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    Author Topic: Why you should only hold Bitcoin  (Read 2707 times)
    GeorgeJohn
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    June 03, 2024, 04:53:47 PM
     #161

    Forget about purpose and intentions. Bitcoin, too, has become guilty of that to a certain extent. Hodling, as a matter of fact, may not be what Bitcoin is for.

    As for altcoins, some of them may be good for investment. Of course, you also don't consider their purpose and intentions. Whatever is written on their whitepaper are only there for a show, to make it appear that their project is valid, that it has a reason to succeed. But they aren't for hodling. They're good for quick profit, hit and run strategy. You can't be loyal to an altcoin.
    The essence of holding Bitcoin for long-term is to make profit for the investment, because I know quite well that any cryptocurrency investment the target of a holder is to make profit, Instead of me to hold altcoins for long-term I rather hold quantity of bitcoin I feel like holding, so I don't know for any other person, because I know very well that bitcoin investment whosoever that venture into it have plans.

    I have seen different persons that hold altcoins and on the process of holding the altcoins and it ran out of the market, so I know quite well that for we to understand the procedures and processes of bitcoin we needed to purchase fifty dollars worth of any altcoins we think that have potential and also hold bitcoin worth of same value and cross check the one that will yield positively after the period of time you wanted.

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