Is Holding Bitcoin a long time good way to make money? - page 139.

Altynbekova

sr. member

Activity: 476

Merit: 250

Quote from: Cyaren on June 08, 2016, 06:21:44 AM

Quote from: Newcoins2020 on June 05, 2016, 05:34:04 PM

Quote from: bit1 on June 05, 2016, 01:25:57 PM

Which would be long term? If someone sold when it was $1000 and purchase even nowadays He earned more profit, Rather you must pay attention to how the market behaves.

Anything over 1 year is very long when it comes to crypto. Even if the people start dumping after the halving, I still believe the price would recope within 1 year.
So if you have 1 year, then hold.

Well, yeah. 1 year is especially long considering that we go from $500 to $600 in half a day or so. But I believe that the real long term should be the next decade, and we should have an adoption wave coming soon.

That's why I'm holding. And OP, you should too. It'll be profitable.

Indeed if you are talking about a real long term you are talking about around the 8 years from now, I think it will be profitable but this cannot be predicted honestly.

Cyaren

sr. member

Activity: 294

Merit: 250

Quote from: Newcoins2020 on June 05, 2016, 05:34:04 PM

Quote from: bit1 on June 05, 2016, 01:25:57 PM

Which would be long term? If someone sold when it was $1000 and purchase even nowadays He earned more profit, Rather you must pay attention to how the market behaves.

Anything over 1 year is very long when it comes to crypto. Even if the people start dumping after the halving, I still believe the price would recope within 1 year.
So if you have 1 year, then hold.

Well, yeah. 1 year is especially long considering that we go from $500 to $600 in half a day or so. But I believe that the real long term should be the next decade, and we should have an adoption wave coming soon.

That's why I'm holding. And OP, you should too. It'll be profitable.

ravens

member

Activity: 98

Merit: 10

Quote from: Sandroxa on June 07, 2016, 11:11:10 AM

Holding is just the safest way to save your money but if you want to earn money with it you have to sell it on the right moment and that is all.
The only thing is that you dont know the right moment to sell it and that is the most risky thing and that can be bad if you are doing wrong.

Yea, you have to know when to buy/sell cryptocurrencies. The thing is, no one knows what will happen in the future.

Bitcoinbee

member

Activity: 84

Merit: 10

www.lunarbets.eu Bitcoin*Sports*Betting

Quote from: MaritiJames3 on June 07, 2016, 07:01:12 PM

Quote from: Nimbulan on June 07, 2016, 05:08:04 PM

Quote from: viking02 on June 30, 2015, 01:24:11 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?

well it is even better to buy bitcoins now and hold them when they are cheap, as you can buy them now for very small price and sell them later for more, so it's good

and even if price would be large i think it would still be very good way to earn money as if you will sell at correct time you will get lots of money, this is great way to earn

Its good but I consider the price right now as pretty high due to this fact I think holding the bitcoin is way better right now but buying is also recommend although its pretty high now compared with the last months.

One way or the other what ever suits your capability in applying ways in utilizing your bitcoin as long as you fully understand the whole terms within the selected way to do it you can definitely proceed with it.

MaritiJames3

sr. member

Activity: 448

Merit: 250

Quote from: Nimbulan on June 07, 2016, 05:08:04 PM

Quote from: viking02 on June 30, 2015, 01:24:11 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?

well it is even better to buy bitcoins now and hold them when they are cheap, as you can buy them now for very small price and sell them later for more, so it's good

and even if price would be large i think it would still be very good way to earn money as if you will sell at correct time you will get lots of money, this is great way to earn

Its good but I consider the price right now as pretty high due to this fact I think holding the bitcoin is way better right now but buying is also recommend although its pretty high now compared with the last months.

Nimbulan

hero member

Activity: 658

Merit: 500

Quote from: viking02 on June 30, 2015, 01:24:11 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?

well it is even better to buy bitcoins now and hold them when they are cheap, as you can buy them now for very small price and sell them later for more, so it's good

and even if price would be large i think it would still be very good way to earn money as if you will sell at correct time you will get lots of money, this is great way to earn

Viyamore

hero member

Activity: 658

Merit: 500

Yeah.that's the very best way to gain profit with a low risk .the only risk for that matter is the storage of bitcoins .but other matters are good .waiting about 3-4 years before selling bitcoins is a good way to earn big profit.

mrhelpful

legendary

Activity: 1456

Merit: 1002

This thread alone proves the date stamps the reinforces this logic.

2015 date thread was about $260 - now its 2016 its $580 lol.

So yes, anyone holding long term that can hold it will benefit.

Sandroxa

sr. member

Activity: 350

Merit: 250

Holding is just the safest way to save your money but if you want to earn money with it you have to sell it on the right moment and that is all.
The only thing is that you dont know the right moment to sell it and that is the most risky thing and that can be bad if you are doing wrong.

Bitcoinbee

member

Activity: 84

Merit: 10

www.lunarbets.eu Bitcoin*Sports*Betting

Keeping your btc and investing thru trading your btc at the same span of time will have a big difference in terms of profits. (Just think of your money being deposited within a time limit in the bank it will surely have an interest. And the bank will invest your money in which it will gain much profits thus giving you only the interest of your timed amount under the terms of the bank.) So if you are serious in making more money use your resources to make it grow because the system's movement for btc's value to increase is not as fast as the trading cycle to make more profits.

sempak

hero member

Activity: 1638

Merit: 505

I think that it is yes. bitcoin storing large quantities mean buying bitcoin at current prices. many predict that the price will be very high bitcoin next few years. by looking at it then I predict that store bitcoin is a profitable thing for a trader.

HilbillyFred

sr. member

Activity: 298

Merit: 250

Holding your Bitcoin is just a nice way to save your money if you want to make money you have to sell it on the right moment and it is hard to make the right choice.
And patience is also important because it will be bad if you are selling it too early when you cant get profit of it.

Bitcoinbee

member

Activity: 84

Merit: 10

www.lunarbets.eu Bitcoin*Sports*Betting

Quote from: erikalui on June 05, 2016, 05:08:28 PM

Quote from: harizen on June 05, 2016, 02:27:35 PM

Quote from: Herbert2020 on June 05, 2016, 03:06:19 AM

Quote from: harizen on June 04, 2016, 02:05:08 PM

Quote from: sishendaoye on June 04, 2016, 01:00:41 AM

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

it is an ok thing to do if you have some money to spare. for example if you have $1000 laying around in your bank account it is so much better to buy bitcoin with it instead and just hold it. bank gives you a very small amount in profit while you can double your money in a long term.

Im pointing for the "too much holding". With just a small quantity of coins to be use for holding purposes you can't feel much the profit and the time and patience you applied is not worth it, at least in my view.

If I have a spare money of $1000, I will use it for an active circulation rather to hold it for really a long term.

Holding can't increase the quantity of people coins but rather just it's value.

If will be used actively by taking advantage of every price rally, you can increase the quantity of it together with it's value.

I already made decent earnings in my more than 1 year of btc exchange trading journey.

Bottom line : All my moves depends on the price movement and price rally that will happen while on my journey of taking profits.

People here try to lend their coins and earn interest rates. There is no way to earn an interest by holding your coins unlike shares which pay you dividends per year and hence I prefer exchanging/trading them instead of just holding. If in future we do have a legit way of earning interest (not any ponzi/hyip website), it will be useful for us.

I can toast for that. If you want to make money utilize it now so it can start its way to earn. Investing is making what you have for a start to gain more along the way. And holding it for a long period of time is not along the way but a long long way to make money.

Newcoins2020

sr. member

Activity: 406

Merit: 250

Quote from: bit1 on June 05, 2016, 01:25:57 PM

Which would be long term? If someone sold when it was $1000 and purchase even nowadays He earned more profit, Rather you must pay attention to how the market behaves.

Anything over 1 year is very long when it comes to crypto. Even if the people start dumping after the halving, I still believe the price would recope within 1 year.
So if you have 1 year, then hold.

erikalui

legendary

Activity: 2632

Merit: 1094

Quote from: harizen on June 05, 2016, 02:27:35 PM

Quote from: Herbert2020 on June 05, 2016, 03:06:19 AM

Quote from: harizen on June 04, 2016, 02:05:08 PM

Quote from: sishendaoye on June 04, 2016, 01:00:41 AM

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

it is an ok thing to do if you have some money to spare. for example if you have $1000 laying around in your bank account it is so much better to buy bitcoin with it instead and just hold it. bank gives you a very small amount in profit while you can double your money in a long term.

Im pointing for the "too much holding". With just a small quantity of coins to be use for holding purposes you can't feel much the profit and the time and patience you applied is not worth it, at least in my view.

If I have a spare money of $1000, I will use it for an active circulation rather to hold it for really a long term.

Holding can't increase the quantity of people coins but rather just it's value.

If will be used actively by taking advantage of every price rally, you can increase the quantity of it together with it's value.

I already made decent earnings in my more than 1 year of btc exchange trading journey.

Bottom line : All my moves depends on the price movement and price rally that will happen while on my journey of taking profits.

People here try to lend their coins and earn interest rates. There is no way to earn an interest by holding your coins unlike shares which pay you dividends per year and hence I prefer exchanging/trading them instead of just holding. If in future we do have a legit way of earning interest (not any ponzi/hyip website), it will be useful for us.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Herbert2020 on June 05, 2016, 03:06:19 AM

Quote from: harizen on June 04, 2016, 02:05:08 PM

Quote from: sishendaoye on June 04, 2016, 01:00:41 AM

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

it is an ok thing to do if you have some money to spare. for example if you have $1000 laying around in your bank account it is so much better to buy bitcoin with it instead and just hold it. bank gives you a very small amount in profit while you can double your money in a long term.

Im pointing for the "too much holding". With just a small quantity of coins to be use for holding purposes you can't feel much the profit and the time and patience you applied is not worth it, at least in my view.

If I have a spare money of $1000, I will use it for an active circulation rather to hold it for really a long term.

Holding can't increase the quantity of people coins but rather just it's value.

If will be used actively by taking advantage of every price rally, you can increase the quantity of it together with it's value.

I already made decent earnings in my more than 1 year of btc exchange trading journey.

Bottom line : All my moves depends on the price movement and price rally that will happen while on my journey of taking profits.

bit1

legendary

Activity: 938

Merit: 1000

Which would be long term? If someone sold when it was $1000 and purchase even nowadays He earned more profit, Rather you must pay attention to how the market behaves.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: harizen on June 04, 2016, 02:05:08 PM

Quote from: sishendaoye on June 04, 2016, 01:00:41 AM

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

it is an ok thing to do if you have some money to spare. for example if you have $1000 laying around in your bank account it is so much better to buy bitcoin with it instead and just hold it. bank gives you a very small amount in profit while you can double your money in a long term.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: sishendaoye on June 04, 2016, 01:00:41 AM

In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good.
We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.

Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it.

That's why I don't see holding too much is profitable if you don't have big bucks to hold.

Superbitzz

full member

Activity: 196

Merit: 100

i think yes.in present time the rate of bitcoin is increasing so highly. so we can say that holding bitcoin for a long time will be too good. because it is expected that the rate of bitcoin will icrease from 2000 USD

Topic: Is Holding Bitcoin a long time good way to make money? - page 139. (Read 368873 times)