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Topic: Is Holding Bitcoin a long time good way to make money? - page 112. (Read 368873 times)

full member
Activity: 146
Merit: 100
it's definitely a good idea to keep Bitcoin long term.
  certainly not sell!
sr. member
Activity: 364
Merit: 250
You can make a lot of money with long term holdings in the bitcoin but if you are considering or doing this always do it with the full amount.
I really think its worth it but not with small amounts or only parts.
sr. member
Activity: 350
Merit: 250
I think that holding bitcoin can be a good way to make money, but it could also be a way to lose money since there is a chance of bitcoin price drops. It is pretty stable right now, so it's up to you whether or not to buy bitcoins.
legendary
Activity: 1008
Merit: 1010
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Overall it has provided till now holding the coins and making the value increase. But need to understand the risk also associated is the same.


Well there is small risk of that, but i don't think that very large once since price of bitcoin usually rises and falls only sometimes, so it is good way to earn money
legendary
Activity: 1414
Merit: 1002
= jasad =
Just hold bitcoin I think it would not be productive to get bitcoin in a long time. To be more productive is better to use it for trade or investment. Because it will get better profit.
holding low amount bitcoin will not worth ,
but if you hold a large amount for example 1,000 bitcoin ,
i guess it will be worth as a long term investment ,
in investment world there is no words called 'productive' i guess as it is clearly about investment ,
not making money daily or kind of.
Yes indeed holds bitcoin in large quantities it will be profitable. But in my opinion it was not enough to gain an advantage because I think good profits are profits made and attempted. Waiting for the price in my opinion it was not enough and we must always collect so that we continue to grow the number of bitcoin. If we just hold bitcoin long term I think this is promising because we do not know the price fluctuations will be beneficial or detrimental.
So if we just hold bitcoin long run it was very lacking in my opinion. But hold bitcoin and get it from a variety of ways that would be more productive to make money.
i guess considering there is a lot of reasons bitcoin will keep growing ,
as example the supply of bitcoin keep decreasing while there is a high demands means bitcoin have a clear future ,
so will be worth for everyone to invest on bitcoin for long term ,
don't waste your time and move your cash to bitcoin.
sr. member
Activity: 406
Merit: 250
Holding bitcoin a long time is a good way to make money very good way. Bitcoin is rising in price every year atleast.
If you hold for 5+ years then you could turn really good profit into maximum profit. This is my plan and ill be holding for an extra few years.
sr. member
Activity: 420
Merit: 250
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.
legendary
Activity: 3108
Merit: 1290
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very long time hold bitcoin not choose good investment
is good choose to growth money with coin
evey day trade, every day take profit so you can very fast growth your bitcoin
trading can use bitcoin pair altcoin or bitcoin pair fiat money

That's right, if you would just hold your bitcoin for a long time, nothing will happen with it and with your goal, but if you use it and trade it, for sure you will earn. Keeping your coins would only be good if you have a lot of it, but if you only have enough then better use it to earn.
Of course something will happen, if nothing will happen then I would not just hold my bitcoins and I will not invest because holding itself is already a form of investing, there are two thing the will happen with your bitcoin, it's either you grow the value of the value will decrease.
hero member
Activity: 798
Merit: 500
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very long time hold bitcoin not choose good investment
is good choose to growth money with coin
evey day trade, every day take profit so you can very fast growth your bitcoin
trading can use bitcoin pair altcoin or bitcoin pair fiat money

That's right, if you would just hold your bitcoin for a long time, nothing will happen with it and with your goal, but if you use it and trade it, for sure you will earn. Keeping your coins would only be good if you have a lot of it, but if you only have enough then better use it to earn.
hero member
Activity: 2128
Merit: 520
Holding the bitcoin is good and you can make some good profits if you are doing this but keep in mind that it can also let you lose money.
I think that long terms are good but it almost always has to be a high amount.

You can make some good amount with long terms but I agree about the fact that its not worth to do this with low amounts because than you are waiting on minimal profits.
I think its better to just invest small amounts and long term investing with large amounts.

Right, I do not think that making a few btc idle for 5 years (just an example of long term investment, you can hold longer) is worth it. even if the price reaches over 1000$, you can still make more money trading some coins, investing some and holding some.
Well, bitcoin is an investment already so I do not think that counts as having your money doing nothing but if you prefer to do additional stuff with your coins, an easy way to make some additional bitcoin without too much effort will be investing in a bitcoin casino.

I agree with you  holding  bitcoin for long  time is surely an investment , as you said  there are still things that we must  possibly do to make  more bitcoins. Just like  what you said  investing  on  a bitcoin casino would  do but  in this plan you  would need a  huge/decent amount to invest into it.
Investing in a casino is I think a good idea as long as you research the casino you want to invest in and are able to determine it’s a safe investment, the percentage you earn is low but with the house edge at your side is basically guaranteed you will win.
That's already given because you cannot just invest in a certain business without doing the right research, every industry has different culture and gambling are really different so you need to make a lot of research before you finalize your decision.
good point if you know where the advantage are you will able to gain profits, it is really depend how hard you will going
to take in order for you get profits.
hero member
Activity: 952
Merit: 500
Holding the bitcoin is good and you can make some good profits if you are doing this but keep in mind that it can also let you lose money.
I think that long terms are good but it almost always has to be a high amount.

You can make some good amount with long terms but I agree about the fact that its not worth to do this with low amounts because than you are waiting on minimal profits.
I think its better to just invest small amounts and long term investing with large amounts.

Right, I do not think that making a few btc idle for 5 years (just an example of long term investment, you can hold longer) is worth it. even if the price reaches over 1000$, you can still make more money trading some coins, investing some and holding some.
Well, bitcoin is an investment already so I do not think that counts as having your money doing nothing but if you prefer to do additional stuff with your coins, an easy way to make some additional bitcoin without too much effort will be investing in a bitcoin casino.

I agree with you  holding  bitcoin for long  time is surely an investment , as you said  there are still things that we must  possibly do to make  more bitcoins. Just like  what you said  investing  on  a bitcoin casino would  do but  in this plan you  would need a  huge/decent amount to invest into it.
Investing in a casino is I think a good idea as long as you research the casino you want to invest in and are able to determine it’s a safe investment, the percentage you earn is low but with the house edge at your side is basically guaranteed you will win.
That's already given because you cannot just invest in a certain business without doing the right research, every industry has different culture and gambling are really different so you need to make a lot of research before you finalize your decision.
full member
Activity: 154
Merit: 100
very long time hold bitcoin not choose good investment
is good choose to growth money with coin
evey day trade, every day take profit so you can very fast growth your bitcoin
trading can use bitcoin pair altcoin or bitcoin pair fiat money
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Holding the bitcoin is good and you can make some good profits if you are doing this but keep in mind that it can also let you lose money.
I think that long terms are good but it almost always has to be a high amount.

You can make some good amount with long terms but I agree about the fact that its not worth to do this with low amounts because than you are waiting on minimal profits.
I think its better to just invest small amounts and long term investing with large amounts.

Right, I do not think that making a few btc idle for 5 years (just an example of long term investment, you can hold longer) is worth it. even if the price reaches over 1000$, you can still make more money trading some coins, investing some and holding some.
Well, bitcoin is an investment already so I do not think that counts as having your money doing nothing but if you prefer to do additional stuff with your coins, an easy way to make some additional bitcoin without too much effort will be investing in a bitcoin casino.

I agree with you  holding  bitcoin for long  time is surely an investment , as you said  there are still things that we must  possibly do to make  more bitcoins. Just like  what you said  investing  on  a bitcoin casino would  do but  in this plan you  would need a  huge/decent amount to invest into it.
Investing in a casino is I think a good idea as long as you research the casino you want to invest in and are able to determine it’s a safe investment, the percentage you earn is low but with the house edge at your side is basically guaranteed you will win.
sr. member
Activity: 364
Merit: 250
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.
hero member
Activity: 1218
Merit: 557
Overall it has provided till now holding the coins and making the value increase. But need to understand the risk also associated is the same.
hero member
Activity: 546
Merit: 500
It is a way to make money but IMO at the moment not a good way unless you have years to wait. Investing in bitocoin takes so much time. Before your wallet grows bitcoin has to grow bigger and this is out of your hands. But overall if you invest and hold it down 3+ years then you'll see profit for sure.

Well I don't agree I do think it's a very very good method. What's better than just saving up and then waiting a few years to get great profit? It's a on the side thing all you do is put in money and keep an eye on the prices.
legendary
Activity: 896
Merit: 1000
Holding is a great way I think cause we all here believe on this forum that bitcoin hasnt reached full price yet and some people believe it will go to 10k+
I don't believe that but I think 2k should be reachable so I'm here till we reach that point.

most people here have full confidence in bitcoin, but that doesn't mean they should come up with unrealistic predictions such as $10,000, and some even $1,000,000 which is beyond insane. especially while we haven't even managed to reach the $1000 price level yet.
sr. member
Activity: 420
Merit: 250
Yeah sure holding your bitcoin for long time is good way to make a good profit because bitcoin is really more increasing its price in coming few months and people are buying bitcoin and then holding it for future.

It will take years and years until you see the real potential of what bitcoin can reach but if you have the patience then yes do it invest and keep investing and hold your patience and it will be rewarded. Bitcoin will rise every year a little bit more until it reaches its max.
legendary
Activity: 1218
Merit: 1000
Just hold bitcoin I think it would not be productive to get bitcoin in a long time. To be more productive is better to use it for trade or investment. Because it will get better profit.
holding low amount bitcoin will not worth ,
but if you hold a large amount for example 1,000 bitcoin ,
i guess it will be worth as a long term investment ,
in investment world there is no words called 'productive' i guess as it is clearly about investment ,
not making money daily or kind of.
Yes indeed holds bitcoin in large quantities it will be profitable. But in my opinion it was not enough to gain an advantage because I think good profits are profits made and attempted. Waiting for the price in my opinion it was not enough and we must always collect so that we continue to grow the number of bitcoin. If we just hold bitcoin long term I think this is promising because we do not know the price fluctuations will be beneficial or detrimental.
So if we just hold bitcoin long run it was very lacking in my opinion. But hold bitcoin and get it from a variety of ways that would be more productive to make money.
sr. member
Activity: 336
Merit: 250
Yes because the price sky rockets from time to time.
Yes like yesterday but it soon followed a down trend after it, and the op isn't asking about these short term jumps. Over the long term it primarily depends on adoption . Its hard to say it will be a safe investment, but its pure speculation based on the fact that bitcoin is the best answer towards decentralization and there fore should be the likely outcome. But if the adoption doesn't happen and it doesn't come to that phase, it will mean it won't rise in price and could over time fall down to around 100.
IF you want to make money with the bitcoin you cant just hold them for a while i know for sure that you cant make money with that allot because i know that when you put anough into the bitcoin it will come your way.
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