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

[Taki]

We have many examples of people who bought bitcoin when it has price like 2$ and they are millionares now, but bitcoin costed like that more than 5 years ago. So I think for the perspective about bitcoin we have to base exactly on this time, five years. I already began to put on side some percent of my monthly bitcoins for the future.

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[matthona]

We have many examples of people who bought bitcoin when it has price like 2$ and they are millionares now, but bitcoin costed like that more than 5 years ago. So I think for the perspective about bitcoin we have to base exactly on this time, five years. I already began to put on side some percent of my monthly bitcoins for the future.

Those were the lucky people who bought at that low price but those days will never come back again and if bitcoin falls that low then it would be definitely end of bitcoins, but even if you buy now and manage to hold for next 5 years then still you can make good profits as price will be surely higher after 5 years.

[TheUltraElite]

We have many examples of people who bought bitcoin when it has price like 2$ and they are millionares now, but bitcoin costed like that more than 5 years ago.

Not exactly correct since the people who did buy at less than 10$ per bitcoin did sell all their coins when prices touched around 100-200$. Then they bought again and again sold them at rise of 100-200 units. This cycle is continuing even today. No one has that much patience that they held their coins for 7 years.

So I think for the perspective about bitcoin we have to base exactly on this time, five years. I already began to put on side some percent of my monthly bitcoins for the future.

This is a correct idea. The idea that many people are following. Many of us are putting small amount of savings into bitcoin assets every month. That way our total stock of bitcoin increases and we can sell them when we want to make profits.

[daringdiscovered]

For me you won't earn that much profit if you are just going to hold bitcoin for a long time then sell it after a year or so. If you will put that on some kind of investment like a business or do trading, yiu can earn more btc than just holding it for a long time. Although there are some risks but it is up to you if you will take it. As they say no pain no gain. If you are afraid that you can lost your btc when you invested it then it is better to just hold it.

[RealPhotoshoper]

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

Why he will not get anything if he will not do any thing with them. You can see that from the last year the price of bitcoin is tripled up so all of those who have kept their bitcoin doing nothing on their wallet then they have got a good profit from that investment.

If it does not do anything alone can make money, especially if we do trade with short-term,
buy when cheap prices and sell when it is expensive. It'll make us earn a bigger profit than not doing anything

You talking about how good the profit from trading only , without considering the risk you can lost alot!
People always lured with that way but failed in the end.
For me making money by investing long term in bitcoin always be a good idea rather than any other way & investment, why? Simply i am risk taker and i believe in bitcoin!

What you said is true, everyone talks about profit from trading but no one tells about the risk of loss in trading also, their are so many users who are in big loss due to trading in altcoin without knowing about the coin features and get scammed by scam coins,

That is why if you are earning other income then save from that and buy bitcoins and keep for long term apart from that you can earn bitcoins through this forum buy doing lot of task.

So yeaaa it is always better to invest in the long term if you have no time to trade in daily basis.
Trading required experience and skills to analyze the market and some news that could affceted.
And for those people who is too busy to just learn and looking for an experience , the best choice to make money in the long run always an investment business.

[dmamigo]

For me you won't earn that much profit if you are just going to hold bitcoin for a long time then sell it after a year or so. If you will put that on some kind of investment like a business or do trading, yiu can earn more btc than just holding it for a long time. Although there are some risks but it is up to you if you will take it. As they say no pain no gain. If you are afraid that you can lost your btc when you invested it then it is better to just hold it.

Holding or putting money is itself an Investment. And holding obviously will grow your money, but yes the timing to release your holdings depends on your profit. The of BTC nearly few months ago was $650-750 and now it is going around for $900-1100. But yes ofcourse it doesn't guarantees great profit if you hold your BTC. So investing somewhere else might get you bigger profits. But BTC is currently a great positive Investment Option. Personally for me its good to hold BTC.

[TheUltraElite]

For me you won't earn that much profit if you are just going to hold bitcoin for a long time then sell it after a year or so. If you will put that on some kind of investment like a business or do trading, yiu can earn more btc than just holding it for a long time. Although there are some risks but it is up to you if you will take it. As they say no pain no gain. If you are afraid that you can lost your btc when you invested it then it is better to just hold it.

For people who are having a job daily or maintaining their own business it can tough to keep tabs on market and declare sell orders or buy orders every now and then. For them holding for long is the better method if they dont want to compromise their other work

Again I agree daily trading is more profitable, but then big dips are common and if such things happen we have to wait for the prices to rise again before resuming trading - since you never know what was the real cause of the dip - it may be hacking of some big company which is not uncommon and happened with many.

[n0ne]

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

Why he will not get anything if he will not do any thing with them. You can see that from the last year the price of bitcoin is tripled up so all of those who have kept their bitcoin doing nothing on their wallet then they have got a good profit from that investment.

If it does not do anything alone can make money, especially if we do trade with short-term,
buy when cheap prices and sell when it is expensive. It'll make us earn a bigger profit than not doing anything

You talking about how good the profit from trading only , without considering the risk you can lost alot!
People always lured with that way but failed in the end.
For me making money by investing long term in bitcoin always be a good idea rather than any other way & investment, why? Simply i am risk taker and i believe in bitcoin!

What you said is true, everyone talks about profit from trading but no one tells about the risk of loss in trading also, their are so many users who are in big loss due to trading in altcoin without knowing about the coin features and get scammed by scam coins,

That is why if you are earning other income then save from that and buy bitcoins and keep for long term apart from that you can earn bitcoins through this forum buy doing lot of task.

So yeaaa it is always better to invest in the long term if you have no time to trade in daily basis.
Trading required experience and skills to analyze the market and some news that could affceted.
And for those people who is too busy to just learn and looking for an experience , the best choice to make money in the long run always an investment business.

Investing into long term is a good way to make better earning,  at the same something important to be considered on the go is to make changes or sell the invested amount by withdrawing it,  because at times the price reaches peak.  We need to be careful to use the right time to make good profit out of it. Else you might feel bad if price drops during the time of withdrawal on urgent needs.

[tokenmarket]

I would say hold on to your BTC. you will never know what the price will be in the next couple of years. Seeing how it went up to $1000, compared to summer of 2016, it already proves the theory that BTC is good long term investment.

[electronicash]

We have many examples of people who bought bitcoin when it has price like 2$ and they are millionares now, but bitcoin costed like that more than 5 years ago. So I think for the perspective about bitcoin we have to base exactly on this time, five years. I already began to put on side some percent of my monthly bitcoins for the future.

Those were the lucky people who bought at that low price but those days will never come back again and if bitcoin falls that low then it would be definitely end of bitcoins, but even if you buy now and manage to hold for next 5 years then still you can make good profits as price will be surely higher after 5 years.

its not ideal when you only buy just few btc, this time you need ahuge capital to really profit substantial amount like 50 btc. if by 5 years the price of btc rise up to $2000, then you just gain 50 btc more which is also $50k. only then you can say its worth than only buying 5btc.

[RealPhotoshoper]

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

Why he will not get anything if he will not do any thing with them. You can see that from the last year the price of bitcoin is tripled up so all of those who have kept their bitcoin doing nothing on their wallet then they have got a good profit from that investment.

If it does not do anything alone can make money, especially if we do trade with short-term,
buy when cheap prices and sell when it is expensive. It'll make us earn a bigger profit than not doing anything

You talking about how good the profit from trading only , without considering the risk you can lost alot!
People always lured with that way but failed in the end.
For me making money by investing long term in bitcoin always be a good idea rather than any other way & investment, why? Simply i am risk taker and i believe in bitcoin!

What you said is true, everyone talks about profit from trading but no one tells about the risk of loss in trading also, their are so many users who are in big loss due to trading in altcoin without knowing about the coin features and get scammed by scam coins,

That is why if you are earning other income then save from that and buy bitcoins and keep for long term apart from that you can earn bitcoins through this forum buy doing lot of task.

So yeaaa it is always better to invest in the long term if you have no time to trade in daily basis.
Trading required experience and skills to analyze the market and some news that could affceted.
And for those people who is too busy to just learn and looking for an experience , the best choice to make money in the long run always an investment business.

Investing into long term is a good way to make better earning,  at the same something important to be considered on the go is to make changes or sell the invested amount by withdrawing it,  because at times the price reaches peak.  We need to be careful to use the right time to make good profit out of it. Else you might feel bad if price drops during the time of withdrawal on urgent needs.

The point is when you can not afford to manage the money to make profit through a short term business such as trading or something like that , then you should not do it.
Take a look to another oportunity such as this long term investment in bitcoin , if it has better chance for you then take it seriously.

[BitcoinGirl.Club]

We have many examples of people who bought bitcoin when it has price like 2$ and they are millionares now, but bitcoin costed like that more than 5 years ago. So I think for the perspective about bitcoin we have to base exactly on this time, five years. I already began to put on side some percent of my monthly bitcoins for the future.

Those were the lucky people who bought at that low price but those days will never come back again and if bitcoin falls that low then it would be definitely end of bitcoins, but even if you buy now and manage to hold for next 5 years then still you can make good profits as price will be surely higher after 5 years.

The early adopters were the lucky ones who got rewarded for it. That is why I like to think of bitcoin more of a pyramid structure which rewards early adopters well and new entrants have to profit from the short time fluctuations,that is why holding for a long time is nolonger profitable.

[TheUltraElite]

I would say hold on to your BTC. you will never know what the price will be in the next couple of years. Seeing how it went up to $1000, compared to summer of 2016, it already proves the theory that BTC is good long term investment.

Exactly and this is why people hold the coins for a long time before selling it. This fluctuation in prices is what has attracted users to bitcoin and use it as a trading commodity more than as a currency. Buying low and the selling high allows people to make profits more than what they can do with fiat money in stock markets.

However it can be both a short term and long term investment depending on the basis of daily trading or opportunistic trading.

[virasisog]

We have many examples of people who bought bitcoin when it has price like 2$ and they are millionares now, but bitcoin costed like that more than 5 years ago. So I think for the perspective about bitcoin we have to base exactly on this time, five years. I already began to put on side some percent of my monthly bitcoins for the future.

Those were the lucky people who bought at that low price but those days will never come back again and if bitcoin falls that low then it would be definitely end of bitcoins, but even if you buy now and manage to hold for next 5 years then still you can make good profits as price will be surely higher after 5 years.

The early adopters were the lucky ones who got rewarded for it. That is why I like to think of bitcoin more of a pyramid structure which rewards early adopters well and new entrants have to profit from the short time fluctuations,that is why holding for a long time is nolonger profitable.

Yes ,but it is always profitable as of now .As we saw the price and its good uptrend plus a good innovation of governments and legitimization of bitcoins it will be more high price .In short expect the unexpectes if bitcoin price will go $10,000 it is almost a big break for us ,So now is the right time as you can afford to buy or save bitcoins it will have a good profit in the future .

[grandy]

We have many examples of people who bought bitcoin when it has price like 2$ and they are millionares now, but bitcoin costed like that more than 5 years ago. So I think for the perspective about bitcoin we have to base exactly on this time, five years. I already began to put on side some percent of my monthly bitcoins for the future.

Those were the lucky people who bought at that low price but those days will never come back again and if bitcoin falls that low then it would be definitely end of bitcoins, but even if you buy now and manage to hold for next 5 years then still you can make good profits as price will be surely higher after 5 years.

The early adopters were the lucky ones who got rewarded for it. That is why I like to think of bitcoin more of a pyramid structure which rewards early adopters well and new entrants have to profit from the short time fluctuations,that is why holding for a long time is nolonger profitable.

Yes ,but it is always profitable as of now .As we saw the price and its good uptrend plus a good innovation of governments and legitimization of bitcoins it will be more high price .In short expect the unexpected  if bitcoin price will go $10,000 it is almost a big break for us ,So now is the right time as you can afford to buy or save bitcoins it will have a good profit in the future .

yes long term investment is always profitable. there is no doubt about this. and specially in present time when the price of bitcoin is already trading above 1050 and when there is such a big violation in the price of bitcoin. in long term investment there is a very little chance of losing money .

[GameunitsSEO]

Sure HOLD bitcoin there are only 21 millions if it hit the mass you can be rich with just 1-10 BTC'S.

[kidoseagle0312]

We have many examples of people who bought bitcoin when it has price like 2$ and they are millionares now, but bitcoin costed like that more than 5 years ago. So I think for the perspective about bitcoin we have to base exactly on this time, five years. I already began to put on side some percent of my monthly bitcoins for the future.

Those were the lucky people who bought at that low price but those days will never come back again and if bitcoin falls that low then it would be definitely end of bitcoins, but even if you buy now and manage to hold for next 5 years then still you can make good profits as price will be surely higher after 5 years.

its not ideal when you only buy just few btc, this time you need ahuge capital to really profit substantial amount like 50 btc. if by 5 years the price of btc rise up to $2000, then you just gain 50 btc more which is also $50k. only then you can say its worth than only buying 5btc.

Your indeed right dude, right we don't have nothing to do so far but to save bitcoin even it is a small amount of satoshi  it's very valuable but as much as you can save a huge of bitcoin and you are afford to do it, do it now. By next year it can be double your investment or more if that happen many will be happy of course.

[seekoin]

I have been trading many things since last 1991, and believe me, Bitcoin has only one competitor: Gold.

[richardsNY]

I have been trading many things since last 1991, and believe me, Bitcoin has only one competitor: Gold.

Bitcoin is far superior compared to gold, in nearly every aspect. I say nearly because gold has the advantage that it can be used offline as currency due to its physical form. Bitcoin at all times relies on you being connected to the internet in case you want to move value. I think it's just a matter of time before high level investors will realize that as well.

[seekoin]

I have been trading many things since last 1991, and believe me, Bitcoin has only one competitor: Gold.

Bitcoin is far superior compared to gold, in nearly every aspect. I say nearly because gold has the advantage that it can be used offline as currency due to its physical form. Bitcoin at all times relies on you being connected to the internet in case you want to move value. I think it's just a matter of time before high level investors will realize that as well.

+1

With more that 16 billions of market capacity, I have no doubt big boys already realized it.