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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368847 times)
goldcoinminer
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October 21, 2016, 03:02:50 AM
 #1301

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
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
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October 21, 2016, 04:37:56 AM
 #1302

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
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

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October 21, 2016, 06:25:48 AM
 #1303

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
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

Holding never guarantees us the profits as price can even go down in future, so the best way to make regular profits is by putting those coins in trading to multiply our coins in long run.

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October 21, 2016, 07:05:25 AM
 #1304

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
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

Holding never guarantees us the profits as price can even go down in future, so the best way to make regular profits is by putting those coins in trading to multiply our coins in long run.

People who wants to play safe will always prefer to hold their coins without doing any experiment with it and they would be satisfied even if they are making lower profits.
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October 21, 2016, 07:12:47 AM
 #1305

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.
Yes you can make big profits with it,some peoples already did who started mining or buying bitcoins in early days and holding them.But that kind of increase i dont expect again,but it will go up than what it is now thats pretty sure,but this way of making money i will consider a bit risky.
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October 21, 2016, 07:43:56 AM
 #1306

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.
Yes you can make big profits with it,some peoples already did who started mining or buying bitcoins in early days and holding them.But that kind of increase i dont expect again,but it will go up than what it is now thats pretty sure,but this way of making money i will consider a bit risky.
That was in the early days and they are making good profits because bitcoin that time was cheap but, now we believe that the price of bitcoin is a little bit expensive already but it will not worry you if you believe that price will significantly increase in the future.

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October 21, 2016, 08:06:11 AM
 #1307

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.
Yes you can make big profits with it,some peoples already did who started mining or buying bitcoins in early days and holding them.But that kind of increase i dont expect again,but it will go up than what it is now thats pretty sure,but this way of making money i will consider a bit risky.
That was in the early days and they are making good profits because bitcoin that time was cheap but, now we believe that the price of bitcoin is a little bit expensive already but it will not worry you if you believe that price will significantly increase in the future.

But it is still not late if we are going to get good amount of bitcoins as we hold for sure we are still going to get good profit out of it. And right now
the price of bitcoin is ranging $620-$640 so I would say if you wanted to get good profit then you can just buy a single bitcoin today and wait for it to increase for sure you are going to get good profit.

You cannot expect to make huge profits by holding only 1 btc, as price won't go in millions in coming years which can make you millionaire only by 1 btc if you want to make profits with  only holding then you need to have huge amount of coins in your wallet.
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October 21, 2016, 08:15:08 AM
 #1308

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.
Yes you can make big profits with it,some peoples already did who started mining or buying bitcoins in early days and holding them.But that kind of increase i dont expect again,but it will go up than what it is now thats pretty sure,but this way of making money i will consider a bit risky.
That was in the early days and they are making good profits because bitcoin that time was cheap but, now we believe that the price of bitcoin is a little bit expensive already but it will not worry you if you believe that price will significantly increase in the future.

But it is still not late if we are going to get good amount of bitcoins as we hold for sure we are still going to get good profit out of it. And right now
the price of bitcoin is ranging $620-$640 so I would say if you wanted to get good profit then you can just buy a single bitcoin today and wait for it to increase for sure you are going to get good profit.

You cannot expect to make huge profits by holding only 1 btc, as price won't go in millions in coming years which can make you millionaire only by 1 btc if you want to make profits with  only holding then you need to have huge amount of coins in your wallet.
1 BTC is completely a waste of money and time, we should not let this opportunity pass away as we are still in the early phase of bitcoin and with that we can expect more growth on the value of bitcoin which will make us successful with our investment.
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October 21, 2016, 08:42:08 AM
 #1309

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
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

Holding never guarantees us the profits as price can even go down in future, so the best way to make regular profits is by putting those coins in trading to multiply our coins in long run.

People who wants to play safe will always prefer to hold their coins without doing any experiment with it and they would be satisfied even if they are making lower profits.
Holding is no guarantee to success.It is not necessary that bitcoin price will go up.New crypto or a better tech may either completely replace bitcoin or reduce its value.It is better to invest and save 
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October 21, 2016, 09:39:32 AM
 #1310

Instead of holding Bitcoins, it can be traded against Altcoins.When we get good profits in Altcoins, it can be reinvested in Bitcoins.
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October 21, 2016, 10:08:10 AM
 #1311

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.

if you do not have a large amount instantly, you can invest small amounts regularly into bitcoin. There are benefits of doing that. One is  you are getting advantage of average cost when you invest on a regular schedule. and your investment is slowly growing and not too much of a burden on your wallet.
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October 21, 2016, 10:10:09 AM
 #1312

Instead of holding Bitcoins, it can be traded against Altcoins.When we get good profits in Altcoins, it can be reinvested in Bitcoins.
while you are in the alt trade for sure earnings can be converted to btc and the more you have the more you will gain btc and in time that btc really rises so high you can convert it into a local money and enjoy.
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October 21, 2016, 10:11:05 AM
 #1313

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
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

Holding never guarantees us the profits as price can even go down in future, so the best way to make regular profits is by putting those coins in trading to multiply our coins in long run.

People who wants to play safe will always prefer to hold their coins without doing any experiment with it and they would be satisfied even if they are making lower profits.
Holding is no guarantee to success.It is not necessary that bitcoin price will go up.New crypto or a better tech may either completely replace bitcoin or reduce its value.It is better to invest and save 

What is the difference  between saving and holding? both are the same in their own sense as you are not using them anywhere and keeping them idle in wallet and waiting for the price to rise.
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October 21, 2016, 04:00:11 PM
 #1314

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.
Well, rather than gambling or loosing them in any other way since you have no other option, I consider stocking of bitcoins as one of the best and prime methods to earn.
And we cannot determine the worth of bitcoins man, maybe if you save 10 BTC today or even 0.01 then you can profit 100 times later on. We know how flexible BTC is.
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October 21, 2016, 06:57:51 PM
 #1315

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
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

Holding never guarantees us the profits as price can even go down in future, so the best way to make regular profits is by putting those coins in trading to multiply our coins in long run.

You are right but I think that with long term holding there is still more profit than with short terms because they are just most of the times with little process profits..
I do not want to make low profits I want to make some nice amounts, we all want that right ?
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October 21, 2016, 07:50:46 PM
 #1316

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.
I am certainly sure the price will get doubled or tripled in coming years but yes thinking about 10 times of its initial price is a bit too much of ask. When bitcoins were new they took a rapid growth but now they are known to many and hence such 100 or 50 times increase in value s not really possible soon.
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October 22, 2016, 04:08:54 AM
 #1317

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.
Yes and I think considering the fact that there are hardly any legit and trusted websites that pay good interest left in market, I think the best way is to stock your bitcoins, fix a price in mind which once reached you will sell and just that's it, one thing we all surely know is bitcoins price will increase so make use of it.
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October 22, 2016, 10:49:09 AM
 #1318

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.
Yes and I think considering the fact that there are hardly any legit and trusted websites that pay good interest left in market, I think the best way is to stock your bitcoins, fix a price in mind which once reached you will sell and just that's it, one thing we all surely know is bitcoins price will increase so make use of it.
How are you so sure that the price will increase? Is there a particular reason for that?

If that's really the case in your believing, then why don't you start with scooping up as many coins as possible at current rates?

Believe me, there are zero guarantees when it comes to Bitcoin. Where it might look like the price is about to explode, it tricks you, and as result the price starts to tank heavily.

I have seen it happen too often in my time here to take things for granted. It only leads to disappointments.


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October 22, 2016, 10:56:27 AM
 #1319

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.
Yes and I think considering the fact that there are hardly any legit and trusted websites that pay good interest left in market, I think the best way is to stock your bitcoins, fix a price in mind which once reached you will sell and just that's it, one thing we all surely know is bitcoins price will increase so make use of it.

well it is better to hold your bitcoin than investing your money to a site! Because right now only few! and rare that you can earn interest from it because it will turn to scam! Holding is nice but trading is better because taking risk can earn you a big profit from it. Try trading so that your bitcoin will be bored in your wallet. Cheesy
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October 22, 2016, 11:08:55 AM
 #1320

For me, holding Bitcoin for a long time is a good way, but i think i depends upon the value of the Bitcoin. But still I think its a good thing because as far as i know its value is going up.

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