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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368852 times)
Colt22
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July 13, 2016, 08:36:20 PM
 #741

Yeah, it is considered good to hold bitcoin for a longer time, everyone has noticed that in long term no one lose their investment in bitcoin, while those who only invest for a few days will depend on the price of that days, if the price in that days increased then he will earn and if the price decreased he will lose.
hermanhs09
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July 13, 2016, 11:02:47 PM
 #742

Yeah, it is considered good to hold bitcoin for a longer time, everyone has noticed that in long term no one lose their investment in bitcoin, while those who only invest for a few days will depend on the price of that days, if the price in that days increased then he will earn and if the price decreased he will lose.
yeah it is really good,because for example if you can actually buy it at good moment,you will make a decent profit out of it.
It is not even neccesary to hold it for really long,bitcoin has big price fluctuations,what means you can make good % of growth,thanks to them if you are a skillful trader.
BicolIsarog
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July 14, 2016, 03:55:30 AM
 #743

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.
roadbits
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July 14, 2016, 05:14:02 AM
 #744

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.
No holding Bitcoin is right to make money. But don't wait for a long time whenever you will the price is good then you can sell your coins and make some profit. This is a good idea. Because we don't know when the Bitcoin price will go high and when it will come down. So hold your coin and make a profit in a timely manner.
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July 14, 2016, 01:26:40 PM
 #745

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.
Your wrong,holding is also a good idea to make a profit but for just hold your coin it's wrong to step. you can mix that with another activity can grow your bitcoin at the same time. it's will better than just holding for the price increase.

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July 14, 2016, 02:01:14 PM
 #746

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.
Your wrong,holding is also a good idea to make a profit but for just hold your coin it's wrong to step. you can mix that with another activity can grow your bitcoin at the same time. it's will better than just holding for the price increase.
Yup, i agree with this. Holding your coin is a good idea. But holding Bitcoin for a long time is not okay. Because we don't know when the price will increase and when it will go down. So keep on watching Bitcoin price and when you feel the price is high sell your coins and make money. So don't wait for the big profit. And also yes do some other activities from Bitcoin to increase your profit.
xIIImaL
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July 15, 2016, 04:38:44 AM
 #747

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.
No holding Bitcoin is right to make money. But don't wait for a long time whenever you will the price is good then you can sell your coins and make some profit. This is a good idea. Because we don't know when the Bitcoin price will go high and when it will come down. So hold your coin and make a profit in a timely manner.


Holding anything who have abig value,its a good way to make money. always, so if we hold bitcoin,but it all depending bitcoin price movement,if you hold bitcoin at low price,and sell it when price is up on several year,its really good trade,and trading is good way to make money.
btcdiggingmaster
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July 17, 2016, 10:06:24 AM
 #748

Yes I think holding bitcoin is good for long term invest, but you have to wait patiently up to when the price increases .Even i also invested some % of my own money into bitcoin and holding them.I do have the patience for it, for a long time it can bring you big amounts of dollars for sure.BTC
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July 17, 2016, 11:14:14 AM
 #749

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.
No holding Bitcoin is right to make money. But don't wait for a long time whenever you will the price is good then you can sell your coins and make some profit. This is a good idea. Because we don't know when the Bitcoin price will go high and when it will come down. So hold your coin and make a profit in a timely manner.


Holding anything who have abig value,its a good way to make money. always, so if we hold bitcoin,but it all depending bitcoin price movement,if you hold bitcoin at low price,and sell it when price is up on several year,its really good trade,and trading is good way to make money.

Holding for the long term is very rewarding if you have enough patience to keep your coins sleeping in cold storage for years. I think less than 10% of the actual holders have enough patience to keep their coins for longer than a year in their wallet.
CryingMidget
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July 17, 2016, 03:57:53 PM
 #750

Yes I think holding bitcoin is good for long term invest, but you have to wait patiently up to when the price increases .Even i also invested some % of my own money into bitcoin and holding them.I do have the patience for it, for a long time it can bring you big amounts of dollars for sure.BTC


Yup Long term holding will profit you high. The price of bitcoin is increasing and not on the decreasing side. Over years this growth will continue to make a comfortable living with a earning of single bitcoin on the third world countries.
phreaky
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July 17, 2016, 04:51:34 PM
 #751

Yes I think holding bitcoin is good for long term invest, but you have to wait patiently up to when the price increases .Even i also invested some % of my own money into bitcoin and holding them.I do have the patience for it, for a long time it can bring you big amounts of dollars for sure.BTC


Yup Long term holding will profit you high. The price of bitcoin is increasing and not on the decreasing side. Over years this growth will continue to make a comfortable living with a earning of single bitcoin on the third world countries.

If you want to hold your bitcoins for a period longer then 1 year i think it is very likely you will earn on profit with your bitcoin.
The potential for bitcoin is more then 650 dollar.
PokerFace3
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July 17, 2016, 05:21:44 PM
 #752

Yes I think holding bitcoin is good for long term invest, but you have to wait patiently up to when the price increases .Even i also invested some % of my own money into bitcoin and holding them.I do have the patience for it, for a long time it can bring you big amounts of dollars for sure.BTC


Yup Long term holding will profit you high. The price of bitcoin is increasing and not on the decreasing side. Over years this growth will continue to make a comfortable living with a earning of single bitcoin on the third world countries.

If you want to hold your bitcoins for a period longer then 1 year i think it is very likely you will earn on profit with your bitcoin.
The potential for bitcoin is more then 650 dollar.
holding Bitcoin is undoubtedly a very good way to make money. If you hold bitcoins for a year then the profit can be very huge  Cheesy Cheesy Cheesy 
I guess the potential for bitcoins is a lot more than 650 dollars as many people start using bitcoins it's price will increase.
The_prodigy
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July 18, 2016, 12:06:19 PM
 #753

holding bitcoin for a long time is good way to make money because the more the bitcoin get popular the more it the more the price will going to increase. but in other ways its bad because the other is buying at higher price they cant get profit after all then sometimes they're getting stuck or ending up to bankrupt that's why you need know when to buy and hold and when to sell when it at higher price
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July 19, 2016, 02:51:24 AM
 #754

Holding bitcoin for long time is only the safe way so that you can  save your money, but here is some risk in that also, how means when the bitcoin price falls definitely there is a loss.  Even you are holding you are not losing any money so that is good for yourself. Without risks than you cant also make money.
TGD
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July 19, 2016, 05:21:45 AM
 #755

Holding bitcoin for long time is only the safe way so that you can  save your money, but here is some risk in that also, how means when the bitcoin price falls definitely there is a loss.  Even you are holding you are not losing any money so that is good for yourself. Without risks than you cant also make money.

Actually it's not safe to hold it for long term we don't know what will happen next to bitcoin at this moment bitcoin price continue to increase but what if bitcoin crash ? At that time you will lost .so it's better to prepare buy and sell bitcoin  to earn profit sell it if you think the price will decrease

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July 19, 2016, 06:48:11 AM
 #756

Holding bitcoin for long time is only the safe way so that you can  save your money, but here is some risk in that also, how means when the bitcoin price falls definitely there is a loss.  Even you are holding you are not losing any money so that is good for yourself. Without risks than you cant also make money.

Actually it's not safe to hold it for long term we don't know what will happen next to bitcoin at this moment bitcoin price continue to increase but what if bitcoin crash ? At that time you will lost .so it's better to prepare buy and sell bitcoin  to earn profit sell it if you think the price will decrease


Unless the price decline is long term, and severe, I would say to hold through the dip. Trading carries some inherent risk of losing value; I would only peg back to fiat after I lost 7-15%, and intend to buy back in at the bottom. Otherwise, safer to hold now that bitcoin isn't as volatile as it once was. A crash to ruin is highly unlikely at this point, or at least it won't be sudden.
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July 19, 2016, 07:21:36 AM
 #757

Holding bitcoin for long time is only the safe way so that you can  save your money, but here is some risk in that also, how means when the bitcoin price falls definitely there is a loss.  Even you are holding you are not losing any money so that is good for yourself. Without risks than you cant also make money.

Actually it's not safe to hold it for long term we don't know what will happen next to bitcoin at this moment bitcoin price continue to increase but what if bitcoin crash ? At that time you will lost .so it's better to prepare buy and sell bitcoin  to earn profit sell it if you think the price will decrease


Unless the price decline is long term, and severe, I would say to hold through the dip. Trading carries some inherent risk of losing value; I would only peg back to fiat after I lost 7-15%, and intend to buy back in at the bottom. Otherwise, safer to hold now that bitcoin isn't as volatile as it once was. A crash to ruin is highly unlikely at this point, or at least it won't be sudden.

i have always said, you either have to be a trader if you can handle it and know how to make a profit from the market or you have to be a long term holder.

and in case you are a trader then you have to sell if you think a dip is shaping up before you lose too much and buy back again at the bottom. but a trader should already know that.

and in case you are not a trader, or you can't make a profit based on your experience then hold and don't worry about the small temporary changes because you will lose money if you get into trading, and it is not for everyone.

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July 19, 2016, 02:12:23 PM
 #758

I think yes it is a good way to get profit by holding our coins for the whole year and I think if we do not need our money then we have to keep them for longer.
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July 20, 2016, 07:57:24 PM
 #759

Holding is the only reasonable to do if you don't use bitcoin for shopping and/or trading alts.
The potential price rise.
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July 20, 2016, 09:44:50 PM
 #760

Of course Holding bitcoins long time is best way to make profit but for me as trader i will hold them as long as i can , but if i fined eny profitable altcoin today i will  use them)

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