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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368850 times)
L00n3y
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May 25, 2017, 11:05:59 AM
 #2321

Well holding BTC is hard especially when you are just depending on online wallets. Cold storage will do but place it in a secured and secret place to avoid it to be damage or to be stolen. A big yes for me. If you invest 100$ in BTC 7 years ago then you are a millionaire today, multi millionaire. Bitcoins price rose to least 400% since last year, there no doubt that holding BTC is a good way to earn money.
Raven91
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May 25, 2017, 11:24:31 AM
 #2322

Well holding BTC is hard especially when you are just depending on online wallets. Cold storage will do but place it in a secured and secret place to avoid it to be damage or to be stolen. A big yes for me. If you invest 100$ in BTC 7 years ago then you are a millionaire today, multi millionaire. Bitcoins price rose to least 400% since last year, there no doubt that holding BTC is a good way to earn money.
It's not the basis at all as we can not rely on the market's history in order to ascertain what will happen in the future. Currently, no one can certainly tell if holding is the best thing to do now as it's hard to give a statement if you don't know what's happening in the market. However, in my opinion it's better to hold now as there are big events might happen by september which is partnership woth segwit.
moynul2050
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May 25, 2017, 11:34:17 AM
 #2323

As the current market rates fluctuates daily but as on weekends they fluctuates about 15dollars  so you can flip your bitcoins at weekends.
And, no holding your bitcoins for long is not a very good idea, you can trade them for other altcoins and then trade them back to btc after their incereased value, basically buy low and sell high.

yeap that the write thing to do with ur btc Smiley
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May 25, 2017, 03:17:44 PM
 #2324

As the current market rates fluctuates daily but as on weekends they fluctuates about 15dollars  so you can flip your bitcoins at weekends.
And, no holding your bitcoins for long is not a very good idea, you can trade them for other altcoins and then trade them back to btc after their incereased value, basically buy low and sell high.

yeap that the write thing to do with ur btc Smiley
Holding your Bitcoin for a long time it will give profit or not I don't know. But one thing I will tell you to know you don't sell your coins holds it in your wallet. BTC price is only increasing no decreasing from last one month so wait few more weeks let's see where it will reach. Last week I got around 0.04 BTC. I thought to sell, but I decided to wait for one week now the price is double.
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May 25, 2017, 03:58:27 PM
 #2325

As the current market rates fluctuates daily but as on weekends they fluctuates about 15dollars  so you can flip your bitcoins at weekends.
And, no holding your bitcoins for long is not a very good idea, you can trade them for other altcoins and then trade them back to btc after their incereased value, basically buy low and sell high.

yeap that the write thing to do with ur btc Smiley
Holding your Bitcoin for a long time it will give profit or not I don't know. But one thing I will tell you to know you don't sell your coins holds it in your wallet. BTC price is only increasing no decreasing from last one month so wait few more weeks let's see where it will reach. Last week I got around 0.04 BTC. I thought to sell, but I decided to wait for one week now the price is double.

But by the look of the current price, holding bitcoin is a good way to make money, big money. That's why if there are early adopters of bitcoin, they are sure bet that they are very very happy with the current price. Maybe some of they are instant millionaires now, because they trusted bitcoin and hold it for as long as they can. I know that no one is really sure what the price of bitcoin will be, but if you money that you are willing to lose, just invest it and see what happen 1 year from now.

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Noctis Connor
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May 25, 2017, 04:56:37 PM
 #2326

Holding proved that can make a good money just by holding your bitcoin and waiting for the price to become up you can't tell when the price is going up or down but to be honest bitcoin price is rising no matter what happens if you want too buy bitcoin in hawaii that worth $1500 and sell it from exchange that has $2000 dollars or more price.
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May 25, 2017, 08:56:16 PM
 #2327

Yes because the price sky rockets from time to time.
That's an amazing price this year
We cannot avoid that from happening, people believe on bitcoin and they bought it so the price went up,
normal thing and it is not a bubble anymore..
I know most of the people are planning to sell now, I would say not yet, hold longer, the price is not the ultimate ATH.

Looks like bitcoin will make us more surprised if now is not the highest price it's great
Better to hold the bitcoin first
What do you think is the highest price of bitcoin this year?
Yes this is true the bitcoin is a very good investment if you have made it. I am pretty much optimistic about it as more users are coming to it and adopting it making it more strengthening. I was also advised by a friend and then when I was able to judge the potential I started holding it.
Holding bitcoin lead to unimaginable progress within bitcoin ecosystem as it is highly expected total world to follow bitcoin adoption trends.Hence simply holding bitcoin might lead unimaginable possibilities then why not just money making opportunities.
batang_bitcoin
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May 25, 2017, 09:01:29 PM
 #2328

Holding proved that can make a good money just by holding your bitcoin and waiting for the price to become up you can't tell when the price is going up or down but to be honest bitcoin price is rising no matter what happens if you want too buy bitcoin in hawaii that worth $1500 and sell it from exchange that has $2000 dollars or more price.

It is what most of us are doing and it's a real investment if you are going to hold. But make sure that you are willing to take the risk as the risk will always be there. Bitcoin holding is not for the weak ones, because when we are reaching new ATH and you didn't sold some when it was on that price, don't get discouraged.



 

 

 

 

 

 


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HatakeKakashi
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May 25, 2017, 09:22:03 PM
 #2329

Holding proved that can make a good money just by holding your bitcoin and waiting for the price to become up you can't tell when the price is going up or down but to be honest bitcoin price is rising no matter what happens if you want too buy bitcoin in hawaii that worth $1500 and sell it from exchange that has $2000 dollars or more price.
Is that true that you buy bitcoin in hawaii at 15000 dollars only how it happen. Because everyone even the exchanges site the price is near the same even they not exact amount but it is near.  Thats right you cant tell if the bitcoin price pump or dump but it for sure the price of bitcoin will reach at $3000-$4000 in this year.  Today the price will hit 3000 dollars and but it will go down again at 2000 plus but it is a good news because we know bitcoin proved to everone that can possible to hit that price soon and the price for sure will reach again 3000 dollars again in this week for sure just keep be patience.

 
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bohr
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May 25, 2017, 10:25:01 PM
 #2330

Well holding BTC is hard especially when you are just depending on online wallets. Cold storage will do but place it in a secured and secret place to avoid it to be damage or to be stolen. A big yes for me. If you invest 100$ in BTC 7 years ago then you are a millionaire today, multi millionaire. Bitcoins price rose to least 400% since last year, there no doubt that holding BTC is a good way to earn money.
It's not the basis at all as we can not rely on the market's history in order to ascertain what will happen in the future. Currently, no one can certainly tell if holding is the best thing to do now as it's hard to give a statement if you don't know what's happening in the market. However, in my opinion it's better to hold now as there are big events might happen by september which is partnership woth segwit.
Markets are unpredictable, but the only thing we can use to try to predict the price is the past and bitcoin has shown in the past that the price can get very high just look at what it is happening right now so it seems the best thing we can do at the moment is to hold and wait.
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May 26, 2017, 06:45:27 AM
 #2331

Well holding BTC is hard especially when you are just depending on online wallets. Cold storage will do but place it in a secured and secret place to avoid it to be damage or to be stolen. A big yes for me. If you invest 100$ in BTC 7 years ago then you are a millionaire today, multi millionaire. Bitcoins price rose to least 400% since last year, there no doubt that holding BTC is a good way to earn money.
It's not the basis at all as we can not rely on the market's history in order to ascertain what will happen in the future. Currently, no one can certainly tell if holding is the best thing to do now as it's hard to give a statement if you don't know what's happening in the market. However, in my opinion it's better to hold now as there are big events might happen by september which is partnership woth segwit.
Markets are unpredictable, but the only thing we can use to try to predict the price is the past and bitcoin has shown in the past that the price can get very high just look at what it is happening right now so it seems the best thing we can do at the moment is to hold and wait.

That is why we can just buy and hold the bitcoin. If you trade, the exchanges will earn more.
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May 27, 2017, 04:00:59 AM
 #2332

Holding bitcoin for a long time is really a good way to earn money because it has potential to grow more in terms of price and it might be sold more than it's current price now in the future and can multiply money even if someone just hold it then just let it be afterwards. It can also be good to buy and sell bitcoin short term because price fluctuations happens a lot in btc market and crypto world.
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May 27, 2017, 07:07:32 AM
 #2333

I think yes. Better to hold bitcoin and continue to be patient waiting for bitcoin prices to rise dramatically as now. But I think in the near future bitcoin prices will decline again and be prepared to buy it and then save it as a treasure that you will enjoy in the future.
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May 27, 2017, 07:31:02 AM
 #2334

I think yes. Better to hold bitcoin and continue to be patient waiting for bitcoin prices to rise dramatically as now. But I think in the near future bitcoin prices will decline again and be prepared to buy it and then save it as a treasure that you will enjoy in the future.
It's better to hold it for long term because the bitcoin will pump as time pass by because the bitcoin is pumping every year so I think holding it for a long term will result a great profit and it's good for investment too because example when you hold it for a year then that will be a great earning for you.



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MiguelTheMVP
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May 27, 2017, 07:58:46 AM
 #2335

That is true, If you hold a bitcoin in long time it is good way to earn a lot of money. Imagined that you invested $100 in 2010 and the $100 that you invested is now worth $72 million. That is so very high money. Even now the worth of bitcoin is continuing to rise up.
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May 27, 2017, 08:29:11 AM
 #2336

there is no guarantee doing holding would make profit. As happened some time ago. The price of bitcoin has drastically decreased so that many people holding hold feel disadvantaged. Whereas they can sell bitcoin when the rates reach 2800USD. Currently only in 2000USD, this is what makes all things uncertain.
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May 27, 2017, 08:36:07 AM
 #2337

Holding bitcoin is very good investment when compared to other commodities , but as all members suggested don't hold it ideal instead trade it with ALTCOINS and USDT...
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May 28, 2017, 10:31:02 AM
 #2338

Holding bitcoin is very good investment when compared to other commodities , but as all members suggested don't hold it ideal instead trade it with ALTCOINS and USDT...

If you trade the bitcoin against other good altcoins, you can make good profit.

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Wipro
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May 28, 2017, 10:50:54 AM
 #2339

Holding bitcoin is very good investment when compared to other commodities , but as all members suggested don't hold it ideal instead trade it with ALTCOINS and USDT...

Now ETH also seems around 100$ In USD. We can hold the bitcoins as much we can now. Buy the ETH and litecoin now. There are smart contracts projects has been araised in the Etherum. I think the ETH is second cost digi coin in future for sure.
If you compare the investing bitcoin and physical commodities. Bitcoin will be the best option for me. I can make out money easily without investing on anything due to its price potential.
yellow1
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May 28, 2017, 11:08:24 AM
 #2340

i think yes because holding bitcoin is an investment when you hold a long time if the price is high you can really earn a good profit. I think that is the good idea to hold in long term maybe it can grow and earn if the price is high. This is the easiest way to invest and if the price is stable then you can earn easily. long time is many opportunities when the price is good.
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