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LarryHocks
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June 29, 2016, 02:07:08 PM |
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Holding bitcoins for a long time is not really good for the economy of the bitcoin because if we all just hold our coins we cant hope
that the price is rising you know there will come a price increasse off course but he wont be so high if we all hold.
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BTCLovingDude
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Activity: 1134
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BTC to the moon is inevitable...
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June 29, 2016, 02:16:03 PM |
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holding bitcoin is always a good idea especially if you do it as a long term investment because bitcoin is still young and it has been growing and this growth will only continue in the future. so buying now means a big profit in the future.
but also buying bitcoin on top for example the $1200 of the last rise is a mistake and you should make sure to sell if you have bought on top, but buying low for example the $200-$400 is a good idea to hold it for a very long time.
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Piltover
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June 29, 2016, 02:44:12 PM |
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Holding bitcoins for that long time is not what we want becasue there will not come a price rise if we just all hold our coins you know. There are allot
of peopel who think yes holding coisn wait till the price goes up no you need to spent some of them idiots.
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romero121
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Merit: 1213
Enterapp Pre-Sale Live
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June 29, 2016, 04:04:27 PM |
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Some people thinks it is good to hold your money for allong time or bitcoins am i talking about off course. But it is not good when everybody does it.
And that is the problem because if someone says its good others will also hold and that will decrease the price of the bitcoin allot.
That's not the true reason. When everyone starts holding the regular circulation of bitcoin gets affected. This gets impacted on the bitcoin price. |
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DomesticTrader
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June 29, 2016, 06:52:00 PM |
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Yes in the overall experience it is profitable but its really depending on the future of the bitcoin itself of course.
I think we have a good future and that it will be profitable.
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Altynbekova
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June 29, 2016, 07:30:25 PM |
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Holding up some bitcoin for a long term is very good, I honestly cannot do this because I simply do not have the patient for it.
I heard that its profitable but its also the question what you consider a long term.
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HarryKPeters
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June 29, 2016, 08:11:39 PM |
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If you can hold for a couple of years then I do believe it's a good idea, but remember it's important to know when you step in. The lower (500ish) will give you a good time to step out if you can't wait that long.
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Bitcoinbro
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June 29, 2016, 08:45:41 PM |
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I think you can hold up some bitcoin but you always have to keep an eye on the market self because it can change every minute and hour so always keep an eye on it.
Long terms are mostly good but no one can predict the future so nothing is sure.
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xIIImaL
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Activity: 1372
Merit: 1005
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June 30, 2016, 06:34:46 AM |
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I think you can hold up some bitcoin but you always have to keep an eye on the market self because it can change every minute and hour so always keep an eye on it.
Long terms are mostly good but no one can predict the future so nothing is sure.
I know most of the 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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Vhern
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June 30, 2016, 07:08:57 AM |
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Holding BTC for a long term investment could be profitable in some sense because Bitcoin is always increasing price overtime and I think I might as well hold a 10BTC in the next 10 years I could be a millionaire.
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bitcoinisfurture
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July 01, 2016, 05:23:09 AM |
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Currently it is volatile right now, but there seems to be a movement in support for it right now. It could go either ways and can make or loose money.
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elobizph
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July 01, 2016, 06:28:56 AM |
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for me it is not the best way. You can get more profit when it can trade as often as possible. too long to save bitcoin will not be profitable. fortunately only slightly. while when you do trading transactions with amounts more often then the advantage that you can be guaranteed more.
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rhed718
Member
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Merit: 10
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July 01, 2016, 01:58:52 PM |
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for me it is not the best way. You can get more profit when it can trade as often as possible. too long to save bitcoin will not be profitable. fortunately only slightly. while when you do trading transactions with amounts more often then the advantage that you can be guaranteed more.
Im agree with you mate we need to sell our bitcoin to have profit because if we do not sell we can not gain profit thats why i invest some of my bitcoin in trading while waiting the halving i also do something to increase or to grow my bitcoin |
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gilangIDR
Legendary
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Activity: 1526
Merit: 1001
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July 01, 2016, 02:19:21 PM |
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Holding bitcoins for that long time is not what we want becasue there will not come a price rise if we just all hold our coins you know. There are allot
of peopel who think yes holding coisn wait till the price goes up no you need to spent some of them idiots.
I save bitcoin with the aim of getting a considerable profit. bitcoin save in the long term is good for those who have large capital. but if they are that have little capital then it was a nightmare. |
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fravia
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July 01, 2016, 06:40:25 PM |
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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 i don't think that it is best way, because it is actually very slow,but good thing of this way to earn is that you won't lose bitcoins that you already have, their price will rise only though so you will get more value from them, other good way is trading, but you have to know that it requires lots of time and knowledge, and then you will make loads of profit |
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martinacar
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July 01, 2016, 08:37:22 PM |
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Yes I think its good invest for a long time but that it also can have a lot of risks because of the fact.
I think with the bitcoin itself you can make a lot of money due to the fact that it has a great future.
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Mvaporis1961
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July 03, 2016, 04:55:32 AM |
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Yes I think its good invest for a long time but that it also can have a lot of risks because of the fact.
I think with the bitcoin itself you can make a lot of money due to the fact that it has a great future.
Yes there is a risk but not too much because you are just holding your coins for long term which is one of the safest method to still make money because we can see that every year the price of bitcoin is going up. |
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nizamcc
Legendary
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Activity: 1218
Merit: 1007
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July 03, 2016, 06:30:45 AM |
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Holding them is actually a better way, because the price is nothing as we don't have too many people involved still.
Just let this go mainstream and see how the price explodes.
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Maesters1-
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July 03, 2016, 07:50:04 AM |
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Holding them is actually a better way, because the price is nothing as we don't have too many people involved still.
Just let this go mainstream and see how the price explodes.
yes and i will llikely say that now there is lefing a very little time. the waiting time is now finish. but the only thing is to pray for the price to go upward and not to fell down over night. i am hopeful that the price will not fell down and will stay balanced. |
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Aamir1
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July 04, 2016, 02:38:27 AM |
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Holding them is actually a better way, because the price is nothing as we don't have too many people involved still.
Just let this go mainstream and see how the price explodes.
yes and i will llikely say that now there is lefing a very little time. the waiting time is now finish. but the only thing is to pray for the price to go upward and not to fell down over night. i am hopeful that the price will not fell down and will stay balanced. Ofcourse it will not fell down overnight like ETH, the users of bitcoin has great trust on it to grow in future and i think the trust won't be broken because as the time goes it gets more popular among people and more and more people start using it, so the more users and investors it get the more its value will rise. |
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