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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
John1122
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September 01, 2018, 10:52:25 AM
 #1681

I think its good to hold bitcoin for a long time, because its most safe and we will sure that we can having a profit. Do not worry to hold bitcoin, because the price will rises, and its very safe to hold even if for a long time.
hohuan101
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September 01, 2018, 10:57:53 AM
 #1682

BTC is very profitable coin for long time investment. You can seen price of BTC yearly increasing. Today BTC price is $7076. I believe BTC price will be hit 20K to 30K end of the year 2018. So you can buy and hold it.

Yeb. Compared to other coins, it is safer to invest. When you hold cheap coins, of course, when they increase the price you will be more profitable, but it is very risky
Alex Foman
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September 01, 2018, 11:09:53 AM
 #1683

I think this is due to the fact that Bitcoin is subject to legal and regulatory risks. This will come from the actions of state authorities. Which will seek to establish the legal status of the crypto currency and the rules for its use.
Crypton2018
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September 01, 2018, 11:12:47 AM
 #1684

In the future 3-5 years Bitcoin is likely to remain a toy of the cryptocommunity. but in the long term it is likely that it will be universally recognized worldwide. It will most likely be an alternative to gold. so to speak digital gold.
travwill
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September 01, 2018, 11:14:44 AM
 #1685

I'm not in the favor of holding any cryptocurrency to much long. Let me give an example, Let's suppose You bought 1 BTC at $7500 and let's suppose and it rose upto $12000. Sale it and buy USDT in return. USDT is a cryptocurrency which is dollar backed and no matter what happens to the market 1 USDT almost equals to 1 USD. And when BTC falls back to let's suppose at $8000 or $9000 you can sale your USDT and get back more BTC. This is how you can increase the number of BTC you hold. If you hold 10 BTC for 100 years, they will be 10 BTC after 100 years. So hold, sell at high price and buy back at low price.

It is necessary to remember that for such actions you need experience. Such a strategy is very risky. You should clearly understand when there will be growth and when the decline.

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Welckomtome
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September 01, 2018, 11:16:18 AM
 #1686

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 ?
well  i think that even if bitcoin has some problems it is definately not foreger so i think thatvwe should holdnit for amlong term
tisoy1
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September 01, 2018, 11:16:26 AM
 #1687

Thanks for the thoughts on bitcoin investment, i am glad to read such good information.
Welckomtome
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September 01, 2018, 11:22:32 AM
 #1688

I'm not in the favor of holding any cryptocurrency to much long. Let me give an example, Let's suppose You bought 1 BTC at $7500 and let's suppose and it rose upto $12000. Sale it and buy USDT in return. USDT is a cryptocurrency which is dollar backed and no matter what happens to the market 1 USDT almost equals to 1 USD. And when BTC falls back to let's suppose at $8000 or $9000 you can sale your USDT and get back more BTC. This is how you can increase the number of BTC you hold. If you hold 10 BTC for 100 years, they will be 10 BTC after 100 years. So hold, sell at high price and buy back at low price.

It is necessary to remember that for such actions you need experience. Such a strategy is very risky. You should clearly understand when there will be growth and when the decline.
i think there is nothing bad in having bitcoin for a long term so you should not be afraid of losing your moneynbitcoin will care about them
webdevmastery
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September 01, 2018, 11:22:57 AM
 #1689

I think that such an operation is only for an experienced trader. Beginners better just hodl their coins and they will also make a profit.

Holding bitcoins is really necessary depending on the situation in the market so obviously, you need to hold or sell your coins depending on the current market price.
jermainephoe
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September 01, 2018, 06:28:48 PM
 #1690

My suggestion is that you divide the money into two places and invest into both bitcoin and ethereum. There are times you might not be too sure of the coin you are holding. When you you one part to invest into bitcoin and the other part into the coins you feel are good.
Bolyutim
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September 02, 2018, 04:58:34 AM
 #1691

I would prefer not to hold my bitcoin in a long haul period. I do experienced it as of now that I hold my bitcoin for long and the outcome is it diminishes progressively the esteem, so I'm somewhat baffled to myself that I didn't make a move when it first turn out. I took in my exercise now that I ought not hold it for long on the grounds that we can't guarantee if the esteem will going to take off or dump, in the event that I think the esteem is great I will pull out all the stops.
FreeSpaceLoss
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September 02, 2018, 05:07:50 AM
 #1692

I believe it's smarter to hold bitcoin for quite a while than to put it on a coin that has not had a reasonable improvement yet. Since bitcoin as of now has a solid potential that can obviously build up its esteem. With me holding it for quite a while, I will likewise get a conventional outcome.
28days_ever
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September 02, 2018, 05:10:44 AM
 #1693

Your thoughts are funny. Bitcoin is the most unique and stable koin, so keeping it is the most correct step in any situation.
nokat
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September 02, 2018, 06:25:49 AM
 #1694

When I came into cryptocurrency, I was adviced same not to hodl for long but there was one day I regretted selling my bitcoin. I sold it worth $400 and the next day,it has shoot to $550 which really pained me  Cry.

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Svarora
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September 02, 2018, 06:40:55 AM
 #1695

I think holding bitcoin  mah create fruitful result for you because bitcoin is the face of crypto market and it is in very growing stage and  give you huge return in future

gatholocco
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September 02, 2018, 06:45:14 AM
 #1696

I love to make long-term investments and I feel there is never a problem as long as I do it. and I think long-term investment is very safe. and I really like it. let alone long-term investments with bitcoin, this will be very profitable.
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September 02, 2018, 06:55:42 AM
 #1697

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 think this strategy works good on a bullish market, but today's market trend is bearish and it would be wiser to keep your funds in stablecoins like BTC, BNB, XLM and so on. BCH is a purely speculative coin in my view, its all time high was around $3K and after it the price went down to $300-400.

Miztasnow3
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September 02, 2018, 07:09:32 AM
 #1698

many people and probably me as well we are not that so crypto related and we still need currency to pay bills, and do other financial stuffs. So I'm going to hold my btc. Even though its just 2 btc I got.
vinayak2628
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September 02, 2018, 07:10:49 AM
 #1699

Ya you right.. only investing bitcoin in worthy. Instead of investing in only bitcoin we should also try for altcoin.... But you should reserve some bitcoin to your self at least..
HazyMan
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September 02, 2018, 07:13:35 AM
 #1700

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.
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