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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368846 times)
PokerFace3
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October 18, 2016, 07:31:36 PM
 #1281

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.
But it depends. If bitcoin will be getting very huge levels of value appreciation, holding less than one bitcoin also will be making a bitcoiner into a millionaire. Yes, some people are speculating about bitcoin prices to reach more than 1 million also. Anything is possible with bitcoin and for bitcoin prices, being a bitcoiner always believing to them as it is soothing me somewhat.
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Adrorecia
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October 19, 2016, 01:14:58 AM
 #1282

Yes you can make a lot of money with the bitcoin and the fact is also that long terms are very good for yourself too.
Its very nice to do and its profitable too and you have to do nothing.
carlfebz2
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October 19, 2016, 04:16:23 AM
 #1283

Yes you can make a lot of money with the bitcoin and the fact is also that long terms are very good for yourself too.
Its very nice to do and its profitable too and you have to do nothing.

If you  do  possess  huge amounts of  bitcoin  then  holding would   be good idea too because you would surely  made  profits on  future  but if you are  just  holding small amounts then its better to invest  those  up  in able to grow rather  just  holding it. Seeing profits on  short terms  are the best  too.
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October 19, 2016, 07:24:53 AM
 #1284

Yes you can make a lot of money with the bitcoin and the fact is also that long terms are very good for yourself too.
Its very nice to do and its profitable too and you have to do nothing.

If you  do  possess  huge amounts of  bitcoin  then  holding would   be good idea too because you would surely  made  profits on  future  but if you are  just  holding small amounts then its better to invest  those  up  in able to grow rather  just  holding it. Seeing profits on  short terms  are the best  too.
yes in fact investing in bitcoin with a little amount of money is not a wise decision as it cannot give you a good profit even after a long time, therefore to me the if you really interested in long term investment then you should try to invest a good amount of bitcoin.
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October 19, 2016, 07:29:23 AM
 #1285

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.

Yeah, we cannot expect what have happened last several years will repeat in the future, maybe bitcoin price won't increase 10x (but who knows?), even the price is double or triple, that very good already as an investment.

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October 19, 2016, 09:29:04 PM
Last edit: October 20, 2016, 05:10:24 AM by Superbitzz
 #1286

Yes you can make a lot of money with the bitcoin and the fact is also that long terms are very good for yourself too.
Its very nice to do and its profitable too and you have to do nothing.

If you  do  possess  huge amounts of  bitcoin  then  holding would   be good idea too because you would surely  made  profits on  future  but if you are  just  holding small amounts then its better to invest  those  up  in able to grow rather  just  holding it. Seeing profits on  short terms  are the best  too.
yes in fact investing in bitcoin with a little amount of money is not a wise decision as it cannot give you a good profit even after a long time, therefore to me the if you really interested in long term investment then you should try to invest a good amount of bitcoin.
yes there is no doubt about this, but it also depend on the amount you are going to hold, that how much bitcoin you are going to hold, if you are investing a good amount of bitcoin for a long time then it will certainly give you a good profit.
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October 19, 2016, 09:59:46 PM
 #1287

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.

Yeah, we cannot expect what have happened last several years will repeat in the future, maybe bitcoin price won't increase 10x (but who knows?), even the price is double or triple, that very good already as an investment.

No one knows what bitcoin holds for us in future, either it can reach the moon or fall back to zero level, so its always good to sell them when you are making profits from it instead of holding it too long.
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October 19, 2016, 10:32:01 PM
 #1288

Presently bitcoin is having a market capitalization in excess of $10 billion and that's a pointer to the fact that the awareness and embrace of bitcoin is increasing like wild fire. From that, it would be safe to conclude that bitcoin trading has good enough liquidity and that is one of the factors that attracts investors and speculators to an asset. By and large, that portends that the volatility of bitcoin would be high enough for those who buy low and hold, to sell at higher prices and those who sell at high prices to later buy at lower prices.
carlfebz2
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October 20, 2016, 02:48:16 AM
 #1289

Yes you can make a lot of money with the bitcoin and the fact is also that long terms are very good for yourself too.
Its very nice to do and its profitable too and you have to do nothing.

If you  do  possess  huge amounts of  bitcoin  then  holding would   be good idea too because you would surely  made  profits on  future  but if you are  just  holding small amounts then its better to invest  those  up  in able to grow rather  just  holding it. Seeing profits on  short terms  are the best  too.
yes in fact investing in bitcoin with a little amount of money is not a wise decision as it cannot give you a good profit even after a long time, therefore to me the if you really interested in long term investment then you should try to invest a good amount of bitcoin.

Investing  lots of bitcoin for  long term  purposes  would really  pay the price  of  the waiting  time  that youve made compare on  just  holding a little amount , its not worth for the wait .  As  i mentioned earlier better  to hold  huge amount so that you could able  to feel the profit.
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October 20, 2016, 04:06:41 AM
 #1290

Presently bitcoin is having a market capitalization in excess of $10 billion and that's a pointer to the fact that the awareness and embrace of bitcoin is increasing like wild fire. From that, it would be safe to conclude that bitcoin trading has good enough liquidity and that is one of the factors that attracts investors and speculators to an asset. By and large, that portends that the volatility of bitcoin would be high enough for those who buy low and hold, to sell at higher prices and those who sell at high prices to later buy at lower prices.

To be honest, I don't find much liquidity in current exchanges that satisfies institutional traders. Relatively large dumps are still able to cause a huge red candle where the price can go down like $50 in just a second. That's not really what I consider to be liquidity.
BitsandBites
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October 20, 2016, 05:16:46 AM
 #1291

You can make a lot of profit with holding the bitcoin for a pretty long time and I think that if you would do it now you can make big bucks because its going up more and more from now on.
PokerFace3
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October 20, 2016, 07:13:38 AM
 #1292

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.
Of course, bitcoin is very volatile and the understanding of the market trend also matters, but it should be clearly understood that holding bitcoin for very long time may not be a good strategy to make profit. The best strategy is to buy it when it is low and sell it immediately as the prices goes higher. Repeating this strategy for many times will make lots of profits if you maitain it for long time.
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October 20, 2016, 12:03:52 PM
 #1293

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.
Of course, bitcoin is very volatile and the understanding of the market trend also matters, but it should be clearly understood that holding bitcoin for very long time may not be a good strategy to make profit. The best strategy is to buy it when it is low and sell it immediately as the prices goes higher. Repeating this strategy for many times will make lots of profits if you maitain it for long time.

That's right holding them for a long time is a boring way to make profits as we never know when price will go on the top that can give us best profits, its better to keep on buying and selling them in short term.
JumperX
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October 20, 2016, 04:28:01 PM
 #1294

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.
Of course, bitcoin is very volatile and the understanding of the market trend also matters, but it should be clearly understood that holding bitcoin for very long time may not be a good strategy to make profit. The best strategy is to buy it when it is low and sell it immediately as the prices goes higher. Repeating this strategy for many times will make lots of profits if you maitain it for long time.

That's right holding them for a long time is a boring way to make profits as we never know when price will go on the top that can give us best profits, its better to keep on buying and selling them in short term.
Yeah holding is not the best way to make profits as if price crashes in future then your holding will go in vain and you need to wait for a loner duration for price to go higher to make profits from it.
fkvidar
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October 20, 2016, 05:13:44 PM
 #1295

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.
Of course, bitcoin is very volatile and the understanding of the market trend also matters, but it should be clearly understood that holding bitcoin for very long time may not be a good strategy to make profit. The best strategy is to buy it when it is low and sell it immediately as the prices goes higher. Repeating this strategy for many times will make lots of profits if you maitain it for long time.

That's right holding them for a long time is a boring way to make profits as we never know when price will go on the top that can give us best profits, its better to keep on buying and selling them in short term.
Yeah holding is not the best way to make profits as if price crashes in future then your holding will go in vain and you need to wait for a loner duration for price to go higher to make profits from it.

Yup and to make profits from it I think we should trade them in short term and be satisfied with small but regular profits as there is no guarantee that holding will give you good profits in future.
greBit
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October 20, 2016, 06:02:28 PM
 #1296

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.
Of course, bitcoin is very volatile and the understanding of the market trend also matters, but it should be clearly understood that holding bitcoin for very long time may not be a good strategy to make profit. The best strategy is to buy it when it is low and sell it immediately as the prices goes higher. Repeating this strategy for many times will make lots of profits if you maitain it for long time.

That's right holding them for a long time is a boring way to make profits as we never know when price will go on the top that can give us best profits, its better to keep on buying and selling them in short term.
Yeah holding is not the best way to make profits as if price crashes in future then your holding will go in vain and you need to wait for a loner duration for price to go higher to make profits from it.

Yup and to make profits from it I think we should trade them in short term and be satisfied with small but regular profits as there is no guarantee that holding will give you good profits in future.

People who don't have knowledge of trading will never prefer to take risk of putting their money into trading, instead they will prefer to go for safe method by holding them for future.
Doamader
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October 20, 2016, 09:51:51 PM
 #1297

Some person has bought bitcoins at the rates of the 400 dollars, he had stored into some pen driver wallet, he said has no intentions to get those coins soo soon, looks like he will be saving their bitcoins for the future. Sure bitcoins has a risk around it but the last 3 years showed that those who saved bitcoins were able to earn and double or more their investments.
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October 20, 2016, 10:23:59 PM
 #1298

Some person has bought bitcoins at the rates of the 400 dollars, he had stored into some pen driver wallet, he said has no intentions to get those coins soo soon, looks like he will be saving their bitcoins for the future. Sure bitcoins has a risk around it but the last 3 years showed that those who saved bitcoins were able to earn and double or more their investments.

Not all have that high patience to hold their coins for such a long duration, people who can afford to take risk will surely go for trading and try to grow their coins on regular basis to get quick profits.
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October 20, 2016, 11:04:50 PM
 #1299

Some person has bought bitcoins at the rates of the 400 dollars, he had stored into some pen driver wallet, he said has no intentions to get those coins soo soon, looks like he will be saving their bitcoins for the future. Sure bitcoins has a risk around it but the last 3 years showed that those who saved bitcoins were able to earn and double or more their investments.

if he think that is the safe way to holding bitcoin then we can let him to do that. its true holding bitcoin can make money, but rather than to hold to long, i will use half or quarter of my bitcoin to go trading so i can make my bitcoin to grow.
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October 21, 2016, 12:52:04 AM
 #1300

it is not the best way to make money, but I think it is the best way to make money without excessive risk. risks that should you encounter is when the price of bitcoin down, because only at that moment that you have less money. Well, perhaps the best way to make money is by trading, but it has a big risk
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