Is Holding Bitcoin a long time good way to make money? - page 141.

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Quote from: Kolamider on May 26, 2016, 05:17:47 AM

Quote from: sishendaoye on May 21, 2016, 02:24:28 PM

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.

If the user number increases by 10 times, the price will grow by 100 times. That is called the network effect.

This network effect occurs upto certain limit. Above which the price becomes stable for the rest. Depending upon this network effect holding for a long time is not the better decision. Better is to hold till halving.

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Quote from: DuckKeeper on May 20, 2016, 09:06:07 AM

Quote from: avw1982 on May 18, 2016, 11:13:05 AM

Quote from: Altcoinsupporter on May 18, 2016, 08:48:39 AM

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.

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.

Holding your Bitcoin will be the safest thing that you can do and of course you are saving it now because the value of the Bitcoin is not even that high so that have to change.
And also there are many people that is now waiting for a higher value because they want to sell it with huge profit.

Holding your bitcoin for a period of time is well good enough for an investment. But still it depends on the quantity of btc you are holding with. If you want your btc to grow even much bigger than it has to be than upon holding it for a period of time. Then you invest it with caution. The more btc you can have in the future the bigger the profit it can give you.

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Quote from: sishendaoye on May 21, 2016, 02:24:28 PM

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.

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Quote from: sishendaoye on May 21, 2016, 02:24:28 PM

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.

If the user number increases by 10 times, the price will grow by 100 times. That is called the network effect.

sishendaoye

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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.

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Quote from: avw1982 on May 18, 2016, 11:13:05 AM

Quote from: Altcoinsupporter on May 18, 2016, 08:48:39 AM

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.

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.

Holding your Bitcoin will be the safest thing that you can do and of course you are saving it now because the value of the Bitcoin is not even that high so that have to change.
And also there are many people that is now waiting for a higher value because they want to sell it with huge profit.

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Quote from: praprata on May 19, 2016, 01:25:57 PM

I think its good to hold your bitcoins for a long time but of course this cannot be predicted, most of time it will be good.
The halving could maybe help us to make on a long term profit but it also depends on how you look at a long term and what you consider a long term.

But we can predict somewhat accurately from the past record of bitcoin performance. I do not have any doubt on higher prices of bitcoin in future. So definitely holding bitcoin for longer time (for some years also) will make more money for you.

praprata

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I think its good to hold your bitcoins for a long time but of course this cannot be predicted, most of time it will be good.
The halving could maybe help us to make on a long term profit but it also depends on how you look at a long term and what you consider a long term.

bitlancr

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I think it can be good with long time holdings although the fact is that holding the bitcoin can be done on all kind of methods.
Long term investing is good due to the events and the future the bitcoin has, its getting more popular everyday.

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Quote from: moviebuff777 on May 18, 2016, 11:54:04 AM

I think buying and holding will make a profit but we don't know how long it will take to make a gain. I would guess that it is better than putting money in a bank account but there's know way to tell how much better.

It can be very profitable but keep in mind the bitcoin is unpredictable and because of this no one can predict if it will be good on a long run.
I think it will but we never know it, you just have to find it out.

bittrojan

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beside of payment or currency,bitcoin also can used as investement,its why people love it,and yes of course if you hold bitcoin a long time you will get profit if bitcoin price going up through years,but if not,its not good at all.

moviebuff777

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I think buying and holding will make a profit but we don't know how long it will take to make a gain. I would guess that it is better than putting money in a bank account but there's know way to tell how much better.

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Quote from: Altcoinsupporter on May 18, 2016, 08:48:39 AM

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.

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.

RobinHoodster

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As you can see the coin is stable for the moment. That's because everyone is just holding their coins because
he is not rising that much. But that is the mistake everybody makes if we hold our coins that long
the price will only fall so spent your coins not all of them but a couple or invest you will see the price growing day by day.

Altcoinsupporter

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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.

target

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It may not turn out as what we use to expect after the halving due to the issues with bitcoin.
If its value will be doubled then we're safe if not, the altcoins win. so its not so bad to own a lot of them such as ETH and DASH. I say don't hold your btc, invest it.

CraigWrightBTC

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i think yes, because bitcoin will famous than today

Bitcoinbee

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Quote from: bitcoinhopper on May 18, 2016, 02:44:16 AM

Quote from: martinacar on May 11, 2016, 04:34:30 PM

Quote from: MaritiJames3 on May 11, 2016, 11:51:16 AM

Holding can be good but keep in mind to not hold it too long because if you do this you will lose profit for sure.
I think you can just now better hold till the halving has been done.

I even think you can hold as long as you want due to the fact that the bitcoin has a good future a head and I also think the long term is very good.
More popular are coming to the bitcoin everyday and the halving is also in our eye sight.

Holding is the best way to save your money and that is because you also already can see that the most people are holding because the value is not high enough to sell it so that is bad.
It would also be not that smart if you are selling it now because the halving is also coming towards to us.

holding btc for a long time can make money depending on how many btc's you are keeping. but the more btc's you can accumulate in trading is the more money you can make since you will be trading it later.

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Quote from: martinacar on May 11, 2016, 04:34:30 PM

Quote from: MaritiJames3 on May 11, 2016, 11:51:16 AM

Holding can be good but keep in mind to not hold it too long because if you do this you will lose profit for sure.
I think you can just now better hold till the halving has been done.

I even think you can hold as long as you want due to the fact that the bitcoin has a good future a head and I also think the long term is very good.
More popular are coming to the bitcoin everyday and the halving is also in our eye sight.

Holding is the best way to save your money and that is because you also already can see that the most people are holding because the value is not high enough to sell it so that is bad.
It would also be not that smart if you are selling it now because the halving is also coming towards to us.

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I think its interessting whats happening when the Bitcoin Block Reward Halving comes in 50 days. Lets take a look what happends then on the market

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