Is Holding Bitcoin a long time good way to make money?

[rektDude]

I dont think it is really best for the bitcoin but what i do know is that the price if going to rise and then you are making money with the bitcoin for sure!

[1713938662]

1713938662

[Altcoinsupporter]

Holding bitcoin for long is a very viable way to increase your networth. I wouldn't be passive though I'd gather more and more bitcoins.
Like that you will get the most out of it it else you will regret it if you have only one coin.

[philiveyjr]

Its unwise to comment on this thread saying the prices of bitcoin are guaranteed to rise. We don't know this yet. Maybe they won't. You guys are also not taking into account government policies that could come into place to make bitcoin lose its value.

[BreakingSlow]

Holding bitcoin a long time is a good way to make money because eventually bitcoin will go up by a big percentage as it gets bigger and more users. It can take some and you have to be patient, best is to safe up as much bitcoin as possible before it happens.

[HilbillyFred]

Holding bitcoin a long time is good to make money as a matter of fact it's one of the best and easiest ways and probably most used.
Invest invest invest and be patient and it will be returned to you ten double.

[romero121]

If one is in need of a risk free earning then its better to buy and hold the bitcoin. At the same another important factor is that the earning seems to be limited. For this its better to plan according to need and decide upon the holding.

[btc-facebook]

You can buy now and wait for next halving before sell it. Afterward you will see the benefit of bitcoin

Holding bitcoin a long time is good to make money as a matter of fact it's one of the best and easiest ways and probably most used.
Invest invest invest and be patient and it will be returned to you ten double.

Since I know bitcoin, I made great profit with my this alternate investation. Yes , sometimes bitcoin are better than Gold especially when bitcoin almost reach it's halving

[Daneric]

I hear there are people who kept bitcoin in the early years of bitcoin generation. May be the price was below $100 at that time so you can imagine how much they have gained as at now if they still hold the bitcoins. If at all the price jumps one day to over $1,000, these people will have made crazy profits. Therefore holding bitcoin for a long time may pay off although it is very risky.

[South Park]

I hear there are people who kept bitcoin in the early years of bitcoin generation. May be the price was below $100 at that time so you can imagine how much they have gained as at now if they still hold the bitcoins. If at all the price jumps one day to over $1,000, these people will have made crazy profits. Therefore holding bitcoin for a long time may pay off although it is very risky.

While it’s possible some persons are still holding their coins since that time, the truth is that bitcoin already reached 1k+ so it’s very likely that a lot of them already sold and are enjoying the crazy profits that they got.

[Superways]

I hear there are people who kept bitcoin in the early years of bitcoin generation. May be the price was below $100 at that time so you can imagine how much they have gained as at now if they still hold the bitcoins. If at all the price jumps one day to over $1,000, these people will have made crazy profits. Therefore holding bitcoin for a long time may pay off although it is very risky.

While it’s possible some persons are still holding their coins since that time, the truth is that bitcoin already reached 1k+ so it’s very likely that a lot of them already sold and are enjoying the crazy profits that they got.

You are right the holders of early years are rich now with their bitcoins and now it is our turn to buy a good amount of bitcoins and hold them for a longer time or it also seems that within this year or in the next year the price of bitcoin will increase to more than 41000 and we will also be rich with that.

[richardsNY]

I hear there are people who kept bitcoin in the early years of bitcoin generation. May be the price was below $100 at that time so you can imagine how much they have gained as at now if they still hold the bitcoins. If at all the price jumps one day to over $1,000, these people will have made crazy profits. Therefore holding bitcoin for a long time may pay off although it is very risky.

While it’s possible some persons are still holding their coins since that time, the truth is that bitcoin already reached 1k+ so it’s very likely that a lot of them already sold and are enjoying the crazy profits that they got.

The best holders have indeed made a great profit if they bought their coins at sub 2012 prices and sold them at the ATH peak. However, the majority of the early birds have sold their coins in the runup to where we are now. It's not that they are filthy rich right now. If you bought at $10 per coin back in the days, and the price shoots up to $50 per coin, what will the majority do? Right, selling like there is no tomorrow of course. And those that kept some coins aside for when the price goes up even further, bammm, they sold at $80-$90-$100-$120 etc etc.

[PsursV]

I dont think it is really best for the bitcoin but what i do know is that the price if going to rise and then you are making money with the bitcoin for sure!

but i think that holding bitcoin for long time is a good way of investment,thought long term investment we minimize the risk of losing your own bitcoin therefore i will always prefer to long term investment.

[NewInCryptoCurrency]

Holding bitcoin a long time is a very good way to make money since prices are rising every time. They do go down sometimes but always end up higher then when before they crashed so it's a circle which is tough and stressful but gives alot of profit.

[BitHodler]

Holding bitcoin a long time is a very good way to make money since prices are rising every time. They do go down sometimes but always end up higher then when before they crashed so it's a circle which is tough and stressful but gives alot of profit.

The way you are talking about it makes things seem so easy, while they in reality aren't easy at all.

Finding the right entry point of the market is what a lot people are struggling with when it comes to hodling.

They either buy at the peak of a rally and end up selling at a loss when the price goes down, or they entirely miss out as they haven't bought anything.

[BitcoinPC]

I believe it is best way and also everyone can do it, only holding the bitcoins. It is better especially for those people who never want to do trading and other investment but they want to use bitcoins and also gain profit, so whenever we hold the bitcoins so definitely it is useful for us.

[arseaboy]

Holding bitcoin a long time is a very good way to make money since prices are rising every time. They do go down sometimes but always end up higher then when before they crashed so it's a circle which is tough and stressful but gives alot of profit.

if you can position yourself in the right prediction you will able to earn a lot keeping btc like what you've said its a good investment for a long term.

[kanazawa]

No, it isn't good. In a individual perspective and even to the whole system. Because just hold (don't do mining, don't trade even don't playing bets, gambling, etc) is very bad. For example, in 2015 the price was U$430 and one day after it was U$280. Then, nobody knew it was goin' upward but now the price is much more like was in June 2014, with little difference, now the price is U$30 higher. So, who bought in the downward period earned good money, and who stood in that period just earned U$30 dollars. Now, if you do mining or trading, it's very profitable to hold.

[BitsandBites]

Yes holding the bitcoin for a long term is very profitable and also very good if you are asking me, plus its also pretty safe compared with other options.
The bitcoin has a good future so I think we can say it will be profitable to also do this.

[South Park]

I hear there are people who kept bitcoin in the early years of bitcoin generation. May be the price was below $100 at that time so you can imagine how much they have gained as at now if they still hold the bitcoins. If at all the price jumps one day to over $1,000, these people will have made crazy profits. Therefore holding bitcoin for a long time may pay off although it is very risky.

While it’s possible some persons are still holding their coins since that time, the truth is that bitcoin already reached 1k+ so it’s very likely that a lot of them already sold and are enjoying the crazy profits that they got.

The best holders have indeed made a great profit if they bought their coins at sub 2012 prices and sold them at the ATH peak. However, the majority of the early birds have sold their coins in the runup to where we are now. It's not that they are filthy rich right now. If you bought at $10 per coin back in the days, and the price shoots up to $50 per coin, what will the majority do? Right, selling like there is no tomorrow of course. And those that kept some coins aside for when the price goes up even further, bammm, they sold at $80-$90-$100-$120 etc etc.

You are right but even those “small profits” are probably way better than anything that you could have got anywhere else, so maybe they did not become filthy rich, but at least they enjoyed great profits and I would like that our turn comes next.

[ronaldo40]

Yes holding the bitcoin for a long term is very profitable and also very good if you are asking me, plus its also pretty safe compared with other options.
The bitcoin has a good future so I think we can say it will be profitable to also do this.

if you are a large investor it will be very profitable if hold for the long-term .
but I think the hold for the long term is not a good way to make money if we do not have much money.
I better make a profit in the short term, because it is the best and fast way to get rich.