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

[mobilestrike]

I believe that holding bitcoin long enough really does bring a good profit. Already a lot of users have become rich in this way and I also want to repeat their path until the price grows so rapidly.

Yes, of course. Holding Bitcoin always profitable, our past experience indicates that way! Just hit $4,100+ in Bitcoin Value today, this is all time high price. So, it is good decision right now to BUY BTC, hold very tight and waiting next BOOM!

You are right about holding bitcoins very tight. Since bitcoins are very speedily moving towards the sky, it would not be safe if you hold lightly your bitcoins. There are maximum chances of falling off from the bitcoin roller coaster. Even if the prices are dumping, I prefer holding onto bitcoins. 

[1713251076]

1713251076

[Viscore]

I believe that holding bitcoin long enough really does bring a good profit. Already a lot of users have become rich in this way and I also want to repeat their path until the price grows so rapidly.

Yes, of course. Holding Bitcoin always profitable, our past experience indicates that way! Just hit $4,100+ in Bitcoin Value today, this is all time high price. So, it is good decision right now to BUY BTC, hold very tight and waiting next BOOM!

You are right about holding bitcoins very tight. Since bitcoins are very speedily moving towards the sky, it would not be safe if you hold lightly your bitcoins. There are maximum chances of falling off from the bitcoin roller coaster. Even if the prices are dumping, I prefer holding onto bitcoins. 

As we hold we have to ensure we have the specific plan where we can dispose our bitcoin, it has to be specific with the price and whether
if it will happen sooner or later we still have to do it. As long as we sell for a profit that is already a great achievement to us.

[Nameless27]

As this topic been around 2015 and it's 2017, if all the account before mine hold bitcoin since then. They were rich right now, the bitcoins increasing rapidly until the end of this year. I gonna hold mine for it might peak to 10$k after two years (2019).

[passwordnow]

What happens is true, holding bitcoin for a long time makes us have more money. Look at investors holding bitcoins for at least 1 year before. Maybe they're laughing happily find bitcoin price is as crazy like today.

HOlding is the way to richest. If you have the patience to hold your bitcoin for a very long time, you are on the right way of investing it. Holding is investing and even not just 1 year, if you want to make better amount you just have to wait and watch the civil war of bitcoin against other alt coins. Sit back and just relax.

It is going to be a healthy competition as bitcoin is rising, altcoins will also follow, it is not the old days that when bitcoin is up altcoins will die, now we can see there are altcoins who rise together with bitcoins. People are more educated now and they invest not only because of the hype but because of the usefulness of the project, true there are shit coins still but people does not fall victims of it anymore unlike the old days.

Alt coins are surely following but it's better to focus with bitcoin now. This isn't a joke and the rise is for real we are now into the days of $4,000 and possibly that it may go down but the deal is it is going to pump for some more time. So we don't have to scream it out but just hold.

[Dendron]

Yeah, Bitcoin price is rocketing right now, but think this is just the beginning. Actually, I think the best way to make money is to buy bitcoins and let them sit for a few years on a wallet.

[batt01]

It has certainly proven to be an excellent way to make money. Especially if you have been holding it for the last couple of years  Anyway, I still think that even if you buy now and hold it for a while, it will still be profitable. I assume there is still growth potential for the price...

[logicgate]

Base on the current movement of the market value of Bitcoin holding bitcoin for both long time period and short time period is a good way of making money or bitcoin.

I am agree with you this points that the current movement of the market value of bitcoin is very best, so you are right that time we need to hold our bitcoin for long term and also hold its for short term because this time both way is very profitable for us and we make our money increase very fast. So both is very better way but to me long term is very good as compare to short term holder

[Images21]

Yes, holding bitcoin for a long time is, not just good, but the best way to make money. But here is the catch, it is proven right now that you are not anymore needed to hold your bitcoin for too long. We are almost doubling now in at least a month. I cannot fathom the ways of bitcoin. 

[deddod]

It has certainly proven to be an excellent way to make money. Especially if you have been holding it for the last couple of years  Anyway, I still think that even if you buy now and hold it for a while, it will still be profitable. I assume there is still growth potential for the price...

Yes, maybe a few more months the Bitcoin price will be doubled from now on.
At a glance, the current BTC price is too expensive to buy.
But we see the future of bitcoin for years to come. I think this is a great time to buy some bitcoin.

[Myxa]

Yes, as long as you bought using fiat money under 10 000$, you will earn a good amount of money because of the price increase. Buy at any price, that will maybe drop, but you are assured price will rise again in the future, above current price, so why hesitate more ? Because in case it does not drop, you will have missed a great opportunity.

[BunnyShibe]

Yes, as long as you bought using fiat money under 10 000$, you will earn a good amount of money because of the price increase. Buy at any price, that will maybe drop, but you are assured price will rise again in the future, above current price, so why hesitate more ? Because in case it does not drop, you will have missed a great opportunity.

yes i also think that it is good to hold bitcoin for a long time. it is right that the price of bitcoin can take a correction and the price will drop a little but after correction the price of bitcoin is expected to boost again and will hopefully cross 5000$ in next few days, and that is the reason that we can see that still most of the people are not selling their bitcoin but are going to hold it for a long long time, as they are expect the price even to reach to 7000$ very soon.

[JRoa]

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?

Yeah of course it is really a good way to make money. Holding for a long time is really effective.

[batang_bitcoin]

Yeah, Bitcoin price is rocketing right now, but think this is just the beginning. Actually, I think the best way to make money is to buy bitcoins and let them sit for a few years on a wallet.

This is the beginning for the road to $10,000 and we are almost half of it. Just keep on hold guys because there will be the time that you will regret that you had sold before earlier at a very lower price but in my case I won't be regretting anymore as there's a benefit and there's a reason why I did sold my bitcoins before.

[CoinDog77]

In my eyes the best way to increase your bitcoin is trading.

The fluctuation of BTC is pretty impresive but if you look at other coins you can triple your btc easily..

Trading will always remain unpredictable, so thats why I do a lot of research before investing.

I focus on reading articles, and when possible I attend to crypto meet ups.

Also I use some free software that predicts the future of several coin markets. www.cryptoforesight.org

Holding on to your bitcoin is a safer way to make profit, but it takes way more time.

Do your research and start making nice profit by trading, afterall your profits will always be in BTC...

[chickenfried12]

It should be understood by all investor, it will not gonna be an easy way especially if they are keep for long  term. This is a good investment but we have to understand that the market is not stable yet on this time , and the miners  will be happy on the price going to be higher and still they should be mine for BTC healty 

[conected]

Yes, as long as you bought using fiat money under 10 000$, you will earn a good amount of money because of the price increase. Buy at any price, that will maybe drop, but you are assured price will rise again in the future, above current price, so why hesitate more ? Because in case it does not drop, you will have missed a great opportunity.

yes i also think that it is good to hold bitcoin for a long time.

- I prefer to invest bitcoin into altcoin rather than holding bitcoin because if we want Bitcoin achieve higher value now, we will need to wait in a long time and myself, I do not like to waste time. So i will spend my time and bitcoin to trade altcoin, that will help me earn more bitcoin and I will sell the bitcoin for the highest price possible as long as I feel that the price is reasonable. The future of bitcoin is unpredictable, should not hold it too long although we may regret in the future but safety first

[endaiin]

I choose alt coin for long term investment.
But i have a little bit on bitcoin to.

[Fr33Th1nk3r]

It actually depends on your requirement. Are you into long term investment or short term investment? Long term if you are looking at savings, retirement or educational expenses. Short term if you are looking at Bitcoin to supplement your daily or monthly needs like paying utility bills, groceries or having a great dinner with your loved ones.

If your goal is short term, there is an opportunity to earn. However, it takes constant attention. On a daily basis, there will be times when the value of BTC is significantly low. This is due to peer to peer activities and the buying and selling habits of all participants of the Bitcoin economy. You need to identify and observe when these low points occur on a daily basis. Once you are confident in identifying these low points, you may then proceed to buy low and sell high and repeat the process until you have earned a significant amount of money to address your needs.

If you goal is long term then this is a no brainer. If you search the internet for "price index for bitcoin" you will get a lot of result. From the graph, you will immediately notice that the value of Bitcoin has always been on an upward trend with some instances or dipping but returning to the upward trend. A year ago, the value of BTC was 1/4 of what it is today. Also, because the amount of bitcoin is finite, the law of demand and supply will really apply to Bitcoin in the long run  which means whether we like it or not, the value of Bitcoin is destined to increase.

[hashtag101]

I choose alt coin for long term investment.
But i have a little bit on bitcoin to.

Of course choose altcoin for long term investment always have opportunity get rich fast than choose Bitcoin for do that.
However, remember the final place of us always is Bitcoin and FIAT

[Pacanier]

Yes, I think this is a good way to make money. Due to deflationary nature of Bitcoin, its price will only grow on the long term.