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Topic: Is Buying and Holding the only way? - page 2. (Read 4363 times)

newbie
Activity: 30
Merit: 0
April 24, 2018, 11:09:30 PM
In my opinion, if you do not want to risk high, I think you keep the bitcoin in your wallet, wait for the bitcoin to increase significantly, you can trade transactions, that is the safest way. Otherwise you invest in other coins that are safer and more profitable. good luck.
hero member
Activity: 742
Merit: 500
April 24, 2018, 10:30:36 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

Buying and holding is probably the safest way if you look at the market trends over the past few years.  However, holding does not allow you the ability to increase your stack by riding the swings and there is still the question of when you should sell.  In my opinion a mixture of long term holding and cashing out in order to buy in lower should be practiced.
hero member
Activity: 2282
Merit: 795
April 24, 2018, 10:28:59 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

Diversifying your investments may be a tactic in order to maximize your profits whether for short or long-term perspective. Another method would be participating into campaign signatures as it may provide you bitcoins weekly which are more reliable compared to other methods. Another option would be doing trading or providing services under the market place to people who specifically needs something or someone. There are a lot of ways in order to earn or acquire bitcoin, what comes into place is the right attitude and mindset over it.

if the price is not good, the best option is the holding
if you are able to get profit, please sell your assets
make sure you are not rash in making decisions
Yes I agree, when the price is not as good as it did some time ago then the best solution is buying and holding, but we will soon see a skyrocketing price as the current price has already reached over $ 9800 and it seems less than 24 hours the price will reach $ 10,000 .

My core principle in investing: never to sell/exchange my coins from a price lowered from what I acquired them initially and the only exception would be of an emergency or a financial struggle. Last month, prices of bitcoin were around $7,200 and currently, it is sitting comfortably around $9,000-$9,700. One could have yield profit in a short-term perspective and it might even reach $10,000 like what you mentioned.
sr. member
Activity: 1190
Merit: 250
April 24, 2018, 10:24:12 PM
if the price is not good, the best option is the holding
if you are able to get profit, please sell your assets
make sure you are not rash in making decisions
Yes I agree, when the price is not as good as it did some time ago then the best solution is buying and holding, but we will soon see a skyrocketing price as the current price has already reached over $ 9800 and it seems less than 24 hours the price will reach $ 10,000 .
full member
Activity: 504
Merit: 100
April 24, 2018, 10:17:25 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

Don't stick to mining, holding, and buying. Try going out there and trading to alt coins. You mine your bitcoins and then trade them to high potential alt coins that can gain a lot of value in one year. Just don't stick to hodling and always pullout profits. Don't be greedy.
full member
Activity: 331
Merit: 100
April 24, 2018, 10:14:24 PM
I do not know whether there is any other way than to buy or hold because i still do not understand all about bitcoin. There may actually be more ways than to buy or hold on this forum if you can find out or ask the bitcoin officials.
how to buy and hold is actually good to make a profit because you just buy and store until the price goes up and sell, you must be patient and observant in seeing the price movement. you can also get the coin by mining, mining the first big capital because it is used to buy mining equipment.
newbie
Activity: 111
Merit: 0
April 24, 2018, 10:03:34 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

There are a lot of ways but different risks, if you want high return but high risks then gambling is for you, but if you want to earn steadily then go for campaigns and mining.

I agree with you, by seeing today I think trading is very risk. I prefer participate bounty campaign and invest for long term.
full member
Activity: 308
Merit: 100
April 24, 2018, 09:56:28 PM
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!
jr. member
Activity: 392
Merit: 3
April 24, 2018, 09:50:04 PM
if in my opinion if we buy then we hold and hold. that's good advice but still not good. the nicest is. buy if you already get profit immediately on sale.
hero member
Activity: 658
Merit: 503
April 24, 2018, 09:48:30 PM
Mining isn't for small players anymore and if you don't have the capital to run it at large numbers I don't think you should waste your time trying to mine, unless of course if you want to do it as a hobby. You are better off just buying them of exchangers, as that is much less hassle and you wont be paying too much extra money that way.
member
Activity: 350
Merit: 10
April 24, 2018, 09:45:12 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
Trade is a profitable business, provided you have experience in the trade. Mining is a good business but it requires a lot of conditions to be profitable for you. You have to get a cheap power source, you have to have reasonable priced equipment to increase your income. Trade capital and experience only. I think you should choose the trade to make a profit instead of mining.
member
Activity: 448
Merit: 17
April 24, 2018, 08:55:35 PM
if the price is not good, the best option is the holding
if you are able to get profit, please sell your assets
make sure you are not rash in making decisions
newbie
Activity: 127
Merit: 0
April 24, 2018, 08:52:02 PM
The buy and hold strategy is one of the great benefits of holders of Bitcoin in the past. You never know when a regulatory news from China or a new killer app that announces can cause prices to rise rapidly, so it's good for you to get rid of emotions and just do a Bitcoin buy at low prices. It will be a weekly trade for some traders. This is just the easiest way and is widely known by many people.
sr. member
Activity: 1680
Merit: 262
April 24, 2018, 08:48:40 PM
I think buy and hold is the safest way, but not the only way, because there's still trading. why do I say buy and hold is a safe way? because for example we buy bitcoin for $ 10, and we hold in the long run, then at a moment its price goes up to $ 100. we will get multiple benefits. while trading, we should always watch the bitcoin price chart, because we should not miss a little price increase. a little difficult, but trading can generate profits in a short time.
newbie
Activity: 134
Merit: 0
April 24, 2018, 08:39:48 PM
I do not know whether there is any other way than to buy or hold because i still do not understand all about bitcoin. There may actually be more ways than to buy or hold on this forum if you can find out or ask the bitcoin officials.
jr. member
Activity: 210
Merit: 1
April 24, 2018, 08:35:59 PM
we will not be able to suppress what they really want. it is for me now that the bitcoin volume price has not been back yet most of us now have to bitcoin our bitcoin first. that's the only way we can handle our bitcoin because of its very low price. so it's time for the buyer because the price and the price are very low. how about selling hold may be the next day or month we know it the volume price is rising rapidly so we just wait and patiently will come first to handle our bitcoin. about others we can not blame them for selling everything even when the price is too low we can not quit them because they like but it still needs a lot of money to spend everyday. We just have to work hard so hold that just right we do wait for the bitcoin price increase.
full member
Activity: 434
Merit: 100
April 24, 2018, 08:27:03 PM
There are variety of ways to obtain bitcoin. One of the easiest and most convenient is joining campaigns to get paid for. Another is gambling. But you are likewise a newbie. I say it's not worth the risk.
I agree, you can also grow your Bitcoin by joining. In that way, you can earn Bitcoin. This is I know the easiest way to earn btc. You can trade your token reward into btc. But I think there are many ways to earn Bitcoin, but you must search it first of it is legit before joining.
newbie
Activity: 126
Merit: 0
April 24, 2018, 08:16:17 PM
no that's not the only way you can trade with your balance at anytime if you have enough knowledge about trading
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
April 24, 2018, 07:00:51 PM
No, there are other ways to earn bitcoin. The first one is by trading. The second one is by participating in a logo making contest and winning it. The third one is by gambling but not advisable to do. And the last thing I know is by joining bounties or signature campaigns which is so popular here in Bitcoin Forum. Campaigns will pay you weekly or at the end of the ICO. The higher your rank, the higher your profit will be.
No, buying and holding butcoin is not the only thing you can do to earn money. There are many ways to do so you could get and have profit. For instance, you can just simply  join signature campaigns. And ofcourse you could so much more when itcomes to bitcoin investment.
full member
Activity: 339
Merit: 102
The Exchange for EOS Community
April 24, 2018, 06:52:48 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
Actually there are lots of ways on how we can do obtain Bitcoin in our accounts. We cannot just rely into buying it at any times because of its fluctuation that maybe favorable or not because it might be affordable or expensive for us in the other hand of it. We users and also consumers have alternative ways on how we obtain it. If you are not into mining, investing, you can do participate and join into bounty campaigns that although it takes time and effort, you can do obtain earnings in terms of Bitcoin as well as other types of cryptocurrency offered by the campaign which you can trade in exchange of having Bitcoin in your account.
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