Topic: Is Holding Bitcoin a long time good way to make money? - page 19. (Read 368902 times)
Investing on bitcoin for long term is always best option. Bitcoin is raising up and up more people are joining into community either trading with bitcoin or use it as an investment. May it is riskful in trading with short term. But in long term bitcoin is very good decision for investment.
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.
Bitcoin price going up and down but I think this is the moment where holding bitcoin effort makes you profit.
Sometimes, if you trade the bitcoin against a good altcoin, you might make more profit.
Bitcoin price going up and down but I think this is the moment where holding bitcoin effort makes you profit.
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.
yes i think that , and we see it happen in last 7 years .
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?
Yes, surely it is indeed gonna make alot more money, especially before when the price of the bitcoin was way too cheaper than today. Because if you buy a lot of bitcoins before when the value if it just worth cents ypu might have for at least 10 bitcoins and if you hold it up.to now, the value of 1 bitcoins worth around $6000 so if you have 10 bitcoins today it is worth $60k and that is a lot of money, you can built up a business on your own with that money. So for me it is the most greatest investment in this period of time because it will gonna make you rich even without doing anything.
Very proven, Yes. Holding bitcoin for longtime proves to be one of the best ways to grow money we have. Very much compared to interest given by bank.
Holding is no doubt a very good option for making a very good amount of money. If you have control over your nerves then this is the best thing which you should do. Holding of bitcoin gives you a guarantee of this thing that with each passing day, more amount of money will be added to your account. So you have to be very careful and you need to control yourselves especially at the hard times.I don't think there's any guarantee about that at all. Bitcoin is a speculative asset and the price is built solely on the price. Bitcoin is a utilitarian thing and it is wanted for its usage or purposes. These purposes are already offered by other cryptocurrencies that are significantly cheaper than bitcoin. This means that bitcoin is built now by nothing but its hype and so are any other cryptocurrencies.
Since there is no guarantee about the price increase, then the investor has to be ready to lose the amount of money he is investing. One thing is clear about investments is that you are risking your money and there's no 100% guarantee profit in any investment. That's just too good to be true.
Holding bitcoin is a good way to make money but it's not a rise-only market. There will always be ups and downs and so far nothing is supporting bitcoin's market so it can go down at any given time.
Is't the best way to make easy money , the fluctuation of Bitcoin is really high ! it rise from month to month and now his value = 5700$ and it will rise in the next month ... Holding Bitcoin a long time is a mine gold .
Risky stuff, Satoshi Nakamato has a big part of all the bitcoins. He can dump it any time.
Yes hold bitcoin for long term is good way to make our money growing but its depend on bitcoin price movement, so if you hold bitcoin at low price, and sell it when price is up on several year its really good trade. If the time has come, bitcoin will got increased in perfect time in the future.
No one will say that no to holding bitcoin a long time good way to make money. If any one want to know why simply we can see the rate track record to analyze by themselves and confirm about the performance of Bitcoin to confirm that Bitcoin can be hold long time for good return in future.
Very proven, Yes. Holding bitcoin for longtime proves to be one of the best ways to grow money we have. Very much compared to interest given by bank.
Holding is no doubt a very good option for making a very good amount of money. If you have control over your nerves then this is the best thing which you should do. Holding of bitcoin gives you a guarantee of this thing that with each passing day, more amount of money will be added to your account. So you have to be very careful and you need to control yourselves especially at the hard times.This will help you lot of money and you will surely be rich in the future. But the condition is you need to remain cool and calm.
Bitcoin's total market cap has about $100 billion but still a relatively small one. The market value of above ground gold is about 9 trillion. The development space of bitcoin is very large, hold bitcoin is exactly.
Very proven, Yes. Holding bitcoin for longtime proves to be one of the best ways to grow money we have. Very much compared to interest given by bank.
Holding is no doubt a very good option for making a very good amount of money. If you have control over your nerves then this is the best thing which you should do. Holding of bitcoin gives you a guarantee of this thing that with each passing day, more amount of money will be added to your account. So you have to be very careful and you need to control yourselves especially at the hard times.I don't think there's any guarantee about that at all. Bitcoin is a speculative asset and the price is built solely on the price. Bitcoin is a utilitarian thing and it is wanted for its usage or purposes. These purposes are already offered by other cryptocurrencies that are significantly cheaper than bitcoin. This means that bitcoin is built now by nothing but its hype and so are any other cryptocurrencies.
Since there is no guarantee about the price increase, then the investor has to be ready to lose the amount of money he is investing. One thing is clear about investments is that you are risking your money and there's no 100% guarantee profit in any investment. That's just too good to be true.
Holding bitcoin is a good way to make money but it's not a rise-only market. There will always be ups and downs and so far nothing is supporting bitcoin's market so it can go down at any given time.
Very proven, Yes. Holding bitcoin for longtime proves to be one of the best ways to grow money we have. Very much compared to interest given by bank.
Looking at some famous stories who have been made rich by investing and holding bitcoin, your statement is indeed correct. Banks do not give us as big profits as bitcoin do and that is people are investing in it instead of banks. This is the main reason why it is a threat to banking system and indeed it is a big one. Bitcoin is just a way to get out of all financial problems and earn enormous money within a short span of time.
I hold most bitcoins. But I also use some as I believe circulaiton will make it more valuable.
Very proven, Yes. Holding bitcoin for longtime proves to be one of the best ways to grow money we have. Very much compared to interest given by bank.
Looking at some famous stories who have been made rich by investing and holding bitcoin, your statement is indeed correct. Banks do not give us as big profits as bitcoin do and that is people are investing in it instead of banks. This is the main reason why it is a threat to banking system and indeed it is a big one. Bitcoin is just a way to get out of all financial problems and earn enormous money within a short span of time.
Very proven, Yes. Holding bitcoin for longtime proves to be one of the best ways to grow money we have. Very much compared to interest given by bank.
Holding is no doubt a very good option for making a very good amount of money. If you have control over your nerves then this is the best thing which you should do. Holding of bitcoin gives you a guarantee of this thing that with each passing day, more amount of money will be added to your account. So you have to be very careful and you need to control yourselves especially at the hard times.
Very proven, Yes. Holding bitcoin for longtime proves to be one of the best ways to grow money we have. Very much compared to interest given by bank.
Holding is no doubt a very good option for making a very good amount of money. If you have control over your nerves then this is the best thing which you should do. Holding of bitcoin gives you a guarantee of this thing that with each passing day, more amount of money will be added to your account. So you have to be very careful and you need to control yourselves especially at the hard times.I don't think there's any guarantee about that at all. Bitcoin is a speculative asset and the price is built solely on the price. Bitcoin is a utilitarian thing and it is wanted for its usage or purposes. These purposes are already offered by other cryptocurrencies that are significantly cheaper than bitcoin. This means that bitcoin is built now by nothing but its hype and so are any other cryptocurrencies.
Since there is no guarantee about the price increase, then the investor has to be ready to lose the amount of money he is investing. One thing is clear about investments is that you are risking your money and there's no 100% guarantee profit in any investment. That's just too good to be true.
Holding bitcoin is a good way to make money but it's not a rise-only market. There will always be ups and downs and so far nothing is supporting bitcoin's market so it can go down at any given time.
Yes it is! There won't be a coin which has a higher price in the next few years!
It's a good investment for some years.
Instead of transferring all of my money to the bank I'd advise everybody to invest in btc,
even if that investment makes only 5-10% of the sum of money you want to spend.
If you aren't sure, look how the price rose in the last few years!
It's a good investment for some years.
Instead of transferring all of my money to the bank I'd advise everybody to invest in btc,
even if that investment makes only 5-10% of the sum of money you want to spend.
If you aren't sure, look how the price rose in the last few years!
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