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Author Topic: Bitcoin or Altcoin hold, sell or trade??  (Read 1101 times)
molsewid
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August 07, 2023, 06:53:53 PM
 #161

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.
If I will be in charge, I will sell my altcoins and leave the bitcoin. and all those money we expexted I will convert it into bitcoin and I will be ready for bullish season, finally ber month is coming and we need to hoard more. But if the altcoin he was saying eth, bnb etc then maybe leave them alone too. Many traders will go on hiatus this month because of that urban myth that they don't want to spend during August.
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August 08, 2023, 07:41:47 AM
 #162

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.
Yes, I have invested in some of the coins you mentioned. I have invested in Bitcoin as well as Bnb and Ethereum. Hopefully by the end of this year if the Bitcoin market is good, all  The price of altcoin will increase. The price of bitcoin depends on it and the price of altcoins will increase. However, if I wait for a long time in the coins that I have invested in, there is a chance to make good amount of money. It is better to wait for a long time to invest, it will result in loss of money Chances are very low.

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August 08, 2023, 11:03:02 AM
 #163

Bitcoin is the best crypto currency to hold for a long period of time which is definitely profitable to trade. But I think it is not good at all to hold altcoins for future because many times altcoins turn into scams. In that case it will be better for us if we invest Bitcoin and hold it for long time. Investing in Bitcoin is certainly promising, but there are some alert coins that are likely to lead to losses in the future. However, there are some altcoins that should be invested in those coins that can be profitable in the future without the risk of losing money. Since it is better to hold for a long period of time and gives better profit, investing in Bitcoin will be the best and wisest thing to do. Before starting a trade it is definitely better to know which one will be best for long term future. In this case, of course, the analysis of various aspects of the market, including Bitcoin, can be understood as to which coin will give profits in the future.

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August 08, 2023, 03:24:36 PM
 #164

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. the past year in the case of 1 coin investing $1000, this coin price today is zero.

There are two things I will list below that make you experience this scenario,

1. Buying at the wrong time, though there is no best time for buying any crypto, buying in the less-risk zones or strong demand zones can save you.

2. Impatient: expecting the coin/crypto to start rising immediately after you hit the buy button, the market doesn't work that way because the market has to turn, shake out and liquidate the weak hands before heading in its direction and if you are not a holder, Obviously you get shaken out by the short-term price manipulation.



 

 
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salad daging
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August 08, 2023, 03:27:53 PM
 #165

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.
If I will be in charge, I will sell my altcoins and leave the bitcoin. and all those money we expexted I will convert it into bitcoin and I will be ready for bullish season, finally ber month is coming and we need to hoard more. But if the altcoin he was saying eth, bnb etc then maybe leave them alone too. Many traders will go on hiatus this month because of that urban myth that they don't want to spend during August.
Everyone has different views but I will not deny that bitcoin is what I will trust, nothing else, not for fear of altcoin scams because there are still many altcoins that survive in the market for a long time, but I am here more pursuing bitcoin ownership more than other coins.

Actually many are diversified in other coins, there are also those who put 1 basket, namely in bitcoin, this is not wrong because I myself am in bitcoin as an asset that is invested long-term.

Speaking of August or the end of the year now I'm not sure there will be bullish coming.

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LUCKMCFLY
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August 08, 2023, 11:54:27 PM
 #166

I would not have any problem saying that bitcoin is the best, but to put it into investment, if a person is an activist as a market speculator, that is something that is Fine, but I would tell them to do it with Bitcoin, but for that? altcoins also give profits, but in view of all that has happened with some currencies it would be very painful if the same thing happened to many, and that is that the project collapses and money is lost, with Bitcoin you do not lose money Quite the contrary is gained,however, if the trader's personality is focused on market speculation, he has to know how to do it.

All coins will give you profit if you can trade by understanding the market but reliability is one thing which I don't find in ALT coins. To me Bitcoin is one of the most reliable coins but I don't trust ALT coins at all because there are already some good ALT coins scams which is why I avoid investing in ALT coins now. Some ALT coins are good for short term trading but ALT coins will never be the best coin for long term investment. Whether we are investing or trading we look for security and reliability of money first. Because if there is no security of money then there is no point in investing in those platforms no matter how much profit there is. Bitcoin seems to me to be the best coin considering security of money or other aspects.

Indeed it is so, Bitcoin is the King currency, I am not going to debate that it is the only currency you trust because I am also like that, for me, without bitcoin, altcoins would not exist, in fact, thanks to Bitcoin, they exist and have life all altcoins, for me when talking about bitcoin and alts, everyone does not know, but Bitcoin has a life of its own and that means that all technology always exists, in fact the most relevant altcoins, those that are in the top3 are those that have a behavior very similar to bitcoin, we just have to look at the behavior of ETH, it is a faithful copy of bitcoin, because it is the model, one could not say less about the other altcoins, the other altcoins do not have so much history If we look at Bitcoin, it is more than 10 years old and that makes it a market leader.

When we see new altcoins, you see that they need to go through many stages of the market, here bitcoin has gone through the stages of accumulation and distribution, apart from we have seen throughout history that when an omeda reaches its first stage of distribution, it will never go back it rises, here in Bitcoin that does not happen, many enemies of bitcoin have criticized it for it, but bitcoin has always come out ahead, for me it is digital gold without a doubt, because we have seen that some economists have tried to say that bitcoin It's a bubble, but the main characteristic of bubbles is that when they reach their bullish trend stage, when they fall into accumulation again, they don't go beyond that, they just stay lost, getting lost, and that's where all the investors go. , then it is classified as a bubble, but in this case it is not like that, bitco was about to reach $2k in 2019 and there many investors took advantage of buying and buying, intelligent people by the way, at that moment bitcoin rose and did not I heard what a price under $10k is and now unless it is predicted that it can at least reach $150k, nothing wrong, although I would say that it will reach $200k.

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August 08, 2023, 11:56:18 PM
 #167

In my honest opinion, it's good to hold Bitcoin when you have a lot of capital to buy Bitcoin, but if you only hold a little bit of Bitcoin, maybe in my advice it's better to look for or choose another crypto that also has potential can provide a good profit in the future.
And one of the examples I am referring to is Ethereum, Bnb, Matic, Shibdao, Solana, Dogecoin, and Shiba inu or others, they will definitely give you a higher percentage of income compared to Bitcoin.
Yes, I have invested in some of the coins you mentioned. I have invested in Bitcoin as well as Bnb and Ethereum. Hopefully by the end of this year if the Bitcoin market is good, all  The price of altcoin will increase. The price of bitcoin depends on it and the price of altcoins will increase. However, if I wait for a long time in the coins that I have invested in, there is a chance to make good amount of money. It is better to wait for a long time to invest, it will result in loss of money Chances are very low.
We all are hoping for the market to balance so that we can make some profits from it especially for those of us that had invested in different projects for us to make good profits from the market when the price of thsoe coins finally goes bullish. This is one of the ways to earn massively from the market if we can be patient enough and hold the right cions that will give us the kind of profits we are looking for
 We can either buy or trade Bitcoin with other coins pairs to maximize our opportunity if only we know how to trade very well and earn from the market.

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August 09, 2023, 07:53:31 AM
 #168

Everyone has different views but I will not deny that bitcoin is what I will trust, nothing else, not for fear of altcoin scams because there are still many altcoins that survive in the market for a long time, but I am here more pursuing bitcoin ownership more than other coins.

Actually many are diversified in other coins, there are also those who put 1 basket, namely in bitcoin, this is not wrong because I myself am in bitcoin as an asset that is invested long-term.

Speaking of August or the end of the year now I'm not sure there will be bullish coming.

I split my deposit and try in every bear market to determine for myself a few altcoins that I will accumulate. Almost always, the altcoins I choose give more growth than bitcoin, but I always invest in altcoins less than in bitcoin, because I understand the risks that come with them. Therefore, there is no single right decision, you can buy bitcoin, altcoins, hold and trade, the most important thing is to find those coins that can bring you profit.

 
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August 10, 2023, 08:43:10 PM
 #169

If I will be in charge, I will sell my altcoins and leave the bitcoin. and all those money we expexted I will convert it into bitcoin and I will be ready for bullish season, finally ber month is coming and we need to hoard more. But if the altcoin he was saying eth, bnb etc then maybe leave them alone too. Many traders will go on hiatus this month because of that urban myth that they don't want to spend during August.
There are many people who do that and sell all the altcoins they own to invest into bitcoin, there are many reasons why people do this and most of us probably already understand how bitcoin reached ATH in its four year journey. Bitcoin is becoming more fundamental to hold and even though many people are holding ETH or BNB, when we want to make big profits it is better to hold bitcoin until it reaches the next ATH.

In August bitcoin was around $29 and I guess the price to reach was only $30 like the previous month. So the consideration for accumulation is still pretty good and maybe gradually we can also take some entries in positions in the next month, as that's how the four year cycle gets closer and I prefer to hold while collecting.

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August 10, 2023, 09:55:12 PM
 #170

Yes, I have invested in some of the coins you mentioned.
Do you invest in meme coins (Doge, SHIB), too?
I don't say meme coins are totally bad, but it is riskier than any other coins. I personally prefer to invest in fundamental altcoins such as ETH, BNB, ADA, MATIC, SOL, or XLM.

I have invested in Bitcoin as well as Bnb and Ethereum. Hopefully by the end of this year if the Bitcoin market is good, all  The price of altcoin will increase. The price of bitcoin depends on it and the price of altcoins will increase. However, if I wait for a long time in the coins that I have invested in, there is a chance to make good amount of money. It is better to wait for a long time to invest, it will result in loss of money Chances are very low.
If you invest for a long term holding, you don't need to worry about the price at the end of this year. Unless you have the intention to sell your coin in the early of next year, you can keep calm whatever the price is. Altcoins prices mostly follow the price of Bitcoin, I'm sure it will increase significantly after BTC halving in the next year. I assume we have almost the same target that selling the coins on bullrun season. But we don't know when the big bullish to come whether it is in 2024 or 2025.

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August 11, 2023, 04:26:08 AM
 #171

My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.

Now

*Hold
*Sell
*Trade
Looking forward to the opinion of the experienced.

In my experience alt coins are the best for short-time benefit, don't hold to for a long time, they will lose its value. However, bitcoin is the only coin you should hold. Don't wait you will earn on that tomorrow but you will in the future
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August 11, 2023, 07:22:24 AM
 #172

Everyone has different views but I will not deny that bitcoin is what I will trust, nothing else, not for fear of altcoin scams because there are still many altcoins that survive in the market for a long time, but I am here more pursuing bitcoin ownership more than other coins.

Actually many are diversified in other coins, there are also those who put 1 basket, namely in bitcoin, this is not wrong because I myself am in bitcoin as an asset that is invested long-term.

Speaking of August or the end of the year now I'm not sure there will be bullish coming.

I split my deposit and try in every bear market to determine for myself a few altcoins that I will accumulate. Almost always, the altcoins I choose give more growth than bitcoin, but I always invest in altcoins less than in bitcoin, because I understand the risks that come with them. Therefore, there is no single right decision, you can buy bitcoin, altcoins, hold and trade, the most important thing is to find those coins that can bring you profit.

Altcoins really has a  big run meaning youll gain massive profit there with just short period of time that is why a lot of investor really wanting to invest in altcoins but again problem is that mostly altcoins will die like they will not last a year which again not promising on the long run except those top altcoins that is why others too invest in Bitcoin it make take few years but again it is somewhat sure profit youll gain
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August 11, 2023, 08:33:07 AM
 #173

Yes, I have invested in some of the coins you mentioned.
Do you invest in meme coins (Doge, SHIB), too?
I don't say meme coins are totally bad, but it is riskier than any other coins. I personally prefer to invest in fundamental altcoins such as ETH, BNB, ADA, MATIC, SOL, or XLM.
I thought of investing in SHIB and Doge coins. But I have no idea if investing in them will be a profit or a loss. That's why I invest very little in meme coins. But this time I hope to invest in meme coins for a long time.  A good amount of profit can be made within a few years. The price of meme coins will increase only when the Bitcoin market is much better.

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August 11, 2023, 09:27:30 AM
 #174

of all the cryptos, bitcoin has always been the best. therefore, many people say that bitcoin has less risk than other altcoins. the method you mentioned is also a safe method, but why people choose other methods, it's because they think that choosing other methods, or altcoins in trading can make their assets grow faster. This is because altcoin price growth is faster than bitcoin prices. for example, the price of an altcoin is $ 1, it will be easier to reach $ 1.5 or $ 2, and by investing $ 100, you can quickly increase 50% or 100% of your assets. the risk is the opposite, the price can also easily go down. therefore, if you want to invest long term choose bitcoin, if you want fast, then altcoin is the choice.
however, everyone has their own way, personally I prefer both depending on the conditions.

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August 11, 2023, 09:52:50 PM
 #175

I thought of investing in SHIB and Doge coins. But I have no idea if investing in them will be a profit or a loss. That's why I invest very little in meme coins. But this time I hope to invest in meme coins for a long time.  A good amount of profit can be made within a few years. The price of meme coins will increase only when the Bitcoin market is much better.
If you are not sure to invest in meme coins, you are better to avoid them. Meme coins are very risky coins, it is very tricky to invest in this coin. Although Doge or SHIB looks increasing their prices constantly now. No guarantee this positive trend to stay a long time. Meme coin price mostly relies on the hype, the price decrease drastically if they are no longer hyped. So, I suggest to not invest in meme coins for a long term holding. Even if you want to try to invest in meme coins, you are better to choose the short term investment. But it is my own perspective.  Wink

DWYOR

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