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

[grandy]

Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.

yes currently it is really a good way of making money, specially right now when the price of bitcoin is continuously increasing and it is expected that the price will very soon reach to a very very high price. may be this time cross 1500 USD. so investment at this stage will be a good decision.

[Ewinsane]

Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.

I think so, Holding bicoin is a great way to get a lot of profit in the longterm
Holding them a few years to make a lot of money.

you are right that holding bitcoin is very good way to get profit but if we hold our bitcoin in half amount and other half amount bitcoin invest in altcoin then we will be gain more big profit through altcoin trading and we know that trading is much more good way to make profit in short time than holding of bitcoin. 

[geopolisch]

It needs time and patience for a long term investments but worth the risk. It's already proven on this years that holding your bitcoin will give you a huge profit. Congratulations for those who hold their bitcoins for a long time, we don't know that this is just the beginning of Bitcoin's Year. It's not too late to buy some bitcoins and hold for a long time and sell it at the right time.

You are right this is bitcoin's year as you could tell by the price it had this. I still think it is worth purchasing bitcoin at this price because my predictions for this year is bitcoin can easilu reach 1500$++ by the end of this year or maybe $2000+ if china government doesn't interfere as they have been doing.
And also the original post you did tell that that you bought at 200$ and you can see the price now so I think you can see the potential of it and selling it just because you in profit is not recommended unless you need it for an emergency.

I thought the issues with China would have caused a bearish run for the long haul, I was quite surprised to see that it picked back up again.

It just goes to show that Bitcoin is much bigger than China or anyone country.

The issue I see right now is the scaling, there's so much BTC caught up in the system and it's taking ever longer for BTC to pass through the network.

A number of times now I've been waiting close to 24 hours and that's with increasing my payout fee.

If they don't fix this soon, that could be the death of BTC. Another crypto could easily come along and take it's place if the community don't agree on implementing something to solve the scaling issue.

I personally believe in BTC with my heart and soul and hold about 2.1 BTC atm in the hope it will double by the end of the year, however the scaling issue is the biggest threat to the value of BTC right now.

Nope i don't think any other coin currently has the potential to take over bitcoin no matter what happens. And if you also see there are very less people who actually use bitcoin for purchasing something most of them have just bought bitcoins and forgot about it. The fall of bitcoin can take 20-40 years or maybe more.

Maybe that is true, but that does not ignore the fact that bitcoin is becoming more and more harder to get and new people who are going want to use bitcoin will have hard time getting it, and mining has become more and more harder each time there is a halving, so people will start looking for an alternative in 5 or 6 years and then we will see a peak in the price of these altcoins.

In recent times, no other investment matched with bitcoin's ROI. Bitcoin gained the top position in best performing currency list. Hence, without doubts holding bitcoin must be the best way to make more money.

[MONKEYJUNK]

Yes holding bitcoin for long time is a very good way to earn more money but you should have that patience to hold your coins. normally people just keep spending their coins and trade a lot because they think they can earn more money in very less time. this is a problem with most of us.

[avatar_kiyoshi]

Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.

I think so, Holding bicoin is a great way to get a lot of profit in the longterm
Holding them a few years to make a lot of money.

you are right that holding bitcoin is very good way to get profit but if we hold our bitcoin in half amount and other half amount bitcoin invest in altcoin then we will be gain more big profit through altcoin trading and we know that trading is much more good way to make profit in short time than holding of bitcoin. 

Yes, trading can grow your money, but first you must research before invest in altcoin, understand how the risk and can manage such a risk.
If don't have a capability to do that better to hold all amount of btc.

[doomloop]

Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.

I think so, Holding bicoin is a great way to get a lot of profit in the longterm
Holding them a few years to make a lot of money.

you are right that holding bitcoin is very good way to get profit but if we hold our bitcoin in half amount and other half amount bitcoin invest in altcoin then we will be gain more big profit through altcoin trading and we know that trading is much more good way to make profit in short time than holding of bitcoin. 

Yes, trading can grow your money, but first you must research before invest in altcoin, understand how the risk and can manage such a risk.
If don't have a capability to do that better to hold all amount of btc.

you are right that trading is the good way to grow up your money and you are right that research is very important before investment and bitcoin trading is very safe than other coins because bitcoin is very stronger currency than other coins.

[wahb]

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

It is true that holding Bitcoin for a long term is a great investment, but it is not that easy, the fluctuations will make you change your emotions in a second. You need to have patience and you should not react to small fluctuations of the day to day market.

But, for getting best investment with Bitcoin, it's not just for long term.
We can see, how about the price of Bitcoin in last week or last month. Isn't very increase value?

yes i think depending on you luck, if you are a lucky person then can make good money from trading. i think  if you are going for trading but i actually the examin trading and its new boos f

[JeffBrad12]

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

It is true that holding Bitcoin for a long term is a great investment, but it is not that easy, the fluctuations will make you change your emotions in a second. You need to have patience and you should not react to small fluctuations of the day to day market.

But, for getting best investment with Bitcoin, it's not just for long term.
We can see, how about the price of Bitcoin in last week or last month. Isn't very increase value?

In this case, the power of the rumour to pumping the price of bitcoin has really needed.   

Every time more and more good news for bitcoin is always appearing but I was also realizing if the condition of bitcoin is getting more strong everytime.

[giveen]

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

Yes that actually the truth I have seen many people who just bought bitcoins 3 months ago and they are so happy that they got 230$ profit. If someone is planning to do short term trading it wouldn't be very beneficial but long term can be really profitable as by now some people will have almost tripled their investment who bought during the bitfinex hack.

[elyas772]

how much money you can holding for long time? are you didnt have any needs ? 

[hurain]

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

It is true that holding Bitcoin for a long term is a great investment, but it is not that easy, the fluctuations will make you change your emotions in a second. You need to have patience and you should not react to small fluctuations of the day to day market.

But, for getting best investment with Bitcoin, it's not just for long term.
We can see, how about the price of Bitcoin in last week or last month. Isn't very increase value?

yes i think depending on you luck, if you are a lucky person then can make good money from trading. i think  if you are going for trading but i actually the examin trading and its new boos f

not only luck but experience an skill is also important in gambling. because in some types of gambling we nee to use our skill and experience because our skill and experience is also importnat in gambling.

[pinkpanther03]

I don't see any wrong if you hold bitcoin for a long period of time. As much as you see there's a lot of community continually patronizing our bitcoin, it is still a good way to save more and buy more. Besides this for us anyway

[bitbunnny]

Many times so far it turned out that holding Bitcoins long time is smart decision and current price confirms that. Users who were patient enough have profited now.
Bitcoin market changes, has ups and downs but it's important not to fall for feelings every time but keep the cool head and make good decisions.

[Sled]

Many times so far it turned out that holding Bitcoins long time is smart decision and current price confirms that. Users who were patient enough have profited now.
Bitcoin market changes, has ups and downs but it's important not to fall for feelings every time but keep the cool head and make good decisions.

A true long term trader doesn't care about the current problems or even the high price because he knows that the price will go even higher after few years and that is when he will go selling if the price doubled or tripled the current price now. Long term is the best way to make profit in bitcoin especially if you buy a lot of bitcoins now and then sell it after 4-5 years.

[ethereumhunter]

Many times so far it turned out that holding Bitcoins long time is smart decision and current price confirms that. Users who were patient enough have profited now.
Bitcoin market changes, has ups and downs but it's important not to fall for feelings every time but keep the cool head and make good decisions.

A true long term trader doesn't care about the current problems or even the high price because he knows that the price will go even higher after few years and that is when he will go selling if the price doubled or tripled the current price now. Long term is the best way to make profit in bitcoin especially if you buy a lot of bitcoins now and then sell it after 4-5 years.

depend on this situation, i am sure that long term trader will have big profit in their wallet because i think they buy bitcoin from cheap price and now when they see the price is increase, they will be happy and have a big smile, they will talk to other people that holding bitcoin for a long term is the best thing that we can do. i am sure that in out there, many people is holding their bitcoin from a long time ago and they have much of bitcoin in their wallet and they are waiting good price like now to sell the bitcoin.

[stadus]

Many times so far it turned out that holding Bitcoins long time is smart decision and current price confirms that. Users who were patient enough have profited now.
Bitcoin market changes, has ups and downs but it's important not to fall for feelings every time but keep the cool head and make good decisions.

A true long term trader doesn't care about the current problems or even the high price because he knows that the price will go even higher after few years and that is when he will go selling if the price doubled or tripled the current price now. Long term is the best way to make profit in bitcoin especially if you buy a lot of bitcoins now and then sell it after 4-5 years.

depend on this situation, i am sure that long term trader will have big profit in their wallet because i think they buy bitcoin from cheap price and now when they see the price is increase, they will be happy and have a big smile, they will talk to other people that holding bitcoin for a long term is the best thing that we can do. i am sure that in out there, many people is holding their bitcoin from a long time ago and they have much of bitcoin in their wallet and they are waiting good price like now to sell the bitcoin.

I'm sure they don't think that way, they can make good profit but they will not share their formula to be profitable. They think that it's better to keep it themselves so they can abuse it and they will be richer as bitcoin is existing.

People who can afford to invest a good amount of capital but not a big risk takers will not get the best profit in trading, this is the place for risk takers.

[EdenHazard]

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

Yes that actually the truth I have seen many people who just bought bitcoins 3 months ago and they are so happy that they got 230$ profit. If someone is planning to do short term trading it wouldn't be very beneficial but long term can be really profitable as by now some people will have almost tripled their investment who bought during the bitfinex hack.

it is looks like bitcoin have a gradual growth recently , since last year the price keep spiking. from $500 to $1200 now , and as what a lot of people have said that the bitcoin price will reach $2000 at least in the end of this year which now it looks realistic.

first 3 months of 2017 we have got around $500 increment as profit for those people who hold bitcoin for long time.

[Sled]

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

Yes that actually the truth I have seen many people who just bought bitcoins 3 months ago and they are so happy that they got 230$ profit. If someone is planning to do short term trading it wouldn't be very beneficial but long term can be really profitable as by now some people will have almost tripled their investment who bought during the bitfinex hack.

it is looks like bitcoin have a gradual growth recently , since last year the price keep spiking. from $500 to $1200 now , and as what a lot of people have said that the bitcoin price will reach $2000 at least in the end of this year which now it looks realistic.

first 3 months of 2017 we have got around $500 increment as profit for those people who hold bitcoin for long time.

That was a huge increase for the bitcoin price since last then. 2000$ market price for bitcoin is very easy to approach because even we are not in the 1/2 of this year we are already reaching almost 1,300$ price for bitcoin and that was a good sign that the price will go the moon soon if the markets will be stable and the long term hodlers will continue to hodl their coin so there is nothing to worry about like dumps that may cause of unloading bags.

[arestrader]

I think if ETFs will be approved in two years we will see the bitcoin 5k .there will be investments from all companies on the planet

[bitllionaire]

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

It is true that holding Bitcoin for a long term is a great investment, but it is not that easy, the fluctuations will make you change your emotions in a second. You need to have patience and you should not react to small fluctuations of the day to day market.

But, for getting best investment with Bitcoin, it's not just for long term.
We can see, how about the price of Bitcoin in last week or last month. Isn't very increase value?

yes i think depending on you luck, if you are a lucky person then can make good money from trading. i think  if you are going for trading but i actually the examin trading and its new boos f

not only luck but experience an skill is also important in gambling. because in some types of gambling we nee to use our skill and experience because our skill and experience is also importnat in gambling.

that is right in sports gambling, horse racing and jeep racing etc we need our experience and analysis. while in gambling in other gambling games like dice games and slots games we do not need for any analysis or experience in such games, because these games totally depend on our luck and if we are lucky then we will make money here and if we are not luck then we cannot make money from gambling.