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

[nicolas1979]

The question is do you have a strategy to keep your investment keep running to make money? Holding something ( investment ) for a long time need huge money and patience. Another record we need fund to keep our strategy keep running if we put all fund on bitcoin isn't risky?. If we see commodities like gold or silver ten years from now is a good investment, always up and make alot profit. But now, gold or silver is jumping on deep level in history and needs more time to wake up again. That could happen with our investment such as bitcoin or altcoin. We need point to take profit and enjoy investment, never forget that.

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[gabmen]

Hold, 2017 is the beginning of BTC price increase, this will be very interesting. Many countries are beginning to be interested in receiving bitcoin as payment. Imagine if 1 BTC = 1 car. View and wait

This must be happening as I hardly believed that. The progress of the Bitcoin in 2017 is overwhelmed and after focusing the recent statistics I'm confident about it. HOLD= RICH

This year is the beginning of a bitcoin miracle. Bitcoin prices have a very impressive movement, we know there has been a rise of almost 100% from just a few months time. This is a good track to a much higher price level. We all hope doing HOLD is the best choice.

Indeed. Im getting a bit excited myself with how this would play out the rest of the year. Though it would be expensive to buy btc at this time, those of us who already hold btc now need to look forward by being patient and it's almost certain that we will reap good rewards in the future

[bluefirecorp]

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.

Yes it is good but for holding the Bitcoin or any other investment for a long time requires the financial stability of the individual. It is good in the way that if you have a surplus amount and you invest it for a long time to get more earnings from it. But you have to keep in mind that with the passage of time the fiat loses its value.

[fitty]

holding bitcoin a long time is good but you need more money to invest for long term invesment so you can get x2 or x3 of your money  the more you invest the more money you will get.

Yup, I regret I spent all my earnings on Bitcoin since I've started. I remember it at $400 price and If I hold that, I can say that it is not 4x of my Bitcoin. Right now, I can say that saving Bitcoins is the best way to do because more and more companies, countries and individuals are engaging into this coins because they are starting to see its potential in the market. In just a month, it started pumping its 100% so I'm very excited what Bitcoin can do in this year.

[SheHadMANHands]

yeah just keep buying Bitcoin, you will be rich in 30 years...

[Victorycoin]

Hold, 2017 is the beginning of BTC price increase, this will be very interesting. Many countries are beginning to be interested in receiving bitcoin as payment. Imagine if 1 BTC = 1 car. View and wait

This must be happening as I hardly believed that. The progress of the Bitcoin in 2017 is overwhelmed and after focusing the recent statistics I'm confident about it. HOLD= RICH

This year is the beginning of a bitcoin miracle. Bitcoin prices have a very impressive movement, we know there has been a rise of almost 100% from just a few months time. This is a good track to a much higher price level. We all hope doing HOLD is the best choice.

All agree the rise has been quite impressive and everyone's is wishing for the moon but before then, do you guy  have an idea what is driving the price up and if it is something that  can be sustained? This is money matter and it helps to understand that competiting factors won't simply look away for Bitcoin to ihave ts right of way, unless it is coming with greater power behind it.   

[Ewox]

Based on the friends that I know and in my short-term experience in the world of bitcoin, it is actually a good way to make good profits on your money if you hold onto your bitcoins. It has been increasing its value year by year so its not impossible for you to make money just by holding it.

[Kousei23]

holding bitcoin a long time is good but you need more money to invest for long term invesment so you can get x2 or x3 of your money  the more you invest the more money you will get.

Yup, I regret I spent all my earnings on Bitcoin since I've started. I remember it at $400 price and If I hold that, I can say that it is not 4x of my Bitcoin. Right now, I can say that saving Bitcoins is the best way to do because more and more companies, countries and individuals are engaging into this coins because they are starting to see its potential in the market. In just a month, it started pumping its 100% so I'm very excited what Bitcoin can do in this year.

Holding bitcoin for a long time is a good strategy in earning because we always says that someday bitcoin value will rise veey high so that if that happens we will sell our bitcoin and earn a good profit. But I always think that how they will have income if their only holding their business bitcoins. I suggest to those who will hold their bitcoin in long term that they need to have a alternative source of income in able to have earnings even if they are waiting and holding their btc.

[hajimasan]

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?

According to me it's a Best Way to Grow Your Bitcoins Because Now a Days the Price of Bitcoin is Increasing and if You Do Trading Of Bitcoin then it will be More Profitable.
In this Business You Need to be Patient in order to Make Some Profits But You can also Try to do Altcoin Trading Because it is more Profitable than Bitcoin Trading Because Of the Price Changes Every Moment in Altcoin Trading So It's More Risky and More Profitable and We all Know that Higher the Risks, Higher the Rewards.
So It's Upon You How Much Risk you can take in order to Make Profits.

[alexsandria]

holding bitcoin a long time is good but you need more money to invest for long term invesment so you can get x2 or x3 of your money  the more you invest the more money you will get.

Yup, I regret I spent all my earnings on Bitcoin since I've started. I remember it at $400 price and If I hold that, I can say that it is not 4x of my Bitcoin. Right now, I can say that saving Bitcoins is the best way to do because more and more companies, countries and individuals are engaging into this coins because they are starting to see its potential in the market. In just a month, it started pumping its 100% so I'm very excited what Bitcoin can do in this year.

Holding bitcoin for a long time is a good strategy in earning because we always says that someday bitcoin value will rise veey high so that if that happens we will sell our bitcoin and earn a good profit. But I always think that how they will have income if their only holding their business bitcoins. I suggest to those who will hold their bitcoin in long term that they need to have a alternative source of income in able to have earnings even if they are waiting and holding their btc.

I know some people that doing this kind of strategy and I ask the that how they inted to have a large patient of not having income because of waiting and holding their bitcoin. They said that they don't only focus on that holding and they have an alternative way of earning and they use that strategy because they see that it is very effective and they know that even they wait for long time is that they will earn good at the end.

[ethereumhunter]

Based on the friends that I know and in my short-term experience in the world of bitcoin, it is actually a good way to make good profits on your money if you hold onto your bitcoins. It has been increasing its value year by year so its not impossible for you to make money just by holding it.

i will hold my bitcoin for a long time because i see that bitcoin value will be growth from time to time and if we don't want to be late, then we should get prepare to join. bitcoin give a good impact for us as we can see that bitcoin price is always increase no matter if there a correction for the price but then the price is getting up.

[Sponsoredby15]

yes, bitcoin is a long term investment. many investors who invest way back 2013 has multiplied their investment doubled or tripled or much more. I know that theres a lot of space for bitcoins price improvement. so better invest now, it is not yet late. once china embraces bitcoin we could see a $10,000 per bitcoin.

[avikz]

Certainly yes, bitcoin is indeed a very good way to make money if you hold it for longer time. I started earning bitcoin when the price was at 450 USD, and looking at today's price, you can easily understand how much profit I am making just by holding it. I have never invested by bitcoin in anything other than trading which rewarded me suitably.

Also if you have a plan to hold a good amount of bitcoin for a longer time, never keep all in a single place. Use more than two wallets including online and offline and keep them divided. So if one of your wallets is compromised, you will still have funds to survive.

[phr0stbyt3]

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

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.

I agree it is actually impossible for bitcoin to fall till 1$ if that actually happened i will sell everything i have and go all in bitcoins. The price can't reach 2000$ that easily because many whales have already invested according to their potential so the only way the price can increase is by more countries like japan adopting the coin.

The price can reach up to 2000$ because of the movement of Japan for bitcoin and its keep going up for the price and a lot of experts says that bitcoin could reach 2000$ before the year end and that is a good news for us because it came from the experts in bitcoin and if their prediction is wrong then it is alright because we can still make money by holding bitcoin for long term.

Not only japan bitcoin is drastically expanding in India and also and god knows secretly many people are realizing the opportunity in bitcoin.
It's better if you hold and buy as many bitcoin as your potential and just wait for it to hit 2000$ within few months or mostly 3000$ by end of this year.

[Sled]

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

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.

I agree it is actually impossible for bitcoin to fall till 1$ if that actually happened i will sell everything i have and go all in bitcoins. The price can't reach 2000$ that easily because many whales have already invested according to their potential so the only way the price can increase is by more countries like japan adopting the coin.

The price can reach up to 2000$ because of the movement of Japan for bitcoin and its keep going up for the price and a lot of experts says that bitcoin could reach 2000$ before the year end and that is a good news for us because it came from the experts in bitcoin and if their prediction is wrong then it is alright because we can still make money by holding bitcoin for long term.

Not only japan bitcoin is drastically expanding in India and also and god knows secretly many people are realizing the opportunity in bitcoin.
It's better if you hold and buy as many bitcoin as your potential and just wait for it to hit 2000$ within few months or mostly 3000$ by end of this year.

Yes a lot of countries now are getting serious with bitcoin and they starting to slowly adopt bitcoin as a pure currency to their country and there is already few countries that are lined up for the possible adoption too which is a good news for the bitcoin and it can drive the price up to $2,000 easily or even $5,000 if we get lucky this year.

[Searing]

well bitcoin holding is a good way to make money in an 'illusionary' type of way

In other words, say you have 100 btc from 2013.....can you spend it ..NO....I mean Just last July 2016 it was at $450 bucks

and as I speak it is at $1,754 usd

Bitcoin is a frigging 'tease' ...you have the illusion of making big $$$ but you can never spend any of it ..because it may to to 10k and then you

would feel damn silly...so you putter along poor.....and watch your 'paper profits' and fret...it is like having a hot girlfriend out of town...you just

pray something bad does not happen and she runs away with a hotter 'blockchain' leaving you

all the downs of being rich w/o the sex/drugs and rock and roll.....as the upside

(depressed myself...have to count my stash x $1,754 to perk self up again)

[silverduck]

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

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.

I agree it is actually impossible for bitcoin to fall till 1$ if that actually happened i will sell everything i have and go all in bitcoins. The price can't reach 2000$ that easily because many whales have already invested according to their potential so the only way the price can increase is by more countries like japan adopting the coin.

The price can reach up to 2000$ because of the movement of Japan for bitcoin and its keep going up for the price and a lot of experts says that bitcoin could reach 2000$ before the year end and that is a good news for us because it came from the experts in bitcoin and if their prediction is wrong then it is alright because we can still make money by holding bitcoin for long term.

Not only japan bitcoin is drastically expanding in India and also and god knows secretly many people are realizing the opportunity in bitcoin.
It's better if you hold and buy as many bitcoin as your potential and just wait for it to hit 2000$ within few months or mostly 3000$ by end of this year.

Yes a lot of countries now are getting serious with bitcoin and they starting to slowly adopt bitcoin as a pure currency to their country and there is already few countries that are lined up for the possible adoption too which is a good news for the bitcoin and it can drive the price up to $2,000 easily or even $5,000 if we get lucky this year.

Its simply possible to touch the price of $2000 in this year but its very hard to believe that it will touch the price of $5000 in this year as its really too high to expect from bitcoins in quick time and we need to think of realistic value that can be achieved by bitcoins.

[virasisog]

yes, bitcoin is a long term investment. many investors who invest way back 2013 has multiplied their investment doubled or tripled or much more. I know that theres a lot of space for bitcoins price improvement. so better invest now, it is not yet late. once china embraces bitcoin we could see a $10,000 per bitcoin.

Yeah and we can expect more the rapid growth with the increasing numbers of bitcoin user and the foundations of bitcoins which are the companies who are having a more research for them to use the faster network transactions through blockchain and bitcoins. China embrace bitcoins already as they are one of the biggest bitcoin mining.

[vs2014]

Yes holding is the easiest way to make profits as people who have bought bitcoins couple of years back and who are still holding have made massive profits and if we manage to hold them for next few years then we can expect the same result in future too.

[Obito]

Yes holding is the easiest way to make profits as people who have bought bitcoins couple of years back and who are still holding have made massive profits and if we manage to hold them for next few years then we can expect the same result in future too.

Precisely, holding your bitcoin is the easiest way to make profit but its much better to run your money like trading it or invest. This is the best way to grow your bitcoin instead of hold it. Though it is risky to trade it or invest you must take it inorder to get profit.