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

[Icaxx]

As the current market rates fluctuates daily but as on weekends they fluctuates about 15dollars  so you can flip your bitcoins at weekends.
And, no holding your bitcoins for long is not a very good idea, you can trade them for other altcoins and then trade them back to btc after their incereased value, basically buy low and sell high.

I agree for such kind of people who has knowledge about trading will be good to trade with altcoin and back to btc.
But for some people just as investor, holding is best way. Waiting for the the price increase then sell it.

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[PrinceCaspian]

If you really think that you can hold it for a long time then it is indeed the best time to make money with holding bitcoin. Holding bitcoin is not easy because there will be a lot of challenges like temptation to sell or put bitcoin to another type of coin which is risky. So you need to have a clear plan for what you are going to do with your bitcoin.

[MysticaIDimpIes]

Yes I think that keeping them is excellent these days simply because its just so profitable, individuals that are going for long terms are going to make large earnings.

[sandos]

Yes, Bitcoin is predicted to increase in long-term. Therefore, holding Bitcoin is a good choice.

[kkofor]

Bitcoin has declined now, and I don't think we should hold bitcoin now. Let choose other coins such as Bitcoin cash to invest

[adsdas]

Certainly, From 2009, Holding Bitcoin is alway a right way for investors. But now, you will have to reconsider. Does Bitcoin has a future again?

[emmanborromeo67]

hold bitcoin for long time, but some times there will be sudden drop in bitcoin price at that time you can hold them until price increases, in this you can make more money by holding bitcoin longer time.

[Hanako]

Yes it is holding bitcoin in a longterm way is a good chance of having also a nice profit. If your a lucky bitcoinees that know bitcoin in year of 2009-2011 gap maybe your now multi millionaire if you invested some of money in that year because bitcoin value just a cents and see right now $7000 hehehe

[bamb]

From my experience in crypto couple with other people's experiences I have read. It is a fact that holding bitcoin in a long term perform better to trading. If you held bitcoin from the begining of this year, you would have gain 700% in profit.

[Jack353]

Wow, I truly hope you carried this out. Bitcoin has skyrocketed, as you know, and if you got in at $200-300, you have made a fortune!

Yes, HODLing BTC is a fantastic way to make money!

Good luck and stay safe!

[tamoymie]

actually most of the people here always think of doing that. for just only one reason. bitcoin value is soaring high as time goes by. but, never to take out from you mind that doing such action will be very opened for some other issue, like.. how long will you be able to wait? whould you be very patience to wait for it grow? well, the higher you risk the higher of return.

[Periodik]

Isn't proven enough time after time? I started having Bitcoins when it was around 600 usd. Now I am very happy with its results. I always keep bitcoin even though I am a trader and a bit addicted on altcoins. Despite losing some bitcoins starting 2nd half this year when alts are bleeding I am still gaining in terms of fiat. I really believe bitcoin is still on its way to break $10,000 perhaps this year. 

[jankekek]

Yes and no. It depends on what happens in the future. If bitcoin continues to be safe then it will probably only go up, but if some kind of scandal happens then it could drop by alot.

[Japinat]

Maybe hold 10% of your money in alt-coins can worth on a medium-long term, but it's too risky, Bitcoin is safer.

Bitcoin is safer based on the status now but we cannot ascertain in the future so let's still consider it risky like other altcoins.
Just like what happen today, bitcoin just dump so hard because people are transferring their holdings to bitcoin cash and if you are an investor without knowledge on what is happening now, you might panic and sell with a loss.

[Gabe]

It depends what you call long time. Some might say one month is a long time. I personally dont think its wise to hold onto bitcoin for years without selling. You can always sell and then buy again at a lower price. Thats my opinion.

[Xising]

This is quite true. Just imagine having one bitcoin for this month, now let’s say that it’s value is $500. By next month, it increases into let’s say $550, when you withraw it into cash you’ve practically earned $50. So, that’s how we make money by holding onto our bitcoin.

[emanbea1234]

They have learned a lot by spending not much will copy and do it better, sooner or later Bitcoin will become history.

[chnyifan]

Yes because the price sky rockets from time to time.

[ukboss]

All of the crypto currency trader know that is a best way to make money with crypto trading is holding bitcoin for a long time . Here is a two system in is short time trading and other is long time trade, if anyone want to make money for a long time so those people need to hold bitcoin for a long time. Holding bitcoin for long time it is no risk but short time trade it is risky.

[sugihe]

Yes, i like more holding. Its good way i think to get profit.
As i know, hold bitcoin longer is great way.