Bitcoin Forum
May 21, 2024, 11:14:38 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 [130] 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 »
  Print  
Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368850 times)
lixer
Hero Member
*****
Offline Offline

Activity: 2520
Merit: 586



View Profile
July 03, 2017, 08:49:18 PM
 #2581

Well, someone who invested in bitcoin at the origin when it was about $1 would now say that holding bitcoin for a long time is definitely a good way to make money.  Grin

Those people that invest while the price is at $1-$20 or even $100 they are now rich. And I know that there's a lot of people that did believed to bitcoin and hold it for a long time. They only just proved that bitcoin is a good way to make money if you just hold it for better.
well early holders are now enjoying the benefits of trusting the network and we that still here and trying our luck as well will learn from what they got,
bitcoin is for believers and long term holders we knew time will come for us and we will also enjoy those things that they achieved.
People who took risk in the early stage by adopting the bitcoin are no doubt enjoying the benefits today but one thing we need to mention is that they were the one who get their investments on risk more than us.

Today we know that the bitcoin is a powerful financial system helping the people to get rid of the old traditional financial system, which the bitcoin has proved, so we invest in it while the time these people were investing in it the bitcoin was not like this.

Vikingr
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


View Profile
July 03, 2017, 09:26:38 PM
 #2582

patience is all what we need because investing money in bitcoin for long time is worthy, you can earn big profit on just holding your money into bitcoin. So if you can afford to buy some coins at the moment grab it and make money out of it.  I know that bitcoin will cross 5000$ so its good time to buy more now.
This is very true to be patient with your investment, when you will be patient you will be having a good control on your emotions and you will take positive decisions for your investment. It is better to invest in the bitcoin instead of keeping your money at banks or at home which will lose its value with the passage of the time, while the bitcoin can give you huge profit if you invest in it for a long term.
Yes if a person will have patience and he will decide from the beginning for a time period of his investment then he will get much benefits. The emotions of him will also not deceive him and he will keep that money for a longer period in his storage to get the future expected profit.
rickadone
Legendary
*
Offline Offline

Activity: 1176
Merit: 1024



View Profile
July 04, 2017, 09:54:16 AM
 #2583

Long term investment is a less risky investment. If you invest your money to the btc there is a 100% sure that you will gaun a big profit. Many people knows about long term investment, I'm sure that they are doing it because they want to have a big profit.
Right now is the best opportunity for the long term investment in the bitcoin. I find the bitcoin a lot stronger than the past and I live the way it is resisting and fighting for its price stability.

Though the wales will still be trying to manipulate its more over to get low than $2000 so that they can get a lot more huge profit from it in the future to buy them on a cheaper price. The way the bitcoin is struggling in this bad phase is adorable, by understanding its potential power one will definitely invest in it.
Ronaldcoin2017
Sr. Member
****
Offline Offline

Activity: 1148
Merit: 300



View Profile
July 04, 2017, 10:12:15 AM
 #2584

I agree because bitcoin price can rise anytime and if you are holding it on this year..maybe next year or in the other coming three years from now its price rise up.
And if this time comes you can sell your bitcoin in high price.you can be more profitable if this happen
AjithBtc
Sr. Member
****
Offline Offline

Activity: 1666
Merit: 276


Vave.com - Crypto Casino


View Profile
July 04, 2017, 11:49:53 AM
 #2585

patience is all what we need because investing money in bitcoin for long time is worthy, you can earn big profit on just holding your money into bitcoin. So if you can afford to buy some coins at the moment grab it and make money out of it.  I know that bitcoin will cross 5000$ so its good time to buy more now.
This is very true to be patient with your investment, when you will be patient you will be having a good control on your emotions and you will take positive decisions for your investment. It is better to invest in the bitcoin instead of keeping your money at banks or at home which will lose its value with the passage of the time, while the bitcoin can give you huge profit if you invest in it for a long term.
Yes if a person will have patience and he will decide from the beginning for a time period of his investment then he will get much benefits. The emotions of him will also not deceive him and he will keep that money for a longer period in his storage to get the future expected profit.
Patience is a must while holding bitcoin for a long time period. The reason is that as it's a decentralized system the growth happens and in unexpected time the price fall takes place. And now we're not sure that whether the price increase once again. So patience is much needed on holding long term and importantly till date who has held their coins in wallet for a longer time has got big profits.

aqrulesms
Sr. Member
****
Offline Offline

Activity: 373
Merit: 250



View Profile
July 04, 2017, 09:30:30 PM
 #2586

patience is all what we need because investing money in bitcoin for long time is worthy, you can earn big profit on just holding your money into bitcoin. So if you can afford to buy some coins at the moment grab it and make money out of it.  I know that bitcoin will cross 5000$ so its good time to buy more now.
This is very true to be patient with your investment, when you will be patient you will be having a good control on your emotions and you will take positive decisions for your investment. It is better to invest in the bitcoin instead of keeping your money at banks or at home which will lose its value with the passage of the time, while the bitcoin can give you huge profit if you invest in it for a long term.
Yes if a person will have patience and he will decide from the beginning for a time period of his investment then he will get much benefits. The emotions of him will also not deceive him and he will keep that money for a longer period in his storage to get the future expected profit.
Patience is a must while holding bitcoin for a long time period. The reason is that as it's a decentralized system the growth happens and in unexpected time the price fall takes place. And now we're not sure that whether the price increase once again. So patience is much needed on holding long term and importantly till date who has held their coins in wallet for a longer time has got big profits.

Yeah and if you want to make good profits then patience is a virtue in bitcoins and people who have bought bitcoins last year and who are still holding have made huge profits by now and if they will prefer to hold for next few more years then it will give them much higher profits.

                   
      ██ ██    ██ ██    ▀ ██ ██ ██ ██  ██
      ▄▄ ▄▄ ▄▄ ▄▄ ▄▄      ▄▄ ▄▄ ▄▄ ▄▄ ▄▄
      ▀▀ ▀▀ ▀▀ ▀▀ ▀▀      ▀▀ ▀▀ ▀▀ ▀▀ ▀▀
      ██    ██ ██ ██      ██    ██ ██ ██
   ▄▄ ▄▄ ▄▄ ▄▄ ▄▄ ▄▄      ▄▄ ▄▄ ▄▄    ▄▄ ▄▄
   ▀▀ ▀▀ ▀▀ ▀▀ ▀▀ ▀▀      ▀▀ ▀▀ ▀▀    ▀▀ ▀▀
      ██ ██ ██ ██ ██      ██ ██ ██ ██ ██    ██  
▄▄    ▄▄ ▄▄    ▄▄ ▄▄      ▄▄    ▄▄ ▄▄ ▄▄
▀▀    ▀▀ ▀▀    ▀▀ ▀▀      ▀▀    ▀▀ ▀▀ ▀▀
     ▀ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██
    ██  ▄  ▄▄  ▄ ▄▄ ▄▄ ▄▄ ▄  ▄▄ ▄▄ ▄▄ ▄▄
        ▄▄ ▀▀ ▄▄ ▀▀ ▀▀ ▀▀ ▄▄ ▀▀ ▀▀ ▀▀ ▀▀
        ▀▀  ▀ ▀▀ ██ ██ ██ ▀▀  ▀  ██ ██
         ██ ██ ▄▄ ▄▄    ▄▄ ██ ██ ▄ ▄▄
           ▄▄  ▀▀ ▀▀    ▀▀      ▄▄ ▀▀
           ▀▀    ██ ██ ██ ██ ██ ▀▀
UCHAIN  ▄█▄   
▀█▀
▄ ▄
███
 ▀
█▄█
▀█▀
▄ ▄
███
 ▀
█▄█
▀█▀
▄█▄   
▀█▀
▄ ▄
███
 ▀
█▄█
▀█▀
▄ ▄
███
 ▀
█▄█
▀█▀
▄█▄   
▀█▀
▄ ▄
███
 ▀
█▄█
▀█▀
▄ ▄
███
 ▀
█▄█
▀█▀
.████████████████████████.
██████████████████████████
██████████████████████████
███▄     ███████     ▄████
█████     █████     ██████
█████ ▌    ███▌     ██████
█████ █     █▌ ▐    ██████
█████ ██      ▐█    ██████
█████ ███    ▐██    ██████
████▀ ▀███   ███    ██████
██▀     ▀██ ██▀      ▀████
██████████████████████████
.████████████████████████.
.████████████████████████.
██████████████████████████
██████████████▀     ▀█████
███ ▀████████▌        ▄███
███    ▀████▀        ▄████
███                 ▐█████
████                ▐█████
██████              ██████
███████           ▄███████
██████▀         ▄█████████
████▄▄      ▄▄████████████
██████████████████████████
.████████████████████████.
.███████████████████████.
█████████████████████████
███████████████████▀▀▀███
█████████████▀▀▀ ▄    ███
████████▀▀     ▄█▀   ▐███
████▀▀       ▄█▀     ████
█▀         ▄██      ▐████
████▄▄▄  ▄██▀       █████
███████████        ▐█████
██████████         ██████
██████████ ▄██▄▄  ▐██████
█████████████████████████
.███████████████████████.
mostkey
Sr. Member
****
Offline Offline

Activity: 742
Merit: 253



View Profile
July 04, 2017, 10:55:33 PM
 #2587

I agree because bitcoin price can rise anytime and if you are holding it on this year..maybe next year or in the other coming three years from now its price rise up.
And if this time comes you can sell your bitcoin in high price.you can be more profitable if this happen


Okay, it's a chance that may happen, but if we start thinking to get more profit you can start at ICO, because we can give profit that has been reflected clearly.
For that we can start with a definite advantage in the can.
Inspector 2211
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
July 04, 2017, 11:02:19 PM
 #2588

I agree because bitcoin price can rise anytime and if you are holding it on this year..maybe next year or in the other coming three years from now its price rise up.
And if this time comes you can sell your bitcoin in high price.you can be more profitable if this happen


Okay, it's a chance that may happen, but if we start thinking to get more profit you can start at ICO, because we can give profit that has been reflected clearly.
For that we can start with a definite advantage in the can.

Yes ICO can give you massive profits if you have invested in a right one and holding bitcoins will give you good profits only if the price of bitcoin goes higher in future and no one is sure what will happen in future so to make good profits in short term we should start investing in different ICO projects.

               ▄█▄
            ▄█ ▀█▀
     ▄ ▄███▄▄████▄▀ ▄▄▀▄
    ▀█▄████
██████▀▄█████▀▄▀
   ▄█▀▄
███████████████████▄
 ▄██▀█▀
▀▀▀███▀▀▀█████▄▄▄▀█▀▄
 ▄█▀▀   ▀█
███▀▄████████ █▀█▄▄
██▀  ▀ ▀ ▀
██████████▄   ▄▀▀█▄
     ▀ ▀
  ███▀▀▀▀▀████▌ ▄  ▀
          ████████████▌   █
        █████████████▀
        ▀▀▀██▀▀██▀▀
           ▀▀  ▀▀
BTC-GREEN       ▄▄████████▄▄
    ▄██████████████▄
  ▄██████
██████████████▄
 ▄███
███████████████████▄
▄█████████████████████████▄
██████████████████████████
███████████████████████████
███████████████████████████
▀█████████████████████████▀
 ▀███████████████████████▀
  ▀█████████████████████▀
    ▀█████████████████
       ▀▀█████████▀▀
Ecological Community in the Green Planet
❱❱❱❱❱❱     WHITEPAGE   |   ANN THREAD     ❰❰❰❰❰❰
           ▄███▄▄
       ▄▄█████████▄
      ▄████████████▌
   ▄█████████████▄▄
 ▄████████████████████
███████████████▄
▄████████████████████▀
███████████████████████▀
 ▀▀██████▀██▌██████▀
   ▀██▀▀▀  ██  ▀▀▀▀▀▀
           ██
           ██▌
          ▐███▄
.
Darknight31
Full Member
***
Offline Offline

Activity: 209
Merit: 100


View Profile
July 05, 2017, 12:13:27 AM
 #2589

Put some in coldstorage. But for Bitcoin to succeed I also think you should use them, to buy, trade etc.
There is nothing wrong with hoarding your bitcoin but i guess not for too long. You gotta use it anywhere to make it sense. You have to take risks.
TheKingofBubble
Member
**
Offline Offline

Activity: 108
Merit: 10


View Profile
July 05, 2017, 12:44:13 AM
 #2590

That's like asking, is buying real estate a good investment? As with anything, market conditions and price are important. When do you buy, and at what price?

Bitcoin has so far historically, been a great investment. So has litecoin, ethereum and ripple.

 🔴⭕🔴 PepperMint Shiba ⭕🔴⭕    4% Reflections | Start Staking Here.  🚀🚀🚀
iram1011
Hero Member
*****
Offline Offline

Activity: 896
Merit: 521



View Profile
July 05, 2017, 01:11:15 AM
 #2591

That's like asking, is buying real estate a good investment? As with anything, market conditions and price are important. When do you buy, and at what price?

Bitcoin has so far historically, been a great investment. So has litecoin, ethereum and ripple.
True, bitcoin has proven to be an excellent investment in the past and it still has a huge potential of growing. I consider this time to be a initial phase. Bitcoin has more to go and is a perfect investment today as well. I think it is better investment than many other assets or commodities.
Vishnu.Reang
Sr. Member
****
Offline Offline

Activity: 1974
Merit: 453



View Profile WWW
July 05, 2017, 03:57:19 AM
 #2592

Don't ask anyone. Just check the history. Apart from the dip during 2014-16, Bitcoin investments has given at least 1,000% ROI (if held for more than 3 years). I don't want to make predictions, but I am confident that if you have the confidence and patience, then Bitcoin investments will give you good returns in the future as well.
BTC786
Sr. Member
****
Offline Offline

Activity: 495
Merit: 250


View Profile
July 05, 2017, 06:33:51 AM
 #2593

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?

Bitcoin will hit 1Mn as per the experts.

https://cointelegraph.com/news/goldman-sachs-bitcoin-price-is-in-sweet-spot-eyes-4000-in-2017
Japinat
Hero Member
*****
Offline Offline

Activity: 2982
Merit: 680



View Profile
July 05, 2017, 07:46:54 AM
 #2594

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?

Bitcoin will hit 1Mn as per the experts.

https://cointelegraph.com/news/goldman-sachs-bitcoin-price-is-in-sweet-spot-eyes-4000-in-2017
Coming from a reputable group, we should believe it will happen.
I am also confident it will he achieve easily this year, hello.. We are close to $3,000 dollars already and we still have more months to end this year,
I think  we will see that soon, you know a lot of surprises will happen so we should be ready with that.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
ArnoldChippy
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile
July 05, 2017, 09:42:03 PM
 #2595

I agree because bitcoin price can rise anytime and if you are holding it on this year..maybe next year or in the other coming three years from now its price rise up.
And if this time comes you can sell your bitcoin in high price.you can be more profitable if this happen
i think every person has the same thinking here, they are confident about the price of bitcoin that  it will increase too much, i myself confident that lding bitcoin in present time and specially for long term investment is a very good decision.

▄▄▄▄
▐████▌
▀██▀
▐▌
▄██▄
▄▄▄▄ ▐████▌ ▄▄▄▄
▐████▌ ▀▀▀▀ ▐████▌
████  ▄▄▄▄  ████
▐████▌
▄▄▄▄        ▄▄▄▄  ▀██▀  ▄▄▄▄        ▄▄▄▄
▐████▌      ▐████▌  ▐▌  ▐████▌      ▐████▌
▀██▀  ▄▄▄▄  ▀██▀  ▄██▄  ▀██▀  ▄▄▄▄  ▀██▀
▐▌  ▐████▌  ▐▌  ▐████▌  ▐▌  ▐████▌  ▐▌
▄██▄  ▀██▀  ▄██▄  ▀██▀  ▄██▄  ▀██▀  ▄██▄
▐████▌  ▐▌  ▐████▌  ▐▌  ▐████▌  ▐▌  ▐████▌
▀▀▀▀  ▄██▄  ▀▀▀▀  ▄██▄  ▀▀▀▀  ▄██▄  ▀▀▀▀
▐████▌      ▐████▌      ▐████▌
▀▀▀▀  ████  ▀▀▀▀  ████  ▀▀▀▀
▐████▌      ▐████▌
▀▀▀▀        ▀▀▀▀
ivy|..FACILITATING SECURE, TRANSPARENT...........
..
BUSINESS PAYMENTS ON A GLOBAL SCALE....

..─────────  ❱❱  WHITEPAPER  ❰❰  ─────────..
|
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
|.JOIN US NOW!.|
ladydark
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile
July 06, 2017, 08:10:44 AM
 #2596

Bitcoin market is totally different from altcoin market.In altcoin market,long term investment could not be expected to give profits since it is highly volatile market.But in bitcoin,investment should be made in long term basis and short term benefits could not be expected.We could see that bitcoin price was just $850 and now within six months,its price is now $2550.So holding bitcoins is the best way to make more profits.

Bunsomjelican
Sr. Member
****
Offline Offline

Activity: 812
Merit: 251



View Profile
July 06, 2017, 09:29:06 AM
 #2597

Holding a coins in a long term was really profitable one. All just we need to do is patiently wait for the price increase of the coins
we hold. I know many of the bitcoin community doing this things.
KingdomHearts
Hero Member
*****
Offline Offline

Activity: 896
Merit: 514


View Profile
July 06, 2017, 04:53:29 PM
 #2598

Well, someone who invested in bitcoin at the origin when it was about $1 would now say that holding bitcoin for a long time is definitely a good way to make money.  Grin

Those people that invest while the price is at $1-$20 or even $100 they are now rich. And I know that there's a lot of people that did believed to bitcoin and hold it for a long time. They only just proved that bitcoin is a good way to make money if you just hold it for better.
well early holders are now enjoying the benefits of trusting the network and we that still here and trying our luck as well will learn from what they got,
bitcoin is for believers and long term holders we knew time will come for us and we will also enjoy those things that they achieved.
People who took risk in the early stage by adopting the bitcoin are no doubt enjoying the benefits today but one thing we need to mention is that they were the one who get their investments on risk more than us.

Today we know that the bitcoin is a powerful financial system helping the people to get rid of the old traditional financial system, which the bitcoin has proved, so we invest in it while the time these people were investing in it the bitcoin was not like this.
It’s not only about investing. It involves the right decisions on right times. Keep the fluctuations of the exchange rate in your site. It may increase after sometime. Long term investments also need activity regarding the ups and downs in the market.

The people who have made their dream of becoming rich true were not only interested in getting richer. They made it because of their smart minds and master plans. This needs a mastermind to be involved in the earnings. Because, he or she will keep on looking at all the significant factors of the market.
michkima
Hero Member
*****
Offline Offline

Activity: 896
Merit: 514


View Profile
July 06, 2017, 05:52:26 PM
 #2599

Well, someone who invested in bitcoin at the origin when it was about $1 would now say that holding bitcoin for a long time is definitely a good way to make money.  Grin

Those people that invest while the price is at $1-$20 or even $100 they are now rich. And I know that there's a lot of people that did believed to bitcoin and hold it for a long time. They only just proved that bitcoin is a good way to make money if you just hold it for better.
well early holders are now enjoying the benefits of trusting the network and we that still here and trying our luck as well will learn from what they got,
bitcoin is for believers and long term holders we knew time will come for us and we will also enjoy those things that they achieved.
People who took risk in the early stage by adopting the bitcoin are no doubt enjoying the benefits today but one thing we need to mention is that they were the one who get their investments on risk more than us.

Today we know that the bitcoin is a powerful financial system helping the people to get rid of the old traditional financial system, which the bitcoin has proved, so we invest in it while the time these people were investing in it the bitcoin was not like this.
It’s not only about investing. It involves the right decisions on right times. Keep the fluctuations of the exchange rate in your site. It may increase after sometime. Long term investments also need activity regarding the ups and downs in the market.

The people who have made their dream of becoming rich true were not only interested in getting richer. They made it because of their smart minds and master plans. This needs a mastermind to be involved in the earnings. Because, he or she will keep on looking at all the significant factors of the market.

Yeah, the problem with people that work hard is that they don't work smart. That means that if they just work a minimum wage job, then there is really going to be a problem if he wants to be rich. He would have to work a million years before he would be able to be rich. Unlike smart workers that make their money work for them.
Monnt
Legendary
*
Offline Offline

Activity: 938
Merit: 1002


View Profile
July 06, 2017, 09:03:52 PM
 #2600

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?

Bitcoin will hit 1Mn as per the experts.

https://cointelegraph.com/news/goldman-sachs-bitcoin-price-is-in-sweet-spot-eyes-4000-in-2017
Coming from a reputable group, we should believe it will happen.
I am also confident it will he achieve easily this year, hello.. We are close to $3,000 dollars already and we still have more months to end this year,
I think  we will see that soon, you know a lot of surprises will happen so we should be ready with that.
Well said. It’s absolutely prudent to believe in the enormous potential of bitcoins. Bitcoins definitely have bright future in crypto market. There’s no method best than holding on to your bitcoins as longer as possible. This demands little patience but is really tremendously profitable.

Bitcoins are becoming popular all over the world with the speed of light. It’s highly expected that bitcoins are going to exhibit high values in the end of year. Those who are holding on to bitcoins, great surprises are waiting for them. Good luck!
Pages: « 1 ... 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 [130] 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!