Topic: Investing in virtual money is smart investment but what time can be harvested? (Read 220 times)
November 02, 2018, 02:47:05 PM
There really isn't a time-frame for profits to be harvested when you invest in bitcoin. Most of those people who made crazy amounts of money in a short span of time are just extremely lucky to have invested right before the 2017 ATH. You can always buy bitcoins for yourself and keep them stashed for, say a year or two and just hope for the best. There's really not much technique into long-term investing, but averaging your overall entry point is still a good thing to do.
November 02, 2018, 11:28:19 AM
This is the best time for you to invest in it, no one knows when its price will increase but it will certainly increase because it is deflationary currency.
that wasn't his question and also there has to be a demand
November 01, 2018, 05:12:23 PM
I guess you are asking on how long you should hold in able to profit with bitcoin. Forget about the difficulty of living our daily lives that's already proven and on how long you want to hold depends on your term. If the market pumps and you have earned $100 or more then that's a good profit and you just have to re-buy when the market and price of bitcoin goes down. It depends on how much you bought it, if you bought it on $6,300 then you don't sell under that price unless you want to cut losses.
November 01, 2018, 02:36:31 PM
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November 01, 2018, 12:54:33 AM
No one knows exactly what the answer is for you, so you can harvest when the bitcoin price is high enough for you to sell it and make a profit. No one knows when it's going up, one day later, one month later, one week later, one year later ... But one thing is for sure, it's going to increase, because bitcoin is deflationary.
October 31, 2018, 07:00:18 PM
"virtual money" and "investing" doesn't fit together I think, either you're seeing it as "virtual money" as in a new currency, or as an investment?
While bitcoin has fiat value, if it's also virtual money and you are investing in it, doesn't that mean bitcoin use is growing (and becomnig more and more adopted as a currency?),
if so, why would you "harvest" it?
While bitcoin has fiat value, if it's also virtual money and you are investing in it, doesn't that mean bitcoin use is growing (and becomnig more and more adopted as a currency?),
if so, why would you "harvest" it?
October 31, 2018, 12:48:26 PM
t is an arduous process to top up your Bitcoin account and withdraw as you like. However, investing in how long it takes to make a profit and to harmonize life is very difficult. Is there any way?
In any kinds or types of "investment", it takes times before it grow. And the output of it will depend on how will you properly managed it on the way. You can win some while at the same time you will also lose.
Remember that putting money on crypto is not the usual investment you may know. Please learned and study first the risks you are facing here for you to understand what you are dealing to.
Anyways, Im not really using the word "investment" when putting money on crypto. I don't consider crypto as a "literal" investment.
October 31, 2018, 11:47:15 AM
How long would it take for you to earn profit for "investing" in bitcoin? Could be a month from now. Could be a year from now. Could be a decade from now. No one knows. Probably not a good idea to "invest" in bitcoin just because you've read in some forum that it will moon in price. No one knows if that will actually happen with 100% probability.
October 31, 2018, 06:32:23 AM
I did not quite understand the post, but the title seems to explain the core of your inquiry.
How long does it take to profit from cryptocurrency?
Bitcoin (I'd use this as its the best cryptocurrency investment) has a value which is not controlled, and fluctuates in response to many factors.
Investing is a broad venture and there is no straight path or fixed timeframe to cash out.
You can buy in during a pump (FOMO) and cash out few days or even hours later a little higher at the top. Or you can buy at the bottom and wait months or years for profit. (there is no guarantee)
You can also engage in active trading and basically take the bull by the horn and try to force profit from the market.
Both trading and hodling takes a lot of skill and experience.
Timing is one of the key secrets to success.
How long does it take to profit from cryptocurrency?
Bitcoin (I'd use this as its the best cryptocurrency investment) has a value which is not controlled, and fluctuates in response to many factors.
Investing is a broad venture and there is no straight path or fixed timeframe to cash out.
You can buy in during a pump (FOMO) and cash out few days or even hours later a little higher at the top. Or you can buy at the bottom and wait months or years for profit. (there is no guarantee)
You can also engage in active trading and basically take the bull by the horn and try to force profit from the market.
Both trading and hodling takes a lot of skill and experience.
Timing is one of the key secrets to success.
October 31, 2018, 04:28:48 AM
Investment time solely depends on the investor/trader;There are two types of investors
Long term investors
Short term investors(traders)
The long term investors aren't usually involved in active trading,they simply just purchase as much coins as their capital can enable them,let them sit in their wallet for donkey years, and anytime they feel they've maximized enough profits in correlation to their investment capital,then they sell off.
Most long term investors even have coins stores up for their children
This investments do take quite a while..
Then we have the active traders(short term investors) who trade actively on the market,they do not store up coins, instead they leave investments in exchanges,to enable them move them back and forth quicker
They are there for the short term, it's profitable,but involves high risk,especially when investments are laid to rest in exchanges
Long term investors
Short term investors(traders)
The long term investors aren't usually involved in active trading,they simply just purchase as much coins as their capital can enable them,let them sit in their wallet for donkey years, and anytime they feel they've maximized enough profits in correlation to their investment capital,then they sell off.
Most long term investors even have coins stores up for their children
This investments do take quite a while..
Then we have the active traders(short term investors) who trade actively on the market,they do not store up coins, instead they leave investments in exchanges,to enable them move them back and forth quicker
They are there for the short term, it's profitable,but involves high risk,especially when investments are laid to rest in exchanges
October 31, 2018, 04:12:23 AM
t is an arduous process to top up your Bitcoin account and withdraw as you like. However, investing in how long it takes to make a profit and to harmonize life is very difficult. Is there any way?
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