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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368850 times)
KnightElite
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June 22, 2017, 12:18:47 AM
 #2521

Yes,it has been already been proved many times that holding bitcoins for a long time will be profitable.For example,if you had 1 bitcoin in your wallet in december 2016 when its price was $850,by now within six months you would have earned around $1750 for just one bitcoin.Holding it for long time is always profitable.
You have a good point. I read some articles about the future of the bitcoin and I found out that many expert says that bitcoin in ten years from now will become $200,000 each and it is big amount of money.
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June 22, 2017, 07:03:28 AM
 #2522

Yes,it has been already been proved many times that holding bitcoins for a long time will be profitable.For example,if you had 1 bitcoin in your wallet in december 2016 when its price was $850,by now within six months you would have earned around $1750 for just one bitcoin.Holding it for long time is always profitable.
You have a good point. I read some articles about the future of the bitcoin and I found out that many expert says that bitcoin in ten years from now will become $200,000 each and it is big amount of money.
That's a mere speculation and what makes it good is more expert are predicting the price will substantially rise in the future.
Whatever the price will be as long as we can sell for a profit, we should be thankful with that.

Starting to save now will make our dreams happen, just believe.

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Sidas_Crew669
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June 22, 2017, 07:35:00 AM
 #2523

As we know that there is a continuous fluctuations in the price of bitcoins, holding your bitcoins doesn't seem like a viable option even though atimes the profit might be made. Likely, I would say trading with some of your bitcoins and holding some of the rest.

hahaha, it's all just crap friends. An advantage that comes from we have a good confidence in the things we do, if indeed you have the best stuff in the past against bitcoin then I am sure in time now you will get many advantages. Because in the past the price of bitcoin is extremely low and if you use most on the money you have to buy some of the bitcoin, then surely the price now is very good for all the profit.
 
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June 22, 2017, 07:45:55 AM
 #2524

I was insisted to hold bitcoin as much possible, so to make a better profit. I was explained with the help of an price chart where the price has grown higher with fluctuations happening in between. The same fluctuations have never made the price stay low for a long time period.
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June 22, 2017, 01:53:04 PM
 #2525

I think it is a very good idea because many people believe in Bitcoin and the more people who adopt it the higher the value. It's still in it's youth so we can all still benefit. Holding Bitcoin is probably the best thing you can do for yourself right now. Also investing in some altcoins to accelerate that. There many good altcoins.
Jewell
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June 22, 2017, 08:31:08 PM
 #2526

As we know that there is a continuous fluctuations in the price of bitcoins, holding your bitcoins doesn't seem like a viable option even though atimes the profit might be made. Likely, I would say trading with some of your bitcoins and holding some of the rest.

Seriously, why would people that are holding their coins for the long term care about short term fluctuations? I have bought most of my coins below the $500 level for long term holding purposes. I have seen the wildest peaks and dumps that you can imagine after that, but did it have any impact on my long term investment? No. Look where were are today.... TLDR -- fluctuations don't matter to people holding their coins for a long period of time. It only matters to traders.
Yes the traders can do short term trade as they know well when to sell and when to buy again but if a person will not know about the trade then he do not have to go for short time as he will lose much of opportunities. for him long term is better.
I have to disagree reagrding that. I short trading is less riskier than long term trading since you can still hold if dumps cost you. For this reason, it's safer to shor trading than long trading.
but short term trading is more risky than long term trading and specially if you do not have any experience in trading. because if you have invested your bitcoin for short term an if the price start decreasing for taking correction then you will become worry about your investment and will sell your bitcoin even at lost. but if you have invested our money for long term then you will not take care for such minor decrease and will remain confident and will never feel the need to sell your bitcoin.
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June 22, 2017, 08:37:26 PM
 #2527

I think it is a very good idea because many people believe in Bitcoin and the more people who adopt it the higher the value. It's still in it's youth so we can all still benefit. Holding Bitcoin is probably the best thing you can do for yourself right now. Also investing in some altcoins to accelerate that. There many good altcoins.

It will always a very good thing to hold bitcoin. And if you are playing to keep on holding that will give you a better profit there are some risk because the price is down but most of the time the price is good to increase.

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TrumpD
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June 22, 2017, 09:25:31 PM
 #2528

On current evidence - yes. I always recommend holding bitcoins, but the reality is that the price will not increase for ever. At some point in the near or distant future it will level up  or start depreciating. Adding other coins to your portfolio isn't a bad idea.
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June 22, 2017, 09:45:52 PM
 #2529

Well if you are going to look back you would definitely get the answer it has increase too much from where it begins,
I just hope it continue to increase and make some profit from it too.

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June 22, 2017, 09:51:17 PM
 #2530

Holding can give you good opportunities but you shouldn't forget that you can't wait forever. You need to trade as well.
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June 22, 2017, 10:09:29 PM
 #2531

I think it is a very good idea because many people believe in Bitcoin and the more people who adopt it the higher the value. It's still in it's youth so we can all still benefit. Holding Bitcoin is probably the best thing you can do for yourself right now. Also investing in some altcoins to accelerate that. There many good altcoins.

It will always a very good thing to hold bitcoin. And if you are playing to keep on holding that will give you a better profit there are some risk because the price is down but most of the time the price is good to increase.
Everyone predicts that bitcoin prices will always increase, but we do not know when it will happen .. How when we need real money and then the price of bitcoin is decreasing. We will eventually earn a little money. So holding is not necessarily much better in my opinion. All must be in accordance with the conditions.
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June 22, 2017, 10:23:29 PM
 #2532

There are no guarantees that you will make money from it, but I consider this one of the best ways to preserve our wealth, much better than keeping your money in fiat, especially if you live in a country with astronomical inflation rates.

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June 22, 2017, 10:42:26 PM
 #2533

You should never have all of your eggs in one baske, however a % of your portfolio invest in bitcoin is a sure thing IMO.
But if the basket is more safer than any other place then it is not wrong to pace all of your eggs in one basket to make the secure. I am suggesting that bitcoin is a more secure place of investment if any person will invest all of his money in bitcoin then he have to invest as it will benefit in long term.
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June 22, 2017, 10:45:02 PM
 #2534

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.
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June 23, 2017, 06:47:54 AM
 #2535

I think it is a very good idea because many people believe in Bitcoin and the more people who adopt it the higher the value. It's still in it's youth so we can all still benefit. Holding Bitcoin is probably the best thing you can do for yourself right now. Also investing in some altcoins to accelerate that. There many good altcoins.

It will always a very good thing to hold bitcoin. And if you are playing to keep on holding that will give you a better profit there are some risk because the price is down but most of the time the price is good to increase.
Everyone predicts that bitcoin prices will always increase, but we do not know when it will happen .. How when we need real money and then the price of bitcoin is decreasing. We will eventually earn a little money. So holding is not necessarily much better in my opinion. All must be in accordance with the conditions.

We don't know what will happen but everyone has the same words like this "bitcoin will increase in the future so just keep on holding". And sometimes there are situations like that happening, when we do really need some cash the struggle is starting by seeing the price of bitcoin to decrease.

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June 23, 2017, 07:24:39 AM
 #2536

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.
Bitcoin has huge potential, it's already proved and last few days it become skyrocketing. Bitcoin will make us profitable and I have strong believe this currency. It's legit way to make money by holding.

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June 23, 2017, 07:35:49 AM
 #2537

I think it is a very good idea because many people believe in Bitcoin and the more people who adopt it the higher the value. It's still in it's youth so we can all still benefit. Holding Bitcoin is probably the best thing you can do for yourself right now. Also investing in some altcoins to accelerate that. There many good altcoins.

It will always a very good thing to hold bitcoin. And if you are playing to keep on holding that will give you a better profit there are some risk because the price is down but most of the time the price is good to increase.
Everyone predicts that bitcoin prices will always increase, but we do not know when it will happen .. How when we need real money and then the price of bitcoin is decreasing. We will eventually earn a little money. So holding is not necessarily much better in my opinion. All must be in accordance with the conditions.

We don't know what will happen but everyone has the same words like this "bitcoin will increase in the future so just keep on holding". And sometimes there are situations like that happening, when we do really need some cash the struggle is starting by seeing the price of bitcoin to decrease.
That's why we have to only put the amount that is intended for investment so we will not panic sell when something bad happen
or we will not think of selling anytime. This should be our long term investment and only sell once you achieve your goal on the desired price.

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REGIONAL
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EUROPEAN
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Savemore
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June 23, 2017, 07:45:28 AM
 #2538

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.
Bitcoin has huge potential, it's already proved and last few days it become skyrocketing. Bitcoin will make us profitable and I have strong believe this currency. It's legit way to make money by holding.
Yeah you're correct. Bitcoin has huge potential. The value of the bitcoin is always rising up and it is very profitable. If we store our bitcoin in our storage and wait many months or years you will see the big amount of profit.
crazycatwoman03
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June 23, 2017, 08:43:55 AM
 #2539

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.

Holding bitcoin for a long time is also another choice to gain profit from it. There is nothing wrong with holding it as long as you know that it is safe for your bitcoin to be in there. You still have to make sure that what you used for storing it is secured because having a huge amount of bitcoin in an online wallet can be attractive to the eyes of hackers or cyberpunks.

It is your choice to make whether to hold your money for a long time but you have to consider that there are times when the bitcoin’s market price is good for selling it. You might still want to try other ways to grow your bitcoin by using a portion of your money.

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nakata90
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June 23, 2017, 10:43:54 AM
 #2540

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.
Bitcoin has huge potential, it's already proved and last few days it become skyrocketing. Bitcoin will make us profitable and I have strong believe this currency. It's legit way to make money by holding.
Yeah you're correct. Bitcoin has huge potential. The value of the bitcoin is always rising up and it is very profitable. If we store our bitcoin in our storage and wait many months or years you will see the big amount of profit.
Are you sure? I not think the price of Bitcoin always rising up, sometime it need fall down and sideway before rising again, not things on market can rising forever, carefully! But in next time the price of Bitcoin can rising up because it complete price adjustment and will comeback soon to test resist line again Wink




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K O I N P R O.
TRADE CRYPTO AND STOCK CFD WITH BITCOIN
[


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.NO KYC



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.EARN KOI


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. 100x LEVERAGE



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.SUPER FAST
].
UNIQUE DOUBLE-UP
CONTRACT

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