Topic: Is Holding Bitcoin a long time good way to make money? - page 65. (Read 368872 times)

Quote from: poetra2501 on February 25, 2017, 04:55:18 AM

Quote from: iram3130 on February 23, 2017, 07:16:50 AM

Quote from: Himanshu111 on February 23, 2017, 07:02:36 AM

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

It is true that holding Bitcoin for a long term is a great investment, but it is not that easy, the fluctuations will make you change your emotions in a second. You need to have patience and you should not react to small fluctuations of the day to day market.

But, for getting best investment with Bitcoin, it's not just for long term.
We can see, how about the price of Bitcoin in last week or last month. Isn't very increase value?

yes i think depending on you luck, if you are a lucky person then can make good money from trading. i think if you are going for trading but i actually the examin trading and its new boos f

If we are lucky than we make money in every field of business, than we are not thinking we do trading, and etc. But we realize about luck only when we have been taken risk, before it how could we judgement that we are lucky or not?
But about the thread, better is that hold the bitcoin because bitcoin has a good price now and it has no problem if we hold the bitcoin for a long time.

You can hold some of them and rest can be invested in trading to multiply them quicker as holding will give you profits if price goes higher in future and it will make your coins sit idle in your wallet so its good make a try to multiply them with trading.

You are right, if we simply hold our coins in our wallets, it's no use. Atleast do any business with your half of bitcoins and make your investment double. But here risk also there you may lose your money if you choose to trade. Because it depends on market price if your bad luck the price went down you will lose money and also you will miss right chance to sell your coin. So holding bitcoin for a long time is not 100% worth.

Price may fall down in future so in that case holding will not be useful as you again need to wait longer to see higher price and no one knows how long it will take to go price higher so its always good to invest your coins and try to double them so even if price goes lower you would be holding more amount of coins.

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Quote from: axorb on March 05, 2017, 11:56:31 AM

Quote from: noormcs5 on March 05, 2017, 09:45:28 AM

Quote from: poetra2501 on February 25, 2017, 04:55:18 AM

Quote from: iram3130 on February 23, 2017, 07:16:50 AM

Quote from: Himanshu111 on February 23, 2017, 07:02:36 AM

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

It is true that holding Bitcoin for a long term is a great investment, but it is not that easy, the fluctuations will make you change your emotions in a second. You need to have patience and you should not react to small fluctuations of the day to day market.

But, for getting best investment with Bitcoin, it's not just for long term.
We can see, how about the price of Bitcoin in last week or last month. Isn't very increase value?

yes i think depending on you luck, if you are a lucky person then can make good money from trading. i think if you are going for trading but i actually the examin trading and its new boos f

If we are lucky than we make money in every field of business, than we are not thinking we do trading, and etc. But we realize about luck only when we have been taken risk, before it how could we judgement that we are lucky or not?
But about the thread, better is that hold the bitcoin because bitcoin has a good price now and it has no problem if we hold the bitcoin for a long time.

You can hold some of them and rest can be invested in trading to multiply them quicker as holding will give you profits if price goes higher in future and it will make your coins sit idle in your wallet so its good make a try to multiply them with trading.

You are right, if we simply hold our coins in our wallets, it's no use. Atleast do any business with your half of bitcoins and make your investment double. But here risk also there you may lose your money if you choose to trade. Because it depends on market price if your bad luck the price went down you will lose money and also you will miss right chance to sell your coin. So holding bitcoin for a long time is not 100% worth.

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Quote from: noormcs5 on March 05, 2017, 09:45:28 AM

Quote from: poetra2501 on February 25, 2017, 04:55:18 AM

Quote from: iram3130 on February 23, 2017, 07:16:50 AM

Quote from: Himanshu111 on February 23, 2017, 07:02:36 AM

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

It is true that holding Bitcoin for a long term is a great investment, but it is not that easy, the fluctuations will make you change your emotions in a second. You need to have patience and you should not react to small fluctuations of the day to day market.

But, for getting best investment with Bitcoin, it's not just for long term.
We can see, how about the price of Bitcoin in last week or last month. Isn't very increase value?

yes i think depending on you luck, if you are a lucky person then can make good money from trading. i think if you are going for trading but i actually the examin trading and its new boos f

If we are lucky than we make money in every field of business, than we are not thinking we do trading, and etc. But we realize about luck only when we have been taken risk, before it how could we judgement that we are lucky or not?
But about the thread, better is that hold the bitcoin because bitcoin has a good price now and it has no problem if we hold the bitcoin for a long time.

You can hold some of them and rest can be invested in trading to multiply them quicker as holding will give you profits if price goes higher in future and it will make your coins sit idle in your wallet so its good make a try to multiply them with trading.

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Quote from: sj2199 on March 04, 2017, 05:56:22 PM

Quote from: dothebeats on March 04, 2017, 12:07:18 PM

Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.

Holding them for a certain point of a time is a good move to make but if you will never sell your bitcoins then how you gonna enjoy the profits? Even I prefer to hold my coins but won't hesitate in selling them when price goes higher then my entry price and giving me an opportunity to make profits as I can re buy them when price falls in future and I think that is the best way to make profits from bitcoins as we are investing our money into it to get some profits so we should not miss an opportunity to sell them at a right time.

Yes that is true. Holding bitcoin and no selling is a bad idea because it can't give you real profits because you just hold it and you don't get the real value of your bitcoin. Buying low price of bitcoin and selling it for a higher price like 150% of your investment portfolio is a good idea for me because that is how trading works; buy low sell high and that what we need to remember and not that "holding bitcoin for a long time".

Holding bitcoin for a long time doesn't guarantees profits every time it may go in opposite direction as well if you don't sell them at a right time so buying and selling should be a continuous process in bitcoins and that will allow you to make regular profits and it will also grow the level of bitcoins in your wallet instead of keeping them idle in wallet without moving them to grow.

So far, if you hold the bitcoin for more than 4 years, you will make some profit.

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Quote from: poetra2501 on February 25, 2017, 04:55:18 AM

Quote from: iram3130 on February 23, 2017, 07:16:50 AM

Quote from: Himanshu111 on February 23, 2017, 07:02:36 AM

Yes, holding bitcoin for a long duration of time is a very good investing option as Bitcoins show a very healthy growth rate

It is true that holding Bitcoin for a long term is a great investment, but it is not that easy, the fluctuations will make you change your emotions in a second. You need to have patience and you should not react to small fluctuations of the day to day market.

But, for getting best investment with Bitcoin, it's not just for long term.
We can see, how about the price of Bitcoin in last week or last month. Isn't very increase value?

yes i think depending on you luck, if you are a lucky person then can make good money from trading. i think if you are going for trading but i actually the examin trading and its new boos f

If we are lucky than we make money in every field of business, than we are not thinking we do trading, and etc. But we realize about luck only when we have been taken risk, before it how could we judgement that we are lucky or not?
But about the thread, better is that hold the bitcoin because bitcoin has a good price now and it has no problem if we hold the bitcoin for a long time.

icecube45

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Quote from: dothebeats on March 04, 2017, 12:07:18 PM

Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.

Holding them for a certain point of a time is a good move to make but if you will never sell your bitcoins then how you gonna enjoy the profits? Even I prefer to hold my coins but won't hesitate in selling them when price goes higher then my entry price and giving me an opportunity to make profits as I can re buy them when price falls in future and I think that is the best way to make profits from bitcoins as we are investing our money into it to get some profits so we should not miss an opportunity to sell them at a right time.

Yes that is true. Holding bitcoin and no selling is a bad idea because it can't give you real profits because you just hold it and you don't get the real value of your bitcoin. Buying low price of bitcoin and selling it for a higher price like 150% of your investment portfolio is a good idea for me because that is how trading works; buy low sell high and that what we need to remember and not that "holding bitcoin for a long time".

What is meant here is not holding and did not sell, but buy bitcoin and hold until a long time and then sold / used. Hold Bitcoin a long time it could make a huge profit. For example if someone holding 1 bitcoin from 2015 and hold until now it will had higher profits. But it was not easy, and must go through many fluctuations, but a profit very great.

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Quote from: dothebeats on March 04, 2017, 12:07:18 PM

Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.

Although saving bitcoin is a good and safe way to make profit but it only works if you are willing to wait like 2 or 5 years, and that is why it requires someone to be patient, but this slow way of earning bitcoin is not suitable for many people so they usually quit, but selling bitcoin while the price is high and rebuying when it is low is a good way to make profit as well.

But, Mr. Satoshi showed holding bitcoin is how greatly profitable with his hoardings. So, in long run we cannot imagine how much profits we are going to make with our bitcoin holding rather than actively buying and selling.

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Quote from: Fatanut on March 05, 2017, 02:37:31 AM

Quote from: dothebeats on March 04, 2017, 12:07:18 PM

Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.

Holding them for a certain point of a time is a good move to make but [1]if you will never sell your bitcoins then how you gonna enjoy the profits? Even I prefer to hold my coins but won't hesitate in selling them when price goes higher then my entry price and giving me an opportunity to make profits as [2]I can re buy them when price falls in future and I think that is the best way to make profits from bitcoins as we are investing our money into it to get some profits so we should not miss an opportunity to sell them at a right time.

[1] Just wait for bitcoins to become mainstream. Once it goes mainstream, the merchants are already accepting it and the price has already skyrocketed. By that time, not only have you made tons of profits, but you can also finally be able to buy using your bitcoins without converting them to fiat first.

[2] See, that's kind of the problem which is why most of us don't sell our bitcoins at all. You sold your coins today, and then tomorrow you'd see it growing even more. You hold your coins today, and then tomorrow you'd see the price is decreasing. The price is so volatile that no matter which move you do, there'd be a better thing to do. So most of us (or at least I think) just hold our coins and then sell them later when we actually need money.

tl;dr: Selling right now makes you lose the opportunity to sell at an even greater price.

Yes , it is a helpful way. I already experience this when i sold and convert my butcoins into fiat i am frustrated what happened the time i sold then i will buy again .But it needs a time if you see how market goes if it rise too high there's a big possibility to have a dump afterwards ,So for the mean time i learned how to take advantage of those big fluctuations even sometimes i lose profit but more on i have profits.

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Quote from: dothebeats on March 04, 2017, 12:07:18 PM

Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.

Holding them for a certain point of a time is a good move to make but [1]if you will never sell your bitcoins then how you gonna enjoy the profits? Even I prefer to hold my coins but won't hesitate in selling them when price goes higher then my entry price and giving me an opportunity to make profits as [2]I can re buy them when price falls in future and I think that is the best way to make profits from bitcoins as we are investing our money into it to get some profits so we should not miss an opportunity to sell them at a right time.

[1] Just wait for bitcoins to become mainstream. Once it goes mainstream, the merchants are already accepting it and the price has already skyrocketed. By that time, not only have you made tons of profits, but you can also finally be able to buy using your bitcoins without converting them to fiat first.

[2] See, that's kind of the problem which is why most of us don't sell our bitcoins at all. You sold your coins today, and then tomorrow you'd see it growing even more. You hold your coins today, and then tomorrow you'd see the price is decreasing. The price is so volatile that no matter which move you do, there'd be a better thing to do. So most of us (or at least I think) just hold our coins and then sell them later when we actually need money.

tl;dr: Selling right now makes you lose the opportunity to sell at an even greater price.

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Quote from: sj2199 on March 04, 2017, 05:56:22 PM

Quote from: dothebeats on March 04, 2017, 12:07:18 PM

Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.

Holding them for a certain point of a time is a good move to make but if you will never sell your bitcoins then how you gonna enjoy the profits? Even I prefer to hold my coins but won't hesitate in selling them when price goes higher then my entry price and giving me an opportunity to make profits as I can re buy them when price falls in future and I think that is the best way to make profits from bitcoins as we are investing our money into it to get some profits so we should not miss an opportunity to sell them at a right time.

Yes that is true. Holding bitcoin and no selling is a bad idea because it can't give you real profits because you just hold it and you don't get the real value of your bitcoin. Buying low price of bitcoin and selling it for a higher price like 150% of your investment portfolio is a good idea for me because that is how trading works; buy low sell high and that what we need to remember and not that "holding bitcoin for a long time".

Holding bitcoin for a long time doesn't guarantees profits every time it may go in opposite direction as well if you don't sell them at a right time so buying and selling should be a continuous process in bitcoins and that will allow you to make regular profits and it will also grow the level of bitcoins in your wallet instead of keeping them idle in wallet without moving them to grow.

but i think holding bitcoin for a long time is more profitable. specially in present time when the price is increasing, in fact there is good potential in the price of bitcoin. i am hopeful that in next few months the price of bitcoin will cross 2000 USD level.

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Quote from: dothebeats on March 04, 2017, 12:07:18 PM

Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.

Holding them for a certain point of a time is a good move to make but if you will never sell your bitcoins then how you gonna enjoy the profits? Even I prefer to hold my coins but won't hesitate in selling them when price goes higher then my entry price and giving me an opportunity to make profits as I can re buy them when price falls in future and I think that is the best way to make profits from bitcoins as we are investing our money into it to get some profits so we should not miss an opportunity to sell them at a right time.

Yes that is true. Holding bitcoin and no selling is a bad idea because it can't give you real profits because you just hold it and you don't get the real value of your bitcoin. Buying low price of bitcoin and selling it for a higher price like 150% of your investment portfolio is a good idea for me because that is how trading works; buy low sell high and that what we need to remember and not that "holding bitcoin for a long time".

Holding bitcoin for a long time doesn't guarantees profits every time it may go in opposite direction as well if you don't sell them at a right time so buying and selling should be a continuous process in bitcoins and that will allow you to make regular profits and it will also grow the level of bitcoins in your wallet instead of keeping them idle in wallet without moving them to grow.

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Quote from: Oggy1987 on March 04, 2017, 03:27:19 PM

Quote from: dothebeats on March 04, 2017, 12:07:18 PM

Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.

You havent made profit until you sell your coins Wink

. You have to catch a high peek, many people in all sort of investments wait for too long, expecting it to rise and rise forever, which is not the case. I'm not telling you to sell, I also save it for now, but with bitcoin you can potentially come to zero profit.

If you want to optimize your chances to the maximum, then you should repeatedly buy and sell in smaller percentages. It will help you to benefit from each and every market movement. If you just wait for the right moment to make a large sale or buy, then the chances are high that you end up regretting your actions. That was exactly how I used to buy and sell at the very beginning and each time I ended up unhappy. That's why I changed my strategy. I right now only move small percentages.

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