Post
Topic
Board Altcoin Discussion
Re: Don't hold Bitcoin for long time.
by
ubitcoin
on 01/06/2018, 05:04:59 UTC
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 ?

Bitcoin is good for long-term holding, but you also have to know when the best time to get into the market, you should also have useful predictions for your speculation.
Bitcoin is no doubt one of the best possible option when it comes to that of holding of the coin for longer time as the way its market value rises in such a short span of time, no other coin can help you in having this much of the earning which you can have by going for bitcoin. The only thing which you need to work upon is that you must be emotionally stronger and that you need to be patient in all the times.