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

[Zadicar]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

You are not right and I cannot agree with you. Both, Bitcoin and altcoins are dangerous for holding. Bitcoin price volatility makes it great for trading but not for investment. The same is about altcoins. You can invest in art, real estate but not in such a dangerous and very new technology that has no mainstream adoption, as cryptocurrencies. But you can speculate and earn some money

different people have different idea and view, may be you are right, but to me it think all type of trading and investment are risky either it is crypto currencies or real state. investment and trading are all round risky, but one can only make money if he has the courage to take the risk and without taking risk no one can make money not in real stacks not in crypto currencies.

you're right. imagine those people that bought bitcoin like two years ago and held on to them until now. Though it's really hard to say as we really wouldn't know then that bitcoin would go up this high is two years right? so I agree with you that it takes courage to take these kinds of risk because it could've been a big loss if bitcoin didn't go the way it did

It would really takes courage for you to be able to sustain the temptations on selling your bitcoin because you hesitations would really distract you out specially when you saw bitcoins price is falling. Losses would really be there but for those people who bought on lower prices on previous years are now surely on profits.

[MMA]

Yeah holding bitcoin for long term is really a good way to make money because bitcoin getting more powerful and few month before bitcoin price was $500+ and now bitcoin price is about $900+ so i think that bitcoin will be more increasing its price .

holding bitcoin for a long time is a good idea, no doubt about but i think if you want to invest your bitcoin for a long time you need to invest a good amount of bitcoin, only a good amount of bitcoin will be worth for long term investment, because if you will invest a small amount of bitcoin for a long time it will only be the wastage of time, you will not get a good profit at all.

[acroman08]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

You are not right and I cannot agree with you. Both, Bitcoin and altcoins are dangerous for holding. Bitcoin price volatility makes it great for trading but not for investment. The same is about altcoins. You can invest in art, real estate but not in such a dangerous and very new technology that has no mainstream adoption, as cryptocurrencies. But you can speculate and earn some money

different people have different idea and view, may be you are right, but to me it think all type of trading and investment are risky either it is crypto currencies or real state. investment and trading are all round risky, but one can only make money if he has the courage to take the risk and without taking risk no one can make money not in real stacks not in crypto currencies.

you're right. imagine those people that bought bitcoin like two years ago and held on to them until now. Though it's really hard to say as we really wouldn't know then that bitcoin would go up this high is two years right? so I agree with you that it takes courage to take these kinds of risk because it could've been a big loss if bitcoin didn't go the way it did

It would really takes courage for you to be able to sustain the temptations on selling your bitcoin because you hesitations would really distract you out specially when you saw bitcoins price is falling. Losses would really be there but for those people who bought on lower prices on previous years are now surely on profits.

Agreed! but waiting is too boring for me, wouldn't it be boring if you're just holding your bitcoin and wait for the price to increase? wouldn't it be better if you keep your bitcoin circulating( like investing, trading, lending, service etc..). it may
not be the wisest way but as time goes on you will gain experience and can earn bitcoin easier and make a profit?
isn't it better rather than just waiting for the price of bitcoin to increase? I myself is exploring new ways of earning
bitcoin.

[scarface]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

You are not right and I cannot agree with you. Both, Bitcoin and altcoins are dangerous for holding. Bitcoin price volatility makes it great for trading but not for investment. The same is about altcoins. You can invest in art, real estate but not in such a dangerous and very new technology that has no mainstream adoption, as cryptocurrencies. But you can speculate and earn some money

different people have different idea and view, may be you are right, but to me it think all type of trading and investment are risky either it is crypto currencies or real state. investment and trading are all round risky, but one can only make money if he has the courage to take the risk and without taking risk no one can make money not in real stacks not in crypto currencies.

you're right. imagine those people that bought bitcoin like two years ago and held on to them until now. Though it's really hard to say as we really wouldn't know then that bitcoin would go up this high is two years right? so I agree with you that it takes courage to take these kinds of risk because it could've been a big loss if bitcoin didn't go the way it did

It would really takes courage for you to be able to sustain the temptations on selling your bitcoin because you hesitations would really distract you out specially when you saw bitcoins price is falling. Losses would really be there but for those people who bought on lower prices on previous years are now surely on profits.

Agreed! wouldn't it be boring if you're just holding your bitcoin and wait for the price to increase?
wouldn't it be better if you keep your bitcoin circulating( like investing, trading, lending, service etc..). it may
not be the wisest way but as time goes on you will gain experience and can earn bitcoin easier and make profit?
isn't it better rather than just waiting for the price of bitcoin to increase?

Holding bitcoins for a long term is a good choice as there is no risk involved in it of loosing them but it would be better if we use them in trading to multiply them in quick session and make regular profits as it will also increase the level of our coins in wallet and can be sold when price reaches to our desired level.

[morgand]

I dont think so, because price of bitcoin really unpredictable, at this moment we have to hold them for some month until end of the year as the price still stable. Keep up to date about bitcoin news. Spend your bitcoin when you think its time to sell it. An Issue about China and US made me didnt trust bitcoin going so well next year.

[czvezda]

I dont think so, because price of bitcoin really unpredictable, at this moment we have to hold them for some month until end of the year as the price still stable. Keep up to date about bitcoin news. Spend your bitcoin when you think its time to sell it. An Issue about China and US made me didnt trust bitcoin going so well next year.

Yes bitcoin is an unpredictable job and anything is possible in future and hold them for a long term can be risky as we don't know what will be the price of bitcoins in future so if the price of bitcoins is giving you good profits then you should sell them and rebuy them when price drops in future.

[angaper]

Yeah holding bitcoin for long term is really a good way to make money because bitcoin getting more powerful and few month before bitcoin price was $500+ and now bitcoin price is about $900+ so i think that bitcoin will be more increasing its price .

However, this same volatility does not seem a good sign when it comes to finding a safe haven for our money, thinking abut a safe return for the long term. If bitcoin still maintains the potential to grow by 80% in a few months, nothing would prevent it from falling by as much as 80% in a similar period of time, as we have eventually seen.

[revans]

If you have huge amount of coins saved in your wallet then it can be an best investment for the future but if you have 2 or 3 btc in wallet then it won't give you huge profits as price won't reach to millions in quick time so if you want to increase the level of coins in your wallet then better to invest them in trading and try to multiply them in a quick time.

[ironm@n]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

I think that as long as you have the tools to know which direction the price will take next, any asset can give good results in the short term, the problem is that altcoins are very unstable, and this increases the risk that there is panic selling in the market. In that sense, in fact, it is safer to hold Bitcoin if you want something less unstable, but it is possible to get good results in the short term as long as you are a good trader.

[TribalBob]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

I think that as long as you have the tools to know which direction the price will take next, any asset can give good results in the short term, the problem is that altcoins are very unstable, and this increases the risk that there is panic selling in the market. In that sense, in fact, it is safer to hold Bitcoin if you want something less unstable, but it is possible to get good results in the short term as long as you are a good trader.

Making good profits from bitcoins can be time consuming as price is stable at a moment and we don't know when the price will pump but if invested in right altcoins then it can give big profits in quick time but its a risky business to do but if you understand the chart and choose the right coin then you can expect some really good profits out of it.

[llanillo]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

I think that as long as you have the tools to know which direction the price will take next, any asset can give good results in the short term, the problem is that altcoins are very unstable, and this increases the risk that there is panic selling in the market. In that sense, in fact, it is safer to hold Bitcoin if you want something less unstable, but it is possible to get good results in the short term as long as you are a good trader.

Making good profits from bitcoins can be time consuming as price is stable at a moment and we don't know when the price will pump but if invested in right altcoins then it can give big profits in quick time but its a risky business to do but if you understand the chart and choose the right coin then you can expect some really good profits out of it.

Altcoin market is a risky place to invest and not all can succeed in making profits from it so the right decision would be to keep them safe in wallet for future and sell when its giving you a good profits and holding them for next 5 years can be really a good decision as price will be much higher by that point of time.

[richardsNY]

If you have huge amount of coins saved in your wallet then it can be an best investment for the future but if you have 2 or 3 btc in wallet then it won't give you huge profits as price won't reach to millions in quick time so if you want to increase the level of coins in your wallet then better to invest them in trading and try to multiply them in a quick time.

It's impossible to multiply your coins in a short time with trading without taking huge risks as in putting these coins into certain altcoins that you think may explode in value. I don't consider that to be trading anymore. It's gambling. If you're a conservative trader, then your priority is to avoid high risk trades that may result in you bringing yourself in unnecessary problems. If you gain like 5% per week, then you're doing quite a decent job. Calculate how much that would be at the end of the year. Conservative traders have the best returns.

[Shady]

Knowing Bitcoin always seems to stabilize higher, the returns are not only long term, but short term because of heightened spikes.

By no means are BTC + large cryptocurrencies the only options. Try for all aspiring small coins with potential.

[masterkiller]

I think holding bitcoins for a long term can be a really good decision to make but holding should be limited to maximum 5 years and not more then that bitcoin will surely survive for next 5 years but not sure whether it can sustain for next 15 to 20 years or not and price will be definitely higher in next 5 years so I think that would be the best time to sell bitcoins.

[slapper]

I think holding bitcoins for a long term can be a really good decision to make but holding should be limited to maximum 5 years and not more then that bitcoin will surely survive for next 5 years but not sure whether it can sustain for next 15 to 20 years or not and price will be definitely higher in next 5 years so I think that would be the best time to sell bitcoins.

Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain low

[marketone]

I think holding bitcoins for a long term can be a really good decision to make but holding should be limited to maximum 5 years and not more then that bitcoin will surely survive for next 5 years but not sure whether it can sustain for next 15 to 20 years or not and price will be definitely higher in next 5 years so I think that would be the best time to sell bitcoins.

Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain low

As of now bitcoin is leading currency where are many stores are being accepted, but in future there are many chances that bitcoin can replaced with other currency. But i hope bitcoin is one of leading currency of all other currency, zcash and etherium are even better as of now but it won't be stable like bitcoin.

[bitbob82]

I think holding bitcoins for a long term can be a really good decision to make but holding should be limited to maximum 5 years and not more then that bitcoin will surely survive for next 5 years but not sure whether it can sustain for next 15 to 20 years or not and price will be definitely higher in next 5 years so I think that would be the best time to sell bitcoins.

Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain low

As of now bitcoin is leading currency where are many stores are being accepted, but in future there are many chances that bitcoin can replaced with other currency. But i hope bitcoin is one of leading currency of all other currency, zcash and etherium are even better as of now but it won't be stable like bitcoin.

i will like to add that as we know that currently the price of bitcoin is trading above 900 USD therefore i think it will  be more effective if we go for long term investment . because short term investment can be a little be risky and specially if you do not have any experience in short term investment.

[Potato Chips]

I think holding bitcoins for a long term can be a really good decision to make but holding should be limited to maximum 5 years and not more then that bitcoin will surely survive for next 5 years but not sure whether it can sustain for next 15 to 20 years or not and price will be definitely higher in next 5 years so I think that would be the best time to sell bitcoins.

Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain low

As of now bitcoin is leading currency where are many stores are being accepted, but in future there are many chances that bitcoin can replaced with other currency. But i hope bitcoin is one of leading currency of all other currency, zcash and etherium are even better as of now but it won't be stable like bitcoin.

i will like to add that as we know that currently the price of bitcoin is trading above 900 USD therefore i think it will  be more effective if we go for long term investment . because short term investment can be a little be risky and specially if you do not have any experience in short term investment.

I think the others meant that even if the price of bitcoin keeps increasing in the past few years and now it doesn't mean that it

will also will in the future. They are aknowledging its risks that might happen. Yes short term investments require a decent

knowledge and experience but in my opinion if you have the two day trading with bitcoins is much more profitable than long

term which is you have to wait for a long time and day trading is not.

[Invester]

If this person is still holding his bitcoin from this date of post to now it's more than 400% of its value. Now I begin to think if it''s possible to begin saving my bitcoin and expecting it to grow as high as 400% before 2020 starts. 

[Catswold]

I think holding bitcoins for a long term can be a really good decision to make but holding should be limited to maximum 5 years and not more then that bitcoin will surely survive for next 5 years but not sure whether it can sustain for next 15 to 20 years or not and price will be definitely higher in next 5 years so I think that would be the best time to sell bitcoins.

Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain low

As of now bitcoin is leading currency where are many stores are being accepted, but in future there are many chances that bitcoin can replaced with other currency. But i hope bitcoin is one of leading currency of all other currency, zcash and etherium are even better as of now but it won't be stable like bitcoin.

i will like to add that as we know that currently the price of bitcoin is trading above 900 USD therefore i think it will  be more effective if we go for long term investment . because short term investment can be a little be risky and specially if you do not have any experience in short term investment.

Short term investments like altcoin trading can give you profits if you manage to deal with it in a proper way but there is no assurance that it will bring only profits for you it may also go in opposite direction and price of bitcoins is expected to go higher in future so best choice would be hold them for a longer period of time.