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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368850 times)
Baijit20
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August 09, 2017, 05:25:01 PM
 #2661

of course,,bitcoin holding is the best and only one way to make mony.because bitcoin price risig day by day..and thik after 5-6 years bitcoin price sky high.
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August 09, 2017, 05:49:15 PM
 #2662

Of course it is! Check the history!) Hold a few BTC and in 10 years you will be rich

If you hold a few BTC then you are already rich my friend. If my vision is right then BTC will definitely reach $10000 price in 4-5 years and the holders will be ultra rich.

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August 10, 2017, 12:48:59 PM
 #2663

Investments in bitcoins should be made in a long term basis and short term investments suits only for altcoins.Bitcoin does not give huge returns in short period of time.Bitcoin price has raised from $850 in december 2016 to around $3380 today in just eight months.So,longer,we hold bitcoins,larger will be the profits.
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August 10, 2017, 12:58:22 PM
 #2664

Investments in bitcoins should be made in a long term basis and short term investments suits only for altcoins.Bitcoin does not give huge returns in short period of time.Bitcoin price has raised from $850 in december 2016 to around $3380 today in just eight months.So,longer,we hold bitcoins,larger will be the profits.

Yeah if you want to make good profits in bitcoins then you should have patience to hold if for a long term as you cannot make huge profits from it in short term but make sure that you sell your bitcoins when you are making good profits from it instead of getting too greedy.

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Fatunad
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August 10, 2017, 01:27:44 PM
 #2665

Investments in bitcoins should be made in a long term basis and short term investments suits only for altcoins.Bitcoin does not give huge returns in short period of time.Bitcoin price has raised from $850 in december 2016 to around $3380 today in just eight months.So,longer,we hold bitcoins,larger will be the profits.

Yeah if you want to make good profits in bitcoins then you should have patience to hold if for a long term as you cannot make huge profits from it in short term but make sure that you sell your bitcoins when you are making good profits from it instead of getting too greedy.
You can still possibly make huge profits or money on trading bitcoin on shorter times but it would depend on how you gonna execute a good trade price do fastly move on bitcoin and buying onpoint on the price is risky and once price would go down you would just simply wait and go for long term. You do have lots of choices to do. Long term would really be good on bitcoin because price do increase as the years goes by.

R


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August 10, 2017, 01:50:34 PM
 #2666

Yes holding bitcoin for a long term is a best way to make profits as people who have bought bitcoins at lower price before 3 to 4 years and who are still holding their coins have already become millionaire and even I have a same plan to hold it for next 4 to 5 years.
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August 10, 2017, 02:44:59 PM
 #2667

I'm not sure exactly what will happen to bitcoin in the future. Right now, I make money from trading, do not expect things that have not happened yet. I just do what is better to do now. We can only make inferences from what has happened, and give the word 'maybe' to hasn't happened yet.
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August 10, 2017, 03:15:05 PM
 #2668

I'm not sure exactly what will happen to bitcoin in the future. Right now, I make money from trading, do not expect things that have not happened yet. I just do what is better to do now. We can only make inferences from what has happened, and give the word 'maybe' to hasn't happened yet.

There is not higher risk in holding bitcoins for next few years as if you would have invested in bitcoins 3 years back and would have hold till this time then just imagine how much profits you would have made so it same goes to next few coming years too.


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wareen
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August 10, 2017, 03:36:23 PM
 #2669

I'm not sure exactly what will happen to bitcoin in the future. Right now, I make money from trading, do not expect things that have not happened yet. I just do what is better to do now. We can only make inferences from what has happened, and give the word 'maybe' to hasn't happened yet.

There is not higher risk in holding bitcoins for next few years as if you would have invested in bitcoins 3 years back and would have hold till this time then just imagine how much profits you would have made so it same goes to next few coming years too.
Actually with the investor hold Bitcoin from 2015 when the price of Bitcoin still $200 for each, the current price very high with them and should take profit. But if you think again carefully, you can see the potential of Bitcoin in next year very large, maybe in this year just beginning of the road growth Bitcoin.

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marseille
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August 10, 2017, 04:12:01 PM
 #2670

I'm not sure exactly what will happen to bitcoin in the future. Right now, I make money from trading, do not expect things that have not happened yet. I just do what is better to do now. We can only make inferences from what has happened, and give the word 'maybe' to hasn't happened yet.

There is not higher risk in holding bitcoins for next few years as if you would have invested in bitcoins 3 years back and would have hold till this time then just imagine how much profits you would have made so it same goes to next few coming years too.
Actually with the investor hold Bitcoin from 2015 when the price of Bitcoin still $200 for each, the current price very high with them and should take profit. But if you think again carefully, you can see the potential of Bitcoin in next year very large, maybe in this year just beginning of the road growth Bitcoin.

If you have bought your bitcoins at $200 price then without wasting any time you should sell your bitcoins now as you are making huge profits from it but if you have bought in recent times then it would be better to hold it for next few years.
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August 10, 2017, 07:09:29 PM
 #2671

Investments in bitcoins should be made in a long term basis and short term investments suits only for altcoins.Bitcoin does not give huge returns in short period of time.Bitcoin price has raised from $850 in december 2016 to around $3380 today in just eight months.So,longer,we hold bitcoins,larger will be the profits.
Yes exactly there is no doubt that holding bitcoin for long-term is a good option for enjoying larger profits but sometimes we don't think that it will be giving profit to us very soon, like bitcoin was $1800 near two months ago and now it is $3400 and above. The  profit in two months of holding is around  $1500 which is quite impressive. People who bought bitcoin when it's price was low were lucky and also were visionary who had the sense for the bitcoin price in future.
My planning is to collect as many as I can for a minimum of two years. I hope I will be getting a good reward for my investment in bitcoin.
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August 10, 2017, 08:02:09 PM
 #2672

Yes holding bitcoins for long term is the best and safe way to make good profits in future as holding doesn't involve any risk of loosing money and even if price crashes in short term you should not get panic and wait for the price to recover back in future.



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August 10, 2017, 08:06:34 PM
 #2673

Yes holding bitcoins for long term is the best and safe way to make good profits in future as holding doesn't involve any risk of loosing money and even if price crashes in short term you should not get panic and wait for the price to recover back in future.

However, from here on out, I think you have to invest a lot of money into bitcoin if you want to make a decent amount off of just hanging onto the coins. BTC is currently 3000+, where it has been fluctuating for a couple of weeks. Again, there is also a point where you have to know where to sell. There could be a day where bitcoin just falls apart completely, although I highly doubt that will happen now given the consistent support for the crypto currency across the globe.

This area is up for grabs! PM me if you're interested.
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August 10, 2017, 09:45:19 PM
 #2674

Yes holding bitcoins for long term is the best and safe way to make good profits in future as holding doesn't involve any risk of loosing money and even if price crashes in short term you should not get panic and wait for the price to recover back in future.

However, from here on out, I think you have to invest a lot of money into bitcoin if you want to make a decent amount off of just hanging onto the coins. BTC is currently 3000+, where it has been fluctuating for a couple of weeks. Again, there is also a point where you have to know where to sell. There could be a day where bitcoin just falls apart completely, although I highly doubt that will happen now given the consistent support for the crypto currency across the globe.

Yeah to make profits only from holding you need to have higher amount of coins in your wallet then only you will be able to feel the profits in future and if you have limited amount of bitcoins then its better to invest in trading where you always have an chance to grow your coins.
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August 10, 2017, 09:47:18 PM
 #2675

If you take a look at the charts and graphics given on many exchangers or webs who track bitcoin prices you shall see that it is an EV+ investment over the years.
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August 10, 2017, 10:14:01 PM
 #2676

Op started this topic in the year of 2015 and for sure if he bought and hold bitcoin. He can earn a lot of profit because the price is very high and Its very effective if you hold your bitcoin for longterm.
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August 11, 2017, 01:21:23 AM
 #2677

Op started this topic in the year of 2015 and for sure if he bought and hold bitcoin. He can earn a lot of profit because the price is very high and Its very effective if you hold your bitcoin for longterm.
Yeah, OP is much richer now since there's a huge pjmp happens in btc. It is already proven that when we hold our btc it can increase in long term. It can also be possible into other alts like Waves now which increases also maybe slow but will surely increase huge too as time passed by.
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August 11, 2017, 05:06:34 AM
 #2678

Op started this topic in the year of 2015 and for sure if he bought and hold bitcoin. He can earn a lot of profit because the price is very high and Its very effective if you hold your bitcoin for longterm.
Yeah, OP is much richer now since there's a huge pjmp happens in btc. It is already proven that when we hold our btc it can increase in long term. It can also be possible into other alts like Waves now which increases also maybe slow but will surely increase huge too as time passed by.
That is only possible if he really listen to majority of people here saying we should hold our bitcoins, even now that the price has rise so much it is still good to hold as we all know there is no limit with the price increase of bitcoin especially now that more progress are happening.

We have to be more confident now more than before since big progress means great value appreciation, they are related.

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August 11, 2017, 06:02:13 AM
 #2679

I'm not sure exactly what will happen to bitcoin in the future. Right now, I make money from trading, do not expect things that have not happened yet. I just do what is better to do now. We can only make inferences from what has happened, and give the word 'maybe' to hasn't happened yet.

There is not higher risk in holding bitcoins for next few years as if you would have invested in bitcoins 3 years back and would have hold till this time then just imagine how much profits you would have made so it same goes to next few coming years too.
Actually with the investor hold Bitcoin from 2015 when the price of Bitcoin still $200 for each, the current price very high with them and should take profit. But if you think again carefully, you can see the potential of Bitcoin in next year very large, maybe in this year just beginning of the road growth Bitcoin.

If you have bought your bitcoins at $200 price then without wasting any time you should sell your bitcoins now as you are making huge profits from it but if you have bought in recent times then it would be better to hold it for next few years.
Depending the target of every holder, if holder from 2015 set target for sell their Bitcoin at $10,000/BTC, maybe they still keep their Bitcoin and waiting this future.
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August 11, 2017, 06:07:04 AM
 #2680

Op started this topic in the year of 2015 and for sure if he bought and hold bitcoin. He can earn a lot of profit because the price is very high and Its very effective if you hold your bitcoin for longterm.
Yeah, OP is much richer now since there's a huge pjmp happens in btc. It is already proven that when we hold our btc it can increase in long term. It can also be possible into other alts like Waves now which increases also maybe slow but will surely increase huge too as time passed by.
It is only possible if the OP was still holding his bitcoins until now. If you have some good skills in trading it is much better to make more money than waiting for a months and years to have a good profit in bitcoins .By holding you can gain sure income to it.
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