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Topic: Is Holding Bitcoin a long time good way to make money? - page 50. (Read 368872 times)

hero member
Activity: 1008
Merit: 540
Holding proved that can make a good money just by holding your bitcoin and waiting for the price to become up you can't tell when the price is going up or down but to be honest bitcoin price is rising no matter what happens if you want too buy bitcoin in hawaii that worth $1500 and sell it from exchange that has $2000 dollars or more price.
legendary
Activity: 3080
Merit: 1353
As the current market rates fluctuates daily but as on weekends they fluctuates about 15dollars  so you can flip your bitcoins at weekends.
And, no holding your bitcoins for long is not a very good idea, you can trade them for other altcoins and then trade them back to btc after their incereased value, basically buy low and sell high.

yeap that the write thing to do with ur btc Smiley
Holding your Bitcoin for a long time it will give profit or not I don't know. But one thing I will tell you to know you don't sell your coins holds it in your wallet. BTC price is only increasing no decreasing from last one month so wait few more weeks let's see where it will reach. Last week I got around 0.04 BTC. I thought to sell, but I decided to wait for one week now the price is double.

But by the look of the current price, holding bitcoin is a good way to make money, big money. That's why if there are early adopters of bitcoin, they are sure bet that they are very very happy with the current price. Maybe some of they are instant millionaires now, because they trusted bitcoin and hold it for as long as they can. I know that no one is really sure what the price of bitcoin will be, but if you money that you are willing to lose, just invest it and see what happen 1 year from now.
legendary
Activity: 1456
Merit: 1005
As the current market rates fluctuates daily but as on weekends they fluctuates about 15dollars  so you can flip your bitcoins at weekends.
And, no holding your bitcoins for long is not a very good idea, you can trade them for other altcoins and then trade them back to btc after their incereased value, basically buy low and sell high.

yeap that the write thing to do with ur btc Smiley
Holding your Bitcoin for a long time it will give profit or not I don't know. But one thing I will tell you to know you don't sell your coins holds it in your wallet. BTC price is only increasing no decreasing from last one month so wait few more weeks let's see where it will reach. Last week I got around 0.04 BTC. I thought to sell, but I decided to wait for one week now the price is double.
sr. member
Activity: 812
Merit: 250
As the current market rates fluctuates daily but as on weekends they fluctuates about 15dollars  so you can flip your bitcoins at weekends.
And, no holding your bitcoins for long is not a very good idea, you can trade them for other altcoins and then trade them back to btc after their incereased value, basically buy low and sell high.

yeap that the write thing to do with ur btc Smiley
sr. member
Activity: 518
Merit: 250
Well holding BTC is hard especially when you are just depending on online wallets. Cold storage will do but place it in a secured and secret place to avoid it to be damage or to be stolen. A big yes for me. If you invest 100$ in BTC 7 years ago then you are a millionaire today, multi millionaire. Bitcoins price rose to least 400% since last year, there no doubt that holding BTC is a good way to earn money.
It's not the basis at all as we can not rely on the market's history in order to ascertain what will happen in the future. Currently, no one can certainly tell if holding is the best thing to do now as it's hard to give a statement if you don't know what's happening in the market. However, in my opinion it's better to hold now as there are big events might happen by september which is partnership woth segwit.
sr. member
Activity: 490
Merit: 250
Well holding BTC is hard especially when you are just depending on online wallets. Cold storage will do but place it in a secured and secret place to avoid it to be damage or to be stolen. A big yes for me. If you invest 100$ in BTC 7 years ago then you are a millionaire today, multi millionaire. Bitcoins price rose to least 400% since last year, there no doubt that holding BTC is a good way to earn money.
sr. member
Activity: 2198
Merit: 273
SecureShift.io | Crypto-Exchange
Yes, but it's high risk way to make money. You can also put on Margin Buy 1:1 to make BTC even further.
How can you say that holding bitcoin for a long time is a risky way to make money because i think that is not true and you can easily make money, a lot of money, when you hold it for long time and it is safer from margin or any kind of growing bitcoin because you don't need to risk it and you just need is to hold your bitcoin for a long time.

I try to understand the phrase "risk" with the understanding that if we just keep bitcoin without continuing to try to multiply it with some effort will be very risky when bitcoin falls very far beyond expectations. On the other side, it would be better if we face this risk with other risks including using margin in trading market, would be more profitable.
sr. member
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
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?
Well... If you have enough bitcoin you should hold it because as we experience bitcoins price is still increasing...holding your bitcoin will give you a high profit. However, if have no enough fund...it is better for it to run your bitcoin on trading or investment activities.
sr. member
Activity: 476
Merit: 250
Seeing from the current bitcoin price, I think bitcoin investing is very profitable. Cheesy
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Yes, but it's high risk way to make money. You can also put on Margin Buy 1:1 to make BTC even further.
How can you say that holding bitcoin for a long time is a risky way to make money because i think that is not true and you can easily make money, a lot of money, when you hold it for long time and it is safer from margin or any kind of growing bitcoin because you don't need to risk it and you just need is to hold your bitcoin for a long time.
legendary
Activity: 1008
Merit: 1060
Holding bitcoin for a long time is a good way to make money if and only if the price keep on increasing.  But sad price fluctuates. So i guess taking advantage of bitcoin price fluctuation is a better way to make money.  There are several members of these forum that can support what I said.

I surely would choose a market with price fluctuations but mostly in uptrend motion over a market that has its price keep on increasing but only on small increments. I think it depends on the pace. The downward movement every now and then doesn't necessarily slow down the increase of bitcoin's price. The price fluctuation is a good thing like you said. People can take advantage from it. But only those that "can". Not everyone can enter trading and then get out of the market with profit. Most of the time it's best if we simply just hold our bitcoins so we get as much profit as we deserve.
copper member
Activity: 1050
Merit: 500
Holding bitcoin for a long time is a good way to make money if and only if the price keep on increasing.  But sad price fluctuates. So i guess taking advantage of bitcoin price fluctuation is a better way to make money.  There are several members of these forum that can support what I said.
sr. member
Activity: 438
Merit: 266
Yes, but it's high risk way to make money. You can also put on Margin Buy 1:1 to make BTC even further.
full member
Activity: 361
Merit: 100
Nobody knows for sure about bitcoin in future but at least we have predictions about the progressivity of bitcoin.
By storing any bitcoin can certainly make money, because bitcoin has a fluctuating price.
Yeah I guess it is very good idea it is going to hit $2500 soon. We may see it today or tomorrow to happen it. It will be a great day for the Bitcoin users and investors. As it current price is $2200 this is quite a junky price. I love it; it means that I am almost there to reach my target.
The prediction is really cool but who knows what the price would be one week from now,we have not seen any correction even after a really huge rally and when can we expect a correction,i did expected a correction before touching  $2000 but the coin just kept moving forward without giving any clue.
legendary
Activity: 1176
Merit: 1024
Nobody knows for sure about bitcoin in future but at least we have predictions about the progressivity of bitcoin.
By storing any bitcoin can certainly make money, because bitcoin has a fluctuating price.
Yeah I guess it is very good idea it is going to hit $2500 soon. We may see it today or tomorrow to happen it. It will be a great day for the Bitcoin users and investors. As it current price is $2200 this is quite a junky price. I love it; it means that I am almost there to reach my target.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
Nobody knows for sure about bitcoin in future but at least we have predictions about the progressivity of bitcoin.
By storing any bitcoin can certainly make money, because bitcoin has a fluctuating price.

Why nobody knows sure about bitcoin future?
You can see we all are discussion a lot, because of bitcoin's future. I believe everyone know that bitcoin has bright future.
You can say nobody don't know about the future, but we can predict and planning about the good future, same like bitcoin, a lot of people are holding the bitcoin and do altcoin trading, because they know that in future we will be earned from them.

well I agree that we can't really be certain about how btc's price will unfold even in the nect couple of months but what's certain is that holding on for a long time to your btcs could've made a lot of people millionnaires if they did it from a couple of years back. you can earn from alt trading pretty well but holding for a long time can make miracles for you if done in the right time
sr. member
Activity: 994
Merit: 257
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?
Good times to buy, when bitcoin was 200 only now bitcoin has almost ten times that value in just a few years, it is amazing how fast things can change.
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
Nobody knows for sure about bitcoin in future but at least we have predictions about the progressivity of bitcoin.
By storing any bitcoin can certainly make money, because bitcoin has a fluctuating price.

Why nobody knows sure about bitcoin future?
You can see we all are discussion a lot, because of bitcoin's future. I believe everyone know that bitcoin has bright future.
You can say nobody don't know about the future, but we can predict and planning about the good future, same like bitcoin, a lot of people are holding the bitcoin and do altcoin trading, because they know that in future we will be earned from them.
newbie
Activity: 23
Merit: 0
Yes because the price sky rockets from time to time.
That's an amazing price this year
We cannot avoid that from happening, people believe on bitcoin and they bought it so the price went up,
normal thing and it is not a bubble anymore..
I know most of the people are planning to sell now, I would say not yet, hold longer, the price is not the ultimate ATH.

Looks like bitcoin will make us more surprised if now is not the highest price it's great
Better to hold the bitcoin first
What do you think is the highest price of bitcoin this year?
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Nobody knows for sure about bitcoin in future but at least we have predictions about the progressivity of bitcoin.
By storing any bitcoin can certainly make money, because bitcoin has a fluctuating price.
I was suggested by the long back bitcoin users to continue holding the bitcoin as much possible. This surely profits in a better way as well till date none have experienced big loss, just because of holding. The price increase between years is the proof for the same.
Holding is the best way to make a lot of profits especially if you have a lot of bitcoins because it is like win-win situation and you don't need to expect getting a loss because the chart says it all that bitcoin is the best option for long term investment and also the best way to make money easily in almost a safe way.
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