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Topic: Is Holding Bitcoin a long time good way to make money? - page 131. (Read 368873 times)

newbie
Activity: 7
Merit: 0
I think the price of bitcoin will now not go to drop, so it is not bad that we keep our coins for more longer in our wallets, it will make us to earn better with the passage of time.
sr. member
Activity: 260
Merit: 250
By holding the bitcoin for a long term you can make a lot of money, also the fact that the bitcoin has a great future its also really worth doing this.
The longer you are holding right now the more profit you are gonna make without any doubts for sure.
sr. member
Activity: 420
Merit: 250
Yes I think its good invest for a long time but that it also can have a lot of risks because of the fact.
I think with the bitcoin itself you can make a lot of money due to the fact that it has a great future.

Investing now for a long time can be very good but I also think its really depending on how you are doing this with all the things that are going on, I honestly do not think holding them too long is good.
As a example if the price is gonna rise to a very high amount I still will sell my long term stash.
sr. member
Activity: 336
Merit: 250
However, isn't the value of bitcoin almost always going to go up so its best to hold it?

In theory it should being a deflationary currency, but it all depends on supply and demand.

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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? 

Again, in theory the halving should push the value up but that also depends on what the demand for coins is like.
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Could bitcoin go all the way to 0 soon? 

It could go to zero or less than $100 but probably wont anytime soon and hopefully never.


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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?

The price is very low and bitcoin hasn't reached even a small percentage of it's potential so the potential for it to rise dramatically or go back to around $1000 is very good in my opinion though we may need patience.
If we are all holding it will not be so good for the price of the bitcoin off course. But when we are holding just a half of our bitcoins and spending some or trading some
That will cause a price increase for sure so make sure you spend some and save some not everything saving at the same time.
sr. member
Activity: 364
Merit: 250
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?

Holding bitcoin is like holding other investments such as stocks or gold. Is holding stocks always good? Apple was at $200 in 2010, it was $600 in 2014 before the stock split. There were ups and downs during those 4 years, it also peaked at $670 in 2012. Knowing when to buy and when to hold is whats makes it "good".

Bitcoin peaked at over $1000 and now it is around $250. If you think bitcoin has the potential to pass $1000 again, isn't buying at $400 and $300 still very "good"?
Holding bitcoins for a long time is the best thing you could do you know. There are allot of peopel doing it the only thing what makes it difference.
Is that when you only hold your coins there are no coins spending and spending coins make price increases that is really important for the bitcoin.
sr. member
Activity: 350
Merit: 250
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?
Holding bitcoins for a long time is that making good money or is it just wrecking the bitcoin i dont know what to think about it because both
of the storys has something that is true because holding and wait for price increase is always good. But holding and not spending makes no price increase so you have always double thoughts.
hero member
Activity: 686
Merit: 500
Yes I think its good invest for a long time but that it also can have a lot of risks because of the fact.
I think with the bitcoin itself you can make a lot of money due to the fact that it has a great future.

It is true that long run investment in bitcoin is better and will benefit us a lot, but there is no any risk in there, a lot of people are considering it as a risk but they are at fault, they do not have any knowledge about bitcoin and that is why they are saying like that.
sr. member
Activity: 294
Merit: 250
Yes because the price sky rockets from time to time.
i could argue with that,its depends from the perspective.
it's hell of a risky to just buy it blindly and have hope "it will sky rocket", i would try to implement some real trading strategies and look for a good breakout to buy it.
You can sell BTC too at some trading sites,which might be better choice (at short term usually)
sr. member
Activity: 275
Merit: 250
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?
If you where the only one doing this kind of things hbolding bitcoins for allong time you will have the most profit out of us all but because allot of people are holding their coins. The
price of the bitcoin wont rise because the prise will only rise is we are spending coins you know so if you want to hold do it with just some and not all of your coins.
sr. member
Activity: 434
Merit: 250
Holding them is actually a better way, because the price is nothing as we don't have too many people involved still.
Just let this go mainstream and see how the price explodes.

I dont think its how long you hold it but knowing when to sell it.  As the prices fluctuate.  BTC is expected to go up for 2016.  So depending on when you bought it or should I say at what price.  Hold it until you. Feel comfortable selling it. All depends on what you are going for.  Profit like most people or a currency you can use if your local currency ever fails.

hero member
Activity: 756
Merit: 500
Holding them is actually a better way, because the price is nothing as we don't have too many people involved still.
Just let this go mainstream and see how the price explodes.
yes and i will llikely say that now there is lefing a very little time. the waiting time is now finish. but the only thing is to pray for the price to go upward and not to fell down over night. i am hopeful that the price will not fell down and will stay balanced.

Ofcourse it will not fell down overnight like ETH, the users of bitcoin has great trust on it to grow in future and i think the trust won't be broken because as the time goes it gets more popular among people and more and more people start using it, so the more users and investors it get the more its value will rise.
sr. member
Activity: 252
Merit: 250
Holding them is actually a better way, because the price is nothing as we don't have too many people involved still.
Just let this go mainstream and see how the price explodes.
yes and i will llikely say that now there is lefing a very little time. the waiting time is now finish. but the only thing is to pray for the price to go upward and not to fell down over night. i am hopeful that the price will not fell down and will stay balanced.
legendary
Activity: 1218
Merit: 1007
Holding them is actually a better way, because the price is nothing as we don't have too many people involved still.
Just let this go mainstream and see how the price explodes.
sr. member
Activity: 364
Merit: 250
Yes I think its good invest for a long time but that it also can have a lot of risks because of the fact.
I think with the bitcoin itself you can make a lot of money due to the fact that it has a great future.
Yes there is a risk but not too much because you are just holding your coins for long term which is one of the safest method to still make money because we can see that every year the price of bitcoin is going up.
sr. member
Activity: 462
Merit: 250
Yes I think its good invest for a long time but that it also can have a lot of risks because of the fact.
I think with the bitcoin itself you can make a lot of money due to the fact that it has a great future.
hero member
Activity: 770
Merit: 500
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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?

well i don't think that it is best way, because it is actually very slow,but good thing of this way to earn is that you won't lose bitcoins that you already have, their price will rise only though

so you will get more value from them, other good way is trading, but you have to know that it requires lots of time and knowledge,  and then you will make loads of profit
legendary
Activity: 1526
Merit: 1001
Holding bitcoins for that long time is not what we want becasue there will not come a price rise if we just all hold our coins you know. There are allot
of peopel who think yes holding coisn wait till the price goes up no you need to spent some of them idiots.

I save bitcoin with the aim of getting a considerable profit. bitcoin save in the long term is good for those who have large capital. but if they are that have little capital then it was a nightmare.
member
Activity: 70
Merit: 10
for me it is not the best way. You can get more profit when it can trade as often as possible. too long to save bitcoin will not be profitable. fortunately only slightly. while when you do trading transactions with amounts more often then the advantage that you can be guaranteed more.

Im agree with you mate we need to sell our bitcoin to have profit because if we do not sell we can not gain profit thats why i invest some of my bitcoin in trading while waiting the halving i also do something to increase or to grow my bitcoin
full member
Activity: 168
Merit: 100
for me it is not the best way. You can get more profit when it can trade as often as possible. too long to save bitcoin will not be profitable. fortunately only slightly. while when you do trading transactions with amounts more often then the advantage that you can be guaranteed more.
hero member
Activity: 700
Merit: 500
Currently it is volatile right now, but there seems to be a movement in support for it right now. It could go either ways and can make or loose money.
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