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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368890 times)
Caladonian
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November 10, 2016, 06:01:43 AM
 #1421

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

holding bitcoin a long time is good to take profit
but not maximal potential profit, is good trading is in day trading and compounding system
long term investment is more profitable that short time investment, but you need to invest a good amount for long term investment, as you have to wait for a long time and to give some good time for trading therefore you need to put some good amount for long term investment so as to get some good profit.
if that's the maybe you should make a half for your long term investment and the other half to trading and make some good plan to grow
your btc more if you got some good assessment and study deeper for sure you will possibly double or more your investment.
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November 10, 2016, 06:17:25 AM
 #1422

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

holding bitcoin a long time is good to take profit
but not maximal potential profit, is good trading is in day trading and compounding system
long term investment is more profitable that short time investment, but you need to invest a good amount for long term investment, as you have to wait for a long time and to give some good time for trading therefore you need to put some good amount for long term investment so as to get some good profit.
if that's the maybe you should make a half for your long term investment and the other half to trading and make some good plan to grow
your btc more if you got some good assessment and study deeper for sure you will possibly double or more your investment.
Depends really on your plan as there are investors who prefer to do both, short term investment will give you active income and will minimize the risk as you need to be active and educate yourself on the recent events since bitcoin price movement is news driven.

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November 10, 2016, 07:40:12 AM
 #1423

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

holding bitcoin a long time is good to take profit
but not maximal potential profit, is good trading is in day trading and compounding system
long term investment is more profitable that short time investment, but you need to invest a good amount for long term investment, as you have to wait for a long time and to give some good time for trading therefore you need to put some good amount for long term investment so as to get some good profit.
if that's the maybe you should make a half for your long term investment and the other half to trading and make some good plan to grow
your btc more if you got some good assessment and study deeper for sure you will possibly double or more your investment.
Depends really on your plan as there are investors who prefer to do both, short term investment will give you active income and will minimize the risk as you need to be active and educate yourself on the recent events since bitcoin price movement is news driven.

No, shorter term investments are much riskier than the long term investments. Just like holding, even though holding is profitable.

But if you will going to think about it lighter, the risk of holding is really there. We can't assure if the price will fall or increase.

And base on my experience, holding is risky and yet profitable.

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November 10, 2016, 08:09:03 AM
 #1424


long term investment is more profitable that short time investment, but you need to invest a good amount for long term investment, as you have to wait for a long time and to give some good time for trading therefore you need to put some good amount for long term investment so as to get some good profit.

I think long term investment in bitcoin is profitable as you observed bitcoin prices is higher compard to the vety beginning continue to rise. Though in between there up and down but in overall it is uptrend.

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November 10, 2016, 11:05:32 AM
 #1425

I have an online wallet that I used to convert dollar to bitcoin and vice versa. I maintain a constant amount in my wallet, say 20 dollars worth of bitcoin, I checked it often, and would convert the excess bitcoin to dollars that I deposit in a bank later. This make my bitcoin holding profitable over a long period of time. I also trade crypto currency and stake other coins in an online wallet.

Let's talk crypto and whatever you have in mind...
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See you there.

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eagle10
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November 10, 2016, 11:08:30 AM
 #1426

Yes its true and I agree. Holding bitcoin for long term is profitable. I am in awe knowing it could go up to million per piece of bitcoin. Wow! Many will be richer if they hold on to at least 1 bitcoin when that time comes.
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November 10, 2016, 11:22:50 AM
 #1427

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

Why limiting yourself to doing one thing, when you can do both long term holding and short term trading at the same time? I do exactly that. I have a certain amount of coins in my cold wallets that I will not touch in the coming 5-10 years (I have been holding them since early 2013). This is my long term investment.

Alongside that, I have a certain number of coins combined with a certain amount of fiat that I use to do my trading. That's how I get my profits. It doesn't really matter for me if the price goes down significantly, or goes up significantly. I make profit whilst trading either way. It takes plenty of my time, but it's definitely worth it.
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November 10, 2016, 12:14:52 PM
 #1428

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

Why limiting yourself to doing one thing, when you can do both long term holding and short term trading at the same time? I do exactly that. I have a certain amount of coins in my cold wallets that I will not touch in the coming 5-10 years (I have been holding them since early 2013). This is my long term investment.

Alongside that, I have a certain number of coins combined with a certain amount of fiat that I use to do my trading. That's how I get my profits. It doesn't really matter for me if the price goes down significantly, or goes up significantly. I make profit whilst trading either way. It takes plenty of my time, but it's definitely worth it.
Exactly, why not do both.. having both in your investment plan would minimize the risk in investing. There is no assurance that you can make profit in the future, but with short term investment there's a big possibility that you will make profit as you can monitor the price.
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November 10, 2016, 12:20:25 PM
 #1429

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

Why limiting yourself to doing one thing, when you can do both long term holding and short term trading at the same time? I do exactly that. I have a certain amount of coins in my cold wallets that I will not touch in the coming 5-10 years (I have been holding them since early 2013). This is my long term investment.

Alongside that, I have a certain number of coins combined with a certain amount of fiat that I use to do my trading. That's how I get my profits. It doesn't really matter for me if the price goes down significantly, or goes up significantly. I make profit whilst trading either way. It takes plenty of my time, but it's definitely worth it.
Exactly, why not do both.. having both in your investment plan would minimize the risk in investing. There is no assurance that you can make profit in the future, but with short term investment there's a big possibility that you will make profit as you can monitor the price.

Yeah there is no guarantee that long term holding will give only profits to you, if price drops dramatically then holding will be useless so its always good to take benefits from short term fluctuations to make quick profits and that can be done if we are investing our money in trading bitcoins or altcoins.


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November 10, 2016, 01:56:19 PM
 #1430

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

Why limiting yourself to doing one thing, when you can do both long term holding and short term trading at the same time? I do exactly that. I have a certain amount of coins in my cold wallets that I will not touch in the coming 5-10 years (I have been holding them since early 2013). This is my long term investment.

Alongside that, I have a certain number of coins combined with a certain amount of fiat that I use to do my trading. That's how I get my profits. It doesn't really matter for me if the price goes down significantly, or goes up significantly. I make profit whilst trading either way. It takes plenty of my time, but it's definitely worth it.
Exactly, why not do both.. having both in your investment plan would minimize the risk in investing. There is no assurance that you can make profit in the future, but with short term investment there's a big possibility that you will make profit as you can monitor the price.

Yeah there is no guarantee that long term holding will give only profits to you, if price drops dramatically then holding will be useless so its always good to take benefits from short term fluctuations to make quick profits and that can be done if we are investing our money in trading bitcoins or altcoins.
Of course, there's no guarantee that is why we are here in investing as the risk is present, with what I see with bitcoin, I believe it's profitable investment and would be more profitable in the future, so I will definitely invest with the future of bitcoin but not all my money.
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November 10, 2016, 01:59:15 PM
 #1431

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

Why limiting yourself to doing one thing, when you can do both long term holding and short term trading at the same time? I do exactly that. I have a certain amount of coins in my cold wallets that I will not touch in the coming 5-10 years (I have been holding them since early 2013). This is my long term investment.

Alongside that, I have a certain number of coins combined with a certain amount of fiat that I use to do my trading. That's how I get my profits. It doesn't really matter for me if the price goes down significantly, or goes up significantly. I make profit whilst trading either way. It takes plenty of my time, but it's definitely worth it.
Exactly, why not do both.. having both in your investment plan would minimize the risk in investing. There is no assurance that you can make profit in the future, but with short term investment there's a big possibility that you will make profit as you can monitor the price.

Yeah there is no guarantee that long term holding will give only profits to you, if price drops dramatically then holding will be useless so its always good to take benefits from short term fluctuations to make quick profits and that can be done if we are investing our money in trading bitcoins or altcoins.
Of course, there's no guarantee that is why we are here in investing as the risk is present, with what I see with bitcoin, I believe it's profitable investment and would be more profitable in the future, so I will definitely invest with the future of bitcoin but not all my money.

We are talking about holding bitcoins for a long time being a better opportunity or not, but not about going all into bitcoins, so let's stay connected with the topic here. Wink
And it is definitely a better way to hold it without the risk of trading it if you have bought it at lower prices, because it will definitely boom up in the future.
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November 10, 2016, 03:34:01 PM
 #1432

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

Why limiting yourself to doing one thing, when you can do both long term holding and short term trading at the same time? I do exactly that. I have a certain amount of coins in my cold wallets that I will not touch in the coming 5-10 years (I have been holding them since early 2013). This is my long term investment.

Alongside that, I have a certain number of coins combined with a certain amount of fiat that I use to do my trading. That's how I get my profits. It doesn't really matter for me if the price goes down significantly, or goes up significantly. I make profit whilst trading either way. It takes plenty of my time, but it's definitely worth it.
Exactly, why not do both.. having both in your investment plan would minimize the risk in investing. There is no assurance that you can make profit in the future, but with short term investment there's a big possibility that you will make profit as you can monitor the price.

Yeah there is no guarantee that long term holding will give only profits to you, if price drops dramatically then holding will be useless so its always good to take benefits from short term fluctuations to make quick profits and that can be done if we are investing our money in trading bitcoins or altcoins.
Of course, there's no guarantee that is why we are here in investing as the risk is present, with what I see with bitcoin, I believe it's profitable investment and would be more profitable in the future, so I will definitely invest with the future of bitcoin but not all my money.

We are talking about holding bitcoins for a long time being a better opportunity or not, but not about going all into bitcoins, so let's stay connected with the topic here. Wink
And it is definitely a better way to hold it without the risk of trading it if you have bought it at lower prices, because it will definitely boom up in the future.

Making profits only from holding will depend on what volume of bitcoins you are holding, you cannot expect to make huge profits if you are holding 1 or 2 bitcoins, and if that is the case with  you then its better to put those coins in trading to grow them and it will also give you quick profits at regular intervals.
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November 10, 2016, 04:20:57 PM
 #1433

Bitcoin has proven to be one of the most profitable asset to hold but it can only appreciate in terms of dollar value but it won't increase the number of your Bitcoin holdings. Holding is not a good decision to me, remember the parable of the talents in the Bible, the ones with 10 and 5 talents went out to trade with it and multiply their talents but the one with one talent hold it and was collected from him because if fails to multiply to do anything with it.
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November 10, 2016, 04:24:03 PM
 #1434

Bitcoin has proven to be one of the most profitable asset to hold but it can only appreciate in terms of dollar value but it won't increase the number of your Bitcoin holdings. Holding is not a good decision to me, remember the parable of the talents in the Bible, the ones with 10 and 5 talents went out to trade with it and multiply their talents but the one with one talent hold it and was collected from him because if fails to multiply to do anything with it.

Agreed, holding bitcoins will never multiply the number of your coins in your wallet but if you try to grow them with trading then you can expect higher amount of coins in your wallet in long run, so for me holding is the unprofitable thing to with bitcoins where we have many opportunities to grow them.
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November 10, 2016, 06:13:58 PM
 #1435

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

holding bitcoin a long time is good to take profit
but not maximal potential profit, is good trading is in day trading and compounding system
long term investment is more profitable that short time investment, but you need to invest a good amount for long term investment, as you have to wait for a long time and to give some good time for trading therefore you need to put some good amount for long term investment so as to get some good profit.
if that's the maybe you should make a half for your long term investment and the other half to trading and make some good plan to grow
your btc more if you got some good assessment and study deeper for sure you will possibly double or more your investment.
Depends really on your plan as there are investors who prefer to do both, short term investment will give you active income and will minimize the risk as you need to be active and educate yourself on the recent events since bitcoin price movement is news driven.
every one has their own choice but to me short term investment is more risky than long term investment, in short term investment if the price goes down you will certainly book lost as you cannot wait for the price to return to its previous position while in long term investment you can wait for a long time no problem the price is getting low or raising to some points.
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November 10, 2016, 06:17:29 PM
 #1436

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

holding bitcoin a long time is good to take profit
but not maximal potential profit, is good trading is in day trading and compounding system
long term investment is more profitable that short time investment, but you need to invest a good amount for long term investment, as you have to wait for a long time and to give some good time for trading therefore you need to put some good amount for long term investment so as to get some good profit.
if that's the maybe you should make a half for your long term investment and the other half to trading and make some good plan to grow
your btc more if you got some good assessment and study deeper for sure you will possibly double or more your investment.
Depends really on your plan as there are investors who prefer to do both, short term investment will give you active income and will minimize the risk as you need to be active and educate yourself on the recent events since bitcoin price movement is news driven.
every one has their own choice but to me short term investment is more risky than long term investment, in short term investment if the price goes down you will certainly book lost as you cannot wait for the price to return to its previous position while in long term investment you can wait for a long time no problem the price is getting low or raising to some points.
Yeah there is a people like that they are not have a patient to wait for the price increase instead of holding it for a long time they are selling it even they are lose.. that is why they are not making a good profit.. if you are investors you should wait for a long time and monitor the price incease until the price can be increase by 20 to 50 percent profit..before you can sell and earn profit..
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November 10, 2016, 06:21:16 PM
 #1437

Yeah there is a people like that they are not have a patient to wait for the price increase instead of holding it for a long time they are selling it even they are lose.. that is why they are not making a good profit.. if you are investors you should wait for a long time and monitor the price incease until the price can be increase by 20 to 50 percent profit..before you can sell and earn profit..

For those don't have patience to hold it for a long time, there is the investiment options.

Hold btcs can be good, but not the best alternative in my opinion, anyone can find better alternatives investing money on good sites to make profit. Need to avoid from scammer sites and find only legit ones to invest.
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November 10, 2016, 07:00:49 PM
 #1438

it's a good way to growing our money, holding bitcoin is part of my life Smiley
but trade it with profit is better than holding bitcoin.

holding bitcoin a long time is good to take profit
but not maximal potential profit, is good trading is in day trading and compounding system
long term investment is more profitable that short time investment, but you need to invest a good amount for long term investment, as you have to wait for a long time and to give some good time for trading therefore you need to put some good amount for long term investment so as to get some good profit.
if that's the maybe you should make a half for your long term investment and the other half to trading and make some good plan to grow
your btc more if you got some good assessment and study deeper for sure you will possibly double or more your investment.
Depends really on your plan as there are investors who prefer to do both, short term investment will give you active income and will minimize the risk as you need to be active and educate yourself on the recent events since bitcoin price movement is news driven.
every one has their own choice but to me short term investment is more risky than long term investment, in short term investment if the price goes down you will certainly book lost as you cannot wait for the price to return to its previous position while in long term investment you can wait for a long time no problem the price is getting low or raising to some points.
Yeah there is a people like that they are not have a patient to wait for the price increase instead of holding it for a long time they are selling it even they are lose.. that is why they are not making a good profit.. if you are investors you should wait for a long time and monitor the price incease until the price can be increase by 20 to 50 percent profit..before you can sell and earn profit..

Reality is that if price starts falling then people get panic very easily and start selling their coins as they lack patience, and if you are investing your money in bitcoins then you need to hold them for a very long time to make descent profits from it and if you are lacking patience then you are investing your money at the wrong place.

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November 11, 2016, 02:41:27 AM
 #1439

Yes its a good method to make some good money, the only downside is that you need a lot of patient to succeed into this and I do not have this at all so for me its not something that I prefer right now.
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November 11, 2016, 06:47:51 AM
 #1440

Yes its a good method to make some good money, the only downside is that you need a lot of patient to succeed into this and I do not have this at all so for me its not something that I prefer right now.
For sure it's not a downside, that is require and part of the strategy you will have to make in order to make a good amount of money. Holding a long time for your investment will give you more chance to grow your investment and that will make you feel comfortable when you see bitcoin is progressive.
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