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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368852 times)
axorb
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March 05, 2017, 03:56:31 PM
 #2021

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

If we are lucky than we make money in every field of business, than we are not thinking we do trading, and etc. But we realize about luck only when we have been taken risk, before it how could we judgement that we are lucky or not?
But about the thread, better is that hold the bitcoin because bitcoin has a good price now and it has no problem if we hold the bitcoin for a long time. 

You can hold some of them and rest can be invested in trading to multiply them quicker as holding will give you profits if price goes higher in future and it will make your coins sit idle in your wallet so its good make a try to multiply them with trading.
fullypak
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March 05, 2017, 05:18:42 PM
 #2022

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

If we are lucky than we make money in every field of business, than we are not thinking we do trading, and etc. But we realize about luck only when we have been taken risk, before it how could we judgement that we are lucky or not?
But about the thread, better is that hold the bitcoin because bitcoin has a good price now and it has no problem if we hold the bitcoin for a long time. 

You can hold some of them and rest can be invested in trading to multiply them quicker as holding will give you profits if price goes higher in future and it will make your coins sit idle in your wallet so its good make a try to multiply them with trading.

You are right, if we simply hold our coins in our wallets, it's no use. Atleast do any business with your half of bitcoins and make your investment double. But here risk also there you may lose your money if you choose to trade. Because it depends on market price if your bad luck the price went down you will lose money and also you will miss right chance to sell your coin. So holding bitcoin for a long time is not 100% worth.
cyclotronmajesty
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March 05, 2017, 05:58:02 PM
 #2023

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

If we are lucky than we make money in every field of business, than we are not thinking we do trading, and etc. But we realize about luck only when we have been taken risk, before it how could we judgement that we are lucky or not?
But about the thread, better is that hold the bitcoin because bitcoin has a good price now and it has no problem if we hold the bitcoin for a long time. 

You can hold some of them and rest can be invested in trading to multiply them quicker as holding will give you profits if price goes higher in future and it will make your coins sit idle in your wallet so its good make a try to multiply them with trading.

You are right, if we simply hold our coins in our wallets, it's no use. Atleast do any business with your half of bitcoins and make your investment double. But here risk also there you may lose your money if you choose to trade. Because it depends on market price if your bad luck the price went down you will lose money and also you will miss right chance to sell your coin. So holding bitcoin for a long time is not 100% worth.

Price may fall down in future so in that case holding will not be useful as you again need to wait longer to see higher price and no one knows how long it will take to go price higher so its always good to invest your coins and try to double them so even if price goes lower you would be holding more amount of coins.



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giveen
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March 06, 2017, 05:19:49 AM
 #2024

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.
Yeah that totally true and the price growth is really stable as far now. I'm only scared about 2 things currently :
First that China has done anything in a while I hope they don't interfere because the stability maybe lost
Second the price should grow to fast as that will cause a problem in future for the coin.
gribble
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March 06, 2017, 06:39:58 AM
 #2025

I don't think holding bitcoin a long time good way to make money, but holding bitcoin a long time is good for saving the money,
 because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.
ASHLIUSZ
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March 06, 2017, 08:25:21 AM
 #2026

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.
Yeah that totally true and the price growth is really stable as far now. I'm only scared about 2 things currently :
First that China has done anything in a while I hope they don't interfere because the stability maybe lost
Second the price should grow to fast as that will cause a problem in future for the coin.
Right now price stability is quite good. Nothing to fear of anything at the moment, because China won't interfere in it and even it tries to head up big impact won't get experienced on the price. Growing fast steeper gives sudden and unexpected down fall. This time the price grew periodically as well gaining stability at certain time interval.
Ultrasound
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March 07, 2017, 07:56:04 AM
 #2027

I don't think holding bitcoin a long time good way to make money, but holding bitcoin a long time is good for saving the money,
 because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.

Bitcoin is not only a saving, but a good investment. It will rise a lot in the future.
EdenHazard
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March 07, 2017, 06:57:45 PM
 #2028

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.
a lot of holder won't have big impact into bitcoin market growth , the merchant adoption will be the highest impact . so let's hope for a lot of business starts accepting bitcoin soon during this year , especially when a big company like origin, ebay or any online marketplace accept bitcoin.

the spikes will continue , the price skyrocketed and bitcoin unstoppable as the best investment option and as payment processor at once.

.
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Sled
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March 07, 2017, 07:51:34 PM
 #2029

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.
a lot of holder won't have big impact into bitcoin market growth , the merchant adoption will be the highest impact . so let's hope for a lot of business starts accepting bitcoin soon during this year , especially when a big company like origin, ebay or any online marketplace accept bitcoin.

the spikes will continue , the price skyrocketed and bitcoin unstoppable as the best investment option and as payment processor at once.
That is right big companies like ebay especially those online websites if they start accepting bitcoin then it will create a big hype for the users and other people because it will attract them to buy and use bitcoin because they will see a wide range of adoption and the price will continue in rising and it will be great and unstoppable.
carlerha
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March 07, 2017, 09:43:28 PM
 #2030

I don't think holding bitcoin a long time good way to make money, but holding bitcoin a long time is good for saving the money,
 because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.

Bitcoin is not only a saving, but a good investment. It will rise a lot in the future.
yes that is very right to say and that is the reason that long term investment is the best option to make money from trading. and specially in  present time when the price of bitcoin is trading above 1250 USD level i think long term investment is a safe investment.
agamasrori
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March 08, 2017, 02:50:07 AM
 #2031

I don't think holding bitcoin a long time good way to make money, but holding bitcoin a long time is good for saving the money,
 because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.
I agree with your statement about saving money in the form of bitcoin is the best way, we can avoid inflation and control of the government, but for some people bitcoin volatility is too high so they're a little afraid to store large amounts of bitcoin. but if the goal is fiat then save bitcoin is a good investment to get more fiat


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gribble
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March 08, 2017, 12:53:21 PM
 #2032

I don't think holding bitcoin a long time good way to make money, but holding bitcoin a long time is good for saving the money,
 because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.

Bitcoin is not only a saving, but a good investment. It will rise a lot in the future.
Yes you are right if you make investments into bitcoin for long time, it will be rise a lot in the future,
but it will not make money, you can not get income with holding bitcoin a long time.
But your values of bitcoin will increase in the future, it is mean saving money in bitcoin,
you did not see the title this thread, I will make clear for you with bold Is Holding Bitcoin a long time good way to make money?
 Grin
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March 08, 2017, 11:44:23 PM
 #2033

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.
a lot of holder won't have big impact into bitcoin market growth , the merchant adoption will be the highest impact . so let's hope for a lot of business starts accepting bitcoin soon during this year , especially when a big company like origin, ebay or any online marketplace accept bitcoin.

the spikes will continue , the price skyrocketed and bitcoin unstoppable as the best investment option and as payment processor at once.
That is right big companies like ebay especially those online websites if they start accepting bitcoin then it will create a big hype for the users and other people because it will attract them to buy and use bitcoin because they will see a wide range of adoption and the price will continue in rising and it will be great and unstoppable.
i think the trend of accepting bitcoin by the big companies will start very soon. Big companies have start thinking about accepting bitcoin in their companies and specially for online purpose bitcoin is the best option for them to use bitcoin. i think in next few years the use of bitcoin will become so common that we will even use bitcoin in local shops also.
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March 09, 2017, 05:39:46 AM
 #2034

Holding Bitcoin is right thing. But, you cannot get any profit from holding. But, if you make some other investments or trading will give some amount daily. Now a days Bitcoin values are raising very high. So, lot of peoples adopting cryptocurrencies. so, you could create or implement your new ideas to increase your earnings. Otherwise holding Bitcoin is a stone in the sea.
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March 09, 2017, 07:17:51 AM
 #2035

I'd say simply holding onto bitcoin isn't of much use by itself.
Sure, you could sell when the market value is really high.
But instead of that, you can do much better by following the value every day.
A dip in prices should entice you to buy, and when there's even a small increase:
Sell! Exchange between bitcoin and alt coin to maximize the profit.

Or one could do as I did, which is to buy some bitcoin, keep most of it locked away.
The remaining portion, sell it if the price seems low enough.
If the prices are lower by 3-4$ than from when I bought em, I'll go and buy some new ones.

But the portion which is being saved is still accumulating and I don't want to sell that yet.
Probably will do once the market price around 2000$ or so, which it seems to be heading to.
This year certainly seems promising
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March 09, 2017, 08:05:44 AM
 #2036

Holding Bitcoin is right thing. But, you cannot get any profit from holding. But, if you make some other investments or trading will give some amount daily. Now a days Bitcoin values are raising very high. So, lot of peoples adopting cryptocurrencies. so, you could create or implement your new ideas to increase your earnings. Otherwise holding Bitcoin is a stone in the sea.
So what is your purpose in holding then? From what I know, we are holding bitcoins because we are hoping that the increase in value will give us profit.
I believe in holding in the long term because it has been proven to be effective and the early adopters can share their experience of success about this matter.

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richardsNY
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March 09, 2017, 06:26:54 PM
 #2037

Holding Bitcoin is right thing. But, you cannot get any profit from holding. But, if you make some other investments or trading will give some amount daily. Now a days Bitcoin values are raising very high. So, lot of peoples adopting cryptocurrencies. so, you could create or implement your new ideas to increase your earnings. Otherwise holding Bitcoin is a stone in the sea.
So what is your purpose in holding then? From what I know, we are holding bitcoins because we are hoping that the increase in value will give us profit.
I believe in holding in the long term because it has been proven to be effective and the early adopters can share their experience of success about this matter.

I think he meant to say that holding won't gain you anything in the way that it increases the number of your coins. It's basically like this -- if the price of Bitcoin goes down, a lot people think they suffered a loss, but in reality they haven't lost anything. They only lose if they sell their coins at a price lower than where they bought at. That basically also applies on making profit. You only make profit when you sell your coins.
fkod
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March 09, 2017, 08:30:30 PM
 #2038

I not dare investing btc long time. Maybe btc have big opportunity but requires big patience.
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March 17, 2017, 10:53:54 AM
 #2039

I not dare investing btc long time. Maybe btc have big opportunity but requires big patience.

Just hold the coins. When the price is down, buy more.
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March 17, 2017, 12:20:08 PM
 #2040

Holding bitcoin is a good choice for your investment but you must sold some of it for you to earn profit also. It is right that you hold your bitcoin but I suggest not all of it for you to invest some in trading altcoin. Much better not to put all your bitcoin in one spread your money in some investment.
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