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

[betetakjelas]

yes i guess that is a good way to make a lot of profit in crypto, as we know that bitcoin prices always go up in every year so if you hold it for the next forthcoming years maybe you can make 2 - 3 x profit

[Kasabus]

yes i guess that is a good way to make a lot of profit in crypto, as we know that bitcoin prices always go up in every year so if you hold it for the next forthcoming years maybe you can make 2 - 3 x profit

The last year was a success so we are hoping we can surpass that, actually we are down now but this should not be a measurement that
bitcoin is not performing well, we know it's volatile and the price can go up anytime even in just a short period of time.
The best thing to do is hold and wait.

[imking]

Holding bitcoin for a long-term strategy is maybe a right way to make additional income or may not. WE can’t say the exact plan because everyone has a different idea and capability to how to face the circumstance on the cryptocurrency and depend on what is the value of the bitcoin in the marketplace. There are opportunities that markets will give you, you need to get into the same with full risk, and you will get out with high profits. I don't have a significant amount of the bitcoin, but then I believe to myself the holding the bitcoin can make my fiat increase.

[Btc_1856]

Hold Bitcoin is a good way to win. If you are a Bitcoin buyer and you sell Bitcoin right on time, it will give you an advantage. Bitcoin continues to grow. Over the next few years, investors will continue to make huge gains. It's safe and smart decision to keep Bitcoin for a long time.

We need to have a little patience because holding a Bitcoin is always a good way to make more money. People are always looking for short-term profit if they maintain some patience definitely they will make some good amount money by holding bitcoin.

[Lorin]

It's a big opportunity to earn money more than you expected if you hold a Bitcoin. You cannot predict when it will increase the value of Bitcoin but once you patiently wait for that for sure a good profit or a lot of money will comes to you.

[DrToken]

Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker! 

[arctic circle]

Some times i think that holding bitcoins can be profitable but it depends about how long you are holding them you know there are so many peopel just holding coins and dont even know where they are waiting for they need to stop using our coins dam.

[anavir]

holding your bitcoin is fine if you are aiming for a good profit...bitcoin value is volatile so hold your bitcoin first  if you think it is not enough for a profit that you have wanted then observed for the price when time comes that the profit you are aiming is already their so it is the time you will sell

[Baofeng]

To be honest, with the current situation and wild price swings, it really hard to think that its better to hold. So you really need to have this mental toughness not to be swayed from this panic selling.

I only hold small amounts of bitcoin, but even with small amounts sometimes I just think of better selling it off and just re-enter the market if there is a perfect opportunity. But I'm thinking that I should long at it for the long haul. This bearish market trend will not go on forever, and we are likely to recover before the end of the year. So I will hold as long as I can and fight the urge to dump.

[clickerz]

Some times i think that holding bitcoins can be profitable but it depends about how long you are holding them you know there are so many peopel just holding coins and dont even know where they are waiting for they need to stop using our coins dam.

Yes its profitable if you are on long term trade but I would prefer to allocate a portion for short trading. I think its better to buy in dip and sell it when you gained at least 10% and do it again and again.Though it require so much time and hassle if you have daily jobs.

[Ishiro5]

I say yes provided you have a paycheck kind of job that can make you at least forget the bitcoin for some time.

[thundercrystal]

I think It's not. Bitcoin is serving huge oppurtunities okey but I think ICOs and Altcoins have more and more...

For me it's a big yes, why? Because bitcoin is very strong cryptocurrency and i do believe that holding it for long time is we will surely help a lot of people to make more money because the value of it has a great chance to pump very high just like on what happen last december 2017, so let's just hold and trust bitcoin.

[ewonardo]

I think It's not. Bitcoin is serving huge oppurtunities okey but I think ICOs and Altcoins have more and more...

For me it's a big yes, why? Because bitcoin is very strong cryptocurrency and i do believe that holding it for long time is we will surely help a lot of people to make more money because the value of it has a great chance to pump very high just like on what happen last december 2017, so let's just hold and trust bitcoin.

Buying Bitcoins now and keeping for long term is the best option as of now especially the price of Bitcoin is dumping now and that is a great buying opportunity for us to buy and hodl Bitcoin for long term. So, hold Bitcoin for long term is very worth and profitable investment, don't hesitate.

[unplug]

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?

For me I guess you can't tell if holding for a long time or short time is good. I guess it depends on the value of the bitcoin in the market. In my own experience I hold my bitcoin for a long time I earned money, and holding also a short time I earned profit from my investment. And now I was holding a bitcoin a long time I didn't get my profit from my new investment, I hold it because I was thinking bitcoin price soon will rise up but now its not. So for me it's all just depend on the investors.

[Natalim]

I think It's not. Bitcoin is serving huge oppurtunities okey but I think ICOs and Altcoins have more and more...

For me it's a big yes, why? Because bitcoin is very strong cryptocurrency and i do believe that holding it for long time is we will surely help a lot of people to make more money because the value of it has a great chance to pump very high just like on what happen last december 2017, so let's just hold and trust bitcoin.

Buying Bitcoins now and keeping for long term is the best option as of now especially the price of Bitcoin is dumping now and that is a great buying opportunity for us to buy and hodl Bitcoin for long term. So, hold Bitcoin for long term is very worth and profitable investment, don't hesitate.

When it dump you hold and buy if you can, eventually after this big FUD that we are going through, everything will be back to normal
which is the bullish trend, it's important to understand the nature of crypto market, it has been happening in the past and we didn't give up so those
who can hold are strong people and they deserve the reward.

[Night4G]

Maybe it is a good way to have a high profit , you should buy bitcoin with all of your money if its value is $8k or $9k because if you bought bitcoin when its price is on $10k , you wont get any profit .

[arief89]

actually holding is to reduce losses or wait for huge profits, but holding too long will give much impact, a good impact is if the old holding and the price rise it will give a profit but if the old holding and the price go down then the losses will be gained. .
so actually the holding is speculating depending on how you feel ..

[bncbnc]

actually holding is to reduce losses or wait for huge profits, but holding too long will give much impact, a good impact is if the old holding and the price rise it will give a profit but if the old holding and the price go down then the losses will be gained. .
so actually the holding is speculating depending on how you feel ..

Holding bitcoin for long time is good no doubt, but i think that we need to study the market and should not wast the opportunity to sell and book the profit. Although short term investment is also good and more profitable but it require a lot of experience and regular study, if people do not have experience in trading or who find it hard to study the market regularly then they should invest their money in bitcoin for long term.

[Xetonica]

It is good to holding bitcoin a long time if you look big profit because from time to time the value of bitcoin was increasingly in the market, if you see the market price that is the right price to sell atleast 50% or more that was a good profit.

[goldcoinminer]

It is good to holding bitcoin a long time if you look big profit because from time to time the value of bitcoin was increasingly in the market, if you see the market price that is the right price to sell atleast 50% or more that was a good profit.

Actually we have our own target but in general rule, we should also sell for a profit, no matter how small it is.
It's about the timing, you can sell with a timing if you have patience because the market is not only moving in one direction, it could dump sometimes.