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Topic: Is Holding Bitcoin a long time good way to make money? - page 107. (Read 368873 times)

hero member
Activity: 644
Merit: 500
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
jr. member
Activity: 44
Merit: 6
It definitely wouldn't hurt to put some BitCoins away for a future day when they improve in price against the Dollar.  You have to ask yourself if you want to trade them back to fiat, or, to actually use them for what they are intended - to make payments with.

Only put away what you can afford and make it a regular (ie pay day) top up of the Wallet it's going into.  I say Wallet, because you can't just make it a Wallet Address that your other BitCoins are going into, you have to make it a dedicated Wallet just for savings.
hero member
Activity: 658
Merit: 500
yes there is no doubt about this that holding bitcoin for a long time is really good option, i am also in favour of long term investment, in long term investment you can minimize the risk of loosing money,
The future definitely looks bright, but there are no guarantees when it comes to seeing a much higher price when you hodl your coins for a few years.

Remember when the price went up to levels above $1000? Who on earth thought that the price would drop below $200 again? Not many I guess.

And till today, were still far below the $1000 price point. It's a good example of how unpredictable Bitcoin really is.

And the unpredictable profit too we can see in the hold of bitcoin, big amount = more profit and small amount = small profit and so it also depends with the how many the increases value of bitcoin. hold bitcoin is good for who have a big amount. it matches with their amount.

That is why if you wanted to hold bitcoins it is better if you are going to hold a lot of bitcoins so that when the time of harvesting comes or any small fluctuation of bitcoins that is going to be a big profit already for us. And the bigger amount you are going to hold the bigger profit you are going to make without any efforts but with just waiting for the price increase.

For that we don not have to wait for our earnings coming to our wallet as no one know that when will a rise occur so we have to buy with our money and have to wait for much longer about a minimum of of a year time wait.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
yes there is no doubt about this that holding bitcoin for a long time is really good option, i am also in favour of long term investment, in long term investment you can minimize the risk of loosing money,
The future definitely looks bright, but there are no guarantees when it comes to seeing a much higher price when you hodl your coins for a few years.

Remember when the price went up to levels above $1000? Who on earth thought that the price would drop below $200 again? Not many I guess.

And till today, were still far below the $1000 price point. It's a good example of how unpredictable Bitcoin really is.

And the unpredictable profit too we can see in the hold of bitcoin, big amount = more profit and small amount = small profit and so it also depends with the how many the increases value of bitcoin. hold bitcoin is good for who have a big amount. it matches with their amount.
legendary
Activity: 1666
Merit: 1001
Holding the btc along has its value. Whenever the btc is exchanged to fiats, it has its value. Only the profit would differ. I will to save the bitcoins I earn now as the price started growing up and it would still go high in the future, probably at the end of 2016. Hope to have a good hike in price in 2017.So save as much as possible to gain a profit to what you have saved.
as we know that nobody can predict the future 100% percent but seeing from the bitcoin growth and the enthusiastic of the market, i think its a good idea to use bitcoin as investment for the future, I think the bitcoin price will keep on increasing if the bitcoin user keep on increasing
full member
Activity: 193
Merit: 100
Holding the btc along has its value. Whenever the btc is exchanged to fiats, it has its value. Only the profit would differ. I will to save the bitcoins I earn now as the price started growing up and it would still go high in the future, probably at the end of 2016. Hope to have a good hike in price in 2017.So save as much as possible to gain a profit to what you have saved.
legendary
Activity: 1526
Merit: 1179
yes there is no doubt about this that holding bitcoin for a long time is really good option, i am also in favour of long term investment, in long term investment you can minimize the risk of loosing money,
The future definitely looks bright, but there are no guarantees when it comes to seeing a much higher price when you hodl your coins for a few years.

Remember when the price went up to levels above $1000? Who on earth thought that the price would drop below $200 again? Not many I guess.

And till today, were still far below the $1000 price point. It's a good example of how unpredictable Bitcoin really is.
full member
Activity: 140
Merit: 100
Yes. The longer you hold your bitcoins the better the outcome as the longer term has a brighter perspective. The price has increased now and it is going to go more. Many have already bought more bitcoins and holding it looking for a price hike. Too much investments now would pile up the wallets with good profits.
hero member
Activity: 952
Merit: 503
Yes it can be a very profitable way to make some good money, of course you should only do it with a large amount but I ensure you that if you do it with a good amount you can make some big bucks with it!!
i agree with you that bitcoin is very profitable way to make a big profit from bitcoin because bitcoin on the top and people buying bitcoin in huge amount day by day and then hold their bitcoin for long time and i am sure bitcoin will be increase its price too much faster in the near future so long time hold is very good.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
For me, yes. because holding bitcoins and waiting 'till it's price go up again is a good thing. When it's price go up again and you saved more bitcoins in your bitcoin wallet, I'm sure you will make a huge profit from it. It's no that bad if we are going to wait 'till it happens. It's worth the wait. Smiley
Not only is a good strategy but is also very easy to do anyone with a spare dollars can buy some bitcoin and wait till you get profit it does not get easier than that.
This is for lazy people for making their own profit for waiting for a long time.. honestly it takes a long time before you can really make a good profit.. if you invest a large amount in bitcoin you can make more high profit.. so if you really want to be a lazy way earnings you should invest high amount so that you can earn high amount
Well I never said that it was the best strategy ever devised, I said that is a good strategy and easy, if you know of an easier way to earn with bitcoin, we will love to hear it.
hero member
Activity: 1036
Merit: 520
yes there is no doubt about this that holding bitcoin for a long time is really good option, i am also in favour of long term investment, in long term investment you can minimize the risk of loosing money,
So in order for us to save we should not invest the full amount we want to instead just do it slowly, make a plan on your investing and set aside just a certain portion of your earnings for your future and it is even good to set aside also some amount for our retirement in the future.

i said this to another person on another topic and i will say it again.
you don't have to choose only one way of investing. you can do all the things you want with bitcoin.

for some traders that want to make more profit and take bigger risks they go all in for short term trading but if you don't want that you can divide your investment to multiple things.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
yes there is no doubt about this that holding bitcoin for a long time is really good option, i am also in favour of long term investment, in long term investment you can minimize the risk of loosing money,
So in order for us to save we should not invest the full amount we want to instead just do it slowly, make a plan on your investing and set aside just a certain portion of your earnings for your future and it is even good to set aside also some amount for our retirement in the future.
sr. member
Activity: 462
Merit: 250
yes there is no doubt about this that holding bitcoin for a long time is really good option, i am also in favour of long term investment, in long term investment you can minimize the risk of loosing money,
sr. member
Activity: 364
Merit: 250
Yes long term holdings with the bitcoin are good you can make some good money with it and its also that long terms are good because of the future that the bitcoin has.
The bitcoin can become the future of all currency's due to that its worth going long term.
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
Holding bitcoin a long time is a very good way to make money cause bitcoin will raise in value in the upcoming years and probably with the next halving which is in 2020 alot of crazy price swings will be seen.
I will keep holding till atleast 2020 to see if the value changed alot or not.

Holding bitcoin for a long time is profitable when you have the ability to make close predictions about the price variation. Else it will not be profitable as none is sure that bitcoin moves only towards the increasing side. For this reason its better to fix particular price and sell when price touch the expected price than holding very long time.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
For me, yes. because holding bitcoins and waiting 'till it's price go up again is a good thing. When it's price go up again and you saved more bitcoins in your bitcoin wallet, I'm sure you will make a huge profit from it. It's no that bad if we are going to wait 'till it happens. It's worth the wait. Smiley
Not only is a good strategy but is also very easy to do anyone with a spare dollars can buy some bitcoin and wait till you get profit it does not get easier than that.
This is for lazy people for making their own profit for waiting for a long time.. honestly it takes a long time before you can really make a good profit.. if you invest a large amount in bitcoin you can make more high profit.. so if you really want to be a lazy way earnings you should invest high amount so that you can earn high amount
member
Activity: 98
Merit: 10
Not good way to make money if you only hold your bitcoin.
Trade bitcoin or altcoins to double your bitcoin and sell your profit to USD. I think that its good way to make money.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
For me, yes. because holding bitcoins and waiting 'till it's price go up again is a good thing. When it's price go up again and you saved more bitcoins in your bitcoin wallet, I'm sure you will make a huge profit from it. It's no that bad if we are going to wait 'till it happens. It's worth the wait. Smiley
Not only is a good strategy but is also very easy to do anyone with a spare dollars can buy some bitcoin and wait till you get profit it does not get easier than that.

Exactly, anyone can buy some coins with some spare dollars. Specially good for students who get a pocket money and they can put 10% of it into buying bitcoin rather than wasting it all on other useless purchases. It is just like a saving account where you get interest on though in this case the increment in bitcoin price is what is "interest". The price may fall as well hence I do not suggest more than 10%.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
For me, yes. because holding bitcoins and waiting 'till it's price go up again is a good thing. When it's price go up again and you saved more bitcoins in your bitcoin wallet, I'm sure you will make a huge profit from it. It's no that bad if we are going to wait 'till it happens. It's worth the wait. Smiley
Not only is a good strategy but is also very easy to do anyone with a spare dollars can buy some bitcoin and wait till you get profit it does not get easier than that.
hero member
Activity: 2128
Merit: 520
Yes it can be a very profitable way to make some good money, of course you should only do it with a large amount but I ensure you that if you do it with a good amount you can make some big bucks with it!!
correctly stated mate a huge capital will also benefits you a good profits in returned just needed some trust.
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