Is Holding Bitcoin a long time good way to make money? - page 39.

TitanGEL

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Quote from: tigershark on June 23, 2017, 10:48:09 PM

If you are a long term investor, then buying and holding bitcoins will probably yield good profits. Those of us that are trading are trying to do even better than buying and holding.

It really depends on how much time you want to invest in bitcoin trading as to whether trading would be worth it. You also have to measure the risk of trading on an exchange.

If you storing you bitcoin in your wallet, Patience is your no.1 need. If you have this for sure you will have a good profit in the future. Yeah you have a point about the trading. Trading is so risky.

javalemcgee

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Quote from: RedX on June 23, 2017, 08:45:35 PM

Definitely yes. But if you put your emotions first then you cannot make a huge money out of bitcoins. If bitcoin is dropping too much for an instance then you sold it all then its all going to be all for nothing. So believe in bitcoin no matter what happen and just hold.

Holding bitcoin only gives you virtual profit. If you don't cash it out at some point, you can't say that you made money by just holding that. Profit realization is important everywhere.

tigershark

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If you are a long term investor, then buying and holding bitcoins will probably yield good profits. Those of us that are trading are trying to do even better than buying and holding.

It really depends on how much time you want to invest in bitcoin trading as to whether trading would be worth it. You also have to measure the risk of trading on an exchange.

RedX

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Definitely yes. But if you put your emotions first then you cannot make a huge money out of bitcoins. If bitcoin is dropping too much for an instance then you sold it all then its all going to be all for nothing. So believe in bitcoin no matter what happen and just hold.

Chin Cheng

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Quote from: BitcoinExpart on June 23, 2017, 03:24:39 AM

Bitcoin has huge potential, it's already proved and last few days it become skyrocketing. Bitcoin will make us profitable and I have strong believe this currency. It's legit way to make money by holding.

The huge potential of any investment is as good as the rate in which you are able to invest and if you could enter a market at a good rate then it is the best you can do,because when it all comes down,people who made the most money depends on the amount of shares or coins they could accumulate when the price was low,most important factor is ,how long should i hold to get the maximum profit,never trust anything for a very long time period,check back and follow the market every time and book the profits in time rather than holding for a long time.

Biggapp

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Quote from: Savemore on June 23, 2017, 03:45:28 AM

Quote from: BitcoinExpart on June 23, 2017, 03:24:39 AM

Quote from: leexhin on June 22, 2017, 06:45:02 PM

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.

Bitcoin has huge potential, it's already proved and last few days it become skyrocketing. Bitcoin will make us profitable and I have strong believe this currency. It's legit way to make money by holding.

Yeah you're correct. Bitcoin has huge potential. The value of the bitcoin is always rising up and it is very profitable. If we store our bitcoin in our storage and wait many months or years you will see the big amount of profit.

yes of course bitcoin has a good potential and it is rising at a good rate and it is very profitable for those who always hold their bitcoin for long time to get profit and holding bitcoin for three or more years is very good because in after this we will see the price of bitcoin very high and bitcoin holders at that time will be very rich.

nakata90

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Quote from: Savemore on June 23, 2017, 03:45:28 AM

Quote from: BitcoinExpart on June 23, 2017, 03:24:39 AM

Quote from: leexhin on June 22, 2017, 06:45:02 PM

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.

Bitcoin has huge potential, it's already proved and last few days it become skyrocketing. Bitcoin will make us profitable and I have strong believe this currency. It's legit way to make money by holding.

Yeah you're correct. Bitcoin has huge potential. The value of the bitcoin is always rising up and it is very profitable. If we store our bitcoin in our storage and wait many months or years you will see the big amount of profit.

Are you sure? I not think the price of Bitcoin always rising up, sometime it need fall down and sideway before rising again, not things on market can rising forever, carefully! But in next time the price of Bitcoin can rising up because it complete price adjustment and will comeback soon to test resist line again Wink

crazycatwoman03

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Quote from: leexhin on June 22, 2017, 06:45:02 PM

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.

Holding bitcoin for a long time is also another choice to gain profit from it. There is nothing wrong with holding it as long as you know that it is safe for your bitcoin to be in there. You still have to make sure that what you used for storing it is secured because having a huge amount of bitcoin in an online wallet can be attractive to the eyes of hackers or cyberpunks.

It is your choice to make whether to hold your money for a long time but you have to consider that there are times when the bitcoin’s market price is good for selling it. You might still want to try other ways to grow your bitcoin by using a portion of your money.

Savemore

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Quote from: BitcoinExpart on June 23, 2017, 03:24:39 AM

Quote from: leexhin on June 22, 2017, 06:45:02 PM

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.

Bitcoin has huge potential, it's already proved and last few days it become skyrocketing. Bitcoin will make us profitable and I have strong believe this currency. It's legit way to make money by holding.

Yeah you're correct. Bitcoin has huge potential. The value of the bitcoin is always rising up and it is very profitable. If we store our bitcoin in our storage and wait many months or years you will see the big amount of profit.

stadus

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Quote from: passwordnow on June 23, 2017, 02:47:54 AM

Quote from: jerowacik on June 22, 2017, 06:09:29 PM

Quote from: passwordnow on June 22, 2017, 04:37:26 PM

Quote from: Lizzie_Girl on June 22, 2017, 09:53:04 AM

I think it is a very good idea because many people believe in Bitcoin and the more people who adopt it the higher the value. It's still in it's youth so we can all still benefit. Holding Bitcoin is probably the best thing you can do for yourself right now. Also investing in some altcoins to accelerate that. There many good altcoins.

It will always a very good thing to hold bitcoin. And if you are playing to keep on holding that will give you a better profit there are some risk because the price is down but most of the time the price is good to increase.

Everyone predicts that bitcoin prices will always increase, but we do not know when it will happen .. How when we need real money and then the price of bitcoin is decreasing. We will eventually earn a little money. So holding is not necessarily much better in my opinion. All must be in accordance with the conditions.

We don't know what will happen but everyone has the same words like this "bitcoin will increase in the future so just keep on holding". And sometimes there are situations like that happening, when we do really need some cash the struggle is starting by seeing the price of bitcoin to decrease.

That's why we have to only put the amount that is intended for investment so we will not panic sell when something bad happen
or we will not think of selling anytime. This should be our long term investment and only sell once you achieve your goal on the desired price.

BitcoinExpart

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Quote from: leexhin on June 22, 2017, 06:45:02 PM

Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.

Bitcoin has huge potential, it's already proved and last few days it become skyrocketing. Bitcoin will make us profitable and I have strong believe this currency. It's legit way to make money by holding.

passwordnow

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Quote from: jerowacik on June 22, 2017, 06:09:29 PM

Quote from: passwordnow on June 22, 2017, 04:37:26 PM

Quote from: Lizzie_Girl on June 22, 2017, 09:53:04 AM

I think it is a very good idea because many people believe in Bitcoin and the more people who adopt it the higher the value. It's still in it's youth so we can all still benefit. Holding Bitcoin is probably the best thing you can do for yourself right now. Also investing in some altcoins to accelerate that. There many good altcoins.

It will always a very good thing to hold bitcoin. And if you are playing to keep on holding that will give you a better profit there are some risk because the price is down but most of the time the price is good to increase.

Everyone predicts that bitcoin prices will always increase, but we do not know when it will happen .. How when we need real money and then the price of bitcoin is decreasing. We will eventually earn a little money. So holding is not necessarily much better in my opinion. All must be in accordance with the conditions.

We don't know what will happen but everyone has the same words like this "bitcoin will increase in the future so just keep on holding". And sometimes there are situations like that happening, when we do really need some cash the struggle is starting by seeing the price of bitcoin to decrease.

leexhin

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Well holding it for a long time seems like a good way to make some money,
Other's have already made some profit because of it and I do hope that I could also make some in this year.

ModGirl

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Quote from: Ethan_Locke on June 21, 2017, 07:35:12 PM

You should never have all of your eggs in one baske, however a % of your portfolio invest in bitcoin is a sure thing IMO.

But if the basket is more safer than any other place then it is not wrong to pace all of your eggs in one basket to make the secure. I am suggesting that bitcoin is a more secure place of investment if any person will invest all of his money in bitcoin then he have to invest as it will benefit in long term.

cryptocortex

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There are no guarantees that you will make money from it, but I consider this one of the best ways to preserve our wealth, much better than keeping your money in fiat, especially if you live in a country with astronomical inflation rates.

jerowacik

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Quote from: passwordnow on June 22, 2017, 04:37:26 PM

Quote from: Lizzie_Girl on June 22, 2017, 09:53:04 AM

I think it is a very good idea because many people believe in Bitcoin and the more people who adopt it the higher the value. It's still in it's youth so we can all still benefit. Holding Bitcoin is probably the best thing you can do for yourself right now. Also investing in some altcoins to accelerate that. There many good altcoins.

It will always a very good thing to hold bitcoin. And if you are playing to keep on holding that will give you a better profit there are some risk because the price is down but most of the time the price is good to increase.

Everyone predicts that bitcoin prices will always increase, but we do not know when it will happen .. How when we need real money and then the price of bitcoin is decreasing. We will eventually earn a little money. So holding is not necessarily much better in my opinion. All must be in accordance with the conditions.

IamHigh

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Holding can give you good opportunities but you shouldn't forget that you can't wait forever. You need to trade as well.

xvids

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Well if you are going to look back you would definitely get the answer it has increase too much from where it begins,
I just hope it continue to increase and make some profit from it too.

TrumpD

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On current evidence - yes. I always recommend holding bitcoins, but the reality is that the price will not increase for ever. At some point in the near or distant future it will level up or start depreciating. Adding other coins to your portfolio isn't a bad idea.

passwordnow

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Quote from: Lizzie_Girl on June 22, 2017, 09:53:04 AM

I think it is a very good idea because many people believe in Bitcoin and the more people who adopt it the higher the value. It's still in it's youth so we can all still benefit. Holding Bitcoin is probably the best thing you can do for yourself right now. Also investing in some altcoins to accelerate that. There many good altcoins.

It will always a very good thing to hold bitcoin. And if you are playing to keep on holding that will give you a better profit there are some risk because the price is down but most of the time the price is good to increase.

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