i honestly have started hodl other coins, i use bitcoin as based coins to purchase things and trading but not hodl, besides there are coins like ethereum, stellar, ripple with some potential these daysCryptocurrency 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 really do not have the patience to be able to invest into bitcoin for the long term because of it it's volatile nature which it is currently manifesting and a lot of people have already lost their investment on the cryptocurrency.To an extent I also believe that trading for the short time is not the best because you have the tendency not to lose much except you have no plan to sell only when the prices as high as you want.
That's better because the coins you mentioned easily grow fast compared to bitcoin , if not for the crash in the market now most of the smaller coins would have pump moreInvest in bitcoins because I do not have interest in it because it is a cryptocurrency that has reached the maximum peeks, i only invest newly-established cryptocurrency like ripple and Shiba Inu,it is a risk I am taking if work for me better if it doesn't work I will move on.
Yes that's what I am doing,most all the cryptocurrency I invest on are cryptocurrency with the best potential and I always said that it is a financial advice for you to invest in this cryptocurrency, cake is a crypto-currency you say never overlook.That's better because the coins you mentioned easily grow fast compared to bitcoin , if not for the crash in the market now most of the smaller coins would have pump more
That's just the truth patience is very very important when holding a cryptocurrency coin because the market could be funny just as it is at the moment but in couple of months you could see it better development.Cryptocurrencies are volatile in nature and that is the reason why most people invested in cryptocurrency. To make profits in bitcoins you may have to hold it for some time for it to increase in market price which in turn makes you more money.