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

[Script3d]

Yes Holding Bitcoin for a long time can make you money after your price reach like 1k USD its your decision convert the bitcoin into fiat or buy some goods with bitcoin but its still risky the price might downfall immediately after reaching a high price you should make a decision immediately before the price goes down.

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[warwar]

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.

well you are right sort of it will not decrease and I think there are some instances that the price will at the stable price but it will not really decrease but later on it will increase until the end of the year. And I do agree that is is not too late to hold bitcoin but I think it is not necessarily to hold a ton of bitcoin. As my self I use it to trading buy some coins to earn profit well just hold.it for 4 years or more that is sure profit

[Victorycoin]

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!

Bitcoin is a very good investment tool, but it is not recommended to put all of your money into bitcoin, we still dont know what will happen with bitcoin in the future, playing short term investment with bitcoin is better, holding bitcoin for a long time can be profitable but also can be a risky move

Knowing that the storm over bitcoin is not settled yet and understanding the fact that governments are uncomfortable and out to frustrate bitcoin, it would be ideal to simply go with the flow for now. Holding bitcoin for a very long while might not turn up satisfactorily, because there could be surprises and changes along the way.

[butcherboss]

Like you said bitcoin price has seen the 100$ range and the 200$ range. If you invest in bitcoin at a good time then in long term you are sure to have profit but if you invest during a bubble then long term profit may not happen therefore if you want to make long term profit choose the correct time to invest.

[skyway1]

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.

i agree with you about your best idea that bitcoin will be really reach its price to 1000$ in 2017 because bitcoin increasing to high value day by day and you are right people buying bitcoin in huge amount and then they holding their bitcoin for the future for high price of bitcoin to get a big profit from bitcoin.

[rizkyhiw]

Like you said bitcoin price has seen the 100$ range and the 200$ range. If you invest in bitcoin at a good time then in long term you are sure to have profit but if you invest during a bubble then long term profit may not happen therefore if you want to make long term profit choose the correct time to invest.

no i don't think so , as long as bitcoin demand always there
no matter how much the price when you buy the coin from now, as you will have a guarantee profit in the future
imagine, when bitcoin become rare and everyone want bitcoin
the situation like that will drive bitcoin price to the higher ever.

[stark101]

Maybe yes, maybe no. Only holding it without doing nothing for long time is is not profitable unless you bought it with the lowest rate ever. It would be more profitable if you can trade it when there is a good chance to make profit. But holding your money maybe is also a good way if you want to only to make money and if you want only that bitcoin should be kept and never used for some thing.

[jvc12]

what i think in this, is that if one has bitcoin and he or she is holding it for a long time that can be person reason maybe at that period of time he or she is holding back maybe the exchange rate at that time might not really be high so you may want to keep it pending when it potential value in the exchange market is high.

[iqlimasyadiqa]

what i think in this, is that if one has bitcoin and he or she is holding it for a long time that can be person reason maybe at that period of time he or she is holding back maybe the exchange rate at that time might not really be high so you may want to keep it pending when it potential value in the exchange market is high.

it is a reasonable worry. everyone has it. the most important is maintaining and monitoring the price of bitcoin, bitcoin own when prices increase then we should sell it. better take a little advantage rather than take the risk and losses.

[bitbunnny]

Long term investments are generaly always risky because you can predict so far in the future what will happen. But to my opinion Bitcoin is worth that risk and it's most profitable long term. Sometimes when the dumps are big it's a bit hard to keep the cool head and try to be reasonable but with experience is easier.

[viziano]

At the moment yes..
But who knows how bright is the future lol..I think it won't skyrocket but will see.

[n0ne]

Right now bitcoin price increase is getting continued for a long time. This gives every user an added profit. Bitcoin grows gradually, which describes that holding doesn't have any specific time. Everytime holding is effective.

[brian_23452]

if any one has bitcoin and he or she decided to hold it for a long time is a thing of the choices because it maybe that at one point the value of it is high in the market so for that reason you might want to wait for it to fly up to the sky before you can sale it for whatever reason so at that time one can make go money or make better profit from keep it so long. 

[Victorycoin]

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.

So how can one know, what price that can be said to be early as today the price of bitcoin is fast approaching $800 and could be up to $1000 tomorrow, but also there a possibility that it could be less. I think the best approach would be to enjoy the ride while it last, because bitcoin is still evolving, unless one is determine to wait it out till whenever their investment is profitable, but that won't be a very good business practice.

[Labumi]

if any one has bitcoin and he or she decided to hold it for a long time is a thing of the choices because it maybe that at one point the value of it is high in the market so for that reason you might want to wait for it to fly up to the sky before you can sale it for whatever reason so at that time one can make go money or make better profit from keep it so long. 

Investing in the bitcoin is a good thing and it is indeed what you say it is true. But if we did something bad or even worsen the life when investing then it will just make our lives worse. What I mean is the investment that we are doing is using the money used for our everyday needs and ktia investing when unfriendly situations causing our need be destroyed and messy.So before you make an investment, we have to think of something to do about our lives so what we get is not to become burden of life

[salmanahmedone]

Maybe yes, maybe no. Only holding it without doing nothing for long time is is not
profitable unless you bought it with the lowest rate ever. It would be more profitable if you
can trade it when there is a good chance to make profit. But holding your money maybe is also a
good way if you want to only to make money and if you want only that bitcoin should be kept and never used for some thing.

This is true if the holder of the bitcoin buy it to the lowest price and now it is around turning it to $800
I guess you can have it so profitable .

[Potato Chips]

if any one has bitcoin and he or she decided to hold it for a long time is a thing of the choices because it maybe that at one point the value of it is high in the market so for that reason you might want to wait for it to fly up to the sky before you can sale it for whatever reason so at that time one can make go money or make better profit from keep it so long. 

Yes the longer you keep it the higher the sell price but emergency situations are inevitable so not spending it is a really difficult job.
Just don't let your greediness take over and keep it for a really long year cause you have to spend it to help in circulating the coins.

Long term investments are generaly always risky because you can predict so far in the future what will happen. But to my opinion Bitcoin is worth that risk and it's most profitable long term. Sometimes when the dumps are big it's a bit hard to keep the cool head and try to be reasonable but with experience is easier.

Well there is always a risk in every investment it's just a matter of high risk or low risk.

If you have watched the bitcoin market for a long time you will know that these dumps will lead to a higher price. While we are in this community /industry we

should increase our knowledge and experience to cope with the problems we will encounter in the future.

[vurasasog]

if any one has bitcoin and he or she decided to hold it for a long time is a thing of the choices because it maybe that at one point the value of it is high in the market so for that reason you might want to wait for it to fly up to the sky before you can sale it for whatever reason so at that time one can make go money or make better profit from keep it so long. 

Yes the longer you keep it the higher the sell price but emergency situations are inevitable so not spending it is a really difficult job.
Just don't let your greediness take over and keep it for a really long year cause you have to spend it to help in circulating the coins.

Long term investments are generaly always risky because you can predict so far in the future what will happen. But to my opinion Bitcoin is worth that risk and it's most profitable long term. Sometimes when the dumps are big it's a bit hard to keep the cool head and try to be reasonable but with experience is easier.

Well there is always a risk in every investment it's just a matter of high risk or low risk.

If you have watched the bitcoin market for a long time you will know that these dumps will lead to a higher price. While we are in this community /industry we

should increase our knowledge and experience to cope with the problems we will encounter in the future.

We can have 20% of the saving in bitcoin. So when we need to use money, we can use the fiat first.

[Bestwishes745]

At the moment yes..
But who knows how bright is the future lol..I think it won't skyrocket but will see.

The real bitcoin users know that how bright will be the future of bitcoin. The future is for bitcoin currency and I know the everyone will use bitcoin in the future as I can see that every business is now shifting to digital system.

[shinratensei_]

At the moment yes..
But who knows how bright is the future lol..I think it won't skyrocket but will see.

The real bitcoin users know that how bright will be the future of bitcoin. The future is for bitcoin currency and I know the everyone will use bitcoin in the future as I can see that every business is now shifting to digital system.

The chart was telling any more about that, and Bitcoin will always be promising for us. And so, it makes no sense if we were feeling doubt about putting our money on the bitcoin. But seems may a lot of the parties was threatening by bitcoin.
And this statement was being opposite with the Circle CEO's statement.