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Author Topic: Is Holding Bitcoin a long time good way to make money?  (Read 368850 times)
jostorres
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November 30, 2017, 11:35:22 AM
 #3041

personally holding bitcoins is still the best way to do than any other coins. though in long term investment is a little bit risky but if we are talking about only half a year i guess there is nothing to be scared of just don't be so greedy and wait for years for much bigger profits.
Most of the times, you need to do some extra work in order to get something big in our lives. You need to make an analysis of the market price of the bitcoin since the time it was introduced to this world. In addition to this, you also need to have a chart analysis in order to predict the future price of bitcoin. All these things will give you a very clear picture of whether or not you should hold your bitcoins.

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December 02, 2017, 02:31:47 AM
 #3042

Yes, holding Bitcoin for a long time is indeed a good way to make money. The price of Bitcoin was just $350 a year ago. It is now around $11,000. So, if you hold Bitcoin for a year or two, you would definitely get rich.

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December 02, 2017, 02:41:39 AM
 #3043

This is a good way to make money from bitcoin but you have to buy it with low value and hold an average length of 1-2 months.

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December 02, 2017, 03:08:36 AM
 #3044

This is a good way to make money from bitcoin but you have to buy it with low value and hold an average length of 1-2 months.

lenght of 1 to 2 months is good but long term of 6 to 1 year if your can is better , holding bitcoin for me is also investment so if you hold bitcoin for 6 to 1 year time frame youll be going to have a good profit it also depends on how much bitcoin you hold the more you hold the more you earn profit.
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December 02, 2017, 10:05:22 AM
 #3045

Bitcoin target 20k $
Ethereum target 800 $
Hold all  Smiley
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December 02, 2017, 11:36:16 AM
 #3046

Yah holding bitcoin for long time is good to make money. Nowadays bitcoin price is increasing highly in the market. Now the price of bitcoin is around $11000. Surely the price will fly to moon, but for that we have to hold the bitcoin for 2 to 3 years and wait with patience.

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December 02, 2017, 02:04:22 PM
 #3047

Yah holding bitcoin for long time is good to make money. Nowadays bitcoin price is increasing highly in the market. Now the price of bitcoin is around $11000. Surely the price will fly to moon, but for that we have to hold the bitcoin for 2 to 3 years and wait with patience.
Perhaps I completely agree with you that you need to save Bitcoin for the best prospects, But today it's rather difficult to do, especially when there are plans for some purchases or even a simple life. Today, life is expensive and you need to spend money while selling Bitcoin.
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December 06, 2017, 05:29:17 AM
 #3048

This is a good way to make money from bitcoin but you have to buy it with low value and hold an average length of 1-2 months.

lenght of 1 to 2 months is good but long term of 6 to 1 year if your can is better , holding bitcoin for me is also investment so if you hold bitcoin for 6 to 1 year time frame youll be going to have a good profit it also depends on how much bitcoin you hold the more you hold the more you earn profit.

Longer time is not always good, we should see all possibilities that may comes in the next few months or years. There is something that may make your plan goes bad, i.e local government regulation like what has been done by China. Your plan to hold for year(s) can be failed in such condition.
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December 07, 2017, 03:42:45 PM
 #3049

Well, if the OP has just holded his BTC! Cheesy
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December 10, 2017, 04:31:44 PM
 #3050

This is a good way to make money from bitcoin but you have to buy it with low value and hold an average length of 1-2 months.

lenght of 1 to 2 months is good but long term of 6 to 1 year if your can is better , holding bitcoin for me is also investment so if you hold bitcoin for 6 to 1 year time frame youll be going to have a good profit it also depends on how much bitcoin you hold the more you hold the more you earn profit.

Longer time is not always good, we should see all possibilities that may comes in the next few months or years. There is something that may make your plan goes bad, i.e local government regulation like what has been done by China. Your plan to hold for year(s) can be failed in such condition.

It is your mission, you have to prepare all things and situation for your investment.
You do not know the future and can not have all exact prediction for the price of Bitcoin, therefore, prepare the worst situation for your investment.
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January 11, 2018, 02:33:09 PM
 #3051

Those who holded BTC from Nov-Dec 2017 will say holding was great.

Those who traded BTC from the end Dec 2017 to Jan 2018 will say trading was great (unless he don't know some basic buy sell to get loss Cheesy)
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January 11, 2018, 02:44:17 PM
 #3052

Those who holded BTC from Nov-Dec 2017 will say holding was great.

Those who traded BTC from the end Dec 2017 to Jan 2018 will say trading was great (unless he don't know some basic buy sell to get loss Cheesy)
Well it's true,  that who holding a bitcoin November to December last year 2017 was so great.
The value of bitcoin now are so huge and I can not believe that will give me a rich life because of their price.
This year was more exciting and I think it will more up.
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January 11, 2018, 04:27:20 PM
 #3053

I figure you can hold up some BTC yet you generally need to watch out for the market self since it can change each moment and hour so dependably watch out for it. Long terms are for the most part great however nobody can anticipate the future so nothing is certain.
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January 11, 2018, 06:32:40 PM
 #3054

Those who holded BTC from Nov-Dec 2017 will say holding was great.

Those who traded BTC from the end Dec 2017 to Jan 2018 will say trading was great (unless he don't know some basic buy sell to get loss Cheesy)
Well it's true,  that who holding a bitcoin November to December last year 2017 was so great.
The value of bitcoin now are so huge and I can not believe that will give me a rich life because of their price.
This year was more exciting and I think it will more up.
I started to work with Bitcoin in 2016, when in summer it cost was around 500 dollars. Of course, I was very happy when Bitcoin in the beginning of 2017 rose to $ 1000. To date, all the sharp jumps are already frightening me, because I can not understand the value of Bitcoin to date.
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January 11, 2018, 09:38:26 PM
 #3055

Those who holded BTC from Nov-Dec 2017 will say holding was great.

Those who traded BTC from the end Dec 2017 to Jan 2018 will say trading was great (unless he don't know some basic buy sell to get loss Cheesy)
It is just a matter of time. The thing is things keep on changing but if we talk generally, then it is holding of bitcoin which is more profitable than that of trading or any other thing. Holding of bitcoin can actually help you make some very good amount of money though after some period of time but still it is the easiest way of making money. It does not involve that much risk as in case of trading.
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January 11, 2018, 09:59:04 PM
 #3056

if last year gains is and indication how much btc can grow we are in good position
Kasabus
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January 12, 2018, 02:24:30 AM
 #3057

Those who holded BTC from Nov-Dec 2017 will say holding was great.

Those who traded BTC from the end Dec 2017 to Jan 2018 will say trading was great (unless he don't know some basic buy sell to get loss Cheesy)
Well it's true,  that who holding a bitcoin November to December last year 2017 was so great.
The value of bitcoin now are so huge and I can not believe that will give me a rich life because of their price.
This year was more exciting and I think it will more up.
I started to work with Bitcoin in 2016, when in summer it cost was around 500 dollars. Of course, I was very happy when Bitcoin in the beginning of 2017 rose to $ 1000. To date, all the sharp jumps are already frightening me, because I can not understand the value of Bitcoin to date.
You have to mature, you'll definitely understand if you educate yourself.
The price dump is so normal in the crypto due to the fact that it's volatile, you lose if you panic so what you have to do is trust and hold bitcoin.
Continue working to earn and think more of your future rather than worry in the current situation.

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January 12, 2018, 04:44:16 AM
 #3058

Holding bitcoin for long term is the best way to earn good money but majority of people can not hold because everyone is looking for instant gratification. We want to buy the new Iphone, travel the world and we want the money now. Nobody get rich livingthat way!

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January 12, 2018, 05:01:56 AM
 #3059

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?
if this thread and the post here used by those user that has been active since this post created.they might be richer now because bitcoin rises price up to more than thousand percent.and last year is the biggest year for bitcoin holder.

But this is not the end for holding bitcoin has a promising future for the holders tl hang on.and i believe that if we hold still the profit is indeed for us.
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January 12, 2018, 05:53:31 AM
 #3060

Holding bitcoin for long term is the best way to earn good money but majority of people can not hold because everyone is looking for instant gratification. We want to buy the new Iphone, travel the world and we want the money now. Nobody get rich livingthat way!
some people this is what they have done for ,  a;; of wanted to buy want we want and what we need but more on for what just we want so some people are tend to hold it for their purposes , they hold it to make money.
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