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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368850 times)
FabioDelcatto
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June 17, 2016, 12:43:20 PM
 #601

Holding for a long term is very profitable right now because the bitcoin has a great future a head and because of that its nice to invest in it and put it on a long term.

You can indeed long term hold the bitcoin because its very profitable on a long run another thing is also that its nice, you have to do nothing and are making profit so easy.
Holding is just a save way to earn money and that is because you are waiting for the right moment to sell it and that is really nice and so also safe because you dont lose anything.
But not everyone can wait such a long time because there are also people that is greedy and that is bad because they are making some mistakes.

Its a save way and its also easy and profitable, I think its a very good method to make money safely with the bitcoin alone and not with any other method like trading or gambling as a example.
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bitlancr
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June 17, 2016, 12:51:35 PM
 #602

Holding for a long term is very profitable right now because the bitcoin has a great future a head and because of that its nice to invest in it and put it on a long term.

You can indeed long term hold the bitcoin because its very profitable on a long run another thing is also that its nice, you have to do nothing and are making profit so easy.
Holding is just a save way to earn money and that is because you are waiting for the right moment to sell it and that is really nice and so also safe because you dont lose anything.
But not everyone can wait such a long time because there are also people that is greedy and that is bad because they are making some mistakes.

Its a save way and its also easy and profitable, I think its a very good method to make money safely with the bitcoin alone and not with any other method like trading or gambling as a example.

In the overall experience holding is good and its indeed the easiest way to make some good profits, right now holding is good with the halving incoming.
I would not even hold it for a long term right now due to the risings that has taken place right now.
JohnyWalkerUK
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June 17, 2016, 02:37:18 PM
 #603

I also requested more bitcoin recently from sites.  However bitcoin has dropped all the way down to 227 dollars at the moment.
So since holding those bitcoin at 270... I lost quite a bit due to the btc fluctuations.  However if I sell it right now, then once btc goes back up, then I would feel silly for selling it.
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June 17, 2016, 06:18:31 PM
 #604

The bitcoin is a currency that has grown abundantly, perhaps because it is limited to 21 million bitcoins. No more than that. I'm sure the bitcoin valera, many, many dollars in the future, so I'm already preparing a stock of bitcoin ...
tigerwood0432
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June 17, 2016, 06:31:56 PM
 #605

Hold it for few years , next halving in 2020 , i think we'll see bitcoin to 10,000 $ then


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June 18, 2016, 03:12:08 AM
 #606

Im my opinion, Yes, you can profited alot if you were hold alot of BTC when it was $1 or below than that when 2011. Imagine if you bought alot on that time, and still hold it until now (but im sure there are just a few people who still hold their btc when they bought it at 2011). i think if you buy btc with current price now, its still not too late for hoping it for rise again. goodluck
DoublerHunter
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June 18, 2016, 07:25:23 AM
 #607

Im my opinion, Yes, you can profited alot if you were hold alot of BTC when it was $1 or below than that when 2011. Imagine if you bought alot on that time, and still hold it until now (but im sure there are just a few people who still hold their btc when they bought it at 2011). i think if you buy btc with current price now, its still not too late for hoping it for rise again. goodluck

Yeah i agree with you. We can still make a lot of money from now by just keeping our bitcoin for a long time like another 4 years and sell it for the next bitcoin halving in 2020 Smiley.
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June 18, 2016, 07:51:09 AM
 #608

Holding for a long term is very profitable right now because the bitcoin has a great future a head and because of that its nice to invest in it and put it on a long term.

You can indeed long term hold the bitcoin because its very profitable on a long run another thing is also that its nice, you have to do nothing and are making profit so easy.
in present time i dont think that holding of bitcoin is profitable in present time you should be more careful.
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June 18, 2016, 09:10:31 PM
 #609

I think hold bitcoin in a long time can be a good way, but you must have good patience and also you should have more money to hold for a long time. I have confidence in the future of bitcoin prices will continue to rise. although the journey would experience fluctuating but in the end we will always achieve the highest price.
The time of fluctuating has been lasted , and now is the time of seeing our money increasing with the passing of each day, now the price is increasing much faster and I have noticed that in the last two months the price of bitcoin has doubled.

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crossabdd
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June 19, 2016, 06:11:42 AM
 #610

I think holding for a long time it could be a good way to make money.
but you have to hold large amounts, because you will hold for a long time, so when the time to sell you are not in vain to sell in large quantities. also price of bitcoin unexpected annually, and most importantly, have patience.
hermanhs09
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June 19, 2016, 09:17:50 AM
 #611

I think so. But it depends really on what you value as money. For me, bitcoin and other assets which are decentralized and stable is money. I merely hold BTC for the store of value, without expecting it to bring in a profit.

But yes, if you're looking for fiat profits then definitely.
harizen
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June 19, 2016, 09:19:55 AM
 #612

I think holding for a long time it could be a good way to make money.
but you have to hold large amounts, because you will hold for a long time, so when the time to sell you are not in vain to sell in large quantities. also price of bitcoin unexpected annually, and most importantly, have patience.

Yes for those person who wants to do holding for a long term purposes, they should always add the quantity of their coins to also increase it's value.

Also you can feel the profits of holding when the price surges if you really has a decent amount of coins on the possession.

But just remember that price didn't always went to the way you want so keep on monitoring the prices rather than just save it and make don't mind with it for a long period of time.

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pandalion98
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June 20, 2016, 03:36:18 AM
 #613

For me, there's no way to tell for sure. It may skyrocket, or it may fall.

Only time can tell.
BlueStackz
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June 20, 2016, 06:20:52 AM
 #614

Holding is just saving money but to earn some money you have to sell it and that is also the most risky thing but you dont even know what will happen later in the future.
But you can already see now that the halving is becoming more worth and the price of Bitcoin started already to rise so that is perfect.
No it is not the way to sell our coins to earn profit, but we should have to hod our coins for longer time as much we can, and with that when the price of bitcoin will increase our invested money will also increase.
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June 20, 2016, 07:54:29 AM
 #615

Holding them bitcoin for a long term can be very good the only downside is that the bitcoin cannot be predicted so sometimes its difficult to see if you need to hold it on a certain time or just sell it.
GermanFoobla
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June 20, 2016, 08:12:47 AM
 #616

off course holding bitcoins is a good thing but not holding every coin becasue that is not good for the price increase for us all if everyone holding the price will only drop.
MaxTax
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June 20, 2016, 12:37:57 PM
 #617

off course holding bitcoins is a good thing but not holding every coin becasue that is not good for the price increase for us all if everyone holding the price will only drop.

You are right about that holding up some bitcoins is always good to be honest and right now its very good with this price at the moment.
Nothing can go wrong anymore in my eyes..
maudevang
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June 20, 2016, 02:07:01 PM
 #618

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?
I dont think that can be good for the price of the bitcoin as you know coins need to be spend for a price increase. So holding all of them is not the option.
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June 20, 2016, 03:17:23 PM
 #619

better is to invest in trade or buy some new altcoin that still have a low price. instead you just save your money and will not get anything. The only advice, hopefully help you to make a decision.
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June 21, 2016, 05:49:02 AM
 #620

off course holding bitcoins is a good thing but not holding every coin becasue that is not good for the price increase for us all if everyone holding the price will only drop.
The intention of the majority is to hold it till it is high enough in their sense that they could earn a decent amount of money. For the title says I can't guarantee because you can sell when it's high and buy when it goes to a shockingly low price.

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