Topic: Is Holding Bitcoin a long time good way to make money? - page 106. (Read 368873 times)

yes i am also interested in long term investment, and like to invest as more bitcoin as i can and then wait patiently  for some years, hope that at the end i will really get a good profit.

Yes I think that we can make a lot of money with long term investing in the bitcoin because it has a great future and it can also go to a very high amount if you are asking me.
Its just that you can make a lot of money and that the bitcoin is so profitable these days, so think about a long term it will even be more.

yes that is a fact that holding bitcoin for a long time is very good for making money, but you have to keep it in your mind that you need to invest a good amount of bitcoin and not less, so as to make good money after a long long time.

if you really knows how btc works you wont mind that and you will continue to hold make it as an asset and completely success, holding bitcoin for another year will make you some good earnings for sure.

Holding bitcoin will be the best idea since it is expected to go much higher in the following months.i would advice to  keep more  bitcoins as saving and invest the rest of bitcoins in trading. but remember trading is risky.

yes there is no doubt about this but you need to invest a good amount of bitcoin if you are really interested in long term investment.

What if the price increases are you still going to say that it is a no? For me I get inspired for the people who bought a lot of bitcoins and did hold that for a long time because they know that bitcoin is going to be a well-known crypto currency. And that is already proven so I guess holding bitcoin for a long time is a good way to earn.

I first got bitcoin from withdrawing from gambling sites.  I deposited with another method but could withdraw bitcoin so i did it.  Around that time bitcoin was around $220 usd or so and when i got it, i would then trade it for poker funds from other person etc because I didn't want to hold the bitcoins due to reading about price fluctuations.  However, isn't the value of bitcoin almost always going to go up so its best to hold it?  I know last year it was $600 and the highest was when it was more than $1000 per bitcoin.  But since it is all the way down to $200-$300, isn't having bitcoin always good?  Could bitcoin go all the way to 0 soon?  I had thought hey if you get bitcoin when its $230 when the price stayed like that for a long time, thats great b/c very hard for it to go below $200 because i haven't seen that.  But even if it does, isn't it almost always going to rebound and go back up?  Last time i had btc and it was $230 or so and now it went up to $260.  So if you have say 100 bitcoins... well... thats a nice $3000 profit or so.


I'm sure there are ppl that have thousands or bitcoins right and just hold on to it?  And many that would sell btc immediately if prices go all the way up?  If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right?  However if they sell it via localbitcoins or other method, they are going to get a higher profit right?  However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.



In general, isn't holding BTC always a good thing since the price of it is pretty low now?  Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster.  But since its in the $200-$300 range, isn't having BTC always good?

bitcoin the best investment
because you can very fast growth you money
but bitcoin is not good long time hold , this good every day use trading pair altcoin or fiat money
every day buy and sell take profit

Yes true I think it has a risk aswell but it's very minimal we know what bitcoin can reach and it will reach that if all goes well.
The most important thing is to have as many coin as possible so you can profit from value increase as much as is possible.

It could be good to hold your bitcoins for a long term, keep in mind there are more risks that you have to take to do this but it will also maybe be more profitable at the end, A long term investment can let you gain a lot of money if the bitcoin grows to a very large currency.

I think it's good way for Beginner's who dont know about trading or other earning method. And this is also not riskfree because none can assure that bitcoin price will only rise, it could be go down also.

bitcoin the best investment
because you can very fast growth you money
but bitcoin is not good long time hold , this good every day use trading pair altcoin or fiat money
every day buy and sell take profit