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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368076 times)
mx667
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April 10, 2018, 11:54:04 PM
 #3301

Buying Bitcoins now and keeping for long term is the best option as of now especially the price of Bitcoin is dumping now and that is a great buying opportunity for us to buy and hodl Bitcoin for long term. So, hold Bitcoin for long term is very worth and profitable investment, don't hesitate.
I am not so sure that the Bitcoin can give you a certain profit and you will definitely become rich by invest into Bitcoin. I can only give you this basic and solid information that Bitcoin, is the best crypto in the world. Bitcoin is the mother of all crypto in the world. Bitcoin is the founder of all cryptos in the world. The price of Bitcoin always increasing so fast and so high, unlike other cryptos. There are not cryptos like Bitcoin, and there no coins can stop Bitcoin or surprase Bitcoin, hahaha.

But you must know about the basic knowledge of crypto world. The price of Bitcoin and cryptos, always decreasing and increasing. It is not certain because there are not regulations that keep them together. They are free, and they can give us some freedom too, including especially financial freedom. I can only give you advice that if you want to invest into Bitcoin, just do long-term invest, so that you will get big profit by investing in some years. And also, if you want to invest into Bitcoin, you must pay attention about the amount of Bitcoin that you invest and the current price when you want to sell it.
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April 11, 2018, 12:33:30 AM
 #3302

Yes,you can hold the bitcoin for long time wait until the price is right...its just like in the market sometimes increasing and decreasing all got to do is to wait untill the high price is in the market,dont hesitate to hold it in long term,you need patience in this kind of business
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April 11, 2018, 01:55:36 PM
 #3303

Please don’t tell people to buy bitcoin because the bonuses are going to be less in 2018. It’s only reasonable to invest for a long time.

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April 11, 2018, 11:32:46 PM
 #3304

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?

In this time yes the bitcoins are really mean for a long run today because the value are not increasing in speed mode so all we have to do and all we can do is to wait for that time that the bitcoins is huge again and that is the time we will gonna sell. But you can always sell if you wanted to it is really up to your Choice. Huge profits or you desire to spare that money
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April 12, 2018, 12:48:46 AM
 #3305

No holding Bitcoin is right to make money. But don't wait for a long time whenever you will the price is good then you can sell. And if they drop be sure to buy even more because after a drop they will get up above the previous price before the drop.
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April 12, 2018, 10:39:51 AM
 #3306

I can compare bitcoin to gold, but existing in web world. Its value is like the value of gold, when it gets down it will surely grow later.

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April 12, 2018, 10:53:29 AM
 #3307

Buy low, sell high is how you can make money!! If btc has gone below the price at which you bought, then hold it till you can get some decent profit. You can always buy back dips later after you have sold at some higher price.
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April 12, 2018, 06:45:11 PM
 #3308

Please don’t tell people to buy bitcoin because the bonuses are going to be less in 2018. It’s only reasonable to invest for a long time.
Yes, holding Bitcoin for long time is a good way to earn money. It basically increases the chances for you to get a larger portion of increase in the value of your portfolio. Besides, the price level also increases persistently in long term which gives benefit to those who hold for long. It starts from a low value and stops or fluctuates at a value much higher than the initial one like witnessed in 2017.

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April 12, 2018, 06:57:44 PM
 #3309

Yes, holding Bitcoin a long time is a good and profitable way to make money. Almost so many people around the world become rich because they bought BTC with very low rates, and they keep storing their bitcoins for several years until the price reach the highest level a few months ago. So holding works, but you need to be really patient and controlling your emotions.

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April 12, 2018, 07:27:41 PM
 #3310

Cryptocurrencies have firmly entered our life and now nothing can change with simple prohibitions. The state will have to regulate this new industry and try to generate revenue from it. Therefore, it is precisely the correct regulation of the cryptomarket that will become the basis for the growth of the price of not only Bitcoin, but also other alternative coins. Just give market a little bit more time and it give you great opportunities to get profit. Be patient.

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April 13, 2018, 03:34:38 AM
 #3311

First of all, the risk of investing in Bitcoin will be much less, investment will need patience, and investing in Bitcoin will also make plans for the future.
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April 13, 2018, 01:29:54 PM
 #3312

Bitcoin market has lot in common with stock exchange. Explore the charts, try to predict the changes and accordingly trade, possess or buy

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lamadu3
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April 15, 2018, 03:40:20 PM
 #3313

Yes because it really need a lot of time before you achieve your desired profit. Bitcoin for now is bleeding, it is very unpredictable when it pumps again.
You will suffer to losses or you can only have a little bit amount of profit if you just sell your coins without good timing.
In general, it is good to keep Bitcoins for a pretty long time. However, I would say that everything depends on the market situation. You can sell BTC on the peak and then buy the coins again then the price is low.

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April 15, 2018, 03:47:15 PM
 #3314

It's not really profitable in short time  , last year btc hit 20k and right now 8k  , do you think it is profitable ? sell at high price and buy back at low price.
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April 15, 2018, 08:21:31 PM
 #3315

Holding bitcoin "really" a good way to make money but its much better to hold it occasionally. What I mean is make profit than waiting long time to boost its price. In this way, you can acquired more coins while at the same time gaining profit without waiting too much in time.
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April 18, 2018, 08:26:23 AM
 #3316

Bitcoin will bring more profit if you choose the strategy of keeping it for a long period of time. The next 4-5 years its price evidently will grow several times and if you are smart enough you’ll hold it. Short-time trading is possible also but is very dangerous.

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April 18, 2018, 08:33:41 AM
 #3317

Yes, investing in bitcoin is indeed a long-term investor's choice. If you invest in bitcoin and want to make a profit in the short term, I think this is impossible. Although bitcoin can only do long-term investment, I think that you will get more profits.
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