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Topic: Is Holding Bitcoin a long time good way to make money? - page 128. (Read 368873 times)

legendary
Activity: 840
Merit: 1000
How much is long for you? For some people 1 month is long to hold bitcoin and I can say that this is not a good way to hold bitcoins, for me a long time can be 5+ years and through this time I should not care about the price and I should not count that I own/hold bitcoin because I said that I will hold for more than 5 years, holding for a long time can be good but also should check the news if something bad happens then we should sell them before bitcoin be useless.
legendary
Activity: 1274
Merit: 1004
yes bitcoin can be a good investment for a long time investment. it has most chances that the price will grow higher and higher in the near feature and we know it because of its popularity and its usage. bitcoin is being used over whole world at current time
hero member
Activity: 756
Merit: 500
it is indeed very good, and has a small risk, but I think it's less produced many bitcoin. if you hold bitcoin that you have in one year, may be an advantage that you get about $ 200, but if you use it for investment or other business, you probably can make $ 400, but it all depends on your mind, but both were very good to be chosen

Holding bitcoins is good for earning some extra profit from it but holding them for too long can get worse because if you are holding them and waiting for the price to go even higher and if suddenly price gets down which we never know when could happen, then that would surely bad because you will lose the profit you could earn.
hero member
Activity: 658
Merit: 500
it is indeed very good, and has a small risk, but I think it's less produced many bitcoin. if you hold bitcoin that you have in one year, may be an advantage that you get about $ 200, but if you use it for investment or other business, you probably can make $ 400, but it all depends on your mind, but both were very good to be chosen

Yeah, the risk there is lesser in this time as it is the time of development and success of bitcoin and with that the price of bitcoin will increase more higher so all of us will get the profit, we do not have to hesitate by holding them.
legendary
Activity: 2492
Merit: 1001
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it is indeed very good, and has a small risk, but I think it's less produced many bitcoin. if you hold bitcoin that you have in one year, may be an advantage that you get about $ 200, but if you use it for investment or other business, you probably can make $ 400, but it all depends on your mind, but both were very good to be chosen
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
I think yes it is a good way to get profit by holding our coins for the whole year and I think if we do not need our money then we have to keep them for longer.
Yes if you dont need much your money then its fine to hold it because the price of bitcoin might increase in the future and you will earn from it. although there is always risk, i think it is more safe than investing it in some investment program and later on might be scam.

As quoted people expecting small profit in a long time can go with long term holding. Also long term holding has got highest risk than grabbing profit in short term holding. With short term holding we can make predictions close to reality but with long time holding we can't make predictions much close to reality.

i believe in the exact opposite of what you just said.
i mean, i believe that it is so much easier to know the long term state of bitcoin or even altcoins for that matter. for example i am fairly sure that bitcoin price will be higher than $700 next year and maybe not $2000 but it would surely be higher. but i can't tell if today price is going down $10 or up $10 (it is possible though but it is much harder at least for me).
#BitcoinHodler
legendary
Activity: 3206
Merit: 1213
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I think yes it is a good way to get profit by holding our coins for the whole year and I think if we do not need our money then we have to keep them for longer.
Yes if you dont need much your money then its fine to hold it because the price of bitcoin might increase in the future and you will earn from it. although there is always risk, i think it is more safe than investing it in some investment program and later on might be scam.

As quoted people expecting small profit in a long time can go with long term holding. Also long term holding has got highest risk than grabbing profit in short term holding. With short term holding we can make predictions close to reality but with long time holding we can't make predictions much close to reality.
hero member
Activity: 3010
Merit: 629
I think yes it is a good way to get profit by holding our coins for the whole year and I think if we do not need our money then we have to keep them for longer.
Yes if you dont need much your money then its fine to hold it because the price of bitcoin might increase in the future and you will earn from it. although there is always risk, i think it is more safe than investing it in some investment program and later on might be scam.
sr. member
Activity: 364
Merit: 254
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I think that holding bitcoin is going to be profitable, but there is risk to it. We don't know for sure that bitcoin will succeed. Also, some of us don't have very much bitcoin so if we can increase what we have through lending, trading, etc., we might have enough later to be worth something.
full member
Activity: 126
Merit: 100
holding bitcoin is very good time is three month
is long term over one year hold is high risk
is now good time buy bitcoin
full member
Activity: 154
Merit: 100
Of course Holding bitcoins long time is best way to make profit but for me as trader i will hold them as long as i can , but if i fined eny profitable altcoin today i will  use them)
sr. member
Activity: 448
Merit: 250
Holding is the only reasonable to do if you don't use bitcoin for shopping and/or trading alts.
The potential price rise.
newbie
Activity: 6
Merit: 0
I think yes it is a good way to get profit by holding our coins for the whole year and I think if we do not need our money then we have to keep them for longer.
legendary
Activity: 3472
Merit: 10611
Holding bitcoin for long time is only the safe way so that you can  save your money, but here is some risk in that also, how means when the bitcoin price falls definitely there is a loss.  Even you are holding you are not losing any money so that is good for yourself. Without risks than you cant also make money.

Actually it's not safe to hold it for long term we don't know what will happen next to bitcoin at this moment bitcoin price continue to increase but what if bitcoin crash ? At that time you will lost .so it's better to prepare buy and sell bitcoin  to earn profit sell it if you think the price will decrease


Unless the price decline is long term, and severe, I would say to hold through the dip. Trading carries some inherent risk of losing value; I would only peg back to fiat after I lost 7-15%, and intend to buy back in at the bottom. Otherwise, safer to hold now that bitcoin isn't as volatile as it once was. A crash to ruin is highly unlikely at this point, or at least it won't be sudden.

i have always said, you either have to be a trader if you can handle it and know how to make a profit from the market or you have to be a long term holder.

and in case you are a trader then you have to sell if you think a dip is shaping up before you lose too much and buy back again at the bottom. but a trader should already know that.

and in case you are not a trader, or you can't make a profit based on your experience then hold and don't worry about the small temporary changes because you will lose money if you get into trading, and it is not for everyone.
legendary
Activity: 1148
Merit: 1048
Holding bitcoin for long time is only the safe way so that you can  save your money, but here is some risk in that also, how means when the bitcoin price falls definitely there is a loss.  Even you are holding you are not losing any money so that is good for yourself. Without risks than you cant also make money.

Actually it's not safe to hold it for long term we don't know what will happen next to bitcoin at this moment bitcoin price continue to increase but what if bitcoin crash ? At that time you will lost .so it's better to prepare buy and sell bitcoin  to earn profit sell it if you think the price will decrease


Unless the price decline is long term, and severe, I would say to hold through the dip. Trading carries some inherent risk of losing value; I would only peg back to fiat after I lost 7-15%, and intend to buy back in at the bottom. Otherwise, safer to hold now that bitcoin isn't as volatile as it once was. A crash to ruin is highly unlikely at this point, or at least it won't be sudden.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
Holding bitcoin for long time is only the safe way so that you can  save your money, but here is some risk in that also, how means when the bitcoin price falls definitely there is a loss.  Even you are holding you are not losing any money so that is good for yourself. Without risks than you cant also make money.

Actually it's not safe to hold it for long term we don't know what will happen next to bitcoin at this moment bitcoin price continue to increase but what if bitcoin crash ? At that time you will lost .so it's better to prepare buy and sell bitcoin  to earn profit sell it if you think the price will decrease
full member
Activity: 896
Merit: 115
Holding bitcoin for long time is only the safe way so that you can  save your money, but here is some risk in that also, how means when the bitcoin price falls definitely there is a loss.  Even you are holding you are not losing any money so that is good for yourself. Without risks than you cant also make money.
hero member
Activity: 924
Merit: 500
holding bitcoin for a long time is good way to make money because the more the bitcoin get popular the more it the more the price will going to increase. but in other ways its bad because the other is buying at higher price they cant get profit after all then sometimes they're getting stuck or ending up to bankrupt that's why you need know when to buy and hold and when to sell when it at higher price
hero member
Activity: 700
Merit: 500
Yes I think holding bitcoin is good for long term invest, but you have to wait patiently up to when the price increases .Even i also invested some % of my own money into bitcoin and holding them.I do have the patience for it, for a long time it can bring you big amounts of dollars for sure.BTC


Yup Long term holding will profit you high. The price of bitcoin is increasing and not on the decreasing side. Over years this growth will continue to make a comfortable living with a earning of single bitcoin on the third world countries.

If you want to hold your bitcoins for a period longer then 1 year i think it is very likely you will earn on profit with your bitcoin.
The potential for bitcoin is more then 650 dollar.
holding Bitcoin is undoubtedly a very good way to make money. If you hold bitcoins for a year then the profit can be very huge  Cheesy Cheesy Cheesy 
I guess the potential for bitcoins is a lot more than 650 dollars as many people start using bitcoins it's price will increase.
hero member
Activity: 546
Merit: 500
Yes I think holding bitcoin is good for long term invest, but you have to wait patiently up to when the price increases .Even i also invested some % of my own money into bitcoin and holding them.I do have the patience for it, for a long time it can bring you big amounts of dollars for sure.BTC


Yup Long term holding will profit you high. The price of bitcoin is increasing and not on the decreasing side. Over years this growth will continue to make a comfortable living with a earning of single bitcoin on the third world countries.

If you want to hold your bitcoins for a period longer then 1 year i think it is very likely you will earn on profit with your bitcoin.
The potential for bitcoin is more then 650 dollar.
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