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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368848 times)
michietn94
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April 15, 2016, 03:48:18 PM
 #381

I still believe on bitcoin so I hold as long as possible. We can see that the world still adapting into bitcoin as payment transaction so need more time. If the time has come, bitcoin will got increased. For example : there are some hotel or restaurant use bitcoin as payment transaction. This will bitcoin growth !

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adomers
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April 16, 2016, 07:19:12 AM
 #382

I still believe on bitcoin so I hold as long as possible. We can see that the world still adapting into bitcoin as payment transaction so need more time. If the time has come, bitcoin will got increased. For example : there are some hotel or restaurant use bitcoin as payment transaction. This will bitcoin growth !

holding bitcoin a long time is a good way to make money if the bitcoin price rises in long term. So far it worked out if you hold bitcoin for more than any three year period.
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April 17, 2016, 05:08:10 AM
 #383

I still believe on bitcoin so I hold as long as possible. We can see that the world still adapting into bitcoin as payment transaction so need more time. If the time has come, bitcoin will got increased. For example : there are some hotel or restaurant use bitcoin as payment transaction. This will bitcoin growth !

holding bitcoin a long time is a good way to make money if the bitcoin price rises in long term. So far it worked out if you hold bitcoin for more than any three year period.
Nah... Holding for so long is honestly really stupid, you should sell if the price drops more than  20% because otherwise you expose yourself to really big losses and as we can see bitcoin price doesnt look like it will jump to 1k any time soon
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April 17, 2016, 05:05:00 PM
 #384

I still believe on bitcoin so I hold as long as possible. We can see that the world still adapting into bitcoin as payment transaction so need more time. If the time has come, bitcoin will got increased. For example : there are some hotel or restaurant use bitcoin as payment transaction. This will bitcoin growth !

Even I believe that holding bitcoins for the long term will give you a great reward eventually. you only need to make sure you have the patience for it. and also, don't panic if the price is going down hard. use that situation in your advantage to buy even more coins if you can.
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April 17, 2016, 05:45:11 PM
 #385

If the bitcoin price rises in long term, then it is good to hold some coins. The price rises in any 4 year period.

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malzahar
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April 17, 2016, 09:24:25 PM
 #386

I would hold it and keep it invested. You can grow your btc while linking it to a real-world index e.g. the S&P 500.

Invest globally with bitcoin. Wealthfront for bitcoin.
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Some are doing both while selling at the same time.

While its wise to hold for the longer term, you gotta factor its going still take time to get to the real world index..
techgeek
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April 17, 2016, 10:17:11 PM
 #387

I still believe on bitcoin so I hold as long as possible. We can see that the world still adapting into bitcoin as payment transaction so need more time. If the time has come, bitcoin will got increased. For example : there are some hotel or restaurant use bitcoin as payment transaction. This will bitcoin growth !

holding bitcoin a long time is a good way to make money if the bitcoin price rises in long term. So far it worked out if you hold bitcoin for more than any three year period.
Nah... Holding for so long is honestly really stupid, you should sell if the price drops more than  20% because otherwise you expose yourself to really big losses and as we can see bitcoin price doesnt look like it will jump to 1k any time soon

Its more of a balancing act, which most people overlook.

Esp when those margins fall below what they expect, and should protect in some other ways to sell immediately.

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April 18, 2016, 09:07:31 AM
 #388

its good for now,bitcoin price keep raise up,and you can buy bitcoins and then hold it,sell that bitcoin when the price better than now,its safe way t get profit from holding bitcoin.
adomers
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April 18, 2016, 01:01:05 PM
 #389

its good for now,bitcoin price keep raise up,and you can buy bitcoins and then hold it,sell that bitcoin when the price better than now,its safe way t get profit from holding bitcoin.

Hard to answer,and depending bitcoin price for now and next year.lets think if we hold bitcoin 4 year ago,and check bitcoin price for now,we are not get money because bitcoin price going down almost a half.
sured44
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April 18, 2016, 01:10:09 PM
 #390

its good for now,bitcoin price keep raise up,and you can buy bitcoins and then hold it,sell that bitcoin when the price better than now,its safe way t get profit from holding bitcoin.

Hard to answer,and depending bitcoin price for now and next year.lets think if we hold bitcoin 4 year ago,and check bitcoin price for now,we are not get money because bitcoin price going down almost a half.

holding bitcoins will be a good way to make money. will be a good way to make money with your bitcoins,,
Herbert2020
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April 18, 2016, 01:15:09 PM
 #391

its good for now,bitcoin price keep raise up,and you can buy bitcoins and then hold it,sell that bitcoin when the price better than now,its safe way t get profit from holding bitcoin.

Hard to answer,and depending bitcoin price for now and next year.lets think if we hold bitcoin 4 year ago,and check bitcoin price for now,we are not get money because bitcoin price going down almost a half.

well, you have two choices, you either buy bitcoin for example to use it as a currency or gamble with it; or you are investing in bitcoin.
the second choice requires you to sell at least a portion of your coins when the price went up so if you missed it then it is your own fault.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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April 18, 2016, 01:44:14 PM
 #392

I bought and I am holding. There is much speculation which way it will go. And make profit than waiting long time to boost its price.
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April 18, 2016, 02:18:28 PM
 #393


Hard to answer,and depending bitcoin price for now and next year.lets think if we hold bitcoin 4 year ago,and check bitcoin price for now,we are not get money because bitcoin price going down almost a half.

You will never know the answer if you don't have guts to find it out for yourselves.

There's no way someone or something can tell us what will be the output for the upcoming years so better to play with that kind of doing.

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April 18, 2016, 02:38:06 PM
 #394

It is only good to save some money but with holding you cant earn money because you are doing nothing you have to do something to earn some money it will be not that easy.
So you have also to take some risks with Bitcoin otherwise it will be also not possible.
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April 18, 2016, 03:27:10 PM
 #395

It is only good to save some money but with holding you cant earn money because you are doing nothing you have to do something to earn some money it will be not that easy.
So you have also to take some risks with Bitcoin otherwise it will be also not possible.

Everything needs to be done in accordance to time. So investing needs to be done at the right time to get good profit. So now its the time to hold as the price of bitcoin is expected on halving. If we risk ourselves every time we might lose everything but if you risk at the right time the effort you put will turn as profit.

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April 18, 2016, 03:32:00 PM
 #396

It is only good to save some money but with holding you cant earn money because you are doing nothing you have to do something to earn some money it will be not that easy.
So you have also to take some risks with Bitcoin otherwise it will be also not possible.

Playing with the risk is the effective way. But of course just don't take a risk improperly. Learn to communicate to all factors if needed if you will do holding. Holding coins has two outputs, to gain it's value or to gain your loss.

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April 18, 2016, 04:42:00 PM
 #397

It is only good to save some money but with holding you cant earn money because you are doing nothing you have to do something to earn some money it will be not that easy.
So you have also to take some risks with Bitcoin otherwise it will be also not possible.

Everything needs to be done in accordance to time. So investing needs to be done at the right time to get good profit. So now its the time to hold as the price of bitcoin is expected on halving. If we risk ourselves every time we might lose everything but if you risk at the right time the effort you put will turn as profit.

Normally there is no risk in holding the bitcoins bro! because in that you are not investing in anything You just holding the bitcoins nothing will happen. In halving time bitcoin price will be there for sure bro. So don't feel about that too...
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April 18, 2016, 09:07:04 PM
 #398

Yes its a very good method and a lot of people are also using this method because its very profitable.
I think it could be good but I do not love the fact that the bitcoin is unpredictable so you will never know what will happen if you long term invest it, I think it can be good but I do not do this because if the risks.
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April 19, 2016, 02:22:55 AM
 #399

To make money - yes .
To make good money - no it's terrible. Better to start mining or just working on daily job i think but not holding coins and beliving that price will jump so high that you can live on this money whole life. No it's not.

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April 19, 2016, 06:43:05 AM
 #400

I think it's better for a full-time trader to buy and sell on a weekly basis. Holding bitcoins for a month is just going to tie down your capital.

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