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

[MWesterweele]

Yes indeed,holding bitcoin for long time can make your money grow and can make you money and profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up t your deserve price.You must be positive on holding bitcoins and just put the amount you can afford you lost.Just be positive bitcoin is still developing from time to time.

[StoreBit]

no I don't think so. if we hold the bitcoin blindly for a long time it will carry no meaning. we must to look to the position and the experts openions. only then we have to decide either we should hold bitcoin or need to sell them.

[HarryKPeters]

Yes holding your bitcoins for a long term can be really profitable if you do it on the right way and you are having the money for it.
I think if you do you can better do it now with the future that it has.

[Bitcoinbee]

Holding it could make good money when selling it later for a higher value.  It would only be good for that.  But if you want to have more than the goodness of the profit of keeping it and selling it later.  Just see what are the things or ways that are keeping people here almost awake all the time within the 24 hour time period.  It is trading.  It gives more than you can get from hoarding that is why they had always been awake monitoring the movement of their trades. 

[RhodaGila]

Yes sure, but not like that too, you can sell bitcoin anytime, just make sure you do not feel loss when it sold at such prices. See the price movement, bitcoin rise steadily and did not rule out the future will be even brighter.

[newcoins1978]

It can be profitable but honestly no one can guarantee this because the fact is that the bitcoin future is unpredictable these days.
Due to this fact I honestly do not know if it will be profitable.

[socks435]

It can be profitable but honestly no one can guarantee this because the fact is that the bitcoin future is unpredictable these days.
Due to this fact I honestly do not know if it will be profitable.

Its profitable if you the price today is increased again and i think we will see the price of 600 value these coming days.. so its always better to hold bitcoin in long time because after block halving we will see more great value for bitcoin..

[fravia]

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 very good way to earn money as you have no risk of losing your bitcoins as price usually rises so i am sure that it will rise in near future too so you will get lots of profit

though this is not fastest way to earn more bitcoins as this way is slow, if you want fast way you should try bitcoins and altcoins trading, you need more knowledge but it also gives fast profit

[martinacar]

It can be profitable but honestly no one can guarantee this because the fact is that the bitcoin future is unpredictable these days.
Due to this fact I honestly do not know if it will be profitable.

You are exactly right about this, no one can predict the future so its always a gamble if it will be profitable on a long term.
Most likely it indeed will be profitable but we have to see this in the future.

[sishendaoye]

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

[Superbitzz]

i think yes.in present time the rate of bitcoin is increasing so highly. so we can say that holding bitcoin for a long time will be too good. because it is expected that the rate of bitcoin will icrease from 2000 USD

[harizen]

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

[Herbert2020]

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

it is an ok thing to do if you have some money to spare. for example if you have $1000 laying around in your bank account it is so much better to buy bitcoin with it instead and just hold it. bank gives you a very small amount in profit while you can double your money in a long term.

[bit1]

Which would be long term?  If someone sold when it was $1000 and purchase even nowadays He earned more profit, Rather you must pay attention to how the market behaves.

[harizen]

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

it is an ok thing to do if you have some money to spare. for example if you have $1000 laying around in your bank account it is so much better to buy bitcoin with it instead and just hold it. bank gives you a very small amount in profit while you can double your money in a long term.

Im pointing for the "too much holding". With just a small quantity of coins to be use for holding purposes you can't feel much the profit and the time and patience you applied is not worth it, at least in my view.

If I have a spare money of $1000, I will use it for an active circulation rather to hold it for really a long term.

Holding can't increase the quantity of people coins but rather just it's value.

If will be used actively by taking advantage of every price rally, you can increase the quantity of it together with it's value.

I already made decent earnings in my more than 1 year of btc exchange trading journey.

Bottom line : All my moves depends on the price movement and price rally that will happen while on my journey of taking profits.

[erikalui]

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

it is an ok thing to do if you have some money to spare. for example if you have $1000 laying around in your bank account it is so much better to buy bitcoin with it instead and just hold it. bank gives you a very small amount in profit while you can double your money in a long term.

Im pointing for the "too much holding". With just a small quantity of coins to be use for holding purposes you can't feel much the profit and the time and patience you applied is not worth it, at least in my view.

If I have a spare money of $1000, I will use it for an active circulation rather to hold it for really a long term.

Holding can't increase the quantity of people coins but rather just it's value.

If will be used actively by taking advantage of every price rally, you can increase the quantity of it together with it's value.

I already made decent earnings in my more than 1 year of btc exchange trading journey.

Bottom line : All my moves depends on the price movement and price rally that will happen while on my journey of taking profits.

People here try to lend their coins and earn interest rates. There is no way to earn an interest by holding your coins unlike shares which pay you dividends per year and hence I prefer exchanging/trading them instead of just holding. If in future we do have a legit way of earning interest (not any ponzi/hyip website), it will be useful for us.

[Newcoins2020]

Which would be long term?  If someone sold when it was $1000 and purchase even nowadays He earned more profit, Rather you must pay attention to how the market behaves.

Anything over 1 year is very long when it comes to crypto. Even if the people start dumping after the halving,  I still believe the price would recope within 1 year.
So if you have 1 year, then hold.

[Bitcoinbee]

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

it is an ok thing to do if you have some money to spare. for example if you have $1000 laying around in your bank account it is so much better to buy bitcoin with it instead and just hold it. bank gives you a very small amount in profit while you can double your money in a long term.

Im pointing for the "too much holding". With just a small quantity of coins to be use for holding purposes you can't feel much the profit and the time and patience you applied is not worth it, at least in my view.

If I have a spare money of $1000, I will use it for an active circulation rather to hold it for really a long term.

Holding can't increase the quantity of people coins but rather just it's value.

If will be used actively by taking advantage of every price rally, you can increase the quantity of it together with it's value.

I already made decent earnings in my more than 1 year of btc exchange trading journey.

Bottom line : All my moves depends on the price movement and price rally that will happen while on my journey of taking profits.

People here try to lend their coins and earn interest rates. There is no way to earn an interest by holding your coins unlike shares which pay you dividends per year and hence I prefer exchanging/trading them instead of just holding. If in future we do have a legit way of earning interest (not any ponzi/hyip website), it will be useful for us.

I can toast for that.  If you want to make money utilize it now so it can start its way to earn.  Investing is making what you have for a start to gain more along the way.  And holding it for a long period of time is not along the way but a long long way to make money.

[HilbillyFred]

Holding your Bitcoin is just a nice way to save your money if you want to make money you have to sell it on the right moment and it is hard to make the right choice.
And patience is also important because it will be bad if you are selling it too early when you cant get profit of it.

[sempak]

I think that it is yes. bitcoin storing large quantities mean buying bitcoin at current prices. many predict that the price will be very high bitcoin next few years. by looking at it then I predict that store bitcoin is a profitable thing for a trader.