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Topic: Is Holding Bitcoin a long time good way to make money? - page 100. (Read 368873 times)

legendary
Activity: 1442
Merit: 1025
You can make a lot of profit with holding the bitcoin for a pretty long time and I think that if you would do it now you can make big bucks because its going up more and more from now on.
The best time was when it was 100-200$ around but yeah who knows in coming years what price bitcoins reaches so its better to save some bitcoins, which I personally have also done, than to regret later thinking why I did not stock. Basically bitcoin was designed to have huge prices in future with the feature of halving. So, we must make use of it by saving it.
full member
Activity: 196
Merit: 100
Wish that the bitcoins will live for ever. Now days, people have been made aware of bitcoins and its benefits worldwide. When you experience more benefits without investing, will you not love or concentrate on it? Certainly, every one would be focusing on how to utilize the benefits. So lets wish that the bitcoin live for ever and many get benefits out of it.
Yes we all wish and hope that bitcoin lasts forever,and i believe holding bitcoins will result in getting some profit in the future but that would make me very comfortable for long time and it is risky for me so i would not go for it.
full member
Activity: 140
Merit: 100
Wish that the bitcoins will live for ever. Now days, people have been made aware of bitcoins and its benefits worldwide. When you experience more benefits without investing, will you not love or concentrate on it? Certainly, every one would be focusing on how to utilize the benefits. So lets wish that the bitcoin live for ever and many get benefits out of it.
hero member
Activity: 952
Merit: 503
Yes. Now the price is moving from $630 to $640. Seeing a growth in btc once in two days. As predicted, i am sure this would go more than $700 at the end of October or in November. All who saved till now would see a good profit now. I am saving the money earned to see bit more profit. I am planning to buy some more btc as well.
i agree with you that price of bitcoin is really going to increase too much faster day to day so its right time to buy bitcoin and then hold it for few months and if we hold our bitcoin in present time then i hope we will be get a good profit from bitcoin in the future .
full member
Activity: 193
Merit: 100
Yes. Now the price is moving from $630 to $640. Seeing a growth in btc once in two days. As predicted, i am sure this would go more than $700 at the end of October or in November. All who saved till now would see a good profit now. I am saving the money earned to see bit more profit. I am planning to buy some more btc as well.
hero member
Activity: 700
Merit: 500
Some person has bought bitcoins at the rates of the 400 dollars, he had stored into some pen driver wallet, he said has no intentions to get those coins soo soon, looks like he will be saving their bitcoins for the future. Sure bitcoins has a risk around it but the last 3 years showed that those who saved bitcoins were able to earn and double or more their investments.

Not all have that high patience to hold their coins for such a long duration, people who can afford to take risk will surely go for trading and try to grow their coins on regular basis to get quick profits.
You are right too, we can play with our coins here and there with some valuable alt coins and increase them in quantity and later when the price increase you would benefit even more. But, this is possible if for those who know how to make profit, else a noob might loose all.
legendary
Activity: 1414
Merit: 1001
if we could set the momentum of time to sell and buy, then we can take advantage.
when we are wrong to predict that we will lose some of the money we have.
hero member
Activity: 1134
Merit: 517
While other means of gaining bitcoin like investing in gambling sites might appeal to us as being rewarding and quick, buying and holding bitcoin (cryptocurrencies) stands out as the most effective way to make for making money out of the coins. Buying and holding puts the owner of coins in total control of his/her coins, unlike what obtains when they invests with a company and in turn live at the mercy of owner of site. As for whether the price of bitcoin would raise, it was structured to be a scare commodity, so it can be expected that its price would never stay low for any long while.
sr. member
Activity: 504
Merit: 250
it is not the best way to make money, but I think it is the best way to make money without excessive risk. risks that should you encounter is when the price of bitcoin down, because only at that moment that you have less money. Well, perhaps the best way to make money is by trading, but it has a big risk
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

Holding never guarantees us the profits as price can even go down in future, so the best way to make regular profits is by putting those coins in trading to multiply our coins in long run.

it don't guarantee profit,  but if you will keep it long enough you will still make profit some day as i am sure that price of bitcoins will rise i near future, so it's nice way to earn
sr. member
Activity: 1638
Merit: 300
For me, holding Bitcoin for a long time is a good way, but i think i depends upon the value of the Bitcoin. But still I think its a good thing because as far as i know its value is going up.
hero member
Activity: 910
Merit: 550
Investing  lots of bitcoin for  long term  purposes  would really  pay the price  of  the waiting  time  that youve made compare on  just  holding a little amount , its not worth for the wait .  As  i mentioned earlier better  to hold  huge amount so that you could able  to feel the profit.
Yes and I think considering the fact that there are hardly any legit and trusted websites that pay good interest left in market, I think the best way is to stock your bitcoins, fix a price in mind which once reached you will sell and just that's it, one thing we all surely know is bitcoins price will increase so make use of it.

well it is better to hold your bitcoin than investing your money to a site! Because right now only few! and rare that you can earn interest from it because it will turn to scam! Holding is nice but trading is better because taking risk can earn you a big profit from it. Try trading so that your bitcoin will be bored in your wallet. Cheesy
legendary
Activity: 1526
Merit: 1179
Investing  lots of bitcoin for  long term  purposes  would really  pay the price  of  the waiting  time  that youve made compare on  just  holding a little amount , its not worth for the wait .  As  i mentioned earlier better  to hold  huge amount so that you could able  to feel the profit.
Yes and I think considering the fact that there are hardly any legit and trusted websites that pay good interest left in market, I think the best way is to stock your bitcoins, fix a price in mind which once reached you will sell and just that's it, one thing we all surely know is bitcoins price will increase so make use of it.
How are you so sure that the price will increase? Is there a particular reason for that?

If that's really the case in your believing, then why don't you start with scooping up as many coins as possible at current rates?

Believe me, there are zero guarantees when it comes to Bitcoin. Where it might look like the price is about to explode, it tricks you, and as result the price starts to tank heavily.

I have seen it happen too often in my time here to take things for granted. It only leads to disappointments.

hero member
Activity: 1022
Merit: 511
Investing  lots of bitcoin for  long term  purposes  would really  pay the price  of  the waiting  time  that youve made compare on  just  holding a little amount , its not worth for the wait .  As  i mentioned earlier better  to hold  huge amount so that you could able  to feel the profit.
Yes and I think considering the fact that there are hardly any legit and trusted websites that pay good interest left in market, I think the best way is to stock your bitcoins, fix a price in mind which once reached you will sell and just that's it, one thing we all surely know is bitcoins price will increase so make use of it.
hero member
Activity: 882
Merit: 500
Holding bitcoins for allong time is not really profitable because i know that bitcoins are not made for holding they are madefor investings and that is
the thing you have to do with it.

I once read a story someone becomes rich with bitcoin. When in 2010 in which the price of the bitcoin is very low, he bought some of the bitcoin and save in the wallet. When in the year 2013 the price increase until it reaches $1000, he recalled that he once bought some bitcoin. so I am sure, hold bitcoin for long term it's very good. because bitcoin still has a great potential for price increases in the future. but it all depends on the amount, because the current price is quite expensive, compared to the year 2010 is still very cheap.

Yeah and holding can give you profits only if you have higher volume of coins as we cannot expect that price will rise as it went high in the past, so if you want to make good profits with  holding then make sure you have enough coins.

Yeah, we cannot expect what have happened last several years will repeat in the future, maybe bitcoin price won't increase 10x (but who knows?), even the price is double or triple, that very good already as an investment.
I am certainly sure the price will get doubled or tripled in coming years but yes thinking about 10 times of its initial price is a bit too much of ask. When bitcoins were new they took a rapid growth but now they are known to many and hence such 100 or 50 times increase in value s not really possible soon.
sr. member
Activity: 406
Merit: 250
it is not the best way to make money, but I think it is the best way to make money without excessive risk. risks that should you encounter is when the price of bitcoin down, because only at that moment that you have less money. Well, perhaps the best way to make money is by trading, but it has a big risk
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

Holding never guarantees us the profits as price can even go down in future, so the best way to make regular profits is by putting those coins in trading to multiply our coins in long run.

You are right but I think that with long term holding there is still more profit than with short terms because they are just most of the times with little process profits..
I do not want to make low profits I want to make some nice amounts, we all want that right ?
legendary
Activity: 1554
Merit: 1054
Yes you can make a lot of money with the bitcoin and the fact is also that long terms are very good for yourself too.
Its very nice to do and its profitable too and you have to do nothing.

If you  do  possess  huge amounts of  bitcoin  then  holding would   be good idea too because you would surely  made  profits on  future  but if you are  just  holding small amounts then its better to invest  those  up  in able to grow rather  just  holding it. Seeing profits on  short terms  are the best  too.
yes in fact investing in bitcoin with a little amount of money is not a wise decision as it cannot give you a good profit even after a long time, therefore to me the if you really interested in long term investment then you should try to invest a good amount of bitcoin.
Well, rather than gambling or loosing them in any other way since you have no other option, I consider stocking of bitcoins as one of the best and prime methods to earn.
And we cannot determine the worth of bitcoins man, maybe if you save 10 BTC today or even 0.01 then you can profit 100 times later on. We know how flexible BTC is.
hero member
Activity: 868
Merit: 1000
it is not the best way to make money, but I think it is the best way to make money without excessive risk. risks that should you encounter is when the price of bitcoin down, because only at that moment that you have less money. Well, perhaps the best way to make money is by trading, but it has a big risk
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

Holding never guarantees us the profits as price can even go down in future, so the best way to make regular profits is by putting those coins in trading to multiply our coins in long run.

People who wants to play safe will always prefer to hold their coins without doing any experiment with it and they would be satisfied even if they are making lower profits.
Holding is no guarantee to success.It is not necessary that bitcoin price will go up.New crypto or a better tech may either completely replace bitcoin or reduce its value.It is better to invest and save 

What is the difference  between saving and holding? both are the same in their own sense as you are not using them anywhere and keeping them idle in wallet and waiting for the price to rise.
hero member
Activity: 2128
Merit: 520
Instead of holding Bitcoins, it can be traded against Altcoins.When we get good profits in Altcoins, it can be reinvested in Bitcoins.
while you are in the alt trade for sure earnings can be converted to btc and the more you have the more you will gain btc and in time that btc really rises so high you can convert it into a local money and enjoy.
hero member
Activity: 1148
Merit: 504
Yes you can make a lot of money with the bitcoin and the fact is also that long terms are very good for yourself too.
Its very nice to do and its profitable too and you have to do nothing.

If you  do  possess  huge amounts of  bitcoin  then  holding would   be good idea too because you would surely  made  profits on  future  but if you are  just  holding small amounts then its better to invest  those  up  in able to grow rather  just  holding it. Seeing profits on  short terms  are the best  too.
yes in fact investing in bitcoin with a little amount of money is not a wise decision as it cannot give you a good profit even after a long time, therefore to me the if you really interested in long term investment then you should try to invest a good amount of bitcoin.

if you do not have a large amount instantly, you can invest small amounts regularly into bitcoin. There are benefits of doing that. One is  you are getting advantage of average cost when you invest on a regular schedule. and your investment is slowly growing and not too much of a burden on your wallet.
hero member
Activity: 742
Merit: 500
Instead of holding Bitcoins, it can be traded against Altcoins.When we get good profits in Altcoins, it can be reinvested in Bitcoins.
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