Is Holding Bitcoin a long time good way to make money? - page 60.

Sled

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Bitcoin- in bullish time

Quote from: batang_bitcoin on April 30, 2017, 06:11:59 PM

Quote from: ?? on ??

I think it is a good Buy and Hold. The Bitcoin graph shows like we will not see $800 again. The lowest that it can drop is at $900 ish then go back up. Sure the closer we are coming to mining 21 Million bitcoin the rarer it will be and the higher the price. It is alway's best to use money that you CAN afford to lose.

Well upon checking the price we are now at the $1,390+ and if you did bought some of it at lower price then you are now having a very good taste of profit. That is also affecting, we are getting closer to the supply limit of bitcoin and that is now giving us an assurance that is going to make the price higher as we are expecting.

Yes the supply now is getting lower and lower and that is the sign that we should get our bitcoins now and we should keep them for long term because when the time comes that the supply was just a few millions then the price will be very high and that is the time when we're going to sell and take our huge profits and enjoy our life.

batang_bitcoin

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Quote from: ?? on ??

I think it is a good Buy and Hold. The Bitcoin graph shows like we will not see $800 again. The lowest that it can drop is at $900 ish then go back up. Sure the closer we are coming to mining 21 Million bitcoin the rarer it will be and the higher the price. It is alway's best to use money that you CAN afford to lose.

Well upon checking the price we are now at the $1,390+ and if you did bought some of it at lower price then you are now having a very good taste of profit. That is also affecting, we are getting closer to the supply limit of bitcoin and that is now giving us an assurance that is going to make the price higher as we are expecting.

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Quote from: freedomgo on April 30, 2017, 07:18:45 AM

Quote from: lovesybitz on April 30, 2017, 03:21:27 AM

Quote from: Zadicar on September 15, 2016, 11:22:29 PM

Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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.

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Quote from: lovesybitz on April 30, 2017, 03:21:27 AM

Quote from: Zadicar on September 15, 2016, 11:22:29 PM

Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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.

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Quote from: Zadicar on September 15, 2016, 11:22:29 PM

Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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.

joromz1226

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Quote from: jerowacik on July 02, 2015, 04:13:32 PM

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 .

I don't think its too risky, Because I know when bitcoin was 200$ all Bitcoin user who bought at that price value and now the value price of bitcoin is 1310$ they've already have a profit of 1100$, which means it is proven that holding bitcoin in long term basis is very profitable way.

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Quote from: desticy on July 03, 2015, 03:37:35 AM

No doubt, hold bitcoin start from now is a good invest way!

Your correct, investing is a good way to earn a profit especially when you invest it using a bitcoin. The chances in investing your money using bitcoin is very high because of being not stable of prices. They need to wait the right time at the better prices to get a profit. Investing is for securing the future to use to make sure a success then to do that I think this time is the right time. Because when bitcoin dump it is easy to recover and then it increase and increase and gives much better price.

Bitcoin is a very helpful in every one who have this. We are lucky at this times because of the high price between dollar or other currency.

Sled

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Bitcoin- in bullish time

Quote from: Zenithar on April 29, 2017, 06:54:06 PM

Quote from: iqlimasyadiqa on April 27, 2017, 07:57:00 AM

Quote from: ubercool on April 27, 2017, 07:05:08 AM

Quote from: fullypak on April 27, 2017, 02:48:19 AM

Quote from: pinkpanther03 on April 26, 2017, 02:17:36 PM

Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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 said was right mate, as long as your not selling your coins you will never be lose, because it maybe drop the price but it can recover sonner or later. Like what happen on ETF if you remember, bitcoin dropped into below 900$ after being denied by the SEC and now look at the price value we are already resume at more than 1300$. So, holding bitcoin is very profitable.

Yup now it's increasing very fast, yesterday it was around $1270+, but now it's crossed $1315 i think very soon it will hit 1500$. So holding bitcoin for some time is a good decision. But you should put one eye on this price because we don't know when the price will go down.

Right now its touching 1350$ price and traders are going crazy like last time. BTC holders will be holding Bitcoins tight as its getting predicted as another pump of 1500$ or more. Want to sell some of my BTC as I had bought at 1100$ price range.

The bitcoin price movement is great. There was a significant increase. Holding is indeed the best way.
We can see that in the future there will be another rise. All we have to do is be patient and also careful in doing the action.

i am also in favour of long term investment, because in long term invedstment there are very little chances to lose your money.

That is right, do not settle for short term investment because short term investment is just like gambling because you are too greedy to sell and you are holding your coins for a short time while in long term you are settle for big income and whatever happens now it doesn't matter because long term is all about future.

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Quote from: iqlimasyadiqa on April 27, 2017, 07:57:00 AM

Quote from: ubercool on April 27, 2017, 07:05:08 AM

Quote from: fullypak on April 27, 2017, 02:48:19 AM

Quote from: pinkpanther03 on April 26, 2017, 02:17:36 PM

Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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 said was right mate, as long as your not selling your coins you will never be lose, because it maybe drop the price but it can recover sonner or later. Like what happen on ETF if you remember, bitcoin dropped into below 900$ after being denied by the SEC and now look at the price value we are already resume at more than 1300$. So, holding bitcoin is very profitable.

Yup now it's increasing very fast, yesterday it was around $1270+, but now it's crossed $1315 i think very soon it will hit 1500$. So holding bitcoin for some time is a good decision. But you should put one eye on this price because we don't know when the price will go down.

Right now its touching 1350$ price and traders are going crazy like last time. BTC holders will be holding Bitcoins tight as its getting predicted as another pump of 1500$ or more. Want to sell some of my BTC as I had bought at 1100$ price range.

The bitcoin price movement is great. There was a significant increase. Holding is indeed the best way.
We can see that in the future there will be another rise. All we have to do is be patient and also careful in doing the action.

i am also in favour of long term investment, because in long term investment there are very little chances to lose your money. while in short term investment if you do not have any experience then there are more chances that if the price of bitcoin will take a little correction the you will consider it as panic selling and will also sell your bitcoin for low price which will surely cause to you.

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Quote from: SamsungBitcoin on March 30, 2017, 07:39:26 PM

Quote from: mrcash02 on March 30, 2017, 07:30:32 PM

Quote from: blackhawkeye1912 on March 30, 2017, 02:37:51 PM

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...

All of that is possible to bitcoin, we should believed that bitcoin have good value in the end of this year. $5000 will reach if massive adoption for more companies comes before 2 years it helps to increase the demand and the price will also increase.

Still there is no legality of bitcoin. Then how can we be sure that the price as well as the demand will increase? You are right in one side that we should believe that bitcoin have good value in the end of this year. But if it does not happen and bitcoin is being banned, then who will take the risk?
You? Huh

??!!!!!!!!!!!

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Quote from: pinkpanther03 on April 26, 2017, 02:17:36 PM

Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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 said was right mate, as long as your not selling your coins you will never be lose, because it maybe drop the price but it can recover sonner or later. Like what happen on ETF if you remember, bitcoin dropped into below 900$ after being denied by the SEC and now look at the price value we are already resume at more than 1300$. So, holding bitcoin is very profitable.

First of all, the price didn't go down because the ETF was denied by the SEC. Because if it was the actual reason, people pulling out their investments because of ETF disapproval, it should have happened almost right away when the decision was announced. But it didn't. It happened days after.

If you don't sell your coins, you've basically lost the coins already. It's still there and it's still yours but you can't use it at all because you want to wait more. Hence, you can consider that money gone for quite some more time. It's a loss at that moment but it will return once you decided to sell it. In simpler terms, what's money if you're not allowed to spend it.

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Quote from: mrcash02 on March 30, 2017, 07:30:32 PM

Quote from: blackhawkeye1912 on March 30, 2017, 02:37:51 PM

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...

There is this popular saying in the financial market that, Past performance may not guarantee future performance and that is absolutely true. A safer approach would be to buy and hold all the Bitcoins one may desire to and take profit every time new highs are made, be they in weeks, months or years. Beating one's chest about the time frame for Bitcoin price to appreciate is like chasing the wind, don't do it!

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Quote from: blackhawkeye1912 on March 30, 2017, 02:37:51 PM

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

I dont expect such a big price rise in next 2-3 years, we still need to remember about the current situation that bitcoin and blockchain are into.

There is a possible hard-fork going on, we are still not sure but bitcoin unlimited has somewhere like 42% of support, when segwit has more around 30% (to be implemented, we need 95% of support for SegWit).
We are still having big problems about the blockchain bandwidth, the network is simply too slow sometimes.
In case of a spam attack, blockchain cannot really maintain under such a massive traffic, there are too many transactions which makes things even worse than before.

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Quote from: ubercool on April 27, 2017, 07:05:08 AM

Quote from: fullypak on April 27, 2017, 02:48:19 AM

Quote from: pinkpanther03 on April 26, 2017, 02:17:36 PM

Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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 said was right mate, as long as your not selling your coins you will never be lose, because it maybe drop the price but it can recover sonner or later. Like what happen on ETF if you remember, bitcoin dropped into below 900$ after being denied by the SEC and now look at the price value we are already resume at more than 1300$. So, holding bitcoin is very profitable.

Yup now it's increasing very fast, yesterday it was around $1270+, but now it's crossed $1315 i think very soon it will hit 1500$. So holding bitcoin for some time is a good decision. But you should put one eye on this price because we don't know when the price will go down.

Right now its touching 1350$ price and traders are going crazy like last time. BTC holders will be holding Bitcoins tight as its getting predicted as another pump of 1500$ or more. Want to sell some of my BTC as I had bought at 1100$ price range.

The bitcoin price movement is great. There was a significant increase. Holding is indeed the best way.
We can see that in the future there will be another rise. All we have to do is be patient and also careful in doing the action.

ubercool

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Quote from: fullypak on April 27, 2017, 02:48:19 AM

Quote from: pinkpanther03 on April 26, 2017, 02:17:36 PM

Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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 said was right mate, as long as your not selling your coins you will never be lose, because it maybe drop the price but it can recover sonner or later. Like what happen on ETF if you remember, bitcoin dropped into below 900$ after being denied by the SEC and now look at the price value we are already resume at more than 1300$. So, holding bitcoin is very profitable.

Yup now it's increasing very fast, yesterday it was around $1270+, but now it's crossed $1315 i think very soon it will hit 1500$. So holding bitcoin for some time is a good decision. But you should put one eye on this price because we don't know when the price will go down.

Right now its touching 1350$ price and traders are going crazy like last time. BTC holders will be holding Bitcoins tight as its getting predicted as another pump of 1500$ or more. Want to sell some of my BTC as I had bought at 1100$ price range.

fullypak

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Quote from: pinkpanther03 on April 26, 2017, 02:17:36 PM

Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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 said was right mate, as long as your not selling your coins you will never be lose, because it maybe drop the price but it can recover sonner or later. Like what happen on ETF if you remember, bitcoin dropped into below 900$ after being denied by the SEC and now look at the price value we are already resume at more than 1300$. So, holding bitcoin is very profitable.

Yup now it's increasing very fast, yesterday it was around $1270+, but now it's crossed $1315 i think very soon it will hit 1500$. So holding bitcoin for some time is a good decision. But you should put one eye on this price because we don't know when the price will go down.

pinkpanther03

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Quote from: richardsNY on September 15, 2016, 08:29:31 PM

Quote from: buxlover on September 15, 2016, 05:17:42 PM

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 said was right mate, as long as your not selling your coins you will never be lose, because it maybe drop the price but it can recover sonner or later. Like what happen on ETF if you remember, bitcoin dropped into below 900$ after being denied by the SEC and now look at the price value we are already resume at more than 1300$. So, holding bitcoin is very profitable.

Sled

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Bitcoin- in bullish time

Quote from: Russlenat on March 31, 2017, 02:09:50 PM

Quote from: iram3130 on March 31, 2017, 09:14:54 AM

Quote from: mrcash02 on March 30, 2017, 07:30:32 PM

Quote from: blackhawkeye1912 on March 30, 2017, 02:37:51 PM

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...

I too feel that $3000 Mark is actually possible by 2019. I was saving in my early years of Bitcoin and I regret why didn't I save more but nevertheless those bitcoins were very much helpful to make me financially stable.
Mark my words. Keep your savings in Bitcoin guys..

I think the $3000 price could be reached next year. If we have bigger block size, it could even be $5000.

$3000 and $5000 for the price of bitcoin next year is very impossible to reach since there is a lot of problems that we may encounter or the threats that can make bitcoin price lower like the politics and bad feedbacks of big people because we know that bitcoin is very vulnerable by those small updates or feedbacks of other people because people now a days often believes in the rumors rather than their perspective so it often results in panic selling.

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Quote from: iram3130 on March 31, 2017, 09:14:54 AM

Quote from: mrcash02 on March 30, 2017, 07:30:32 PM

Quote from: blackhawkeye1912 on March 30, 2017, 02:37:51 PM

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...

I too feel that $3000 Mark is actually possible by 2019. I was saving in my early years of Bitcoin and I regret why didn't I save more but nevertheless those bitcoins were very much helpful to make me financially stable.
Mark my words. Keep your savings in Bitcoin guys..

I think the $3000 price could be reached next year. If we have bigger block size, it could even be $5000.

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Quote from: mrcash02 on March 30, 2017, 07:30:32 PM

Quote from: blackhawkeye1912 on March 30, 2017, 02:37:51 PM

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...

I too feel that $3000 Mark is actually possible by 2019. I was saving in my early years of Bitcoin and I regret why didn't I save more but nevertheless those bitcoins were very much helpful to make me financially stable.
Mark my words. Keep your savings in Bitcoin guys..

Topic: Is Holding Bitcoin a long time good way to make money? - page 60. (Read 368919 times)