is justified, but what you may not know is that the safest currency for cryptocurrency is bitcoin. In my opinion, Bitcoin cash is just a fork coin of Bitcoin. Its value will never exceed Bitcoin. My choice is still bitcoin, it is worth waiting patiently. And getting more people know is bitcoin instead of bitcoin cash.
trudovik
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August 12, 2018, 09:06:30 AM
 #1207

It seems to me that you are mistaken in that the BTC does not need to be stored for long. It seems to me that this should be done because the BTC always rewards those who can handle the BTC coinage for a long time.
JessicaMcDonnell
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August 12, 2018, 09:10:07 AM
 #1208

You should not keep large amounts of bitcoin in your body. Because you can not know when their value will increase or decrease. When you have a chance, you should sell some Bitcoin, but do not sell it. You should keep some to invest in other projects
martin1221
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August 12, 2018, 09:13:05 AM
 #1209

They are both good if the prices in the many markets will go green mate. Just wherever in both of them you may take profit. It depends on which part you are much more confident to hold with. Hold into bitcoin or into bitcoincash mate.
kunsilee
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August 12, 2018, 09:15:40 AM
 #1210

It seems quite reasonable, then you keep continuing to convert btc to bth, and I keep holding my btc. Look who is the winner 5 years ago.
CryptoVal13
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DOMINIUM - Decentralised property platform


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August 12, 2018, 09:20:44 AM
 #1211

BTC is always good for holding, if you could keep part in it and the other ones in alt for trading, it would be easier to make profit.

http://DOMINIUM.me
Decentralised, regulated, property financing, property listing and property management platform
cesdujem
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August 12, 2018, 01:59:09 PM
 #1212

To what extent is long time? At some point in a year, the cost of the bitcoin pump high which empowers its speculators to bring benefits before it go down once more. These speculators have invested months sitting tight for the bitcoin to go up once more. I used to hold bitcoin inside a year until the point that it would wind up bullish again and offer it when it achieve its most astounding cost of the year. The main quarter of the year is generally a bearish quarter and that the privilege for me to purchase bitcoin again at its most reduced cost.
kamasino
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August 12, 2018, 02:34:28 PM
 #1213

But in my opinion, keeping the BTC for a long time will bring big profits for us, the market will increase again at the end of this year, the price of coins will increase and you will become BTC millionaire
mmo_online_1981
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August 12, 2018, 02:51:10 PM
 #1214

It's hard to say exactly how long it is, actually, digital money investment is very attractive but the risk is really great!
Be careful when deciding to join any project!
Cangkeman Wae
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August 12, 2018, 02:55:45 PM
 #1215

BTC is always good for holding, if you could keep part in it and the other ones in alt for trading, it would be easier to make profit.

Bitcoin takes around 8 years to reach the price of $ 15k, I'm sure that the price of bitcoin will be more expensive and 10 years from now it seems that the price of bitcoin can reach $ 1 million.
xyj790204
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August 12, 2018, 02:57:49 PM
 #1216

I don't agree with you. I think bitcoin is a coin that has to be held for a long time. Don't forget how much it has increased in the three years from 2014 to 2017. So I think if the bitcoin can not hold for a long time, your profits may be very low.
thaoni24
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August 12, 2018, 02:59:52 PM
 #1217

The price of the coins depends on the bitcoin, but when all of them and bitcoins are down, I think USDT should be able to keep the situation going.
KrisAlex18
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August 12, 2018, 03:00:34 PM
 #1218

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 ?
Holding is a good thing whenever pumps are occuring but using it too much or abusing it may lead you to different risks. Holding bitcoin is much advisable right now but if ever the value rises already once again, stop holding to avoid loosing what you already have. For altcoin, holding is a different thing compared to bitcoin so be smart about it.
gorokill
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August 12, 2018, 03:04:10 PM
 #1219

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 ?
Yes you are right, it is better to use capital to trade or join a legitimate ICO, or can buy coins that have just been listed on the exchange because the possibility of profit is greater than just holding Bitcoin but this is not easy, it requires good analysis and luck because now lots of ICO scams and coins that don't move or coins die.
A7373
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August 12, 2018, 03:17:53 PM
 #1220

You need to be able to distribute your assets in different currencies - this is the key to success.
Very often after listing on the exchange, the coin falls instead of  grow up.
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