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

[trissfc1998]

yes holding botcoin for a long time will according to me is a good decision. we know the price is not to be trusted but if it didnt made any profit then also we can avoid the loss by waiting some more

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[Rostadom]

If you have a business going on and if you have millions of dollars, then holding Bitcoin is a good way to make money. Since you have a business going on, investing a lot of money wouldn't affect you that much because there's still income coming to you. Instead of keeping your million dollars in a bank, you should invest it in Bitcoins. It will make you earn more money as time pass by, while keeping it in a bank wouldn't.

[FLoving]

yes holding botcoin for a long time will according to me is a good decision. we know the price is not to be trusted but if it didnt made any profit then also we can avoid the loss by waiting some more

It were previous days when the price was not trusted. Nowadays the price is going much better and it is going to increase with a good pace and in the coming future we will be benefited with it if we keep them for longer period.

[1Referee]

don't same bitcoin in investment another platform gold or house
is gold is good investment is long time over 10 year
bitcoin is very bad is investment over 10 year

well, take a look at the 10 year gold charts. gold has gone up 112.5% in a matter of 10 years. it doesn't mean it will happen again of course, but investing in gold for 10 years and getting a return of just over 110% is not really promising. if bitcoin lives up to all its realistic expectations, then you'll be rewarded with a huge return. it will be beyond what gold will offer you.

From the past performance, it seems that the bitcoin is much better than the gold. The bitcoin will grow even faster.

Bitcoin is indeed much more rewarding than Gold, but the risks are also much greater. In order to benefit from the volatile nature of Bitcoin, you have to understand what the risks are, and know how to read the market in order to benefit to the most from whatever state the market is in at that time.

[Osarman]

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

[Farcoin12]

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

Depends if you are holding a lots of bitcoin and it takes a long time before you can get the hug profit, unlike you are investing in trading that you can make a good profit if you are invest in ICO's but depends if what altcoin you choose always research first so that you can lose in the future..

[dustboy]

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

It wont be profitable if you hold it for so long time while in fact you can use it to get more profit by trading instead of just holding it. i.e you hold 10bitcoin now (bought it with rate $640) means you have spent $6,4k then you hold it lets say till the price up to$1000 each but you need to wait around 5years to reach.
Lets calculate it : your profit after 5 years = $260 x 10 = $2600 for 5 years. It is only around $44/month. I think it is not worth enough because with 10btc you may earn more than $44/month by trading.

[bestluck]

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

Depends if you are holding a lots of bitcoin and it takes a long time before you can get the hug profit, unlike you are investing in trading that you can make a good profit if you are invest in ICO's but depends if what altcoin you choose always research first so that you can lose in the future..

But nowadays due to a lot of scam ICOs I will say that it is better to not to invest in any other place but have to keep these bitcoins for longer and to wait for the price of bitcoin to increase in value that is the best investment and a way of profit.

[goldcoinminer]

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

Depends if you are holding a lots of bitcoin and it takes a long time before you can get the hug profit, unlike you are investing in trading that you can make a good profit if you are invest in ICO's but depends if what altcoin you choose always research first so that you can lose in the future..

But nowadays due to a lot of scam ICOs I will say that it is better to not to invest in any other place but have to keep these bitcoins for longer and to wait for the price of bitcoin to increase in value that is the best investment and a way of profit.

You can easily spot scam ICOs, you have to be very cautious with your investment. One way to determine is to invest only in a high volume project and in that way developers will not easily scam you as they believe they can make more money in the future when the project increase.

[clickerz]

You can easily spot scam ICOs, you have to be very cautious with your investment. One way to determine is to invest only in a high volume project and in that way developers will not easily scam you as they believe they can make more money in the future when the project increase.

Meaning ICO whos back up investors are known or trustworthy already because of successful projects they launch before.Community support is also a good factor to determine, if there are people supporting it, it has great potential to succeed.

In question that holding bitcoin to make money, its ok for me as long as you have spare money to spend. As what I have observed that it needs more time the value to appreciate and sometimes unstable.

[freedomgo]

You can easily spot scam ICOs, you have to be very cautious with your investment. One way to determine is to invest only in a high volume project and in that way developers will not easily scam you as they believe they can make more money in the future when the project increase.

Meaning ICO whos back up investors are known or trustworthy already because of successful projects they launch before.Community support is also a good factor to determine, if there are people supporting it, it has great potential to succeed.

In question that holding bitcoin to make money, its ok for me as long as you have spare money to spend. As what I have observed that it needs more time the value to appreciate and sometimes unstable.

Investing in ICO gives you a good chance to make a profit if you can invest in a legitimate projects, in LISK ICOI I have participated and I was so happy that I was able to make a decent income in my investment as after the ICO, a good price as available, that is the last time I made money in ICO and the risk of them is not yet an active profit.

[maydna]

You can easily spot scam ICOs, you have to be very cautious with your investment. One way to determine is to invest only in a high volume project and in that way developers will not easily scam you as they believe they can make more money in the future when the project increase.

Meaning ICO whos back up investors are known or trustworthy already because of successful projects they launch before.Community support is also a good factor to determine, if there are people supporting it, it has great potential to succeed.

In question that holding bitcoin to make money, its ok for me as long as you have spare money to spend. As what I have observed that it needs more time the value to appreciate and sometimes unstable.

Investing in ICO gives you a good chance to make a profit if you can invest in a legitimate projects, in LISK ICOI I have participated and I was so happy that I was able to make a decent income in my investment as after the ICO, a good price as available, that is the last time I made money in ICO and the risk of them is not yet an active profit.

i think for holding bitcoin a long time is depend on what you purpose when you buys bitcoin, if you only want to make bitcoin as an investment and not doing anything, then its a good idea for you to hold it. but if you want to make bitcoin to be trade in the market and you want to increase the amount of your bitcoin, then its a good too because if you trade it, you can grow your bitcoin.

[lucki777]

yes if you hold a good amount of bitcoin for a long time then it is really be a good decision,

[randy8777]

don't same bitcoin in investment another platform gold or house
is gold is good investment is long time over 10 year
bitcoin is very bad is investment over 10 year

well, take a look at the 10 year gold charts. gold has gone up 112.5% in a matter of 10 years. it doesn't mean it will happen again of course, but investing in gold for 10 years and getting a return of just over 110% is not really promising. if bitcoin lives up to all its realistic expectations, then you'll be rewarded with a huge return. it will be beyond what gold will offer you.

From the past performance, it seems that the bitcoin is much better than the gold. The bitcoin will grow even faster.

Bitcoin is indeed much more rewarding than Gold, but the risks are also much greater. In order to benefit from the volatile nature of Bitcoin, you have to understand what the risks are, and know how to read the market in order to benefit to the most from whatever state the market is in at that time.

understanding risks is what people with brains can. but the majority of the people here just blindly invest their money in the hope the price goes up. and we all know that with hope you can't buy anything. you have to rely on your experience when it comes to investments. if people invest without researching the investment they are interested in, then they are gamblers.

[Aceanyth]

Holding bitcoins for allong time is not really profitable because i know that bitcoins are not made for holding they are madefor investings and that is
the thing you have to do with it.

[Fatamorgana]

Holding Bitcoin can be both a good way and a bad way of making money. If you are going to hold Bitcoins, you are expecting the Bitcoin price to rise over the money you bought at. This would prove to be a bad investment if you bought at the peak if it doesn't recover in the future.

[safari88]

Holding bitcoins for allong time is not really profitable because i know that bitcoins are not made for holding they are madefor investings and that is
the thing you have to do with it.

I once read a story someone becomes rich with bitcoin. When in 2010 in which the price of the bitcoin is very low, he bought some of the bitcoin and save in the wallet. When in the year 2013 the price increase until it reaches $1000, he recalled that he once bought some bitcoin. so I am sure, hold bitcoin for long term it's very good. because bitcoin still has a great potential for price increases in the future. but it all depends on the amount, because the current price is quite expensive, compared to the year 2010 is still very cheap.

[torrentheaven]

Holding bitcoins for allong time is not really profitable because i know that bitcoins are not made for holding they are madefor investings and that is
the thing you have to do with it.

I once read a story someone becomes rich with bitcoin. When in 2010 in which the price of the bitcoin is very low, he bought some of the bitcoin and save in the wallet. When in the year 2013 the price increase until it reaches $1000, he recalled that he once bought some bitcoin. so I am sure, hold bitcoin for long term it's very good. because bitcoin still has a great potential for price increases in the future. but it all depends on the amount, because the current price is quite expensive, compared to the year 2010 is still very cheap.

Yeah and holding can give you profits only if you have higher volume of coins as we cannot expect that price will rise as it went high in the past, so if you want to make good profits with  holding then make sure you have enough coins.

[bamboylee]

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

Maybe holding bitcoin for a long time will be profitable. It can give you x2 profit. But because bitcoin have a very volatile nature, the price goes up and down very often. I think taking advantage of those moments is more profitable than just holding your coins for a long time.

[StoreBit]

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

but i think it depend on the number of bitcoin that  how much bitcoin you are holding, if you are holding a good amount of bitcoin then it is ok you can get a good profit but if you are holding justa few number of bitcoin then you cannot make good profit even you hold it for a long time.