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Topic: Is Holding Bitcoin a long time good way to make money? - page 18. (Read 368852 times)

hero member
Activity: 910
Merit: 502
Bitcoin price going up and down but I think this is the moment where holding bitcoin effort makes you profit.
In fact, anyone thinking or debating whether to hold for a long time or not should not really be pushed too hard. They should just pick up a pen and do a calculation of how much they could have earned if they had gotten earlier last year and what they would have been worth now and compare it to other ways they might be considering including some few things not going right, and then they will be able to decide whether they should or not.
legendary
Activity: 1512
Merit: 1041
Risky stuff, Satoshi Nakamato has a big part of all the bitcoins. He can dump it any time.
I thought about it, too. We do not know the main owners. What can happen.
I agree with you but you should understand that this is bigger than even satoshi alone now. If he is ready to dump there are so many people ready to gulp it as they believe in the future of the cryptocurrency.

However, I do not see this happening anyway cause how would someone want to destroy what has been built when the chances of it getting bigger is still possible. Like you have said, even if satoshi dumps, worst that would happen is having the coin fall for a while and then we have it back up again. Good time to buy at dips isn't it?
newbie
Activity: 28
Merit: 0
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?

yeah thats absolutely because day by day bit coin price going to up. i love bit coins buying. most of the people trying to buy buy few people are not holding long time so you buy and hold it. i know about bit coin so in the next years its price get in to high price. more investments are their but in that bit coin investment is really good. once you invested in to bit coin truthfully you have to gain more profit so just invest in bit coin and keep hold it few years.i think it is easy way to become rich. in other investments we have to invest and take caring of that investment but in this we easily get rich and no tensions and pressure. so just invest in to this bit coin. and get more profit.
full member
Activity: 406
Merit: 100
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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?

In holding bitcoin in long time period is not  a credential that can earn good profit,its also  need of your strategy to when you dispose or trade  your bitcoin in accurate time.the bitcoin statistic scenario in the market is always flactuating its value we cannot predict  the correct amount when the is the time to trade, maybe this day pump & and the other day its dump,so in order to avoid this ,we must  vigilant and always  meddle on what happen in the crypto world,if we want a good return of investment.
hero member
Activity: 672
Merit: 500
lol I love to watch there old posts from 2015 (Personally I registered here in 2012) - and the answer is obvious now lol
You are lucky if you got into bitcoin business back then because at that time, the prices of bitcoin were very low. This digital currency was in early stages of development whereas at present, bitcoin is the leader of all digital currencies and has successfully beaten gold in being the most expensive and profitable investment. I wish I knew about bitcoin five years ago, anyways many people still don’t know about it.
full member
Activity: 216
Merit: 100
Early Bitcoin investor.
lol I love to watch there old posts from 2015 (Personally I registered here in 2012) - and the answer is obvious now lol
hero member
Activity: 812
Merit: 500
once you invest you must take a time for fruitful profit,Bitcoins prices are variable once go down try to buy more and hold it, when  feel you are earning more than cost you  sell it.if you are holding patiently you will earn fruitful profit.Main purpose of investing your time is to make money so focus on profit and at good time convert your bitcoin in profitable money.
full member
Activity: 364
Merit: 100
In my opinion yes bitcoin keeping for a long time is profitable and it makes the people rich who want to trade these currencies and they want to invest in this currency for now the successful currency and high market value of this currency both are good features of this currency. if you keep it for one year it will return you good amount instead if you deposit the amount in a bank.
full member
Activity: 210
Merit: 100
Yes of course, since the beginning of the year until now the trend of bitcoin prices tends to go upward.
staff
Activity: 3038
Merit: 568
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Many traders are predicting the prices of bitcoin to become at least 100K usd per bitcoin, I am not sure if it is possible for this prediction to happen in the future, but looking at how bitcoin values kept on rising constantly over the years, I would say holding bitcoin seems to be a good long term investment.
hero member
Activity: 2268
Merit: 579
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Risky stuff, Satoshi Nakamato has a big part of all the bitcoins. He can dump it any time.
I thought about it, too. We do not know the main owners. What can happen.
Only good things will happen mate. Do you know or remember the reason why Satoshi created bitcoin in the first? He created it to be decentralized, to save people from the inflation and to gave financial freedom. So why would he destroy what he has done? It make no sense.

I advice to hold many bitcoin as possible and be gald in more years to come.
Smiley
full member
Activity: 616
Merit: 100
https://exip.live/
In my opinion yes, because by holding Bitcoin can be more profitable than day trading and the risk also lower than day trading. If you dont have time to trade and dont have knowledge about day trading for the better just holding Bitcoin. More profitable and less risk.
full member
Activity: 392
Merit: 100
Holding a bitcoin for a long time might benefit you in the long run considering the continued appreciation of its price. Many people who invested in bitcoins for the past several years has been benefited for holding it for a long time. If you have no time for trading or fearing some risks in an online business, holding a bitcoin a good option if not the best.

holding bitcoin for a long time may be profitable but you will get it for a long time too, you better use for trading, sell at high price and buy again when the price goes down but if you do not have good strategy and skill you will get loss, so if you also do not have time to trade it is better to hold it for a long time
sr. member
Activity: 594
Merit: 250
Yes it will give us or you a good profit in the future however it will not go in an instant. You will wait for months or years if bitcoin price will up. Just like what happen today or this year the price of the bitcoin reach another milestone. If you have bought bitcoin in the past year. For example if you bought in the year 2012 and you just hold it till now. Your patience in waiting for the price to go high will be paid off.
full member
Activity: 364
Merit: 100
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 believe it is since a lot have already profited big time due to Bitcoin holding. And more people now a days are into it because they have fully understood its potentials.
member
Activity: 316
Merit: 10
yes i think that , and we see it happen in last 7 years .
This is the easiest way of making money these days i.e. just hold bitcoin in your wallets and forget them for months. Bitcoin is at present at the peak of its market career or you can say is growing exponentially in current scenario. This is the right time of buying bitcoiners and saving it for future purposes because I believe that bitcoin will keep increasing in prices until they’re not all mined out.
hero member
Activity: 1414
Merit: 501
Vave.com - Crypto Casino
Holding a bitcoin for a long time might benefit you in the long run considering the continued appreciation of its price. Many people who invested in bitcoins for the past several years has been benefited for holding it for a long time. If you have no time for trading or fearing some risks in an online business, holding a bitcoin a good option if not the best.
Yeah, I agree with you that if we do not have time to trade or are afraid of risk in trading, holding bitcoin in the long run will be a good choice for us, even it is the safest option but we will miss many opportunities to earn more bitcoin and we are wasting a lot of time for holding. So I think we should have a strategy with trading bitcoin, it will not need too much time, we just need to sell bitcoin at the highest possible price then wait and buy at the lowest price possible, this is a strategy that many people are using, it is not too difficult and profit is much better than holding the bitcoin and waiting for long time
sr. member
Activity: 770
Merit: 254

if you want to buy or invest in bitcoin wait for the right time to buy because now bitcoin is on the rise so I suggest do not buy now buy when the price back to the beginning or when there is a dump
What if price doesn't come back and bitcoin keep raising its value?
Price went over 6000$, then it was under 5500$ and as i see it is above 5900$.
If someone wan't to invest in bitcoin now is good time in my opinion.
member
Activity: 504
Merit: 11

if you want to buy or invest in bitcoin wait for the right time to buy because now bitcoin is on the rise so I suggest do not buy now buy when the price back to the beginning or when there is a dump
jr. member
Activity: 56
Merit: 10
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 do not appreciate holding a bitcoin for long periods of time. If you hole you should cut the hole at a reasonable level. and continue to wait price bitcoin drop sharply. After feeling the price is bottom, you just buy bitcoin
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