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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368852 times)
tabas
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August 30, 2017, 11:32:01 PM
 #2801

this post 2 years ago. when price is 400-500$ as I remember.. when price deep to 250$ many people leave crypto world. And now they will be sad because they decision

Those people that left when the price went down to $250 probably they went back already. This is how the crypto currency moves and it's like a gamble for all of the traders. Those people who exited earlier sold their bitcoins when the price was still at the 3 digit line and saw the price now for sure they are crying and blaming themselves.

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August 30, 2017, 11:41:01 PM
 #2802

this post 2 years ago. when price is 400-500$ as I remember.. when price deep to 250$ many people leave crypto world. And now they will be sad because they decision

Those people that left when the price went down to $250 probably they went back already. This is how the crypto currency moves and it's like a gamble for all of the traders. Those people who exited earlier sold their bitcoins when the price was still at the 3 digit line and saw the price now for sure they are crying and blaming themselves.
That is possible that they came back in bitcoin because if they saw that the price of bitcoin is going up then they will not allow their selves to get left behind the train and they actually buy back and become a holder until now and i am one of those people who did the same thing. I sold my bitcoins in an early stage and i only got a few profit from that but now i am holding bitcoin for long term and i always adding bitcoins into my investment every 4 months.
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August 30, 2017, 11:50:05 PM
 #2803

this post 2 years ago. when price is 400-500$ as I remember.. when price deep to 250$ many people leave crypto world. And now they will be sad because they decision

Those people that left when the price went down to $250 probably they went back already. This is how the crypto currency moves and it's like a gamble for all of the traders. Those people who exited earlier sold their bitcoins when the price was still at the 3 digit line and saw the price now for sure they are crying and blaming themselves.
That is possible that they came back in bitcoin because if they saw that the price of bitcoin is going up then they will not allow their selves to get left behind the train and they actually buy back and become a holder until now and i am one of those people who did the same thing. I sold my bitcoins in an early stage and i only got a few profit from that but now i am holding bitcoin for long term and i always adding bitcoins into my investment every 4 months.
sure, the same happens with altcoins, for example with ethereum, a lot of people panic selled when it dropped to $180 on July, no it is more than 2x from that price.
I think that in cryptomarkets everything is about time, you know, we always see the same charts/trendings with every altcoin that is new on the market, and they all work the same.


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August 31, 2017, 03:38:24 AM
 #2804

this post 2 years ago. when price is 400-500$ as I remember.. when price deep to 250$ many people leave crypto world. And now they will be sad because they decision

Those people that left when the price went down to $250 probably they went back already. This is how the crypto currency moves and it's like a gamble for all of the traders. Those people who exited earlier sold their bitcoins when the price was still at the 3 digit line and saw the price now for sure they are crying and blaming themselves.
That is possible that they came back in bitcoin because if they saw that the price of bitcoin is going up then they will not allow their selves to get left behind the train and they actually buy back and become a holder until now and i am one of those people who did the same thing. I sold my bitcoins in an early stage and i only got a few profit from that but now i am holding bitcoin for long term and i always adding bitcoins into my investment every 4 months.
sure, the same happens with altcoins, for example with ethereum, a lot of people panic selled when it dropped to $180 on July, no it is more than 2x from that price.
I think that in cryptomarkets everything is about time, you know, we always see the same charts/trendings with every altcoin that is new on the market, and they all work the same.

Indeed, therefore if we panic we will lose, investors who has a big interest to buy will likely create news to cause FUD to weak people and they sell for a cheap price and they make easy money. As we invest, we also have to increase our knowledge by monitoring the news and knowing all factors that could affect our investment, for long term investors they need to be patient and be updated.

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August 31, 2017, 06:06:15 AM
 #2805

There is a chance you get profit holding it but still there is now sureness that it will go high. so i would recommend do it at your own risk, or just trade. Wink
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August 31, 2017, 09:05:18 AM
 #2806

this post 2 years ago. when price is 400-500$ as I remember.. when price deep to 250$ many people leave crypto world. And now they will be sad because they decision

Those people that left when the price went down to $250 probably they went back already. This is how the crypto currency moves and it's like a gamble for all of the traders. Those people who exited earlier sold their bitcoins when the price was still at the 3 digit line and saw the price now for sure they are crying and blaming themselves.
That is possible that they came back in bitcoin because if they saw that the price of bitcoin is going up then they will not allow their selves to get left behind the train and they actually buy back and become a holder until now and i am one of those people who did the same thing. I sold my bitcoins in an early stage and i only got a few profit from that but now i am holding bitcoin for long term and i always adding bitcoins into my investment every 4 months.

It's for sure they came back after dropping their own bitcoins and selling it with a very low price. It's one of the problem of the weak traders, they are not believing on what they've got. They didn't have any plans to hold for a long time and always looking for a daily profit and they feel sorry right now because of that wrong decision.

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August 31, 2017, 09:20:48 AM
 #2807

this post 2 years ago. when price is 400-500$ as I remember.. when price deep to 250$ many people leave crypto world. And now they will be sad because they decision
Well you can say they will be sad and must be regretting on what they have done. But probably at that time, that would be the best decision which they have taken. It all depends on how much learned you are. Only then you may be able to decide what is good for you.
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August 31, 2017, 01:43:38 PM
 #2808

Until now we've seen the progress of Bitcoin price. And I think it's a very good way to make some bucks. In the last few months Bitcoin grows so high and it will continue like that till the end of the year I think.
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August 31, 2017, 03:57:21 PM
 #2809

Holding is really good if it still have the value. And Bitcoin has some demand and value in it and that's the reason prices are going up. You just need a strong mindset to hold for a long time.

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August 31, 2017, 04:29:57 PM
 #2810

Holding bitcoin for a.long time is one of my plans. Since the value of bitcoin was getting high everyday. Because you can have a huge profit if it continouisly increasing buy we can't predict the stability of the value of it..So you have to take a risk if you want to hold it for a very long time. But due to lack of financial i usually cash out it to have a money to buy or pay bills..
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September 11, 2017, 12:20:52 PM
 #2811

Yes holding bitcoin for a long time can indeed make big profits because bitcoin ascends up from time to time although sometimes it goes down but it will surely rise again. But would not it be better to sell it at a time of high price and buy it again when the price goes down so you will gain more profit than just holding it for long term
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September 11, 2017, 12:21:52 PM
 #2812

bitcoin holders never lost yet. but maybe one day we will lose.
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September 15, 2017, 10:46:30 AM
 #2813

I'm holding on to my Bitcoin for a long term,  while watching its price and importance climb up making its way to society. It wont be long until everyone will start using Bitcoin and so the advantage that the people who currently have Bitcoin is that they will have more Bitcoin than the people who just recently heard about it. I cant wait to have Bitcoin as a global currency when transacting online, even though the price is falling down for the moment.
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September 15, 2017, 12:29:54 PM
 #2814

Yes , Time already improved to you that. Bitcoin is a good coin to hold, good way to investment. I'm really admired you because you have a really good view about Bitcoin's future. It's 2017 for now even with some troubles but the price of bitcoin still valuable more than 2015 , the moment you was holding the coin. Nice view buddy!
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September 15, 2017, 12:48:29 PM
 #2815

Yes holding bitcoin for a long time can indeed make big profits because bitcoin ascends up from time to time although sometimes it goes down but it will surely rise again. But would not it be better to sell it at a time of high price and buy it again when the price goes down so you will gain more profit than just holding it for long term
You need an extreme patient when it comes to holding bitcoin in the long term ,
Or maybe if you have a lot of money free to use you don't need patience anymore ,
I personally think as an investor to hold bitcoin for long time as a worth action ,
I just have to take a look to its bitcoin future project and how promising it is then.
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September 15, 2017, 01:31:00 PM
 #2816

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 too, better not to hold the bitcoin too long, sell when it is getting profit and buy again when the price drops, because the price is now very difficult to predict then do not buy immediately, wait and observe the movement of the price, if the price going to stable you can buy because there a possibly for the price to go up
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September 15, 2017, 02:14:37 PM
 #2817

bitcoin holders never lost yet. but maybe one day we will lose.
Why will we lose one day? I don’t think so we are ever going to experience that day. Bitcoins are the legendary coins and no other digital coin has the potential to surpass bitcoins but yes if will stop supporting bitcoins, only then they can decrease in value. Bitcoins have done very good to us and we should keep supporting them.
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September 15, 2017, 02:50:25 PM
 #2818

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 too, better not to hold the bitcoin too long, sell when it is getting profit and buy again when the price drops, because the price is now very difficult to predict then do not buy immediately, wait and observe the movement of the price, if the price going to stable you can buy because there a possibly for the price to go up
agree with you. we need money not bitcoin now. maybe bitcoin is future but remember we always can buy it later.
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September 15, 2017, 07:56:01 PM
 #2819

Depending on point of entry, and whom to believe McAfee or Jamie Dimon.
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September 15, 2017, 09:14:48 PM
 #2820

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 too, better not to hold the bitcoin too long, sell when it is getting profit and buy again when the price drops, because the price is now very difficult to predict then do not buy immediately, wait and observe the movement of the price, if the price going to stable you can buy because there a possibly for the price to go up
agree with you. we need money not bitcoin now. maybe bitcoin is future but remember we always can buy it later.
i do not think that it is so easy to buy it later, you will need to invest a big amount of money later as compare to the present time, because bitcoin price is always expected to raise high, therefore to me i think it will be really a good decision if we trade bitcoin in present price. because it will really become difficult to buy bitcoin when its price will raise too much high.
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