almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will
but to achieve it we need great patience. sometimes bitcoin prices declined unexpectedly. like the last few days many people who do panic sell. whereas we just have to be patient, bitcoin prices increased again by itself.
Topic: Is Holding Bitcoin a long time good way to make money? - page 62. (Read 368919 times)
Holding bitcoins on a long term basis would be the best way to gain more returns.Holding in short term basis would be beneficial only for altcoins as their price is so volatile.We could see the steady rise of bitcoin price from the last six months irrespective of ETF disapproval,BU.
I could not agree more. This current dips in price is just a test on the threshold of the holders. Weak hands dump, strong hand hold, faithful hand buy. We can see developers actively developing and updating Bitcoin with the best possible way they can. This drama will eventually end, either thru soft fork or hardfork and a possible of chain-split. After this incident we can see Bitcoin to scale and start increasing its price again.
90% of my bitcoins was on hold on latest drop, I decided to trade only 10% to some alts. On most I made profit, but XMR is killing me right now
In my opinion soft fork will happen, and we will regret not investing more when price droped (dont take this as advice pls, I predict on my own risk). ETF didnt really affect price, probably because whales didnt believe it in first place.
Holding bitcoins on a long term basis would be the best way to gain more returns.Holding in short term basis would be beneficial only for altcoins as their price is so volatile.We could see the steady rise of bitcoin price from the last six months irrespective of ETF disapproval,BU.
I could not agree more. This current dips in price is just a test on the threshold of the holders. Weak hands dump, strong hand hold, faithful hand buy. We can see developers actively developing and updating Bitcoin with the best possible way they can. This drama will eventually end, either thru soft fork or hardfork and a possible of chain-split. After this incident we can see Bitcoin to scale and start increasing its price again.
90% of my bitcoins was on hold on latest drop, I decided to trade only 10% to some alts. On most I made profit, but XMR is killing me right now
In my opinion soft fork will happen, and we will regret not investing more when price droped (dont take this as advice pls, I predict on my own risk). ETF didnt really affect price, probably because whales didnt believe it in first place.
Holding bitcoins on a long term basis would be the best way to gain more returns.Holding in short term basis would be beneficial only for altcoins as their price is so volatile.We could see the steady rise of bitcoin price from the last six months irrespective of ETF disapproval,BU.
I could not agree more. This current dips in price is just a test on the threshold of the holders. Weak hands dump, strong hand hold, faithful hand buy. We can see developers actively developing and updating Bitcoin with the best possible way they can. This drama will eventually end, either thru soft fork or hardfork and a possible of chain-split. After this incident we can see Bitcoin to scale and start increasing its price again.
90% of my bitcoins was on hold on latest drop, I decided to trade only 10% to some alts. On most I made profit, but XMR is killing me right now
In my opinion soft fork will happen, and we will regret not investing more when price droped (dont take this as advice pls, I predict on my own risk). ETF didnt really affect price, probably because whales didnt believe it in first place.
Holding bitcoins on a long term basis would be the best way to gain more returns.Holding in short term basis would be beneficial only for altcoins as their price is so volatile.We could see the steady rise of bitcoin price from the last six months irrespective of ETF disapproval,BU.
I could not agree more. This current dips in price is just a test on the threshold of the holders. Weak hands dump, strong hand hold, faithful hand buy. We can see developers actively developing and updating Bitcoin with the best possible way they can. This drama will eventually end, either thru soft fork or hardfork and a possible of chain-split. After this incident we can see Bitcoin to scale and start increasing its price again.
Holding bitcoins on a long term basis would be the best way to gain more returns.Holding in short term basis would be beneficial only for altcoins as their price is so volatile.We could see the steady rise of bitcoin price from the last six months irrespective of ETF disapproval,BU.
I could not agree more. This current dips in price is just a test on the threshold of the holders. Weak hands dump, strong hand hold, faithful hand buy. We can see developers actively developing and updating Bitcoin with the best possible way they can. This drama will eventually end, either thru soft fork or hardfork and a possible of chain-split. After this incident we can see Bitcoin to scale and start increasing its price again.
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?
Holding bitcoins on a long term basis would be the best way to gain more returns.Holding in short term basis would be beneficial only for altcoins as their price is so volatile.We could see the steady rise of bitcoin price from the last six months irrespective of ETF disapproval,BU. 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?
Investing is a good way to make money because you are just like holding it by trusting a company that would use to make profits. On the receiving time, you can maximize your earnings by selling it to the higher price. Holding takes time indeed and it is worthy on the right time.
Actually you don't have trust a company for holding, you can just simply use local exchanges for your holding your bitcoins.
But of course, you need to know that it's actually risky and if you plan to do so, you need to have your own hardware wallet.
And I advise for those people that plans to hold bitcoin for a longer term. Make sure that it's not the one that you'll make as main source.
It's good to make this type of investment as secondary or other investments you've got.
Investing is a good way to make money because you are just like holding it by trusting a company that would use to make profits. On the receiving time, you can maximize your earnings by selling it to the higher price. Holding takes time indeed and it is worthy on the right time.
Good post here
There is some Legit Site and trusted Company to know the truth, is to search here in this Forum, we are here to promote or demote those website's. We need more more research before we invest or try the gambling site Win or Lose.... That's life we need to experience everything to upgrade our knowledge. Nope!!! Find, Research, Ask your Fellow Bitcoiners were you can Double or Triple your bitcoin, try to find good/legit site or a good gambling site you can use your bitcoin safely.
1. There is no any legit way to double or triple your bitcoin.2. There is no any legit investment opportunity for bitcoin till now, however ICO from trusted projects can be considered as quite legit opportunity.
3. There is no guarantee that you will actually make any profit with gambling.
2.) There is a lot of legit investment that is available in the internet you just need to do research and find some good feedbacks about that site and make a decision for investing.
3.) You can make profit in gambling but not playing but also investing where you just investing in that site and your money will earn little by little every month.
Nope!!! Find, Research, Ask your Fellow Bitcoiners were you can Double or Triple your bitcoin, try to find good/legit site or a good gambling site you can use your bitcoin safely.
1. There is no any legit way to double or triple your bitcoin.2. There is no any legit investment opportunity for bitcoin till now, however ICO from trusted projects can be considered as quite legit opportunity.
3. There is no guarantee that you will actually make any profit with gambling.
There are two ways one it can go up or it can end up low, right now the price is nearby saturation and if as expected all good news happen then we can see double the price of current. if you take old time users story then their are users who had bought at single and double digit rate and then forget it and now today they are richest person. So anything can happen.
Nope!!! Find, Research, Ask your Fellow Bitcoiners were you can Double or Triple your bitcoin, try to find good/legit site or a good gambling site you can use your bitcoin safely.
Yes patience is the key if you are looking to make some good profits from bitcoin and you should not get panic even if the price starts falling as if you get panic and sell your coins at that point then it will give you only loss but if you manage to hold it in that scenario then you can make good profits in future when price will go higher once again.
It's not like you say because if I'll sell coins when price will fall and luckily you buy in still more lower price, than you are in some % profit and you can continue holding bitcoins but such action is now trading. To my mind it's better to hold 50% of bitcoins for future, trade with 40% and use 10% for your wishes. Smart trading is much profitable than long-term bitcoin hold. I was late to the bitcoin users list. Even now I don't feel this to be late to get a better profit out of it. Early adopters made a big earning through bitcoin and now I too believe that working hard and smart with bitcoin will help us make money as the earning access of bitcoin is increasing.
Me too, I am so late being one of the bitcoin users despite knowing it so early. If I was just so trusting that time, because the early days or months of bitcoin, I did not trust it because it may just be a scam. But if I just earn some bitcoins back then, I think I will be kind of rich right now.
Holding a bitcoin for a long time is a really good way to make money, many people earned a lot of money and profit because of it. You know, the story of a guy bought a bitcoin for $25 and just after 3 years it is worth almost $50000 ( correct me if I am wrong). It is really effective saving it.
I was late to the bitcoin users list. Even now I don't feel this to be late to get a better profit out of it. Early adopters made a big earning through bitcoin and now I too believe that working hard and smart with bitcoin will help us make money as the earning access of bitcoin is increasing.
so do i but i am believe that holding bitcoin for a long time will makes me to make money and i am sure that i can hold it as long as i can. but unfortunately, i can not holding bitcoin in much of amount because i don't have money to buy bitcoin for now and i only depend from trading that i am doing for daily.
Making a profit from long term saving in bitcoin proves to be dissipating every day since the price goes between up and down really quickly, saving long time proved to be good for people who invested in bitcoin a long time ago, right now short term is the best at making profit.
Current fluctuations indeed offer a great short term profit potential, but the thing is that you should know what to do. In most cases people are losing as they don't have a clue of how to play the market. It's not for nothing that only a small number of people manage to actually make profits. The profits these people make come from the majority of the other people that are losing. If everyone was an expert in trading, the entire market would be unprofitable.
I was late to the bitcoin users list. Even now I don't feel this to be late to get a better profit out of it. Early adopters made a big earning through bitcoin and now I too believe that working hard and smart with bitcoin will help us make money as the earning access of bitcoin is increasing.
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