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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
OTC2018
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September 13, 2018, 08:50:25 AM
 #1881

Suppose it all goes down to what you mean by long time, if you mean a year or two then holdings not a great plan, but if you are talking 10 years or so then holding Bitcoin is a very good idea. In 10 years we will see much much higher prices than now so you would make a lot holding for that time period

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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ErlindaBit
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September 13, 2018, 08:55:08 AM
 #1882

If they believe that investing in Bitcoin for a long time really provides greater benefits, why should you comment? It's about trust, so you can only give a suggestion to them. Until now I believe that investing in Bitcoin for a long time will benefit me. Thank you for your advice.
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September 13, 2018, 09:08:26 AM
 #1883

If we talk about long-time holding, I think that bitcoin is much better than altcoins, because it is much less risky. Of course, altcoins can grow faster, but they can also become just shitcoins and lose all their value, while bitcoin even If it fall, it will still be valuable.
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September 13, 2018, 02:59:20 PM
 #1884

I agree with you, the profits are actually less than from the altcoyins, because bitcoin will not grow exactly 10-100 times, but plus investments in bitcoin for a long time - this is much lower risks
Upercusa
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September 13, 2018, 03:01:43 PM
 #1885

It was common to invest in bitcoin for a long time. The trend has changed, and now it's more profitable to short it.
Netcave
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September 14, 2018, 01:39:31 AM
 #1886

My advice, if you have a lot of information about the future of BTC, then you can hold BTC that you have as you like. I am sure, that BTC will become a successful currency like gold in the future. If you are an investor, Want to get more profit, then this is the right choice. You can get more profit differences through trading, but BTC will be the number one choice in crypto investment.
Sri Asih
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September 14, 2018, 04:10:57 AM
 #1887

Both of them, between Bitcoin and Altcoin are the same because they are both unpredictable, both in the short term and long term both are always at risk even though you can also get more profits. It's just that, you must be careful in choosing the best coins, after that hold and I'm sure you will benefit from your patience.
V-Gen
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September 14, 2018, 04:36:02 AM
 #1888

Both of them, between Bitcoin and Altcoin are the same because they are both unpredictable, both in the short term and long term both are always at risk even though you can also get more profits. It's just that, you must be careful in choosing the best coins, after that hold and I'm sure you will benefit from your patience.
the coins you mentioned are just as good, it's just hard to guess when a coin will rise. if you have coins, in my opinion you have to keep holding the coins you have until prices rise high. often to check the market so you know more about rising and falling coin prices. if you wait patiently, in the future it will make a big profit.
JQCrypto
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September 14, 2018, 04:43:41 AM
 #1889

Our team's slogan: HIGH RISK, HIGH RETURN; NO RISK NO RETURN
You cannot want to have both (High return + No risk)

Bitcoin does not change much this means low risk + low return
Small altcoins can change (up and down) 50%-100% while bitcoin change only 5%-10%.
SistaFista
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September 14, 2018, 04:45:42 AM
 #1890

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 ?

Peoples have a different opinions and way of thinking. You maybe think holding btc for long time won't make any profit,
but i believe it still bring some profits if you hold it for long. Because now, the btc price is very low compare this year average price.
If you buy it now and hold for long time, you will get the profit as the btc price back to the bullish price again.

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Valakhaha
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September 14, 2018, 04:56:55 AM
 #1891

I think we should not keep a high amount of Bitcoin for too long. Also, in the past, there were people who had invested and kept Bitcoin for almost a year, and they gave them a huge amount of money after the boom.
kptn.sgt
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September 14, 2018, 04:59:45 AM
 #1892

In bitcoin I additionally favor here and now speculation because of the value esteem instability. Since holding it for a really long time you may be in circumstance that you required cash,but advertise esteem still low and you will misfortune your venture. In here and now you simply need to screen dependably advertise cost and offer it in up slant showcase, at that point purchase again in low pattern.
ThachSanhTp
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September 14, 2018, 05:01:44 AM
 #1893

Dont focus on how long we hold coins. The important is that we have to buy and sell coins at the RIGHT TIME.
Buying Crypto coins in Sep and Oct may be the right time.
And Selling in Dec and Jan should be also the right time.
3lyntmy
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September 14, 2018, 06:12:45 AM
 #1894

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 ?

for my opinion i will hold some and keep trade some  Wink
ZainSpider
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September 14, 2018, 06:14:06 AM
 #1895

I have made few parts of it, I have traded one part with other coins, the second part is for ready to sell in the next bull run, and the third part is for saved for a decade.

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jicang09
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September 14, 2018, 06:16:51 AM
 #1896

No, I think Bitcoin is a long-held cryptocurrency. Because Bitcoin is expensive and Bitcoin is stable, its value will not be reflected in the short term. So I think Bitcoin is a cryptocurrency for long-term investments.
Zaidaskin
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September 14, 2018, 06:25:11 AM
 #1897

Bitcoin is the king of cryptocurrency and at the moment the situation is that all coins have decreased in price.
Even for altcoins, you can see using its destruction because the market has fallen a lot.
But, now bitcoin still deserves to be the main one, this is an established coin, so have it and hold it for a while to get profit.
siap86
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September 14, 2018, 06:28:48 AM
 #1898

I think, the decision to hold or exchange it to an altcoin depends on your knowledge of crypto. Only you know what is the best strategy to get profit with prices currently down, if you believe then do it, you will always learn from experience, both good and bad.
wasiuadejumo
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September 14, 2018, 06:29:00 AM
 #1899

Yes it is not too good hold BITCOIN for long period of time instead of holding BITCOIN it is better to hold all this upcoming ICO they also have bright future.
kolitski
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September 14, 2018, 06:34:19 AM
 #1900

I'm not totally agree with that for me bitcoin is the best for me in the long term to hold i can be sure there will be a big profit for long term to hold, now the bitcoin price was too low but in the long way the bitcoin will recover in the market.

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