Topic: Is Buying and Holding the only way? - page 9. (Read 4363 times)
Buying is the best way to get bitcoin, but it all depends on the ability and the market situation .. if you buy it when the price is expensive then there is no use because it will benefit little or even loss .. buy when the price is cheap and besides you have to study the market situation and looking for info when is the right time to buy it so that everything is as expected .. besides that you can also get bitcoin by free way by following other signature campaign and you will be paid with bitcoin ..
You can start trading, it is also a good way to earn bitcoin. Try to master trading, it would take a long time to master it. You have to learn a lot of things to become an expert in it. Trading depends on the market situation too, it is not suitable every time. You can diversify your portfolio, and invest in other more established coins.
To invest in this market, this is not the only way and You must sell to generate profit. Besides, you have to buy at a lower price.I mean long term holding of at least eight months and To invest in this market, this is not the only way.You can also earn through involving in campaigns like bounty and signature campaign. That's all
bitcoin mining is now unprofitable if only 1 or 2 hardware. it will run out on electricity. there are 2 good options. 1 daily trading to collect bitcoin. 2 buy and always buy for long-term investment and hold it until the price is really at the top. it will give a huge advantage. for faucet, i do not suggest it.
It still depends. There are a lot of people that is still mining with their 2 or 5 miners and it is still worth it. The only thing about is that the money you ought to expect might take some time. Buying and holding is great but there is also trading and investing and with a lot of digital currency, all you need is a the skill to trade and use your money wisely.
dont just stick on mining my friend, if you want to gain more. try to join a campaign, and let your earnings from it become your investment to start trading! in my opinion it is better and sure that just wait in mining!
Its not the only way. It is an option. You can buy and sell it quickly or do it the other way. It depends on how you see it will affect your coins, if you are afraid it will not go up in your calculated time youvwould propbably withdraw earlier than expected right?
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? 
That last one is much better, invest with new coin/ token that has potentials. Mining could also be a good way to earn but electricity bill would be costly, and end up having little or no earnings at all.
Try considering bounties as well. It requires more effort and it may took a while but it's worth the shot.
bitcoin mining is now unprofitable if only 1 or 2 hardware. it will run out on electricity. there are 2 good options. 1 daily trading to collect bitcoin. 2 buy and always buy for long-term investment and hold it until the price is really at the top. it will give a huge advantage. for faucet, i do not suggest it.
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?
You must remember that bitcoin is money so any form of way earning money will work on bitcoin as well, so you do not necessarily need to buy bitcoin in order to get it, you can work for it, offer to the community all your skills that you have that you can do online, if you are any good at it, it is possible that you could make a significant amount of bitcoin in a relatively short amount of time. 
Buying and holding is not the only way to get profit from cryptocurrencies. There are many and many of them. ICOs, Investments, Mining, Gambling, Trading, Bounties etc.
Buying and selling of cryotocurrency is not the only, you can mine various coins, one can as well do a freelance writing or job, bounty campaign,air drop and get forward..
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?
What do you want to say? Do you have a problem with how to reproduce your Bitcoins? If so, you can join campaigns. There you will earn bitcoins depending on your rank. And it's paid weekly, All you have to do is post depending on the required post you should be able to do in a week of campaigning. Because of the signature you are wearing as they are paid. So wait for about a month and you can join the campaigns
I adhere to a long-term investment strategy. You just choose the most profitable coins to buy them, choose a secure wallet and forget about your investments for a while. And just watch the price.
Mining is really quite expensive and time consuming. You can buy not only bitcoin, but also other coins, and hold them for a long time. It's quite profitable.
To me, buying and holding is the way so good and rewarding. I mean long term holding of at least eight months. This will give you excellent yield most of the time. The choice of how to make money in cryptocurrency is that of the individual concerned and he will be making his choice based on what he knows best. Some prefer trading.
You can distribute your money into several coins. It's quite a popular practice, I do it too. I have bitcoin and many other, in my opinion, promising coins.
I suggest you buy and hold Bitcoin for long periods of time like 5 to 10 years. Because the longer we hold Bitcoin we have the more profits we get. Although lately, the price of Bitcoin is always down I am sure this is only from its fluctuating nature and will not go down forever. Every year the Bitcoin price must always increase and become the highest coin price compared to other coins.
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?
buy and hold it for some time now is indeed a way of investing with bitcoin but if we try to follow ico with campaign and get little reward from what we do 
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?
In the time of deflation, the buying and holding is the only way and I guess, is the best way to make profit because this is the time when you can buy more and more bitcoins because the valuation is not that much hiked and then hold them till the valuation inflates and u can simply make a very good profit but still there are many other ways to invest into BTC like joining survey campaign or start writing for them could be other options too.
Well you can also invest in cloud mining, for example Genesis mining. Its not so profitable but you can make good amount out of there if you have a lot to invest there.
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