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

[EdenHazard]

Nothing is for sure, but I would say that the risk-reward ratio is acceptable, and much better than in many other investments. It is important to study the market in any way, to know the best time to invest.

If you are ready to agree that bitcoin is much better opportunity to invest then you also might come to know the best time to invest  with bitcoins i.e right now. And to have the better benefits from bitcoin we must be needing to hold our investments for some long periods like 5 to 10 years.

i don't usually do this, i mean to invest in long term like for 5-10 years.

especially in bitcoin which i think it is more than just a place to invest, i do buy some today and spend it for a couple days , buy another bitcoin again and repeat it , i used in short term as i treat bitcoin as currency.

[Bigdan]

Yes especially if you can wait for it to halve next.

[Clement Kaliyar]

Yes especially if you can wait for it to halve next.

If you follow the price and if you are good at trading then you could make more money than sitting idle on your coins till the next halving.With the current price it is not that easy to get more coins with your money unless you wanted to risk your savings and if you are confident then you can start purchasing the coins and wait for a long time.

[JeffBrad12]

Yes especially if you can wait for it to halve next.

Expecting about the next half the price will over $1200 and I think it will be possible. In this time The price was doubling comparing with the previous price before halving was happening. But if they can become the long-term decision. and you need to think about a short decision and I don't think if you want to throw a lot of your time into the trashcan.

[carlisle1]

it is not impossible to make a lot of money from holding your bitcoin for a long time, it is a really great idea to make bitcoin a long term investment because there are many early adopters and people who just bought bitcoin at the lower price and holds it and then they became successful . long time holding of bitcoin can make you successful especially when the price increases more or if bitcoin has already reached the $1000 value nothing's impossible  .

[coynedterm]

it is not impossible to make a lot of money from holding your bitcoin for a long time, it is a really great idea to make bitcoin a long term investment because there are many early adopters and people who just bought bitcoin at the lower price and holds it and then they became successful . long time holding of bitcoin can make you successful especially when the price increases more or if bitcoin has already reached the $1000 value nothing's impossible  .

Since you are right but still the chances be to make Money by holding it for long time is because no one can predict that what will be price of Bitcoin after next 24 hour , So it is possible to make much profit by holding it for month only  .
I mean to hold Bitcoin with stretagy and patience .

[lakisis]

Yes especially if you can wait for it to halve next.

i hope bitcoin will be increase its price to 2000$ on the next halve so hold your bitcoin is much more profitable and i also holding my bitcoin in huge amount for the future and i will be get a big profit from bitcoin in the future .

[Victorycoin]

Also the advantage of gaining more is high now because we do not know someday what will be the value of it.
Anyway for me, holding money or bitcoin for long for trading is good.

Much better to say that holding bitcoins for a longer time is better for having a good money. As the price is going to keep on increasing.

That's the cycle of bitcoin, the longer you will hold your bitcoins the more chance of increasing it's value.

And there's no doubt about it for it was proven by many of us.

All agree that buying and holding bitcoin is a good business decision, but something missing is that buying at just any price won't always corroborate our assumption. There is need to time when to buy some bitcoin, so that one does not end up having overpriced coins in one's hand, which might take a very long wait , if at all, to retest same price again.

[CraigWrightBTC]

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.

Yeah for this time i think holding bitcoin is very good because there is some people predict that for this year bitcoin will halving.

You are right if the aim of investing into bitcoin for long time, but it is problem to me whom looking for money by daily from trading and i think the other traders altcoins are same with me.
So everything depend on the people use strategy of investments into bitcoins and other digital coins,
Because of i am daily traders holding bitcoins for long time is not good way to make money.

[grandy]

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.

Yeah for this time i think holding bitcoin is very good because there is some people predict that for this year bitcoin will halving.

You are right if the aim of investing into bitcoin for long time, but it is problem to me whom looking for money by daily from trading and i think the other traders altcoins are same with me.
So everything depend on the people use strategy of investments into bitcoins and other digital coins,
Because of i am daily traders holding bitcoins for long time is not good way to make money.

i am also in favour of long term investment, but it is also important that if you are going for long term investment you need to invest a good amount of bitcoin because holding a little amount cannot give you a big profit.

[Ocytrem]

Yes I think that you can make a lot of money with the bitcoin if you are just holding it for a long time, long terms are mostly good but with the bitcoin its a real gamble so keep that in mind.

[BitHodler]

Yes I think that you can make a lot of money with the bitcoin if you are just holding it for a long time, long terms are mostly good but with the bitcoin its a real gamble so keep that in mind.

It's not a gamble since you know that the demand for a decentralized tool as Bitcoin will only increase throughout the years.

If you look at how long term hodlers have been doing, then right now would be the perfect example of how their investment has been paying off big time.

I am a long term hodler as well, and for me so far it has been a fantastic long term investment. I don't get distracted by pumps and dumps. I look at the long term results. And these results are formidable.

[Idrisu]

The most easy way to make money with bitcoin is margin trading; in margin trade a trader make money either market is selling or buying. Holding bitcoin for a long time in my opinion is good way of making money but not the best way. Remember currencies trading entail a lot of risk and never trade without understanding the principle of money management.

[tabas]

The most easy way to make money with bitcoin is margin trading; in margin trade a trader make money either market is selling or buying. Holding bitcoin for a long time in my opinion is good way of making money but not the best way. Remember currencies trading entail a lot of risk and never trade without understanding the principle of money management.

Holding is just like trading or let's say it is truly trading. Because you just need to wait for the price to increase just like the way we trade. We are going to buy alt coins for lower price and hoping for its price to increase. And for me, holding is one of the best way to make money if you just patient enough and you have enough funds for buying bitcoins.

[Bigdan]

Yes, it's a good way to make money but there are better ways through trading but I'm assuming a lot of people don't want to spend the extra time learning all about trading so if that applies to you then you better buy bitcoins, hold on to it with the hope of its price rising and then selling back for more money.

[mirakal]

The most easy way to make money with bitcoin is margin trading; in margin trade a trader make money either market is selling or buying. Holding bitcoin for a long time in my opinion is good way of making money but not the best way. Remember currencies trading entail a lot of risk and never trade without understanding the principle of money management.

Holding is just like trading or let's say it is truly trading. Because you just need to wait for the price to increase just like the way we trade. We are going to buy alt coins for lower price and hoping for its price to increase. And for me, holding is one of the best way to make money if you just patient enough and you have enough funds for buying bitcoins.

In my understanding it's a long term investment that you will trade with fiat once you see you are in profit already, that method is very effective in the crypto world especially when holding bitcoins because as we can see, people are coming in and the price is increasing. We have a strong economy and we hope to see this continue in the future so our investment will continue to grow as well.

[numismatist]

The ideal scenario would be "preserving money long time" since currency dillution is a common between all of them currencies.

But on the other hand we are facing a centralisation of the mining bussiness that is just hillarious. Orthogonally against any original principles like "one cpu one vote" as Satoshi postulated.

[Jasad]

The most easy way to make money with bitcoin is margin trading; in margin trade a trader make money either market is selling or buying. Holding bitcoin for a long time in my opinion is good way of making money but not the best way. Remember currencies trading entail a lot of risk and never trade without understanding the principle of money management.

Holding is just like trading or let's say it is truly trading. Because you just need to wait for the price to increase just like the way we trade. We are going to buy alt coins for lower price and hoping for its price to increase. And for me, holding is one of the best way to make money if you just patient enough and you have enough funds for buying bitcoins.

holding identical with a long term where trading identical with a short term ,
both are really good option to grow your bitcoin actually ,
as long as you know what exactly you are doing ,
making money was never easy , so better to keep be patient and do hard work.

[KingdomHearts]

Yes, it's a good way to make money but there are better ways through trading but I'm assuming a lot of people don't want to spend the extra time learning all about trading so if that applies to you then you better buy bitcoins, hold on to it with the hope of its price rising and then selling back for more money.

yeah you can make money too much faster through trading in short time there is a lot of people buy bitcoin in huge amount then hold its for the short time investment and they get a good profit from bitcoin trading so its really a good way to make money.

[BitcoinPC]

Yes I think that you can make a lot of money with the bitcoin if you are just holding it for a long time, long terms are mostly good but with the bitcoin its a real gamble so keep that in mind.

Yeah, holding bitcoin now is profitable since it is continue to rise near $900,   I guess you mean of gamble is risk to hold it because we do not know until when is the rising of the bitcoin and what if it slam down so there you go the risk for money to hold on.