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Topic: Is Holding Bitcoin a long time good way to make money? - page 58. (Read 368919 times)

hero member
Activity: 994
Merit: 502
If you make a comparison between the price of the last year same time with the current price, you'll understand what's the reality. A single year holding of a single coin has given a profit worth more than 1000$, so how about the benefits of holding more years than this.
newbie
Activity: 19
Merit: 0
when holding bitcoin then its demand sometime grow up and sometimes grow in ...its depending vitcoin market ..but if u growing up u r vitcoin u should hold long time ..because maximum time its demand grow up ..So its helpful for everyone.
hero member
Activity: 1022
Merit: 538
If everybody holds bitcoin and do not use it, bitcoin will be useless. So the price will drop to 0. We need to hold some and use most.
i do not think bitcoin will be useless when everyone will hold it when we hold our bitcoin then i think bitcoin bitcoin price will be more increase because then bitcoin demand will be increase.
i agree with you when we hold our bitcoin for high price then bitcoin price will be more increase to higher value because then demand will be increase and supply will be decrease then bitcoin price will be more rise and there is many people are using bitcoin as currency and some people are using bitcoin as investment .
hero member
Activity: 896
Merit: 514
If everybody holds bitcoin and do not use it, bitcoin will be useless. So the price will drop to 0. We need to hold some and use most.
i do not think bitcoin will be useless when everyone will hold it when we hold our bitcoin then i think bitcoin bitcoin price will be more increase because then bitcoin demand will be increase.
sr. member
Activity: 490
Merit: 250
If everybody holds bitcoin and do not use it, bitcoin will be useless. So the price will drop to 0. We need to hold some and use most.
hero member
Activity: 868
Merit: 504
I earn fewer bitcoins and as it is one of my sources of money, I have to sell it from time to time. For me holding BTC and other altcoins were profitable than to trade as I dont want to loose anything. So I guess holding them would be more profitable than taking a risk in earning more.
Good strategy, to get lose it more better invest other marketplace like trade, mining, etc. Though present statistics tell us the price of Bitcoin is so expensive, last couple of days it continuously upfront but we could not take risk if it's going to decreasing mood. I try to balance both of like little bit sell, some holding and rest of using in trade.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
I earn fewer bitcoins and as it is one of my sources of money, I have to sell it from time to time. For me holding BTC and other altcoins were profitable than to trade as I dont want to loose anything. So I guess holding them would be more profitable than taking a risk in earning more.
sr. member
Activity: 1218
Merit: 254
Trphy.io
For now, it seems that it will only gain a bit of profit if we hold bitcoins, unless we save them for mining. Because bitcoin prices are now very expensive.
sr. member
Activity: 1666
Merit: 426
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

One thing is very important, when the price is going down, you will not lose anything. You just need to make sure you don't sell your coins. As long as you don't sell them, you won't lose anything. It may feel like you are losing, but it's not the case.

you have a point though, if you dont sell your  bitcoin you would not suffer  such loss because  you didnt exchange it to fiat. As long as you hold it   you wont suffer lose in any way and also we could  wait  as long as we want and  we have the  will  on when we would  sell our  bitcoin as we see that the price is  profitable enough to sell our coins.
Correct, Holding it in a long term  basis was really profitable. Just make sure that you will become patience while holding your coin whether Bitcoin or altcoin. Don't get attempt to sell it early in a small profit.
Holding in a long term is good if you have a lot of extra money for bitcoin, this is good for people who set aside some amount of their retirement as we can always consider as a form of retirement. But, this is only for people who are willing to take risk as anything can happen and everyday there's a risk.
As you treat this like an investment then invest what you are ready to lose since there is no definite thing that can help us to forecast whether the price will go up or down. It os better to fill yourself with the recent news regarding Bitcoin or any alt coin you have invested it that will help and guide you in making decisions and taking risks.
I don’t prefer holding for a long time I love the buying and selling in short time periods. I have found it more productive for my earning. Every day the prices fluctuate and giving us a space to buy and sell our coins and this is what I do personally and I am very much satisfied with it. Holding for long time can make you disappoint with the earnings you do.
Same goes for me. I prefer to run my bitcoin rather than to hold it. I trade my bitcoins on altcoins, since altcoin are now cheap this is the right time for trading. However, since the price of bitcoin is now increasing I stored the half of it for my future so that I have a money to spend when the time of needs.
sr. member
Activity: 585
Merit: 251
Maybe for a few months earlier, bitcoin holding was good way to make money. However, for now price bitcoin has shot very high.

There is a sense of worry about this price, is it still strong to keep going up. Or it will show potential down.

The thread title says holding bitcoin for al long time.
A few months isn't a long time!!
Long time is holding for years! 2020, 6 months after next halving the price could be something around like $5k-10k!!
So investing now and holding for years can be a good way to make money. But patience is needed!And strong hands!! If you can't handle the wild up and down swings during that time, it may be better put the coins away very good scured and don't come here for the next 3,5 years!
Bitcoin will have several more bubbles. It's still very tiny compared to all the other markets out there. Just alone Apple could buy the actual size of the crypto market 5 times with their $250 billion cash reserves!! Let that sink in! Bitcoin is a drop in the bucket and the upside potential is huge. As well as the possibility to go down exist as well. So only invest what you can afford to lose and don't get greedy!!!

With the recent price, holding it for more years would be so risky. Indeed, it may increase again and again but there is also a chance that the price might be down like a hell. Holding for 6months is long time already in case of to make profit. We should not only holding it for years, once there is a chance to make profit so we should trade it.
Holding bitcoin is beneficial for those who have good amount of bitcoin with them.for traders and quick profit seeker generally do not opt for holding.if you holding btc then convert them in eth ,it will rise high in coming years.btc is in very vulnerable stage due to high fees and delay transaction time ,it will be soon replaced by eth.
hero member
Activity: 1022
Merit: 517
Maybe for a few months earlier, bitcoin holding was good way to make money. However, for now price bitcoin has shot very high.

There is a sense of worry about this price, is it still strong to keep going up. Or it will show potential down.

The thread title says holding bitcoin for al long time.
A few months isn't a long time!!
Long time is holding for years! 2020, 6 months after next halving the price could be something around like $5k-10k!!
So investing now and holding for years can be a good way to make money. But patience is needed!And strong hands!! If you can't handle the wild up and down swings during that time, it may be better put the coins away very good scured and don't come here for the next 3,5 years!
Bitcoin will have several more bubbles. It's still very tiny compared to all the other markets out there. Just alone Apple could buy the actual size of the crypto market 5 times with their $250 billion cash reserves!! Let that sink in! Bitcoin is a drop in the bucket and the upside potential is huge. As well as the possibility to go down exist as well. So only invest what you can afford to lose and don't get greedy!!!

With the recent price, holding it for more years would be so risky. Indeed, it may increase again and again but there is also a chance that the price might be down like a hell. Holding for 6months is long time already in case of to make profit. We should not only holding it for years, once there is a chance to make profit so we should trade it.
legendary
Activity: 1442
Merit: 1016
Maybe for a few months earlier, bitcoin holding was good way to make money. However, for now price bitcoin has shot very high.

There is a sense of worry about this price, is it still strong to keep going up. Or it will show potential down.

The thread title says holding bitcoin for al long time.
A few months isn't a long time!!
Long time is holding for years! 2020, 6 months after next halving the price could be something around like $5k-10k!!
So investing now and holding for years can be a good way to make money. But patience is needed!And strong hands!! If you can't handle the wild up and down swings during that time, it may be better put the coins away very good scured and don't come here for the next 3,5 years!
Bitcoin will have several more bubbles. It's still very tiny compared to all the other markets out there. Just alone Apple could buy the actual size of the crypto market 5 times with their $250 billion cash reserves!! Let that sink in! Bitcoin is a drop in the bucket and the upside potential is huge. As well as the possibility to go down exist as well. So only invest what you can afford to lose and don't get greedy!!!
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
Holding bitcoin a long time is a good way to make money, hold it 2 to 3years after that for sure you had already a big saving in your storage wallet. It will surely that bitcoin by that time� would be 3000$ to 5000$. Just be patience while waiting for the right time Wink

Wow, that is a nice prediction, let's see if it will really happen, would be very good! It's impossible to know with 100% sure something about Bitcoin, but if the last 2 years results could be applied for the next 2 years, we could see Bitcoin pricing about $2600-$3000 in 2019. I think $5000 is a bit exaggerated, a bit lower than that is very possible...
Actually if you see there is nothing impossible in bitcoin maybe we can see the price at 1$ tomorrow or even 2000$. I now feel bitcoin is just like life anything can happen next and that change can make lot of difference in our lives.

I strongly agree that tomorrow the price can be $2000 but never $1. $2000 can be achieved when a huge whale invested millions/billions of dollars in bitcoins. That price is doable for sure, we might even surpass that if we had enough whales. On the other hand, $1 per BTC is kind of far from reality. People have invested tons of money in the bitcoin wallet. I belong to the people that don't have that much cash and have the majority of wealth on bitcoin. I wouldn't just sell my bitcoins even when the price is dumping quite hard.

Plus, there are people that are ready to put a buy order wall to prevent the price from dumping even more. In other words, preventing their investments to go to waste.
I agree it is actually impossible for bitcoin to fall till 1$ if that actually happened i will sell everything i have and go all in bitcoins. The price can't reach 2000$ that easily because many whales have already invested according to their potential so the only way the price can increase is by more countries like japan adopting the coin.
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.
Many experts are hoping 2000$ at this year end, so everyone is holding their coins. I think it is possible. But in between anything can happen. Within just two weeks almost 300$ increased. If it continues means within this month end, the price will cross 2000$. But it's not easy. present situation holding BTC for the long term will give good profit.

its not just a possibility now but its likely what will happen in the next couple of months. we started this year with 1k which was already high that time and it didn't take long before we hit 1.5k so I think all these talks about btc reaching 2k this year is legitimate and that's something to look forward to so i'm holding on to my btcs
legendary
Activity: 1456
Merit: 1005
Holding bitcoin a long time is a good way to make money, hold it 2 to 3years after that for sure you had already a big saving in your storage wallet. It will surely that bitcoin by that time� would be 3000$ to 5000$. Just be patience while waiting for the right time Wink

Wow, that is a nice prediction, let's see if it will really happen, would be very good! It's impossible to know with 100% sure something about Bitcoin, but if the last 2 years results could be applied for the next 2 years, we could see Bitcoin pricing about $2600-$3000 in 2019. I think $5000 is a bit exaggerated, a bit lower than that is very possible...
Actually if you see there is nothing impossible in bitcoin maybe we can see the price at 1$ tomorrow or even 2000$. I now feel bitcoin is just like life anything can happen next and that change can make lot of difference in our lives.

I strongly agree that tomorrow the price can be $2000 but never $1. $2000 can be achieved when a huge whale invested millions/billions of dollars in bitcoins. That price is doable for sure, we might even surpass that if we had enough whales. On the other hand, $1 per BTC is kind of far from reality. People have invested tons of money in the bitcoin wallet. I belong to the people that don't have that much cash and have the majority of wealth on bitcoin. I wouldn't just sell my bitcoins even when the price is dumping quite hard.

Plus, there are people that are ready to put a buy order wall to prevent the price from dumping even more. In other words, preventing their investments to go to waste.
I agree it is actually impossible for bitcoin to fall till 1$ if that actually happened i will sell everything i have and go all in bitcoins. The price can't reach 2000$ that easily because many whales have already invested according to their potential so the only way the price can increase is by more countries like japan adopting the coin.
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.
Many experts are hoping 2000$ at this year end, so everyone is holding their coins. I think it is possible. But in between anything can happen. Within just two weeks almost 300$ increased. If it continues means within this month end, the price will cross 2000$. But it's not easy. present situation holding BTC for the long term will give good profit.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Holding bitcoin a long time is a good way to make money, hold it 2 to 3years after that for sure you had already a big saving in your storage wallet. It will surely that bitcoin by that time� would be 3000$ to 5000$. Just be patience while waiting for the right time Wink

Wow, that is a nice prediction, let's see if it will really happen, would be very good! It's impossible to know with 100% sure something about Bitcoin, but if the last 2 years results could be applied for the next 2 years, we could see Bitcoin pricing about $2600-$3000 in 2019. I think $5000 is a bit exaggerated, a bit lower than that is very possible...
Actually if you see there is nothing impossible in bitcoin maybe we can see the price at 1$ tomorrow or even 2000$. I now feel bitcoin is just like life anything can happen next and that change can make lot of difference in our lives.

I strongly agree that tomorrow the price can be $2000 but never $1. $2000 can be achieved when a huge whale invested millions/billions of dollars in bitcoins. That price is doable for sure, we might even surpass that if we had enough whales. On the other hand, $1 per BTC is kind of far from reality. People have invested tons of money in the bitcoin wallet. I belong to the people that don't have that much cash and have the majority of wealth on bitcoin. I wouldn't just sell my bitcoins even when the price is dumping quite hard.

Plus, there are people that are ready to put a buy order wall to prevent the price from dumping even more. In other words, preventing their investments to go to waste.
I agree it is actually impossible for bitcoin to fall till 1$ if that actually happened i will sell everything i have and go all in bitcoins. The price can't reach 2000$ that easily because many whales have already invested according to their potential so the only way the price can increase is by more countries like japan adopting the coin.
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.
hero member
Activity: 672
Merit: 500
Holding bitcoin a long time is a good way to make money, hold it 2 to 3years after that for sure you had already a big saving in your storage wallet. It will surely that bitcoin by that time� would be 3000$ to 5000$. Just be patience while waiting for the right time Wink

Wow, that is a nice prediction, let's see if it will really happen, would be very good! It's impossible to know with 100% sure something about Bitcoin, but if the last 2 years results could be applied for the next 2 years, we could see Bitcoin pricing about $2600-$3000 in 2019. I think $5000 is a bit exaggerated, a bit lower than that is very possible...
Actually if you see there is nothing impossible in bitcoin maybe we can see the price at 1$ tomorrow or even 2000$. I now feel bitcoin is just like life anything can happen next and that change can make lot of difference in our lives.

I strongly agree that tomorrow the price can be $2000 but never $1. $2000 can be achieved when a huge whale invested millions/billions of dollars in bitcoins. That price is doable for sure, we might even surpass that if we had enough whales. On the other hand, $1 per BTC is kind of far from reality. People have invested tons of money in the bitcoin wallet. I belong to the people that don't have that much cash and have the majority of wealth on bitcoin. I wouldn't just sell my bitcoins even when the price is dumping quite hard.

Plus, there are people that are ready to put a buy order wall to prevent the price from dumping even more. In other words, preventing their investments to go to waste.
I agree it is actually impossible for bitcoin to fall till 1$ if that actually happened i will sell everything i have and go all in bitcoins. The price can't reach 2000$ that easily because many whales have already invested according to their potential so the only way the price can increase is by more countries like japan adopting the coin.
hero member
Activity: 798
Merit: 500
Maybe for a few months earlier, bitcoin holding was good way to make money. However, for now price bitcoin has shot very high.

There is a sense of worry about this price, is it still strong to keep going up. Or it will show potential down.
hero member
Activity: 826
Merit: 1000
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

One thing is very important, when the price is going down, you will not lose anything. You just need to make sure you don't sell your coins. As long as you don't sell them, you won't lose anything. It may feel like you are losing, but it's not the case.

you have a point though, if you dont sell your  bitcoin you would not suffer  such loss because  you didnt exchange it to fiat. As long as you hold it   you wont suffer lose in any way and also we could  wait  as long as we want and  we have the  will  on when we would  sell our  bitcoin as we see that the price is  profitable enough to sell our coins.
Correct, Holding it in a long term  basis was really profitable. Just make sure that you will become patience while holding your coin whether Bitcoin or altcoin. Don't get attempt to sell it early in a small profit.
Holding in a long term is good if you have a lot of extra money for bitcoin, this is good for people who set aside some amount of their retirement as we can always consider as a form of retirement. But, this is only for people who are willing to take risk as anything can happen and everyday there's a risk.
As you treat this like an investment then invest what you are ready to lose since there is no definite thing that can help us to forecast whether the price will go up or down. It os better to fill yourself with the recent news regarding Bitcoin or any alt coin you have invested it that will help and guide you in making decisions and taking risks.
Yes, there is no definite instrument that can measure the risk related to the BTC. Currently it looks like the best opportunity for the investment. Keeping yourself updated about the price and other situation of the bitcoin, which will be very helpful for you to when do your investment, needs a withdrawal to stay away from the loss.
hero member
Activity: 3052
Merit: 606
Yes of course. Hold your bitcoin for 1 to 1.5 years. you will get 50% to 75 profit. cause btc pumping and pumping.

You can earn in the short term, if you urgently need money or keep them that much time. But you need to remember that the bubble can burst at any time.
Anything can happen and current trend may end soon, the price is increasing and we are so happy with that but always remember it's a pump so when you buy now you are not buying at a good rate. Nobody can predict the right outcome in the future so no guarantee if we invest it will grow in the future, we need to take risk and we need to learn how to calculate it.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
At first I don't believe that holding bitcoin for a longer time is going to give you good profit because when I was still newbie, I keep on seeing the price to have rally on pump and dump. And that's why I'm just selling it whenever I want and I saw profit but right now it's proven that holding it for a longer time will give you good profit.

Holding it can really make our bitcoin grow since bitcoin value now is increasing,it can grow on its own.But if were good in trading and investing or in gambling also then holding it without doing anything  I think is a waste of time since our bitcoin can grow more than it can pump if ever we found a good offer in trading and investing.

Holding is good but only up to a certain extent as you cannot afford to hold it too long even if you see price going higher so at that stage it would be good to sell your bitcoins to grab the profits and if you are not satisfied with the price then better to use them in trading to grow them in long run.

It's why if you are into bitcoin make sure that you know how to handle it. Don't always rely to bitcoin and have other source of income, so that your sleeping investment in bitcoin is going to have a very long time to sleep so if ever the price will be waking up with an unexpected ATH, it will be a great result for you.
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