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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368890 times)
abugseuf
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October 12, 2016, 08:08:39 PM
 #1221

Investing while waiting is the best way to make money, you can multiple your money with investing, and if the price increase more you will get profit double than you expected, so why you choose only one option if you still have more.

It's not the best way to make money but possibly the best passive way though you rarely have to do anything except keep investing and keep an eye on prices every now and then so it's a nice way.
i think every one has their own interest some people consider short term investment as the best way of making money while other consider it as risky and they consider the long term investment as the safest way of making money.
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October 13, 2016, 12:32:04 AM
 #1222

I think holding will probably make you money in the long run. The problem is that no one really knows for sure if bitcoin will survive long term. I chose to buy a little a few years ago and then I add to it by trading.

 
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October 13, 2016, 03:25:56 AM
 #1223

I think holding will probably make you money in the long run. The problem is that no one really knows for sure if bitcoin will survive long term. I chose to buy a little a few years ago and then I add to it by trading.

For sure it is going to give us good profit in the future and it you are going to think about it then there is already a proof about it.

Then look up to the people who are early users of bitcoin who hold bitcoin for a long time and in the long run they have reach the higher price.

And they became rich people as of today.

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October 13, 2016, 10:19:44 AM
 #1224

I think holding the bitcoin for a long time is good although its depending on what you of course consider as a long time.
Most of the times a long time can be good its just a matter of time these days to make profit with the bitcoin.
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October 13, 2016, 11:45:49 AM
 #1225

I think holding the bitcoin for a long time is good although its depending on what you of course consider as a long time.
Most of the times a long time can be good its just a matter of time these days to make profit with the bitcoin.

yeah, for how long you will hold your bitcoin, but I think if you are into long term keeping, you could try it for one year first, if there is an improvement in price then keep it for 2 and add few more in your stash then if it works, well, that's the time you have to decide if you are going to sell it and keep it for another year. But you have a point there that nowadays, the price could really tempt you to sell it and regret if you are on the wrong timing.

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October 13, 2016, 01:11:52 PM
 #1226

I think holding the bitcoin for a long time is good although its depending on what you of course consider as a long time.
Most of the times a long time can be good its just a matter of time these days to make profit with the bitcoin.

yeah, for how long you will hold your bitcoin, but I think if you are into long term keeping, you could try it for one year first, if there is an improvement in price then keep it for 2 and add few more in your stash then if it works, well, that's the time you have to decide if you are going to sell it and keep it for another year. But you have a point there that nowadays, the price could really tempt you to sell it and regret if you are on the wrong timing.
I think we need to be specific on how long we should hold our bitcoins, let us say if we are planning to hold it for 10 years then the better as long as we will monitor the price movement and we have a target also when to sell for a profit or for a lose.

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The_prodigy
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October 13, 2016, 01:54:38 PM
 #1227

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
How you said that saving bitcoin for a long time is not safe? and holding them for a long term i just read someone did it that hes holding his bitcoin since 2014 and now his making money with it by just holding coins and continuosly doing it increase bitcoin it will not crash instantly imo yes it's be better to prepare if this happen but i think it will be notice everyone that this happen right ?
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October 13, 2016, 02:50:14 PM
 #1228

I think holding the bitcoin for a long time is good although its depending on what you of course consider as a long time.
Most of the times a long time can be good its just a matter of time these days to make profit with the bitcoin.

yeah, for how long you will hold your bitcoin, but I think if you are into long term keeping, you could try it for one year first, if there is an improvement in price then keep it for 2 and add few more in your stash then if it works, well, that's the time you have to decide if you are going to sell it and keep it for another year. But you have a point there that nowadays, the price could really tempt you to sell it and regret if you are on the wrong timing.
I think we need to be specific on how long we should hold our bitcoins, let us say if we are planning to hold it for 10 years then the better as long as we will monitor the price movement and we have a target also when to sell for a profit or for a lose.
[/quote
i think it depend on you, that how much you can afford to hold your bitcoin, if you are going to hold it for 3 year you are good, if you are holding it for 5 year you are too good and if you are holding your bitcoin for 7 and above year you are superb and you will surely get a good profit in the end.
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October 13, 2016, 03:10:47 PM
 #1229

It may be low for now but we all know that time will come and it's price will eventually go up in no time. Holding your bitcoin for now is not that bad if you are patiently waiting for the right time to convert it to fiat, in that way you can get a huge profit from it and you will just realize that holding your bitcoin for a long time really does worth it.
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October 13, 2016, 03:14:02 PM
 #1230

I think holding the bitcoin for a long time is good although its depending on what you of course consider as a long time.
Most of the times a long time can be good its just a matter of time these days to make profit with the bitcoin.

yeah, for how long you will hold your bitcoin, but I think if you are into long term keeping, you could try it for one year first, if there is an improvement in price then keep it for 2 and add few more in your stash then if it works, well, that's the time you have to decide if you are going to sell it and keep it for another year. But you have a point there that nowadays, the price could really tempt you to sell it and regret if you are on the wrong timing.
I think we need to be specific on how long we should hold our bitcoins, let us say if we are planning to hold it for 10 years then the better as long as we will monitor the price movement and we have a target also when to sell for a profit or for a lose.

Ten years is a long term, why not try to buy and sell in between since you will be monitoring the Bitcoin activity for those years.  Maybe after ten years you can double or triple your holdings by selling your holding when bitcoin price increase and then buying when it is low.  Doing buy and sell during observation will at least make your time productive while watching bitcoin trends closely.

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October 14, 2016, 06:46:54 AM
 #1231

It may be low for now but we all know that time will come and it's price will eventually go up in no time. Holding your bitcoin for now is not that bad if you are patiently waiting for the right time to convert it to fiat, in that way you can get a huge profit from it and you will just realize that holding your bitcoin for a long time really does worth it.

You are right with it and that has been proven because in the past and early days of bitcoin. Many people bought thousands of bitcoins and what they did is they just hold it for a long time and even today they are still holding it. And bitcoin did not just gave them profit, but bitcoin made them US Dollar millionaires just because of it.

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October 14, 2016, 07:30:48 AM
 #1232

It may be low for now but we all know that time will come and it's price will eventually go up in no time. Holding your bitcoin for now is not that bad if you are patiently waiting for the right time to convert it to fiat, in that way you can get a huge profit from it and you will just realize that holding your bitcoin for a long time really does worth it.

You are right with it and that has been proven because in the past and early days of bitcoin. Many people bought thousands of bitcoins and what they did is they just hold it for a long time and even today they are still holding it. And bitcoin did not just gave them profit, but bitcoin made them US Dollar millionaires just because of it.
True, the early adopters are not just enjoying the profits from bitcoin saving, they have become millionaires. That must be the very big proof of holding bitcoin in long time, one of a good way to make money. I strongly believe history will repeat and we also get the same chances if we start holding at least from now onward.
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October 14, 2016, 09:46:23 AM
 #1233

It may be low for now but we all know that time will come and it's price will eventually go up in no time. Holding your bitcoin for now is not that bad if you are patiently waiting for the right time to convert it to fiat, in that way you can get a huge profit from it and you will just realize that holding your bitcoin for a long time really does worth it.

You are right with it and that has been proven because in the past and early days of bitcoin. Many people bought thousands of bitcoins and what they did is they just hold it for a long time and even today they are still holding it. And bitcoin did not just gave them profit, but bitcoin made them US Dollar millionaires just because of it.
True, the early adopters are not just enjoying the profits from bitcoin saving, they have become millionaires. That must be the very big proof of holding bitcoin in long time, one of a good way to make money. I strongly believe history will repeat and we also get the same chances if we start holding at least from now onward.
The early adapter already enjoying the bitcoin result, and now it will be our turns to enjoy it, as i can see there are so many improvements at bitcoin, so it will be a great idea to buy and store bitcoin now, so in the future we will be one of the bitcoin millionaire
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October 14, 2016, 10:40:10 AM
 #1234

It may be low for now but we all know that time will come and it's price will eventually go up in no time. Holding your bitcoin for now is not that bad if you are patiently waiting for the right time to convert it to fiat, in that way you can get a huge profit from it and you will just realize that holding your bitcoin for a long time really does worth it.

You are right with it and that has been proven because in the past and early days of bitcoin. Many people bought thousands of bitcoins and what they did is they just hold it for a long time and even today they are still holding it. And bitcoin did not just gave them profit, but bitcoin made them US Dollar millionaires just because of it.
True, the early adopters are not just enjoying the profits from bitcoin saving, they have become millionaires. That must be the very big proof of holding bitcoin in long time, one of a good way to make money. I strongly believe history will repeat and we also get the same chances if we start holding at least from now onward.
The early adapter already enjoying the bitcoin result, and now it will be our turns to enjoy it, as i can see there are so many improvements at bitcoin, so it will be a great idea to buy and store bitcoin now, so in the future we will be one of the bitcoin millionaire
I think hold bitcoin for the long term is a good idea to make money. because potential bitcoin to grow in the future is huge. even I myself always keep bitcoin from profit every day for the future.

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October 14, 2016, 10:42:45 AM
 #1235

I think any time is a good time to buy a bitcoin. plus the current bitcoin prices continue to rise.
we will feel a tidy profit when we dare to invest our money in bitcoin.

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October 14, 2016, 01:22:28 PM
 #1236

Holding bitcoin will be the best idea since it is expected to go much higher in the following months.i would advice to  keep more  bitcoins as saving and invest the rest of bitcoins in trading. but remember trading is risky.

Holding bitcoin will indeed make lots of profit but maybe prices will go down now first and then back up and that's the little window in which you have to make most money.
It doesn't seem like bitcoin is going up so much right now it's going down more I think so might have to wait before buying again.

Yeah because holding bitcoin is supposed to be a long term investment and you need a lot of patience for this cause it could take years before it reaches its true potential and till then you will have to hold.
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October 14, 2016, 01:32:12 PM
 #1237

in one way bitcoin suply is limited, so holding will bring you a profit, but it might take 40 years or so. in onther hand there are new coins around that can slow down bitcoin growth. anyway it is always good to have some btc
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October 14, 2016, 01:44:01 PM
 #1238

in one way bitcoin suply is limited, so holding will bring you a profit, but it might take 40 years or so. in onther hand there are new coins around that can slow down bitcoin growth. anyway it is always good to have some btc
There is no question about that as that is the basis law of supply and demand, the big question here is if bitcoin will continue to succeed in the future. If it will be successful for sure holding bitcoins will give us more profit as the price will surely have a significant increase.

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innominatus
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October 14, 2016, 01:48:42 PM
 #1239

in one way bitcoin suply is limited, so holding will bring you a profit, but it might take 40 years or so. in onther hand there are new coins around that can slow down bitcoin growth. anyway it is always good to have some btc
There is no question about that as that is the basis law of supply and demand, the big question here is if bitcoin will continue to succeed in the future. If it will be successful for sure holding bitcoins will give us more profit as the price will surely have a significant increase.
of course.
there is no way bitcoin is going back.
it is spread worldwide. billions in economy, noone going to stop that
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October 14, 2016, 02:24:19 PM
 #1240

in one way bitcoin suply is limited, so holding will bring you a profit, but it might take 40 years or so. in onther hand there are new coins around that can slow down bitcoin growth. anyway it is always good to have some btc
Limited supply is a great thing as it will not devalue the currency value in question theoretically, but we don't know if that's also the case with Bitcoin.

I remember some one saying that the Bitcoin value will either be inanely high, or barely worth anything.

I of course hope for the first option as I am in Bitcoin for the very long term, because I really need the financial freedom that it gives me.

BSV is not the real Bcash. Bcash is the real Bcash.
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