Is Holding Bitcoin a long time good way to make money? - page 119.

rizkyhiw

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Quote from: ronaldo40 on September 08, 2016, 11:29:04 AM

most people are predicting about bitcoin in the future will have a high price. I am also sure of it. in the future growth of bitcoin will be very big. we will reach the highest price in the future, so it really is very good if you hold bitcoin for the long term. but if you only make money this way, at least you should hold in large amounts.

i just afraid people optimism about bitcoin turn to a high dissapointment.
don't put too high expectation to anything or you will hurt.
although i'm personally still have a faith to bitcoin price will still go up.
i just hold a little amount bitcoin only for my long term investment , and so far so good.

Newcoins2020

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Holding bitcoin a long time can be very good to make money but you need lots of patience for this and you need to keep adding more bitcoin everytime for max. profit.
If you have alot of patience and you have faith in bitcoin then id say go for it and invest more and be patient. the risk takers are the people that get rich in life.

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Quote from: bestluck on September 08, 2016, 09:02:59 PM

Quote from: ekoice on September 06, 2016, 01:46:07 PM

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.

Currently the best time is running for to hold bitcoins so there is no need to to invest in any other place but just stay with your bitcoins, try to keep them in your wallet for the longer time as it is expected that in 2017 the price of bitcoin will increase more higher.

Some people would like to hold their bitcoin on their wallets for the long time and wait for the price increase which could give them decent profits. Some may like to hold and some may invest it and dont like on waiting game, which they saw an opportunity to grow their bitcoin thats why they intend to invest it on long term.

bestluck

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Quote from: ekoice on September 06, 2016, 01:46:07 PM

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.

Currently the best time is running for to hold bitcoins so there is no need to to invest in any other place but just stay with your bitcoins, try to keep them in your wallet for the longer time as it is expected that in 2017 the price of bitcoin will increase more higher.

ronaldo40

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most people are predicting about bitcoin in the future will have a high price. I am also sure of it. in the future growth of bitcoin will be very big. we will reach the highest price in the future, so it really is very good if you hold bitcoin for the long term. but if you only make money this way, at least you should hold in large amounts.

Digitalbitcoin

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Definitely.

If we see historical data of Bitcoin price we can judge what will be future of Bitcoins.

Future of Bitcoin is already predicted and its really great.

Price of Bitcoin is increasing day by day. As price of bitcoins after every halving increases potentially. Now third halving finished and price is quite stable but will move soon even started to increase.

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Quote from: mirakal on September 08, 2016, 05:11:18 AM

Quote from: JeffBrad12 on September 07, 2016, 11:59:43 PM

Quote from: 0day on September 07, 2016, 06:22:45 PM

Quote from: Bitcoinbro on September 06, 2016, 10:57:26 AM

Quote from: safari88 on August 30, 2016, 04:58:33 AM

yeah quite good, if you have a lot of bitcoin in hold for the long term. but if the money is not much, hold for the long term is not a good way to make money. better trade to make money short term.

Yes if you want long term big money go invest in bitcoin and hold it in there. If you want short term money then this is not so good cause it takes quite a while for the bitcoin to go up high enough to be profitable etc.. Short term money is easier to come by via trading then via doing nothing.

and in short term no one know that what will be the position of the price of bitcoin in that specific time, so we can expect a good profit from long term investment in bitcoin, while short term investment is advisable only for altcoins to get some profit.

But long term or short term it's same, about the price position of bitcoin that will be the same time in the long or short term just about the holders is can utilize it or not, because for pure profit or not is just about the holder can utilize every situation or not.

It is never the same, in long term we are comfortable with holding our bitcoins because we believe the future of bitcoin is good and it will bring us a good profit, bitcoin will be more popular in the future and the demand will increase and that is what I am seeing base on the performance of bitcoin economy now.

You are partly right but I must say that its still the question if this is gonna happen, I really hope the bitcoin is gonna rise on a long term, most likely you can make some good profit if you are holding the bitcoin long enough but the downside is that we cannot predict this is its just a speculation.

I'm really hoping we can succeed with this but we also have see this with our own eyes.

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Quote from: JeffBrad12 on September 07, 2016, 11:59:43 PM

Quote from: 0day on September 07, 2016, 06:22:45 PM

Quote from: Bitcoinbro on September 06, 2016, 10:57:26 AM

Quote from: safari88 on August 30, 2016, 04:58:33 AM

yeah quite good, if you have a lot of bitcoin in hold for the long term. but if the money is not much, hold for the long term is not a good way to make money. better trade to make money short term.

Yes if you want long term big money go invest in bitcoin and hold it in there. If you want short term money then this is not so good cause it takes quite a while for the bitcoin to go up high enough to be profitable etc.. Short term money is easier to come by via trading then via doing nothing.

and in short term no one know that what will be the position of the price of bitcoin in that specific time, so we can expect a good profit from long term investment in bitcoin, while short term investment is advisable only for altcoins to get some profit.

But long term or short term it's same, about the price position of bitcoin that will be the same time in the long or short term just about the holders is can utilize it or not, because for pure profit or not is just about the holder can utilize every situation or not.

It is never the same, in long term we are comfortable with holding our bitcoins because we believe the future of bitcoin is good and it will bring us a good profit, bitcoin will be more popular in the future and the demand will increase and that is what I am seeing base on the performance of bitcoin economy now.

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Quote from: 0day on September 07, 2016, 06:22:45 PM

Quote from: Bitcoinbro on September 06, 2016, 10:57:26 AM

Quote from: safari88 on August 30, 2016, 04:58:33 AM

yeah quite good, if you have a lot of bitcoin in hold for the long term. but if the money is not much, hold for the long term is not a good way to make money. better trade to make money short term.

Yes if you want long term big money go invest in bitcoin and hold it in there. If you want short term money then this is not so good cause it takes quite a while for the bitcoin to go up high enough to be profitable etc.. Short term money is easier to come by via trading then via doing nothing.

and in short term no one know that what will be the position of the price of bitcoin in that specific time, so we can expect a good profit from long term investment in bitcoin, while short term investment is advisable only for altcoins to get some profit.

But long term or short term it's same, about the price position of bitcoin that will be the same time in the long or short term just about the holders is can utilize it or not, because for pure profit or not is just about the holder can utilize every situation or not.

Doubler Disburser 232515

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It's like holding onto a stamp or a painting or sculpture, you're waiting for the price of the object to increase without it paying you anything such as a dividend that shares purchased on the stock exchange would payout.

Most people are really only paying for the privilege of using BitCoin with over inflated prices for a handful of dollars (or even just penny transactions) with there being no real difference between a large or small size BitCoin transaction.

Like the proverbial glass cookie jar, put a little bit away each week and see how it accumulates over a year.

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Quote from: Bitcoinbro on September 06, 2016, 10:57:26 AM

Quote from: safari88 on August 30, 2016, 04:58:33 AM

yeah quite good, if you have a lot of bitcoin in hold for the long term. but if the money is not much, hold for the long term is not a good way to make money. better trade to make money short term.

Yes if you want long term big money go invest in bitcoin and hold it in there. If you want short term money then this is not so good cause it takes quite a while for the bitcoin to go up high enough to be profitable etc.. Short term money is easier to come by via trading then via doing nothing.

and in short term no one know that what will be the position of the price of bitcoin in that specific time, so we can expect a good profit from long term investment in bitcoin, while short term investment is advisable only for altcoins to get some profit.

mindrust

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Holding everything you got as bitcoins definitely not a good idea. But holding no Bitcoins is also not a good idea neither.

What you need is diversification. Hold a percentage of your wealth as bitcoins so you won't worry about the pumps anymore. If you dont invest more than %10 of your money in bitcoins, you probably wont care about dumps neither. If a mega pump happens in the future you can earn endlessly. If a mega dump happens, you will only lose %10 and that is if the prices hit absolute zero, which is impossible until the core gets hacked.

upsidedown75

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Quote from: ekoice on September 06, 2016, 01:46:07 PM

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, when we are comparing holding bitcoin against trading bitcoin, definitely holding bitcoin must be the wisest idea to gain more profits but after considerably long duration. If you are ready to hold your Bitcoins for years, then trading bitcoin is not needed to make profits.

ekoice

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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.

Bitcoinbro

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Quote from: safari88 on August 30, 2016, 04:58:33 AM

yeah quite good, if you have a lot of bitcoin in hold for the long term. but if the money is not much, hold for the long term is not a good way to make money. better trade to make money short term.

Yes if you want long term big money go invest in bitcoin and hold it in there. If you want short term money then this is not so good cause it takes quite a while for the bitcoin to go up high enough to be profitable etc.. Short term money is easier to come by via trading then via doing nothing.

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Quote from: abayan on September 06, 2016, 06:21:38 AM

Quote from: Zadicar on September 06, 2016, 06:15:57 AM

Quote from: safari88 on September 06, 2016, 05:06:45 AM

Quote from: richardsNY on September 05, 2016, 08:06:52 PM

Quote from: bitlancr on September 05, 2016, 04:48:11 AM

Yes holding bitcoin for long is a good way to make money cause it just went up from 550 to 600 for example, so if you had 10 you would've made 500 profit. Anyways they will rise higher and higher resulting into a higher percentage profit. If they drop be sure to buy even more because after a drop they will get up above the previous price before the drop.

In order to make profit, you have to start selling some coins. If you keep holding and you see your coins have gone up in value, then it's basically only a statistic showing the higher value, and that's it. That's also the same for coins going down in value. You only lose when you are selling your coins. Basic things that a lot people don't seem to know, or care about.

depends on the confidence and the target of everyone. if they believe and targets to sell over $2k, they will not sell when it has reached $1k. but it is true as you say, must sell most bitcoin at a certain price, or otherwise prices will drop and we will wait any longer.

Self goals or aims which could make them hold their coins on any situation no matter what but still its an unwise decision since you could maximize the profits with your bitcoins that you hold as of now. Reaching a certain amount on your desire which is your target to sell your bitcoin but i wouldnt help to the bitcoins ecosystem for able to grow more in the future.

I agree bitcoin is like ecosystem we should roll it not keep it i think if that will happen if all of us keeping bitcoin and wait until the price rises that it could affect bitcoin. But we can say that it is safer if yyou just wait and hold your bitcoin until the exact price but if you invest or do something to earn more is very risky but you can earn it fast.

Without taking risk earning good profit is really hard, but as mentioned by the above mate can earn with the price variation that takes place periodically. If the price gets stabilized for a long the earning won't be much in a short time holding, better is to involve into various earning methods with small amounts as investment.

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Quote from: Zadicar on September 06, 2016, 06:15:57 AM

Quote from: safari88 on September 06, 2016, 05:06:45 AM

Quote from: richardsNY on September 05, 2016, 08:06:52 PM

Quote from: bitlancr on September 05, 2016, 04:48:11 AM

Yes holding bitcoin for long is a good way to make money cause it just went up from 550 to 600 for example, so if you had 10 you would've made 500 profit. Anyways they will rise higher and higher resulting into a higher percentage profit. If they drop be sure to buy even more because after a drop they will get up above the previous price before the drop.

In order to make profit, you have to start selling some coins. If you keep holding and you see your coins have gone up in value, then it's basically only a statistic showing the higher value, and that's it. That's also the same for coins going down in value. You only lose when you are selling your coins. Basic things that a lot people don't seem to know, or care about.

depends on the confidence and the target of everyone. if they believe and targets to sell over $2k, they will not sell when it has reached $1k. but it is true as you say, must sell most bitcoin at a certain price, or otherwise prices will drop and we will wait any longer.

Self goals or aims which could make them hold their coins on any situation no matter what but still its an unwise decision since you could maximize the profits with your bitcoins that you hold as of now. Reaching a certain amount on your desire which is your target to sell your bitcoin but i wouldnt help to the bitcoins ecosystem for able to grow more in the future.

I agree bitcoin is like ecosystem we should roll it not keep it i think if that will happen if all of us keeping bitcoin and wait until the price rises that it could affect bitcoin. But we can say that it is safer if yyou just wait and hold your bitcoin until the exact price but if you invest or do something to earn more is very risky but you can earn it fast.

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Quote from: safari88 on September 06, 2016, 05:06:45 AM

Quote from: richardsNY on September 05, 2016, 08:06:52 PM

Quote from: bitlancr on September 05, 2016, 04:48:11 AM

Yes holding bitcoin for long is a good way to make money cause it just went up from 550 to 600 for example, so if you had 10 you would've made 500 profit. Anyways they will rise higher and higher resulting into a higher percentage profit. If they drop be sure to buy even more because after a drop they will get up above the previous price before the drop.

In order to make profit, you have to start selling some coins. If you keep holding and you see your coins have gone up in value, then it's basically only a statistic showing the higher value, and that's it. That's also the same for coins going down in value. You only lose when you are selling your coins. Basic things that a lot people don't seem to know, or care about.

depends on the confidence and the target of everyone. if they believe and targets to sell over $2k, they will not sell when it has reached $1k. but it is true as you say, must sell most bitcoin at a certain price, or otherwise prices will drop and we will wait any longer.

Self goals or aims which could make them hold their coins on any situation no matter what but still its an unwise decision since you could maximize the profits with your bitcoins that you hold as of now. Reaching a certain amount on your desire which is your target to sell your bitcoin but i wouldnt help to the bitcoins ecosystem for able to grow more in the future.

safari88

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Quote from: richardsNY on September 05, 2016, 08:06:52 PM

Quote from: bitlancr on September 05, 2016, 04:48:11 AM

Yes holding bitcoin for long is a good way to make money cause it just went up from 550 to 600 for example, so if you had 10 you would've made 500 profit. Anyways they will rise higher and higher resulting into a higher percentage profit. If they drop be sure to buy even more because after a drop they will get up above the previous price before the drop.

In order to make profit, you have to start selling some coins. If you keep holding and you see your coins have gone up in value, then it's basically only a statistic showing the higher value, and that's it. That's also the same for coins going down in value. You only lose when you are selling your coins. Basic things that a lot people don't seem to know, or care about.

depends on the confidence and the target of everyone. if they believe and targets to sell over $2k, they will not sell when it has reached $1k. but it is true as you say, must sell most bitcoin at a certain price, or otherwise prices will drop and we will wait any longer.

Bitcoinbro

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Holding bitcoin long can turn out two ways, you win or you lose your money. Because bitcoin is still rising I think time is now to make money. Hold them now and sell them when they are on their high point. Maybe we can reach 1k+ or even 2k+ that would be great news and then we can sell them. So yes holding bitcoin is a good way but also bad you never know whats happening next.

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