Topic: Is Holding Bitcoin a long time good way to make money? - page 41. (Read 368917 times)
As we know that there is a continuous fluctuations in the price of bitcoins, holding your bitcoins doesn't seem like a viable option even though atimes the profit might be made. Likely, I would say trading with some of your bitcoins and holding some of the rest.
as far as investing is concern, bitcoin is the most invested assets in the cryptocoin world. It has not reached yet its peak so it is good to keep and hold your bitcoin.
As stated it's always good to hold bitcoin as much possible. Because than investing into some investment schemes it's good to have the asset in our own hands. The holding itself provides a profit which cannot be got through any other investment or assets.
Autobuy every week/month is the best strategy
Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend
Holding is the best investment and I won't hold if there's no single person says that holding is not good. That's why holding your bitcoins for years or months will give you profit and beneficial. But your bitcoins will not grow exponentially but the value of it because there are some that are misleading because of other's explanation.
It's risky in a way that while you are holding bitcoins. The chance of pumping and dumping is there. And for example that when you bought at $2,900 then the price suddenly fall at $2,200. That's the risk but if you have the faith and has the belief base on what you can see and read, holding is the best thing to do with your btc.
as far as investing is concern, bitcoin is the most invested assets in the cryptocoin world. It has not reached yet its peak so it is good to keep and hold your bitcoin.
Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend
Yes it is, bitcoin is a good investment someday. Many bussiness man are now using it and earning it now. They are now buying coins and storing it in their wallet and for it to increase its value or to have a profit on it. Holding coins is worth it you will realize it someday. They will be rich when they save it now.Well here i am in this field about 3 years but about 6 months ago I decided to save my Bitcoin for future because I had never think that the price of the Bitcoin will ever touch 1500$ but it crossed the 2200$ easily , then I realised that in the future more and more countries will legalise the Bitcoin and that will results into increase in the price .
So ow I am saving my whole earnings in my wallet with the hope that one day I will sell my btc at the rate 10000$
easily . Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend
Yes it is, bitcoin is a good investment someday. Many bussiness man are now using it and earning it now. They are now buying coins and storing it in their wallet and for it to increase its value or to have a profit on it. Holding coins is worth it you will realize it someday. They will be rich when they save it now. Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend
Holding is the best investment and I won't hold if there's no single person says that holding is not good. That's why holding your bitcoins for years or months will give you profit and beneficial. But your bitcoins will not grow exponentially but the value of it because there are some that are misleading because of other's explanation.
Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend
Holding is the best investment and I won't hold if there's no single person says that holding is not good. That's why holding your bitcoins for years or months will give you profit and beneficial. But your bitcoins will not grow exponentially but the value of it because there are some that are misleading because of other's explanation.
Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend
Yes holding bitcoin is like a sleepinng giant that you could sell in time you want to dispose it.According to the predictions BTC will hit the price of 10000$ each.If you can hold it until that tme you have the chance to be a millionaire,because for sure you save a big qauntity of bitcoin that time.Many good opportunities waiting to every bitcoiners that every bitcoiners is the benificiaries of all this benifits from bitcoins.
Your idea is good, but it will work out or not I have bit doubt. The price of the bitcoin will increase this is sure, and because of this people are saving bitcoins, but you saying it will hit $10k is this is possible? Maybe it is, but not in next 5 years, and it will take more than 5 years. You don't need any extra money to lead your life then you can save more bitcoins. But those who need money they can not save more bitcoins. Holding Bitcoin is worth but not too much time whenever the price looks good to sell it and make money. That makes a lot of sense. I agree thay bitcoin may reach that crazy amount but it may take quite a long time to hold if you're aiming for that high. And unforseen situations do happen so some people like you who would like to earn long term may find a situation when they would have to sell their btcs. Better yet, save half then sell half. Gives you peace of mind to know that you still have btcs in your hand after selling some
Yes holding bitcoin is like a sleepinng giant that you could sell in time you want to dispose it.According to the predictions BTC will hit the price of 10000$ each.If you can hold it until that tme you have the chance to be a millionaire,because for sure you save a big qauntity of bitcoin that time.Many good opportunities waiting to every bitcoiners that every bitcoiners is the benificiaries of all this benifits from bitcoins.
Your idea is good, but it will work out or not I have bit doubt. The price of the bitcoin will increase this is sure, and because of this people are saving bitcoins, but you saying it will hit $10k is this is possible? Maybe it is, but not in next 5 years, and it will take more than 5 years. You don't need any extra money to lead your life then you can save more bitcoins. But those who need money they can not save more bitcoins. Holding Bitcoin is worth but not too much time whenever the price looks good to sell it and make money.
Yes holding bitcoin is like a sleepinng giant that you could sell in time you want to dispose it.According to the predictions BTC will hit the price of 10000$ each.If you can hold it until that tme you have the chance to be a millionaire,because for sure you save a big qauntity of bitcoin that time.Many good opportunities waiting to every bitcoiners that every bitcoiners is the benificiaries of all this benifits from bitcoins.
From two years ago, now you can see the profit of having btc as now its rate nearly $2800.
it is because from that time the market of bitcoin is going very well and it is going to used widely for the merchants that is the thing which is making it favorable currency and it is growing because of thatBitcoin as a popular currency will invite the attention of business minded to operate using bitcoin in their system, as you have observed there's plenty of business who uses the blockchain especially in the altcoins market and bitcoin is one of the leading currency to exchange tokens or coins.
From two years ago, now you can see the profit of having btc as now its rate nearly $2800.
it is because from that time the market of bitcoin is going very well and it is going to used widely for the merchants that is the thing which is making it favorable currency and it is growing because of that. The other point is that Japan has accepted it as a legal currency for their state which also made it a more stronger and more trusted currency for the people. 
This thread has gone on for far too long but I'll just add my input anyway...
Bitcoin is volatile but history shows that in the long run it always ends up rising in price so I think only an idiot would do much other than holding long term.
Indeed, the price of bitcoin continue to go up. There are times that bitcoin’s price would suddenly go down which make others worry but then would rise again. These fluctuations also shows how bitcoin’s price affects investor’s interest. Bitcoin is volatile but history shows that in the long run it always ends up rising in price so I think only an idiot would do much other than holding long term.
I have gained interest into bitcoin when its price equivalent is less than 50K in Philippine Peso. I can say that the sacrifices I have done was all worth it. I am now using my earnings to assists some of financial needs. I do not think that holding bitcoin is wrong. Bitcoin’s price may continue to go up and its price would be delightful in the future. If this happens, holding bitcoin for a long time will be worth it.
I think so
holding bitcoin for the long term is a good wy to make money
we know that bitcoin is always increase every year
holding bitcoin for the long term is a good wy to make money
we know that bitcoin is always increase every year
Unlike the time period, holding of bitcoin is always profitable. The proof that it grows from time to time can be understood through the price chart from the days of bitcoin being used as an alternate for all our financial needs.
Yes, profitable. Even just hold it. For people who are super busy but interested in good opportunities owned by bitcoin, certainly hold's option. My advice, will be more profitable if we learn to trade, so we can make bitcoin grow faster.
Right. Though trading would take time and effort for studying about coin movements and fluctuations. Its not simply a passive way to earn money. Sometimes pu.ps and dumps happen way too quick so you have to invest time to make sure you're there at the right moment.
Holding bitcoin i thinks no different with holding gold. Value always continue to grow, even in the future bitcoin more potential and profitable than gold.
Yeah you're right holding Bitcoin is same as gold but we cannot get a big profit from gold because gold is much more stable and gold increasing its price too much slow and we know that bitcoin increasing its price too much faster and we can easily get a big profit in short time from Bitcoin so invest your money in Bitcoin is much more better than gold.The worst thing that you can do in investments is to chase stuffs that gives you big profit. The higher the profit, the higher the risk that it has. If you don't completely know what you're doing in bitcoins, I recommend to hold gold instead. Gold has been proven to be profitable and it will continue to have a function in the industry especially in the technology field. If there's a thing that can substitute gold and is more cost efficient, they should have discovered and used it by now. But there's still none.
Bitcoin can easily become obsolete when a new technology comes in and we all know that it's bound to happen at some point. Lightning network is believe as a vaporware by now but we don't know when's that going change.
Every investment that we do, certainly has a period of time for how long we invest in it. As well on bitcoin, maybe we can specify for 5 years or maybe even for 20 years. Because it's true with your opinion, when new technology comes in may be bitcoin to be obsolete.
Unlike the time period, holding of bitcoin is always profitable. The proof that it grows from time to time can be understood through the price chart from the days of bitcoin being used as an alternate for all our financial needs.
Yes, profitable. Even just hold it. For people who are super busy but interested in good opportunities owned by bitcoin, certainly hold's option. My advice, will be more profitable if we learn to trade, so we can make bitcoin grow faster.
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