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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368408 times)
Sled
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April 30, 2017, 12:57:08 AM
 #2121

If the Bitcoin's price increase with time as expected so holding Bitcoin a long time worth this, but if the prices get down for any reason we will lose,. i think its depending in the future prices..

but isn't bitcoin is currency so 1 btc will be always 1 btc, unfortunately we don't look in that way, we just want fiat currency so we calculate profit and loss in fiat currency only. so bitcoin became an investment for many

One thing is very important, when the price is going down, you will not lose anything. You just need to make sure you don't sell your coins. As long as you don't sell them, you won't lose anything. It may feel like you are losing, but it's not the case.

YOu said was right mate, as long as your not selling your coins you will never be lose, because it maybe drop the price but it can recover sonner or later. Like what happen on ETF if you remember, bitcoin dropped into below 900$ after being denied by the SEC and now look at the price value we are already resume at more than 1300$. So, holding bitcoin is very profitable.

Yup now it's increasing very fast, yesterday it was around $1270+, but now it's crossed $1315 i think very soon it will hit 1500$. So holding bitcoin for some time is a good decision. But you should put one eye on this price because we don't know when the price will go down.

Right now its touching 1350$ price and traders are going crazy like last time. BTC holders will be holding Bitcoins tight as its getting predicted as another pump of 1500$ or more. Want to sell some of my BTC as I had bought at 1100$ price range.
The bitcoin price movement is great. There was a significant increase. Holding is indeed the best way.
We can see that in the future there will be another rise. All we have to do is be patient and also careful in doing the action.
i am also in favour of long term investment, because in long term invedstment there are very little chances to lose your money.
That is right, do not settle for short term investment because short term investment is just like gambling because you are too greedy to sell and you are holding your coins for a short time while in long term you are settle for big income and whatever happens now it doesn't matter because long term is all about future.
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yrreg ger
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April 30, 2017, 04:29:36 AM
 #2122

No doubt, hold bitcoin start from now is a good invest way!
Your correct, investing is a good way to earn a profit especially when you invest it using a bitcoin. The chances in investing your money using bitcoin is very high because of being not stable of prices. They need to wait the right time at the better prices to get a profit. Investing is for securing the future to use to make sure a success then to do that I think this time is the right time. Because when bitcoin dump it is easy to recover and then it increase and increase and gives much better price.

Bitcoin is a very helpful in every one who have this. We are lucky at this times because of the high price between dollar or other currency.
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April 30, 2017, 06:41:58 AM
 #2123

i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

I don't think its too risky, Because I know when bitcoin was 200$ all Bitcoin user who bought at that price value and now the value price of bitcoin is 1310$ they've already have a profit of 1100$, which means it is proven that holding bitcoin in long term basis is very profitable way.
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April 30, 2017, 08:21:27 AM
 #2124

If the Bitcoin's price increase with time as expected so holding Bitcoin a long time worth this, but if the prices get down for any reason we will lose,. i think its depending in the future prices..

but isn't bitcoin is currency so 1 btc will be always 1 btc, unfortunately we don't look in that way, we just want fiat currency so we calculate profit and loss in fiat currency only. so bitcoin became an investment for many

One thing is very important, when the price is going down, you will not lose anything. You just need to make sure you don't sell your coins. As long as you don't sell them, you won't lose anything. It may feel like you are losing, but it's not the case.

you have a point though, if you dont sell your  bitcoin you would not suffer  such loss because  you didnt exchange it to fiat. As long as you hold it   you wont suffer lose in any way and also we could  wait  as long as we want and  we have the  will  on when we would  sell our  bitcoin as we see that the price is  profitable enough to sell our coins.
Correct, Holding it in a long term  basis was really profitable. Just make sure that you will become patience while holding your coin whether Bitcoin or altcoin. Don't get attempt to sell it early in a small profit.
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April 30, 2017, 12:18:45 PM
 #2125

If the Bitcoin's price increase with time as expected so holding Bitcoin a long time worth this, but if the prices get down for any reason we will lose,. i think its depending in the future prices..

but isn't bitcoin is currency so 1 btc will be always 1 btc, unfortunately we don't look in that way, we just want fiat currency so we calculate profit and loss in fiat currency only. so bitcoin became an investment for many

One thing is very important, when the price is going down, you will not lose anything. You just need to make sure you don't sell your coins. As long as you don't sell them, you won't lose anything. It may feel like you are losing, but it's not the case.

you have a point though, if you dont sell your  bitcoin you would not suffer  such loss because  you didnt exchange it to fiat. As long as you hold it   you wont suffer lose in any way and also we could  wait  as long as we want and  we have the  will  on when we would  sell our  bitcoin as we see that the price is  profitable enough to sell our coins.
Correct, Holding it in a long term  basis was really profitable. Just make sure that you will become patience while holding your coin whether Bitcoin or altcoin. Don't get attempt to sell it early in a small profit.
Holding in a long term is good if you have a lot of extra money for bitcoin, this is good for people who set aside some amount of their retirement as we can always consider as a form of retirement. But, this is only for people who are willing to take risk as anything can happen and everyday there's a risk.


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SoulBargain
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April 30, 2017, 12:36:35 PM
 #2126

If the Bitcoin's price increase with time as expected so holding Bitcoin a long time worth this, but if the prices get down for any reason we will lose,. i think its depending in the future prices..

but isn't bitcoin is currency so 1 btc will be always 1 btc, unfortunately we don't look in that way, we just want fiat currency so we calculate profit and loss in fiat currency only. so bitcoin became an investment for many

One thing is very important, when the price is going down, you will not lose anything. You just need to make sure you don't sell your coins. As long as you don't sell them, you won't lose anything. It may feel like you are losing, but it's not the case.

you have a point though, if you dont sell your  bitcoin you would not suffer  such loss because  you didnt exchange it to fiat. As long as you hold it   you wont suffer lose in any way and also we could  wait  as long as we want and  we have the  will  on when we would  sell our  bitcoin as we see that the price is  profitable enough to sell our coins.
Correct, Holding it in a long term  basis was really profitable. Just make sure that you will become patience while holding your coin whether Bitcoin or altcoin. Don't get attempt to sell it early in a small profit.
Holding in a long term is good if you have a lot of extra money for bitcoin, this is good for people who set aside some amount of their retirement as we can always consider as a form of retirement. But, this is only for people who are willing to take risk as anything can happen and everyday there's a risk.
As you treat this like an investment then invest what you are ready to lose since there is no definite thing that can help us to forecast whether the price will go up or down. It os better to fill yourself with the recent news regarding Bitcoin or any alt coin you have invested it that will help and guide you in making decisions and taking risks.

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April 30, 2017, 11:11:59 PM
 #2127

I think it is a good Buy and Hold. The Bitcoin graph shows like we will not see $800 again. The lowest that it can drop is at $900 ish then go back up. Sure the closer we are coming to mining 21 Million bitcoin the rarer it will be and the higher the price. It is alway's best to use money that you CAN afford to lose.

Well upon checking the price we are now at the $1,390+ and if you did bought some of it at lower price then you are now having a very good taste of profit. That is also affecting, we are getting closer to the supply limit of bitcoin and that is now giving us an assurance that is going to make the price higher as we are expecting.




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Sled
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May 01, 2017, 02:59:34 AM
 #2128

I think it is a good Buy and Hold. The Bitcoin graph shows like we will not see $800 again. The lowest that it can drop is at $900 ish then go back up. Sure the closer we are coming to mining 21 Million bitcoin the rarer it will be and the higher the price. It is alway's best to use money that you CAN afford to lose.

Well upon checking the price we are now at the $1,390+ and if you did bought some of it at lower price then you are now having a very good taste of profit. That is also affecting, we are getting closer to the supply limit of bitcoin and that is now giving us an assurance that is going to make the price higher as we are expecting.
Yes the supply now is getting lower and lower and that is the sign that we should get our bitcoins now and we should keep them for long term because when the time comes that the supply was just a few millions then the price will be very high and that is the time when we're going to sell and take our huge profits and enjoy our life.
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May 01, 2017, 03:01:19 AM
 #2129

Holding bitcoin a long time is a good way to make money, hold it 2 to 3years after that for sure you had already a big saving in your storage wallet. It will surely that bitcoin by that time  would be 3000$ to 5000$. Just be patience while waiting for the right time Wink

Wow, that is a nice prediction, let's see if it will really happen, would be very good! It's impossible to know with 100% sure something about Bitcoin, but if the last 2 years results could be applied for the next 2 years, we could see Bitcoin pricing about $2600-$3000 in 2019. I think $5000 is a bit exaggerated, a bit lower than that is very possible...
Actually if you see there is nothing impossible in bitcoin maybe we can see the price at 1$ tomorrow or even 2000$. I now feel bitcoin is just like life anything can happen next and that change can make lot of difference in our lives.



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Fatanut
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May 01, 2017, 01:23:18 PM
 #2130

Holding bitcoin a long time is a good way to make money, hold it 2 to 3years after that for sure you had already a big saving in your storage wallet. It will surely that bitcoin by that time  would be 3000$ to 5000$. Just be patience while waiting for the right time Wink

Wow, that is a nice prediction, let's see if it will really happen, would be very good! It's impossible to know with 100% sure something about Bitcoin, but if the last 2 years results could be applied for the next 2 years, we could see Bitcoin pricing about $2600-$3000 in 2019. I think $5000 is a bit exaggerated, a bit lower than that is very possible...
Actually if you see there is nothing impossible in bitcoin maybe we can see the price at 1$ tomorrow or even 2000$. I now feel bitcoin is just like life anything can happen next and that change can make lot of difference in our lives.

I strongly agree that tomorrow the price can be $2000 but never $1. $2000 can be achieved when a huge whale invested millions/billions of dollars in bitcoins. That price is doable for sure, we might even surpass that if we had enough whales. On the other hand, $1 per BTC is kind of far from reality. People have invested tons of money in the bitcoin wallet. I belong to the people that don't have that much cash and have the majority of wealth on bitcoin. I wouldn't just sell my bitcoins even when the price is dumping quite hard.

Plus, there are people that are ready to put a buy order wall to prevent the price from dumping even more. In other words, preventing their investments to go to waste.

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May 01, 2017, 02:02:50 PM
 #2131

Holding bitcoin a long time is a good way to make money, hold it 2 to 3years after that for sure you had already a big saving in your storage wallet. It will surely that bitcoin by that time  would be 3000$ to 5000$. Just be patience while waiting for the right time Wink

Wow, that is a nice prediction, let's see if it will really happen, would be very good! It's impossible to know with 100% sure something about Bitcoin, but if the last 2 years results could be applied for the next 2 years, we could see Bitcoin pricing about $2600-$3000 in 2019. I think $5000 is a bit exaggerated, a bit lower than that is very possible...
Actually if you see there is nothing impossible in bitcoin maybe we can see the price at 1$ tomorrow or even 2000$. I now feel bitcoin is just like life anything can happen next and that change can make lot of difference in our lives.

I strongly agree that tomorrow the price can be $2000 but never $1. $2000 can be achieved when a huge whale invested millions/billions of dollars in bitcoins. That price is doable for sure, we might even surpass that if we had enough whales. On the other hand, $1 per BTC is kind of far from reality. People have invested tons of money in the bitcoin wallet. I belong to the people that don't have that much cash and have the majority of wealth on bitcoin. I wouldn't just sell my bitcoins even when the price is dumping quite hard.

Plus, there are people that are ready to put a buy order wall to prevent the price from dumping even more. In other words, preventing their investments to go to waste.

Well you can't be more right there dude. BTC has gone a very long way and is becoming more and more accepted by a lot of people the longer it goes and I don't think there's any way it can go back to even 100$. A lot of people will see to it that that doesn't happen

 
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May 01, 2017, 03:19:53 PM
 #2132

At first I don't believe that holding bitcoin for a longer time is going to give you good profit because when I was still newbie, I keep on seeing the price to have rally on pump and dump. And that's why I'm just selling it whenever I want and I saw profit but right now it's proven that holding it for a longer time will give you good profit.

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May 01, 2017, 03:28:44 PM
 #2133

At first I don't believe that holding bitcoin for a longer time is going to give you good profit because when I was still newbie, I keep on seeing the price to have rally on pump and dump. And that's why I'm just selling it whenever I want and I saw profit but right now it's proven that holding it for a longer time will give you good profit.

Holding it can really make our bitcoin grow since bitcoin value now is increasing,it can grow on its own.But if were good in trading and investing or in gambling also then holding it without doing anything  I think is a waste of time since our bitcoin can grow more than it can pump if ever we found a good offer in trading and investing.

 
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May 01, 2017, 05:35:01 PM
 #2134

At first I don't believe that holding bitcoin for a longer time is going to give you good profit because when I was still newbie, I keep on seeing the price to have rally on pump and dump. And that's why I'm just selling it whenever I want and I saw profit but right now it's proven that holding it for a longer time will give you good profit.

Holding it can really make our bitcoin grow since bitcoin value now is increasing,it can grow on its own.But if were good in trading and investing or in gambling also then holding it without doing anything  I think is a waste of time since our bitcoin can grow more than it can pump if ever we found a good offer in trading and investing.

Holding is good but only up to a certain extent as you cannot afford to hold it too long even if you see price going higher so at that stage it would be good to sell your bitcoins to grab the profits and if you are not satisfied with the price then better to use them in trading to grow them in long run.
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May 01, 2017, 06:05:31 PM
 #2135

Is not it now proven that holding bitcoin for a long time can be profitable. It's possible that when you hold the bitcoin right now, you can see the bitcoin price to $ 2500 by 2018. well, that would be very profitable, especially if you have bitcoin since 2013.


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May 01, 2017, 07:18:27 PM
 #2136

Is not it now proven that holding bitcoin for a long time can be profitable. It's possible that when you hold the bitcoin right now, you can see the bitcoin price to $ 2500 by 2018. well, that would be very profitable, especially if you have bitcoin since 2013.
Indeed, the preservation of Bitcoin since the times of business development has greatly affected the financial well-being of the user of the crypto currency. Video Does it compare all the jumps and drops in the price of Bitcoin to price increases not to notice very difficult over the past few years.
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May 01, 2017, 08:11:35 PM
 #2137

yeeep indeed holding btc has proved itself to be profitable but its not to the fullest really. if you are out to profit from the crypto market, you'd have to spend your btc and buy some alt for an investment. its how it going to work from now on because of the innovations created by developers.

 
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May 01, 2017, 10:08:37 PM
 #2138

yeeep indeed holding btc has proved itself to be profitable but its not to the fullest really. if you are out to profit from the crypto market, you'd have to spend your btc and buy some alt for an investment. its how it going to work from now on because of the innovations created by developers.

If you don't want to take any risk of investing your bitcoins then better to hold them for future as you can make good profits even by holding them so if you manage to hold them for next 5 years then you can make good money from it.

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May 02, 2017, 03:55:17 AM
 #2139

yeeep indeed holding btc has proved itself to be profitable but its not to the fullest really. if you are out to profit from the crypto market, you'd have to spend your btc and buy some alt for an investment. its how it going to work from now on because of the innovations created by developers.

If you don't want to take any risk of investing your bitcoins then better to hold them for future as you can make good profits even by holding them so if you manage to hold them for next 5 years then you can make good money from it.
Holding bitcoin is one of the most suggested way to earn profit without doing anything or risking our money or bitcoin because holding only has a risk in your wallet but if you do cold storage and it is a safe wallet then there is nothing to worry about. Holding bitcoin will guarantee you to at least give you 50% profit after at least 4 years from now and that is a great percentage of earnings rather than in the banks.
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May 02, 2017, 04:53:21 AM
 #2140

yeeep indeed holding btc has proved itself to be profitable but its not to the fullest really. if you are out to profit from the crypto market, you'd have to spend your btc and buy some alt for an investment. its how it going to work from now on because of the innovations created by developers.

If you don't want to take any risk of investing your bitcoins then better to hold them for future as you can make good profits even by holding them so if you manage to hold them for next 5 years then you can make good money from it.
Holding bitcoin is one of the most suggested way to earn profit without doing anything or risking our money or bitcoin because holding only has a risk in your wallet but if you do cold storage and it is a safe wallet then there is nothing to worry about. Holding bitcoin will guarantee you to at least give you 50% profit after at least 4 years from now and that is a great percentage of earnings rather than in the banks.
There is no guarantee of profit in holding bitcoin since market is ubpredictable hence it can volatile and it can pump more, no one knows what will happen in future. However, as what I seen in bitcoin now is that, it will comtinue rising its value because there is no huge barrier in sell order.

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