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Topic: Is Holding Bitcoin a long time good way to make money? - page 44. (Read 368872 times)

legendary
Activity: 938
Merit: 1002
to me I think both long term investment and short term investment have their own benefit. short term investment is good that if you have limited amount of money, you can make decent profit from it. and  long term investment is good for those people who do not have good experience in trading. but for long term investment you need to invest a good amount of money, because waiting for small investment for a long time is not much more profitable. you need to invest a good amount of money for long term.
Yeah, for a long term investment you require a huge capital to invest, if you invest small amount of capital for a long term it may not be much effective for your financial growth because of the time value of money. The huge investments can overcome the time value of money but expecting it from a short term is not a wise decision because they cannot resist the inflation in the GPL.
pey
sr. member
Activity: 546
Merit: 251
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No, we can't know this, even if some reputable people constantly say that bitcoin will be $xx, in the yy ... it is clear that nobody knows anything in this market. More importantly, don't invest more than you can afford to lose especially in this market.
hero member
Activity: 3080
Merit: 603
Definately holding bitcoin for long term is the good way to earn or make your money. And you can try also holding eth for make money like btc

It is good to hold for longer term but as you are holding and if you are seeing the price of bitcoin starts to decrease that will make you disappoint. And if you have a weak heart you will even try to sell some of it but still the most patient ones are those going to get a good benefit from holding their bitcoin for a long time frame.
yes I will also prefer bitcoin for a long time. in fact long term investment is more safer thant short term investment. in short term investment some time we trape by panic selling and start selling our bitcoin even on lost. but in long term investment we do not care for a little downfall. but remain confident and hold bitcoin without any panit which really pretect us from great lost.

We can't stop and avoid the chance when people will start to make a noise that will lead to panic selling. And it's up to you if you will do the same thing but yes holding bitcoin will always be the best move for now because if you understand the movement of bitcoin, you will be confident that you are holding for better.
newbie
Activity: 65
Merit: 0
People who bought bitcoins in the last year and who have holded them till this time have made good profits so if we buy them even now and manage to hold for next couple of years then we can make really good profits in future.

I think the long term price of bitcoin will rise. Holding might be more profitable than trading a lot.
hero member
Activity: 3052
Merit: 685
Definately holding bitcoin for long term is the good way to earn or make your money. And you can try also holding eth for make money like btc

It is good to hold for longer term but as you are holding and if you are seeing the price of bitcoin starts to decrease that will make you disappoint. And if you have a weak heart you will even try to sell some of it but still the most patient ones are those going to get a good benefit from holding their bitcoin for a long time frame.
yes I will also prefer bitcoin for a long time. in fact long term investment is more safer thant short term investment. in short term investment some time we trape by panic selling and start selling our bitcoin even on lost. but in long term investment we do not care for a little downfall. but remain confident and hold bitcoin without any panit which really pretect us from great lost.
Well, whatever makes you comfortable, you go with it. For me, I have both long term and short term investment for bitcoin because I do not want to miss the opportunity to make money actively. I enjoy doing day trades and I would have stop this if it's not working for me, also I have my long term because I believe it will continue the progress and with that happening I will also enjoy the value of my bitcoin growing its value.
MMA
legendary
Activity: 1134
Merit: 1000
Definately holding bitcoin for long term is the good way to earn or make your money. And you can try also holding eth for make money like btc

It is good to hold for longer term but as you are holding and if you are seeing the price of bitcoin starts to decrease that will make you disappoint. And if you have a weak heart you will even try to sell some of it but still the most patient ones are those going to get a good benefit from holding their bitcoin for a long time frame.
yes I will also prefer bitcoin for a long time. in fact long term investment is more safer thant short term investment. in short term investment some time we trape by panic selling and start selling our bitcoin even on lost. but in long term investment we do not care for a little downfall. but remain confident and hold bitcoin without any panit which really pretect us from great lost.
hero member
Activity: 3080
Merit: 603
Definately holding bitcoin for long term is the good way to earn or make your money. And you can try also holding eth for make money like btc

It is good to hold for longer term but as you are holding and if you are seeing the price of bitcoin starts to decrease that will make you disappoint. And if you have a weak heart you will even try to sell some of it but still the most patient ones are those going to get a good benefit from holding their bitcoin for a long time frame.
legendary
Activity: 882
Merit: 1000
I think holding bitcoin still profitable, bitcoin price in future i am sure will be much higher than at present. And if dare to be more aggressive maybe by trading we will get more bitcoin.

I agree, holding bitcoin is good way to make money since its value is increasing from time to time. And yes trading will be a good source of money too just be sure you know how to trade so that you will not get a negative portfolio.

I'm just wondering if holding bitcoin is the best way to go, or if holding an altcoin temporarily is better? for example, alt coins double and triple easily, and so when you sell...you've suddenly got 2 or 3 btc instead of having ur 1 btc go to 1.2 btc....does this make sense?

I agree. Keeping it in alts is far more better. Just diversify to bitcoin and some alts to make is more secure and better.

Well if you're comfomrtable with dealing with altcoins for shorter trades then good for you. Some people are good in anticipating the best entry and exit points in trade through some way and if you're one of those skilled traders then it doesn't matter whether you're holding btc or alts. For though, at he moment, its safer to hold on to btcs as the road to profit is pretty clear.
Yes, I agree this is good to go for short trade with the Alts. The Alts are doing a great job at the moment because they have more chances to grow faster and one can start with a low capital investment in the Alts easily but the bitcoin cannot be that much easily traded because it needs a huge investment and it is not possible for all the users to go for this trade.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
Definately holding bitcoin for long term is the good way to earn or make your money. And you can try also holding eth for make money like btc
legendary
Activity: 1092
Merit: 1000
Everyone in this forum is optimistic about the bright future bitcoin. Saving bitcoin makes us have chance to enjoy 'great cakes' in the future.
It is 100% correct that is why everyone is telling like the Bitcoin is our future currency. Today the Bitcoin price went tip of $3000 and came down. I hope today or tomorrow I am sure the price will cross $3000. If it happened then, it is good news for many bitcoin users. Many people are waiting for this movement to sell their coins. Suppose if we hold our bitcoins long time we will make a big profit.
sr. member
Activity: 665
Merit: 250
Everyone in this forum is optimistic about the bright future bitcoin. Saving bitcoin makes us have chance to enjoy 'great cakes' in the future.
sr. member
Activity: 630
Merit: 251
Bitcoin is very potential to have a huge value in the future, I'm optimistic save bitcoin will give us big profits later like well as gold. bitcoin will more than $5k in future.
yes you are right that holding bitcoin will be give to a very profitable so you earn those bitcoin can save or hold for future because the price of bitcoin will be very high in future and day to day its price is going to rise and more that time is very best to invest money in bitcoin because its price goiing to rise therefore in future you will have a very high amount of money.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)

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?

Sum this thread up it is always good even if you bought high at the time because in the long run heck could even call this the short term 2-4 year period the people who held on to their BTC at the 200-300 range are laughing all the way to the bank. And the people who bought at $600 to $1000 if they just kept holding are up and way into the green and also on their way to the bank. So that justifies HODL is a good way to go.
hero member
Activity: 1190
Merit: 534
My advice would be to hold at least some of your earnings in bitcoin and only invest and speculate on a portion of your Bitcoin holding. Bitcoin is also appreciating all the time so keep some of your portfolio in Bitcoin as well as other investments or digital currencies

Agree with this one. It would be a worth deal if someone is willing to hold bitcoins for the long term because there will be huge volatility in the price of bitcoin but when it comes to the long term (5 to 15 years), I see a great potential of the bitcoin and I am sure it will be at least worth 50X more than what it is worth today. One can go with trading in the volatility to increase their bitcoin holdings.
hero member
Activity: 1036
Merit: 504
My advice would be to hold at least some of your earnings in bitcoin and only invest and speculate on a portion of your Bitcoin holding. Bitcoin is also appreciating all the time so keep some of your portfolio in Bitcoin as well as other investments or digital currencies.
hero member
Activity: 1022
Merit: 521
Absolutely right, by keeping bitcoin we still have potential to earn tremendous value in future. And if we want to be a little aggressive in growing bitcoin we have, maybe trading is an good option.
Trading is a good option only for traders for normal people trading is not a good option because if a non skilled person will start trade then he will not know anything about the market and will not know about the price trend of any coin and maybe he will lose all of his money. So better is that if a person is not trader by profession then he have to hold for future.
sr. member
Activity: 440
Merit: 250
I think holding bitcoin still profitable, bitcoin price in future i am sure will be much higher than at present. And if dare to be more aggressive maybe by trading we will get more bitcoin.

I agree, holding bitcoin is good way to make money since its value is increasing from time to time. And yes trading will be a good source of money too just be sure you know how to trade so that you will not get a negative portfolio.

I'm just wondering if holding bitcoin is the best way to go, or if holding an altcoin temporarily is better? for example, alt coins double and triple easily, and so when you sell...you've suddenly got 2 or 3 btc instead of having ur 1 btc go to 1.2 btc....does this make sense?

I agree. Keeping it in alts is far more better. Just diversify to bitcoin and some alts to make is more secure and better.

Well if you're comfomrtable with dealing with altcoins for shorter trades then good for you. Some people are good in anticipating the best entry and exit points in trade through some way and if you're one of those skilled traders then it doesn't matter whether you're holding btc or alts. For though, at he moment, its safer to hold on to btcs as the road to profit is pretty clear.
to me I think both long term investment and short term investment have their own benefit. short term investment is good that if you have limited amount of money, you can make decent profit from it. and  long term investment is good for those people who do not have good experience in trading. but for long term investment you need to invest a good amount of money, because waiting for small investment for a long time is not much more profitable. you need to invest a good amount of money for long term.
and specially in current position when the price of bitcoin is already trading at high price, where the price can take a little correction and can drop a little for some time. so in such situation long term investment will be less risky as compare to long term investment. to me am also a good investor in stock market and even there I have the same strategy to invest money for long time which also protect me there from a big lost
hero member
Activity: 588
Merit: 500
I think holding bitcoin still profitable, bitcoin price in future i am sure will be much higher than at present. And if dare to be more aggressive maybe by trading we will get more bitcoin.

I agree, holding bitcoin is good way to make money since its value is increasing from time to time. And yes trading will be a good source of money too just be sure you know how to trade so that you will not get a negative portfolio.

I'm just wondering if holding bitcoin is the best way to go, or if holding an altcoin temporarily is better? for example, alt coins double and triple easily, and so when you sell...you've suddenly got 2 or 3 btc instead of having ur 1 btc go to 1.2 btc....does this make sense?

I agree. Keeping it in alts is far more better. Just diversify to bitcoin and some alts to make is more secure and better.

Well if you're comfomrtable with dealing with altcoins for shorter trades then good for you. Some people are good in anticipating the best entry and exit points in trade through some way and if you're one of those skilled traders then it doesn't matter whether you're holding btc or alts. For though, at he moment, its safer to hold on to btcs as the road to profit is pretty clear.
to me I think both long term investment and short term investment have their own benefit. short term investment is good that if you have limited amount of money, you can make decent profit from it. and  long term investment is good for those people who do not have good experience in trading. but for long term investment you need to invest a good amount of money, because waiting for small investment for a long time is not much more profitable. you need to invest a good amount of money for long term.
full member
Activity: 137
Merit: 100
Absolutely right, by keeping bitcoin we still have potential to earn tremendous value in future. And if we want to be a little aggressive in growing bitcoin we have, maybe trading is an good option.
The point is to invest in Bitcoin and get good profits in the future, then you need to be more confident in Bitcoin. This will only suit a very aggressive user who knows what he is doing. Most at the slightest price fluctuations always sell. So it's a matter of time.
sr. member
Activity: 1218
Merit: 254
Trphy.io
Absolutely right, by keeping bitcoin we still have potential to earn tremendous value in future. And if we want to be a little aggressive in growing bitcoin we have, maybe trading is an good option.
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