Is Holding Bitcoin a long time good way to make money? - page 45.

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Quote from: cryptogeek101 on June 09, 2017, 11:08:30 AM

For me it's not the best strategy because I can trade my bitcoin in an exchange with other Crypto coins and make more money faster than holding it. That's what we call "velocity of money". I don't like hoarding anything including bitcoin. I love my money to working for me fast.

How about those people that doesn't prefer to exchange and they are satisfied by just holding their bitcoins through their cold wallets or any storage they prefer. They are saving a lot of time and they are busy with other things so for me holding is a good way to make money and you will see it's good result in the future.

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For me it's not the best strategy because I can trade my bitcoin in an exchange with other Crypto coins and make more money faster than holding it. That's what we call "velocity of money". I don't like hoarding anything including bitcoin. I love my money to working for me fast.

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Quote from: Makka on June 06, 2017, 11:54:43 AM

Quote from: SonnetStar on June 06, 2017, 11:42:36 AM

Quote from: Soranith on June 06, 2017, 08:28:58 AM

Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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.

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Quote from: geegaw on June 06, 2017, 10:38:13 AM

Quote from: BunnyShibe on June 06, 2017, 10:16:54 AM

Quote from: ronaldo40 on June 06, 2017, 08:50:51 AM

Quote from: Soranith on June 06, 2017, 08:28:58 AM

Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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.

We could see the price of bitcoin from year to year continues to increase. so hold the bitcoin for the long term is an excellent investment.
and day trading is also good to make a profit if you are really good in analyzing price movements bitcoin or altcoin.

yes that is very right. holing the price of bitcoin in the present time can be more profitable. the price of bitcoin is really too much bullish, every investor is confident about the price of bitcoin, and we can see the trend from the very start of the year that it is increasing continuously. i will also suggest that those people who have not yet do any investment they still have time to invest money in bitcoin and make more and get a chance of making money there.

The evidence is that the price of bitcoin is increasing rapidly and reaching $ 2,860 today, if we continue to hold bitcoin, we will definitely get more profit than that. However that is only good for those who have many Bitcoin and do not have time for trading, if we do not have too much bitcoin, we should invest to earn more bitcoin and I think investing in altcoin is the best way altcoin it has risky but the profit can bring us is huge. We should not be too focused on holding the bitcoin and forget about the money making opportunities

yes no doubt that currently the price of bitcoin is increasing so rapidly, and if the present trend of bitcoin will continue then i am sure that after some time it will give me a good profit. therefore i will also say that holding bitcoin for the price increase is really the best idea in current situation. i myself planning how to correct more and more bitcoin and then hold it for a long time because it is expected that bitcoin price will continue increasing for a long time.

Makka

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Quote from: SonnetStar on June 06, 2017, 11:42:36 AM

Quote from: Soranith on June 06, 2017, 08:28:58 AM

Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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.

SonnetStar

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Quote from: Soranith on June 06, 2017, 08:28:58 AM

Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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?

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Quote from: Amph on June 30, 2015, 02:51:26 PM

you're indeed right, bitcoin feel much less risky now than when it was at 600-1200, and not only because the price is lower, but especially because we are in this range for a very long time, this is what you should look about

the more we stay in this range the more this floor will be consolidated, and the more hard will be to decline under it

a slowly rise like this could permit to build solid floors while we rise, instead when you have a tremendous pump like that of 1200, you should ALWAYS foresee a crash with an equal power

Yes it is. I also think like you now because there are many choice to start on a trading. And there is also many ways to do it, but before that one should also find a way to have a source of bitcoin before on starting a trading and for me the best way to earn bitcoin is through signature campaign where you have to post to earn and then if you earn bitcoin you can used it as a capital for you to start a simple or a large scale trading then while you are posting to the forum you could also gain different ideas and knowledge about bitcoin and bitcoin trading.

panganib999

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Quote from: desticy on July 03, 2015, 04:37:35 AM

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

Just been hoarding my bitcoin all up from the start and yes it is one of the best investments. But my tactic is when the price of bitcoin rises up i always took the opportunity to convert some of my bitcoin into my country's currency and repeats it until my bitcoin goes back to it's original value. I think it is one of the best way or i must say practical way if you don't wanna risk in doing tradings or joining gambling.

geegaw

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Quote from: BunnyShibe on June 06, 2017, 10:16:54 AM

Quote from: ronaldo40 on June 06, 2017, 08:50:51 AM

Quote from: Soranith on June 06, 2017, 08:28:58 AM

Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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.

We could see the price of bitcoin from year to year continues to increase. so hold the bitcoin for the long term is an excellent investment.
and day trading is also good to make a profit if you are really good in analyzing price movements bitcoin or altcoin.

yes that is very right. holing the price of bitcoin in the present time can be more profitable. the price of bitcoin is really too much bullish, every investor is confident about the price of bitcoin, and we can see the trend from the very start of the year that it is increasing continuously. i will also suggest that those people who have not yet do any investment they still have time to invest money in bitcoin and make more and get a chance of making money there.

The evidence is that the price of bitcoin is increasing rapidly and reaching $ 2,860 today, if we continue to hold bitcoin, we will definitely get more profit than that. However that is only good for those who have many Bitcoin and do not have time for trading, if we do not have too much bitcoin, we should invest to earn more bitcoin and I think investing in altcoin is the best way altcoin it has risky but the profit can bring us is huge. We should not be too focused on holding the bitcoin and forget about the money making opportunities

Black House Up

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It depends on the current price and the situation.

If the price now suddenly rockets up to $12,000 per Bitcoin, you shouldn't try holding it for a long time, as you know it will probably drop.
If the price now suddenly drops down to $200 per Bitcoin, you should try holding it for a long time, as you know it will probably rise.

That's how easy it is! Buy low, Sell high! Shocked

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Quote from: ronaldo40 on June 06, 2017, 08:50:51 AM

Quote from: Soranith on June 06, 2017, 08:28:58 AM

Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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.

We could see the price of bitcoin from year to year continues to increase. so hold the bitcoin for the long term is an excellent investment.
and day trading is also good to make a profit if you are really good in analyzing price movements bitcoin or altcoin.

yes that is very right. holing the price of bitcoin in the present time can be more profitable. the price of bitcoin is really too much bullish, every investor is confident about the price of bitcoin, and we can see the trend from the very start of the year that it is increasing continuously. i will also suggest that those people who have not yet do any investment they still have time to invest money in bitcoin and make more and get a chance of making money there.

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Quote from: Soranith on June 06, 2017, 08:28:58 AM

Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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.

We could see the price of bitcoin from year to year continues to increase. so hold the bitcoin for the long term is an excellent investment.
and day trading is also good to make a profit if you are really good in analyzing price movements bitcoin or altcoin.

Soranith

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Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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.

choppork

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Quote from: KennyR on June 05, 2017, 07:47:26 AM

Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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.

Trading could get you good profit in a short, else when one is not interested to take risk anymore holding is the wise decision to be done. Holding gives the assurance of profiting, but the patience must be there because in between price increase and decrease happens creating a panic. Users need to ignore it and hold for a better profiting.

Not at all, especially in the altcoin market. Holding for too long can make you end up holding a crap coin. The same thing can happen to bitcoins. Bitcoin can go obsolete a new coin comes in with that precious lightning network. It gives us real time confirmations. This is something that's never going to ever happen again to bitcoins unless they adopt the lightning network as well.

The investors from 2013 can hold for 3 years and still end up having negative profits. Bitcoin was $1200 in 2013 and then it was $200 in 2015. It's only this year when the 2013 investors could have made profits if they hold long enough, which I'm pretty sure most of them didn't. The chart from 2013 to 2015 is just so downhill that everyone would think that bitcoin is a bad investment.

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Quote from: buxlover on September 15, 2016, 06:17:42 PM

If the Bitcoin's price increase with time as expected so holding Bitcoin a long time worth this, but if the prices get down for any reason we will lose,. i think its depending in the future prices..

but isn't bitcoin is currency so 1 btc will be always 1 btc, unfortunately we don't look in that way, we just want fiat currency so we calculate profit and loss in fiat currency only. so bitcoin became an investment for many

Even the price goes down we still don't need to worry about because it will increase again. Just like what happen into bitcoin before,its been many times that has been dump the price value, but still recovered and now is its 2550$.

nmaryrai

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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.

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Dump it!!!

Quote from: Magkirap on June 04, 2017, 10:31:15 PM

Quote from: ?? on ??

So far it was best way to hold it. The problem is that no one knows what will happen in future, as you know there is no 100% sure investment.

Agreed. You can not be 100% sure about your investment that a profit will come your way but if you do not try don't expect your money to grow magically.

Quote from: ?? on ??

It could rise more, it could decrease, something could happen with bitcoin itself, laws could prohibit it, etc..

Quote from: Magkirap on June 04, 2017, 10:31:15 PM

Everything is a risk. That's why only invest what you can afford to lose. In my opinion, to eliminate those risk, thou must also invest in altcoins so that if bitcoin dumps, you still have an altcoins that can make your recover from the loss you have got from one investment.

And the good part of investing(holding) in bitcoins is they are low risk unlike most assets or services but hoping that altcoins will absorb your
bitcoin losses is a gamble

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Quote from: sidrab14 on April 15, 2016, 05:12:00 AM

Quote from: AlexBits on April 14, 2016, 03:06:06 PM

No that is only good to save some money, if you want to make money and you are holding for a price increase than you can do many things instead of waiting.
You can gamble or the best thing that you can do is trading so you can earn some a little bit money with it and that is good enough.

holding anything who have abig value,its a good way to make money. always.

The bitcoin situation now is become a big impact to everyone because of its price increases every week or sometimes every month. No one can stop from its increased value. So, my answer is Yes, holding bitcoin in a very very long time it's a good choice to grow your money, can you see coins or paper money on the street? I think rarely or sometimes it's never. It is hard to earn money in our age today because of the worst situation of our economy. We stint from expenses, we need it to! to live longer and lasting. If you don't have enough money, you are worthless from anyone.

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Quote from: dasana212 on June 05, 2017, 03:54:51 AM

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.

Trading could get you good profit in a short, else when one is not interested to take risk anymore holding is the wise decision to be done. Holding gives the assurance of profiting, but the patience must be there because in between price increase and decrease happens creating a panic. Users need to ignore it and hold for a better profiting.

BitHodler

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Quote from: ?? on ??

So far it was best way to hold it. The problem is that no one knows what will happen in future, as you know there is no 100% sure investment. It could rise more, it could decrease, something could happen with bitcoin itself, laws could prohibit it, etc..

Bitcoin sentiment is stronger than ever. It's not for nothing that there have been countries that legalized Bitcoin recently.

You don't have to worry about countries that will put all kinds of regulations in place to hold back Bitcoin. Look at China, they have been marked as the main country when it comes to Bitcoin in various aspects.

After the regulations there the west has taken over, and even other Asian countries. There is really no need to worry about laws that may or may not prohibit the use of Bitcoin.

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