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Topic: Is Holding Bitcoin a long time good way to make money? - page 29. (Read 368902 times)

hero member
Activity: 784
Merit: 500
Now is the fact, holding bitcoin in not distant for future has provided very good advantage. And i am still optimistic if we invest now, we still can make money that isn't small. Bitcoin a very bright investment. This isn't about bubble effect, but about trust in bitcoin.
hero member
Activity: 644
Merit: 500
BTC has always a risk of going up or down, You don't know like 8Hrs after BTC will triple it's price.
So it's a risk if you want to buy or no.
Oh man there is always a risk in life in any case. when a mother give birth to a child, that child can die any time so there is a risk for that child to die so should mothers stop giving births to children. Bro be a real man. Buy them now or it will be too late. And be positive if there is risk then there is also a good chance for its value to be raised. If you think badly. Bad will be happened to you. So don’t get worried about risk just go for bitcoin, buy them invest and enjoy the life man.
sr. member
Activity: 434
Merit: 250
Holding bitcoin is really effective to earn big profits. Many people do that because they wall know that.

It actually depends on the coin that your'e holding, because some other coins has really  have a very small amount of value, Maybe it will be nicer if you have a mining rig while waiting for your coins to rise up. Its one of my way to control my emotions when the value of my coins is decreasing.


I think the coin is in the obvious sense of bitcoin,
Yes holding bitcoin in wallet is most effective action to gain profit, but it is done if it doesn't have ability and knowledge about trading, because it seems that trading still has the best best dominance to get bitcoin quickly.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
Holding bitcoin is really effective to earn big profits. Many people do that because they wall know that.

It actually depends on the coin that your'e holding, because some other coins has really  have a very small amount of value, Maybe it will be nicer if you have a mining rig while waiting for your coins to rise up. Its one of my way to control my emotions when the value of my coins is decreasing.

OP is interested in knowing that if he can make profits by holding bitcoin for a long term and not the altcoins and its never a smart move to hold any altcoins for a long term as it can fall down very badly at any point of time so if you are holding any altcoin then the best thing is to sell it at a right time when you are making good profits from it.
full member
Activity: 434
Merit: 100
Holding bitcoin is really effective to earn big profits. Many people do that because they wall know that.

It actually depends on the coin that your'e holding, because some other coins has really  have a very small amount of value, Maybe it will be nicer if you have a mining rig while waiting for your coins to rise up. Its one of my way to control my emotions when the value of my coins is decreasing.
sr. member
Activity: 742
Merit: 251
Holding bitcoin is really effective to earn big profits. Many people do that because they wall know that.
There is no doubt in this, that holding is the best way of earning bitcoin. But I must tell that there are also other ways which are as effective as holding is. Like signature campaign, trading in bitcoin (risky but best way, you can use different bitcoin faucets, gambling and many more. What I prefer is trading. As it keeps the flow to stay same and also you can learn a lot from this.
hero member
Activity: 626
Merit: 500
BTC has always a risk of going up or down, You don't know like 8Hrs after BTC will triple it's price.
So it's a risk if you want to buy or no.
it will be for better, if your going to save your money in a bsnk, better put it on btc . In banks it will not increase kuch more tgey will deduct some fees. I prefer putting my money into btc now and will keep it in their until i needed.
sr. member
Activity: 616
Merit: 250
BTC has always a risk of going up or down, You don't know like 8Hrs after BTC will triple it's price.
So it's a risk if you want to buy or no.
legendary
Activity: 1652
Merit: 1057
well with the current trend and in flusck of altcoin it quite easy to have a lot of biit coin and hold it ...you just need to make a plan of how may you want to hold and how many u wan to trade with and how many you want to use for ur daily up kep...
But have not heard this word "flusck" before and Google was not also much of a help. May I know the exact meaning of this word ?

If you mean flux or change in altcoins, the downfall actually increases the value of bitcoins, making it more costly to earn but at the same worthy to invest. OP wants to know whether holding on bitcoins for long period a good way to make money. Then my answer is yes! Bitcoins tend to pump more than dump.

Nowadays, the price is increasing at astonishing rate but into future it will surpass the present worth. Also, don’t just hold on BTCs but try to increase the number.
full member
Activity: 574
Merit: 105
well with the current trend and in flusck of altcoin it quite easy to have a lot of biit coin and hold it ...you just need to make a plan of how may you want to hold and how many u wan to trade with and how many you want to use for ur daily up kep...
hero member
Activity: 826
Merit: 502
"Holding bitcoin for long time" is not online the best way to Make money but the most secure ways to make money. Just July this year bitcoin fell bellow $2000 and just about three weeks later it price went as high as $4400 that is over 100% percent returned on your investment. Hold both bitcoin and others cryptocurrency is the best way to actually make money but you must hold it for long time.

This only works for people that have sufficient amount of fiat to support themselves for their daily lives and for emergencies. You have to be able to pay for expenses that are a really major one for you to be able to hold cryptocurrencies and not care about holding it for a really long time. Just imagine those people that have bought bitcoins at $1200 back in the days. It took them years to make profit from it. In between those years, if they needed and money and had to sell their bitcoins, they've already lost money. Only those that truly believed in bitcoin and held long enough would have made money to this point. It's very rewarding but at the same time it's very risky.

Behind all these people praising bitcoin because of the ridiculous amount of profits that they have made so far, there are people that have lost money too and had to sell at a low price. At the end of the day, this is a zero sum game and a gain of someone will be a loss of another someone.
hero member
Activity: 742
Merit: 500
"Holding bitcoin for long time" is not online the best way to Make money but the most secure ways to make money. Just July this year bitcoin fell bellow $2000 and just about three weeks later it price went as high as $4400 that is over 100% percent returned on your investment. Hold both bitcoin and others cryptocurrency is the best way to actually make money but you must hold it for long time.
it is less risky to just hold it than to spend it in trading in investing. But spending it on those can exposed us to knew learnings wherin we can earn a lot if we made a right decision on choosing what project to invest in ICO and what alt have potential to grow when in trading.
sr. member
Activity: 882
Merit: 269
"Holding bitcoin for long time" is not online the best way to Make money but the most secure ways to make money. Just July this year bitcoin fell bellow $2000 and just about three weeks later it price went as high as $4400 that is over 100% percent returned on your investment. Hold both bitcoin and others cryptocurrency is the best way to actually make money but you must hold it for long time.
hero member
Activity: 686
Merit: 500
Yes,nowadays holding bitcoins has been found to be the most profitable way of even doubling your investment.Nowadays,most people have left the method of investing in altcoins,taking huge risks,trading them and they have just started to hold their bitcoins in their wallets since we could see the price almost doubled in the last month and now,its price is around $4320.
sr. member
Activity: 952
Merit: 274
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 say that holding a bitcoin is really a good way to make profit. The price of the bitcoin today is $3300 and it is obvious that holding a bitcoin is effective and good way to become rich.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .
I think that holding bitcoins for a long time is quite a gamble for some because of the unstable value of bitcoin form time to time.
Holding Bitcoin is the type trading just for people believe 100% the future Bitcoin can growth and famous like Gold in present. In first time choose this type trading, we also know this is a gamble and can loss your money any time.
hero member
Activity: 812
Merit: 500
thats right, holding bitcoin for the long term is a great investmen to make a lot of money
is possible bitcoin will be increase $5000 in this year

Of course, now holding for a long term bitcoin is best crypto investment. Bitcoin has been beat all other altcoins and i am also agree with you, that in this year bitcoin would be cross $5000. If we see the start of this year, then it is unbelievable thing that within year bitcoin beat the $5000. Because in the start of the year bitcoin was under $1000.
full member
Activity: 528
Merit: 100
i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .
I think that holding bitcoins for a long time is quite a gamble for some because of the unstable value of bitcoin form time to time.
full member
Activity: 350
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?

Absolutely yes, this will probably gave you 100% income and a great form of investment. Why? Simply because bitcoins value rises from time to time. Have you ever heard the teenager who invest in bitcoins before and now a freaking millionaire? Thats how can holding bitcoins for a long time can gave you a lot of money.
full member
Activity: 390
Merit: 100
Holding bitcoin for a long time it's good it can be seen from the price charts from year to year but you should consider the price trend when the price goes down which you have to buy and when the price is high then you have to sell it.
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