Topic: Is Holding Bitcoin a long time good way to make money? - page 135. (Read 368902 times)
Yeah its a good way to hold it for a long time but better to watch the price because price of bitcoin is unpredictable it can reduce or increase depends in demand and supply.. so think better and look for the best time to sell your bitcoin to make more profit..
Holding will likely make you the most money in the long term but obviously nothing in the short term. I believe in 2-5 years bitcoin will be worth multiples of what it is now so I think it'd be wise to save, but in the meantime you could try trading for profit. Risky to do this though.
yes if we choose to make a profit in a short time then the holding bitcoin is not a good decision. save bitcoin is fortunate for those of you who have a lot of money and you are not interested in getting money in the short term. 
I would not suggest you holding for long term as you do not make any say in government formulation of policy. What if you country decided to ban it or say a major incident broke out for bitocin and people panic and start selling . Or what if china dumps bitcoin than you will land in a soup. instead better sell it at a small profit regularly.
I bought and I am holding. There is much speculation which way it will go. But I see 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.
I would not suggest you holding for long term as you do not make any say in government formulation of policy. What if you country decided to ban it or say a major incident broke out for bitocin and people panic and start selling . Or what if china dumps bitcoin than you will land in a soup. instead better sell it at a small profit regularly.
Yes I think holding the bitcoin for a certain time is good for the worth of your bitcoins due to the fact the bitcoin is getting bigger and bigger these days.
Its just that it need some time to gain a lot of money, if you are believing in it and stay patient you will make a lot of profit.
Its just that it need some time to gain a lot of money, if you are believing in it and stay patient you will make a lot of profit.
On the longer term it is certainly a good way to 'earn' money. If you look at the day charts or your focus is 1 month. Then you should find another investment.
Thing is sometimes you need to wait long to get ROI.
Just look at the people who bought in 2013 at 1200 USD, they are still holding...
not in very long time watch it price
Yes I think holding the bitcoin for a certain time is good for the worth of your bitcoins due to the fact the bitcoin is getting bigger and bigger these days.
Its just that it need some time to gain a lot of money, if you are believing in it and stay patient you will make a lot of profit.
Its just that it need some time to gain a lot of money, if you are believing in it and stay patient you will make a lot of profit.
off course holding bitcoins is a good thing but not holding every coin becasue that is not good for the price increase for us all if everyone holding the price will only drop.
You are right about that holding up some bitcoins is always good to be honest and right now its very good with this price at the moment.
Nothing can go wrong anymore in my eyes..
But it will be hard to know the right moment to sell it because the value is always changing.
indeed, it is because once the price value increase of were gonna trade and then we keep holding it 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?
Well holding your bitcoins a long time is still risky because the price could go down or be neutral you can hold these bitcoins for about 6-7 months if you like to do that, holding them longer will be more risky
It's really hard to guess if bitcoin prices will go up or down so it's still risky but not that risky like gambling, so do what you want to do, if you like risk go on go holding and a little bit gambling
off course holding bitcoins is a good thing but not holding every coin becasue that is not good for the price increase for us all if everyone holding the price will only drop.
The intention of the majority is to hold it till it is high enough in their sense that they could earn a decent amount of money. For the title says I can't guarantee because you can sell when it's high and buy when it goes to a shockingly low price. 
better is to invest in trade or buy some new altcoin that still have a low price. instead you just save your money and will not get anything. The only advice, hopefully help you to make a decision.
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 dont think that can be good for the price of the bitcoin as you know coins need to be spend for a price increase. So holding all of them is not the option. 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?
off course holding bitcoins is a good thing but not holding every coin becasue that is not good for the price increase for us all if everyone holding the price will only drop.
You are right about that holding up some bitcoins is always good to be honest and right now its very good with this price at the moment.
Nothing can go wrong anymore in my eyes..
off course holding bitcoins is a good thing but not holding every coin becasue that is not good for the price increase for us all if everyone holding the price will only drop.
Holding them bitcoin for a long term can be very good the only downside is that the bitcoin cannot be predicted so sometimes its difficult to see if you need to hold it on a certain time or just sell it.
Holding is just saving money but to earn some money you have to sell it and that is also the most risky thing but you dont even know what will happen later in the future.
But you can already see now that the halving is becoming more worth and the price of Bitcoin started already to rise so that is perfect.
No it is not the way to sell our coins to earn profit, but we should have to hod our coins for longer time as much we can, and with that when the price of bitcoin will increase our invested money will also increase. But you can already see now that the halving is becoming more worth and the price of Bitcoin started already to rise so that is perfect.
For me, there's no way to tell for sure. It may skyrocket, or it may fall.
Only time can tell.
Only time can tell.
I think holding for a long time it could be a good way to make money.
but you have to hold large amounts, because you will hold for a long time, so when the time to sell you are not in vain to sell in large quantities. also price of bitcoin unexpected annually, and most importantly, have patience.
but you have to hold large amounts, because you will hold for a long time, so when the time to sell you are not in vain to sell in large quantities. also price of bitcoin unexpected annually, and most importantly, have patience.
Yes for those person who wants to do holding for a long term purposes, they should always add the quantity of their coins to also increase it's value.
Also you can feel the profits of holding when the price surges if you really has a decent amount of coins on the possession.
But just remember that price didn't always went to the way you want so keep on monitoring the prices rather than just save it and make don't mind with it for a long period of time.
I think so. But it depends really on what you value as money. For me, bitcoin and other assets which are decentralized and stable is money. I merely hold BTC for the store of value, without expecting it to bring in a profit.
But yes, if you're looking for fiat profits then definitely.
But yes, if you're looking for fiat profits then definitely.
Jump to: