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

[FLoving]

Been holding my bitcoin for a year now and will be holding this for a long time i guess. With the growing support of bitcoin and with the news, definitely this coin is worth the wait. Waiting for $10,000 and i sell some.

As quoted the price will surely reach bigger number than the present. To understand the perfect growth of the bitcoin it's good to prepare a growth table from year to year starting from the days of usage. So holding is highly profitable and the right way to make a better earning.

Yes if a person will look at the past and schedules all the time of bitcoin price that how much the price of bitcoin increased in the previous years then he will notice that bitcoin is going to positive and is giving to almost all of its investors a good profit who have kept their coins for longer period.

in fact i have already invested money for long term, to me i have good experience in long term investment but do not have any experience in short term investment. to me i think in present position short term investment may be more risky because of the increasing price of bitcoin, therefore i will go for short term investment.

Yes in the present time is a person is searching for a short-term investment then it will be risky for him to invest in Bitcoin because the price rise up and down more frequently. But in that situation the header of an urn a good income because they know their that went with the price increase and when will go down so they buy Bitcoin when the price is down and sell them when the price rise again.

If anyone is interested to invest for short-term then I will suggest them to invest in some altcoins because in short-term you can get profit from altcoins. Along with that you can also invest your money in ico because the profit from these ICO give you a good income when they end up.

[Finestream]

This thread has gone on for far too long but I'll just add my input anyway...

Bitcoin is volatile but history shows that in the long run it always ends up rising in price so I think only an idiot would do much other than holding long term.

It should be understood by every investor, it will not gonna be an easy journey especially if they are holding for longer term. This is a good investment but we have to understand that the market is not stable yet, however despite of that the reward is very promising because crypto currencies will likely be the future of currencies in this world, not that it will replace the current system installed by the government but at least we have a chance to exist together with the present currency.

[marseille]

Been holding my bitcoin for a year now and will be holding this for a long time i guess. With the growing support of bitcoin and with the news, definitely this coin is worth the wait. Waiting for $10,000 and i sell some.

As quoted the price will surely reach bigger number than the present. To understand the perfect growth of the bitcoin it's good to prepare a growth table from year to year starting from the days of usage. So holding is highly profitable and the right way to make a better earning.

Yes if a person will look at the past and schedules all the time of bitcoin price that how much the price of bitcoin increased in the previous years then he will notice that bitcoin is going to positive and is giving to almost all of its investors a good profit who have kept their coins for longer period.

in fact i have already invested money for long term, to me i have good experience in long term investment but do not have any experience in short term investment. to me i think in present position short term investment may be more risky because of the increasing price of bitcoin, therefore i will go for short term investment.

Yes in the present time is a person is searching for a short-term investment then it will be risky for him to invest in Bitcoin because the price rise up and down more frequently. But in that situation the header of an urn a good income because they know their that went with the price increase and when will go down so they buy Bitcoin when the price is down and sell them when the price rise again.

If anyone is interested to invest for short-term then I will suggest them to invest in some altcoins because in short-term you can get profit from altcoins. Along with that you can also invest your money in ico because the profit from these ICO give you a good income when they end up.

Yes investing in ICO is a good way to make profits in short term but we need to make sure that we invest in it after doing a good research as investing without any research can be risky and may lead to loss as many ICOs have failed in the past to give promising returns to their investors.

[Sled]

This thread has gone on for far too long but I'll just add my input anyway...

Bitcoin is volatile but history shows that in the long run it always ends up rising in price so I think only an idiot would do much other than holding long term.

It should be understood by every investor, it will not gonna be an easy journey especially if they are holding for longer term. This is a good investment but we have to understand that the market is not stable yet, however despite of that the reward is very promising because crypto currencies will likely be the future of currencies in this world, not that it will replace the current system installed by the government but at least we have a chance to exist together with the present currency.

You are right that is why we should be patient in using or holding bitcoin because it can compete the current financial systems that we have now and we can really make good profits in long term because the market in the future will be stable and very high volume so it is worth it to hold bitcoin for a very long time because it can make your millionaire.

[nmaryrai]

Holding bitcoin i thinks no different with holding gold. Value always continue to grow, even in the future bitcoin more potential and profitable than gold.

Yeah you're right holding Bitcoin is same as gold but we cannot get a big profit from gold because gold is much more stable and gold increasing its price too much slow and we know that bitcoin increasing its price too much faster and we can easily get a big profit in short time from Bitcoin so invest your money in Bitcoin is much more better than gold.

The worst thing that you can do in investments is to chase stuffs that gives you big profit. The higher the profit, the higher the risk that it has. If you don't completely know what you're doing in bitcoins, I recommend to hold gold instead. Gold has been proven to be profitable and it will continue to have a function in the industry especially in the technology field. If there's a thing that can substitute gold and is more cost efficient, they should have discovered and used it by now. But there's still none.

Bitcoin can easily become obsolete when a new technology comes in and we all know that it's bound to happen at some point. Lightning network is believe as a vaporware by now but we don't know when's that going change.

Every investment that we do, certainly has a period of time for how long we invest in it. As well on bitcoin, maybe we can specify for 5 years or maybe even for 20 years. Because it's true with your opinion, when new technology comes in may be bitcoin to be obsolete.

[Duzter]

Unlike the time period, holding of bitcoin is always profitable. The proof that it grows from time to time can be understood through the price chart from the days of bitcoin being used as an alternate for all our financial needs.

[anami57]

Unlike the time period, holding of bitcoin is always profitable. The proof that it grows from time to time can be understood through the price chart from the days of bitcoin being used as an alternate for all our financial needs.

Yes, profitable. Even just hold it. For people who are super busy but interested in good opportunities owned by bitcoin, certainly hold's option. My advice, will be more profitable if we learn to trade, so we can make bitcoin grow faster.

[AjithBtc]

Holding bitcoin i thinks no different with holding gold. Value always continue to grow, even in the future bitcoin more potential and profitable than gold.

Yeah you're right holding Bitcoin is same as gold but we cannot get a big profit from gold because gold is much more stable and gold increasing its price too much slow and we know that bitcoin increasing its price too much faster and we can easily get a big profit in short time from Bitcoin so invest your money in Bitcoin is much more better than gold.

The worst thing that you can do in investments is to chase stuffs that gives you big profit. The higher the profit, the higher the risk that it has. If you don't completely know what you're doing in bitcoins, I recommend to hold gold instead. Gold has been proven to be profitable and it will continue to have a function in the industry especially in the technology field. If there's a thing that can substitute gold and is more cost efficient, they should have discovered and used it by now. But there's still none.

Bitcoin can easily become obsolete when a new technology comes in and we all know that it's bound to happen at some point. Lightning network is believe as a vaporware by now but we don't know when's that going change.

Every investment that we do, certainly has a period of time for how long we invest in it. As well on bitcoin, maybe we can specify for 5 years or maybe even for 20 years. Because it's true with your opinion, when new technology comes in may be bitcoin to be obsolete.

This could happen, but in my view when something high gets into usage along with technology updating the competence might increase and not the system gets out of use. If that's gonna happen already now paper money could have went out of usage.

[gabmen]

Unlike the time period, holding of bitcoin is always profitable. The proof that it grows from time to time can be understood through the price chart from the days of bitcoin being used as an alternate for all our financial needs.

Yes, profitable. Even just hold it. For people who are super busy but interested in good opportunities owned by bitcoin, certainly hold's option. My advice, will be more profitable if we learn to trade, so we can make bitcoin grow faster.

Right. Though trading would take time and effort for studying about coin movements and fluctuations. Its not simply a passive way to earn money. Sometimes pu.ps and dumps happen way too quick so you have to invest time to make sure you're there at the right moment.

[Banjiro]

I think so
holding bitcoin for the long term is a good wy to make money
we know that bitcoin is always increase every year

[Intersan]

This thread has gone on for far too long but I'll just add my input anyway...

Bitcoin is volatile but history shows that in the long run it always ends up rising in price so I think only an idiot would do much other than holding long term.

Indeed, the price of bitcoin continue to go up. There are times that bitcoin’s price would suddenly go down which make others worry but then would rise again. These fluctuations also shows how bitcoin’s price affects investor’s interest.

 I have gained interest into bitcoin when its price equivalent is less than 50K in Philippine Peso. I can say that the sacrifices I have done was all worth it. I am now using my earnings to assists some of financial needs. I do not think that holding bitcoin is wrong. Bitcoin’s price may continue to go up and its price would be delightful in the future. If this happens, holding bitcoin for a long time will be worth it.

[Hutalar]

From two years ago, now you can see the profit of having btc as now its rate nearly $2800.

it is because from that time the market of bitcoin is going very well and it is going to used widely for the merchants that is the thing which is making it favorable currency and it is growing because of that. The other point is that Japan has accepted it as a legal currency for their state which also made it a more stronger and more trusted currency for the people.

[Japinat]

From two years ago, now you can see the profit of having btc as now its rate nearly $2800.

it is because from that time the market of bitcoin is going very well and it is going to used widely for the merchants that is the thing which is making it favorable currency and it is growing because of that

Expect that in time the price will definitely go up, it's what we are waiting and we will be satisfied with that happening to benefit from our investment.
Bitcoin as a popular currency will invite the attention of business minded to operate using bitcoin in their system, as you have observed there's plenty of business who uses the blockchain especially in the altcoins market and bitcoin is one of the leading currency to exchange tokens or coins.

[Shutup]

Yes holding bitcoin is like a sleepinng giant that you could sell in time you want to dispose it.According to the predictions BTC will hit the price of 10000$ each.If you can hold it until that tme you have the chance to be a millionaire,because for sure you save a big qauntity of bitcoin that time.Many good opportunities waiting to every bitcoiners that every bitcoiners is the benificiaries of all this benifits from bitcoins.

[roadbits]

Yes holding bitcoin is like a sleepinng giant that you could sell in time you want to dispose it.According to the predictions BTC will hit the price of 10000$ each.If you can hold it until that tme you have the chance to be a millionaire,because for sure you save a big qauntity of bitcoin that time.Many good opportunities waiting to every bitcoiners that every bitcoiners is the benificiaries of all this benifits from bitcoins.

Your idea is good, but it will work out or not I have bit doubt. The price of the bitcoin will increase this is sure, and because of this people are saving bitcoins, but you saying it will hit $10k is this is possible? Maybe it is, but not in next 5 years, and it will take more than 5 years. You don't need any extra money to lead your life then you can save more bitcoins. But those who need money they can not save more bitcoins. Holding Bitcoin is worth but not too much time whenever the price looks good to sell it and make money. 

[matchi2011]

Yes holding bitcoin is like a sleepinng giant that you could sell in time you want to dispose it.According to the predictions BTC will hit the price of 10000$ each.If you can hold it until that tme you have the chance to be a millionaire,because for sure you save a big qauntity of bitcoin that time.Many good opportunities waiting to every bitcoiners that every bitcoiners is the benificiaries of all this benifits from bitcoins.

Your idea is good, but it will work out or not I have bit doubt. The price of the bitcoin will increase this is sure, and because of this people are saving bitcoins, but you saying it will hit $10k is this is possible? Maybe it is, but not in next 5 years, and it will take more than 5 years. You don't need any extra money to lead your life then you can save more bitcoins. But those who need money they can not save more bitcoins. Holding Bitcoin is worth but not too much time whenever the price looks good to sell it and make money. 

That makes a lot of sense. I agree thay bitcoin may reach that crazy amount but it may take quite a long time to hold if you're aiming for that high. And unforseen situations do happen so some people like you who would like to earn long term may find a situation when they would have to sell their btcs. Better yet, save half then sell half. Gives you peace of mind to know that you still have btcs in your hand after selling some

[AakZaki]

Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend

[batang_bitcoin]

Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend

Holding is the best investment and I won't hold if there's no single person says that holding is not good. That's why holding your bitcoins for years or months will give you profit and beneficial. But your bitcoins will not grow exponentially but the value of it because there are some that are misleading because of other's explanation.

[Ziskinberg]

Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend

Holding is the best investment and I won't hold if there's no single person says that holding is not good. That's why holding your bitcoins for years or months will give you profit and beneficial. But your bitcoins will not grow exponentially but the value of it because there are some that are misleading because of other's explanation.

No doubt but holding bitcoin alone is very risky, you got to be able diversify your investment, if you are willing to put majority of your portfolio in bitcoin. What I did is I also bought some altcoins than can be traded with bitcoin and I been doing it for years and result is good for me, however I cannot say I am already successful because I am still holding it now, maybe if I will be able to sell it and take profit, that's the time to conclude I am.

[TheGodFather]

Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend

Yes it is, bitcoin is a good investment someday. Many bussiness man are now using it and earning it now. They are now buying coins and storing it in their wallet and for it to increase its value or to have a profit on it. Holding coins is worth it you will realize it someday. They will be rich when they save it now.