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

[DoublerHunter]

Holding bitcoin a long time could be a good way to make money if you know where the market's going. But unfortunately, no one knows where the market is going.

Yeah we can't be sure on where the market is going but there still a high possibility that it will go up because you can see from the history of the price of bitcoin that it's going up every year and its only experience price drop in months. So if you ask me i would still go for bitcoin holding at least for 4 years because after that year the next halving will happen (2020) and i'm sure that the price of bitcoin will skyrocket again .

[DavidoAlto]

Yes I think holding up the bitcoin for a while is good, holding too long is not good in my eyes but you can choose for a long term.
I honestly think that a long term can be very profitable if you are doing this on the right time and sell on a right time.

It is good but I also think that selling on the right time is difficult because the price is always staggering.
I hope the bitcoin will grow a lot by holding long so it will be very profitable.

[Kolamider]

If you hold bitcoin only, there is no possibility that you will lose the 1 bitcoin, if you trade, you might lose it.

[mishra1994]

Yes its a nice idea but you must have a really good amount of bitcoins so that you can make good btc.I am not so lucky because i dont have so much so i just gamble with them or sell them to fiat

[avw1982]

If you hold bitcoin only, there is no possibility that you will lose the 1 bitcoin, if you trade, you might lose it.

I also 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. As you trade need investment and complete idea about that strategy.

[sishendaoye]

Yes I think that holding the bitcoin for a long time is very nice and also very good because it can let you make a lot of money.
The only downside is that you are really depending on the future of the bitcoin itself.

[hermanhs09]

Yes its a nice idea but you must have a really good amount of bitcoins so that you can make good btc.I am not so lucky because i dont have so much so i just gamble with them or sell them to fiat

yeah,i think that with some luck and a really big bankroll,you
could even book some of the profits every month,to live only out of this profit.
but you would need enourmous deposit actually.

[kellah]

I bought my first Bitcoins today. I've been trading for awhile but I'm starting to invest in Bitcoins. It's a good past time. It depends, for timing is everything.

[FLoving]

Yes, if we hold bitcoins for longer time then the supply will be limited and the demand will increase and with that we can expect a good rise of the price of bitcoin for long run.

[vurasasog]

Yes, if we hold bitcoins for longer time then the supply will be limited and the demand will increase and with that we can expect a good rise of the price of bitcoin for long run.

I hold the bitcoin for the long term. So it does not matter the price rise or drop in short term. I think the price will rise in long term.

[shinratensei_]

Yes, if we hold bitcoins for longer time then the supply will be limited and the demand will increase and with that we can expect a good rise of the price of bitcoin for long run.

I hold the bitcoin for the long term. So it does not matter the price rise or drop in short term. I think the price will rise in long term.

Well you needed to think again about holding for long term i sure won't be able to losing the best moment if bitcoin getting a big increase in their value, for me it's too bad to just hold your bitcoin in the wallet I say try to grow your bitcoin example using a trading for this and at same time you wait about the price increase.

[romero121]

Holding bitcoin for a long time surely gives profit, but at the same user needs to take decision upon the price movement in accordance to time. I prefer to earn good with short term holding than long term holding because nothing is assured with bitcoin price.

[btcdiggingmaster]

In some cases it is best option to hold bitcoins and sell them when the price increases..but be sure buy at low price onlyBTC

[elyas772]

maybe yess maybe not
people sure bitcoin will rise again, and i believe it, i think holding bitcoin a long time is good way to make money.

[davis196]

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 wouldn`t  say "good way to make money".It`s a good way to gain profit from investing in bitcoin itself.

I`ve never really made any money from btc price change.I always trade for cash before the price increase

because i`m stupid or lack of luck...

[LucioTan]

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 wouldn`t  say "good way to make money".It`s a good way to gain profit from investing in bitcoin itself.

I`ve never really made any money from btc price change.I always trade for cash before the price increase

because i`m stupid or lack of luck...

Haha . Yeah it is best to hold your bitcoins so you will have a higher profit especially now that bitcoin price is continuing to drop. That means that the mindset of the bitcoin holder now is that they are going to buy bitcoins because it is low. Then the supply of bitcoins in the market will become limited and the Market price of it will increase. By holding your bitcoin, you can earn more profit. Remember 2016 is the year of bitcoin that it can even reach above $1000 so better save your bitcoins until its low now.

[FLoving]

maybe yess maybe not
people sure bitcoin will rise again, and i believe it, i think holding bitcoin a long time is good way to make money.

I will say maybe Yes as I am sure that the price of bitcoin will increase once again, it was thought that after halving the price of bitcoin will crash immediately and you can see it did not occurred so now it is sure that the price of bitcoin will increase which normally occurs at halving or after some period of halving.

[btcdiggingmaster]

Definitely you will make good money on holding BTC..upto when the price increases. BTC because every time bitcoin will rise their price definitely for sure. BTC

[shinratensei_]

maybe yess maybe not
people sure bitcoin will rise again, and i believe it, i think holding bitcoin a long time is good way to make money.

I will say maybe Yes as I am sure that the price of bitcoin will increase once again, it was thought that after halving the price of bitcoin will crash immediately and you can see it did not occurred so now it is sure that the price of bitcoin will increase which normally occurs at halving or after some period of halving.

I agree with you for the bitcoin price will increase again but before it happens we will feeling the impact from halving at first.
this just only a few days after halving and how we can feel about the impact from halving if it's a long term.

[Sniper44]

maybe yess maybe not
people sure bitcoin will rise again, and i believe it, i think holding bitcoin a long time is good way to make money.

I will say maybe Yes as I am sure that the price of bitcoin will increase once again, it was thought that after halving the price of bitcoin will crash immediately and you can see it did not occurred so now it is sure that the price of bitcoin will increase which normally occurs at halving or after some period of halving.

yeah, there is always risks involving holding bitcoin and its price in the future but since we are talking about holding bitcoin for a long time then the possibility of bitcoin becoming more famous hence having higher prices is a lot higher than it going down so this makes it a good long term investment with a good return.