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Nickel Bitcoiner
Nickel Bitcoiner
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Is Cryptocurrency a Long Term Investment?

Fri Aug 24, 2018 10:11 pm

With many popular Bitcoin Exchanges and Bitcoin ATMs in other major cities, the buying of digital currency is no longer a tough task. Investors need to select the best digital currency based on previous price trends. Are you also planning to invest? Here is how you should select the right digital currency for investment:

Planning Digital Currency Investment for Future

The demand for Bitcoin has tremendously increased and almost 17 million bitcoins have been mined. Even though prices have gone up and down many users are still interested. Many Bitcoin ATMs and online exchanges are opening in prime locations, giving users fast and easy access to bitcoin. As the price reaches a new record high you can sell all your bitcoins and earn a huge profit. The steps are simple, all you need to do is put a down payment on how much BTC you’d prefer to exchange from the Bitcoin Exchange address, select the currency of preference, and click exchange. The procedure can take between a few minutes to a couple of days, based on the trade you have picked as well as your bank/card supplier. Isn’t it easy?


You may be tempted by a sudden rise in digital currencies and decide to make a prompt decision to invest. It is important to safely keep your funds and only exchange it after you educate and inform yourself.

Altcoin Investment

There are many altcoins, which are introduced either as an extended version of bitcoin or have an entirely different purpose. Factom is the altcoin, which doesn’t need any sort of miners and the people who are involved in this digital currency are called stakes. There are different cryptocurrencies with many advantages.

Bitcoin cash is trending and comes with an added advantage over bitcoin. The transaction fees for bitcoin cash are much less when compared to the transactions that are done with the bitcoin. Usually, a bitcoin transaction takes 10 times for the transaction to work and this wait can also be avoided with bitcoin cash. You can always buy preferred digital currencies from Bitcoin Exchanges and Bitcoin ATMs instantly.
All these points are key for the beginning of successful trading. The most important suggestion before starting is to not trade money that you simply do not have.

Original article posted on: ... a37c9e1e97

Nickel Bitcoiner
Nickel Bitcoiner
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Re: Is Cryptocurrency a Long Term Investment?

Fri Oct 12, 2018 9:43 am

I brought BTC in 2014, wont regret it. If you buy now, you won't regret in in 2022

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Nickel Bitcoiner
Nickel Bitcoiner
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Re: Is Cryptocurrency a Long Term Investment?

Fri Oct 19, 2018 4:09 am

BTC is absolutely not a short term least if you have not decided to sell in late 2017, which would have been a good short term business decision anyway. But...altcoins are an even more definitive long-term investment, since those need to establish themselves and in many cases adapting to the real world and prove their advantages to the market. If the clients are able to witness the possibilities, i'd assume they would be more ready to trust into crypto solutions, which is the biggest problem right now.
"Eighty percent of success is showing up" - Woody Allen

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Re: Is Cryptocurrency a Long Term Investment?

Tue Jan 22, 2019 12:31 pm

Btc is the number one recommendation .

Bitcoin technology might now be the best but it is most used crypto currency .

It will take time for other coins to take over btc .

It will grow in long term .

Nickel Bitcoiner
Nickel Bitcoiner
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Re: Is Cryptocurrency a Long Term Investment?

Fri Feb 08, 2019 1:53 am

Of course, you can hold your crypto until better times and then sell it with a huge profit

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Nickel Bitcoiner
Nickel Bitcoiner
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Re: Is Cryptocurrency a Long Term Investment?

Sat Feb 15, 2020 7:27 pm

Sure, Cryptocurrency can be a long term investment depending on how you carry out yout trading. If you have the right knowledge and experience, then you'll know when to hold and when to sell your coins. Personally, I'd recommend Bitcoin over other coins, since it has stood the test f time this far

Nickel Bitcoiner
Nickel Bitcoiner
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Re: Is Cryptocurrency a Long Term Investment?

Thu May 28, 2020 6:31 pm

Yeah, Bitcoin is definitely a good long term investment. But... And it's all about being on the lookout. No matter how expensive and popular the cryptocurrency is, it's still quite unpredictable. You don't know what it'll do in a year or two. Will it rise in price or fall in price and you'll lose all your savings? It's hard to say. So you should always keep your hand on the pulse of the latest events in the world, as they often affect the price of Bitcoin.

Nickel Bitcoiner
Nickel Bitcoiner
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Re: Is Cryptocurrency a Long Term Investment?

Mon Jun 22, 2020 6:46 pm

Honestly, if anyone of us had bought in 2014-2015, held onto them until today, it would have made more money than holding any index fund. Bitcoin still hasn't beat it's $20k high, but I wouldn't be surprised if it ends up being the most stable currency in the next several years.

Nickel Bitcoiner
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Re: Is Cryptocurrency a Long Term Investment?

Sun Jul 05, 2020 10:52 pm

It was designed to be held long-term due to its finite nature.

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