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Topic: Is Holding Bitcoin a long time good way to make money? - page 55. (Read 368917 times)

hero member
Activity: 504
Merit: 500

Holding your bitcoin is a good way of preparing yourself for the future of digital currency. It is a good way since you will be able to withdraw it when bitcoin has reached it's peak price but sometimes holding it too much prevents you from learning how to be a practical bitcoin earner. For me, investing is also good and is risky but it is also a good way to grow your bitcoin. Learning how to be a trader (skilled one) is sometimes better than just waiting. For me, being a trader is also being business minded and growing bitcoin is a really good business.
holding bitcoin for a long time require a good patient and if you have that patient then long term investment is really a good way of making money, where you minimize the risk of losing money, because in long term investment we do not much care about the little pump and dump, although some people have good experience in short term investment but they  have strong decision power, they know the market nature too much. and they can even get good profit from there.
hero member
Activity: 3080
Merit: 603
it is. It will always a good way of making money and you can see that the prices have been increased almost 10000000% since 2008. If someone holds 1000 bitcoins from that time, he will be rich nowadays

There are people that are even holding thousands of bitcoins and yet they are still earning bitcoins so for sure they are already rich by now. And yes it will always be a good way of making money if you will do holding of bitcoins for a long time. I'm always optimistic when I'm holding my bitcoins because sometimes there are decreases.
hero member
Activity: 966
Merit: 507
This bitcoin ecosystem is so unpredictable that we can't foresee with full accuracy what will happen with this coin in a long term. Holding bitcoins was a great investment five years ago, but at this point when the market is evolving so quickly, risks are also gradually increasing and perhaps it is not so bad idea to diversify our risks through selling some coins and holding most of them.
hero member
Activity: 1204
Merit: 545

Holding your bitcoin is a good way of preparing yourself for the future of digital currency. It is a good way since you will be able to withdraw it when bitcoin has reached it's peak price but sometimes holding it too much prevents you from learning how to be a practical bitcoin earner. For me, investing is also good and is risky but it is also a good way to grow your bitcoin. Learning how to be a trader (skilled one) is sometimes better than just waiting. For me, being a trader is also being business minded and growing bitcoin is a really good business.
Yes, it is a good way to prepare for the new change and new technology in the future which will all base on the cyber. Bitcoin and cryptocurrency will play an important role in this system and if you do not know anything about it, you will lose a lot of chance to make more money
sr. member
Activity: 588
Merit: 250

Holding your bitcoin is a good way of preparing yourself for the future of digital currency. It is a good way since you will be able to withdraw it when bitcoin has reached it's peak price but sometimes holding it too much prevents you from learning how to be a practical bitcoin earner. For me, investing is also good and is risky but it is also a good way to grow your bitcoin. Learning how to be a trader (skilled one) is sometimes better than just waiting. For me, being a trader is also being business minded and growing bitcoin is a really good business.
newbie
Activity: 56
Merit: 0
Holding bitcoin is good because its like your saving in a business.
Just like you kept it in a long time
That when bitcoin increase  the price  you earn 3times or more than your capital.
If you are a business minded its better to hold then sell it at the right time.
So that i will gain more than money i expect.
sr. member
Activity: 253
Merit: 250
Many people who have kept their coins long enough must be very happy now. The price is running high and even those who have bought Bitcoins above 1000$ have made very nice profit. And not to mention the early adopters. So, long term Bitcoin is very worth and profitable investment, so don't hesitate.
That is why buying bitcoins now and keeping them for long term is the best option as of now especially the price of bitcoin is dumping now and that is a great buying opportunity for us to buy and hodl bitcoin for long term. Bitcoin is one of the fastest growing currency and just at least 3 months you can earn up to x2 of your capital.
When you can hold longer that is better but if you will sell it right away as soon as you have the price then you will just earn a little amount or you will panic when the price fall down hard. For long term investors, better not be bothered by price volatility as it would not help you reach your goal, just don't monitor much, instead just trust that the system is gonna be successful in the future.

Agree with your opinion. Let bitcoin as a savings for our future. No need to worry about current price, up and down. But look later, when almost everyone in the world knows bitcoin. Fantastic prices definitely happen to bitcoin. I am one of bitcoin holder since $500. And managed to survive up to $1700. Patience holding always gives the best.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Many people who have kept their coins long enough must be very happy now. The price is running high and even those who have bought Bitcoins above 1000$ have made very nice profit. And not to mention the early adopters. So, long term Bitcoin is very worth and profitable investment, so don't hesitate.
That is why buying bitcoins now and keeping them for long term is the best option as of now especially the price of bitcoin is dumping now and that is a great buying opportunity for us to buy and hodl bitcoin for long term. Bitcoin is one of the fastest growing currency and just at least 3 months you can earn up to x2 of your capital.
When you can hold longer that is better but if you will sell it right away as soon as you have the price then you will just earn a little amount or you will panic when the price fall down hard. For long term investors, better not be bothered by price volatility as it would not help you reach your goal, just don't monitor much, instead just trust that the system is gonna be successful in the future.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Many people who have kept their coins long enough must be very happy now. The price is running high and even those who have bought Bitcoins above 1000$ have made very nice profit. And not to mention the early adopters. So, long term Bitcoin is very worth and profitable investment, so don't hesitate.
That is why buying bitcoins now and keeping them for long term is the best option as of now especially the price of bitcoin is dumping now and that is a great buying opportunity for us to buy and hodl bitcoin for long term. Bitcoin is one of the fastest growing currency and just at least 3 months you can earn up to x2 of your capital.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Many people who have kept their coins long enough must be very happy now. The price is running high and even those who have bought Bitcoins above 1000$ have made very nice profit. And not to mention the early adopters. So, long term Bitcoin is very worth and profitable investment, so don't hesitate.
hero member
Activity: 1204
Merit: 545
it is. It will always a good way of making money and you can see that the prices have been increased almost 10000000% since 2008. If someone holds 1000 bitcoins from that time, he will be rich nowadays
newbie
Activity: 1
Merit: 0
Bought the first coins in 2011 around 3$, where unsure, young, did not really got into the game and invest time, just trade them over the years with more or less small profits, felt lucky and sold them finally in times of fear. Didn't hold 1 Coin left, stopped a while and after checking the prices a couple of weeks ago I still want to smash my head against walls Smiley

So, from now on my strategy is clear. The feeling I have from what I know and see is the same I had 6 years ago. Unsure, but worth the risk. Even better, because I really begin to understand know how what bitcoins are, except from earning money. Now got enough trust over the years to spend everything I don't need for living and can lose in bitcoins ( ~ 80% / 20 Altcoins) and -hold- the most amount this time. I'm ready for the next 6 years. In meantime I have time to do better research, watch the market.. trade little amounts.. and will resist the temptation trading to much and selling to fast. When you lose it all but still can say to yourself, I really thought about it and this way felt totally right, I don't regret.. than it's a good base for your strategy I think. That's what I learned for the future. Good luck guys!
newbie
Activity: 58
Merit: 0
i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
Yeah, trading with altcoins for USD and BTC is quite profitable. One thing need to be known before generating a buy or sell order is the picking out the right coin in the peak move. Else need to wait holding good amount in fiat, so than on a dip can buy good number of bitcoin and hold for a better profiting after years.

do you have recommendation for good coins now?
hero member
Activity: 994
Merit: 502
i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
Yeah, trading with altcoins for USD and BTC is quite profitable. One thing need to be known before generating a buy or sell order is the picking out the right coin in the peak move. Else need to wait holding good amount in fiat, so than on a dip can buy good number of bitcoin and hold for a better profiting after years.
legendary
Activity: 2758
Merit: 1228
i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
Holding a coin is just risky if you don't know anything about the coin and you don't know what are the things that will happen in that coin in short, you don't have any information. Holding a coin can be risky also if you just hold it for short term and not long term because short term are very volatile to the price and you will get more chances to loss rather than to earn.

Yeah thats why we need to be more informative about on the coin we are going to stake but as you can see on what is happening on bitcoins right now the price is totally huge and to lucky for those people who bought from 300$ and beyond since they accumulated such huge profits from it already and maybe they will earn more if they stake longer from it. But i think theres only few people who are staking for that level since there are various things happens that made confusion thats why for the past months price of bitcoins has go down and im pretty sure many people sold their btc when bitfinnex hacking issue occured at that time.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
Holding a coin is just risky if you don't know anything about the coin and you don't know what are the things that will happen in that coin in short, you don't have any information. Holding a coin can be risky also if you just hold it for short term and not long term because short term are very volatile to the price and you will get more chances to loss rather than to earn.
sr. member
Activity: 882
Merit: 258
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i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
hero member
Activity: 3052
Merit: 651
If you would have bought 4 years ago, it would have been a long time good way to make money. Even if you would have bought few weeks ago, you would  have made a nice catch.

Even just a week ago or 3 days ago there is still profit.
You wont see anything like this with other commodities.
That is why having bitcoin is mandatory for me now. Without it I feel like I am being left behind.
Even looking at altcoins they just move a little with a long time span.
Even gold is stucked with just $1200 - 1290. Way to different with how the bitcoin moves. He could try to compare it if he want to.
Maybe that will open some senses to other people too with introducing the difference.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
For me holding bitcoin is good.Because you can save more bitcoin to invest in future.
Once the bitcoin price increase its like you won a game.
Holding long time is like saving.I never lose,but gaining.
I have posibilities to prosper,I just wait the right time to sold my bitcoin.

Bitcoin is a good investment. We place the savings on the bitcoin, which gives a better gain than bank. In fact, we can use bitcoins any time and anywhere.

I am optimistic yes. Holding bitcoin for a long time is one great way to make money. Current bitcoin price, for example, is profit of bitcoin holders some time before.
Indeed although the price of bitcoin is volatile, currently the value is really good to hold your bitcoin. probably you will earn money although it has risk so you should be prepared for that. imo holding your btc for long term is profitable, you just need more patient to be able to do that.

You can double your profit by not holding your BTC if you invest to some other altcoin like WAVES. Think about how ethereum got that huge.
Platforms like WAVES and ETH and same as Lisk and NEM, they are going to be huge in years. ITs where your investment should go.
Yes it is better to invest in altcoins rather than holding bitcoin for long term because there is no assurance that we can get at least double profit from holding bitcoin because we don't know what will happen in the next months or years so it is better to just invest on promising altcoins that are available in the market and monitor them and watch you money grow faster than holding bitcoin.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
For me holding bitcoin is good.Because you can save more bitcoin to invest in future.
Once the bitcoin price increase its like you won a game.
Holding long time is like saving.I never lose,but gaining.
I have posibilities to prosper,I just wait the right time to sold my bitcoin.

Bitcoin is a good investment. We place the savings on the bitcoin, which gives a better gain than bank. In fact, we can use bitcoins any time and anywhere.

I am optimistic yes. Holding bitcoin for a long time is one great way to make money. Current bitcoin price, for example, is profit of bitcoin holders some time before.
Indeed although the price of bitcoin is volatile, currently the value is really good to hold your bitcoin. probably you will earn money although it has risk so you should be prepared for that. imo holding your btc for long term is profitable, you just need more patient to be able to do that.

You can double your profit by not holding your BTC if you invest to some other altcoin like WAVES. Think about how ethereum got that huge.
Platforms like WAVES and ETH and same as Lisk and NEM, they are going to be huge in years. ITs where your investment should go.
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