Topic: Is Holding Bitcoin a long time good way to make money? - page 132. (Read 368902 times)
Holding BTC for a long term investment could be profitable in some sense because Bitcoin is always increasing price overtime and I think I might as well hold a 10BTC in the next 10 years I could be a millionaire.
I think you can hold up some bitcoin but you always have to keep an eye on the market self because it can change every minute and hour so always keep an eye on it.
Long terms are mostly good but no one can predict the future so nothing is sure.
Long terms are mostly good but no one can predict the future so nothing is sure.
I know most of the people love to hold bitcoins besides its value. Some people try to use the market advantage to make more profits. What they do is, they buy bitcoins at low price, sell at high price. They repeat the same. After a certain time, they might be holding more bitcoins.
I think you can hold up some bitcoin but you always have to keep an eye on the market self because it can change every minute and hour so always keep an eye on it.
Long terms are mostly good but no one can predict the future so nothing is sure.
Long terms are mostly good but no one can predict the future so nothing is sure.
If you can hold for a couple of years then I do believe it's a good idea, but remember it's important to know when you step in. The lower (500ish) will give you a good time to step out if you can't wait that long.
Holding up some bitcoin for a long term is very good, I honestly cannot do this because I simply do not have the patient for it.
I heard that its profitable but its also the question what you consider a long term.
I heard that its profitable but its also the question what you consider a long term.
Yes in the overall experience it is profitable but its really depending on the future of the bitcoin itself of course.
I think we have a good future and that it will be profitable.
I think we have a good future and that it will be profitable.
Some people thinks it is good to hold your money for allong time or bitcoins am i talking about off course. But it is not good when everybody does it.
And that is the problem because if someone says its good others will also hold and that will decrease the price of the bitcoin allot.
And that is the problem because if someone says its good others will also hold and that will decrease the price of the bitcoin allot.
That's not the true reason. When everyone starts holding the regular circulation of bitcoin gets affected. This gets impacted on the bitcoin price.
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.
of peopel who think yes holding coisn wait till the price goes up no you need to spent some of them idiots.
holding bitcoin is always a good idea especially if you do it as a long term investment because bitcoin is still young and it has been growing and this growth will only continue in the future. so buying now means a big profit in the future.
but also buying bitcoin on top for example the $1200 of the last rise is a mistake and you should make sure to sell if you have bought on top, but buying low for example the $200-$400 is a good idea to hold it for a very long time.
but also buying bitcoin on top for example the $1200 of the last rise is a mistake and you should make sure to sell if you have bought on top, but buying low for example the $200-$400 is a good idea to hold it for a very long time.
Holding bitcoins for a long time is not really good for the economy of the bitcoin because if we all just hold our coins we cant hope
that the price is rising you know there will come a price increasse off course but he wont be so high if we all hold.
that the price is rising you know there will come a price increasse off course but he wont be so high if we all hold.
IS holding bitcoins for a long time good way to make money i dont think holding your bitcoins on a long time is really good for the price of the bitcoin only if we all doing it
But i dont think there are allot of peole who know that so if you want to hold your coins do it your way.
But i dont think there are allot of peole who know that so if you want to hold your coins do it your way.
Yes holding the bitcoin is good if you are doing it on a good way, if you hold your bitcoins right now and stay holding them you will make good profits.
The nice fact is that the halving is also coming and it will be profitable most likely.
The price of bitcoin will increase not only because of halving but it is also the fact that now more companies are adopting bitcoin for their businesses and with that the demand is increasing and giving a boost up to the price of bitcoin.The nice fact is that the halving is also coming and it will be profitable most likely.
If you are someone who is rich and has a lot of money then it's a nice way. but if you are a little money I suggest trading. by trading your money grows every moment.
money can be easily increase even without trading when we just hold them as the price of bitcoin in the coming month will increase, but if he want to increase his bitcoin amount then he should have to start trade.
If you are someone who is rich and has a lot of money then it's a nice way. but if you are a little money I suggest trading. by trading your money grows every moment.
Some people thinks it is good to hold your money for allong time or bitcoins am i talking about off course. But it is not good when everybody does it.
And that is the problem because if someone says its good others will also hold and that will decrease the price of the bitcoin allot.
And that is the problem because if someone says its good others will also hold and that will decrease the price of the bitcoin allot.
I use to buy and hold the bitcoins as much i can! I see recently it being adopted by companies slowly, businesses are fast, consumers are still slow. There is so much doubt to people unfamiliar with bitcoin. It often takes them getting in there and getting there hands dirty and touching some coins before they really even understand that its real money and technology and not just a scam.
Some people thinks it is good to hold your money for allong time or bitcoins am i talking about off course. But it is not good when everybody does it.
And that is the problem because if someone says its good others will also hold and that will decrease the price of the bitcoin allot.
And that is the problem because if someone says its good others will also hold and that will decrease the price of the bitcoin allot.
I dont think this is the best way to be sure that the price of the bitcoin will rise allot because of we all hold our bitcoins the price wont be high.
So if you have allot of coins make sure you spent some of them.
So if you have allot of coins make sure you spent some of them.
Holding till the block halving is the best option. After that you can decide for yourself if you want to hold your Bitcoins longer or not. I personally am holding for the long term, but I will surely secure some profits just before or just after the block halving.
you need exist points when the price is up, and buying points when the price is low. in this way you can profit by the way.
That's right but on holding you need to have a fixed schedule in terms of price and holding only then can grab the good profit.
The long term 1-2 years are great to get some profits by holding. But if you really start active trading you have to reconsider because it is a good way to make money, but also to lose money.
You partly right but I must say that long terms are not 2 years its mostly way longer in my eyes.
I think long term investing is good if you have the patient for it.
Holding up the bitcoin is very good indeed and you can make a lot of money with just holding the bitcoin in my eyes.
Its just how you look at it, holding is now very good.
Its just how you look at it, holding is now very good.
If you buy at the right price and sell at the right price, then yes, you can make a decent profit. But some people wait too long before securing profits as they mostly think the price will go up more than it already did. For example the $790 peak not that long ago. If you didn't secure some profits at that price level, then I really don't know what people are waiting for. The market was due for a heavy correction. People that did secure profits have been quite happy as they could buy back far below the $600 level.
~snipped
That depends on so many things though.. I usually sell when price is double the amount i got it at.. or if i win it in gambling, if its over $600 then its going to bank. At least then I know I've actually made some profits on it.. Holding on to it is a gamble in itself. One that could pay off in the long run, or not
I agree that holding onto Bitcoin for a long time is a gamble itself. As we know, no one can predict the future. What is high in price today might plummet in price tomorrow. That is how Bitcoin price behave. It's high volatility make bitcoin price more speculative. and the best thing is to sell Bitcoin if you see profit little by little and save you profit or reroll it to buy Bitcoin when Bitcoin price goes down.
Jump to: