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

[Osarman]

Yes it can be a very profitable way to make some good money, of course you should only do it with a large amount but I ensure you that if you do it with a good amount you can make some big bucks with it!!

i agree with you that bitcoin is very profitable way to make a big profit from bitcoin because bitcoin on the top and people buying bitcoin in huge amount day by day and then hold their bitcoin for long time and i am sure bitcoin will be increase its price too much faster in the near future so long time hold is very good.

[Chennai]

Yes. The longer you hold your bitcoins the better the outcome as the longer term has a brighter perspective. The price has increased now and it is going to go more. Many have already bought more bitcoins and holding it looking for a price hike. Too much investments now would pile up the wallets with good profits.

[BitHodler]

yes there is no doubt about this that holding bitcoin for a long time is really good option, i am also in favour of long term investment, in long term investment you can minimize the risk of loosing money,

The future definitely looks bright, but there are no guarantees when it comes to seeing a much higher price when you hodl your coins for a few years.

Remember when the price went up to levels above $1000? Who on earth thought that the price would drop below $200 again? Not many I guess.

And till today, were still far below the $1000 price point. It's a good example of how unpredictable Bitcoin really is.

[Natlind]

Holding the btc along has its value. Whenever the btc is exchanged to fiats, it has its value. Only the profit would differ. I will to save the bitcoins I earn now as the price started growing up and it would still go high in the future, probably at the end of 2016. Hope to have a good hike in price in 2017.So save as much as possible to gain a profit to what you have saved.

[xuan87]

Holding the btc along has its value. Whenever the btc is exchanged to fiats, it has its value. Only the profit would differ. I will to save the bitcoins I earn now as the price started growing up and it would still go high in the future, probably at the end of 2016. Hope to have a good hike in price in 2017.So save as much as possible to gain a profit to what you have saved.

as we know that nobody can predict the future 100% percent but seeing from the bitcoin growth and the enthusiastic of the market, i think its a good idea to use bitcoin as investment for the future, I think the bitcoin price will keep on increasing if the bitcoin user keep on increasing

[JeffBrad12]

yes there is no doubt about this that holding bitcoin for a long time is really good option, i am also in favour of long term investment, in long term investment you can minimize the risk of loosing money,

The future definitely looks bright, but there are no guarantees when it comes to seeing a much higher price when you hodl your coins for a few years.

Remember when the price went up to levels above $1000? Who on earth thought that the price would drop below $200 again? Not many I guess.

And till today, were still far below the $1000 price point. It's a good example of how unpredictable Bitcoin really is.

And the unpredictable profit too we can see in the hold of bitcoin, big amount = more profit and small amount = small profit and so it also depends with the how many the increases value of bitcoin. hold bitcoin is good for who have a big amount. it matches with their amount.

[bestluck]

yes there is no doubt about this that holding bitcoin for a long time is really good option, i am also in favour of long term investment, in long term investment you can minimize the risk of loosing money,

The future definitely looks bright, but there are no guarantees when it comes to seeing a much higher price when you hodl your coins for a few years.

Remember when the price went up to levels above $1000? Who on earth thought that the price would drop below $200 again? Not many I guess.

And till today, were still far below the $1000 price point. It's a good example of how unpredictable Bitcoin really is.

And the unpredictable profit too we can see in the hold of bitcoin, big amount = more profit and small amount = small profit and so it also depends with the how many the increases value of bitcoin. hold bitcoin is good for who have a big amount. it matches with their amount.

That is why if you wanted to hold bitcoins it is better if you are going to hold a lot of bitcoins so that when the time of harvesting comes or any small fluctuation of bitcoins that is going to be a big profit already for us. And the bigger amount you are going to hold the bigger profit you are going to make without any efforts but with just waiting for the price increase.

For that we don not have to wait for our earnings coming to our wallet as no one know that when will a rise occur so we have to buy with our money and have to wait for much longer about a minimum of of a year time wait.

[Adar Korin]

It definitely wouldn't hurt to put some BitCoins away for a future day when they improve in price against the Dollar.  You have to ask yourself if you want to trade them back to fiat, or, to actually use them for what they are intended - to make payments with.

Only put away what you can afford and make it a regular (ie pay day) top up of the Wallet it's going into.  I say Wallet, because you can't just make it a Wallet Address that your other BitCoins are going into, you have to make it a dedicated Wallet just for savings.

[ArdiPrabowo]

bitcoin the best investment
because you can very fast growth you money
but bitcoin is not good long time hold , this good every day use trading pair altcoin or fiat money
every day buy and sell take profit

[mirakal]

bitcoin the best investment
because you can very fast growth you money
but bitcoin is not good long time hold , this good every day use trading pair altcoin or fiat money
every day buy and sell take profit

I beg to disagree with your statement because as far as I know bitcoin is a good investment especially when you are holding it for a long term investment. The value of bitcoin as what we have seen now is growing and the price in the future could be bigger than the current as it will increase substantially.

[martinacar]

I think it's good way for Beginner's who dont know about trading or other earning method. And this is also not riskfree because none can assure that bitcoin price will only rise, it could be go down also.

In my opinion it's not just a good for beginner's it's probably one of the best ways if you are a long term investor.
Long term means being patient but it will payoff cause prices can potentially reach very high so just be sure to buy them or get them as cheap as possible earning them is the best option.

[phreaky]

I have 13$ worth of btc.i dont understand what will happen,if i holding this btc for a long time ?

It just depends on how long you hold and what the price is when you sell or trade for goods.
It could be worth $1 or it could be worth $10000

It could be good to hold your bitcoins for a long term, keep in mind there are more risks that you have to take to do this but it will also maybe be more profitable at the end, A long term investment can let you gain a lot of money if the bitcoin grows to a very large currency.

Yes true I think it has a risk aswell but it's very minimal we know what bitcoin can reach and it will reach that if all goes well.
The most important thing is to have as many coin as possible so you can profit from value increase as much as is possible.

[Golftech]

I have 13$ worth of btc.i dont understand what will happen,if i holding this btc for a long time ?

It just depends on how long you hold and what the price is when you sell or trade for goods.
It could be worth $1 or it could be worth $10000

It could be good to hold your bitcoins for a long term, keep in mind there are more risks that you have to take to do this but it will also maybe be more profitable at the end, A long term investment can let you gain a lot of money if the bitcoin grows to a very large currency.

Yes true I think it has a risk aswell but it's very minimal we know what bitcoin can reach and it will reach that if all goes well.
The most important thing is to have as many coin as possible so you can profit from value increase as much as is possible.

if you really knows how btc works you wont mind that and you will continue to hold make it as an asset and completely success, holding bitcoin for another year will make you some good earnings for sure.

[lakisis]

bitcoin the best investment
because you can very fast growth you money
but bitcoin is not good long time hold , this good every day use trading pair altcoin or fiat money
every day buy and sell take profit

you are right that bitcoin is very safe and best investment and yeah we can grow up our bitcoin easily if we buy bitcoin with low price and then sell it with high price and trade in altcoin is also much more profitable and these way is very good for grow up your bitcoin.

[Hallseplex]

I first got bitcoin from withdrawing from gambling sites.  I deposited with another method but could withdraw bitcoin so i did it.  Around that time bitcoin was around $220 usd or so and when i got it, i would then trade it for poker funds from other person etc because I didn't want to hold the bitcoins due to reading about price fluctuations.  However, isn't the value of bitcoin almost always going to go up so its best to hold it?  I know last year it was $600 and the highest was when it was more than $1000 per bitcoin.  But since it is all the way down to $200-$300, isn't having bitcoin always good?  Could bitcoin go all the way to 0 soon?  I had thought hey if you get bitcoin when its $230 when the price stayed like that for a long time, thats great b/c very hard for it to go below $200 because i haven't seen that.  But even if it does, isn't it almost always going to rebound and go back up?  Last time i had btc and it was $230 or so and now it went up to $260.  So if you have say 100 bitcoins... well... thats a nice $3000 profit or so.


I'm sure there are ppl that have thousands or bitcoins right and just hold on to it?  And many that would sell btc immediately if prices go all the way up?  If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right?  However if they sell it via localbitcoins or other method, they are going to get a higher profit right?  However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.



In general, isn't holding BTC always a good thing since the price of it is pretty low now?  Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster.  But since its in the $200-$300 range, isn't having BTC always good?

Holding bitcoins for taht long is never good for the price of the bitcoin when you want to make money with the bitcoin you have to make sure you are spending
also a couple of coins other wise you wont make any coins.

[bitlancr]

A lot of people seem to ask if holding bitcoin a long time as a long term investment is a good way to make money.
My answer to that is yes because bitcoin will for sure be raising a very high value in the next years in the future so if you have patience then it's good.

[bamboylee]

no . we could lose money from bitcoin price reduction. better to be invested in the trading world or the real world. we could open a business that generates revenue every month.

What if the price increases are you still going to say that it is a no? For me I get inspired for the people who bought a lot of bitcoins and did hold that for a long time because they know that bitcoin is going to be a well-known crypto currency. And that is already proven so I guess holding bitcoin for a long time is a good way to earn.

Like what they say with every investments I see online, past performance does not guarantee future performance. So bitcoin doing great in the past does not mean it will also do great in the future. Though bitcoin may have a high price in 5 years, it is not 100% sure.

[hope4ever]

yes there is no doubt about this but you need to invest a good amount of bitcoin if you are really interested in long term investment.

[bitbunnny]

Some predictions are saying that in 5 years Bitcoin will probably achieve 1500-2000$ because the amount of Bitcoins will fall and the demand will go up. If you are seeing it that way then it's great long term investment. But things don't have to look that way in the future and the price might go down.
Anyway, I wouldn't take it for to long time without carefuly watching the market and making moves when necessary.

[richardsNY]

yes there is no doubt about this but you need to invest a good amount of bitcoin if you are really interested in long term investment.

It's important that you invest in Bitcoin what you can afford. For one person it might be $100 worth of Bitcoin, while the other easily invests $1000 in Bitcoin. Never force yourself to buy a certain amount of coins.