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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
mmp95
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August 22, 2018, 02:25:15 AM
 #1461

No, I don't think so. I think Bitcoin is the cryptocurrency of long-term investments. I don't think the value of Bitcoin will be reflected in the short term. And this year's market, the price of bitcoin fell a lot. If we can't hold it for a long time, then we will lose a lot.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Kuchiyose
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August 22, 2018, 02:28:51 AM
 #1462

Strategies seem to make people hesitant to save their Bitcoin because information like this will be more worrying for beginners to sell their Bitcoin. Bitcoin isn't that easy to die and end easily.
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August 22, 2018, 03:02:55 AM
 #1463

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 ?

If you say that, you hold any coins is also the same. I agree that holding BTC will be less profit than other Altcoins but it is more safe and if you are the investor, not a people who is interest with technology, the final purpose is cash

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August 22, 2018, 03:13:57 AM
 #1464

我跟很多人一样在加密货币市场我不喜欢长期投资,对我来说长期投资这太冒险了,我认为长期投资很容易会失去我们所有的金钱,而且我认为也不要所有的金钱投资在一种货币上面,多投资几种不同的优质altcoin
wooiuy
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August 22, 2018, 03:24:19 AM
 #1465

No, I don't think so. I think Bitcoin is a long-held cryptocurrency. Especially when investing in this year's market, we will need more patience. Because Bitcoin's price has fallen sharply in this year's market, if we can't hold it for a long time then we will lose more.
shkon5
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August 22, 2018, 04:13:26 AM
 #1466

No, I think Bitcoin is a long-held cryptocurrency. The value of Bitcoin will not be reflected in the short term. The price of Bitcoin rose to $20,000 in the market last year, which is a very high price. However, the price of Bitcoin has fallen sharply in this year's market. If we don't hold Bitcoin for a long time, then we won't get anything.
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August 22, 2018, 04:27:07 AM
 #1467

No, I think Bitcoin is a long-held cryptocurrency. The value of Bitcoin will not be reflected in the short term. The price of Bitcoin rose to $20,000 in the market last year, which is a very high price. However, the price of Bitcoin has fallen sharply in this year's market. If we don't hold Bitcoin for a long time, then we won't get anything.
If someone wants you to sell your Bitcoins then it's quite easy to assume that they want your coins.
reighbut2017
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August 22, 2018, 04:34:49 AM
 #1468

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 ?

All of us have different idea but for me i prefer to hold bitcoin for long term investment because i am very confident that it will grow so fast as time pass by although its market is still very weak but we dont need to be worried.
eert
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August 22, 2018, 04:39:43 AM
 #1469

I don't know what other people think. For me, I will patiently hold Bitcoin. I don't think Bitcoin can bring money to me for a long time. I hold Bitcoin for a long time because I think Bitcoin is collectible. I don't expect Bitcoin to make money. I can earn a good quality altcoin.
jazz1984
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August 22, 2018, 04:46:24 AM
 #1470

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 gave the correct example, but it only concerns the growing market, while there is a general long-term downfall, yours 10 BCH  may fall in the price and cost as of 0.01 BTC. But you are write: "select best coin to avoid dump". The best coin is BTC))
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August 22, 2018, 04:48:55 AM
 #1471

I additionally figure we ought not keep bitcoin for quite a while. Since its cost is exceptionally irregular. At whatever point you discover a word, you should. Already I additionally kept bitcoin sitting tight for high benefits not sold up to this point its cost is low I can not in any case offer.
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August 22, 2018, 04:50:32 AM
 #1472

Why don't?  Huh Bitcoin is best coin for long term holding all the time. Despite that the purpose of long term holding is for profits, some altcoins can give bigger profits than Bitcoin, but it's hard to choose the right altcoins, so Bitcoin is best choice to hold.
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August 22, 2018, 05:25:50 AM
 #1473

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 agree with you, that it is better to invest in altcoins, this way you can get more BTC. But now all the coins are falling, and when you invest in them, you lose your Deposit, you lose your BTC, so your advice works only in a growing market.

jdkfy
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August 22, 2018, 05:27:53 AM
 #1474

Can you tell me why not hold Bitcoin for a long time? Just because Bitcoin can't bring us huge profits? I don't think so. I think that I have long held Bitcoin not because I want Bitcoin to bring me huge profits, but I think Bitcoin is very collectible.
asdalani
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August 22, 2018, 05:31:16 AM
 #1475

Can you tell me why not hold Bitcoin for a long time? Just because Bitcoin can't bring us huge profits? I don't think so. I think that I have long held Bitcoin not because I want Bitcoin to bring me huge profits, but I think Bitcoin is very collectible.
I wouldn't want to have any Bitcoins if they were not able to be used for something. Bitcoin won't stay around for that long.

 
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Jayskie15
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August 22, 2018, 05:35:11 AM
 #1476

I disagree, you cannot trust BCH it is not an assurance if BCH were not legit then sorry you probably loss and back to zero. I would rather hold bitcoin for a long time and wait the marketprice to rise up again.
yishan649997
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August 22, 2018, 05:38:45 AM
 #1477

Bitcoin cash is currently under development, and it is still unknown whether it can surpass Bitcoin in the future. But I will always hold Bitcoin.
Abigail Asi
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August 22, 2018, 06:07:04 AM
 #1478

Please can you tell me why I shouldn't hold  bitcoin for a long time?  Is it that it can't generate huge profits or what?  I don't agree with that.  Though bitcoin has a challenge in the fluctuations of its prices,  it still has potential to become great.
edwardsolo2021
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August 22, 2018, 06:09:32 AM
 #1479

Why not? As I would like to think, Bitcoin is a standout amongst the most encouraging and productive coins to hold, for the long time speculation. The trust, idea, and furthermore esteem are certain. Bitcoin might be low at this moment. Be that as it may, this first digital money is continually growing, particularly, they will be acknowledged in more businesses.
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August 22, 2018, 11:55:52 AM
 #1480

This may be an individual difference, but, like for me, holding bitkoynov for a very long time can make you become a millionaire in a very short time. Investments in the long term I prefer Bitcoin.
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