I. My candid opinion I don't think such a decision is advisable at this moment because of the way many countries of the world are banning crypto currency. This may have a serious adverse effect on bitcoin and other coins in the time soon.
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I think that will be the best option with the way things are mapping out with the cryptocurrency investment especially the Bitcoin and etherium. It is better to look for cryptocurrency that has a brighter future and invest in them for a long time. One beautiful thing about long-term investment is that it helps to minimise the risk of loss.Cryptocurrency is a great way to make profit if you know what you are doing, and if you invest in a good coin and hold that coin for a long period of time, then chances are that you will be able to profit from it in the future with patience as the demand for it increases with time. This is the case with Bitcoin, and with it being the main crypto the price is almost certainly to increase with time.
A recent article has shown that 270000 BTC has been taken out of the supply in the last 30 days along and has been moved to long term holdings. This is a huge value. Not only does this show the potential of Bitcoin, but also shows that the supply in circulation is lower which may impact on the price and cause another price hike.
Are you putting your Bitcoin away for long term holdings?
After the first pandemic, I haven't gotten to transact with crypto currencies until recently that I had to deposit some money so i could hoard it in my crypto wallet and watch it growI'm currently holding unto my bitcoin,even as it has dropped slightly lately and the reason is that I hope for it to soar higher sooner or later.
What about you?
If I should have any cryptocurrency at hand I mean in my wallet now,I will keep it much longer than I could ever imagine or better still forget it inside my wallet. And am very sure by the time I will remember it,it would have grow so well to gain more profit from it. Because the way cryptocurrency are growing this days is alarming,I hope it never comes down again,so we all could enjoy from the benefits of it.Cryptocurrency is a great way to make profit if you know what you are doing, and if you invest in a good coin and hold that coin for a long period of time, then chances are that you will be able to profit from it in the future with patience as the demand for it increases with time. This is the case with Bitcoin, and with it being the main crypto the price is almost certainly to increase with time.
A recent article has shown that 270000 BTC has been taken out of the supply in the last 30 days along and has been moved to long term holdings. This is a huge value. Not only does this show the potential of Bitcoin, but also shows that the supply in circulation is lower which may impact on the price and cause another price hike.
Are you putting your Bitcoin away for long term holdings?
I am an exchanger and therefore holding coin is one of the things I can't avoid. But I do this with target if a particular price before disposing the bag and wait for anotherCryptocurrency is a great way to make profit if you know what you are doing, and if you invest in a good coin and hold that coin for a long period of time, then chances are that you will be able to profit from it in the future with patience as the demand for it increases with time. This is the case with Bitcoin, and with it being the main crypto the price is almost certainly to increase with time.
A recent article has shown that 270000 BTC has been taken out of the supply in the last 30 days along and has been moved to long term holdings. This is a huge value. Not only does this show the potential of Bitcoin, but also shows that the supply in circulation is lower which may impact on the price and cause another price hike.
Are you putting your Bitcoin away for long term holdings?
Long holding cryptocurrency investment is for those who have big money that can withstand the shock of bullish or bearish trends. Someone with just small amount has nothing to do with holding for a long time.I'm currently holding unto my bitcoin,even as it has dropped slightly lately and the reason is that I hope for it to soar higher sooner or later.
What about you?