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Topic: Is Buying and Holding the only way? (Read 4363 times)

member
Activity: 224
Merit: 10
April 25, 2018, 04:20:09 AM
If you are risking on how you earn your bitcoin now, there's another way, you can join signature campaigns and you will also have a good profit in there, but it depends on your rank if you have a higher rank then you will have a good salary.
sr. member
Activity: 415
Merit: 250
April 25, 2018, 04:15:24 AM
You should be buying PFR instead of whatever crap youre holding. Their mainnet comes out on April 30th. Do you realize that Localbitcoins now has KYC? Do you understand that once PFR is out, people will all jump ship to avoid having to upload documents? People kept doubting the project but these guys deliver. Do you want to be poor forever.
newbie
Activity: 126
Merit: 0
April 25, 2018, 04:10:52 AM
Where is the best place to get information on the best coins to hold?
member
Activity: 103
Merit: 124
April 25, 2018, 04:03:29 AM
HODL
full member
Activity: 322
Merit: 100
April 25, 2018, 04:01:55 AM
In my opinion, buying and holding bitcoin is the best way for now. But I think that is not the only way, there are still many more ways that can produce bitcoin. For example, by following some gift campaigns, work on creating articles or by signature campaigns. With all that we will be able to get bitcoin. It could also be a way of trading, but trading in my opinion is very risky. If you are good at speculating, I would advise you to trade.
newbie
Activity: 14
Merit: 0
April 25, 2018, 04:01:05 AM
I am rather into mine and hold strategy Smiley But it is worth mentioned that still own the 2013 mined blocks.
newbie
Activity: 77
Merit: 0
April 25, 2018, 03:48:18 AM
if u want long-term growth then holding is best way for long-term riches instead of selling for short terms profits
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
April 25, 2018, 03:43:13 AM
Holding is sure the pathway to earn in the cryptocurrency platform, just like IPO, Company shares migth take a while before it appreciate, some migth be long as 2 to 3 years.
newbie
Activity: 252
Merit: 0
April 25, 2018, 03:16:21 AM
the only way to buy and hold, for us it is a very good thing we get easier to get profit with a short time, by waiting for cheap price and we can get, then we can hold and wait to sell higher price , so we're one of the ways we get.
full member
Activity: 686
Merit: 100
April 25, 2018, 03:02:00 AM
The only way for what? If you are talking about a way to make money on cryptocurrencies, then this is not the only way! You can participate in ISO projects, participate in bounty and learn how to trade on cryptocurrency exchanges!

That's right, This is all your choice because if you want to look for big profits you better be patient to wait longer with coin price is very high.
newbie
Activity: 113
Merit: 0
April 25, 2018, 02:59:46 AM
Since mining costs tons of $$$, for me it's the only option. Short-term takes too much time, can't quit my daily job for that. If some can make daily extra, then go for it, not me. Cold wallet warms up the soul when it goes up
newbie
Activity: 144
Merit: 0
April 25, 2018, 02:52:43 AM
Actually many other ways. But for me, this is the most successful and does not disappoint. If we can hold all the coins we have, in the long run, we will surely benefit enormously from our patients so far.
newbie
Activity: 35
Merit: 0
April 25, 2018, 02:38:05 AM
It's tricky for me to give advice, I won't call it advice but I will ask whether the title of the topic or the topic content is the real question?
To answer that it really depends on your risk level, how much you want to invest, what your goals are etc...

Of course the simple answer to investing is "Buy High, Sell Low".  The issue is of course the history of Bitcoin has made that almost impossible to decipher.  Was it selling high at $5, $500 or $5000 or soon will that be $50,000 or $500,000 or something much lower?  It is really hard to predict something that has little historic data.  Even with historic data there are too many factors that are constantly changing to apply typical investment models to Bitcoin in my opinion.

Anyway I would hold for as long as you can especially with the wild hedge fund and elite money pouring in recently.

Good luck to us all, as no one truly knows what is next except the whales. Shocked
newbie
Activity: 168
Merit: 0
April 25, 2018, 02:30:11 AM
I think you can buy a certain amount of bitcoin and store it in a cold wallet.

Of course, there is some risk in investing, but I think you will make a profit if you hold it for a long time.
newbie
Activity: 132
Merit: 0
April 25, 2018, 02:26:45 AM
One of them is you can join a campaign, it pays a decent amount of bitcoin, not so big but that's okay. Then there is the trade, buy coins and alt trade. This is where the low buying and selling principles come into play. Record the price. Always read the news because it can affect bitcoin prices due to economic laws.
newbie
Activity: 182
Merit: 0
April 25, 2018, 01:12:37 AM
As expected, everything returns to its maximum values.  It is a pity that at low values were not Fiat currency.  Then I and learned that such bounty=).  There will be growth and it is necessary to multiply bitcoin.  And with an uptrend, it is much easier to trade =)
member
Activity: 812
Merit: 11
April 25, 2018, 01:02:01 AM
i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh

In my opinion, bitcoin is long term investment and its much better if we hold it. If we recall on bitcoin price when start invented, bitcoin price below $1 and after 8 years, bitcoin price $19k and thats the highest price so far. Its take time if we want make big profits because cryptomarket still need time to grow
member
Activity: 306
Merit: 15
April 24, 2018, 11:32:42 PM
i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh
Yes, the best thing to do is buy and hold the coins until it's up, that's just the basic for a lot, but that's the best thing to do to increase our investment, it's hard to wait but it's up to you to avoid losing.
full member
Activity: 658
Merit: 100
PayAccept - Worldwide payments accepted in seconds
April 24, 2018, 11:21:23 PM
i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh
I also think that buying and holding is the best way to help stabilise the market, helping us make a lot of money. And when adjustments take place in the market, they may not become weak, causing it to fall quickly and can become safe and stable.
newbie
Activity: 166
Merit: 0
April 24, 2018, 11:18:23 PM
That's not the only way used to invest in crypto. But it is an important strategy to do when the market is in a bad state or when you only have one bitcoin. If you do not have enough capital to buy bitcoin, you can buy altcoins that cost cheaper than bitcoin, and you can choose good quality altcoins and potentially to rise in the future and then you hold for a long time so you can get the capital you come back and profit big.
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