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

[jwenbu]

For me, holding bitcoin for a long time is a good way to make money but atleast you have your target until when or what price of bitcoin are you waiting, in the end not only your satisfaction that show here but also your expectation in your profit.

[hridoyb]

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

Yes i  agree with we need to target price or profit when we get it sell our bitcoin.But most of the time bitcoin price up people are waiting for more profit but one time its price is down and they upset why they did not sell their bitcoin.

[Birin016]

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.

[ritzshah]

yes it could be a good way to make big money as i feel bitcoin can go to higher higher

[Tiger Junk]

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

For me holding bitcoin for long time is a very good way to make a lot of profit or money why? Because it is very easy to hold and i do believe that holding for long time or for a year can result a big money and bitcoin is the best among the rest and the value of it has a chance to pump even more than $20k before this year is we will end.

[Mr.John19]

It depends. You'll have to aspect at different variables to conclude because allot of people remain to do that unwise tactic, and I can say approximately everyone is going to do that you will realize that the value of the bitcoin will decrease in very low so be cautious witch strategy you are going to use. Meanwhile in short-term invest, you have more opportunity to lose your money. If you do not have the excellence to take the correct conclusion at the right time.

[Gheka]

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

For me holding bitcoin for long time is a very good way to make a lot of profit or money why? Because it is very easy to hold and i do believe that holding for long time or for a year can result a big money and bitcoin is the best among the rest and the value of it has a chance to pump even more than $20k before this year is we will end.

Agree with the holding Bitcoin in a long time will also bring great benefits when the development of bitcoin is becoming larger over time but we will miss more opportunities to make money because the value of bitcoin is constantly changing. So we should sell when it reaches a price that we feel satisfied then wait and buy back, that is exactly what i want to say, we will have more profits instead of holding for a long time, the future of bitcoin is still so vague, we should take advantage of the opportunity to make as much money as possible when we can, it will help our future better

[Mikado$]

There is no way for now to have a loss investment in bitcoin, there is a massive grow shown by bitcoin especially when big industries started learning and adopting about bitcoin it boosting bitcoin price and popularity.

I like this view, choosing the quality coin and tend to grow in the long run is right for me. Because I do not have time for analysis, follow up, statistics for a trader often do. 2-3 hours for Crypto after work and family is too modest in a cryptocurrency market that changes and evolves day by day.

[Birin016]

yes if we look at the current position of bitcoin it will say that to hold it for along time it will profitable it can also be said that to make invest your money it is just like a bank deposit many people are waiting for such a wonderful chance to get the extra money from this. i think we should not keep all money into one currency but it is good if we keep our money into more than one currencies of the same category.

[Birin016]

No, that is only good to save some money, if you want to make money and you are holding for a price increase than you can do many things instead of waiting.
You can gamble or the best thing that you can do is trading so you can earn some a little bit money with it and that is good enough 

Gambling and trading have a big risk to loss. In trading if you can't predict price in market you can got loss. In Gambling to, you must have a lucky to win. Better than save money and buy bitcoin in low price and then hold it until price going up.

[SkustaClee]

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?

Many people proved that they can get more money through long term investment with bitcoins. The bitcoin is becoming more valuable so it is really good if we will make long term investment with bitcoins.

[bitcoinking11]

Bitcoin is a very volatile currency, so holding bitcoin for a long time is a very good way to make money. Last year, bitcoin rose under 1k to 20k, similar things coiuld happen in future too. It would get you a very big profit if you hold for long-term.

[kramr]

Holding always a better option with bitcoin if you consider bitcoin equal to an investment. On the other side you could go with short term earnings for increasing your economy.

[Kunlejoe0]

Yes, holding bitcoin for a long time is a good way to make Money from bitcoin. In my own case I was holding  without paying much attention. Now it is difficult to hold because I am now paying serious attention on daily volatility.

[sudnokpok]

As the current market rates fluctuates daily but as on weekends they fluctuates about 15dollars  so you can flip your bitcoins at weekends.

[pissyas]

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?

We can all see that the great potential and application of bitcoin to social and community life. Rapid liquidity and absolute security are the outstanding advantages of bitcoin that the world is interested in. Therefore, I think the price of bitcoin will definitely increase in the coming time, so you buy and hold long time bitcoin will definitely get a lot of profit.

[goldexp83]

holding could be a good base strategy, but as the history tell us, if you can time the market, you can make much better returns by riding the pump and dump waves

it takes a lot of skill, experience of the markets to do so, but I do regreat that I didnt sold at ATH to re-enter at a better position that I was before! this is for the altcoin as for bitcoin the prices havent been decreasing as much!

[TorbiK]

Those who held Bitcoin from 2015 will certainly say yes. Holding Bitcoin a long time good way to make money. But those who bought Bitcoin on 16-18k do not think so. But they hope so.

[Raielley]

Yep! holding/keeping your bitcoin for a long time is good but you will consider the trend of the price when its price go down you should buy and when the price is go high you should sell it.

[josephpogi]

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?

The most easy way to make money with bitcoin is margin trading; in margin trade a trader make money either market is selling or buying. Holding bitcoin for a long time in my opinion is good way of making money but not the best way. Remember currencies trading entail a lot of risk and never trade without understanding the principle of money management.