Topic: Is Holding Bitcoin a long time good way to make money? - page 108. (Read 368873 times)
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.
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!!
Usually it is but doesn't work every time because for those people that invested when the price was more than $1k for them holding until now does not worth much but maybe after a year or more it will worth if the price gets much higher than now.
i think . it is not so get easy profit within year . but steal you hold bitcoin for long time atleast for 2-3 year . then you will get profi in a better amount .
The longer you hold the easier time you will have making a profit bitcoin that is true but there is no need to let those coins in your wallet doing nothing, you can invest them and make some bank. i think . it is not so get easy profit within year . but steal you hold bitcoin for long time atleast for 2-3 year . then you will get profi in a better amount .
yes i am also agree with you, i am also in favour of long term investment, long term investment can really give you a good profit, long term investment is also less risky than short term investment, therefore holding bitcoin for long term investment is a good option. i think . it is not so get easy profit within year . but steal you hold bitcoin for long time atleast for 2-3 year . then you will get profi in a better amount .
there is only a very small number of people being able to hold their coins for more than a year. all other people already struggle to hold their coins for a few months. these people are either short term minded, or they have no patience and dedication to hold their coins for more than a year.
you're indeed right, bitcoin feel much less risky now than when it was at 600-1200, and not only because the price is lower, but especially because we are in this range for a very long time, this is what you should look about
the more we stay in this range the more this floor will be consolidated, and the more hard will be to decline under it
a slowly rise like this could permit to build solid floors while we rise, instead when you have a tremendous pump like that of 1200, you should ALWAYS foresee a crash with an equal power
The problem with holding bitcoin is that you never know how long you have to hold.I think the best option is keep buying and selling I.e trade if you want to make profit. the more we stay in this range the more this floor will be consolidated, and the more hard will be to decline under it
a slowly rise like this could permit to build solid floors while we rise, instead when you have a tremendous pump like that of 1200, you should ALWAYS foresee a crash with an equal power
Lets say you want to hold for 5 years and prices fell after 5 years then you will have to hold more as you wont obviously want to under sell your coin.But if you keep trading during these 5 Years,you can make good accumulated traffic in 5 years and even if you then have to sell at low price,you still make profit
i think . it is not so get easy profit within year . but steal you hold bitcoin for long time atleast for 2-3 year . then you will get profi in a better amount .
If you can hold the coins for several years 10+ then it my give profits. However its better to collect more if not buy more. Its possible to collect from signature campaigns and trading here. Overall importance to building your stash and then sell it once you have generated enough profits.
Holding bitcoin a long time is a very good way of making profit but of course not if you need inmediate profit/money.
But if you can hold for years then do it cause prices of the coin will be raising for sure to amounts that give nice profits.
But if you can hold for years then do it cause prices of the coin will be raising for sure to amounts that give nice profits.
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.
yes there is no doubt about this that long term investment is too good, but if you are going for long term investment then you have to invest a good amount of money and not a little one, because you have to wait for a long time and you can make a good money if you invest a good amount and not a small one. I will keep holding till atleast 2020 to see if the value changed alot or not.
It is a great investment if you are going to hold a lot of bitcoins because as the price is increasing that is the time that you are going to get good profit out of it. And that is what I am doing now, I am some allocation of some bitcoins that is just for holding for a long time maybe my time span would be 2-5 years depending what is the price fluctuations.
Save bitcoin for instances
I agree with you. Dont spend all of your bitcoin on other stuff save some of it because you can earn more with it. It is something yyou are holding it for the future :d then holding a bitcoin in a long period of time it could make you earn a lot of profit and also you can use it for emergency purposes.
Holding your bitcoin for a long time is good but you will consider the trend of the price when its price go down you should buy and when the price is go high you should sell it. point in here you must often to see the market cause every time the price may change.
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.
yes there is no doubt about this that long term investment is too good, but if you are going for long term investment then you have to invest a good amount of money and not a little one, because you have to wait for a long time and you can make a good money if you invest a good amount and not a small one. I will keep holding till atleast 2020 to see if the value changed alot or not.
It is a great investment if you are going to hold a lot of bitcoins because as the price is increasing that is the time that you are going to get good profit out of it. And that is what I am doing now, I am some allocation of some bitcoins that is just for holding for a long time maybe my time span would be 2-5 years depending what is the price fluctuations.
Holding BTC in the first place isn't stimulating the economy at all, but nevertheless, holding BTC wouldn't generate an income. But it's subjective, depending on the initial investment amount.
Holding bitcoin in itself does not grow your bitcoin, but if the fiat value of bitcoin increases then you can make a nice profit, on the other hand in order to acquire meaningful amounts of bitcoin to hold and then sell at least 2 transactions need to take place, one to buy and the other to sell, so those 2 transactions help the bitcoin economy by allowing bitcoin to move. 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.
yes there is no doubt about this that long term investment is too good, but if you are going for long term investment then you have to invest a good amount of money and not a little one, because you have to wait for a long time and you can make a good money if you invest a good amount and not a small one. I will keep holding till atleast 2020 to see if the value changed alot or not.
People hold the Bitcoin for long time and hope the price will rise so they will make some money.
This is maybe good way but we have also faced situations when Bitcoin pric dropped significantly. So, for me better strategy is to move your Bitcoins around, invest them and trade them and make the money that way, instead just sitting idle and waitnig for the price to go up. When it comes to Bitcoin it is better to be active then passive.
This is maybe good way but we have also faced situations when Bitcoin pric dropped significantly. So, for me better strategy is to move your Bitcoins around, invest them and trade them and make the money that way, instead just sitting idle and waitnig for the price to go up. When it comes to Bitcoin it is better to be active then passive.
I dont think you should hold them such a long time because i know for sure when you hold them to long some times you got rid of your coins or the price will fall and you wont make any money.
when the price drops deeper I think not having to worry, you can buy more coins.
because I think if the person hold for the long term. it does not care about price fluctuations. because they must await the targets in the future when the price reaches very high.
To one perception, yes it is, because the value of the Bitcoin is like the gold and is increasing day by day and has gone
very high, but still the bitcoin is still virtual medium and can be lost among the internet as well because noone is
holding it and noone is authorized. If we lose money then we go to the bank or somewhere else to sue but we are in risk if
some other computer psychopath knows the way to move to our wallet than we would be doomed for sure.
It is inappropriate to say whether holding bitcoin may get us more money or not.
very high, but still the bitcoin is still virtual medium and can be lost among the internet as well because noone is
holding it and noone is authorized. If we lose money then we go to the bank or somewhere else to sue but we are in risk if
some other computer psychopath knows the way to move to our wallet than we would be doomed for sure.
It is inappropriate to say whether holding bitcoin may get us more money or not.
I dont think you should hold them such a long time because i know for sure when you hold them to long some times you got rid of your coins or the price will fall and you wont make any money.
Short answer yes it'll be good to hold it a long time long answer for sure you should invest into bitcoin and get as many as possible in the next halving which is in 2020 the prices will drop and skyrocket up and that's where you will find the most profit. Take advantage of price swings always!
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