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AsaroUk
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April 19, 2016, 09:39:35 AM |
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No that is only good to save some money, if you want to make money and you are holding for a price increase than you can do many things instead of waiting.
You can gamble or the best thing that you can do is trading so you can earn some a little bit money with it and that is good enough.
Bitcoin is very volatile right now, but there seems to be a huge movement in support for it right now. I do not recommend selling it right now, nor buying. Holding is only good for save some money because with holding you cant earn money with it and that is bad so you have also to take some risks if you want to make profit. It is now nice to hold it around this time because the value is not high enough to sell it and that would be bad now if you are selling it now on this moment. |
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KennyR
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April 19, 2016, 11:40:19 AM |
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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.
Yeah all the time expecting to get good profit just because of halving is not the right decision. In bitcoin the more risk you take will certainly give you high profit. Only at certain time you can hold and earn some profit. One such time is the present days or months till halving. |
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mrhelpful
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April 19, 2016, 03:24:40 PM |
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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.
This should be avoided. There should be a huge big disclaimer on what you mention - is based a 50/50 gamble if your trade is successful. Similar to day trading traditionally is the same odds as bitcoin. |
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Oscoda
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April 19, 2016, 03:45:23 PM |
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Yes holding your bitcoins for a long term can be good but I do not think its also predictable what is gonna happen if you do.
So on the other side its pretty risky because you do not know what the bitcoin is gonna do in the future.
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MaritiJames3
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April 19, 2016, 06:34:26 PM |
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It can be a good way to earn money, the future is good of the bitcoin plus the halving will also come so that is also a good sign.
I think in about 4 years there will come another halving so a long term investment would be good in my opinion.
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sidrab14
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April 19, 2016, 09:31:17 PM |
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It can be a good way to earn money, the future is good of the bitcoin plus the halving will also come so that is also a good sign.
I think in about 4 years there will come another halving so a long term investment would be good in my opinion.
Hodling bitcoin is way safer than trading with it.At least in the long run an increase of Bitcoin's value is very likely although not guaranteed.And of course it's still very risky to invest in Bitcoin. |
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piranha
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April 19, 2016, 09:52:58 PM |
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Speculation .. I would call it.. A gamble perhaps, but on could make a pretty good argument of buying at least one bitcoin, and forgetting about it for 20 years. That one Btc could be worth hundreds of thousands if not millions ?? Is it more than a expensive lottery ticket? I say yes! Because based on results so far, it will have some value unlike a lottery ticket.
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Schuyler
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April 20, 2016, 03:50:31 AM |
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It's quite unpredictable so it's gonna be hard to tell whether you'll be making much in the long term. There are no guarantees or assurances that the value will go up or otherwise. Some people say it's about timing, proper timing when to get in and get out.
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znickelbackz
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April 20, 2016, 07:40:40 AM |
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It's quite unpredictable so it's gonna be hard to tell whether you'll be making much in the long term. There are no guarantees or assurances that the value will go up or otherwise. Some people say it's about timing, proper timing when to get in and get out.
to get along well with timing i think you should make the unpredictable things become predictable, make hard things become easy. just wait for the right time to get in and get out happen to make your move, deny to predict it first can result in losing your chance and fail. |
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adomers
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April 20, 2016, 12:01:01 PM |
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It's quite unpredictable so it's gonna be hard to tell whether you'll be making much in the long term. There are no guarantees or assurances that the value will go up or otherwise. Some people say it's about timing, proper timing when to get in and get out.
to get along well with timing i think you should make the unpredictable things become predictable, make hard things become easy. just wait for the right time to get in and get out happen to make your move, deny to predict it first can result in losing your chance and fail. 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.. |
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CryptoBjorn
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April 20, 2016, 02:20:17 PM |
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You can make big numbers if you hold your bitcoin for a long term but I think you also would need some luck of course because the bitcoin is still not stable and also unpredictable.
Its just a matter of time mostly for the bitcoin till you can make some profit with it on a long term you also should need patience.
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n0ne
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April 20, 2016, 06:16:09 PM |
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It can be a good way to earn money, the future is good of the bitcoin plus the halving will also come so that is also a good sign.
I think in about 4 years there will come another halving so a long term investment would be good in my opinion.
Hodling bitcoin is way safer than trading with it.At least in the long run an increase of Bitcoin's value is very likely although not guaranteed.And of course it's still very risky to invest in Bitcoin. Now holding is highly profitable. But as suggested every investment site were not scammers few trusted sites are their which provide low interest. People gets mesmerized on seeing big interest on fraudulent sites. On joining gets cheated and ends up with the loss. |
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avw1982
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April 21, 2016, 06:31:11 PM |
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You can make big numbers if you hold your bitcoin for a long term but I think you also would need some luck of course because the bitcoin is still not stable and also unpredictable.
Its just a matter of time mostly for the bitcoin till you can make some profit with it on a long term you also should need patience.
Better off buying gold or investing in stocks. If you have like $500-$1000 to just throw away, why not just throw Bitcoin in some cold wallet storage and hope for the best. I truthfully think you will be very disappointed though. More regulations, startup businesses, and worldwide knowledge about bitcoin has grown significantly. Its great to witness, but in part I believe this has caused the price to become more stable. |
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martinacar
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April 21, 2016, 09:22:23 PM |
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It really can be a good investment for a long term, of course its difficult to say but most likely it is to be honest.
I think the bitcoin has a very good future and because of that its also that it could be very good for a long term.
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Newcoins2020
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April 21, 2016, 09:59:19 PM |
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It really can be a good investment for a long term, of course its difficult to say but most likely it is to be honest.
I think the bitcoin has a very good future and because of that its also that it could be very good for a long term.
It can be a good investment but I think you cannot say that it has a good future on a long term because no one knows what is gonna happen with the bitcoin honestly. Its just that the bitcoin is so unpredictable and nothing is sure that it will happen these days. |
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JeanMcCoy
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April 22, 2016, 08:52:12 AM |
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Holding Bitcoin is not the best way to earn money but it is only the best way to save your money and it is nice to hold it around this time because the value isnt high.
There are not that many people that can hold it for a long time because they dont have patience for it and than they are selling it too early so they lose also money and that is bad.
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hasiramasenju
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April 22, 2016, 09:26:33 AM |
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OP tell to us that he have bitcoin during the prices $220-$300 and if he really still have it and still hold the bitcoins till now i think he already got very much profit from that and i hope he really did it because since several days ago bitcoin prices has rise up and now pretty close to $450
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romero121
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Enterapp Pre-Sale Live
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April 22, 2016, 11:24:37 AM |
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It can be a good way to earn money, the future is good of the bitcoin plus the halving will also come so that is also a good sign.
I think in about 4 years there will come another halving so a long term investment would be good in my opinion.
Hodling bitcoin is way safer than trading with it.At least in the long run an increase of Bitcoin's value is very likely although not guaranteed.And of course it's still very risky to invest in Bitcoin. In the long run sure bitcoin price would rise. So without doubt bitcoin helps in earning a good profit if hold for a long time. At the same as there is no assurance periodic cash out or spending also must. |
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harizen
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April 22, 2016, 12:14:13 PM |
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OP tell to us that he have bitcoin during the prices $220-$300 and if he really still have it and still hold the bitcoins till now i think he already got very much profit from that and i hope he really did it because since several days ago bitcoin prices has rise up and now pretty close to $450
If he stills holds it until now Im pretty sad for him. There are large fluctuations happens by the time he purchase the coins so he really missed lots of supposed profits when the price increase and dipped. |
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avw1982
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April 22, 2016, 04:33:34 PM |
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It really can be a good investment for a long term, of course its difficult to say but most likely it is to be honest.
I think the bitcoin has a very good future and because of that its also that it could be very good for a long term.
Holding bitcoins long term will bring you very nice gains. I believe so to, that's why I have a percentage of my bitcoins in the cold storage and I will not touch those for a while. |
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