Is Holding Bitcoin a long time good way to make money? - page 36.

cotton ball

sr. member

Activity: 1288

Merit: 253

Quote from: Wildwest on July 08, 2017, 05:34:07 AM

Holding Bitcoin for long time is a very safe investment. Safe because the future of this coin is very good not many people know about the existence of bitcoin. If the existence of bitcoin already known to the people that will make the popularity of these coins will be good. There will be many people who use this currency as their alternative payment tool that is very easy to use and also uses low fee.

At first I didn't believe in anything like this, but over time I was hooked to increase the amount of bitcoin in a long time, the popularity of bitcoin unstoppable and many new people join every day. There is one thing to note in your comments, an increase in the number of users will lead to an increase in transaction costs, this will contrast with your original opinion.

Wildwest

sr. member

Activity: 1701

Merit: 308

Holding Bitcoin for long time is a very safe investment. Safe because the future of this coin is very good not many people know about the existence of bitcoin. If the existence of bitcoin already known to the people that will make the popularity of these coins will be good. There will be many people who use this currency as their alternative payment tool that is very easy to use and also uses low fee.

Ultrasound

newbie

Activity: 58

Merit: 0

Quote from: Savemore on July 07, 2017, 12:57:21 AM

Quote from: Japinat on July 07, 2017, 12:45:17 AM

Quote from: Potchi on July 06, 2017, 11:59:13 PM

Quote from: desticy on July 03, 2015, 03:37:35 AM

No doubt, hold bitcoin start from now is a good invest way!

I guess there is nothing wrong with holding or hoarding your bitcoin for a long time, just be alert that when the price rises you should convert the profit from your original bitcoin to your country's currency so you could save.

It's your decision to hoard or to sell but make sure you will sell always at profit, also it's necessary that we will not only hold without following a good plan to sell because that is the only way where we can tell to ourselves that we are making money with investing bitcoin.
Everyone is very positive with the future of bitcoin but we also have to consider the risk of failure and we will not sell then we will fail together with bitcoin.

Yeah having a good plan is a very good way to have a profit. Saving and storing your bitcoins is necessary. The value of the bitcoin is continuing to rising and it is effective if we hold some of it.

In the long term, yes. But in the short term, it could drop a lot due to the soft fork.

Savemore

sr. member

Activity: 952

Merit: 274

Quote from: Japinat on July 07, 2017, 12:45:17 AM

Quote from: Potchi on July 06, 2017, 11:59:13 PM

Quote from: desticy on July 03, 2015, 03:37:35 AM

No doubt, hold bitcoin start from now is a good invest way!

I guess there is nothing wrong with holding or hoarding your bitcoin for a long time, just be alert that when the price rises you should convert the profit from your original bitcoin to your country's currency so you could save.

It's your decision to hoard or to sell but make sure you will sell always at profit, also it's necessary that we will not only hold without following a good plan to sell because that is the only way where we can tell to ourselves that we are making money with investing bitcoin.
Everyone is very positive with the future of bitcoin but we also have to consider the risk of failure and we will not sell then we will fail together with bitcoin.

Yeah having a good plan is a very good way to have a profit. Saving and storing your bitcoins is necessary. The value of the bitcoin is continuing to rising and it is effective if we hold some of it.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: Potchi on July 06, 2017, 11:59:13 PM

Quote from: desticy on July 03, 2015, 03:37:35 AM

No doubt, hold bitcoin start from now is a good invest way!

I guess there is nothing wrong with holding or hoarding your bitcoin for a long time, just be alert that when the price rises you should convert the profit from your original bitcoin to your country's currency so you could save.

It's your decision to hoard or to sell but make sure you will sell always at profit, also it's necessary that we will not only hold without following a good plan to sell because that is the only way where we can tell to ourselves that we are making money with investing bitcoin.
Everyone is very positive with the future of bitcoin but we also have to consider the risk of failure and we will not sell then we will fail together with bitcoin.

Potchi

full member

Activity: 191

Merit: 100

Quote from: desticy on July 03, 2015, 03:37:35 AM

No doubt, hold bitcoin start from now is a good invest way!

I guess there is nothing wrong with holding or hoarding your bitcoin for a long time, just be alert that when the price rises you should convert the profit from your original bitcoin to your country's currency so you could save.

Monnt

legendary

Activity: 938

Merit: 1002

Quote from: Japinat on July 05, 2017, 02:46:54 AM

Quote from: BTC786 on July 05, 2017, 01:33:51 AM

Quote from: viking02 on June 30, 2015, 12:24:11 PM

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?

Bitcoin will hit 1Mn as per the experts.

https://cointelegraph.com/news/goldman-sachs-bitcoin-price-is-in-sweet-spot-eyes-4000-in-2017

Coming from a reputable group, we should believe it will happen.
I am also confident it will he achieve easily this year, hello.. We are close to $3,000 dollars already and we still have more months to end this year,
I think we will see that soon, you know a lot of surprises will happen so we should be ready with that.

Well said. It’s absolutely prudent to believe in the enormous potential of bitcoins. Bitcoins definitely have bright future in crypto market. There’s no method best than holding on to your bitcoins as longer as possible. This demands little patience but is really tremendously profitable.

Bitcoins are becoming popular all over the world with the speed of light. It’s highly expected that bitcoins are going to exhibit high values in the end of year. Those who are holding on to bitcoins, great surprises are waiting for them. Good luck!

michkima

hero member

Activity: 896

Merit: 514

Quote from: KingdomHearts on July 06, 2017, 11:53:29 AM

Quote from: lixer on July 03, 2017, 03:49:18 PM

Quote from: Fredomago on July 01, 2017, 10:40:08 AM

Quote from: batang_bitcoin on July 01, 2017, 04:09:17 AM

Quote from: mrBTCman on June 30, 2017, 07:38:59 AM

Well, someone who invested in bitcoin at the origin when it was about $1 would now say that holding bitcoin for a long time is definitely a good way to make money. Grin

Those people that invest while the price is at $1-$20 or even $100 they are now rich. And I know that there's a lot of people that did believed to bitcoin and hold it for a long time. They only just proved that bitcoin is a good way to make money if you just hold it for better.

well early holders are now enjoying the benefits of trusting the network and we that still here and trying our luck as well will learn from what they got,
bitcoin is for believers and long term holders we knew time will come for us and we will also enjoy those things that they achieved.

People who took risk in the early stage by adopting the bitcoin are no doubt enjoying the benefits today but one thing we need to mention is that they were the one who get their investments on risk more than us.

Today we know that the bitcoin is a powerful financial system helping the people to get rid of the old traditional financial system, which the bitcoin has proved, so we invest in it while the time these people were investing in it the bitcoin was not like this.

It’s not only about investing. It involves the right decisions on right times. Keep the fluctuations of the exchange rate in your site. It may increase after sometime. Long term investments also need activity regarding the ups and downs in the market.

The people who have made their dream of becoming rich true were not only interested in getting richer. They made it because of their smart minds and master plans. This needs a mastermind to be involved in the earnings. Because, he or she will keep on looking at all the significant factors of the market.

Yeah, the problem with people that work hard is that they don't work smart. That means that if they just work a minimum wage job, then there is really going to be a problem if he wants to be rich. He would have to work a million years before he would be able to be rich. Unlike smart workers that make their money work for them.

KingdomHearts

hero member

Activity: 896

Merit: 514

Quote from: lixer on July 03, 2017, 03:49:18 PM

Quote from: Fredomago on July 01, 2017, 10:40:08 AM

Quote from: batang_bitcoin on July 01, 2017, 04:09:17 AM

Quote from: mrBTCman on June 30, 2017, 07:38:59 AM

Well, someone who invested in bitcoin at the origin when it was about $1 would now say that holding bitcoin for a long time is definitely a good way to make money. Grin

Those people that invest while the price is at $1-$20 or even $100 they are now rich. And I know that there's a lot of people that did believed to bitcoin and hold it for a long time. They only just proved that bitcoin is a good way to make money if you just hold it for better.

well early holders are now enjoying the benefits of trusting the network and we that still here and trying our luck as well will learn from what they got,
bitcoin is for believers and long term holders we knew time will come for us and we will also enjoy those things that they achieved.

People who took risk in the early stage by adopting the bitcoin are no doubt enjoying the benefits today but one thing we need to mention is that they were the one who get their investments on risk more than us.

Today we know that the bitcoin is a powerful financial system helping the people to get rid of the old traditional financial system, which the bitcoin has proved, so we invest in it while the time these people were investing in it the bitcoin was not like this.

It’s not only about investing. It involves the right decisions on right times. Keep the fluctuations of the exchange rate in your site. It may increase after sometime. Long term investments also need activity regarding the ups and downs in the market.

The people who have made their dream of becoming rich true were not only interested in getting richer. They made it because of their smart minds and master plans. This needs a mastermind to be involved in the earnings. Because, he or she will keep on looking at all the significant factors of the market.

Bunsomjelican

sr. member

Activity: 812

Merit: 251

Holding a coins in a long term was really profitable one. All just we need to do is patiently wait for the price increase of the coins
we hold. I know many of the bitcoin community doing this things.

ladydark

hero member

Activity: 686

Merit: 500

Bitcoin market is totally different from altcoin market.In altcoin market,long term investment could not be expected to give profits since it is highly volatile market.But in bitcoin,investment should be made in long term basis and short term benefits could not be expected.We could see that bitcoin price was just $850 and now within six months,its price is now $2550.So holding bitcoins is the best way to make more profits.

ArnoldChippy

hero member

Activity: 700

Merit: 500

Quote from: Ronaldcoin2017 on July 04, 2017, 05:12:15 AM

I agree because bitcoin price can rise anytime and if you are holding it on this year..maybe next year or in the other coming three years from now its price rise up.
And if this time comes you can sell your bitcoin in high price.you can be more profitable if this happen

i think every person has the same thinking here, they are confident about the price of bitcoin that it will increase too much, i myself confident that lding bitcoin in present time and specially for long term investment is a very good decision.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: BTC786 on July 05, 2017, 01:33:51 AM

Quote from: viking02 on June 30, 2015, 12:24:11 PM

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?

Bitcoin will hit 1Mn as per the experts.

https://cointelegraph.com/news/goldman-sachs-bitcoin-price-is-in-sweet-spot-eyes-4000-in-2017

Coming from a reputable group, we should believe it will happen.
I am also confident it will he achieve easily this year, hello.. We are close to $3,000 dollars already and we still have more months to end this year,
I think we will see that soon, you know a lot of surprises will happen so we should be ready with that.

BTC786

sr. member

Activity: 495

Merit: 250

Quote from: viking02 on June 30, 2015, 12:24:11 PM

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?

Bitcoin will hit 1Mn as per the experts.

https://cointelegraph.com/news/goldman-sachs-bitcoin-price-is-in-sweet-spot-eyes-4000-in-2017

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Don't ask anyone. Just check the history. Apart from the dip during 2014-16, Bitcoin investments has given at least 1,000% ROI (if held for more than 3 years). I don't want to make predictions, but I am confident that if you have the confidence and patience, then Bitcoin investments will give you good returns in the future as well.

iram1011

hero member

Activity: 896

Merit: 521

Quote from: TheKingofBubble on July 04, 2017, 07:44:13 PM

That's like asking, is buying real estate a good investment? As with anything, market conditions and price are important. When do you buy, and at what price?

Bitcoin has so far historically, been a great investment. So has litecoin, ethereum and ripple.

True, bitcoin has proven to be an excellent investment in the past and it still has a huge potential of growing. I consider this time to be a initial phase. Bitcoin has more to go and is a perfect investment today as well. I think it is better investment than many other assets or commodities.

TheKingofBubble

member

Activity: 108

Merit: 10

That's like asking, is buying real estate a good investment? As with anything, market conditions and price are important. When do you buy, and at what price?

Bitcoin has so far historically, been a great investment. So has litecoin, ethereum and ripple.

Darknight31

full member

Activity: 209

Merit: 100

Quote from: bitcoinarchitecture on July 03, 2015, 03:42:20 PM

Put some in coldstorage. But for Bitcoin to succeed I also think you should use them, to buy, trade etc.

There is nothing wrong with hoarding your bitcoin but i guess not for too long. You gotta use it anywhere to make it sense. You have to take risks.

Inspector 2211

sr. member

Activity: 448

Merit: 250

Quote from: mostkey on July 04, 2017, 05:55:33 PM

Quote from: Ronaldcoin2017 on July 04, 2017, 05:12:15 AM

I agree because bitcoin price can rise anytime and if you are holding it on this year..maybe next year or in the other coming three years from now its price rise up.
And if this time comes you can sell your bitcoin in high price.you can be more profitable if this happen

Okay, it's a chance that may happen, but if we start thinking to get more profit you can start at ICO, because we can give profit that has been reflected clearly.
For that we can start with a definite advantage in the can.

Yes ICO can give you massive profits if you have invested in a right one and holding bitcoins will give you good profits only if the price of bitcoin goes higher in future and no one is sure what will happen in future so to make good profits in short term we should start investing in different ICO projects.

mostkey

sr. member

Activity: 742

Merit: 253

Quote from: Ronaldcoin2017 on July 04, 2017, 05:12:15 AM

I agree because bitcoin price can rise anytime and if you are holding it on this year..maybe next year or in the other coming three years from now its price rise up.
And if this time comes you can sell your bitcoin in high price.you can be more profitable if this happen

Okay, it's a chance that may happen, but if we start thinking to get more profit you can start at ICO, because we can give profit that has been reflected clearly.
For that we can start with a definite advantage in the can.

Topic: Is Holding Bitcoin a long time good way to make money? - page 36. (Read 368917 times)