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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368848 times)
randy8777
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June 14, 2016, 08:14:55 PM
 #581

Holding is just saving money but to earn some money you have to sell it and that is also the most risky thing but you dont even know what will happen later in the future.
But you can already see now that the halving is becoming more worth and the price of Bitcoin started already to rise so that is perfect.

certain prices are simply too cheap as for example when the price was sitting below the $300 price level. that was the perfect time to buy yourself as many coins as possible. and people have had enough time to buy below $300 prices, so there are no excuses. i invested at that time and secured profits at todays prices. that's the perfect example of successful holding. no risk involved. if you buy at the price today, then it's completely different. we don't know whether or not todays price is the peak.
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Altynbekova
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June 14, 2016, 09:42:16 PM
 #582

Holding always a better option with bitcoin if you consider bitcoin equal to an investment. On the other side you could go with short term earnings for increasing your economy.

Holding is not always better but right now it is because of the halving that is coming.
Another nice thing is that its also rising right now and it has a nice price now also.
BombayChicken
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June 14, 2016, 09:43:39 PM
 #583

Holding always a better option with bitcoin if you consider bitcoin equal to an investment. On the other side you could go with short term earnings for increasing your economy.

Holding is not always better but right now it is because of the halving that is coming.
Another nice thing is that its also rising right now and it has a nice price now also.

You are for sure right about this holding is now pretty good with the nice bitcoin price that is increasing this days plus we also will get the halving very soon!
NewInCryptoCurrency
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June 15, 2016, 07:33:33 AM
 #584

Ï can tel you what it does to the price of the bitcoin if we all holding the price wont increase but if you want the most profit you need to hold them but dont hold them all keep spending.
DashCoinDark
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June 15, 2016, 08:08:47 AM
 #585

i dont think this is the best strategy for everyone because if everyone is just holding coins we cant get a price increase and that is not what we want dont you.
avw1982
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June 15, 2016, 12:39:47 PM
 #586

Ï can tel you what it does to the price of the bitcoin if we all holding the price wont increase but if you want the most profit you need to hold them but dont hold them all keep spending.


Holding bitcoin is best and good way to make money but its much better to hold it occasionally. What I mean is make profit than waiting long time to boost its price. In this way, you can acquired more coins while at the same time gaining profit without waiting too much in time.
Legasean
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June 16, 2016, 02:59:20 AM
 #587

It can be profitable but it depends on the future of the bitcoin so its not really predictable, most likely it will be good and profitable for the long term users but no one can guarantee this now.
bestluck
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June 16, 2016, 12:11:45 PM
 #588

Holding always a better option with bitcoin if you consider bitcoin equal to an investment. On the other side you could go with short term earnings for increasing your economy.

Holding is not always better but right now it is because of the halving that is coming.
Another nice thing is that its also rising right now and it has a nice price now also.

But I think holding is always better for the better price of bitcoin, as now the halving is still a month away from us but the price in increasing much faster because everyone is holding.
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June 16, 2016, 02:12:19 PM
 #589

Holding it is not good, as I think there are many ways to grow your coins when you sell your coins at peak and buy them back at the lowest points.
There are opportunities that markets will give you, you need to get into the same with complete risk, and you will get out with great profits.
Red-Apple
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June 16, 2016, 02:34:09 PM
 #590

Holding it is not good, as I think there are many ways to grow your coins when you sell your coins at peak and buy them back at the lowest points.
There are opportunities that markets will give you, you need to get into the same with complete risk, and you will get out with great profits.

i totally agree but this is not suitable for everyone.
trading is hard and risky and not everyone can handle it and be successful, many people will fall for the hype and worse than that they fall for the FUD and will make stupid decisions that lead to big losses.

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June 16, 2016, 03:24:08 PM
 #591

it can not be said to be the best, but I guess if you're looking for security, I think it is the most secure way without risk, but if you only have a little bitcoin, I recommend to collect them be more, because if you only have a few bitcoin, it is not will affect


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BombayChicken
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June 16, 2016, 04:55:42 PM
 #592

I've been researching it and I do think it's a good long-term investment strategy, especially at the current levels.  I bought my first Bitcoins today.  I've been trading stocks/options for awhile but I'm starting to invest in Bitcoins.  Now that Wall Street has validated the existence of Bitcoins with the launch of a Bitcoin ETF, I think more people/companies will validate and use it.

The volume of buying/selling is continuing to increase every month.  Yes, there will be price fluctuations with the prices (but so does stocks), I think Bitcoins is a great long-term investment.  Grin

I agree about the fact that the bitcoin is a good long term investment although I must say that short term investments with the bitcoin are also pretty nice if you are asking me.
Its both profitable in my eyes.
harizen
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June 16, 2016, 05:04:29 PM
 #593

Holding it is not good, as I think there are many ways to grow your coins when you sell your coins at peak and buy them back at the lowest points.
There are opportunities that markets will give you, you need to get into the same with complete risk, and you will get out with great profits.

i totally agree but this is not suitable for everyone.
trading is hard and risky and not everyone can handle it and be successful, many people will fall for the hype and worse than that they fall for the FUD and will make stupid decisions that lead to big losses.

That's common and really part of trading experience of others.

In my case, I preferred not to hold too much and I always stated that in my previous post here. All my trading moves were executed depend on the current hype and trend of bitcoin price. I see it's more profitable if you take advantage of every price trend whether a bullish or bearish one rather than to hold too much.

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Erzatium
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June 16, 2016, 05:49:09 PM
 #594

Holding for a long term is very profitable right now because the bitcoin has a great future a head and because of that its nice to invest in it and put it on a long term.
nizamcc
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June 16, 2016, 06:03:48 PM
 #595

Holding it is not good, as I think there are many ways to grow your coins when you sell your coins at peak and buy them back at the lowest points.
There are opportunities that markets will give you, you need to get into the same with complete risk, and you will get out with great profits.

i totally agree but this is not suitable for everyone.
trading is hard and risky and not everyone can handle it and be successful, many people will fall for the hype and worse than that they fall for the FUD and will make stupid decisions that lead to big losses.

I believe in 'Buy the FUD (when talks of selling are going on), Sell the facts (when everyone asks you to buy)'.
That way, no one would get into trouble by entering the markets during wrong times.
martinacar
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June 16, 2016, 06:32:53 PM
 #596

Holding for a long term is very profitable right now because the bitcoin has a great future a head and because of that its nice to invest in it and put it on a long term.

You can indeed long term hold the bitcoin because its very profitable on a long run another thing is also that its nice, you have to do nothing and are making profit so easy.
DoublerHunter
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June 17, 2016, 01:00:46 AM
 #597

Yes holding it like for another 4 years is a great idea because when the next halving happen on 2020 i think that the price of bitcoin will x3 the price as of now.
NordicRanger
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June 17, 2016, 02:33:57 AM
 #598

With holding bitcoins you cans create good profits but keep in mind to not hold them too long because otherwise you will be too late at a moment and you will lose profit.
Always keep your eyes on the bitcoin market price!
Supercrypt
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June 17, 2016, 05:35:10 AM
 #599

Holding is just saving money but to earn some money you have to sell it and that is also the most risky thing but you dont even know what will happen later in the future.
But you can already see now that the halving is becoming more worth and the price of Bitcoin started already to rise so that is perfect.
Holding is not just the saving of our money in our wallet but it is also a very good way to earn a good amount of profit without doing any hard struggle or efforts, the only work we will need to do is to go to exchange and buy bitcoins as much as possible. It is just the reward for the faith we are having into bitcoin ecosystem.
elDano
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June 17, 2016, 07:17:13 AM
 #600

Holding for a long term is very profitable right now because the bitcoin has a great future a head and because of that its nice to invest in it and put it on a long term.

You can indeed long term hold the bitcoin because its very profitable on a long run another thing is also that its nice, you have to do nothing and are making profit so easy.
Holding is just a save way to earn money and that is because you are waiting for the right moment to sell it and that is really nice and so also safe because you dont lose anything.
But not everyone can wait such a long time because there are also people that is greedy and that is bad because they are making some mistakes.
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