Is Holding Bitcoin a long time good way to make money? - page 102.

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Quote from: PsursV on October 19, 2016, 03:24:53 AM

Quote from: carlfebz2 on October 19, 2016, 12:16:23 AM

Quote from: Adrorecia on October 18, 2016, 09:14:58 PM

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.

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.

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Presently bitcoin is having a market capitalization in excess of $10 billion and that's a pointer to the fact that the awareness and embrace of bitcoin is increasing like wild fire. From that, it would be safe to conclude that bitcoin trading has good enough liquidity and that is one of the factors that attracts investors and speculators to an asset. By and large, that portends that the volatility of bitcoin would be high enough for those who buy low and hold, to sell at higher prices and those who sell at high prices to later buy at lower prices.

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Quote from: bandarfjb on October 19, 2016, 03:29:23 AM

Quote from: torrentheaven on October 17, 2016, 06:14:04 PM

Quote from: safari88 on October 17, 2016, 12:25:23 PM

Quote from: Aceanyth on October 17, 2016, 10:34:11 AM

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.

No one knows what bitcoin holds for us in future, either it can reach the moon or fall back to zero level, so its always good to sell them when you are making profits from it instead of holding it too long.

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Quote from: PsursV on October 19, 2016, 03:24:53 AM

Quote from: carlfebz2 on October 19, 2016, 12:16:23 AM

Quote from: Adrorecia on October 18, 2016, 09:14:58 PM

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.

yes there is no doubt about this, but it also depend on the amount you are going to hold, that how much bitcoin you are going to hold, if you are investing a good amount of bitcoin for a long time then it will certainly give you a good profit.

bandarfjb

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Quote from: torrentheaven on October 17, 2016, 06:14:04 PM

Quote from: safari88 on October 17, 2016, 12:25:23 PM

Quote from: Aceanyth on October 17, 2016, 10:34:11 AM

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.

PsursV

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Quote from: carlfebz2 on October 19, 2016, 12:16:23 AM

Quote from: Adrorecia on October 18, 2016, 09:14:58 PM

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.

carlfebz2

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Quote from: Adrorecia on October 18, 2016, 09:14:58 PM

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.

Adrorecia

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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.

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Quote from: StoreBit on October 18, 2016, 01:08:45 PM

Quote from: Osarman on October 16, 2016, 06:10:27 PM

Quote from: Chennai on October 15, 2016, 02:36:14 PM

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

but i think it depend on the number of bitcoin that how much bitcoin you are holding, if you are holding a good amount of bitcoin then it is ok you can get a good profit but if you are holding justa few number of bitcoin then you cannot make good profit even you hold it for a long time.

But it depends. If bitcoin will be getting very huge levels of value appreciation, holding less than one bitcoin also will be making a bitcoiner into a millionaire. Yes, some people are speculating about bitcoin prices to reach more than 1 million also. Anything is possible with bitcoin and for bitcoin prices, being a bitcoiner always believing to them as it is soothing me somewhat.

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Quote from: Osarman on October 16, 2016, 06:10:27 PM

Quote from: Chennai on October 15, 2016, 02:36:14 PM

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

but i think it depend on the number of bitcoin that how much bitcoin you are holding, if you are holding a good amount of bitcoin then it is ok you can get a good profit but if you are holding justa few number of bitcoin then you cannot make good profit even you hold it for a long time.

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Quote from: Osarman on October 16, 2016, 06:10:27 PM

Quote from: Chennai on October 15, 2016, 02:36:14 PM

Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.

i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable .

Maybe holding bitcoin for a long time will be profitable. It can give you x2 profit. But because bitcoin have a very volatile nature, the price goes up and down very often. I think taking advantage of those moments is more profitable than just holding your coins for a long time.

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Quote from: safari88 on October 17, 2016, 12:25:23 PM

Quote from: Aceanyth on October 17, 2016, 10:34:11 AM

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.

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Quote from: Aceanyth on October 17, 2016, 10:34:11 AM

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.

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Holding Bitcoin can be both a good way and a bad way of making money. If you are going to hold Bitcoins, you are expecting the Bitcoin price to rise over the money you bought at. This would prove to be a bad investment if you bought at the peak if it doesn't recover in the future.

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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.

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Quote from: 1Referee on October 16, 2016, 05:41:25 PM

Quote from: Ultrasound on October 15, 2016, 12:18:03 PM

Quote from: randy8777 on October 15, 2016, 11:26:10 AM

Quote from: andyste on October 14, 2016, 08:10:33 PM

don't same bitcoin in investment another platform gold or house
is gold is good investment is long time over 10 year
bitcoin is very bad is investment over 10 year

well, take a look at the 10 year gold charts. gold has gone up 112.5% in a matter of 10 years. it doesn't mean it will happen again of course, but investing in gold for 10 years and getting a return of just over 110% is not really promising. if bitcoin lives up to all its realistic expectations, then you'll be rewarded with a huge return. it will be beyond what gold will offer you.

From the past performance, it seems that the bitcoin is much better than the gold. The bitcoin will grow even faster.

Bitcoin is indeed much more rewarding than Gold, but the risks are also much greater. In order to benefit from the volatile nature of Bitcoin, you have to understand what the risks are, and know how to read the market in order to benefit to the most from whatever state the market is in at that time.

understanding risks is what people with brains can. but the majority of the people here just blindly invest their money in the hope the price goes up. and we all know that with hope you can't buy anything. you have to rely on your experience when it comes to investments. if people invest without researching the investment they are interested in, then they are gamblers.

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yes if you hold a good amount of bitcoin for a long time then it is really be a good decision,

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Quote from: freedomgo on October 17, 2016, 02:19:17 AM

Quote from: clickerz on October 17, 2016, 12:29:12 AM

Quote from: goldcoinminer on October 16, 2016, 11:19:35 PM

You can easily spot scam ICOs, you have to be very cautious with your investment. One way to determine is to invest only in a high volume project and in that way developers will not easily scam you as they believe they can make more money in the future when the project increase.

Meaning ICO whos back up investors are known or trustworthy already because of successful projects they launch before.Community support is also a good factor to determine, if there are people supporting it, it has great potential to succeed.

In question that holding bitcoin to make money, its ok for me as long as you have spare money to spend. As what I have observed that it needs more time the value to appreciate and sometimes unstable.

Investing in ICO gives you a good chance to make a profit if you can invest in a legitimate projects, in LISK ICOI I have participated and I was so happy that I was able to make a decent income in my investment as after the ICO, a good price as available, that is the last time I made money in ICO and the risk of them is not yet an active profit.

i think for holding bitcoin a long time is depend on what you purpose when you buys bitcoin, if you only want to make bitcoin as an investment and not doing anything, then its a good idea for you to hold it. but if you want to make bitcoin to be trade in the market and you want to increase the amount of your bitcoin, then its a good too because if you trade it, you can grow your bitcoin.

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Quote from: clickerz on October 17, 2016, 12:29:12 AM

Quote from: goldcoinminer on October 16, 2016, 11:19:35 PM

You can easily spot scam ICOs, you have to be very cautious with your investment. One way to determine is to invest only in a high volume project and in that way developers will not easily scam you as they believe they can make more money in the future when the project increase.

Meaning ICO whos back up investors are known or trustworthy already because of successful projects they launch before.Community support is also a good factor to determine, if there are people supporting it, it has great potential to succeed.

In question that holding bitcoin to make money, its ok for me as long as you have spare money to spend. As what I have observed that it needs more time the value to appreciate and sometimes unstable.

Investing in ICO gives you a good chance to make a profit if you can invest in a legitimate projects, in LISK ICOI I have participated and I was so happy that I was able to make a decent income in my investment as after the ICO, a good price as available, that is the last time I made money in ICO and the risk of them is not yet an active profit.

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Quote from: goldcoinminer on October 16, 2016, 11:19:35 PM

You can easily spot scam ICOs, you have to be very cautious with your investment. One way to determine is to invest only in a high volume project and in that way developers will not easily scam you as they believe they can make more money in the future when the project increase.

Meaning ICO whos back up investors are known or trustworthy already because of successful projects they launch before.Community support is also a good factor to determine, if there are people supporting it, it has great potential to succeed.

In question that holding bitcoin to make money, its ok for me as long as you have spare money to spend. As what I have observed that it needs more time the value to appreciate and sometimes unstable.

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