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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368852 times)
SANALIU
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July 20, 2016, 11:10:36 PM
Last edit: August 02, 2016, 05:05:17 AM by SANALIU
 #761

holding bitcoin is very good time is three month
is long term over one year hold is high risk
is now good time buy bitcoin
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July 20, 2016, 11:22:30 PM
 #762

I think that holding bitcoin is going to be profitable, but there is risk to it. We don't know for sure that bitcoin will succeed. Also, some of us don't have very much bitcoin so if we can increase what we have through lending, trading, etc., we might have enough later to be worth something.

 
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July 21, 2016, 01:50:30 PM
 #763

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.
Yes if you dont need much your money then its fine to hold it because the price of bitcoin might increase in the future and you will earn from it. although there is always risk, i think it is more safe than investing it in some investment program and later on might be scam.

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July 21, 2016, 02:21:50 PM
 #764

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.
Yes if you dont need much your money then its fine to hold it because the price of bitcoin might increase in the future and you will earn from it. although there is always risk, i think it is more safe than investing it in some investment program and later on might be scam.

As quoted people expecting small profit in a long time can go with long term holding. Also long term holding has got highest risk than grabbing profit in short term holding. With short term holding we can make predictions close to reality but with long time holding we can't make predictions much close to reality.

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July 21, 2016, 02:54:36 PM
 #765

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.
Yes if you dont need much your money then its fine to hold it because the price of bitcoin might increase in the future and you will earn from it. although there is always risk, i think it is more safe than investing it in some investment program and later on might be scam.

As quoted people expecting small profit in a long time can go with long term holding. Also long term holding has got highest risk than grabbing profit in short term holding. With short term holding we can make predictions close to reality but with long time holding we can't make predictions much close to reality.

i believe in the exact opposite of what you just said.
i mean, i believe that it is so much easier to know the long term state of bitcoin or even altcoins for that matter. for example i am fairly sure that bitcoin price will be higher than $700 next year and maybe not $2000 but it would surely be higher. but i can't tell if today price is going down $10 or up $10 (it is possible though but it is much harder at least for me).
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July 21, 2016, 03:54:10 PM
 #766

it is indeed very good, and has a small risk, but I think it's less produced many bitcoin. if you hold bitcoin that you have in one year, may be an advantage that you get about $ 200, but if you use it for investment or other business, you probably can make $ 400, but it all depends on your mind, but both were very good to be chosen

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July 21, 2016, 07:05:04 PM
 #767

it is indeed very good, and has a small risk, but I think it's less produced many bitcoin. if you hold bitcoin that you have in one year, may be an advantage that you get about $ 200, but if you use it for investment or other business, you probably can make $ 400, but it all depends on your mind, but both were very good to be chosen

Yeah, the risk there is lesser in this time as it is the time of development and success of bitcoin and with that the price of bitcoin will increase more higher so all of us will get the profit, we do not have to hesitate by holding them.
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July 22, 2016, 08:05:23 AM
 #768

it is indeed very good, and has a small risk, but I think it's less produced many bitcoin. if you hold bitcoin that you have in one year, may be an advantage that you get about $ 200, but if you use it for investment or other business, you probably can make $ 400, but it all depends on your mind, but both were very good to be chosen

Holding bitcoins is good for earning some extra profit from it but holding them for too long can get worse because if you are holding them and waiting for the price to go even higher and if suddenly price gets down which we never know when could happen, then that would surely bad because you will lose the profit you could earn.
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July 22, 2016, 08:28:31 AM
 #769

yes bitcoin can be a good investment for a long time investment. it has most chances that the price will grow higher and higher in the near feature and we know it because of its popularity and its usage. bitcoin is being used over whole world at current time
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July 22, 2016, 08:37:59 AM
 #770

How much is long for you? For some people 1 month is long to hold bitcoin and I can say that this is not a good way to hold bitcoins, for me a long time can be 5+ years and through this time I should not care about the price and I should not count that I own/hold bitcoin because I said that I will hold for more than 5 years, holding for a long time can be good but also should check the news if something bad happens then we should sell them before bitcoin be useless.
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July 22, 2016, 09:09:24 PM
 #771

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)

yes the traders do buy and sell daily on regular basis, they hold only for shorter time, but I have some amount in my wallet and some I use for trade, any one canapply that strategy, for those who can hold for longer I will say that the price of bitcoin will increase more higher in the future so hold for longer.
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July 23, 2016, 09:25:32 PM
 #772

Yes that is good for long trade because you can get profits and make double or times to hundreds that is called patient if you have that you can get big profit in your holding bitcoin for long investment. Bitcoin is good one to make money for this year onward because nothing can predict that bitcoin can do rise in a good price

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July 24, 2016, 08:15:48 AM
 #773

How much is long for you? For some people 1 month is long to hold bitcoin and I can say that this is not a good way to hold bitcoins, for me a long time can be 5+ years and through this time I should not care about the price and I should not count that I own/hold bitcoin because I said that I will hold for more than 5 years, holding for a long time can be good but also should check the news if something bad happens then we should sell them before bitcoin be useless.

I think it mainly depends on how bitcoin price is going to change, for example if price goes to the moon in a couple of months then that time is going to be the long term and it is a good idea to sell in a surge up.

but again the overall bitcoin price will rise in a couple of years (5+) so it is a good idea to hold to some amount even on top and keep it for the longer time.

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July 24, 2016, 12:42:17 PM
 #774

Yes that is good for long trade because you can get profits and make double or times to hundreds that is called patient if you have that you can get big profit in your holding bitcoin for long investment. Bitcoin is good one to make money for this year onward because nothing can predict that bitcoin can do rise in a good price

I think No one can predict the future precisely.It is entirely one's own calculations and understanding of market that should count.If you are holding just because majority says so,then I dont think it would be a wise decision on your part.Hold it if you believe and do not invest too much.
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July 24, 2016, 12:47:18 PM
 #775

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?

it is not a bad way to earn for sure as it only takes lots of time, but it is very easy thing to do because you just have to buy some bitcoins and keep them

 
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Wowcoin
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July 25, 2016, 03:27:47 AM
 #776

I'm not sure but maybe yes holding bitcoin in long time it is good. Patient is more important in this situation if you have patient go invest it in a long time but you do not have patient maybe do not invest it you must save it the way they do others investor. Patient is vertue. Invest wait and earn.
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July 25, 2016, 04:14:07 PM
 #777

I'm not sure but maybe yes holding bitcoin in long time it is good. Patient is more important in this situation if you have patient go invest it in a long time but you do not have patient maybe do not invest it you must save it the way they do others investor. Patient is vertue. Invest wait and earn.

Having patience and holding bitcoins is probably good but maybe holding them for too long and getting greedy for more profit is not good because no one knows if when the price goes high and when it comes down, so if you dont sell them on the time maybe the price comes down.
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July 25, 2016, 05:32:44 PM
 #778

I'm not sure but maybe yes holding bitcoin in long time it is good. Patient is more important in this situation if you have patient go invest it in a long time but you do not have patient maybe do not invest it you must save it the way they do others investor. Patient is vertue. Invest wait and earn.

Yes holding is bitcoin is the biggest investment opportunity of current trend unfortunately only technical people are currently doing that regardless of many bigger investors are out of race. Satoshi thinks if bitcoin produces investment opportunity then it will gain initial acceptance even people do not know it's original usage.
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July 26, 2016, 12:15:54 AM
 #779

Yes because the price sky rockets from time to time.
Yeah bitcoin is rise time to time so we need to earn bitcoin because it good to holding it for long time. Patient is key to success no one can become success if you do not have patient mostly they want easy money but its not long time there money exhaust. Just you need is wait and earn.
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July 26, 2016, 12:27:59 AM
 #780

I see many people didn't understand good this question. Holding bitcoins for a long time means that you expect that price will be very high one day, and then you can cash out that bitcoins an you will have profit. Simple example say if you buy 10 bitcoins for 650 dollars and that is 6500 $ and decide to hold it for 10 years. You expect price to be 3000 $ for one btc after 10 years, you earned 30 000 $ minus 6500 $ means you made 23 500 $ profit.

Holding is not making money, its something you stay on a side for future, and that is always big question will bitcoin have so high price for 10 years or not? You are gambling. Nothing is 100 % safe, maybe its better to put 10 btc in casino and try to make your pension today.

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