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Author Topic: Don't hold Bitcoin for long time.  (Read 10697 times)
thanhtux92
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August 30, 2018, 04:08:01 AM
 #1561

For me, Bitcoin is the best coin to hold for a long term. As we know bitcoin is the major and very reliable in crypto currency. If you know the history of bitcoin over the years, you will see how bitcoin is strong for holding.
Mrking112
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August 30, 2018, 04:18:05 AM
 #1562

Not only bitcoin, all coin that you spend money to invest, you have to understand about them, lack of knowledge will make you lose money, that is the rule. How long it takes depends on the time, the general situation of the market. As long as you stay calm and do not rush.
Dianaarrah
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August 30, 2018, 04:21:50 AM
 #1563

It's only depends if you bought your bitcoin for roughly $10k so you should wait for the value to reach it again and that's what you call longterm hold. Because your waiting again for your money to get back or make a profit.
wooiuy
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August 30, 2018, 04:22:14 AM
 #1564

No, I don't think so. I think Bitcoin is a long-held cryptocurrency. And Bitcoin is very suitable for long-term investment, because its value will not be reflected in a short period of time.
xulun3818
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August 30, 2018, 04:23:30 AM
 #1565

I think Bitcoin is worth investing, and the risk of investing in it is very small, and holding it for a long time will be a very good choice.
Feelgirls
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August 30, 2018, 04:38:11 AM
 #1566

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 don't agree with you, bro
BTC is the only most reliable coin which can be hold for a long time
always analyze the situation and then decide
aiannejacob
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August 30, 2018, 04:42:48 AM
 #1567

It is your biggest mistake if you hodl bitcoin because whales are manipulating this coin much better if you do swing trades
dkkoi5
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August 30, 2018, 04:48:00 AM
 #1568

I think Bitcoin is a long-held cryptocurrency. The value of Bitcoin is high, and its value will not be reflected in a short period of time. And this year's encryption market is very bad. The price of Bitcoin has fallen very badly. I think we should have enough patience at this time and wait for the market to pick up.
rachelia13
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August 30, 2018, 06:30:36 AM
 #1569

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 agree with you. I also don't like long-term investments because i also make money by buying and selling by following market prices. In my opinion, long-term investment for the current time is not suitable because market prices is volatile, besides that we lose the opportunity to get profits more and more. If the price goes up maybe our bitcoin is high value, but what if the opposite? Our bitcoin or altcoin will be reduced value too. It's better to buy and sell altcoin or bitcoin to get a profit.
keepandhold
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August 30, 2018, 06:36:10 AM
 #1570

I agree with you, but in reinvestment I do not use bitcoin. I just sell altcoins at the height of growth and buy other promising altcoins that are undervalued.
charlbrown
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August 30, 2018, 06:41:52 AM
 #1571

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
travelgear17
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August 30, 2018, 06:42:02 AM
 #1572

Bitcoin may be stored for a long term, however I agree that you usually want to diversify the risks, and do now not keep all the savings in one coin, although it's miles bitcoin.
oriremeji
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August 30, 2018, 06:49:22 AM
 #1573

For me hodling BTC is another shape or making benefit. It's been more steady than different coins. It has been dropping in cost, 5% as of late. In any case, I believe it's still more gainful to hodl it over the long haul than freeze offer at this point.
Trail22
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August 30, 2018, 09:04:32 AM
 #1574

yes it's true, it will be more profit if you trade every day with bitcoin. because bitcoin is a very profitable coin, it's a pity if you just keep it quiet for a long time. it's better to trade with bitcoin every day and that will provide greater benefits.
Nanagyasi
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August 30, 2018, 09:08:52 AM
 #1575

This is simple and easy way to increase your earnings but the fact is that, what shows that the altcoin you buy rises up. You may end up losing part of your investment as well so it has to be done with some level of trading experience to avoid making wrong investment

kyle999
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August 30, 2018, 09:49:39 AM
 #1576

I also do not hold my bitcoins for a long time because the price drops so much today as I think the price of bitcoin will increase in the future but I'm afraid I see losing my profit. Grin
kaizerwald75
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August 30, 2018, 09:58:44 AM
 #1577

Holding bitcoin for a longer time period is always profitable, but it'll be a solid earning after a long time period. To get a stable earning regularly it is good to make use of into trading whenever there is certain level of fluctuation. This will let you get a bigger earning on the go than earning after a long time holding.
Orangeko
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August 30, 2018, 11:52:06 AM
 #1578

I think it's a very good coin.that never will give you losses . My opinion is that most of your investment should stay on Bitcoin. Unless you want to take the risk.that Bitcoin is your coin .
xianfei22
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August 30, 2018, 11:52:41 AM
 #1579

No, I think Bitcoin is a long-held cryptocurrency.
GreenSeem
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August 30, 2018, 12:24:23 PM
 #1580

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 ?
Yeah, i think it's a good strategy for traders, to increase revenue, but we know everyone has a different strategy.
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