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

[Altynbekova]

yes there is no doubt about this, if you have some extra money or if you can reserve some money from your salary or from your expenses you have a very good opportunity of invest it in bitcoin, although the price are a little high now but i think if you are going for a long term investment then it is a good chance with you, hope that after an year or you you will really get a very good profit from your investment,

I think you are right. Bitcoin has a potential and we haven't seen even half of it, so if you buy it now you are still early.
Even Eric Voorhees staid that the bitcoin market cap has surprised many outsiders in a positive way.

[1714644371]

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[Superways]

I have 13$ worth of btc.i dont understand what will happen,if i holding this btc for a long time ?

It just depends on how long you hold and what the price is when you sell or trade for goods.
It could be worth $1 or it could be worth $10000

It could be good to hold your bitcoins for a long term, keep in mind there are more risks that you have to take to do this but it will also maybe be more profitable at the end, A long term investment can let you gain a lot of money if the bitcoin grows to a very large currency.

I think there is no any risk to hold our bitcoins for longer as if we have a good knowledge about bitcoin and keep a bare look on its price and other events and get a good knowledge about trade then it is not possible that we will lose anything with our bitcoins. I have my bitcoins in my wallet from about more than 8 months and I have not lost any amount in there in that period, which is a proof for me that there is no any risk to hold for longer.

I have my coins from a longer time in my wallet and I have not faced any risk but I have earn much more because of it, with that I have a strong believe on bitcoin now and so I will keep my coins for more longer in my wallet and I have believe that the price will increase sooner and I will earn more with that. I will suggest all of you to hold for longer.

[martinacar]

I have 13$ worth of btc.i dont understand what will happen,if i holding this btc for a long time ?

It just depends on how long you hold and what the price is when you sell or trade for goods.
It could be worth $1 or it could be worth $10000

It could be good to hold your bitcoins for a long term, keep in mind there are more risks that you have to take to do this but it will also maybe be more profitable at the end, A long term investment can let you gain a lot of money if the bitcoin grows to a very large currency.

I think there is no any risk to hold our bitcoins for longer as if we have a good knowledge about bitcoin and keep a bare look on its price and other events and get a good knowledge about trade then it is not possible that we will lose anything with our bitcoins. I have my bitcoins in my wallet from about more than 8 months and I have not lost any amount in there in that period, which is a proof for me that there is no any risk to hold for longer.

I have my coins from a longer time in my wallet and I have not faced any risk but I have earn much more because of it, with that I have a strong believe on bitcoin now and so I will keep my coins for more longer in my wallet and I have believe that the price will increase sooner and I will earn more with that. I will suggest all of you to hold for longer.

The only thing that is important is that you believe in the concept. They you will not make rookies mistakes to sell your coins in a panic crash or even a panic buying. Believing is holding, holding is consistent and even a guarantee to profit. How much? We will now that in a couple of years. So stay tuned!

[1Referee]

yes there is no doubt about this, if you have some extra money or if you can reserve some money from your salary or from your expenses you have a very good opportunity of invest it in bitcoin, although the price are a little high now but i think if you are going for a long term investment then it is a good chance with you, hope that after an year or you you will really get a very good profit from your investment,

I think you are right. Bitcoin has a potential and we haven't seen even half of it, so if you buy it now you are still early.
Even Eric Voorhees staid that the bitcoin market cap has surprised many outsiders in a positive way.

Bitcoin keeps surprising people. At the very beginning when the price was about to reach $100 for the first time, a lot "financial experts" believed the price would plummet after that and never recover again. Basically the same happened at $200, etc. Look where we are now. Bitcoin is unstoppable.

[Aamir1]

I have 13$ worth of btc.i dont understand what will happen,if i holding this btc for a long time ?

It just depends on how long you hold and what the price is when you sell or trade for goods.
It could be worth $1 or it could be worth $10000

It could be good to hold your bitcoins for a long term, keep in mind there are more risks that you have to take to do this but it will also maybe be more profitable at the end, A long term investment can let you gain a lot of money if the bitcoin grows to a very large currency.

I think there is no any risk to hold our bitcoins for longer as if we have a good knowledge about bitcoin and keep a bare look on its price and other events and get a good knowledge about trade then it is not possible that we will lose anything with our bitcoins. I have my bitcoins in my wallet from about more than 8 months and I have not lost any amount in there in that period, which is a proof for me that there is no any risk to hold for longer.

It actually does not happen often when people pick up loses holding bitcoins because it does not usually drop its price like altcoins, but still someone should always be active and updated so that if the price of bitcoin starts dropping then he can sell his bitcoins immediately to stay away from loses.

[vurasasog]

I know somebody who  bought the bitcoin 5 years ago and did not sell any. They are quite rich now.

[Mr.grin]

Well, I think it's very good for storing bitcoin in a long time just to make money. it has also been included in saving money, especially if you do it by searching for bitcoin and money, well, I guess it will quickly make you rich. but it is very difficult to do that.

[BitTyper]

At this time we have to hold them for more longer as the price will start to increase but it will take some time, currentlyit is at down direction but hope that it will sooner start to increase.

[shinratensei_]

At this time we have to hold them for more longer as the price will start to increase but it will take some time, currentlyit is at down direction but hope that it will sooner start to increase.

The bitcoin is reaching their stabilizing condition, maybe the price will increase but it's will take a more time for that. are some saying the bitcoin will get rising until next halving? if you wanna know about the stabilizing of bitcoin visits the another topic in bitcoin discussions.

[virtualkeybuyer]

At this time we have to hold them for more longer as the price will start to increase but it will take some time, currentlyit is at down direction but hope that it will sooner start to increase.

yeah, it is sure that the price of bitcoin will once again start to increase, so in that case it is beneficial for all of us to hold for more longer and do not agree to sell our coins at lower price we should have to keep the price of our coins at more that $650 and not below it, you will see at one time the buyers will agree to buy at that rate when they do not find any other seller with lowest price.

[mrhelpful]

yes there is no doubt about this, if you have some extra money or if you can reserve some money from your salary or from your expenses you have a very good opportunity of invest it in bitcoin, although the price are a little high now but i think if you are going for a long term investment then it is a good chance with you, hope that after an year or you you will really get a very good profit from your investment,

I think you are right. Bitcoin has a potential and we haven't seen even half of it, so if you buy it now you are still early.
Even Eric Voorhees staid that the bitcoin market cap has surprised many outsiders in a positive way.

Bitcoin keeps surprising people. At the very beginning when the price was about to reach $100 for the first time, a lot "financial experts" believed the price would plummet after that and never recover again. Basically the same happened at $200, etc. Look where we are now. Bitcoin is unstoppable.

History tends to repeat itself if you arent wary of the education given already.. then it would be based on the persons fault lol.

I say do whatever you can based on your current financial situation despite up or down.

[TGD]

If i were you I will trade it to Fiat, you can have much profit if you buy and sell bitcoin, the volatility of bitcoin will help you to earn some bucks. you can have much profit with that better than hold it for long term.

[Aamir1]

If i were you I will trade it to Fiat, you can have much profit if you buy and sell bitcoin, the volatility of bitcoin will help you to earn some bucks. you can have much profit with that better than hold it for long term.

Or even someone can trade altcoins with that, and the profit earned from altcoin trading can be stored for sometime until the price of bitcoin grows to some extent and then sell them to get the profit.

[bestluck]

Yesterday after the bitfinex hack, the price of bitcoin  started to decrease and reached to $500 at that time a large number of people started to sell their coins and a large number of people kept them hold in their wallet and decided to wait for a little more longer, so those who sold their coins lost a bigger value of their money while those who kept hold are recovering their money.

[Cast12]

Holding bitcoin is a good way to make money long-term, but you could also lose money.

[danfoda]

It is a common practice between economists to predict these kind of stuff, sometimes they profit, sometimes they lose

[ASHLIUSZ]

It is a common practice between economists to predict these kind of stuff, sometimes they profit, sometimes they lose

I don't think we lose money by holding, if we aim to hold coins we have to be patient for long term till our target price increase, but sure price will rise one day.

[ImHash]

I think holding bitcoins is always a good plan as it will grow over time and you could only then profit a big amount.

[Roger Burton]

Bitcoin was built as a trustless transaction system but has and in the forseable future will be evolving into a value storage medium which is awesome 

[Dr.Osh]

I think holding bitcoins is always a good plan as it will grow over time and you could only then profit a big amount.

you're right, it would be good to hold bitcoin in a long time, it can also be said to be an investment. but would very much temptation in that case, you might want to use the money for various needs of life, but if you managed to control it all, I think it will be fine.