nodav
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Activity: 216
Merit: 100
Early Bitcoin investor.
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October 27, 2017, 11:19:08 AM |
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lol I love to watch there old posts from 2015 (Personally I registered here in 2012) - and the answer is obvious now lol
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Superzpay
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October 27, 2017, 11:16:20 PM |
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lol I love to watch there old posts from 2015 (Personally I registered here in 2012) - and the answer is obvious now lol
You are lucky if you got into bitcoin business back then because at that time, the prices of bitcoin were very low. This digital currency was in early stages of development whereas at present, bitcoin is the leader of all digital currencies and has successfully beaten gold in being the most expensive and profitable investment. I wish I knew about bitcoin five years ago, anyways many people still don’t know about it. |
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cryptoalfs76
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Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰	
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October 28, 2017, 02:23:39 AM |
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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?
In holding bitcoin in long time period is not a credential that can earn good profit,its also need of your strategy to when you dispose or trade your bitcoin in accurate time.the bitcoin statistic scenario in the market is always flactuating its value we cannot predict the correct amount when the is the time to trade, maybe this day pump & and the other day its dump,so in order to avoid this ,we must vigilant and always meddle on what happen in the crypto world,if we want a good return of investment. |
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daKotajayl@12
Newbie
Offline
Activity: 28
Merit: 0
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October 28, 2017, 05:05:43 AM |
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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?
yeah thats absolutely because day by day bit coin price going to up. i love bit coins buying. most of the people trying to buy buy few people are not holding long time so you buy and hold it. i know about bit coin so in the next years its price get in to high price. more investments are their but in that bit coin investment is really good. once you invested in to bit coin truthfully you have to gain more profit so just invest in bit coin and keep hold it few years.i think it is easy way to become rich. in other investments we have to invest and take caring of that investment but in this we easily get rich and no tensions and pressure. so just invest in to this bit coin. and get more profit. |
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raven7886
Legendary
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Activity: 1512
Merit: 1041
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October 28, 2017, 12:37:43 PM |
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Risky stuff, Satoshi Nakamato has a big part of all the bitcoins. He can dump it any time.
I thought about it, too. We do not know the main owners. What can happen. I agree with you but you should understand that this is bigger than even satoshi alone now. If he is ready to dump there are so many people ready to gulp it as they believe in the future of the cryptocurrency. However, I do not see this happening anyway cause how would someone want to destroy what has been built when the chances of it getting bigger is still possible. Like you have said, even if satoshi dumps, worst that would happen is having the coin fall for a while and then we have it back up again. Good time to buy at dips isn't it? |
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streazight
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October 28, 2017, 04:07:49 PM |
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Bitcoin price going up and down but I think this is the moment where holding bitcoin effort makes you profit.
In fact, anyone thinking or debating whether to hold for a long time or not should not really be pushed too hard. They should just pick up a pen and do a calculation of how much they could have earned if they had gotten earlier last year and what they would have been worth now and compare it to other ways they might be considering including some few things not going right, and then they will be able to decide whether they should or not. |
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osmo
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October 28, 2017, 04:23:14 PM |
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I think it holds a nice bitcoin, because bitcoin prices are getting more and more expensive, investing in bitcoin is very profitable what else we have a lot of bitcoin. bitcoin is my favorite coin.
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warr1979
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October 28, 2017, 04:37:01 PM |
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lol I love to watch there old posts from 2015 (Personally I registered here in 2012) - and the answer is obvious now lol
You are lucky if you got into bitcoin business back then because at that time, the prices of bitcoin were very low. This digital currency was in early stages of development whereas at present, bitcoin is the leader of all digital currencies and has successfully beaten gold in being the most expensive and profitable investment. I wish I knew about bitcoin five years ago, anyways many people still don’t know about it. All is past, do not think about it too much. You can't come back to that time, so, instead of reget the past you didn't know Bitcoin, you should to research new method can improve your salary or trading skills if you are a trader. As me, I spend my time to work hard because I knew the method make money through Bitcoin. |
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Fatanut
Legendary
Offline
Activity: 1008
Merit: 1059
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October 28, 2017, 05:10:02 PM |
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Risky stuff, Satoshi Nakamato has a big part of all the bitcoins. He can dump it any time.
I thought about it, too. We do not know the main owners. What can happen. Only good things will happen mate. Do you know or remember the reason why Satoshi created bitcoin in the first? He created it to be decentralized, to save people from the inflation and to gave financial freedom. So why would he destroy what he has done? It make no sense. I advice to hold many bitcoin as possible and be gald in more years to come.  I don't think Satoshi will dump all of the one million coins at once. If he did, people will be rejoicing since it will pump bitcoin down so hard that late comers will be able to buy at a really low price. I see no reason as to why would he do that though. His mission was to create financial freedom for the masses and he did great with that. I do think that Satoshi will instead dump his bitcoins little by little (e.g. 1 BTC a day sell) and then just carry on with his life living as a bitcoin millionaire. Satoshi probably have more than 1 million bitcoins since he is one of the first ones to be here, might as well be the first one to mine bitcoin and there was no bitcoin halving yet at that point so the mining rewards are a lot more than as of today. In my opinion yes, because by holding Bitcoin can be more profitable than day trading and the risk also lower than day trading. If you dont have time to trade and dont have knowledge about day trading for the better just holding Bitcoin. More profitable and less risk.
So basically it's a case to case basis. If you have no idea about day trading, you'd be better off without it since doing it will just open a huge chance of you losing your bitcoin. It will be a lot better if you just hold your bitcoins instead. |
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Osarman
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October 29, 2017, 06:28:25 PM |
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lol I love to watch there old posts from 2015 (Personally I registered here in 2012) - and the answer is obvious now lol
Ha ha you are awesome. And bitcoins are too. Bitcoin have made such tremendous and monumental feats of success in these last 4-5 years. Before that, bitcoin was only recognized by very little number in the world but now, just see the amazing growth. And you are lucky to be in this superb world from last 5 years. Hope so you have so much and now you must be a rich person. |
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stadus
Legendary
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Activity: 3094
Merit: 1292
Hhampuz for Campaign management
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October 30, 2017, 07:29:55 AM |
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lol I love to watch there old posts from 2015 (Personally I registered here in 2012) - and the answer is obvious now lol
Ha ha you are awesome. And bitcoins are too. Bitcoin have made such tremendous and monumental feats of success in these last 4-5 years. Before that, bitcoin was only recognized by very little number in the world but now, just see the amazing growth. And you are lucky to be in this superb world from last 5 years. Hope so you have so much and now you must be a rich person. We are lucky to continue supporting bitcoin, this gives us a good chance to make more money if we also hold bitcoins. The price has increased significantly and one year is enough to at least break ATH after ATH and it will just continue to rise in the future. There are still people who are not convince bitcoin is the new revolutionary currency but we will leave them hanging because we are going to the moon. |
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goldade
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Merit: 104
The Standard Protocol - Solving Inflation
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October 30, 2017, 12:18:16 PM |
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I'd say Yes. Holding bitcoin for a very long time is a good way to make money.
Looking at the chart for the btc/dollar exchange rate for the past six months, you will realize that, although there have been times when the exchange rate was low, but by the end of the six months, the exchange rate sky rocket to about 50% of the initial btc/dollar exchange rate
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krisnt80
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October 31, 2017, 12:04:33 PM |
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The thing is each person has a long time period different from others, lets say for me long time is 6 months above, since crypto does changes very fast, sure bitcoin has rewarded the holders from the last 7 years, who where able to buy and hold had made a nice profit atleast of 5x its investment, but the thing is a lot people from the holders had sold their coins once they hit the roi, the benefict to save for some years might be huge but there is a risk as well.
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ZFXToken
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Activity: 56
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October 31, 2017, 06:35:39 PM |
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Not only does everyone have different holding periods but holding is hard. I was active back in 2013/2014 and seeing the price come off 1,100 back to 200 made you feel sick for not selling over 1,000. Holding requires a mental effort every day to see a new all time high and decide not to sell.
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Aspire68
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Activity: 14
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November 02, 2017, 04:54:19 AM |
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there is no guarantee in holding bitcoin in a long time will be beneficial because bitcoin prices fluctuate and may decline, They will continue to increase in the future. If you buy at the right price and sell at the right price, then you can make a decent profit. I think bitcoin suitable for short-term, take advantage of the changes that occur at certain moments.
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dalek
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November 03, 2017, 09:34:40 PM |
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The thing is each person has a long time period different from others, lets say for me long time is 6 months above, since crypto does changes very fast, sure bitcoin has rewarded the holders from the last 7 years, who where able to buy and hold had made a nice profit atleast of 5x its investment, but the thing is a lot people from the holders had sold their coins once they hit the roi, the benefict to save for some years might be huge but there is a risk as well.
That is right! But those holders accept this risk, they do not let small risky can make they ignore the chance become the millionaire with Bitcoin in few years. Millionaire is a dream of most of people, but there are many people can not complete this dream until die  |
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Talenter
Newbie
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Activity: 30
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November 06, 2017, 01:55:03 PM |
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lol I love to watch there old posts from 2015 (Personally I registered here in 2012) - and the answer is obvious now lol
In retrospect, you're always smarter. But I am also very glad that the courage pays off.  |
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roseabell
Newbie
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Activity: 1
Merit: 0
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November 10, 2017, 11:00:56 PM |
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It may be profitable however it depends upon the future of the bitcoin so its not really predictable, probably it will likely be good and lucrative in the future users but no one can assure this now.
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mamesso
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November 11, 2017, 02:24:07 AM |
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It may be profitable however it depends upon the future of the bitcoin so its not really predictable, probably it will likely be good and lucrative in the future users but no one can assure this now.
Do not hesitate to hold Bitcoin, look at the evidence in 2017 BTC rise is phenomenal. I am sure the next few years BTC will be worth Lambo. looks dream but this is real and will happen. |
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acmagbanua21
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Activity: 84
Merit: 10
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November 11, 2017, 03:08:47 PM |
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Bitcoins' price are getting higher and higher and many people who want to earn somenwant to buy early so they can sell it in a good price. But it takes time though. But its worth it. Many people want to earn bitcoin so they can earn money and I'm one of them.I'm a student and I'm aiming to earn some to help me in my studies, financially.
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