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

[trickshot22]

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.

it don't guarantee profit,  but if you will keep it long enough you will still make profit some day as i am sure that price of bitcoins will rise i near future, so it's nice way to earn

[Victorycoin]

While other means of gaining bitcoin like investing in gambling sites might appeal to us as being rewarding and quick, buying and holding bitcoin (cryptocurrencies) stands out as the most effective way to make for making money out of the coins. Buying and holding puts the owner of coins in total control of his/her coins, unlike what obtains when they invests with a company and in turn live at the mercy of owner of site. As for whether the price of bitcoin would raise, it was structured to be a scare commodity, so it can be expected that its price would never stay low for any long while.

[BlackPanda]

if we could set the momentum of time to sell and buy, then we can take advantage.
when we are wrong to predict that we will lose some of the money we have.

[PokerFace3]

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.

You are right too, we can play with our coins here and there with some valuable alt coins and increase them in quantity and later when the price increase you would benefit even more. But, this is possible if for those who know how to make profit, else a noob might loose all.

[Natlind]

Yes. Now the price is moving from $630 to $640. Seeing a growth in btc once in two days. As predicted, i am sure this would go more than $700 at the end of October or in November. All who saved till now would see a good profit now. I am saving the money earned to see bit more profit. I am planning to buy some more btc as well.

[Osarman]

Yes. Now the price is moving from $630 to $640. Seeing a growth in btc once in two days. As predicted, i am sure this would go more than $700 at the end of October or in November. All who saved till now would see a good profit now. I am saving the money earned to see bit more profit. I am planning to buy some more btc as well.

i agree with you that price of bitcoin is really going to increase too much faster day to day so its right time to buy bitcoin and then hold it for few months and if we hold our bitcoin in present time then i hope we will be get a good profit from bitcoin in the future .

[Chennai]

Wish that the bitcoins will live for ever. Now days, people have been made aware of bitcoins and its benefits worldwide. When you experience more benefits without investing, will you not love or concentrate on it? Certainly, every one would be focusing on how to utilize the benefits. So lets wish that the bitcoin live for ever and many get benefits out of it.

[mishra1994u]

Wish that the bitcoins will live for ever. Now days, people have been made aware of bitcoins and its benefits worldwide. When you experience more benefits without investing, will you not love or concentrate on it? Certainly, every one would be focusing on how to utilize the benefits. So lets wish that the bitcoin live for ever and many get benefits out of it.

Yes we all wish and hope that bitcoin lasts forever,and i believe holding bitcoins will result in getting some profit in the future but that would make me very comfortable for long time and it is risky for me so i would not go for it.

[wuvdoll]

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.

The best time was when it was 100-200$ around but yeah who knows in coming years what price bitcoins reaches so its better to save some bitcoins, which I personally have also done, than to regret later thinking why I did not stock. Basically bitcoin was designed to have huge prices in future with the feature of halving. So, we must make use of it by saving it.

[BitHodler]

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.

The best time was when it was 100-200$ around but yeah who knows in coming years what price bitcoins reaches so its better to save some bitcoins, which I personally have also done, than to regret later thinking why I did not stock. Basically bitcoin was designed to have huge prices in future with the feature of halving. So, we must make use of it by saving it.

If you go back that far in time, then you could even say that buying at $10-$50 levels was probably the best of the best for semi-early birds.

But realistically speaking, in recent times where you can go back to 2015, it would have been a great shot if you bought your coins between $220-$300 as the price was stuck between these levels for so long.

It gave people enough time to buy themselves plenty of coins. But even then people were questioning and doubting whether or not the price would fall below sub $200 levels again.

Just look at where we are right now. More than doubling your money in just one year is what people's motivation should be when buying at low levels.

[mirakal]

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.

The best time was when it was 100-200$ around but yeah who knows in coming years what price bitcoins reaches so its better to save some bitcoins, which I personally have also done, than to regret later thinking why I did not stock. Basically bitcoin was designed to have huge prices in future with the feature of halving. So, we must make use of it by saving it.

There's no need to still think of the past because we are in the present, still we can make profits with the current price if we will trust the future of bitcoin. Buying now and holding it for at least 10 years would give us a good chance to double our money and that is only a conservative estimate since the price of bitcoin has doubled this year alone.

[JITENDERPAR3]

when you are thinking to made a better and bulk profit by holding btc then i will suggest you buy btc when the price of bitcoin is at very low price .
we can take tge example of this year where we found tge price was about $300/btc but now it is $600 + so made buy inly when the price are at very low stage of price .

[ontrackk]

I don't think that it is good way, actually it is pretty bad way to earn more as sometimes price will fall down only or will stay at same price so it is hard to earn from that

[freedomgo]

I don't think that it is good way, actually it is pretty bad way to earn more as sometimes price will fall down only or will stay at same price so it is hard to earn from that

That depends on our interest as there are no questions that holding bitcoin in a longer period of time will give you more risk but a bigger reward, so probably it depends on a certain investor if he is willing to take the risk for holding his bitcoins longer, me I hold so I am a risk taker.

[Dora Doll]

Yes. Now the price is moving from $630 to $640. Seeing a growth in btc once in two days. As predicted, i am sure this would go more than $700 at the end of October or in November. All who saved till now would see a good profit now. I am saving the money earned to see bit more profit. I am planning to buy some more btc as well.

i agree with you that price of bitcoin is really going to increase too much faster day to day so its right time to buy bitcoin and then hold it for few months and if we hold our bitcoin in present time then i hope we will be get a good profit from bitcoin in the future .

if the price is really going to to increase the you should really wait for the time when its price reach to some high level. but some people cannot wait for such a long time and they always interested in short tern investment, they have their own mentality and such people mostly like to invest their money in gambling and from there they get good profit in a very very short time.

[dothebeats]

Depends on the price point that you bought in, actually. If, say for example, at the end of a year you only gain $50 out of your investment or holdings, then definitely you shouldn't have kept those coins in your stash but instead just use those as your capital into trading or something else. My indication of a good time to buy and wait is when everyone else is selling and you're the only one left believing that bitcoin could still do it.

[stadus]

Depends on the price point that you bought in, actually. If, say for example, at the end of a year you only gain $50 out of your investment or holdings, then definitely you shouldn't have kept those coins in your stash but instead just use those as your capital into trading or something else. My indication of a good time to buy and wait is when everyone else is selling and you're the only one left believing that bitcoin could still do it.

Actually as long as you can make profit that is a good sign dude, but talking of $50 means you are only putting a little investment. Basically, if you want higher income then it is just necessary also to put a decent investment as in my honest opinion, a long term investment will require a decent capital so we will not waste our time in case our investment will grow.

[Natlind]

Holding the btc for a long time has its value. Whenever the btc is exchanged to fiats, it has its value. Only the profit would differ. I will to save the bitcoins I earn now as the price started growing up and it would still go high in the future, probably at the end of 2016. Hope to have a good hike in price in 2017.So save as much as possible to gain a profit to what you have saved.

[Caladonian]

Holding the btc for a long time has its value. Whenever the btc is exchanged to fiats, it has its value. Only the profit would differ. I will to save the bitcoins I earn now as the price started growing up and it would still go high in the future, probably at the end of 2016. Hope to have a good hike in price in 2017.So save as much as possible to gain a profit to what you have saved.

that is right just keep holding and buying if the price fall down it will be bigger in coming days maybe next year or before this year end.

[KingdomHearts]

Holding the btc for a long time has its value. Whenever the btc is exchanged to fiats, it has its value. Only the profit would differ. I will to save the bitcoins I earn now as the price started growing up and it would still go high in the future, probably at the end of 2016. Hope to have a good hike in price in 2017.So save as much as possible to gain a profit to what you have saved.

that is right just keep holding and buying if the price fall down it will be bigger in coming days maybe next year or before this year end.

i agree with you that its right time to hold your bitcoin for the near future because there a lot of people know that bitcoin will be more increasing its price too much faster and they buying bitcoin and then holding it for the next year or long time holding.