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.
Topic: Is Holding Bitcoin a long time good way to make money? - page 140. (Read 368902 times)
It can be profitable but honestly no one can guarantee this because the fact is that the bitcoin future is unpredictable these days.
Due to this fact I honestly do not know if it will be profitable.
Due to this fact I honestly do not know if it will be profitable.
You are exactly right about this, no one can predict the future so its always a gamble if it will be profitable on a long term.
Most likely it indeed will be profitable but we have to see this in the future.
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?
i think that it is very good way to earn money as you have no risk of losing your bitcoins as price usually rises so i am sure that it will rise in near future too so you will get lots of profit
though this is not fastest way to earn more bitcoins as this way is slow, if you want fast way you should try bitcoins and altcoins trading, you need more knowledge but it also gives fast profit
It can be profitable but honestly no one can guarantee this because the fact is that the bitcoin future is unpredictable these days.
Due to this fact I honestly do not know if it will be profitable.
Its profitable if you the price today is increased again and i think we will see the price of 600 value these coming days.. so its always better to hold bitcoin in long time because after block halving we will see more great value for bitcoin.. Due to this fact I honestly do not know if it will be profitable.
It can be profitable but honestly no one can guarantee this because the fact is that the bitcoin future is unpredictable these days.
Due to this fact I honestly do not know if it will be profitable.
Due to this fact I honestly do not know if it will be profitable.
Yes sure, but not like that too, you can sell bitcoin anytime, just make sure you do not feel loss when it sold at such prices. See the price movement, bitcoin rise steadily and did not rule out the future will be even brighter.
Holding it could make good money when selling it later for a higher value. It would only be good for that. But if you want to have more than the goodness of the profit of keeping it and selling it later. Just see what are the things or ways that are keeping people here almost awake all the time within the 24 hour time period. It is trading. It gives more than you can get from hoarding that is why they had always been awake monitoring the movement of their trades.
Yes holding your bitcoins for a long term can be really profitable if you do it on the right way and you are having the money for it.
I think if you do you can better do it now with the future that it has.
I think if you do you can better do it now with the future that it has.
no I don't think so. if we hold the bitcoin blindly for a long time it will carry no meaning. we must to look to the position and the experts openions. only then we have to decide either we should hold bitcoin or need to sell them.
Yes indeed,holding bitcoin for long time can make your money grow and can make you money and profits.It is good to buy bitcoin at low price and hold it for years untill it's price pump up t your deserve price.You must be positive on holding bitcoins and just put the amount you can afford you lost.Just be positive bitcoin is still developing from time to time.
I think holding the bitcoin for a long time is good although its depending on what you of course consider as a long time.
Most of the times a long time can be good its just a matter of time these days to make profit with the bitcoin.
Most of the times a long time can be good its just a matter of time these days to make profit with the bitcoin.
Even I am holding my Bitcoins without selling. I bought it when it value drop and I am going to be selling out when the value increases. This is an usual situations every bitcoiners here are doing the same. Even it has risk, I believe in long run profits from bitcoin.
I think holding the bitcoin for a long time is good although its depending on what you of course consider as a long time.
Most of the times a long time can be good its just a matter of time these days to make profit with the bitcoin.
Most of the times a long time can be good its just a matter of time these days to make profit with the bitcoin.
Yes its a good way to make money with the bitcoin, I really have no doubts about that and I also think that if you hold it with the halving you can even make a lot more profit.
You can't hold for very long and expect to make money from it unless their is a major increase in the price for a solid week without it going down at all. It almost did happen at the start of the month but it will not sustainable for very long due to it rising to fast. Slow and steady growth is the only way it can stay at a plateau that people will like and sell at that time thus making you money but still We can wait for halving as you said, putting you into profit by that.
It's different. The longer you hold your bitcoins the better the outcome, since the longer term has a brighter perspective. Especially if you count multiple block halvings. At one moment the price will have to go up for miners to make it profitable.
And then there is the potential of bitcoin which can thrive the price up.
Yes its a good way to make money with the bitcoin, I really have no doubts about that and I also think that if you hold it with the halving you can even make a lot more profit.
You can't hold for very long and expect to make money from it unless their is a major increase in the price for a solid week without it going down at all. It almost did happen at the start of the month but it will not sustainable for very long due to it rising to fast. Slow and steady growth is the only way it can stay at a plateau that people will like and sell at that time thus making you money but still We can wait for halving as you said, putting you into profit by that.
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?
It can be good but what do you think would happen to the price of the bitcoin if everybody is holding their coins right now. I dont think he will rise allot only fall if nobody is using coins he wont rise for sure believe me. 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?
Yes its a good way to make money with the bitcoin, I really have no doubts about that and I also think that if you hold it with the halving you can even make a lot more profit.
There is a possibility to make money by holding but keep in mind that the bitcoin is unpredictable so there can happen a lot in my eyes.
You can also lose a lot of money on a long term its really bases on the future of the bitcoin only.
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?
If you have that Bitcoin today sure holding it before and after the having is very much profitable just last two weeks we've seen how Bitcoin jumped from $450 to $560 and this is just the beginning we will see more of this jump after the halving..
Yes its a good way to make money with the bitcoin, I really have no doubts about that and I also think that if you hold it with the halving you can even make a lot more profit.
I dont think it is a good way to hold your coins on a long run. Because if you tell this to everyone and we are
all doing this till the end the bitcoin wont change anything of his value because everybody is just stocking their coins you know.
Coins need to be spent for a price increase.
all doing this till the end the bitcoin wont change anything of his value because everybody is just stocking their coins you know.
Coins need to be spent for a price increase.
Holding Bitcoin can be both a good way and a bad way of making money. If you are going to hold Bitcoins, you are expecting the Bitcoin price to rise over the money you bought at. This would prove to be a bad investment if you bought at the peak if it doesn't recover in the future.
And selling will be the most important so you have to know when the right moment will be to sell it and that is hard to know because it is almost impossible to predict so you need to take some risks also.
Yes holding the bitcoin for long terms is always good, the bitcoin is profitable on a long term because its constantly growing in users and also in the price.
Holding Bitcoin can be both a good way and a bad way of making money. If you are going to hold Bitcoins, you are expecting the Bitcoin price to rise over the money you bought at.
This would prove to be a bad investment if you bought at the peak if it doesn't recover in the future.
Indeed if you bought in on a high peak its a bad investment but if you bought it on a low peak you could make a lot of money.
If you are holding the future of the bitcoin is the most important thing for you.
Jump to: