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 64. (Read 368872 times)
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
It's better than gold actually because you can hold a small volume of bitcoins and expect to make a substantial income in the future. Gold never gave youthat opportunity as it requires a big amount of investment in order to avail if for yourself. With bitcoin if you feel bored of just holding, you can simply
trade a certain portion of what you have and you will have a chance to grow your volume as the value increases.
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?
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?
Bitcoin is a good investment indeed but for now I don't think it is much applicable now because there is so many issues about bitcoin right now, and eth and other altcoins is getting a high price and demand while bitcoin price is going down, sure the bitcoin price now will rise its demand, but in future I couldn't say it might die but other cryptocurrency will occur with much better features than bitcoin.
OP doesn't say anything about the long time thing and the uncertain things are true. Investing for a long time doesn't guarantee anything so you have
to plan everything to gain profits and as well as minimize its risks. For example, Investing for 1 or 2 years is less riskier than investing for 10 years
and up because the longer the time span, then many uncertain things will happen thats impossible to predict, although many people have said that
the longer your investment the bigger the profits.
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
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?
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?
Bitcoin is a good investment indeed but for now I don't think it is much applicable now because there is so many issues about bitcoin right now, and eth and other altcoins is getting a high price and demand while bitcoin price is going down, sure the bitcoin price now will rise its demand, but in future I couldn't say it might die but other cryptocurrency will occur with much better features than bitcoin.
I don't think holding bitcoin for a longtime can be beneficial on having a good way to make money unless the price of bitcoin will continue to rise steadily. But it the current status of bitcoin itself they tend to change everyday unpredictably and you can't anticipate on how it moves. It is better to play with the price through trading.
You will not see good benefits at holding bitcoin for a long time if you are keep looking for the everyday changes on the price for bitcoin. If you want real profit i can say that it is good to hold bitcoin for long time because if you are a true trader and you know how to look at those candle stick charts then you will see that long term is always the best for real profit seekers and the current price now is promising for a next big profits just after a few months. 
I don't think holding bitcoin for a longtime can be beneficial on having a good way to make money unless the price of bitcoin will continue to rise steadily. But it the current status of bitcoin itself they tend to change everyday unpredictably and you can't anticipate on how it moves. It is better to play with the price through trading.
maybe today is good time to buy bitcoin
you must have much bitcoin and long time hold is you want get much profit, because bitcoin price is low
under 1000 bitcoin, and my prediction in end year bitcoin price can incraese until reach 1500 dollar
you must have much bitcoin and long time hold is you want get much profit, because bitcoin price is low
under 1000 bitcoin, and my prediction in end year bitcoin price can incraese until reach 1500 dollar
That is a possibility that at the end of the year we may see price of $1500 and if it reaches there then make sure that you sell instead of waiting for the price to reach $2k as it may not reach there and it may again come down to $1200 or $1k as anything is possible with bitcoins so if it reaches to your target price then the best decision would be to sell your coins and grab the profits.
maybe today is good time to buy bitcoin
you must have much bitcoin and long time hold is you want get much profit, because bitcoin price is low
under 1000 bitcoin, and my prediction in end year bitcoin price can incraese until reach 1500 dollar
you must have much bitcoin and long time hold is you want get much profit, because bitcoin price is low
under 1000 bitcoin, and my prediction in end year bitcoin price can incraese until reach 1500 dollar
Holding bitcoin is a good choice for your investment but you must sold some of it for you to earn profit also. It is right that you hold your bitcoin but I suggest not all of it for you to invest some in trading altcoin. Much better not to put all your bitcoin in one spread your money in some investment.
I not dare investing btc long time. Maybe btc have big opportunity but requires big patience.
Just hold the coins. When the price is down, buy more.
I not dare investing btc long time. Maybe btc have big opportunity but requires big patience.
Holding Bitcoin is right thing. But, you cannot get any profit from holding. But, if you make some other investments or trading will give some amount daily. Now a days Bitcoin values are raising very high. So, lot of peoples adopting cryptocurrencies. so, you could create or implement your new ideas to increase your earnings. Otherwise holding Bitcoin is a stone in the sea.
So what is your purpose in holding then? From what I know, we are holding bitcoins because we are hoping that the increase in value will give us profit.I believe in holding in the long term because it has been proven to be effective and the early adopters can share their experience of success about this matter.
I think he meant to say that holding won't gain you anything in the way that it increases the number of your coins. It's basically like this -- if the price of Bitcoin goes down, a lot people think they suffered a loss, but in reality they haven't lost anything. They only lose if they sell their coins at a price lower than where they bought at. That basically also applies on making profit. You only make profit when you sell your coins.
Holding Bitcoin is right thing. But, you cannot get any profit from holding. But, if you make some other investments or trading will give some amount daily. Now a days Bitcoin values are raising very high. So, lot of peoples adopting cryptocurrencies. so, you could create or implement your new ideas to increase your earnings. Otherwise holding Bitcoin is a stone in the sea.
So what is your purpose in holding then? From what I know, we are holding bitcoins because we are hoping that the increase in value will give us profit.I believe in holding in the long term because it has been proven to be effective and the early adopters can share their experience of success about this matter.
I'd say simply holding onto bitcoin isn't of much use by itself.
Sure, you could sell when the market value is really high.
But instead of that, you can do much better by following the value every day.
A dip in prices should entice you to buy, and when there's even a small increase:
Sell! Exchange between bitcoin and alt coin to maximize the profit.
Or one could do as I did, which is to buy some bitcoin, keep most of it locked away.
The remaining portion, sell it if the price seems low enough.
If the prices are lower by 3-4$ than from when I bought em, I'll go and buy some new ones.
But the portion which is being saved is still accumulating and I don't want to sell that yet.
Probably will do once the market price around 2000$ or so, which it seems to be heading to.
This year certainly seems promising
Sure, you could sell when the market value is really high.
But instead of that, you can do much better by following the value every day.
A dip in prices should entice you to buy, and when there's even a small increase:
Sell! Exchange between bitcoin and alt coin to maximize the profit.
Or one could do as I did, which is to buy some bitcoin, keep most of it locked away.
The remaining portion, sell it if the price seems low enough.
If the prices are lower by 3-4$ than from when I bought em, I'll go and buy some new ones.
But the portion which is being saved is still accumulating and I don't want to sell that yet.
Probably will do once the market price around 2000$ or so, which it seems to be heading to.
This year certainly seems promising
Holding Bitcoin is right thing. But, you cannot get any profit from holding. But, if you make some other investments or trading will give some amount daily. Now a days Bitcoin values are raising very high. So, lot of peoples adopting cryptocurrencies. so, you could create or implement your new ideas to increase your earnings. Otherwise holding Bitcoin is a stone in the sea.
Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate
Yes that actually the truth I have seen many people who just bought bitcoins 3 months ago and they are so happy that they got 230$ profit. If someone is planning to do short term trading it wouldn't be very beneficial but long term can be really profitable as by now some people will have almost tripled their investment who bought during the bitfinex hack.first 3 months of 2017 we have got around $500 increment as profit for those people who hold bitcoin for long time.
the spikes will continue , the price skyrocketed and bitcoin unstoppable as the best investment option and as payment processor at once.
I don't think holding bitcoin a long time good way to make money, but holding bitcoin a long time is good for saving the money,
because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.
because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.
Bitcoin is not only a saving, but a good investment. It will rise a lot in the future.
but it will not make money, you can not get income with holding bitcoin a long time.
But your values of bitcoin will increase in the future, it is mean saving money in bitcoin,
you did not see the title this thread, I will make clear for you with bold Is Holding Bitcoin a long time good way to make money?
I don't think holding bitcoin a long time good way to make money, but holding bitcoin a long time is good for saving the money,
because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.
I agree with your statement about saving money in the form of bitcoin is the best way, we can avoid inflation and control of the government, but for some people bitcoin volatility is too high so they're a little afraid to store large amounts of bitcoin. but if the goal is fiat then save bitcoin is a good investment to get more fiat because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.
I don't think holding bitcoin a long time good way to make money, but holding bitcoin a long time is good for saving the money,
because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.
because our values are not be taken by inflation like holding money a long time.
The good way to make money with bitcoin is with trading bitcoin to fiat money or trading altcoins bitcoin to altcoins,
of course with method trading that gives constant profit daily,weekly or monthly.
Bitcoin is not only a saving, but a good investment. It will rise a lot in the future.
Jump to: