It's been almost a year since the op, and btc was between $200 and $300, and now it's between $400 and $500. So in the past year, holding bitcoin for a long time meant you basically doubled your money!!
It's anybody's guess as to what will happen up to and after the halving. I've read everything from pump and dump to it going up to record levels. But I think in general, holding onto bitcoin has been a good investment.
If/when bitcoin fails, it still may be worth value.
And if it tanks, I think it will take at least a week. If you're fast enough, you'll sell them off and make a profit as well.
Topic: Is Holding Bitcoin a long time good way to make money? - page 144. (Read 368873 times)
I think, that if you wait to long Bitcoin is gonna drop. I personally invested in Rimbit, Bitcoin already hit its peak, and according to the law of economics. Bitcoin is gonna hit its recession real soon. Invest in Rimbit instead !
Not good way to make money if you only hold your bitcoin.
Trade bitcoin or altcoins to double your bitcoin and sell your profit to USD. I think that its good way to make money.
Trade bitcoin or altcoins to double your bitcoin and sell your profit to USD. I think that its good way to make money.
If you like action and don't want your coins to sleep in your wallets then it's indeed better to do some trading to put your coins to action. However, a lot people are only interested in holding their coins as they basically don't risk anything when they have them stored offline. Trading brings risks where some people simply don't want to deal with.
Not good way to make money if you only hold your bitcoin.
Trade bitcoin or altcoins to double your bitcoin and sell your profit to USD. I think that its good way to make money.
This is sound advice which I am doing right now. Even to get into the forex trade with the gains would be profitable right now.Trade bitcoin or altcoins to double your bitcoin and sell your profit to USD. I think that its good way to make money.
Forex can be profitable if you know what you are doing, of course its a lot like sportsbook, as you check the trends of the pairs EUR/USD GBP/USD etc also fundamental news, just like I do in sportsbook before posting up a premium tip, still very difficult to come out on top in forex in my view. Easier in sportsbook if you keep reading news and are a step forward then the bookies.
Final word is trading is like gambling so very very few persons come out on top as winners, glad that I am one in the sportsbook area
Not good way to make money if you only hold your bitcoin.
Trade bitcoin or altcoins to double your bitcoin and sell your profit to USD. I think that its good way to make money.
This is sound advice which I am doing right now. Even to get into the forex trade with the gains would be profitable right now. Trade bitcoin or altcoins to double your bitcoin and sell your profit to USD. I think that its good way to make money.
Not good way to make money if you only hold your bitcoin.
Trade bitcoin or altcoins to double your bitcoin and sell your profit to USD. I think that its good way to make money.
Trade bitcoin or altcoins to double your bitcoin and sell your profit to USD. I think that its good way to make money.
If you bought the bitcoin in November 2013 or a little later, you will lose money. Otherwise you will make money.
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.
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.
I think holding only is not good. We have to use it so that it is useful. Then the value will be recognised.
people are not using it lately because they are waiting for the value to skyrocket first, or to simple increase
witha better value you can buy more thing, so why using it now? but on the other hands one should not wait forever before using it, assuming the value will keep increase
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.
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.
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.
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.
I think holding only is not good. We have to use it so that it is useful. Then the value will be recognised.
Holding only right now is good because the price will rise and rise and than we can sell them for a higher price and make profit.
With the halving this is possible but it will take some time of course and you also should need patient.
I think holding only is not good. We have to use it so that it is useful. Then the value will be recognised.
It can be a good way to earn money, the future is good of the bitcoin plus the halving will also come so that is also a good sign.
I think in about 4 years there will come another halving so a long term investment would be good in my opinion.
I think in about 4 years there will come another halving so a long term investment would be good in my opinion.
Hodling bitcoin is way safer than trading with it.At least in the long run an increase of Bitcoin's value is very likely although not guaranteed.And of course it's still very risky to invest in Bitcoin.
In the long run sure bitcoin price would rise. So without doubt bitcoin helps in earning a good profit if hold for a long time. At the same as there is no assurance periodic cash out or spending also must.
So you need some patience and wait a longer time until the price is rising.
As quoted its not the right time to sell, as drop in price has taken place. This could go high on the falling days, so right now holding with patience gives a small difference in profit.
It can be a good way to earn money, the future is good of the bitcoin plus the halving will also come so that is also a good sign.
I think in about 4 years there will come another halving so a long term investment would be good in my opinion.
I think in about 4 years there will come another halving so a long term investment would be good in my opinion.
Hodling bitcoin is way safer than trading with it.At least in the long run an increase of Bitcoin's value is very likely although not guaranteed.And of course it's still very risky to invest in Bitcoin.
In the long run sure bitcoin price would rise. So without doubt bitcoin helps in earning a good profit if hold for a long time. At the same as there is no assurance periodic cash out or spending also must.
So you need some patience and wait a longer time until the price is rising.
OP tell to us that he have bitcoin during the prices $220-$300 and if he really still have it and still hold the bitcoins till now i think he already got very much profit from that and i hope he really did it because since several days ago bitcoin prices has rise up and now pretty close to $450
If he stills holds it until now Im pretty sad for him. There are large fluctuations happens by the time he purchase the coins so he really missed lots of supposed profits when the price increase and dipped.
And that would be nice but if you want to earn some money you have to also take some risks otherwise it would be not possible for you.
Long term investing is good, but its also what do you guys consider as a long term, if I'm thinking about a long term I'm thinking about 10 years or something.
If you can hold it this long (10 years) you will make profit for sure without any doubts.
10 years is too long. as long as it surely will be many temptations to sell our investment. I think that in an investment period is 3 years. Why ? 3 years is a very good time to predict the price and determine the amount of inflation experienced in life. If you can hold it this long (10 years) you will make profit for sure without any doubts.
Long term investing is good, but its also what do you guys consider as a long term, if I'm thinking about a long term I'm thinking about 10 years or something.
If you can hold it this long (10 years) you will make profit for sure without any doubts.
If you can hold it this long (10 years) you will make profit for sure without any doubts.
Yes long term investing in the bitcoin is good because it has a good future on a long term, so it would be good.
I must say that you can short term invest the bitcoin but also long term invest the bitcoin because its both pretty profitable in my eyes.
I must say that you can short term invest the bitcoin but also long term invest the bitcoin because its both pretty profitable in my eyes.
holding too long did not even going to make us a profit. the best way to add money we are continue trading. buying low and selling high. That principle actual trading.
Bitcoin rewards early adopters with cheap coins. I consider you an early adopter when the price per microBTC is < 1 USD. I'm an idiot for selling my coins, you should almost never sell your coins. Also it's not really a stock, i don't treat other currencies as stock, and i have never in my life experienced such a gain as i've had with bitcoin
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