Holding bitcoins on a long term basis would be the best way to gain more returns.Holding in short term basis would be beneficial only for altcoins as their price is so volatile.We could see the steady rise of bitcoin price from the last six months irrespective of ETF disapproval,BU.
I could not agree more. This current dips in price is just a test on the threshold of the holders. Weak hands dump, strong hand hold, faithful hand buy. We can see developers actively developing and updating Bitcoin with the best possible way they can. This drama will eventually end, either thru soft fork or hardfork and a possible of chain-split. After this incident we can see Bitcoin to scale and start increasing its price again.
It's happening already, the worries are now all gone as bitcoin is starting to get back to the top and as expected the value of ETH and DASH are doing the opposite. To hold for a long time is good but it's very challenging, you need to be fully knowledgeable with the real market for you to still hold regardless of the negative rumors you will hear. Time and time we've seen this kind of scenario but bitcoin never fail to go up every time it goes down.