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

[websoftwareengineer]

Yes it was really a nice move, First thing is you do not need to worry and patience is all that you need. Next thing while you are waiting is you can still work on campaigns and earn a lot of profit. Just make use of the time while waiting till the price rise up.

[batang_bitcoin]

Yes it was really a nice move, First thing is you do not need to worry and patience is all that you need. Next thing while you are waiting is you can still work on campaigns and earn a lot of profit. Just make use of the time while waiting till the price rise up.

I agree patience is what we needed in bitcoin and long term goals is better if you are going to invest in bitcoin. After so many years, you'll just laugh at yourself when you remember the old days that you had sold your bitcoins at lower price and it is cause by your panic because you don't know that holding for a long time is the best thing to do in bitcoin.

[cotton ball]

holding bitcoin for as long as possible is very important, but for me what matters is that as long as I keep getting bitcoin and determine the percentage of budget for bitcoin deposits every month, then the rest I can use for real purposes. Bitcoin also applies as currency then we should use it too, don't always get stuck with virtual asset opinion, it can be very bad if bitcoin is experiencing a trend of impairment in the future, enjoy your life every day.

[henmark]

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.

We can buy bitcoins later but at very many high prices. I don’t think so after five years or even two years, a common person will be able to won bitcoins the way they are pumping in recent days. If we need money, bitcoins are also money. They are just digital currencies in nature.

[roadbits]

Yes it was really a nice move, First thing is you do not need to worry and patience is all that you need. Next thing while you are waiting is you can still work on campaigns and earn a lot of profit. Just make use of the time while waiting till the price rise up.

I agree patience is what we needed in bitcoin and long term goals is better if you are going to invest in bitcoin. After so many years, you'll just laugh at yourself when you remember the old days that you had sold your bitcoins at lower price and it is cause by your panic because you don't know that holding for a long time is the best thing to do in bitcoin.

Why we need to wait for so many years to experience this thing we are already feeling like this by remembering our past days. When is started to earn bitcoins that time it the price was $300 plus. And I earned many bitcoins that time and sold it to get money for my personal use. Who knows the price will increase this much high. But now I will hold my bitcoins I don't make me laugh on my face after many years.

[Text]

I never thought too that bitcoin price will really be very high like what is it now, it is so unpredictable indeed. If I just know that it will happen I never sell or convert my coins to fiat money. But we shouldn't feel regret because we also need to spend our bitcoins for our daily expenses and other payments like mobile recharge to stay connected on the internet.

[RenBct]

Of course that will work like 100% if you forget about it and be back 1year after you did that.

[wayaneka]

Holding Bitcoin for long term /a few year is good way to make money. I believe fundamental of Bitcoin is very strong. BTC should be able to go up 10x in value. Its total supply and use in banks for major transfer and as assets in publicy traded index funds. But always use money management to invest it, dont use all money to invest in it.

[Rotsor]

Bitcoin is definitely a good way to increase wealth long term by saving through holding your bitcoins. If you do this then you have a sure fire way to make gains like you've never made before in an investment. Hold for 20-30 years, but you can take off the top every 5.

[Superways]

Bitcoin is definitely a good way to increase wealth long term by saving through holding your bitcoins. If you do this then you have a sure fire way to make gains like you've never made before in an investment. Hold for 20-30 years, but you can take off the top every 5.

If we look at those people who bought bitcoins at its early stages when it was really cheap, somewhere around 10 or 12 dollars and then they hold on to it, today they all have a good amount of money in their pockets. This way, we can say that bitcoin is a way of becoming rich by just holding on for a long period. The demand is increasing and after two years, we all will be also rich.

[CryptoNate21]

Holding BTC for a long time is a good way to make money if you have many Bitcoins.

If you don't hold a lot of Bitcoin, I think you can make more profit by trading.

That said, being a good trader is not easy and you will have to do research to succeed.

Personally I focus on reading crypto related articles and when I have time, I attend to bitcoin meetups.

Also I recently discovered some free software that predicts the future markets of several coins. www.cryptoforesight.org

If you want big profit you will have to trade because if you only hold it will take sometimes months before you make good profit.

Do your research and never give up trading, in the end you will see the profit coming in

[smile1218]

Yes that is correct specially to those who invested so early way back four years ago they had already gained a really good profit today because it doubled tripled their investments. But i think it is not too late to invest and we still have chance to buy and hold bitcoin because a lot of things can still happen as i had read some news bitcoin price would be higher in the next five years and i think it is time for us to invest some keep it and wait patiently.

[princesocapuyo]

Holding Bitcoin is most definitely a good long term way to make money. There is so much debt in FIAT and it's coming to cryptocurrencies, but BTC will be the standard.

[swscowods]

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.

Yes holding bitcoin for a long time is a good way to make money because all the investors and traders know that bitcoin is never going to lose its worth and value in the market in future. Those who have invested in bit coins have planned a long term investment in bitcoin which is definitely going to give them a lot of profit.

[jayhawk1]

Of course that will work like 100% if you forget about it and be back 1year after you did that.

It will work for sure. You planned of long term investment in bitcoins which is going to benefit you in many ways in future. People hold bitcoins to make huge profits. So I think it is a good way to make money by holding your bitcoins for some time.

[Japinat]

Of course that will work like 100% if you forget about it and be back 1year after you did that.

It will work for sure. You planned of long term investment in bitcoins which is going to benefit you in many ways in future. People hold bitcoins to make huge profits. So I think it is a good way to make money by holding your bitcoins for some time.

There is no certainly when it comes to success of investment but we investors are very optimistic it will give us success by holding bitcoins.
Of course we should be positive, we know it's very risky but when we are a risk taker and we can afford what we invest then we will not gonna worry regardless of what happen, let's just be positive and continue to believe while doing our part to promote so we can create bigger demands due to adoption.

[Colt22]

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.

Yes holding bitcoin for a long time is a good way to make money because all the investors and traders know that bitcoin is never going to lose its worth and value in the market in future. Those who have invested in bit coins have planned a long term investment in bitcoin which is definitely going to give them a lot of profit.

If we look at those people who are now rich due to bitcoins and read about their history, we will come to know that holding on bitcoins for a long period was the only way with which they earned handsome amount of money. These were the people who invested in bitcoin at very early stage and trusted it’s potential. If anyone wants to be one of them, he must keep bitcoins in his wallet for a good duration.

[kingntking]

Holding Bitcoin is most definitely a good long term way to make money. There is so much debt in FIAT and it's coming to cryptocurrencies, but BTC will be the standard.

Yes that is a monumental sort of decision if you are holding and then selling later. Things will be fine as bitcoins are going under some hard times but it will come back to its stable position.

But what I think is, it actually depends on your strategy that how would you want the profit, for some day trade is better and for some long term holding is much more profitable. So it actually depends.

[Sengoko]

Holding Bitcoin is most definitely a good long term way to make money. There is so much debt in FIAT and it's coming to cryptocurrencies, but BTC will be the standard.

myself appreciate this idea of holding Bitcoins for a long time. I think so this all depends on the strategy of the person. If he thinks he can make more money by trading, then there is no point of keeping them for more time. The thing which matters the most is which option suits you more.

[samputin]

As the current market rates fluctuates daily but as on weekends they fluctuates about 15dollars  so you can flip your bitcoins at weekends.
And, no holding your bitcoins for long is not a very good idea, you can trade them for other altcoins and then trade them back to btc after their incereased value, basically buy low and sell high.

Yeah i agree with you, if im on that situation same thing i will do..im not just hold my bitcoin but trade it into other currency, when other currency dump. And then turn it again into btc when the value of btc pumps. (Buy low and sell high), so in this strategy the  bitcoin you are going to hold for a certain time will earn more
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