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

[AngelSky]

I choose alt coin for long term investment.
But i have a little bit on bitcoin to.

Of course choose altcoin for long term investment always have opportunity get rich fast than choose Bitcoin for do that.
However, remember the final place of us always is Bitcoin and FIAT

Ya correct. Bitcoin is the best thing to make huge money. Many long term bitcoin holders are millionaire or billionaire today. No coin will replace. For bitcoin is only bitcoin. Longer term holding is best for the profit .If you keep your bitcoin for longer means you will get the very huge profit from it.

[marcuslong]

I choose alt coin for long term investment.
But i have a little bit on bitcoin to.

Of course choose altcoin for long term investment always have opportunity get rich fast than choose Bitcoin for do that.
However, remember the final place of us always is Bitcoin and FIAT

Yes always choose altcoins when int comes of investments for holding that long because they had the bigger chance to grow in the future i didn't mind playing gambling at all in the right in the right trading site when it comes of altcoin it will become more profit when you nuy those has potential to grow with in 2 or 1 week buy low sell high.

[Pakar11220]

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!

Holding bticoins if you don’t need to spend them is always a good idea, as there is no chance that bitcoin will fall to some lower price. Bitcoin holders are getting richer every single second because of constant growth in price. If you have enough of bitcoins you can also start using them to get more by investing them in different kinds of online businesses like trading, loaning, mining and many more. Some people are holding bitcoins to get to specific goals like $3000 per bitcoin so they can full fill their needs but even then if they don’t need it they like to hold bitcoins for longer times.

[flyingcat]

I choose alt coin for long term investment.
But i have a little bit on bitcoin to.

Of course choose altcoin for long term investment always have opportunity get rich fast than choose Bitcoin for do that.
However, remember the final place of us always is Bitcoin and FIAT

Yes always choose altcoins when int comes of investments for holding that long because they had the bigger chance to grow in the future i didn't mind playing gambling at all in the right in the right trading site when it comes of altcoin it will become more profit when you nuy those has potential to grow with in 2 or 1 week buy low sell high.

Actually, the main reason make many people want join to community cryptocurrency is the interesting point of altcoin market.
Only need working at home, you can earning a huge money, maybe = salary one year, even the profit from trading = salary whole life of worker working every day.

[mammusu]

thats right, holding bitcoin for the long term is a great investmen to make a lot of money
is possible bitcoin will be increase $5000 in this year

[Bosx1ne]

Holding bitcoin is really effective to earn big profits. Many people do that because they wall know that.

[mware]

Holding bitcoin for a long time it's good it can be seen from the price charts from year to year but you should consider the price trend when the price goes down which you have to buy and when the price is high then you have to sell it.

[Bowly88]

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?

Absolutely yes, this will probably gave you 100% income and a great form of investment. Why? Simply because bitcoins value rises from time to time. Have you ever heard the teenager who invest in bitcoins before and now a freaking millionaire? Thats how can holding bitcoins for a long time can gave you a lot of money.

[JRoa]

i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

I think that holding bitcoins for a long time is quite a gamble for some because of the unstable value of bitcoin form time to time.

[BitcoinPC]

thats right, holding bitcoin for the long term is a great investmen to make a lot of money
is possible bitcoin will be increase $5000 in this year

Of course, now holding for a long term bitcoin is best crypto investment. Bitcoin has been beat all other altcoins and i am also agree with you, that in this year bitcoin would be cross $5000. If we see the start of this year, then it is unbelievable thing that within year bitcoin beat the $5000. Because in the start of the year bitcoin was under $1000.

[Trela]

i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

I think that holding bitcoins for a long time is quite a gamble for some because of the unstable value of bitcoin form time to time.

Holding Bitcoin is the type trading just for people believe 100% the future Bitcoin can growth and famous like Gold in present. In first time choose this type trading, we also know this is a gamble and can loss your money any time.

[Savemore]

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?

I can say that holding a bitcoin is really a good way to make profit. The price of the bitcoin today is $3300 and it is obvious that holding a bitcoin is effective and good way to become rich.

[ladydark]

Yes,nowadays holding bitcoins has been found to be the most profitable way of even doubling your investment.Nowadays,most people have left the method of investing in altcoins,taking huge risks,trading them and they have just started to hold their bitcoins in their wallets since we could see the price almost doubled in the last month and now,its price is around $4320.

[omonuyak]

"Holding bitcoin for long time" is not online the best way to Make money but the most secure ways to make money. Just July this year bitcoin fell bellow $2000 and just about three weeks later it price went as high as $4400 that is over 100% percent returned on your investment. Hold both bitcoin and others cryptocurrency is the best way to actually make money but you must hold it for long time.

[Omegasun]

"Holding bitcoin for long time" is not online the best way to Make money but the most secure ways to make money. Just July this year bitcoin fell bellow $2000 and just about three weeks later it price went as high as $4400 that is over 100% percent returned on your investment. Hold both bitcoin and others cryptocurrency is the best way to actually make money but you must hold it for long time.

it is less risky to just hold it than to spend it in trading in investing. But spending it on those can exposed us to knew learnings wherin we can earn a lot if we made a right decision on choosing what project to invest in ICO and what alt have potential to grow when in trading.

[Xenophoto]

"Holding bitcoin for long time" is not online the best way to Make money but the most secure ways to make money. Just July this year bitcoin fell bellow $2000 and just about three weeks later it price went as high as $4400 that is over 100% percent returned on your investment. Hold both bitcoin and others cryptocurrency is the best way to actually make money but you must hold it for long time.

This only works for people that have sufficient amount of fiat to support themselves for their daily lives and for emergencies. You have to be able to pay for expenses that are a really major one for you to be able to hold cryptocurrencies and not care about holding it for a really long time. Just imagine those people that have bought bitcoins at $1200 back in the days. It took them years to make profit from it. In between those years, if they needed and money and had to sell their bitcoins, they've already lost money. Only those that truly believed in bitcoin and held long enough would have made money to this point. It's very rewarding but at the same time it's very risky.

Behind all these people praising bitcoin because of the ridiculous amount of profits that they have made so far, there are people that have lost money too and had to sell at a low price. At the end of the day, this is a zero sum game and a gain of someone will be a loss of another someone.

[bulala]

well with the current trend and in flusck of altcoin it quite easy to have a lot of biit coin and hold it ...you just need to make a plan of how may you want to hold and how many u wan to trade with and how many you want to use for ur daily up kep...

[Kevin77]

well with the current trend and in flusck of altcoin it quite easy to have a lot of biit coin and hold it ...you just need to make a plan of how may you want to hold and how many u wan to trade with and how many you want to use for ur daily up kep...

But have not heard this word "flusck" before and Google was not also much of a help. May I know the exact meaning of this word ?

If you mean flux or change in altcoins, the downfall actually increases the value of bitcoins, making it more costly to earn but at the same worthy to invest. OP wants to know whether holding on bitcoins for long period a good way to make money. Then my answer is yes! Bitcoins tend to pump more than dump.

Nowadays, the price is increasing at astonishing rate but into future it will surpass the present worth. Also, don’t just hold on BTCs but try to increase the number.

[BobBct]

BTC has always a risk of going up or down, You don't know like 8Hrs after BTC will triple it's price.
So it's a risk if you want to buy or no.

[Armstand]

BTC has always a risk of going up or down, You don't know like 8Hrs after BTC will triple it's price.
So it's a risk if you want to buy or no.

it will be for better, if your going to save your money in a bsnk, better put it on btc . In banks it will not increase kuch more tgey will deduct some fees. I prefer putting my money into btc now and will keep it in their until i needed.