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

[Teemotje]

You can make a lot of money with holding the bitcoin for a long time and its also that the worth keeps rising its going to the 1000 dollar what is good and what will be very profitable too.

[RealPhotoshoper]

Based on the experience of the users of the bitcoin, this seems like a very profitable thing, a very easy way to benefit is buying bitcoin and hold for long term. I'll give it a try, I bought 3 bitcoin then sell again after 1 year or 200% profit.

Well, it does look very easy, but, although it was profitable, it is not easy to hold bitcoin in a long time, especially when the bitcoin prices began to decline. Well, it requires trust and patience are great, because without it, perhaps it will only be in vain. but, you should try it, because it is the safest, and easiest way to make money you have into more 

yeaaa true , the biggest challenge for a long term holders is when the price keep dropping.
i have an experience when trying to hold my bitcoin as long aspossible.
but the reality bitcoin price get dumped and i lost almost 50% already , i cannot handle it anymore , i just give up on it.

[iqlimasyadiqa]

You can make a lot of money with holding the bitcoin for a long time and its also that the worth keeps rising its going to the 1000 dollar what is good and what will be very profitable too.

impossible !! , it was not always profitable. many people who actually suffered losses. the important thing is we have to be careful in choosing the time to buy and sell bitcoin we have. This is the most important thing that must be possessed by a trader.

[electronicash]

its possible this time.  if you buy some btc today and price reach up to 1k in months, you'll consider yourself luck to have profited and the more you have the better. its going to be massively used by the people later.

[BitHodler]

its possible this time.  if you buy some btc today and price reach up to 1k in months, you'll consider yourself luck to have profited and the more you have the better. its going to be massively used by the people later.

It will be a decent profit for sure but not really something outstanding. It will be outstanding when you see the price hit $1000 and you look at the coins you bought below $400.

That shows how good you have been hodling your coins without selling in panic or getting tempted to secure profits at much lower than $1000 prices.

If you're able to hodl your sub $400 coins till current prices, then I am sure you can keep hodling till it reaches a price far above the $1000 mark. That's when you deserve the balls of steel achievement.

[Veritas Platform]

i see a great future for bitcoin, so i think holding is good but not like to make big money

[FaucetRank.com]

Everybody who have seen the Bitcoin rate has grown from bottom they know how Bitcoin can make them Rich if they hold their coins for longer time.

[el kaka22]

its possible this time.  if you buy some btc today and price reach up to 1k in months, you'll consider yourself luck to have profited and the more you have the better. its going to be massively used by the people later.

Yes, lot of speculations are already going on about bitcoin's future price levels. Personally I do believe bitcoin will be having four digit price levels by 2017. So, holding bitcoin a good way to make money even in short time. Here I'm not agreeing just to make money, it is possible to become rich too.

[traderethereum]

Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker!

Yes its very good to do and you can make a lot of money with it too to be honest I would go for the long terms again and again.

yes i am agree with Supebox and Deep In The Mines LLC said but i don't want just to holding bitcoin in my wallet, i want to make it grow more than what i am holding and i will do the other way to make it growth. i think its good for us, while we have one investment and we do the other thing to make our bitcoin grow.

[Potato Chips]

Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker!

Yes its very good to do and you can make a lot of money with it too to be honest I would go for the long terms again and again.

yes i am agree with Supebox and Deep In The Mines LLC said but i don't want just to holding bitcoin in my wallet, i want to make it grow more than what i am holding and i will do the other way to make it growth. i think its good for us, while we have one investment and we do the other thing to make our bitcoin grow.

Holding bitcoins to make them grow is typically for people who don't have much time because they have other things to do in the outside world.

And yes I agree with you that if you have a free time why not just use it to earn money and make your life better? Like what the others are saying if he hadn't know

bitcoin we would have spending our time on Reddit,  facebook , twitter etc

Remember the more bitcoins we have the more it will be profitable if the price sky rockets

[Ultrasound]

Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker!

Yes its very good to do and you can make a lot of money with it too to be honest I would go for the long terms again and again.

yes i am agree with Supebox and Deep In The Mines LLC said but i don't want just to holding bitcoin in my wallet, i want to make it grow more than what i am holding and i will do the other way to make it growth. i think its good for us, while we have one investment and we do the other thing to make our bitcoin grow.

Holding bitcoins to make them grow is typically for people who don't have much time because they have other things to do in the outside world.

And yes I agree with you that if you have a free time why not just use it to earn money and make your life better? Like what the others are saying if he hadn't know

bitcoin we would have spending our time on Reddit,  facebook , twitter etc

Remember the more bitcoins we have the more it will be profitable if the price sky rockets

If somebody has time and invest the bitcoin, there is big chance that the bitcoin will be lost in the investment process.

[aardvark15]

Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.

[FLoving]

its possible this time.  if you buy some btc today and price reach up to 1k in months, you'll consider yourself luck to have profited and the more you have the better. its going to be massively used by the people later.

I also have smelled that till the next month the price of bitcoin will reach to about 1k or more than that so why not we start to buy some bitcoins now with our available money with us.  If we buy bitcoin now and wait for it at least for a few months then it is the chances that we earn about 50% from that investment.

[tabas]

Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.

And it is still not too late for those new comers to bitcoin, unless they will buy immediately bitcoins then they have a chance to get some profit when the price increases. And buying, holding of bitcoins is giving success to the people who are doing it in the long run. For those people who wants to buy, don't wait for the price to decrease, just buy now because the price will increases higher soon.

[pusaka]

Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.

yes, the price of bitcoin is possible to $1000 in 2017
it is time to buy and holding for a long time to get a lot profit.

[Invulner]

If you are just holding bitcoin, why not make some bitcoin denominated investments as well? That way you can make extra profit on your bitcoins, while still gaining on the bitcoin's potential rise in the future.

Holdisg bitcoin is like holding other currencies - it is highly speculative.

[BrewMaster]

If you are just holding bitcoin, why not make some bitcoin denominated investments as well? That way you can make extra profit on your bitcoins, while still gaining on the bitcoin's potential rise in the future.

Holdisg bitcoin is like holding other currencies - it is highly speculative.

and also highly profitable.
bitcoin is not like any other currency, it is the up and comming technology that has been a great investment because more people adopt it everyday and the inflation rate causes price rise too. and so far the price has been rising consistently.

[HatakeKakashi]

Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.

And it is still not too late for those new comers to bitcoin, unless they will buy immediately bitcoins then they have a chance to get some profit when the price increases. And buying, holding of bitcoins is giving success to the people who are doing it in the long run. For those people who wants to buy, don't wait for the price to decrease, just buy now because the price will increases higher soon.

Yes its not to late to invest in Bitcoin and to buy Bitcoin. And yes don't wait the price to decrease because the price of Bitcoin is increasing as of now the price is very good. Bitcoin price its not decrease in this year so what are you waiting for . buy Bitcoin now and hold it and wait the price increase to the moon to make profit. If you not buy Bitcoin now when ? When its too late to invest so buy more Bitcoin. And you can trade your holding Bitcoin to altcoin to grow your Bitcoin.

[Rostadom]

Yes its not to late to invest in Bitcoin and to buy Bitcoin. And yes don't wait the price to decrease because the price of Bitcoin is increasing as of now the price is very good. Bitcoin price its not decrease in this year so what are you waiting for . buy Bitcoin now and hold it and wait the price increase to the moon to make profit. If you not buy Bitcoin now when ? When its too late to invest so buy more Bitcoin. And you can trade your holding Bitcoin to altcoin to grow your Bitcoin.

The price is increasing right now, there's a risk that the price would decrease right after you buy some bitcoins. This is what happened to those people that bought bitcoins at $1200 and then the price decreased drastically. They are either still holding their coins right and still waiting for them to get out of that hole or they have lost a lot of money by selling it in a much lower price. I wouldn't recommend buying when the price is increasing but I guess the price of bitcoin right now isn't that high compared to 1200$. In case of price decrease, you just got to wait longer.

[vannaria]

Depends how many bitcoin did you have, and the price during time.
Because when you are going to exchange normally you pay less than the "real value" so you lost a percentage, around 5-10%. This means you need to achieve a great revaluation of the price instead you are going to sell, btc itself doesn't have any revaluation during time, so it's can be pretty useless.