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

[hajimasan]

yes , but the timing of buy bitcoin to hold for long is a big matter . if we are looking to buy bitcoin and hold it for long time then we should buy bitcoin when it is at very low rate , i mean to get no chance of loss due to fall of its price .

[phreaky]

Holding bitcoin a long time is one of the best ways to make profit on bitcoin cause it's value keeps increasing and the potential is very high.
So the price has the chance to reach high is all goes right, having alot of bitcoins ready will give you alot of profit eventually.

[South Park]

its better to holding your bitcoin a few years
the price of bitcoin will be rising in the future and bitcoin is very good investment for a long time.

Not necessarily. If the government bans bitcoin then how can you say with confidence the price will continue to rise ? It can easily fall if something like that happens or another hack happens.

I think hacks while important and have an impact in the price of bitcoin, but a ban of bitcoin by governments will have an impact on price and I think that the effect will be very negative for adoption and bitcoin price.

[iqlimasyadiqa]

no . we could lose money from bitcoin price reduction. better to be invested in the trading world or the real world. we could open a business that generates revenue every month.

[hakanbalta577]

Actually i will not consider and it would be a risky investement.Yes there are chances that bitcoin price will increasse in future but there is risk involved in it as well because its really hard to predict bitcoins so i am not the one who will recommend this while many others will.Every one has different opinion.

[zPanda]

Holding BTC in the first place isn't stimulating the economy at all, but nevertheless, holding BTC wouldn't generate an income. But it's subjective, depending on the initial investment amount.

[Bitcoinbro]

Holding bitcoin a long time is a very good way to make money cause bitcoin will raise in value in the upcoming years and probably with the next halving which is in 2020 alot of crazy price swings will be seen.
I will keep holding till atleast 2020 to see if the value changed alot or not.

[MaritiJames3]

Holding bitcoin a long time is a good way to make money if you can hold till the halving in 2020 and then buy even more then I am sure you will make alot of profit because by the time it's 2020 I think prices will also be around 1.2k atleast already if not then bitcoin has no future of high value.

[DuckKeeper]

I dont think holding your bitcoin on a long time is really profitable but why not you can try we wil never know what the price of the bitcoin will do so maybe you can make much profit.

[phreaky]

Short answer yes it'll be good to hold it a long time long answer for sure you should invest into bitcoin and get as many as possible in the next halving which is in 2020 the prices will drop and skyrocket up and that's where you will find the most profit. Take advantage of price swings always!

[Cozynunu]

I dont think you should hold them such a long time because i know for sure when you hold them to long some times you got rid of your coins or the price will fall and you wont make any money.

[Johnyloco]

To one perception, yes it is, because the value of the Bitcoin is like the gold and is increasing day by day and has gone
very high, but still the bitcoin is still virtual medium and can be lost among the internet as well because noone is
holding it and noone is authorized. If we lose money then we go to the bank or somewhere else to sue but we are in risk if
some other computer psychopath knows the way to move to our wallet than we would be doomed for sure.
It is inappropriate to say whether holding bitcoin may get us more money or not.

[ronaldo40]

I dont think you should hold them such a long time because i know for sure when you hold them to long some times you got rid of your coins or the price will fall and you wont make any money.

when the price drops deeper I think not having to worry, you can buy more coins.
because I think if the person hold for the long term. it does not care about price fluctuations. because they must await the targets in the future when the price reaches very high.

[bitbunnny]

People hold the Bitcoin for long time and hope the price will rise so they will make some money.
This is maybe good way but we have also faced situations when Bitcoin pric dropped significantly. So, for me better strategy is to move your Bitcoins around, invest them and trade them and make the money that way, instead just sitting idle and waitnig for the price to go up. When it comes to Bitcoin it is better to be active then passive.

[Superbitzz]

Holding bitcoin a long time is a very good way to make money cause bitcoin will raise in value in the upcoming years and probably with the next halving which is in 2020 alot of crazy price swings will be seen.
I will keep holding till atleast 2020 to see if the value changed alot or not.

yes there is no doubt about this that long term investment is too good, but if you are going for long term investment then you have to invest a good amount of money and not a little one, because you have to wait for a long time and you can make a good money if you invest a good amount and not a small one.

[South Park]

Holding BTC in the first place isn't stimulating the economy at all, but nevertheless, holding BTC wouldn't generate an income. But it's subjective, depending on the initial investment amount.

Holding bitcoin in itself does not grow your bitcoin, but if the fiat value of bitcoin increases then you can make a nice profit, on the other hand in order to acquire meaningful amounts of bitcoin to hold and then sell at least 2 transactions need to take place, one to buy and the other to sell, so those 2 transactions help the bitcoin economy by allowing bitcoin to move.

[freedomgo]

Holding bitcoin a long time is a very good way to make money cause bitcoin will raise in value in the upcoming years and probably with the next halving which is in 2020 alot of crazy price swings will be seen.
I will keep holding till atleast 2020 to see if the value changed alot or not.

yes there is no doubt about this that long term investment is too good, but if you are going for long term investment then you have to invest a good amount of money and not a little one, because you have to wait for a long time and you can make a good money if you invest a good amount and not a small one.

It is a great investment if you are going to hold a lot of bitcoins because as the price is increasing that is the time that you are going to get good profit out of it. And that is what I am doing now, I am some allocation of some bitcoins that is just for holding for a long time maybe my time span would be 2-5 years depending what is the price fluctuations.

You do not need to do it one time as you can always save and invest on a installment basis, when you are earning online, you will just have to allocate a certain percentage of your income and just save it for a longer period of time, you just need to be discipline to be able to do that.

[lanslans]

Holding your bitcoin for a long time is good but you will consider the trend of the price when its price go down you should buy and when the price is go high you should sell it. point in here you must often to see the market cause every time the price may change.

[abayan]

Holding bitcoin a long time is a very good way to make money cause bitcoin will raise in value in the upcoming years and probably with the next halving which is in 2020 alot of crazy price swings will be seen.
I will keep holding till atleast 2020 to see if the value changed alot or not.

yes there is no doubt about this that long term investment is too good, but if you are going for long term investment then you have to invest a good amount of money and not a little one, because you have to wait for a long time and you can make a good money if you invest a good amount and not a small one.

It is a great investment if you are going to hold a lot of bitcoins because as the price is increasing that is the time that you are going to get good profit out of it. And that is what I am doing now, I am some allocation of some bitcoins that is just for holding for a long time maybe my time span would be 2-5 years depending what is the price fluctuations.

You do not need to do it one time as you can always save and invest on a installment basis, when you are earning online, you will just have to allocate a certain percentage of your income and just save it for a longer period of time, you just need to be discipline to be able to do that.

Save bitcoin for instances I agree with you. Dont spend all of your bitcoin on other stuff save some of it because you can earn more with it. It is something yyou are holding it for the future :d then holding a bitcoin in a long period of time it could make you earn a lot of profit and also you can use it for emergency purposes.

[martinacar]

Holding bitcoin a long time is a very good way of making profit but of course not if you need inmediate profit/money.
But if you can hold for years then do it cause prices of the coin will be raising for sure to amounts that give nice profits.