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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368850 times)
CryingMidget
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February 29, 2016, 05:22:48 PM
 #281

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

Yup chap, I would agree with you, Holding is the bewt way to make bitcoin.
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February 29, 2016, 06:25:17 PM
 #282

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.

Yes exactly price is rising and it has pumped up because last month bitcoin was in and around $350 but now it has crossed $400 and more to come its worth risk taking come on we can invest in bitcoin and wait till halving and if it gets doubled then you are lucky but if it does not then just wait till deember when the price will be at peak you can sell it.
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February 29, 2016, 09:03:46 PM
 #283

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.

I believe that before the halving we will see the highest price of this year. After the block halving people will start selling on a massive scale to secure profits. Those who bought below $300 and kept holding since then will be the real winners.
MaritiJames3
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March 01, 2016, 02:49:45 PM
 #284

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.
Its better to hold indeed. The value is not that high now to sell it so that will be quite bad to sell it now.
You must indeed wait and see for what is going to happen. I hope that more people will hold and that they can get some profit later.
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March 02, 2016, 03:27:03 PM
 #285

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?
if you buy bitcoin at low price and than holding that Bitcoin a long time,is good way to make money,everybody are agree with that,some people not agree with that,they want you to spent yur bitcoin,they think hold bitcoin is againts bitcions it self.

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HarryKPeters
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March 03, 2016, 10:12:29 AM
 #286

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.

Yes exactly price is rising and it has pumped up because last month bitcoin was in and around $350 but now it has crossed $400 and more to come its worth risk taking come on we can invest in bitcoin and wait till halving and if it gets doubled then you are lucky but if it does not then just wait till deember when the price will be at peak you can sell it.
Not everytime. You must sell it when you think that you will get a lot of profit with it. So that is good. ITs hard to predict for what is going to happen.
But that is the problem. I hope more people will get some more money later. That will be good and that Bitcoin will be more popular also.

Newcoins2020
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March 03, 2016, 10:50:12 AM
 #287

You never know when to sell it. The value is always changing and that is why it makes so hard to predict.
I hope that more people will have some profit later. And that the value will rise for a long time. That will be very good for us.
makingwin1
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March 25, 2016, 09:35:55 AM
 #288

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 think that it is probably less risky way to earn money with bitcoin because with gambling or investing, you can lose your money, while just buying and holding them won't hurt, and price will rise in next months for sure you you're safe to do that
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March 25, 2016, 10:02:58 AM
 #289

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?

it is not fastest way here, but it's not risky you,  i mean bitcoin is pretty popular now and halving comes so everyone buys bitcoin and price rises, so if you'll keep bitcoins for 1 year atleast you will get a lot of money for sure

 
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March 26, 2016, 03:29:46 AM
 #290

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?


it is not fastest way here, but it's not risky you,  i mean bitcoin is pretty popular now and halving comes so everyone buys bitcoin and price rises, so if you'll keep bitcoins for 1 year atleast you will get a lot of money for sure


Holding BTC a long time to make money is not good idea, better try to buy some altcoins at low price and then sale them at higher price, and change back to BTC...
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March 26, 2016, 03:51:30 AM
 #291

Holding BTC a long time to make money is not good idea, better try to buy some altcoins at low price and then sale them at higher price, and change back to BTC...

i agree, well not necessarily to invest in altcoins but depending on how much bitcoin someone owns it is always a better choice to invest at least a part of it in something that is both legit and gives some amount of profit over time. you can even start your own thing if you have enough bitcoin and earn even more.

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March 26, 2016, 06:27:25 AM
 #292

Holding BTC a long time to make money is not good idea, better try to buy some altcoins at low price and then sale them at higher price, and change back to BTC...

i agree, well not necessarily to invest in altcoins but depending on how much bitcoin someone owns it is always a better choice to invest at least a part of it in something that is both legit and gives some amount of profit over time. you can even start your own thing if you have enough bitcoin and earn even more.

in this month i made 1.5btc from capital 0.5. trade is good way if you know when the perfect time to buy or sell it. also some good news make altcoin rising.
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March 26, 2016, 07:35:53 AM
 #293

Holding BTC a long time to make money is not good idea, better try to buy some altcoins at low price and then sale them at higher price, and change back to BTC...

i agree, well not necessarily to invest in altcoins but depending on how much bitcoin someone owns it is always a better choice to invest at least a part of it in something that is both legit and gives some amount of profit over time. you can even start your own thing if you have enough bitcoin and earn even more.

in this month i made 1.5btc from capital 0.5. trade is good way if you know when the perfect time to buy or sell it. also some good news make altcoin rising.

Good job, but altcoin investing is basically the same as gambling. Some times you win, and some times you lose. People like altcoins because of the high potential resturns in a very short time. The higher the risk, the higher the profit you can make.
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March 26, 2016, 07:41:38 AM
 #294

holding bitcoin is good way to make money if you have 1000btc, but if you have only few bits, it's bad way to growing bitcoin, why not invest at bitcoin hardware mining..?
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March 26, 2016, 07:52:02 AM
 #295

I think holding bitcoins for a limited time can be profitable but it can be risky holding them for too long, because no one can really know if what will happen in coming time but as it is predicted for this year that bitcoin will go high after block halving so holding bitcoins until that can be good but after that i don't know it can be risky i guess.
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March 26, 2016, 08:12:59 AM
 #296

I think holding bitcoins for a limited time can be profitable but it can be risky holding them for too long, because no one can really know if what will happen in coming time but as it is predicted for this year that bitcoin will go high after block halving so holding bitcoins until that can be good but after that i don't know it can be risky i guess.
it's depend how much you invest your money, for long time bitcoin can be rising to the moon or fail and down. but we know the blockhain technology of bitcoin change the world, make new technology popular.
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March 26, 2016, 09:22:59 AM
 #297

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?

well it is not a best way because price can rise or fall any day and you can do nothing, but it is not horrible way to make money ether,

i think if you will buy them now, before halving, you should have more money if you'll sell them after halving
BruceLee007
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March 29, 2016, 05:25:20 PM
 #298

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?

well it is not a best way, because it is pretty slow, but i can't name it a bad way to earn money because it have almost no risk and it's very easy to do, all you have to do is buy bitcoins and sit back and relax, just don't forget to sell them when price is high
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March 29, 2016, 05:28:33 PM
 #299

Mostly people love to hold bitcoins besides its value. Some people try to use the market advantage to make more profits. What they do is, they buy bitcoins at low price, sell at high price. They repeat the same. After a certain time, they might be holding more bitcoins.

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Oriannaa
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March 29, 2016, 08:37:37 PM
 #300

Mostly people love to hold bitcoins besides its value. Some people try to use the market advantage to make more profits. What they do is, they buy bitcoins at low price, sell at high price. They repeat the same. After a certain time, they might be holding more bitcoins.

As long it has a price, it has value lol.

People are just greedy as hell thats all it is, to make up for not wanting to earn or obtain more coins.

Everyone wants that $1k value dream.. but that shit wont happen for a long time.
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