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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368902 times)
gabmen
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May 11, 2017, 11:58:09 AM
 #2201

In short, holding btc long term will probably make money. But holding alts long term is more likely to be better. Alts are cheaper and the risk can be spread. Not true with btc

It is a sure thing, if you had bought some bitcoins while the price is still low. Look at the price right now, for sure if you had sold some of it earlier. You will regret that you started to sell some of it but if you are able to keep them up to now you will be proud and happy that you believed bitcoin and you are able to hold them for better.

Indeed. Though it's a risk that anyone takes. But I think there were several tips and forecasts already that indicated btc's rise though I never have expected it to be this quick. I'm now regretting that I didn't buy a lot of btcs at the beginning of this year when the price dropped

 
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May 11, 2017, 01:08:33 PM
 #2202

I think thats a good idea for new investors because holding bitcoin in long time is a kind of investment. You need to know when the bitcoin price is good or maybe its bad. It is so necessary for a new investors especially when they wants a lots of bitcoin. They need to keep it until bitcoin reach the highest value.
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May 11, 2017, 01:56:46 PM
 #2203

Price is so volatile, never you know when could decrease the price.
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May 11, 2017, 01:57:31 PM
 #2204

For me holding bitcoin is good.Because you can save more bitcoin to invest in future.
Once the bitcoin price increase its like you won a game.
Holding long time is like saving.I never lose,but gaining.
I have posibilities to prosper,I just wait the right time to sold my bitcoin.
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May 11, 2017, 05:28:13 PM
 #2205

For me holding bitcoin is good.Because you can save more bitcoin to invest in future.
Once the bitcoin price increase its like you won a game.
Holding long time is like saving.I never lose,but gaining.
I have posibilities to prosper,I just wait the right time to sold my bitcoin.

Bitcoin is a good investment. We place the savings on the bitcoin, which gives a better gain than bank. In fact, we can use bitcoins any time and anywhere.

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ewonardo
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May 11, 2017, 07:23:03 PM
 #2206

For me holding bitcoin is good.Because you can save more bitcoin to invest in future.
Once the bitcoin price increase its like you won a game.
Holding long time is like saving.I never lose,but gaining.
I have posibilities to prosper,I just wait the right time to sold my bitcoin.

Bitcoin is a good investment. We place the savings on the bitcoin, which gives a better gain than bank. In fact, we can use bitcoins any time and anywhere.

I am optimistic yes. Holding bitcoin for a long time is one great way to make money. Current bitcoin price, for example, is profit of bitcoin holders some time before.
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May 11, 2017, 08:56:44 PM
 #2207

In short, holding btc long term will probably make money. But holding alts long term is more likely to be better. Alts are cheaper and the risk can be spread. Not true with btc

It is a sure thing, if you had bought some bitcoins while the price is still low. Look at the price right now, for sure if you had sold some of it earlier. You will regret that you started to sell some of it but if you are able to keep them up to now you will be proud and happy that you believed bitcoin and you are able to hold them for better.

Indeed. Though it's a risk that anyone takes. But I think there were several tips and forecasts already that indicated btc's rise though I never have expected it to be this quick. I'm now regretting that I didn't buy a lot of btcs at the beginning of this year when the price dropped

There are experts, investors and other professionals that are giving their insights about bitcoin. At first, I was not able to believe because the figures are too high for me and I don't expect the price will happen with their predictions. But if we are going to check the price of bitcoin right now, it's a very good move to keep on holding as the price is promising and it can even reach new ATH.


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May 11, 2017, 11:12:32 PM
 #2208

For me holding bitcoin is good.Because you can save more bitcoin to invest in future.
Once the bitcoin price increase its like you won a game.
Holding long time is like saving.I never lose,but gaining.
I have posibilities to prosper,I just wait the right time to sold my bitcoin.

Bitcoin is a good investment. We place the savings on the bitcoin, which gives a better gain than bank. In fact, we can use bitcoins any time and anywhere.

I am optimistic yes. Holding bitcoin for a long time is one great way to make money. Current bitcoin price, for example, is profit of bitcoin holders some time before.
Indeed although the price of bitcoin is volatile, currently the value is really good to hold your bitcoin. probably you will earn money although it has risk so you should be prepared for that. imo holding your btc for long term is profitable, you just need more patient to be able to do that.
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May 12, 2017, 01:19:51 AM
 #2209

For me holding bitcoin is good.Because you can save more bitcoin to invest in future.
Once the bitcoin price increase its like you won a game.
Holding long time is like saving.I never lose,but gaining.
I have posibilities to prosper,I just wait the right time to sold my bitcoin.

Bitcoin is a good investment. We place the savings on the bitcoin, which gives a better gain than bank. In fact, we can use bitcoins any time and anywhere.

I am optimistic yes. Holding bitcoin for a long time is one great way to make money. Current bitcoin price, for example, is profit of bitcoin holders some time before.
Indeed although the price of bitcoin is volatile, currently the value is really good to hold your bitcoin. probably you will earn money although it has risk so you should be prepared for that. imo holding your btc for long term is profitable, you just need more patient to be able to do that.

You can double your profit by not holding your BTC if you invest to some other altcoin like WAVES. Think about how ethereum got that huge.
Platforms like WAVES and ETH and same as Lisk and NEM, they are going to be huge in years. ITs where your investment should go.

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May 12, 2017, 01:25:55 AM
 #2210

For me holding bitcoin is good.Because you can save more bitcoin to invest in future.
Once the bitcoin price increase its like you won a game.
Holding long time is like saving.I never lose,but gaining.
I have posibilities to prosper,I just wait the right time to sold my bitcoin.

Bitcoin is a good investment. We place the savings on the bitcoin, which gives a better gain than bank. In fact, we can use bitcoins any time and anywhere.

I am optimistic yes. Holding bitcoin for a long time is one great way to make money. Current bitcoin price, for example, is profit of bitcoin holders some time before.
Indeed although the price of bitcoin is volatile, currently the value is really good to hold your bitcoin. probably you will earn money although it has risk so you should be prepared for that. imo holding your btc for long term is profitable, you just need more patient to be able to do that.

You can double your profit by not holding your BTC if you invest to some other altcoin like WAVES. Think about how ethereum got that huge.
Platforms like WAVES and ETH and same as Lisk and NEM, they are going to be huge in years. ITs where your investment should go.
Yes it is better to invest in altcoins rather than holding bitcoin for long term because there is no assurance that we can get at least double profit from holding bitcoin because we don't know what will happen in the next months or years so it is better to just invest on promising altcoins that are available in the market and monitor them and watch you money grow faster than holding bitcoin.
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May 12, 2017, 03:49:23 AM
 #2211

If you would have bought 4 years ago, it would have been a long time good way to make money. Even if you would have bought few weeks ago, you would  have made a nice catch.

Even just a week ago or 3 days ago there is still profit.
You wont see anything like this with other commodities.
That is why having bitcoin is mandatory for me now. Without it I feel like I am being left behind.
Even looking at altcoins they just move a little with a long time span.
Even gold is stucked with just $1200 - 1290. Way to different with how the bitcoin moves. He could try to compare it if he want to.
Maybe that will open some senses to other people too with introducing the difference.
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May 12, 2017, 04:56:27 AM
 #2212

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 .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.



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Rainbot
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May 12, 2017, 05:07:16 AM
 #2213

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 .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
Holding a coin is just risky if you don't know anything about the coin and you don't know what are the things that will happen in that coin in short, you don't have any information. Holding a coin can be risky also if you just hold it for short term and not long term because short term are very volatile to the price and you will get more chances to loss rather than to earn.
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May 12, 2017, 05:54:15 AM
 #2214

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 .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
Holding a coin is just risky if you don't know anything about the coin and you don't know what are the things that will happen in that coin in short, you don't have any information. Holding a coin can be risky also if you just hold it for short term and not long term because short term are very volatile to the price and you will get more chances to loss rather than to earn.

Yeah thats why we need to be more informative about on the coin we are going to stake but as you can see on what is happening on bitcoins right now the price is totally huge and to lucky for those people who bought from 300$ and beyond since they accumulated such huge profits from it already and maybe they will earn more if they stake longer from it. But i think theres only few people who are staking for that level since there are various things happens that made confusion thats why for the past months price of bitcoins has go down and im pretty sure many people sold their btc when bitfinnex hacking issue occured at that time.

R


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May 12, 2017, 06:07:22 AM
 #2215

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 .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
Yeah, trading with altcoins for USD and BTC is quite profitable. One thing need to be known before generating a buy or sell order is the picking out the right coin in the peak move. Else need to wait holding good amount in fiat, so than on a dip can buy good number of bitcoin and hold for a better profiting after years.
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May 12, 2017, 04:17:05 PM
 #2216

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 .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
Yeah, trading with altcoins for USD and BTC is quite profitable. One thing need to be known before generating a buy or sell order is the picking out the right coin in the peak move. Else need to wait holding good amount in fiat, so than on a dip can buy good number of bitcoin and hold for a better profiting after years.

do you have recommendation for good coins now?
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May 12, 2017, 04:40:53 PM
 #2217

Bought the first coins in 2011 around 3$, where unsure, young, did not really got into the game and invest time, just trade them over the years with more or less small profits, felt lucky and sold them finally in times of fear. Didn't hold 1 Coin left, stopped a while and after checking the prices a couple of weeks ago I still want to smash my head against walls Smiley

So, from now on my strategy is clear. The feeling I have from what I know and see is the same I had 6 years ago. Unsure, but worth the risk. Even better, because I really begin to understand know how what bitcoins are, except from earning money. Now got enough trust over the years to spend everything I don't need for living and can lose in bitcoins ( ~ 80% / 20 Altcoins) and -hold- the most amount this time. I'm ready for the next 6 years. In meantime I have time to do better research, watch the market.. trade little amounts.. and will resist the temptation trading to much and selling to fast. When you lose it all but still can say to yourself, I really thought about it and this way felt totally right, I don't regret.. than it's a good base for your strategy I think. That's what I learned for the future. Good luck guys!
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May 12, 2017, 06:02:45 PM
 #2218

it is. It will always a good way of making money and you can see that the prices have been increased almost 10000000% since 2008. If someone holds 1000 bitcoins from that time, he will be rich nowadays
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May 12, 2017, 07:23:54 PM
 #2219

Many people who have kept their coins long enough must be very happy now. The price is running high and even those who have bought Bitcoins above 1000$ have made very nice profit. And not to mention the early adopters. So, long term Bitcoin is very worth and profitable investment, so don't hesitate.

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May 13, 2017, 04:50:08 AM
 #2220

Many people who have kept their coins long enough must be very happy now. The price is running high and even those who have bought Bitcoins above 1000$ have made very nice profit. And not to mention the early adopters. So, long term Bitcoin is very worth and profitable investment, so don't hesitate.
That is why buying bitcoins now and keeping them for long term is the best option as of now especially the price of bitcoin is dumping now and that is a great buying opportunity for us to buy and hodl bitcoin for long term. Bitcoin is one of the fastest growing currency and just at least 3 months you can earn up to x2 of your capital.
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