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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368852 times)
izlevinv
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November 02, 2016, 08:03:08 AM
 #1381

After seeing last 2 / 3 days price of bitcoin raising who ever have gone for holding bitcoins in wallet will never regret now, as the price will increase more and bitcoin is itself considered as a investment option.
already end, the pumping trend are gone, this time for keeping your amount again and totally I was believed the trend of bitcoin pumping are coming in some weeks later. for you know this is the best timing for investing, bitcoin strong and choose your favourite alt and if alt get a strong and buy your bitcoin.

I don't know if BTC price will increase very fast in a short time period again soon, but hold bitcoins is still a good deal. Sooner or later the price will rise again, as we are seeing since this currency was created. In my opinion it's a good way to earn money and safe also.
Yeah, it is good way to make money but at times keeping the bitcoin for very long time might not be a good ea, instead you buy at available lower price and sell it at possible higher price and keeping repeating the process for long haul, you will see your money grow like never before. For doing so, you never need to be a perfect trader, passive participation in trading is more than enough.

If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too.
senyorito123
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November 02, 2016, 08:30:06 AM
 #1382

After seeing last 2 / 3 days price of bitcoin raising who ever have gone for holding bitcoins in wallet will never regret now, as the price will increase more and bitcoin is itself considered as a investment option.
already end, the pumping trend are gone, this time for keeping your amount again and totally I was believed the trend of bitcoin pumping are coming in some weeks later. for you know this is the best timing for investing, bitcoin strong and choose your favourite alt and if alt get a strong and buy your bitcoin.

I don't know if BTC price will increase very fast in a short time period again soon, but hold bitcoins is still a good deal. Sooner or later the price will rise again, as we are seeing since this currency was created. In my opinion it's a good way to earn money and safe also.
Yeah, it is good way to make money but at times keeping the bitcoin for very long time might not be a good ea, instead you buy at available lower price and sell it at possible higher price and keeping repeating the process for long haul, you will see your money grow like never before. For doing so, you never need to be a perfect trader, passive participation in trading is more than enough.

If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too.

Well the fact is you can still earn some profits since your money is being multiplied by just holding your coin for certain matters although its small but its good enough since your not doing anything to make it grow, we can't dictate people on how much they want to hold since not all of people stakings bitcoin here are rich enough to buy huge volumes of bitcoins, and maybe others are doing some test hold to see if they can get some little profit by this doing.


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to1ga
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November 02, 2016, 08:33:49 AM
 #1383

After seeing last 2 / 3 days price of bitcoin raising who ever have gone for holding bitcoins in wallet will never regret now, as the price will increase more and bitcoin is itself considered as a investment option.
already end, the pumping trend are gone, this time for keeping your amount again and totally I was believed the trend of bitcoin pumping are coming in some weeks later. for you know this is the best timing for investing, bitcoin strong and choose your favourite alt and if alt get a strong and buy your bitcoin.

I don't know if BTC price will increase very fast in a short time period again soon, but hold bitcoins is still a good deal. Sooner or later the price will rise again, as we are seeing since this currency was created. In my opinion it's a good way to earn money and safe also.
Yeah, it is good way to make money but at times keeping the bitcoin for very long time might not be a good ea, instead you buy at available lower price and sell it at possible higher price and keeping repeating the process for long haul, you will see your money grow like never before. For doing so, you never need to be a perfect trader, passive participation in trading is more than enough.

If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too.

Well the fact is you can still earn some profits since your money is being multiplied by just holding your coin for certain matters although its small but its good enough since your not doing anything to make it grow, we can't dictate people on how much they want to hold since not all of people stakings bitcoin here are rich enough to buy huge volumes of bitcoins, and maybe others are doing some test hold to see if they can get some little profit by this doing.

Holding is the safest way to make profits in long run, holding can be only risky if price drops in the future but looking at the development of bitcoins I don't think that price will fall so if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.

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1Referee
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November 02, 2016, 08:49:31 AM
 #1384

Holding is the safest way to make profits in long run

With this I strongly agree. There is no need for people to keep looking for ways to invest their coins in return of a certain profit, which also requires you to give out control over your coins. Some people still don't seem to understand it, but holding Bitcoin is already an investment.

holding can be only risky if price drops in the future

To you it may seem like so, but as long as you don't sell any of your coins at a price lower than where you bought them at, you don't lose anything.

if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.

No matter how many times people get told to stop investing in certain sites and services, they will continue doing so as their greed is always stronger than their common sense ability. These people will learn it eventually, but it will be a costly lesson for sure.

Wolf_Pack
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November 02, 2016, 08:54:48 AM
 #1385

Holding is the safest way to make profits in long run

With this I strongly agree. There is no need for people to keep looking for ways to invest their coins in return of a certain profit, which also requires you to give out control over your coins. Some people still don't seem to understand it, but holding Bitcoin is already an investment.

holding can be only risky if price drops in the future

To you it may seem like so, but as long as you don't sell any of your coins at a price lower than where you bought them at, you don't lose anything.

if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.

No matter how many times people get told to stop investing in certain sites and services, they will continue doing so as their greed is always stronger than their common sense ability. These people will learn it eventually, but it will be a costly lesson for sure.



Everyone wants to earn quick money without working hard or making any efforts and they invest their money in those scam sites hoping that it will bring quick profits for them but at the end of the day they realize that they have been scammed and lost their money into it so they should treat it as an learning experience and make sure that they don't repeat the same mistake again in future.


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mirakal
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November 02, 2016, 09:07:29 AM
 #1386

Holding is the safest way to make profits in long run

With this I strongly agree. There is no need for people to keep looking for ways to invest their coins in return of a certain profit, which also requires you to give out control over your coins. Some people still don't seem to understand it, but holding Bitcoin is already an investment.

holding can be only risky if price drops in the future

To you it may seem like so, but as long as you don't sell any of your coins at a price lower than where you bought them at, you don't lose anything.

if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.

No matter how many times people get told to stop investing in certain sites and services, they will continue doing so as their greed is always stronger than their common sense ability. These people will learn it eventually, but it will be a costly lesson for sure.



Everyone wants to earn quick money without working hard or making any efforts and they invest their money in those scam sites hoping that it will bring quick profits for them but at the end of the day they realize that they have been scammed and lost their money into it so they should treat it as an learning experience and make sure that they don't repeat the same mistake again in future.
Quick money means easy and most of the easy investment does not result to a positive way. I would rather invest in legitimate investment even if it will only give me a little income as long as it is consistent and there's no doubt that by holding bitcoin it will give you profit in the future.

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November 02, 2016, 09:23:05 AM
 #1387

I definelety agree this and my long-term goal is only storage bitcoin for future. I never buy any bitcoin with real money but i am thinking about buy it when i fix my money issues. I believe that bitcoin is like gold it will never cause you to lose money in long-term.
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November 02, 2016, 01:41:10 PM
 #1388

I definelety agree this and my long-term goal is only storage bitcoin for future. I never buy any bitcoin with real money but i am thinking about buy it when i fix my money issues. I believe that bitcoin is like gold it will never cause you to lose money in long-term.
That's a good decision, only buy when you feel you can afford to invest with bitcoin. Although we should not let this opportunity to pass but it is not wise to spend the amount of money that we cannot afford to lose as the chances to make profit is only big but it does not guarantee we will make a profit.

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November 02, 2016, 01:48:45 PM
 #1389

Yes, holding bitcoins for long time is good way to make profit. Only one thing is important here, initial investment. The one who invest 10 $ will make profit for couple years, but that profit will be small ( except for people who bought bitcoin 2010, 10 $ worth of bitcoin then is 7 million $ now, there is even a thread about it ). But times has changed, now initial investment needs to be thousands of dollars in order to have good profit for long time holding. Every investment will bring profit as much as investment is big, bitcoin for now has proven to be great way for investing money, I hope that will continue to be in the future also.



.
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[15.00000000 BTC]


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Rainbot
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November 02, 2016, 03:07:17 PM
 #1390

now initial investment needs to be thousands of dollars in order to have good profit for long time holding. Every investment will bring profit as much as investment is big, bitcoin for now has proven to be great way for investing money, I hope that will continue to be in the future also.

Not necessarily. People should never force themselves into investing thousands of dollars into Bitcoin while they can't really afford it. There are huge differences in what people can afford as being their initial investment amount. One person invests $500 and is very happy when he makes like $200-$300 after some time. And another person might start with $10,000 and get pissed when the profit is only $1000 or so. Main point what I try to say - Important is that you invest what you can afford, and be happy with it.
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November 02, 2016, 08:36:48 PM
 #1391

I definelety agree this and my long-term goal is only storage bitcoin for future. I never buy any bitcoin with real money but i am thinking about buy it when i fix my money issues. I believe that bitcoin is like gold it will never cause you to lose money in long-term.
That's a good decision, only buy when you feel you can afford to invest with bitcoin. Although we should not let this opportunity to pass but it is not wise to spend the amount of money that we cannot afford to lose as the chances to make profit is only big but it does not guarantee we will make a profit.
But, many people are risking their life for investing almost everything in bitcoins. They justify their action by stating about their faith on bitcoin price levels by showing its past performances. Holding bitcoin must be a right way to make fortunes, but risking entire life is not a way as per many bitcoin veterans suggestions.
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November 05, 2016, 01:05:14 PM
 #1392

I believe holding bitcoin for a very long time will ultimately pay off. Those who started with bitcoin can bear witness with this. Even dating back just a year ago, there has been a substantial increase in the price and we hope that with time, its going to increase more.
believing and keep promoting this big investment that we are into will allow us to gain more and more in the future
this project will increase more popularity and holding it for longer years will give us fortune.
Yes, though holding bitcoins for a long time is a good idea, but when I do I am tempted and sell my bitcoins when the price reaches around 700-800$ and buy when the price is around 300-400$ and this way I feel much better than just plain holding. Because the time till you guys will hold and make money I will do the same but with extra bitcoins earned Smiley
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November 05, 2016, 09:23:01 PM
 #1393

I definelety agree this and my long-term goal is only storage bitcoin for future. I never buy any bitcoin with real money but i am thinking about buy it when i fix my money issues. I believe that bitcoin is like gold it will never cause you to lose money in long-term.
That's a good decision, only buy when you feel you can afford to invest with bitcoin. Although we should not let this opportunity to pass but it is not wise to spend the amount of money that we cannot afford to lose as the chances to make profit is only big but it does not guarantee we will make a profit.
We have to buy bitcoins each time we find or get some extra money which we will not need for any of our life needs and we do not have to think that we will lose money at there and we have to invest only that amount which we can afford to lose as bitcoin is not going to drop and do not going to lose us our money.
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November 05, 2016, 11:16:28 PM
 #1394

After seeing last 2 / 3 days price of bitcoin raising who ever have gone for holding bitcoins in wallet will never regret now, as the price will increase more and bitcoin is itself considered as a investment option.
already end, the pumping trend are gone, this time for keeping your amount again and totally I was believed the trend of bitcoin pumping are coming in some weeks later. for you know this is the best timing for investing, bitcoin strong and choose your favourite alt and if alt get a strong and buy your bitcoin.

I don't know if BTC price will increase very fast in a short time period again soon, but hold bitcoins is still a good deal. Sooner or later the price will rise again, as we are seeing since this currency was created. In my opinion it's a good way to earn money and safe also.
Yeah, it is good way to make money but at times keeping the bitcoin for very long time might not be a good ea, instead you buy at available lower price and sell it at possible higher price and keeping repeating the process for long haul, you will see your money grow like never before. For doing so, you never need to be a perfect trader, passive participation in trading is more than enough.

If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too.

Well the fact is you can still earn some profits since your money is being multiplied by just holding your coin for certain matters although its small but its good enough since your not doing anything to make it grow, we can't dictate people on how much they want to hold since not all of people stakings bitcoin here are rich enough to buy huge volumes of bitcoins, and maybe others are doing some test hold to see if they can get some little profit by this doing.

Holding is the safest way to make profits in long run, holding can be only risky if price drops in the future but looking at the development of bitcoins I don't think that price will fall so if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.
you are right that holding is the safest way i also hold my bitcoin in huge amount and i hope i will be get profit from bitcoin in huge amount in the near future because we know that bitcoin increasing its price daily and adoption also increasing so do not worry that bitcoin bitcoin price will be never fall and it will be go too much higher .

for me, holding bitcoin in a long time is a good option especially we have bitcoin in big amount while we can see for the price that still increase even there are any down and up for the price but for the trend is up in next year. and beside that, for that amount, we can still make it grow by doing another way so our stock of bitcoin is increase from time to time and when the right time is come, we can sell it to get big profit.

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zcashcoins
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November 06, 2016, 12:29:13 AM
 #1395

I think it's good way for Beginner's who dont know about trading or other earning method.
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November 06, 2016, 09:09:36 AM
 #1396

Yes that is right to say but i think it also depend on the amount of bitcoin if you have a good amount the you will really get a good profit, but if has a few,that will not make too many money.
threfore i will suggest you that if you are going to invest in bitcoin the you should invest a good amount of bitcoin.
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November 06, 2016, 11:26:26 AM
 #1397

After seeing last 2 / 3 days price of bitcoin raising who ever have gone for holding bitcoins in wallet will never regret now, as the price will increase more and bitcoin is itself considered as a investment option.
already end, the pumping trend are gone, this time for keeping your amount again and totally I was believed the trend of bitcoin pumping are coming in some weeks later. for you know this is the best timing for investing, bitcoin strong and choose your favourite alt and if alt get a strong and buy your bitcoin.

I don't know if BTC price will increase very fast in a short time period again soon, but hold bitcoins is still a good deal. Sooner or later the price will rise again, as we are seeing since this currency was created. In my opinion it's a good way to earn money and safe also.
Yeah, it is good way to make money but at times keeping the bitcoin for very long time might not be a good ea, instead you buy at available lower price and sell it at possible higher price and keeping repeating the process for long haul, you will see your money grow like never before. For doing so, you never need to be a perfect trader, passive participation in trading is more than enough.

If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too.

Well the fact is you can still earn some profits since your money is being multiplied by just holding your coin for certain matters although its small but its good enough since your not doing anything to make it grow, we can't dictate people on how much they want to hold since not all of people stakings bitcoin here are rich enough to buy huge volumes of bitcoins, and maybe others are doing some test hold to see if they can get some little profit by this doing.

Holding is the safest way to make profits in long run, holding can be only risky if price drops in the future but looking at the development of bitcoins I don't think that price will fall so if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.
you are right that holding is the safest way i also hold my bitcoin in huge amount and i hope i will be get profit from bitcoin in huge amount in the near future because we know that bitcoin increasing its price daily and adoption also increasing so do not worry that bitcoin bitcoin price will be never fall and it will be go too much higher .

for me, holding bitcoin in a long time is a good option especially we have bitcoin in big amount while we can see for the price that still increase even there are any down and up for the price but for the trend is up in next year. and beside that, for that amount, we can still make it grow by doing another way so our stock of bitcoin is increase from time to time and when the right time is come, we can sell it to get big profit.

Yes indeed hold bitcoin long term will be very profitable if the price rises, and the price of bitcoin although fluctuating but tends to increase and profitable. But I think it would be better to not only hold, but also grow to investment or trade. It would be more profitable and can profit more than just hold if successful.
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November 06, 2016, 01:25:11 PM
 #1398

If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too.
Yes holding or lets say investing in bitcoins for price rise needs a huge capital. If you hold 0.01 or 0.1 btc then the profit might not be so huge that you expect with holding.

You can also do price trading with holding bitcoins, like you hold them till the price doubles (the price at which you bought them) and then sell it, buy again at half and sell again at double. Needs patience and capital at its best.
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November 06, 2016, 03:00:31 PM
 #1399

Based on what is happening right now with Bitcoin, I think that holding on to this digital currency can be a good strategy but of course we could not exactly predict what can happen in the future. Remember that Bitcoin made into the $1200 level in the past but it crashed...will it happen again is a question that can be hard to answer.
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November 06, 2016, 04:43:33 PM
 #1400

Based on what is happening right now with Bitcoin, I think that holding on to this digital currency can be a good strategy but of course we could not exactly predict what can happen in the future. Remember that Bitcoin made into the $1200 level in the past but it crashed...will it happen again is a question that can be hard to answer.

That is right. The Bitcoin is the best of all the digital coins. It will not be replaced by another one soon.
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