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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
axiline
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August 21, 2018, 12:16:05 PM
 #1441

I completely agree with you, but I still believe that by the end of the year bitcoin will cost $ 50,000 and at that moment I will start thinking about selling.)
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August 21, 2018, 12:34:06 PM
 #1442


In my opinion, this thread was late for one year. Now everything has fallen in price and very strongly, and bitcoin only 3 times. I'm wondering if the altcoins will be back now, after all, I'm on the contrary, I'm thinking of keeping some of the money in bitcoins. We see everything in history.
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August 21, 2018, 12:37:53 PM
 #1443

I reconsidered my position during this time of falling and I really think that a long wait very seriously modernizes the mind, all the same bitcoin should work, if you are a trader, you will support me.
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August 21, 2018, 12:39:53 PM
 #1444

I reconsidered my position during this time of falling and I really think that a long wait very seriously modernizes the mind, all the same bitcoin should work, if you are a trader, you will support me.
well, if you have found profit for bitcoin that you hold, it might be very good to sell it. sometimes holding bitcoin too long, you can lose the opportunity to get profit like last year.

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August 21, 2018, 12:41:31 PM
 #1445

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 ?
You may be right. Constant trading is somehow the best option.
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August 21, 2018, 04:38:59 PM
 #1446

I reconsidered my position during this time of falling and I really think that a long wait very seriously modernizes the mind, all the same bitcoin should work, if you are a trader, you will support me.
well, if you have found profit for bitcoin that you hold, it might be very good to sell it. sometimes holding bitcoin too long, you can lose the opportunity to get profit like last year.

I agree, holding bitcoin is not always effective because once you see that the price of bitcoin increase then it's time to sell it and wait for another dump to buy again ,in that case you already have profit.

 
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Lab_Rat
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August 21, 2018, 05:46:15 PM
 #1447

Bitcoin trading is a good story for green market only. When cryptomarket is red you will lost your money and you will lost your health. Long term holding it is the best way to gain profit from cryptocurrency investments.

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August 21, 2018, 07:11:03 PM
 #1448

It is necessary to distinguish between trading and investing. Holding is the investing strategy.

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August 21, 2018, 11:55:31 PM
 #1449

I still believe in holding either bitcoin or other altcoins. For those who also deal with fiat, they can also hold bitcoin. So if it increases in dollar value, it can be sold into fiat.
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August 22, 2018, 12:14:40 AM
 #1450

While your contention is substantial, that does not implied that we ought not hold bitcoin when we realize that bitcoin is the coin that becomes the most. Despite the fact that your cash becomes just in USD as you have featured, it is still a considerable measure of cash when bitcoin develops. We are as of now expecting the following positively trending business sector to get to double the past ATH which is a considerable measure of cash regardless of whether you are holding only one btc.
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August 22, 2018, 12:35:23 AM
 #1451

Bitcoin is great for being a long-term investment asset because its value is bound to increase in the future. different from altcoin, you can choose some potential tokens to use as short-term trades to gain profit in today's ever-declining market situation you can earn profit.
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August 22, 2018, 12:41:52 AM
 #1452

Why?? Bitcoin long term HODL is tje great idea!! Thats alñ recomended to all bounty hunters!! Because when you HODL bitcoin for a long time is make your profit increasing more!! Who know in the futur that you HODLING  your bitcoin in to you wallet!! It will make you shock that you got 100,000$ !!!
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August 22, 2018, 01:23:30 AM
 #1453

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.

Yeah you must follow market price permanently so you can monitor and you can analyze properly when is the proper time to sell your coin, no need to hold for long time you must established your own price ceiling.
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August 22, 2018, 01:29:44 AM
 #1454

You know, holding bitcoin for a long time for people who don't have funds, or don't have the trading knowledge, is a good decision. they don't want to lose their assets. so they hold bitcoin for a long time.
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August 22, 2018, 01:33:17 AM
 #1455

I don't agree with the subject. Looking for a coin to hold for long term, then Bitcoin is the first coin to consider before any other coin. It has gained much roots and trust of several investors, and as such its recovery and rise is certain.
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August 22, 2018, 01:35:20 AM
 #1456

I do not have much experience in the crypto world, so for safety I keep bitcoin. Your argument is true, but I also do not want to risk my money.
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August 22, 2018, 01:35:35 AM
 #1457

you're right, even though bitcoin prices continue to increase. but the amount of bitcoin you have does not increase. so, it's better to use the bitcoin you have for trading.
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August 22, 2018, 01:51:08 AM
Last edit: September 14, 2018, 10:08:38 AM by Aramazdi
 #1458

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.
I think not everyone likes to buy and sell quickly, because we must always follow market prices continuously, and that's not everyone likes because it is very risky to lose if we are not good at reading market movements, so most people prefer like buying bitcoin for long-term infestations because we don't need to always follow price movements from minute to hour from hour to hour, we only need to buy and wait a year or two to make sure prices will rise,
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August 22, 2018, 01:54:52 AM
 #1459

Bitcoin is an extremely prevalent coin, and it is the best coin of all digital money coins, so the better coin we holds it will likewise returns of better pay.
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August 22, 2018, 02:20:29 AM
 #1460

I do not even think of keeping BitCoin very long term. Bitcoin's technology is primitive, unfortunately. I do not like bitcoin, because altcoins give much more profit in a short time. But bitcoin has a great advantage - it is very reliable.
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