Topic: Is Holding Bitcoin a long time good way to make money? - page 53. (Read 368872 times)

I had no doubt that holding bitcoin in a long term was a good way of savings profit for the future.  This is very safe and secured if we do this things. And this is very proven and tested to other traders before that til now they are still doing it.

Maybe you should try to invest some of it and the other is keep it in your wallet so that you can save it. but holding it for a long time is not good for me. because it will not grow if you are just holding it. try to take a risk in trading and investment.

When it comes to bitcoin trading and investment, the only viable option is 'Altcoin Trading'. Now comparing Bitcoin holding with altcoin trading, I don't think there is much to say that altcoin trading is supremacy to holding. Rather if we see latest bitcoin prices, holding seems better option than speculating different cryptocurrencies. So I guess bitcoin holding is relatively better option with minimal danger of risk and fees.

Yes holding is a boring process to make profits as you never know how long you need to hold them to make huge profits from it so the best option would be to take some risk and invest some amount of bitcoins in trading where you always have an opportunity of making regular profits.

yes, bitcoin is a long term investment. many investors who invest way back 2013 has multiplied their investment doubled or tripled or much more. I know that theres a lot of space for bitcoins price improvement. so better invest now, it is not yet late. once china embraces bitcoin we could see a $10,000 per bitcoin.

Holding will likely make you the most money in the long term but obviously nothing in the short term. I believe in 2-5 years bitcoin will be worth multiples of what it is now so I think it'd be wise to save, but in the meantime you could try trading for profit. Risky to do this though.

Yes holding is the easiest way to make profits as people who have bought bitcoins couple of years back and who are still holding have made massive profits and if we manage to hold them for next few years then we can expect the same result in future too.

yes, bitcoin is a long term investment. many investors who invest way back 2013 has multiplied their investment doubled or tripled or much more. I know that theres a lot of space for bitcoins price improvement. so better invest now, it is not yet late. once china embraces bitcoin we could see a $10,000 per bitcoin.

Yes a lot of countries now are getting serious with bitcoin and they starting to slowly adopt bitcoin as a pure currency to their country and there is already few countries that are lined up for the possible adoption too which is a good news for the bitcoin and it can drive the price up to $2,000 easily or even $5,000 if we get lucky this year.

Not only japan bitcoin is drastically expanding in India and also and god knows secretly many people are realizing the opportunity in bitcoin.
It's better if you hold and buy as many bitcoin as your potential and just wait for it to hit 2000$ within few months or mostly 3000$ by end of this year.

The price can reach up to 2000$ because of the movement of Japan for bitcoin and its keep going up for the price and a lot of experts says that bitcoin could reach 2000$ before the year end and that is a good news for us because it came from the experts in bitcoin and if their prediction is wrong then it is alright because we can still make money by holding bitcoin for long term.

Based on the friends that I know and in my short-term experience in the world of bitcoin, it is actually a good way to make good profits on your money if you hold onto your bitcoins. It has been increasing its value year by year so its not impossible for you to make money just by holding it.

Holding bitcoin for a long time is a good strategy in earning because we always says that someday bitcoin value will rise veey high so that if that happens we will sell our bitcoin and earn a good profit. But I always think that how they will have income if their only holding their business bitcoins. I suggest to those who will hold their bitcoin in long term that they need to have a alternative source of income in able to have earnings even if they are waiting and holding their btc.

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?