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

[avw1982]

as we keep watch bitcoin price,i'm sure holding bitcoin for long time is good way to make money,depending how good you trade it when you have big amount of bitcoins.

Long term goal without exchange bitcoin for Fiat is good way to make money according to my view. Because price will go for sure after halving and if you see the price after some years price of the bitcoin more than 2k usd for 1 btc.  So obviously it's 100% profit for us.

[James100t]

Quite sure, I think holding a long time good way but some risky for you.I hope long time process bring us good advantages but it has some risky at the same time.

[harizen]

Holding in a long time requires patience and one must doesn't need coins for general purposes in their life. With the current move in bitcoin prices, much better while holding make some profits slowly.

[Kolamider]

I have some bitcoins. I will hold it for the long term. In the past, the bitcoin price has risen many times.

[steveds]

I have some bitcoins. I will hold it for the long term. In the past, the bitcoin price has risen many times.

The past doesn't has anything significant to contribute to the future and much less for the price category.
However, what you did is known as Necro posting(post in a thread more than a month old) & there was nothing of importance was added by you, it might also result in permanent ban & your account farming efforts will be wasted.

[Pursuer]

if you want to make money you have to either trade bitcoin or work a job to earn money/bitcoin and not just store bitcoin and sit around waiting for the price to go up. that Is not healthy.

although there is nothing wrong with an investment, especially in bitcoin but I think it is better to keep things moving. for example you can sometimes find ways to invest those bitcoin for example in trading. this way you are on top of the market and will notice if the price is going up or down and also you can profit more on what you already have.

[faridkifly]

good or bad it depends on the situation.
if you're holding ur bitcoin for long time and the price is high. you're the lucky one
but if after long time u hold your bitcoin and the price is drop, its not good. but just keep in mind that the rate is not only in low rate, who knows several weeks later the rate will rise. 

[talkbitcoin]

i think bitcoin is a very good investment if you compare the return to other investments. it is risky business but at the same time it has a good potential of growing. which means if you buy bitcoin now that the price is low, after a long time like 10 years the price is going to be much higher than right now, so easy long term profit.

[BitcoinHodler]

as a long term hodler of bitcoin i gotta say, i livable in the future of bitcoin so if you ask me i say it is a very good idea to hodl bitcoin for a long time until we reach the mass adoption stage.

[MaxTax]

Yes. I think holding now is much better than spend it now and that is quite good I think. The value is not that high now to spend it.
I hope later that more people will make a good investment and that they also will get some profit. But you have to wait a long time.

[n0ne]

Holding for a long time will get you profit, but going for short term profits is better as the days will get counted with
the varying price. So if you are wishing to hold do it for a very long term which is the best option.

[greBit]

if you want to make money you have to either trade bitcoin or work a job to earn money/bitcoin and not just store bitcoin and sit around waiting for the price to go up. that Is not healthy.

although there is nothing wrong with an investment, especially in bitcoin but I think it is better to keep things moving. for example you can sometimes find ways to invest those bitcoin for example in trading. this way you are on top of the market and will notice if the price is going up or down and also you can profit more on what you already have.

Yes that's a nice piece of advice it's always good to be up to date with bitcoin rather than just investing and waiting for the value of btc to increase and earn because sometimes bitcoin because unpredictable and if you have day to day knowledge which you can gain by trading it will be very helpful to make more profit

[CryingMidget]

Holding for a long time will get you profit, but going for short term profits is better as the days will get counted with
the varying price. So if you are wishing to hold do it for a very long term which is the best option.

 I would agree with you pal. Because price is matted in this view I guess. Even I am greedy about the rate change in bitcoin's Value.
I am also holding as you doing bro.

[Wapinter]

If you have bought bitcoin,you should sell when price is 100 $ more than your buy price and buy again when you can afford it.If however you have earned it,you must keep spending you bitcoins as this is what currency is supposed to be used for.By holding bitcoins,we are not doing any good to bitcoin,bitcoin is a currency and not a commodity

[jerowacik]

yes it is a very appropriate way. you save bitcoin with the opportunity to get more money someday. This is the best choice to trade bitcoin. 

[Pollak]

Its good to save your money. But you dont must wait too long. There will be a time that you must sell your coins.
You must sell it when you think it has a good value to sell it and when you can also make some profit.

[sishendaoye]

You never know what can happen later in the future. So you must take the risk that you also can lose some money.
But lets hope for now. If you see now. Then you can see that the price is rising slowly and that is very good.

[CryingMidget]

You never know what can happen later in the future. So you must take the risk that you also can lose some money.
But lets hope for now. If you see now. Then you can see that the price is rising slowly and that is very good.

Price is the matter for everything as you said,  but block halving us on the way so You bravely hold the bitcoin atleast till September. Then you find best price bitcoin trading.

[sempak]

continue to keep bitcoin you have. can benefit by waiting bitcoin at a high price.

[Herbert2020]

although holding bitcoin for the future is a good (or better said easy) option for profiting i think in order to make good money the better option is to trade bitcoin or if you can find any kink of investment option that is legit, investment is a good option too.

because it is never a good idea to let the money just stay unused, sitting in your wallet. money needs to be in circulation and make more as it goes around.