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JeffBrad12
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January 05, 2017, 03:12:54 AM
Last edit: January 05, 2017, 03:33:47 AM by JeffBrad12 |
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If have good amount is good to hold them, but at this time I've move the coins because of this high price. Is possible to see an high climb of btc price and lose a lot of money.
The amounts basically don't really matter if you are long term minded. Everything that is being seen as a low amount today can turn into a serious amount after 3 or 4 years. Just look at early January 2015 where the price went below $200 shortly. If you bought just 1 BTC back then, you'd be sitting at a profit of $900 right now. In this case the $200 investment is the small amount. Nope, Waiting for some years just for a little amount. That's not worthy. In this case the $200 investment is the small amount. Because small and that's nonsense just put a little if bitcoin had had a lot of the potentially. In this time we don't encourage about the bubble. |
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klf
Legendary
 Offline
Activity: 1344
Merit: 1000
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January 05, 2017, 04:51:39 AM |
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If have good amount is good to hold them, but at this time I've move the coins because of this high price. Is possible to see an high climb of btc price and lose a lot of money.
The amounts basically don't really matter if you are long term minded. Everything that is being seen as a low amount today can turn into a serious amount after 3 or 4 years. Just look at early January 2015 where the price went below $200 shortly. If you bought just 1 BTC back then, you'd be sitting at a profit of $900 right now. In this case the $200 investment is the small amount. Nope, Waiting for some years just for a little amount. That's not worthy. In this case the $200 investment is the small amount. Because small and that's nonsense just put a little if bitcoin had had a lot of the potentially. In this time we don't encourage about the bubble. We can not take a decision like this in bitcoin. Because who knows in 2017 the price will cross 1000$ how can we predict bitcoin price right. And yes investing some money and waiting for years to make a nice profit is not worth. Especially investing in bitcoin is too risky. We can not predict the tomorrow bitcoin price it may go up or come down. |
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akasma
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January 05, 2017, 04:56:42 AM |
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Maybe, You are right. Bitcoin had surpassed over 1,100$ yesterday and increase signal is still on the way.
if you have more money Do you cointinue to buy more bitcoins for holding for long time?
it is very difficult to answer this question.
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RealPhotoshoper
Legendary
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Activity: 1050
Merit: 1001
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January 05, 2017, 05:21:40 AM |
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If have good amount is good to hold them, but at this time I've move the coins because of this high price. Is possible to see an high climb of btc price and lose a lot of money.
The amounts basically don't really matter if you are long term minded. Everything that is being seen as a low amount today can turn into a serious amount after 3 or 4 years. Just look at early January 2015 where the price went below $200 shortly. If you bought just 1 BTC back then, you'd be sitting at a profit of $900 right now. In this case the $200 investment is the small amount. Nope, Waiting for some years just for a little amount. That's not worthy. In this case the $200 investment is the small amount. Because small and that's nonsense just put a little if bitcoin had had a lot of the potentially. In this time we don't encourage about the bubble. We can not take a decision like this in bitcoin. Because who knows in 2017 the price will cross 1000$ how can we predict bitcoin price right. And yes investing some money and waiting for years to make a nice profit is not worth. Especially investing in bitcoin is too risky. We can not predict the tomorrow bitcoin price it may go up or come down. No i don't think so , invest money in bitcoin really worth as the risk more than the return that you could receive. Indeed you don't know what will happened , but well there is no free risk and it is the risk that you have to take. Storing bitcoin for long time always worth , so take that risk or get nothing. |
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dihari
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January 05, 2017, 05:30:47 AM |
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I think it's a good way if you have big enough money in bank account and convert it to bitcoin to keep it for long time. You can see how bitcoin price make stairs graphics on charts this year.
But if your money is not big enough, better make an account in an exchanger and be a short time trader. That's also legit way to make money.
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King Sastro
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January 05, 2017, 07:03:58 AM |
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Yes, no need to ask again, the price of the bitcoin-very unusual. It seems the uptrend will continue and to achieve a price of $3.000 seems like just takes not more than 3 months
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cramcram21
Sr. Member
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Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
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January 05, 2017, 08:08:37 AM |
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Well I think it is specially now that it's price keeps on getting high I really think that holding it for a long time is a good way to make money,
And also it is way more better if you are planning to invest it in some HYIP or some PONZI scheme site's where in the end you will just lost it all cause it's just a scam
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Telepo
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January 05, 2017, 08:13:45 AM |
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There is no doubt about the increase of bitcoin. it hits over 1,100 just some first days of new year of 2017.
I will hold bitcoin for at least 3 months before I can sell it for 50% profit. That is interesting year of bitcoin.
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diegz
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January 05, 2017, 09:08:21 AM |
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I think it's a good way if you have big enough money in bank account and convert it to bitcoin to keep it for long time. You can see how bitcoin price make stairs graphics on charts this year.
But if your money is not big enough, better make an account in an exchanger and be a short time trader. That's also legit way to make money.
If you have no plan for your money, even if it is small, better save it in bitcoin it's good for a long term since you won't be earning big with it in short time. Whether you short in trading or you go long term in keeping, it is the best, since time it self is helping bitcoin to increase its price. |
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Qartersa
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January 05, 2017, 12:59:29 PM |
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There is no doubt about the increase of bitcoin. it hits over 1,100 just some first days of new year of 2017.
I will hold bitcoin for at least 3 months before I can sell it for 50% profit. That is interesting year of bitcoin.
It's good for you if you have that much bitcoins on hand. Getting 50% profit from a bit pile of bitcoins would really be a huge payday for you. I wish I was able to stock up on bitcoins in 2015. I could have been rich by now. The price back then was just around $300. That mines that has been 400% increase and profit! |
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Capradina
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January 05, 2017, 01:51:08 PM |
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There is no doubt about the increase of bitcoin. it hits over 1,100 just some first days of new year of 2017.
I will hold bitcoin for at least 3 months before I can sell it for 50% profit. That is interesting year of bitcoin.
It's good for you if you have that much bitcoins on hand. Getting 50% profit from a bit pile of bitcoins would really be a huge payday for you. I wish I was able to stock up on bitcoins in 2015. I could have been rich by now. The price back then was just around $300. That mines that has been 400% increase and profit! Put away the thoughts of friends!!! . Do not dissolve in remorse that will only make your spirit is gone, now better start thinking about a master plan so that in the future you can get a big advantage. Because without a plan, then our lives this will only become a worthless or can only see someone who is successful. Profits are already through, but the opportunity to gain a greater advantage to mention is things that we can achieve with hard work and a great plan and mature |
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Qartersa
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January 05, 2017, 02:40:38 PM |
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There is no doubt about the increase of bitcoin. it hits over 1,100 just some first days of new year of 2017.
I will hold bitcoin for at least 3 months before I can sell it for 50% profit. That is interesting year of bitcoin.
It's good for you if you have that much bitcoins on hand. Getting 50% profit from a bit pile of bitcoins would really be a huge payday for you. I wish I was able to stock up on bitcoins in 2015. I could have been rich by now. The price back then was just around $300. That mines that has been 400% increase and profit! Put away the thoughts of friends!!! . Do not dissolve in remorse that will only make your spirit is gone, now better start thinking about a master plan so that in the future you can get a big advantage. Because without a plan, then our lives this will only become a worthless or can only see someone who is successful. Profits are already through, but the opportunity to gain a greater advantage to mention is things that we can achieve with hard work and a great plan and mature Plans will not really get you far in predicting the future. Probably earning from something you can get rich from that. But if you are trading or holding on to bitcoins or any other asset, then you cannot really be certain that you will profit from holding it. In 2015, when the prices of bitcoin was only $300, no one could have predicted that it will reach $1,100 as we had in the start of 2017. |
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el kaka22
Legendary
Offline
Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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January 05, 2017, 04:23:50 PM |
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I think it's a good way if you have big enough money in bank account and convert it to bitcoin to keep it for long time. You can see how bitcoin price make stairs graphics on charts this year.
But if your money is not big enough, better make an account in an exchanger and be a short time trader. That's also legit way to make money.
If you have no plan for your money, even if it is small, better save it in bitcoin it's good for a long term since you won't be earning big with it in short time. Whether you short in trading or you go long term in keeping, it is the best, since time it self is helping bitcoin to increase its price. Bitcoin has seen a lot of changes and has been going up and down in terms of price and holding it for a long term may or may not work we can never really know the future, as of 2013 when the price skyrocket to 1200$ and then dropped it is hard to predict the outcomes so the wise thing to do is to invest some and hold some. |
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gabmen
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January 05, 2017, 05:09:59 PM |
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I think it's a good way if you have big enough money in bank account and convert it to bitcoin to keep it for long time. You can see how bitcoin price make stairs graphics on charts this year.
But if your money is not big enough, better make an account in an exchanger and be a short time trader. That's also legit way to make money.
If you have no plan for your money, even if it is small, better save it in bitcoin it's good for a long term since you won't be earning big with it in short time. Whether you short in trading or you go long term in keeping, it is the best, since time it self is helping bitcoin to increase its price. Bitcoin has seen a lot of changes and has been going up and down in terms of price and holding it for a long term may or may not work we can never really know the future, as of 2013 when the price skyrocket to 1200$ and then dropped it is hard to predict the outcomes so the wise thing to do is to invest some and hold some. That's basically the most logical thing to do. Since we won't really be able to know when bitcoin's price would drop, or surge again, it's better if you have contingency for both. Also, we must have control in panic buying and selling as I think this is one of the most common mistakes with altcoin trading. |
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bravehearth0319
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January 06, 2017, 04:34:14 AM |
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Well I guess holding bitcoin a long time is a "Good way to make money". I agreed on this matter but only average in 50% and the rest 50% must goes in rolling in trading platform or investing in the other ico coins which are potentials of course. Because there are saying that "Don't put all your eggs in one basket".
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diegz
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January 06, 2017, 05:11:35 AM |
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Well I guess holding bitcoin a long time is a "Good way to make money". I agreed on this matter but only average in 50% and the rest 50% must goes in rolling in trading platform or investing in the other ico coins which are potentials of course. Because there are saying that "Don't put all your eggs in one basket".
Regardless of "Don't put all your eggs in one basket" it is really needed that atleast part of your savings should be moving and making more money for you. We all know that keeping bitcoin is a good way to make money, but that is only applicable to those who are hoarding big amount and for us who only have small, we should keep some of our savings moving to make money coz waiting for the time that bitcoin would increase for us to profit won't be enough and probably we won't be earning much. |
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bravehearth0319
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January 22, 2017, 05:51:45 AM |
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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-$300 range, isn't having BTC always good?
This thread was quoted since 2015, now is 2017 the price of bitcoin is almost 900$ each. Which means holding Bitcoin is a good way to make profit, all we need is to wait patiently we don't need to rush ourselves in some other things. |
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marcoman22
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January 22, 2017, 11:26:35 AM |
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In today situation, holding bitcoins long time is much better than investing it in altcoins and trading since altcoins price is fluctuating very much and bitcoin price is increasing steadily. Bitcoin price is predicted to cross $2000 by the end of 2017 by most experts.Main reason for it is increase in adoption of companies for bitcoin payment, big companies showing more interest in block chain technology and limited supply of only 21 million coins of which only 5 million coins yet to be mined irrespective of huge demand.
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szpalata
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January 22, 2017, 12:29:40 PM |
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I don't think the length of time to hold Bitcoin matters when it comes to profiting from it but it has everything to do with being a strategist( knowing when to sell and when to buy). If you consider the history of bitcoins in recent times then you'll be convinced to hold it for sometime but that shouldn't be your only or long term strategy to profit.
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lol3c
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January 22, 2017, 02:31:55 PM |
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I don't think the length of time to hold Bitcoin matters when it comes to profiting from it but it has everything to do with being a strategist( knowing when to sell and when to buy). If you consider the history of bitcoins in recent times then you'll be convinced to hold it for sometime but that shouldn't be your only or long term strategy to profit.
I do think time is matter. In the future, we will see many things happening to Bitcoin and its prices. According to my vision, Bitcoin prices will increase to at least $10000 in 10 year later. So if a man invests Bitcoin for a long-term, he will gain a lot of profit in the end of each decade. The strategy is also matter but it only affect to short term investment |
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