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Topic: Is Holding Bitcoin a long time good way to make money? - page 143. (Read 368902 times)

hero member
Activity: 714
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If you are the type who would rather invest and forget what you have, the best way is to go long. If you don't have the patience to stick with a long term plan, be sure to monitor prices as they tend to swing pretty quick on a daily basis. Either way, set targets in buying and selling.
sr. member
Activity: 364
Merit: 250
Holding Bitcoin is the best way to safe your money and that is because there are also a lot of people that gets greedy and they are going to sell it too early so that is bad.
But they have to know that now not the right time is to sell it otherwise you are going to lose some money because the value is not even that high.

This is the moment where holding bitcoin effort makes you profit. Just like holding gold, bitcoin become a great investment nowdays and this will make bitcoin become popular
Holding will be only the best thing if you want to save some money and that would be nice but you never also know what is going to happen with the value.
It is safe if you are holding but without risks it will be also not possible to make any profit.
legendary
Activity: 3234
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Holding till the days of halving will give a good profit. So in my opinion holding at present is really a better decision. After halving you can predict the price and make the moves.
legendary
Activity: 3472
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Trading them will make you more than holding.
Holding was a great strategies when BTC was cheap, now if you hold a few BTC you won't be making much. And then again BTC is much safer now and a good way to keep your money for a rainy day.

bitcoin is still in the cheap area, mostly because it has not yet entered a bubble. so far the rise was slow and steady over a very long time. so there is still time to buy and hodl.

although i agree that doing something like and investment or trading with bitcoin is so much better that just keeping them idle in a wallet.
sr. member
Activity: 420
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Yes for the most people its good and the halving will also let you make some good money this year so holding could be good.
Of course you do not need to hold it to long in my opinion because the price is gonna rise for sure but not for a long time.
legendary
Activity: 1050
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If you have believe on it for sure it is. Theoretically the price of bitcoin will go high for sure. The limited amount which will be in circulation and the spread of it every day more (remembering here and including the increase of the population in all the world which will make that this spread continue more and more) for sure will increase the demand for it. And the increase of demand will rise the price. But this is only theory. Right, but theory. Only the true believers believe on it. And are they which hold the bitcoins and think that holding the bitcoins is a good way to make money.
member
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Trading them will make you more than holding.
Holding was a great strategies when BTC was cheap, now if you hold a few BTC you won't be making much. And then again BTC is much safer now and a good way to keep your money for a rainy day.
sr. member
Activity: 364
Merit: 250
Holding will be only the best way to safe some money otherwise it will be not possible of course to make some any profit and you have to save also some money.
But if you want to earn some money than you have to make some investments because than if the value is going to rise it will be possible for you.

The only thing that you must know that there are risks if you are going to make an investment.
hero member
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For the user who has a huge volume of bitcoin into the wallet long time holding is really a profitable one, but for the users who hold one or two bitcoin won't give a good profit.
sr. member
Activity: 462
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this methode is all about how much you will hold if you are holding only 1 btc you will make a little profit if you like to make a great profit with only saving bitcoin you need to have at least 10 btc and even that is little if you want to make 5000$ profit you will need to save so much!!
hero member
Activity: 658
Merit: 500
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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 can't say that it is best way to earn bitcoins, but it's not a bad one, reason why it's not the best is because it is a slow way to earn, you will get decent profit only about 2 years or more

but it's not bad either as it is pretty safe way to earn, and you don't have to know a lot about it like in trading, so it is good way too, but not the best for sure
hero member
Activity: 1638
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it is not the best way. You can get more profit when it can trade as often as possible. too long to save bitcoin will not be profitable. fortunately only slightly. while when you do trading transactions with amounts more often then the advantage that you can be guaranteed more.
sr. member
Activity: 434
Merit: 250
Holding Bitcoin is the best way to safe your money and that is because there are also a lot of people that gets greedy and they are going to sell it too early so that is bad.
But they have to know that now not the right time is to sell it otherwise you are going to lose some money because the value is not even that high.

This is the moment where holding bitcoin effort makes you profit. Just like holding gold, bitcoin become a great investment nowdays and this will make bitcoin become popular
Holding is very good because of the price increase that is coming, there is such a good chance that the halving will let us make profit with holding.
I even think the halving will help you on a long run with its influence.
hero member
Activity: 644
Merit: 500
Holding Bitcoin is the best way to safe your money and that is because there are also a lot of people that gets greedy and they are going to sell it too early so that is bad.
But they have to know that now not the right time is to sell it otherwise you are going to lose some money because the value is not even that high.

This is the moment where holding bitcoin effort makes you profit. Just like holding gold, bitcoin become a great investment nowdays and this will make bitcoin become popular
sr. member
Activity: 326
Merit: 250
Holding Bitcoin is the best way to safe your money and that is because there are also a lot of people that gets greedy and they are going to sell it too early so that is bad.
But they have to know that now not the right time is to sell it otherwise you are going to lose some money because the value is not even that high.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
Holding bitcoin is the safest thing here in bitcoin. But you need to wait for a long time togain money. But for me il try to trade that money so that im holding and im earning money

Well, that's not possibly safe if  if you are talking about your bitcoins safety, if you put it in trading then there's a chance that the platform would close...So holding is still the best.. keeping it in your cold storage and just be always aware about the price movement so if you feel like the price is high, then you can sell and buy again if the price is low and remember to keep it back to your storage...
sr. member
Activity: 420
Merit: 250
Holding bitcoin is the safest thing here in bitcoin. But you need to wait for a long time togain money. But for me il try to trade that money so that im holding and im earning money
hero member
Activity: 616
Merit: 500
Yes its a good way to make nice profits although its also depending on how do this and how you work it out.
Plus it will also be dependable on the investment you make.
sr. member
Activity: 350
Merit: 250
Holding is only the best way to safe some money with Bitcoin and that would be nice for you because there are also now no reason to sell it and that can be bad.
Because everyone wants to make some profit with it and that is the only way to get some more money with it but that is not possible now.
sr. member
Activity: 406
Merit: 250
Consider holding can be good but I think right now its still insecure what the bitcoin will bring in the future.
I think we could better now short invest and maybe later at the end of this year make the decision to still sell our bitcoins or go long for it.

Right now holding is suggested and a good decision. Bitcoin price has fallen from the price near to $475. Now patience till May might give some good profit according to most users speculation.

what is so special in May? is it much more important than halving in July? as my point of view most users speculation focus on July, when the next halving will happen.
Because it is when spring is almost here and so are the hopes in a brighter future. So I can see why most people in their sane minds that is, would be optimistic for their views on bitcoins future growth in price.

oh so May is when spring comes to your area, but it's not for other parts of the world. the spring just moves from areas to areas when the time pass by.
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