Topic: Is Holding Bitcoin a long time good way to make money? - page 59. (Read 368872 times)

as i always prefer to long term investment, but i think if you are going for long term investment they you need to invest a good amount of bitcoin if you are going for  long term investment.

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.

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 of course. Hold your bitcoin for 1 to 1.5 years. you will get 50% to 75 profit. cause btc pumping and pumping.

If there is a guarantee that it will pump more than I don't care if it's volatile, in fact this would help our long term investment because it can surely give good return the longer we hold our bitcoins. Fact says that the price will pump and dump and we are just predicting based on the news and the past trends of bitcoin, so it's a big gamble and although it has been proven than holding is profitable but it primarily depends on your patience.

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?

There is no guarantee of profit in holding bitcoin since market is ubpredictable hence it can volatile and it can pump more, no one knows what will happen in future. However, as what I seen in bitcoin now is that, it will comtinue rising its value because there is no huge barrier in sell order.

Holding bitcoin is one of the most suggested way to earn profit without doing anything or risking our money or bitcoin because holding only has a risk in your wallet but if you do cold storage and it is a safe wallet then there is nothing to worry about. Holding bitcoin will guarantee you to at least give you 50% profit after at least 4 years from now and that is a great percentage of earnings rather than in the banks.

If you don't want to take any risk of investing your bitcoins then better to hold them for future as you can make good profits even by holding them so if you manage to hold them for next 5 years then you can make good money from it.

yeeep indeed holding btc has proved itself to be profitable but its not to the fullest really. if you are out to profit from the crypto market, you'd have to spend your btc and buy some alt for an investment. its how it going to work from now on because of the innovations created by developers.

Is not it now proven that holding bitcoin for a long time can be profitable. It's possible that when you hold the bitcoin right now, you can see the bitcoin price to $ 2500 by 2018. well, that would be very profitable, especially if you have bitcoin since 2013.

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.

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.

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.

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.

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...