Is Holding Bitcoin a long time good way to make money? - page 111.

Natlind

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Quote from: iqlimasyadiqa on October 01, 2016, 08:19:21 AM

Quote from: rockstar338 on September 30, 2016, 06:57:24 AM

Holding can save your life and that is because it would be really bad if you are losing a lot of money with it when you can actually earn more money when you are waitin a longer time.
But it is bad if people are selling it too early, patience is important in Bitcoin.

do holding also not a good thing. especially when we are holding too long. it would make us unable to earn an income.
better try to venture out completely silent. when silent then we can not get the revenue.

When someone holds the money, he intends to get profit out of it when the price goes high. As said above patience is extremely required when one is planning for profit out the investment made. Holding the btc along has its value. Whenever the btc is exchanged fiats, it has its value. Only the profit would differ. I will to save the bitcoins I earn now as the price may go up in the future, probably at the end of 2016. Hope to have a good hike in price in 2017.

iqlimasyadiqa

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Quote from: rockstar338 on September 30, 2016, 06:57:24 AM

Holding can save your life and that is because it would be really bad if you are losing a lot of money with it when you can actually earn more money when you are waitin a longer time.
But it is bad if people are selling it too early, patience is important in Bitcoin.

do holding also not a good thing. especially when we are holding too long. it would make us unable to earn an income.
better try to venture out completely silent. when silent then we can not get the revenue.

Eliteman12

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Quote from: aikunsatu on July 02, 2015, 04:29:46 PM

Yes because the price sky rockets from time to time.

Of course it does sometimes, but don't forgot that price crashes too.

Actually keeping bitcoins for long/short time is good way to earn. Only downside would be that this way to earn is very slow, and it take lots of time sometimes. But otherwise this way is very good to earn as it is not risky at all, if price is very low you just have to keep these bitcoins and wait for price rise again.

Osarman

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Quote from: goldcoinminer on October 01, 2016, 01:53:01 AM

Quote from: South Park on September 30, 2016, 05:13:30 PM

Quote from: BitHodler on September 30, 2016, 06:08:14 AM

Quote from: martinacar on September 30, 2016, 03:48:21 AM

Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.

Things aren't as easy as it may look when you are hodling your coins.

If you plan to hodl your coins for a few years for example, then it doesn't automatically means that the price will go up.

People just assume it will happen. And as you probably also know, nothing can be bought with assumptions.

Don't forget that an exchange happens to get hacked once in a while, making the price tank significantly.

These are all important things you have to see and realize the risk from as it makes a lot people panic sell like there is no tomorrow.

If you invest in bitcoin you must be prepared for the fact that investments can lose money, however bitcoin seems very solid at the moment so I think and investment in bitcoin right now has great odds of turning into a profit.

Just learned to choose the best investment in order for you to minimize the risk why maximizing your chances to make profit, however the reality will always happen that even how good the investment there are still a slim chance that it will fail, even bitcoin.

You are right first of all we need a good knowledge about trade investment which minimize the risk and maximize the profit and i think we need to focus on strong and secure currency then we can get a big profit from trading.

goldcoinminer

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Quote from: South Park on September 30, 2016, 05:13:30 PM

Quote from: BitHodler on September 30, 2016, 06:08:14 AM

Quote from: martinacar on September 30, 2016, 03:48:21 AM

Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.

Things aren't as easy as it may look when you are hodling your coins.

If you plan to hodl your coins for a few years for example, then it doesn't automatically means that the price will go up.

People just assume it will happen. And as you probably also know, nothing can be bought with assumptions.

Don't forget that an exchange happens to get hacked once in a while, making the price tank significantly.

These are all important things you have to see and realize the risk from as it makes a lot people panic sell like there is no tomorrow.

If you invest in bitcoin you must be prepared for the fact that investments can lose money, however bitcoin seems very solid at the moment so I think and investment in bitcoin right now has great odds of turning into a profit.

Just learned to choose the best investment in order for you to minimize the risk why maximizing your chances to make profit, however the reality will always happen that even how good the investment there are still a slim chance that it will fail, even bitcoin.

South Park

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Quote from: BitHodler on September 30, 2016, 06:08:14 AM

Quote from: martinacar on September 30, 2016, 03:48:21 AM

Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.

Things aren't as easy as it may look when you are hodling your coins.

If you plan to hodl your coins for a few years for example, then it doesn't automatically means that the price will go up.

People just assume it will happen. And as you probably also know, nothing can be bought with assumptions.

Don't forget that an exchange happens to get hacked once in a while, making the price tank significantly.

These are all important things you have to see and realize the risk from as it makes a lot people panic sell like there is no tomorrow.

If you invest in bitcoin you must be prepared for the fact that investments can lose money, however bitcoin seems very solid at the moment so I think and investment in bitcoin right now has great odds of turning into a profit.

lakisis

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yeah its good way to holding your bitcoin for long time to make good money , i also hold my bitcoin in huge amount for high price and i am sure bitcoin bitcoin will be more increasing its price in the near future and i hope we will be get a good profit from bitcoin , and there is a huge people are going to buy bitcoin with low price and then hold it for high price and this way is very good for making big profit.

rockstar338

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Holding can save your life and that is because it would be really bad if you are losing a lot of money with it when you can actually earn more money when you are waitin a longer time.
But it is bad if people are selling it too early, patience is important in Bitcoin.

BitHodler

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Quote from: martinacar on September 30, 2016, 03:48:21 AM

Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.

Things aren't as easy as it may look when you are hodling your coins.

If you plan to hodl your coins for a few years for example, then it doesn't automatically means that the price will go up.

People just assume it will happen. And as you probably also know, nothing can be bought with assumptions.

Don't forget that an exchange happens to get hacked once in a while, making the price tank significantly.

These are all important things you have to see and realize the risk from as it makes a lot people panic sell like there is no tomorrow.

entrepmind23

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Activity: 644

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I believe that holding bitcoin for a long time is a good way to make money because as far as I can observe, many people like investors and companies getting involved or adopting bitcoin as their payment option or investment and then time will come when bitcoin would be more popular because it would be more exposed to a lot of people thereby a higher demand and a higher price. No one knows the future but the way it is going nowadays, I think it would be more valuable a few years or a decade from now than what it is today.

martinacar

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Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.

South Park

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Quote from: JeffBrad12 on September 28, 2016, 09:51:11 PM

Quote from: 0day on September 28, 2016, 05:47:54 PM

Quote from: Piltover on September 27, 2016, 03:18:19 PM

Yes I think that holding the bitcoin is good and that we can make a lot of money with long term holdings.
Of course it needs to be large amount otherwise its just wasted time if you are asking.

But if a person is unable to provide a large amount of bitcoins for to keep for future then we do not have to discourage him as he will also earn a good profit from what he have at least he will double what he have.

Not just focusing onto the one type crypto, but actually holding an altcoin for a long time is also good decision enough, just take one example like the monero, just holding a year and you got more than 500% for that. so this is the long term investment.

But in order to turn a profit in the altcoin market you need to at least have the wisdom to know which coins are worth holding over a long period of time and which are just a waste of money.

bamboylee

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Quote from: 0day on September 28, 2016, 05:47:54 PM

Quote from: Piltover on September 27, 2016, 03:18:19 PM

Yes I think that holding the bitcoin is good and that we can make a lot of money with long term holdings.
Of course it needs to be large amount otherwise its just wasted time if you are asking.

But if a person is unable to provide a large amount of bitcoins for to keep for future then we do not have to discourage him as he will also earn a good profit from what he have at least he will double what he have.

If you do not have large amount of bitcoin yet, then doing altcoin trading can work best for you to grow your bitcoin. Grow your bitcoin and when you think you have enough already, then you can stop trading and proceed to hold your coins for more profit. But personally, I do not want to just hold because if you just hold, your bitcoins become idle money.

arseaboy

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Quote from: martinacar on September 29, 2016, 04:17:59 AM

Holding bitcoin for a long time to make money by the value increasing is a strategy alot of people use in this community actually.
I do it do, it's simple and passive you invest in bitcoin and just wait it out. I think it'll make alot of money in a few years.

long investment will do just because we are all believing that it will rises up again with its current value its still the best time to keep buying little by little and wait for the price to really go up and make some fortune coming with your investment.

martinacar

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Holding bitcoin for a long time to make money by the value increasing is a strategy alot of people use in this community actually.
I do it do, it's simple and passive you invest in bitcoin and just wait it out. I think it'll make alot of money in a few years.

RealPhotoshoper

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Quote from: South Park on September 28, 2016, 05:25:45 PM

Quote from: Bitcoinbro on September 28, 2016, 03:51:13 AM

Quote from: Divinespark on August 30, 2016, 03:32:12 AM

BTC will make you money, but only it you hold it for the very, very long term and are able to screen out high volatility and negative newsflow along the way. Easier said than done for most of us.

Yep bitcoin requires alot of patience, you'll need to hold coins for years and years like any other slow investment.
But it will be worth it cause bitcoin prices can get ridiculous allowing you to turn your coins into alot of profit.

It’s way better to have small gains over a long period of time than to have catastrophic loses very fast, besides if you take a long term approach to bitcoin, then the probabilities of turning a profit get higher.

yeaa holding bitcoin for long term is more than investment.
and i agree with the opinion about small profit longterm instead lost it frequently.
really a better way to invest in bitcoin is to hold it as long as you can.

mirakal

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Quote from: JeffBrad12 on September 28, 2016, 09:51:11 PM

Quote from: 0day on September 28, 2016, 05:47:54 PM

Quote from: Piltover on September 27, 2016, 03:18:19 PM

Yes I think that holding the bitcoin is good and that we can make a lot of money with long term holdings.
Of course it needs to be large amount otherwise its just wasted time if you are asking.

But if a person is unable to provide a large amount of bitcoins for to keep for future then we do not have to discourage him as he will also earn a good profit from what he have at least he will double what he have.

Not just focusing onto the one type crypto, but actually holding an altcoin for a long time is also good decision enough, just take one example like the monero, just holding a year and you got more than 500% for that. so this is the long term investment.

I would not venture for altcoins as for my long term investment, in my opinion only bitcoin is a good investment if we are talking about long term, the rest does not pass on my study because I consider altcoins as an investment for short term only.

JeffBrad12

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Quote from: 0day on September 28, 2016, 05:47:54 PM

Quote from: Piltover on September 27, 2016, 03:18:19 PM

Yes I think that holding the bitcoin is good and that we can make a lot of money with long term holdings.
Of course it needs to be large amount otherwise its just wasted time if you are asking.

But if a person is unable to provide a large amount of bitcoins for to keep for future then we do not have to discourage him as he will also earn a good profit from what he have at least he will double what he have.

Not just focusing onto the one type crypto, but actually holding an altcoin for a long time is also good decision enough, just take one example like the monero, just holding a year and you got more than 500% for that. so this is the long term investment.

0day

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Quote from: Piltover on September 27, 2016, 03:18:19 PM

Yes I think that holding the bitcoin is good and that we can make a lot of money with long term holdings.
Of course it needs to be large amount otherwise its just wasted time if you are asking.

But if a person is unable to provide a large amount of bitcoins for to keep for future then we do not have to discourage him as he will also earn a good profit from what he have at least he will double what he have.

South Park

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Activity: 2884

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I am terrible at Fantasy Football!!!

Quote from: Bitcoinbro on September 28, 2016, 03:51:13 AM

Quote from: Divinespark on August 30, 2016, 03:32:12 AM

BTC will make you money, but only it you hold it for the very, very long term and are able to screen out high volatility and negative newsflow along the way. Easier said than done for most of us.

Yep bitcoin requires alot of patience, you'll need to hold coins for years and years like any other slow investment.
But it will be worth it cause bitcoin prices can get ridiculous allowing you to turn your coins into alot of profit.

It’s way better to have small gains over a long period of time than to have catastrophic loses very fast, besides if you take a long term approach to bitcoin, then the probabilities of turning a profit get higher.

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