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

[thebatletbet]

maybe today is good time to buy bitcoin
you must have much bitcoin and long time hold is you want get much profit, because bitcoin price is low
under 1000 bitcoin, and my prediction in end year bitcoin price can incraese until reach 1500 dollar

[Ferris419]

maybe today is good time to buy bitcoin
you must have much bitcoin and long time hold is you want get much profit, because bitcoin price is low
under 1000 bitcoin, and my prediction in end year bitcoin price can incraese until reach 1500 dollar

That is a possibility that at the end of the year we may see price of $1500 and if it reaches there then make sure that you sell instead of waiting for the price to reach $2k as it may not reach there and it may again come down to $1200 or $1k as anything is possible with bitcoins so if it reaches to your target price then the best decision would be to sell your coins and grab the profits.

[pecson134]

I don't think holding bitcoin for a longtime can be beneficial on having a good way to make money unless the price of bitcoin will continue to rise steadily. But it the current status of bitcoin itself they tend to change everyday unpredictably and you can't anticipate on how it moves. It is better to play with the price through trading.

[Sled]

I don't think holding bitcoin for a longtime can be beneficial on having a good way to make money unless the price of bitcoin will continue to rise steadily. But it the current status of bitcoin itself they tend to change everyday unpredictably and you can't anticipate on how it moves. It is better to play with the price through trading.

You will not see good benefits at holding bitcoin for a long time if you are keep looking for the everyday changes on the price for bitcoin. If you want real profit i can say that it is good to hold bitcoin for long time because if you are a true trader and you know how to look at those candle stick charts then you will see that long term is always the best for real profit seekers and the current price now is promising for a next big profits just after a few months.

[Gaaara]

I first got bitcoin from withdrawing from gambling sites.  I deposited with another method but could withdraw bitcoin so i did it.  Around that time bitcoin was around $220 usd or so and when i got it, i would then trade it for poker funds from other person etc because I didn't want to hold the bitcoins due to reading about price fluctuations.  However, isn't the value of bitcoin almost always going to go up so its best to hold it?  I know last year it was $600 and the highest was when it was more than $1000 per bitcoin.  But since it is all the way down to $200-$300, isn't having bitcoin always good?  Could bitcoin go all the way to 0 soon?  I had thought hey if you get bitcoin when its $230 when the price stayed like that for a long time, thats great b/c very hard for it to go below $200 because i haven't seen that.  But even if it does, isn't it almost always going to rebound and go back up?  Last time i had btc and it was $230 or so and now it went up to $260.  So if you have say 100 bitcoins... well... thats a nice $3000 profit or so.


I'm sure there are ppl that have thousands or bitcoins right and just hold on to it?  And many that would sell btc immediately if prices go all the way up?  If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right?  However if they sell it via localbitcoins or other method, they are going to get a higher profit right?  However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.



In general, isn't holding BTC always a good thing since the price of it is pretty low now?  Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster.  But since its in the $200-$300 range, isn't having BTC always good?

Bitcoin is a good investment indeed but for now I don't think it is much applicable now because there is so many issues about bitcoin right now, and eth and other altcoins is getting a high price and demand while bitcoin price is going down, sure the bitcoin price now will rise its demand, but in future I couldn't say it might die but other cryptocurrency will occur with much better features than bitcoin.

[zidanw]

almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will

[Potato Chips]

I first got bitcoin from withdrawing from gambling sites.  I deposited with another method but could withdraw bitcoin so i did it.  Around that time bitcoin was around $220 usd or so and when i got it, i would then trade it for poker funds from other person etc because I didn't want to hold the bitcoins due to reading about price fluctuations.  However, isn't the value of bitcoin almost always going to go up so its best to hold it?  I know last year it was $600 and the highest was when it was more than $1000 per bitcoin.  But since it is all the way down to $200-$300, isn't having bitcoin always good?  Could bitcoin go all the way to 0 soon?  I had thought hey if you get bitcoin when its $230 when the price stayed like that for a long time, thats great b/c very hard for it to go below $200 because i haven't seen that.  But even if it does, isn't it almost always going to rebound and go back up?  Last time i had btc and it was $230 or so and now it went up to $260.  So if you have say 100 bitcoins... well... thats a nice $3000 profit or so.


I'm sure there are ppl that have thousands or bitcoins right and just hold on to it?  And many that would sell btc immediately if prices go all the way up?  If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right?  However if they sell it via localbitcoins or other method, they are going to get a higher profit right?  However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.



In general, isn't holding BTC always a good thing since the price of it is pretty low now?  Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster.  But since its in the $200-$300 range, isn't having BTC always good?

Bitcoin is a good investment indeed but for now I don't think it is much applicable now because there is so many issues about bitcoin right now, and eth and other altcoins is getting a high price and demand while bitcoin price is going down, sure the bitcoin price now will rise its demand, but in future I couldn't say it might die but other cryptocurrency will occur with much better features than bitcoin.

OP doesn't say anything about the long time thing and the uncertain things are true. Investing for a long time doesn't guarantee anything so you have

to plan everything to gain profits and as well as minimize its risks. For example, Investing for 1 or 2 years is less riskier than investing for 10 years

and up because the longer the time span, then many uncertain things will happen thats impossible to predict, although many people have said that

the longer your investment the bigger the profits.

[Ziskinberg]

almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will

It's better than gold actually because you can hold a small volume of bitcoins and expect to make a substantial income in the future. Gold never gave you
that opportunity as it requires a big amount of investment in order to avail if for yourself. With bitcoin if you feel bored of just holding, you can simply
trade a certain portion of what you have and you will have a chance to grow your volume as the value increases.

[iqlimasyadiqa]

almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will

but to achieve it we need great patience. sometimes bitcoin prices declined unexpectedly. like the last few days many people who do panic sell. whereas we just have to be patient, bitcoin prices increased again by itself.

[Natalim]

almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will

but to achieve it we need great patience. sometimes bitcoin prices declined unexpectedly. like the last few days many people who do panic sell. whereas we just have to be patient, bitcoin prices increased again by itself.

That's the main thing that you should do, regardless of the amount you invested you have to understand that the price of bitcoin does not only move in your favor, sometimes there is a dump because of some serious possible reason, however this would not last and believe in that.

Believing is very important as well but it should be properly supported with relevant information as we are investing based on our belief on information that we read in about the entire market of bitcoin.

[aardvark15]

almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will

but to achieve it we need great patience. sometimes bitcoin prices declined unexpectedly. like the last few days many people who do panic sell. whereas we just have to be patient, bitcoin prices increased again by itself.

That's the main thing that you should do, regardless of the amount you invested you have to understand that the price of bitcoin does not only move in your favor, sometimes there is a dump because of some serious possible reason, however this would not last and believe in that.

Believing is very important as well but it should be properly supported with relevant information as we are investing based on our belief on information that we read in about the entire market of bitcoin.

Long term holding should give profits. The reason people trade is to potentially gain even more. For example if Bitcoin doubled in price then you double your money, but if you also doubled the number of Bitcoins you owned through trading, then you have 4 times the original investment.

[Authority9]

This is a great environment to be a swing trader rather than a Hodler until the BU controversy settles

[1ANHEQIAO]

most definitely, yes. compared to other investments bitcoin has way more room for great profits. but the only thing is that most people can't hold their coins for long. as soon as they see the price increased with 50%, they will sell.

[molsewid]

It is good when you bough bitcoin when the price is in crisis since im ding this yearly i always keep on eye on the bitcoin graph to know when to buy bitcoin and to know when to hold them for long always keep on update to exchanger website cause anytime price can be change instantly.

[iqlimasyadiqa]

almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will

but to achieve it we need great patience. sometimes bitcoin prices declined unexpectedly. like the last few days many people who do panic sell. whereas we just have to be patient, bitcoin prices increased again by itself.

That's the main thing that you should do, regardless of the amount you invested you have to understand that the price of bitcoin does not only move in your favor, sometimes there is a dump because of some serious possible reason, however this would not last and believe in that.

Believing is very important as well but it should be properly supported with relevant information as we are investing based on our belief on information that we read in about the entire market of bitcoin.

yes true, one thing to note is the movement of the price of bitcoin. there must be a special way to be able to read the movement of the chart. because with it we can achieve satisfactory results.

[ultrloa]

It is good when you bough bitcoin when the price is in crisis since im ding this yearly i always keep on eye on the bitcoin graph to know when to buy bitcoin and to know when to hold them for long always keep on update to exchanger website cause anytime price can be change instantly.

Its good thing to follow the bitcoins price but i usually not a fan for holding my coins for long time period and my habit for it is doing some short trades and earn some money from its upwards and downward state. And i doesn't truly care for the fuds since the one i need is immediate money to gain on.

[ilovefeetsmell]

I first got bitcoin from withdrawing from gambling sites.  I deposited with another method but could withdraw bitcoin so i did it.  Around that time bitcoin was around $220 usd or so and when i got it, i would then trade it for poker funds from other person etc because I didn't want to hold the bitcoins due to reading about price fluctuations.  However, isn't the value of bitcoin almost always going to go up so its best to hold it?  I know last year it was $600 and the highest was when it was more than $1000 per bitcoin.  But since it is all the way down to $200-$300, isn't having bitcoin always good?  Could bitcoin go all the way to 0 soon?  I had thought hey if you get bitcoin when its $230 when the price stayed like that for a long time, thats great b/c very hard for it to go below $200 because i haven't seen that.  But even if it does, isn't it almost always going to rebound and go back up?  Last time i had btc and it was $230 or so and now it went up to $260.  So if you have say 100 bitcoins... well... thats a nice $3000 profit or so.


I'm sure there are ppl that have thousands or bitcoins right and just hold on to it?  And many that would sell btc immediately if prices go all the way up?  If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right?  However if they sell it via localbitcoins or other method, they are going to get a higher profit right?  However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.



In general, isn't holding BTC always a good thing since the price of it is pretty low now?  Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster.  But since its in the $200-$300 range, isn't having BTC always good?

In my own opinion, it's better to hold bitcoin nowadays. We know how to fluctuate the price of bitcoin now but in the end, it will go up. It always good for having btc even it is pretty low now. We all know that it will go up after awhile. Don't be worried about that. All our hard work have a good return.Maybe now it is too low but after a moment it is too high. Just save your bitcoin for your future.

[Trongersoll]

almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will

Yes, holding bitcoin is always best option or atleast for this situation it is a good choice to hold the btc. Just check the price of last year by this time it was somewhere 450 but now the price if it is 990 in a year so you can understand how well the btc has progressed in the market.
my advice to all the people who has this doubt holding is nothing but a best way of investment in the btc. so try to hold to get the best benefit on the future.

[mrcash02]

almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will

Yes, holding bitcoin is always best option or atleast for this situation it is a good choice to hold the btc. Just check the price of last year by this time it was somewhere 450 but now the price if it is 990 in a year so you can understand how well the btc has progressed in the market.
my advice to all the people who has this doubt holding is nothing but a best way of investment in the btc. so try to hold to get the best benefit on the future.

It's good principally for newbies who are starting buying Bitcoins now and don't know how to trade, how to invest in legit sites. They can just hold the BTCs and make profit by selling it in the future when the price hits interesting values. It's the most safe way to make profit with Bitcoins.

But now we must watch the news and see what will happen after the hardfork, it's unpredictable and I think many people are waiting this issue be solved to start buying BTCs again.

[ManOnTheMoon]

almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will

Yes, holding bitcoin is always best option or atleast for this situation it is a good choice to hold the btc. Just check the price of last year by this time it was somewhere 450 but now the price if it is 990 in a year so you can understand how well the btc has progressed in the market.
my advice to all the people who has this doubt holding is nothing but a best way of investment in the btc. so try to hold to get the best benefit on the future.

But a person who has bought at the price of $450 last year will prefer to sell his bitcoins even at current price as its already giving him almost double profits so I don't think there is anything wrong in selling bitcoins as the ultimate purpose of investing in bitcoins is to make profits from it which is possible even if he sell his bitcoins now.