Post
Topic
Board Trading Discussion
Re: How to Utilize Your Bitcoins
by
yellow1
on 01/05/2017, 11:48:24 UTC
many ways you can do to take advantage of bitcoin. The easiest thing is to do a holding bitcoin.
stretcher way is very easy because in some future time you can take advantage of yan action you do.
Agree with your way buy and hold for long time, but this way is good for long term investing in bitcoin
but for the users who want make money from bitcoin,
trading bitcoin to fiat or trading altcoins is good way for getting bitcoin short time, so everything depend on the method investing in bitcoin short or long term investments.

Bitcoin for me is a long term investment. Hold on it for a year or two if possible three. Rather than selling out of bitcoin at every market price dip. Most people saw bitcoin as a way to get rich quick, unfortunately it is not. Just put a small position in your bitcoin wallet for the long term. And because of its limited supply, it is more like the price will skyrocket in the next 3 years, so its worth the risk of saving bitcoin.

It is good strategy investing in bitcoin too long term investments, and it is include investors because of take long term investments, personality I made investments for short time investments with trading altcoins, so i could made profit from trading usually weekly and monthly but everything depend on the users of bitcoin what is the strategy will be used for investments into bitcoin.

Trading is better than holding.  It can give us boundless earning if we know what we are doing.  Accumulating and savings only give us limited profit and that depends on how much we are holding and the conversion rate.  With trading we can multiply our holding giving us exponential profit when the time comes we want to convert it all due to the increase of volume of our holdings as a result of successful trades.

Saving only gives you limited profit but for me it is one of the safest place to put your bitcoin. I feel more comfortable saving than doing trading actually. As long as I can see profit saving, then I will go with it specially for long term because you can truly gain huge profit it you are going to save it for as long as you can.