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

[BitHodler]

Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.

Things aren't as easy as it may look when you are hodling your coins.

If you plan to hodl your coins for a few years for example, then it doesn't automatically means that the price will go up.

People just assume it will happen. And as you probably also know, nothing can be bought with assumptions.

Don't forget that an exchange happens to get hacked once in a while, making the price tank significantly.

These are all important things you have to see and realize the risk from as it makes a lot people panic sell like there is no tomorrow.

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[rockstar338]

Holding can save your life and that is because it would be really bad if you are losing a lot of money with it when you can actually earn more money when you are waitin a longer time.
But it is bad if people are selling it too early, patience is important in Bitcoin.

[lakisis]

yeah its good way to holding your bitcoin for long time to make good money , i also hold my bitcoin in huge amount for high price and i am sure bitcoin bitcoin will be more increasing its price in the near future and i hope we will be get a good profit from bitcoin , and there is a huge people are going to buy bitcoin with low price and then hold it for high price and this way is very good for making big profit.

[South Park]

Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.

Things aren't as easy as it may look when you are hodling your coins.

If you plan to hodl your coins for a few years for example, then it doesn't automatically means that the price will go up.

People just assume it will happen. And as you probably also know, nothing can be bought with assumptions.

Don't forget that an exchange happens to get hacked once in a while, making the price tank significantly.

These are all important things you have to see and realize the risk from as it makes a lot people panic sell like there is no tomorrow.

If you invest in bitcoin you must be prepared for the fact that investments can lose money, however bitcoin seems very solid at the moment so I think and investment in bitcoin right now has great odds of turning into a profit.

[goldcoinminer]

Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.

Things aren't as easy as it may look when you are hodling your coins.

If you plan to hodl your coins for a few years for example, then it doesn't automatically means that the price will go up.

People just assume it will happen. And as you probably also know, nothing can be bought with assumptions.

Don't forget that an exchange happens to get hacked once in a while, making the price tank significantly.

These are all important things you have to see and realize the risk from as it makes a lot people panic sell like there is no tomorrow.

If you invest in bitcoin you must be prepared for the fact that investments can lose money, however bitcoin seems very solid at the moment so I think and investment in bitcoin right now has great odds of turning into a profit.

Just learned to choose the best investment in order for you to minimize the risk why maximizing your chances to make profit, however the reality will always happen that even how good the investment there are still a slim chance that it will fail, even bitcoin.

[Osarman]

Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.

Things aren't as easy as it may look when you are hodling your coins.

If you plan to hodl your coins for a few years for example, then it doesn't automatically means that the price will go up.

People just assume it will happen. And as you probably also know, nothing can be bought with assumptions.

Don't forget that an exchange happens to get hacked once in a while, making the price tank significantly.

These are all important things you have to see and realize the risk from as it makes a lot people panic sell like there is no tomorrow.

If you invest in bitcoin you must be prepared for the fact that investments can lose money, however bitcoin seems very solid at the moment so I think and investment in bitcoin right now has great odds of turning into a profit.

Just learned to choose the best investment in order for you to minimize the risk why maximizing your chances to make profit, however the reality will always happen that even how good the investment there are still a slim chance that it will fail, even bitcoin.

You are right first of all we need a good knowledge about trade investment which minimize the risk and maximize the profit and i think we need to focus on strong and secure currency then we can get a big profit from trading.

[Eliteman12]

Yes because the price sky rockets from time to time.

Of course it does sometimes, but don't forgot that price crashes too.

Actually keeping bitcoins for long/short time is good way to earn. Only downside would be that this way to earn is very slow, and it take lots of time sometimes. But otherwise this way is very good to earn as it is not risky at all, if price is very low you just have to keep these bitcoins and wait for price rise again.

[iqlimasyadiqa]

Holding can save your life and that is because it would be really bad if you are losing a lot of money with it when you can actually earn more money when you are waitin a longer time.
But it is bad if people are selling it too early, patience is important in Bitcoin.

do holding also not a good thing. especially when we are holding too long. it would make us unable to earn an income.
better try to venture out completely silent. when silent then we can not get the revenue.

[Natlind]

Holding can save your life and that is because it would be really bad if you are losing a lot of money with it when you can actually earn more money when you are waitin a longer time.
But it is bad if people are selling it too early, patience is important in Bitcoin.

do holding also not a good thing. especially when we are holding too long. it would make us unable to earn an income.
better try to venture out completely silent. when silent then we can not get the revenue.

When someone holds the money, he intends to get profit out of it when the price goes high. As said above patience is extremely required when one is planning for profit out the investment made. Holding the btc along has its value. Whenever the btc is exchanged fiats, it has its value. Only the profit would differ. I will to save the bitcoins I earn now as the price may go up in the future, probably at the end of 2016. Hope to have a good hike in price in 2017.

[South Park]

Holding can save your life and that is because it would be really bad if you are losing a lot of money with it when you can actually earn more money when you are waitin a longer time.
But it is bad if people are selling it too early, patience is important in Bitcoin.

Well, it depends on what you are looking for, if you are a day trader then patience is something that you need but not in large amounts since you are hoping to turn a profit in fast trades.

[Dora Doll]

Yes that is right to say but i think it ia ls depend on the amount of bitcoin if you have a good amount the you will really get a good profit, threfore i will suggest you that if you are going to invest in bitcoin the you should invest a good amount of bitcoin.

[richardsNY]

Yes that is right to say but i think it ia ls depend on the amount of bitcoin if you have a good amount the you will really get a good profit, threfore i will suggest you that if you are going to invest in bitcoin the you should invest a good amount of bitcoin.

The most important thing is that people only invest in Bitcoin what they can afford. For one it can be $5000, while the other sticks to $200 as their total investment money. If Bitcoin lives up to its expectations, then even "small" investments of a few hundred $ can turn into four digit amounts. Patience and dedication is what you need.

[SAMKUSH]

I don't use holding bitcoins alone to make money, I usually trade or invest in sites to make the majority of my profit. Any increase in the price of bitcoins is just extra, however if the price falls I also lose so I don't rely on it making me money.

[junder]

I also holding some bitcoin, I hold it for the long time.
I believe it will increase in a few years and good way to doubling the value of your bitcoin.

[darklus123]

Yes and No you really can't say because it is not always be on your side. Shall we say that you bought bitcoin at $200 price then you are very possitive that a month or weeks later it would goes up but suddenly it even goes down and you get disappointed so instead you waited that the price would go back to $200 and convert it then withdraw then a day after price went up to $500 so you really can't say as advice just keep withdrawing then save them in the bank instead.

[goldcoinminer]

I also holding some bitcoin, I hold it for the long time.
I believe it will increase in a few years and good way to doubling the value of your bitcoin.

Just keep holding it mate because bitcoin is a special investment that you do not need to do anything for your investment to succeed, you just need to trust it and read some news to update your self, but you do not need to worry because the future of bitcoin is really good.

[Capradina]

I also holding some bitcoin, I hold it for the long time.
I believe it will increase in a few years and good way to doubling the value of your bitcoin.

Just keep holding it mate because bitcoin is a special investment that you do not need to do anything for your investment to succeed, you just need to trust it and read some news to update your self, but you do not need to worry because the future of bitcoin is really good.

True what you say. Indeed basically if we have good patience, we can get something good in the bitcoin just by saving. But it also requires sacrifice and must be resistant to temptation which always comes. So, it is better to do what we can do now, than have to do so with forced

[gilangIDR]

I don't use holding bitcoins alone to make money, I usually trade or invest in sites to make the majority of my profit. Any increase in the price of bitcoins is just extra, however if the price falls I also lose so I don't rely on it making me money.

in my opinion do not hold too long bitcoin you have. we can look for other alternatives. we can do a better investment when highly stable current bitcoin prices ..trading altcoin is one alternative to get more income.

[Bitcoinsummoner]

I also holding some bitcoin, I hold it for the long time.
I believe it will increase in a few years and good way to doubling the value of your bitcoin.

Just keep holding it mate because bitcoin is a special investment that you do not need to do anything for your investment to succeed, you just need to trust it and read some news to update your self, but you do not need to worry because the future of bitcoin is really good.

True what you say. Indeed basically if we have good patience, we can get something good in the bitcoin just by saving. But it also requires sacrifice and must be resistant to temptation which always comes. So, it is better to do what we can do now, than have to do so with forced

Savings is always good to do right now because anytime the price of bitcoin will increase more in the future.. the more you've save the more you make a good profit.. for me i am not saving bitcoins a lot but i am savings everytime i get my signature payout and profit in trading i am using vault of coinbase i know its not safe but i have lots of bitcoin there and verified. looking forward for my future.. and i hope i can save more bitcoins and use it to my business someday,,

[BitHodler]

I don't use holding bitcoins alone to make money, I usually trade or invest in sites to make the majority of my profit. Any increase in the price of bitcoins is just extra, however if the price falls I also lose so I don't rely on it making me money.

in my opinion do not hold too long bitcoin you have. we can look for other alternatives. we can do a better investment when highly stable current bitcoin prices ..trading altcoin is one alternative to get more income.

Hodling Bitcoin is in fact the safest possible form of investing.

However, people find it to be boring in current times as the price isn't going up to the level that is satisfying people.

And yes, in times where the price is stable, people put themselves into positions where the risks are much greater.

Investing in altcoins is definitely one of them. You can get great returns from altcoin trading, but you can also end up being a bag hodler. The latter isn't exactly a good thing.