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

[target]

I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years

This is the one reason why traders have been holding bitcoin and selling it on prices rise beyond 1000USD. The prices keep on increasing every year and so the people are willing to buy some bitcoin, hold it and then sell it sometime later. Holding the coins for years may not yield so much profit as daily trading but still its good for people who are busy with other work and cant watch the markets all day.

Holding it is the safest thing to do but then you are going to miss a lot of money to earn by just holding it. Its not like you stake it with your wallet and your BTC grows, its the value the grows yet its just $.  If you don't own a lot of it, its better to just buy low and sell high as what they say.  Sell your current BTC during its bubble and then buy them back after seeing people are already dumping. Its the game traders master overtime.  Exchanges with BTC/USD are your friends.

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[Osarman]

I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years

you are right that bitcoin is holding is very good way to make money because bitcoin increasing its price too much faster day by day and there is a lot of people are adopting bitcoin in huge amount and then hold it for the future because they know that bitcoin will be more increasing its price too much faster so hold is better and profitable nowadays.

[poetra2501]

I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years

you are right that bitcoin is holding is very good way to make money because bitcoin increasing its price too much faster day by day and there is a lot of people are adopting bitcoin in huge amount and then hold it for the future because they know that bitcoin will be more increasing its price too much faster so hold is better and profitable nowadays.

Bitcoin is the best long term investment because the prices tend
to be a very sharp increase occurred. Every year the price is definitely improved.
And it would make bitcoin a great asset on future

[traderethereum]

I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years

you are right that bitcoin is holding is very good way to make money because bitcoin increasing its price too much faster day by day and there is a lot of people are adopting bitcoin in huge amount and then hold it for the future because they know that bitcoin will be more increasing its price too much faster so hold is better and profitable nowadays.

Bitcoin is the best long term investment because the prices tend
to be a very sharp increase occurred. Every year the price is definitely improved.
And it would make bitcoin a great asset on future

i am agree, bitcoin is our asset for future but we don't have to keep all of our bitcoin and only waiting the increase of the price, if we want to make our bitcoin grow, then we should search another way to make it growth like trading, investment, or others so if we know that the price is on higher price, then we can sold it while we still have another bitcoin in our wallet.

[ReLieD]

Of course , like if you would have purchased bitcoin at the beginning , when it started.
You would now have been rich.
Even you can do the same , but now the prices are very high .
And so now you already need to be rich to become more rich.
Still if you purchase less bitcoins . Like decimal bitcoins( Satoshi's) , you can still make profits but very less.

[The_prodigy]

I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years

That's very true when you know how to use bitcoin already you can make money with it without any doubts for me bitcoin nowadays are better not like the old ones where its too difficult to earn bitcoin from faucet and other things it because lack of users and lack of demand now bitcoin is everywhere.

[poetra2501]

I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years

That's very true when you know how to use bitcoin already you can make money with it without any doubts for me bitcoin nowadays are better not like the old ones where its too difficult to earn bitcoin from faucet and other things it because lack of users and lack of demand now bitcoin is everywhere.

I see by the progress of the bitcoin as now, its great for bitcoin development will impact future ,
surely if we hold longer our assets (Bitcoin) with a long-term holding, it would give us an more advantage

[Bitcotalk]

a few days the price of bitcoin is high fluctuation
but it seems dump is already over. it is time to buy btc and holding for a long time
its a good way to make a lot of money.

If you are planning to purchase bitcoin to hold for a long time plan on entering during the dumping phase rather than catching when the price is rising so that you can make the maximum profit because it will recover at a later time and from time to time we have seen the recovery with every dumps and every bump in the price occurred because of FUD news either happening in China or because of the economic situation of some countries.

in fact when the downward trend of bitcoin starts no one know that where will the price of bitcoin going to get support, therefore no one like to invest their money in such kind of situation, people get confident when the price start increasing. as in present time we can see that the price of bitcoin has now started increasing therefore everyone is not trying to invest and book some profit.

But I have saw that a number of expert traders and intelligent bitcoin users start to invest in bitcoin when the price of bitcoin start to decrease as they know that it is only a short term down in the price and they know that once again the price of bitcoin will start to increase so those who buy in that time when the price of bitcoin start to decrease often earn a good profit.

yes it definitely happen when the price of bitcoin start to decrease as at that it the traders know that the price of bitcoin will increase after this dump and they start to buy more bitcoins with lower price at that time only those people sell their coins who do not have much believe on bitcoin or who do not have much knowledge about the frequent rise and fall while those who know that it sometimes fall and sometimes drop then start to buy and get benefit in the future.

[markyminer]

Holding long is really a good thing to the users who have long time goals to be achieved. Because without doubt a small investment made now will surely fulfil the plan of the user. To have a exact plan its good to analyze about the growth from the days of bitcoin's invention.

although i am also in favour of long term investment. and specially when the price of bitcoin is trading about 1000 USD. because currently short term investment can be risky, but i think but i think long term investment can only be profitable that if you have a good amount of bitcoin and if you can hld it for a long time. then long term investment be more profitable.

[AUDREY23]

Nice also hold bitcoin for a long time, but even better if used for buying and selling it would be more profitable because the price of bitcoin today continues to rise slowly, buying at low prices and resell at a higher price results are quite make a snack daily

[Mihaylovic]

maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

[phr0stbyt3]

maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

Technically what you are saying is wrong. If you currently see the price it has increased from 700$ to 1000$ in just 1-2 months. So you still think that in the future the price won't go up??
I would recommend all the people who currently have btc to hold it and not sell it because it has lot's of potential in the coming months.

[Bitcoinsummoner]

maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

Technically what you are saying is wrong. If you currently see the price it has increased from 700$ to 1000$ in just 1-2 months. So you still think that in the future the price won't go up??
I would recommend all the people who currently have btc to hold it and not sell it because it has lot's of potential in the coming months.

Well you have a point but there is no assurance that the price could be still increase more or bitcoin will stay alive for too long.. if bitcoin will be legal worldwide maybe we can use bitcoin and hold it for a long time like you said the price is gradually increasing and i think more price increase happen.. and more adoption and more development will come..

[richardsNY]

maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

Technically what you are saying is wrong. If you currently see the price it has increased from 700$ to 1000$ in just 1-2 months. So you still think that in the future the price won't go up??
I would recommend all the people who currently have btc to hold it and not sell it because it has lot's of potential in the coming months.

Well you have a point but there is no assurance that the price could be still increase more or bitcoin will stay alive for too long.. if bitcoin will be legal worldwide maybe we can use bitcoin and hold it for a long time like you said the price is gradually increasing and i think more price increase happen.. and more adoption and more development will come..

In order to benefit from short term fluctuations you can simply secure profits every now and then where alongside that you have a certain amount of coins for the long term. In that case you will be able to benefit from both your short and long term investments. Why choosing just one option when you can do both things without any problems? It's always important to keep all options open without limiting yourself. That's how you make money.

[Master_dandosha]

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

[FlightyPouch]

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

It is really be a good investment and its price really is unpredictable. But my big and worst regret is not earning bitcoin when I had first seen it and talk about by the people around me. It was 2007 or 2010., the price of bitcoin that time is like a candy and I can buy a lot. Well if I just start earning bitcoins that time and then save it until now, I think I am somewhat rich.

[bitllionaire]

Put some in coldstorage. But for Bitcoin to succeed I also think you should use them, to buy, trade etc.

Holding bitcoin for long term is good but you need to have some eye on board also because its giving good profit on short term basis also as happen few days back some bump and now again prices going on regular rate

but short term investment is good only for those people who have good experience in short term investment and those people who are good decision taker as to me i am not a good decision take and i really feel very hard when to sell my bitcoin. as i am holding  my bitcoin for  long time and in previous two bumps i cannot decide to sell my bitcoin. therefore long term investment is too good for me i think.

[mrjoy15]

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

I agree with you,because of in coming decades the price of bitcoin will go further more high where already it have a good demand.So,simply buying Bitcoin and hold it will be the best thing to do at this moment,in my opinion.You will discover so many ways to make money but Buying and Holding one of the most effective and secure way to make money.

[legendbtc]

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

Bitcoin is always the better option for investing and holding longer period because people who invested in the year 2013, Now people will make huge money by now if they hold bitcoin till now. Really it will give bigger profits to people who hold for long haul.

[silversurfer1958]

You got to accept price fluctuations, people buy in (Whales who buy large quantities) which pushes up the price, then they cash out.
I guess as market cap increases, it will be harder for a Whale todo that, but look at Gold and Silver, they're also manipulated and their
market cap is bigger than bitcoin.
Fluctuations are inevitable, and are actually a good thing, yea, it causes uncertainty, but at the same time, volatility can be a source
of gain.
A few weeks ago, I just happened to buy some Monero, quite by accident, the price shot up afterwards, and I cashed some out to
buy back in to Bitcin and other altcoins.
I only made around $100 byt that was over a third of my holdings so..
Price fluctuations can be a good thing, we all feel good when the Price of Bitcoin / Altcoin Soar, but equally, if you have long term faith
in your altcoin holdings, price crashes can be a way of buying more cheaply.

Embrace Volatility