Topic: Is Holding Bitcoin a long time good way to make money? - page 124. (Read 368873 times)
Still worth to hold bitcoin for 1-2 years i think
Holding Bitcoin is profitable for the long run, but it's a little bit risky as well, because the price could decrease instead of increasing.
That happens most of the times that people holding their bitcoins and not even selling them when the price is quite high because they think they will get higher returns later on but suddenly the price falls down, so it is always better to sell some of the coins you have when you get a reasonable price for it.
I think no there are only few people are holding their bitcoin since the bitcoins are now rotating everywhere and many people are afraid for downwards flactuation today since the bitfinex issue are just happened for those past days, but today the price are turning back high again and i think it is regaining back to its form slowly, lucky for those people who buys bitcoin at the dumping stage of it and they earn some profit these days ahead.
Holding Bitcoin is profitable for the long run, but it's a little bit risky as well, because the price could decrease instead of increasing.
That happens most of the times that people holding their bitcoins and not even selling them when the price is quite high because they think they will get higher returns later on but suddenly the price falls down, so it is always better to sell some of the coins you have when you get a reasonable price for it.
Holding is good if you do not mind doing it long term. I suspect the price to gradually increase over the next few months.
I have held some since it was fairly cheap early on so I can say out of experience that it is a good way to bank profit because I sold some just before the dip last week and have keep some for the impending increase that is too come.
So I can say all in all it is a good way to earn money on your initial investment of buying them early enough.
So I can say all in all it is a good way to earn money on your initial investment of buying them early enough.
Yes i also sell 2 bitcoins of mine three weeks back fearing the Bitfinex Crisis would further dent the bitcoin prices. I wrongly perceived it as bitcoin is now back to its price it was before the bitfinex crisis.
Not entirely. The price was around $650 when the news about Bitfinex started to kick in. In a very short time it dropped all the way down to the $465 price level. Great opportunity to make a quick profit. May I ask at what price you sold your coins at?
Holding Bitcoin is profitable for the long run, but it's a little bit risky as well, because the price could decrease instead of increasing.
Yes, holding Bitcoin a long time is a good way to make money, because the Bitcoin's price will increase sooner or later and that is will the opportunity to make profit for the holders
I have held some since it was fairly cheap early on so I can say out of experience that it is a good way to bank profit because I sold some just before the dip last week and have keep some for the impending increase that is too come.
So I can say all in all it is a good way to earn money on your initial investment of buying them early enough.
So I can say all in all it is a good way to earn money on your initial investment of buying them early enough.
Yes i also sell 2 bitcoins of mine three weeks back fearing the Bitfinex Crisis would further dent the bitcoin prices. I wrongly perceived it as bitcoin is now back to its price it was before the bitfinex crisis.
I think holding bitcoins for a limited time can be profitable but it can be risky holding them for too long. No one can really know what will happen in coming time, especially now, after the halving.
Exactly, holding your coins can earn you good profits if you hold them just for sometime until the price goes to a reasonable amount that can earn you some good profits, but it can reduce your profits if you hold them for too long because we can never know when the price starts dropping again.
I first got bitcoin from withdrawing from gambling sites. I deposited with another method but could withdraw bitcoin so i did it. Around that time bitcoin was around $220 usd or so and when i got it, i would then trade it for poker funds from other person etc because I didn't want to hold the bitcoins due to reading about price fluctuations. However, isn't the value of bitcoin almost always going to go up so its best to hold it? I know last year it was $600 and the highest was when it was more than $1000 per bitcoin. But since it is all the way down to $200-$300, isn't having bitcoin always good? Could bitcoin go all the way to 0 soon? I had thought hey if you get bitcoin when its $230 when the price stayed like that for a long time, thats great b/c very hard for it to go below $200 because i haven't seen that. But even if it does, isn't it almost always going to rebound and go back up? Last time i had btc and it was $230 or so and now it went up to $260. So if you have say 100 bitcoins... well... thats a nice $3000 profit or so.
I'm sure there are ppl that have thousands or bitcoins right and just hold on to it? And many that would sell btc immediately if prices go all the way up? If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right? However if they sell it via localbitcoins or other method, they are going to get a higher profit right? However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.
In general, isn't holding BTC always a good thing since the price of it is pretty low now? Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster. But since its in the $200-$300 range, isn't having BTC always good?
I'm sure there are ppl that have thousands or bitcoins right and just hold on to it? And many that would sell btc immediately if prices go all the way up? If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right? However if they sell it via localbitcoins or other method, they are going to get a higher profit right? However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.
In general, isn't holding BTC always a good thing since the price of it is pretty low now? Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster. But since its in the $200-$300 range, isn't having BTC always good?
There is no doubt that holding bitcoins in your wallet is really great idea, because these prices will raise up sometimes, but it's not 100% safe. So it's your choice to hold them or not. now prices are a little down but it will raise up i think
I think holding bitcoin is going to be a good way of earning, as we can see bitcoin is toward to a better price, and after halving i optimist that the price its going to up and i can see the bitcoin popularity keep on increasing so I think bitcoin is a great asset to invest
I think holding bitcoins for a limited time can be profitable but it can be risky holding them for too long. No one can really know what will happen in coming time, especially now, after the halving.
Investing while waiting is the best way to make money, you can multiple your money with investing, and if the price increase more you will get profit double than you expected, so why you choose only one option if you still have more.
I have held some since it was fairly cheap early on so I can say out of experience that it is a good way to bank profit because I sold some just before the dip last week and have keep some for the impending increase that is too come.
So I can say all in all it is a good way to earn money on your initial investment of buying them early enough.
So I can say all in all it is a good way to earn money on your initial investment of buying them early enough.
It is basically a really good way of earning profits if you buy bitcoins and hold them for some time and sell them back when the price is higher than the time you bought them, but sometimes holding them for too long can be risky because you may dont sell them when the price is high because you think it will go higher and what if it comes even down then the amount you bought them?
I have held some since it was fairly cheap early on so I can say out of experience that it is a good way to bank profit because I sold some just before the dip last week and have keep some for the impending increase that is too come.
So I can say all in all it is a good way to earn money on your initial investment of buying them early enough.
So I can say all in all it is a good way to earn money on your initial investment of buying them early enough.
Good to invest in bitcoin if you have many bitcoin , you sustained to get a big profits. But if bitcoin you have 1-3btc only to invest you better just to cut it into two and to invest in the site are i paying like in forex to not sleep your money . In forex trading can be more or altcoins so many choices to make every day income. Its hard if you invest in one of such intolerable bitcoin before you earn . But if you invest in others will earn you greater revenue to invest in bitcoin .
It's good to maximize all your trading activity but in here you are just increasing also the risk since you are playing with all the risk in those respective trades.
It's fine because we just have to play with the risk but with BTC1-3 amount as you stated, it's enough to play with only lone risk depends on what type of trades you preferred.
Holding bitcoins a long time is indeed a good way to make money, because sooner or later the Bitcoin's price will increase, and this way you make good amount as profit.
it's good if you study the Bitcoin's market well and if there is predictions that the price will increase highly , otherwise you could lose or at least wait for long time to make some earning
Yes because the price sky rockets from time to time.
Yes its okay to hold it but we know that no one can tell if bitcoin going up or down. Much better to invest the half in another investment to mske income while waiting the bitcoin price up.Holding is only good for save some money because with holding you ca'nt earn money with it and that is bad so you have also to take some risks if you want to make profit in future, It is nice to hold it around this time because the value is not high enough to sell it and It will become a stable price soon with high value.
Good to invest in bitcoin if you have many bitcoin , you sustained to get a big profits. But if bitcoin you have 1-3btc only to invest you better just to cut it into two and to invest in the site are i paying like in forex to not sleep your money . In forex trading can be more or altcoins so many choices to make every day income. Its hard if you invest in one of such intolerable bitcoin before you earn . But if you invest in others will earn you greater revenue to invest in bitcoin .
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