Is Holding Bitcoin a long time good way to make money? - page 129.

CryingMidget

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Quote from: btcdiggingmaster on July 17, 2016, 05:06:24 AM

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.

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Quote from: xIIImaL on July 14, 2016, 11:38:44 PM

Quote from: roadbits on July 14, 2016, 12:14:02 AM

Quote from: BicolIsarog on July 13, 2016, 10:55:30 PM

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.

No holding Bitcoin is right to make money. But don't wait for a long time whenever you will the price is good then you can sell your coins and make some profit. This is a good idea. Because we don't know when the Bitcoin price will go high and when it will come down. So hold your coin and make a profit in a timely manner.

Holding anything who have abig value,its a good way to make money. always, so if we hold bitcoin,but it all depending bitcoin price movement,if you hold bitcoin at low price,and sell it when price is up on several year,its really good trade,and trading is good way to make money.

Holding for the long term is very rewarding if you have enough patience to keep your coins sleeping in cold storage for years. I think less than 10% of the actual holders have enough patience to keep their coins for longer than a year in their wallet.

btcdiggingmaster

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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

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Quote from: roadbits on July 14, 2016, 12:14:02 AM

Quote from: BicolIsarog on July 13, 2016, 10:55:30 PM

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.

No holding Bitcoin is right to make money. But don't wait for a long time whenever you will the price is good then you can sell your coins and make some profit. This is a good idea. Because we don't know when the Bitcoin price will go high and when it will come down. So hold your coin and make a profit in a timely manner.

Holding anything who have abig value,its a good way to make money. always, so if we hold bitcoin,but it all depending bitcoin price movement,if you hold bitcoin at low price,and sell it when price is up on several year,its really good trade,and trading is good way to make money.

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Quote from: JeffBrad12 on July 14, 2016, 08:26:40 AM

Quote from: BicolIsarog on July 13, 2016, 10:55:30 PM

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.

Your wrong,holding is also a good idea to make a profit but for just hold your coin it's wrong to step. you can mix that with another activity can grow your bitcoin at the same time. it's will better than just holding for the price increase.

Yup, i agree with this. Holding your coin is a good idea. But holding Bitcoin for a long time is not okay. Because we don't know when the price will increase and when it will go down. So keep on watching Bitcoin price and when you feel the price is high sell your coins and make money. So don't wait for the big profit. And also yes do some other activities from Bitcoin to increase your profit.

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Quote from: BicolIsarog on July 13, 2016, 10:55:30 PM

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.

Your wrong,holding is also a good idea to make a profit but for just hold your coin it's wrong to step. you can mix that with another activity can grow your bitcoin at the same time. it's will better than just holding for the price increase.

roadbits

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Quote from: BicolIsarog on July 13, 2016, 10:55:30 PM

Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.

No holding Bitcoin is right to make money. But don't wait for a long time whenever you will the price is good then you can sell your coins and make some profit. This is a good idea. Because we don't know when the Bitcoin price will go high and when it will come down. So hold your coin and make a profit in a timely manner.

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Holding bitcoin in a long time is not good idea to make money because It's depend of what the bitcoin price is. Maybe by trading you can make your bitcoin into money.

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Quote from: Colt22 on July 13, 2016, 03:36:20 PM

Yeah, it is considered good to hold bitcoin for a longer time, everyone has noticed that in long term no one lose their investment in bitcoin, while those who only invest for a few days will depend on the price of that days, if the price in that days increased then he will earn and if the price decreased he will lose.

yeah it is really good,because for example if you can actually buy it at good moment,you will make a decent profit out of it.
It is not even neccesary to hold it for really long,bitcoin has big price fluctuations,what means you can make good % of growth,thanks to them if you are a skillful trader.

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Yeah, it is considered good to hold bitcoin for a longer time, everyone has noticed that in long term no one lose their investment in bitcoin, while those who only invest for a few days will depend on the price of that days, if the price in that days increased then he will earn and if the price decreased he will lose.

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Quote from: FLoving on July 13, 2016, 06:06:07 AM

Quote from: elyas772 on July 13, 2016, 04:35:28 AM

maybe yess maybe not
people sure bitcoin will rise again, and i believe it, i think holding bitcoin a long time is good way to make money.

I will say maybe Yes as I am sure that the price of bitcoin will increase once again, it was thought that after halving the price of bitcoin will crash immediately and you can see it did not occurred so now it is sure that the price of bitcoin will increase which normally occurs at halving or after some period of halving.

yeah, there is always risks involving holding bitcoin and its price in the future but since we are talking about holding bitcoin for a long time then the possibility of bitcoin becoming more famous hence having higher prices is a lot higher than it going down so this makes it a good long term investment with a good return.

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Quote from: FLoving on July 13, 2016, 06:06:07 AM

Quote from: elyas772 on July 13, 2016, 04:35:28 AM

maybe yess maybe not
people sure bitcoin will rise again, and i believe it, i think holding bitcoin a long time is good way to make money.

I will say maybe Yes as I am sure that the price of bitcoin will increase once again, it was thought that after halving the price of bitcoin will crash immediately and you can see it did not occurred so now it is sure that the price of bitcoin will increase which normally occurs at halving or after some period of halving.

I agree with you for the bitcoin price will increase again but before it happens we will feeling the impact from halving at first.
this just only a few days after halving and how we can feel about the impact from halving if it's a long term.

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Definitely you will make good money on holding BTC..upto when the price increases. BTC because every time bitcoin will rise their price definitely for sure. BTC

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Quote from: elyas772 on July 13, 2016, 04:35:28 AM

maybe yess maybe not
people sure bitcoin will rise again, and i believe it, i think holding bitcoin a long time is good way to make money.

I will say maybe Yes as I am sure that the price of bitcoin will increase once again, it was thought that after halving the price of bitcoin will crash immediately and you can see it did not occurred so now it is sure that the price of bitcoin will increase which normally occurs at halving or after some period of halving.

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Quote from: davis196 on July 13, 2016, 05:31:12 AM

Quote from: viking02 on June 30, 2015, 12:24:11 PM

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 wouldn`t say "good way to make money".It`s a good way to gain profit from investing in bitcoin itself.

I`ve never really made any money from btc price change.I always trade for cash before the price increase

because i`m stupid or lack of luck...

Haha . Yeah it is best to hold your bitcoins so you will have a higher profit especially now that bitcoin price is continuing to drop. That means that the mindset of the bitcoin holder now is that they are going to buy bitcoins because it is low. Then the supply of bitcoins in the market will become limited and the Market price of it will increase. By holding your bitcoin, you can earn more profit. Remember 2016 is the year of bitcoin that it can even reach above $1000 so better save your bitcoins until its low now.

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Quote from: viking02 on June 30, 2015, 12:24:11 PM

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 wouldn`t say "good way to make money".It`s a good way to gain profit from investing in bitcoin itself.

I`ve never really made any money from btc price change.I always trade for cash before the price increase

because i`m stupid or lack of luck...

elyas772

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maybe yess maybe not
people sure bitcoin will rise again, and i believe it, i think holding bitcoin a long time is good way to make money.

btcdiggingmaster

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In some cases it is best option to hold bitcoins and sell them when the price increases..but be sure buy at low price onlyBTC

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Holding bitcoin for a long time surely gives profit, but at the same user needs to take decision upon the price movement in accordance to time. I prefer to earn good with short term holding than long term holding because nothing is assured with bitcoin price.

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Quote from: vurasasog on July 10, 2016, 08:59:32 AM

Quote from: FLoving on July 10, 2016, 07:54:01 AM

Yes, if we hold bitcoins for longer time then the supply will be limited and the demand will increase and with that we can expect a good rise of the price of bitcoin for long run.

I hold the bitcoin for the long term. So it does not matter the price rise or drop in short term. I think the price will rise in long term.

Well you needed to think again about holding for long term i sure won't be able to losing the best moment if bitcoin getting a big increase in their value, for me it's too bad to just hold your bitcoin in the wallet I say try to grow your bitcoin example using a trading for this and at same time you wait about the price increase.

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