Is Holding Bitcoin a long time good way to make money? - page 66.

Oggy1987

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Quote from: dothebeats on March 04, 2017, 11:07:18 AM

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.

dothebeats

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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.

PokerFace3

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Quote from: hurain on February 28, 2017, 04:31:47 PM

Quote from: wahb on February 27, 2017, 05:13:40 PM

Quote from: poetra2501 on February 25, 2017, 03:55:18 AM

Quote from: iram3130 on February 23, 2017, 06:16:50 AM

Quote from: Himanshu111 on February 23, 2017, 06:02:36 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

not only luck but experience an skill is also important in gambling. because in some types of gambling we nee to use our skill and experience because our skill and experience is also importnat in gambling.

Gambling is such a scam and waste of money. Mostly the person with good experience and knowledge also waste money there. So, I think it is mostly depends upon your luck. I think you have to experienced some other ways of earning signature campaign is best for slow and steady income and trading is also a good source.

ged00u

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Quote from: n0ne on March 04, 2017, 03:34:16 AM

Quote from: bitllionaire on March 03, 2017, 01:36:40 AM

Quote from: hurain on February 28, 2017, 04:31:47 PM

Quote from: wahb on February 27, 2017, 05:13:40 PM

Quote from: poetra2501 on February 25, 2017, 03:55:18 AM

Quote from: iram3130 on February 23, 2017, 06:16:50 AM

Quote from: Himanshu111 on February 23, 2017, 06:02:36 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

not only luck but experience an skill is also important in gambling. because in some types of gambling we nee to use our skill and experience because our skill and experience is also importnat in gambling.

that is right in sports gambling, horse racing and jeep racing etc we need our experience and analysis. while in gambling in other gambling games like dice games and slots games we do not need for any analysis or experience in such games, because these games totally depend on our luck and if we are lucky then we will make money here and if we are not luck then we cannot make money from gambling.

Even with sports betting luck is highly concerned, because how analytical and however we make strategies things get changed based upon the luck we have. Only thing better with sports betting than dice and casinos were the minimizing of loss. With sports betting it's possible and with once betting is placed we'll be lucky to earn or loss.

well, the house is always there in every gambling game you make. If you want to be rich with your Bitcoin, I think you should invest your money in some decent projects which are highly potential. Otherwise, trading is always the best option for anyone who wants to earn money with bitcoin. For me, it is not hard to learn trading but you have to work hard enough to obtain a huge knowledge and skills in order to have profit in this field

Dimelord

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Definitely, Bitcoin price has doubled from $650 to $1280 within 6 months duration.Bitcoin users are increasing day by day.Its price is expected to cross $2000 by the end of this year.Just avoid investing bitcoins in altcoins and keep your bitcoins in your wallet.Thats the best idea.

n0ne

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Quote from: bitllionaire on March 03, 2017, 01:36:40 AM

Quote from: hurain on February 28, 2017, 04:31:47 PM

Quote from: wahb on February 27, 2017, 05:13:40 PM

Quote from: poetra2501 on February 25, 2017, 03:55:18 AM

Quote from: iram3130 on February 23, 2017, 06:16:50 AM

Quote from: Himanshu111 on February 23, 2017, 06:02:36 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

not only luck but experience an skill is also important in gambling. because in some types of gambling we nee to use our skill and experience because our skill and experience is also importnat in gambling.

that is right in sports gambling, horse racing and jeep racing etc we need our experience and analysis. while in gambling in other gambling games like dice games and slots games we do not need for any analysis or experience in such games, because these games totally depend on our luck and if we are lucky then we will make money here and if we are not luck then we cannot make money from gambling.

Even with sports betting luck is highly concerned, because how analytical and however we make strategies things get changed based upon the luck we have. Only thing better with sports betting than dice and casinos were the minimizing of loss. With sports betting it's possible and with once betting is placed we'll be lucky to earn or loss.

akasma

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Activity: 140

Merit: 100

Quote from: arestrader on March 02, 2017, 02:11:39 PM

I think if ETFs will be approved in two years we will see the bitcoin 5k .there will be investments from all companies on the planet

Yes, It could happen in the near future and it will happen in the year of 2019 or 2020. Just Buy and hold bitcoin when it's cheap.
That is a best way to make your money in the future.

Fatanut

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Quote from: freedomgo on March 03, 2017, 02:09:38 AM

Quote from: arestrader on March 02, 2017, 02:11:39 PM

I think if ETFs will be approved in two years we will see the bitcoin 5k .there will be investments from all companies on the planet

I'm optimistic it will be approved but I do not think of the price just yet, it will just come depending on how the adopters will react on the news. After the approval, the trend of price increasing will continue and we shall see a great increase this year and just to be safe, doubling the current price would be my conservative speculation.

@arestrader You don't have to wait for 2 years at all since it will be announced/decided on March 11. 5K$ in 2 years is too huge for a gain, tbh. Even if ETF gets approved, I don't think the bitcoin price will increase by that much.

@freedomgo The ETF approval will not cause the price of bitcoin to skyrocket. The more realistic way to look at it is that it will only help bitcoins to increase in the price in the long run, not instantly. Just consider it as one of the primary things that will contribute to bitcoin's growth.

freedomgo

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Quote from: arestrader on March 02, 2017, 02:11:39 PM

I think if ETFs will be approved in two years we will see the bitcoin 5k .there will be investments from all companies on the planet

I'm optimistic it will be approved but I do not think of the price just yet, it will just come depending on how the adopters will react on the news. After the approval, the trend of price increasing will continue and we shall see a great increase this year and just to be safe, doubling the current price would be my conservative speculation.

bitllionaire

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Quote from: hurain on February 28, 2017, 04:31:47 PM

Quote from: wahb on February 27, 2017, 05:13:40 PM

Quote from: poetra2501 on February 25, 2017, 03:55:18 AM

Quote from: iram3130 on February 23, 2017, 06:16:50 AM

Quote from: Himanshu111 on February 23, 2017, 06:02:36 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

not only luck but experience an skill is also important in gambling. because in some types of gambling we nee to use our skill and experience because our skill and experience is also importnat in gambling.

that is right in sports gambling, horse racing and jeep racing etc we need our experience and analysis. while in gambling in other gambling games like dice games and slots games we do not need for any analysis or experience in such games, because these games totally depend on our luck and if we are lucky then we will make money here and if we are not luck then we cannot make money from gambling.

arestrader

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I think if ETFs will be approved in two years we will see the bitcoin 5k .there will be investments from all companies on the planet

Sled

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Quote from: EdenHazard on March 02, 2017, 10:01:40 AM

Quote from: giveen on February 27, 2017, 07:54:58 PM

Quote from: Himanshu111 on February 23, 2017, 06:02:36 AM

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

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.

it is looks like bitcoin have a gradual growth recently , since last year the price keep spiking. from $500 to $1200 now , and as what a lot of people have said that the bitcoin price will reach $2000 at least in the end of this year which now it looks realistic.

first 3 months of 2017 we have got around $500 increment as profit for those people who hold bitcoin for long time.

That was a huge increase for the bitcoin price since last then. 2000$ market price for bitcoin is very easy to approach because even we are not in the 1/2 of this year we are already reaching almost 1,300$ price for bitcoin and that was a good sign that the price will go the moon soon if the markets will be stable and the long term hodlers will continue to hodl their coin so there is nothing to worry about like dumps that may cause of unloading bags.

EdenHazard

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Quote from: giveen on February 27, 2017, 07:54:58 PM

Quote from: Himanshu111 on February 23, 2017, 06:02:36 AM

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

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.

it is looks like bitcoin have a gradual growth recently , since last year the price keep spiking. from $500 to $1200 now , and as what a lot of people have said that the bitcoin price will reach $2000 at least in the end of this year which now it looks realistic.

first 3 months of 2017 we have got around $500 increment as profit for those people who hold bitcoin for long time.

stadus

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Quote from: ethereumhunter on March 01, 2017, 08:56:39 PM

Quote from: Sled on March 01, 2017, 08:28:03 PM

Quote from: bitbunnny on March 01, 2017, 03:04:57 PM

Many times so far it turned out that holding Bitcoins long time is smart decision and current price confirms that. Users who were patient enough have profited now.
Bitcoin market changes, has ups and downs but it's important not to fall for feelings every time but keep the cool head and make good decisions.

A true long term trader doesn't care about the current problems or even the high price because he knows that the price will go even higher after few years and that is when he will go selling if the price doubled or tripled the current price now. Long term is the best way to make profit in bitcoin especially if you buy a lot of bitcoins now and then sell it after 4-5 years.

depend on this situation, i am sure that long term trader will have big profit in their wallet because i think they buy bitcoin from cheap price and now when they see the price is increase, they will be happy and have a big smile, they will talk to other people that holding bitcoin for a long term is the best thing that we can do. i am sure that in out there, many people is holding their bitcoin from a long time ago and they have much of bitcoin in their wallet and they are waiting good price like now to sell the bitcoin.

I'm sure they don't think that way, they can make good profit but they will not share their formula to be profitable. They think that it's better to keep it themselves so they can abuse it and they will be richer as bitcoin is existing.

People who can afford to invest a good amount of capital but not a big risk takers will not get the best profit in trading, this is the place for risk takers.

ethereumhunter

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Quote from: Sled on March 01, 2017, 08:28:03 PM

Quote from: bitbunnny on March 01, 2017, 03:04:57 PM

Many times so far it turned out that holding Bitcoins long time is smart decision and current price confirms that. Users who were patient enough have profited now.
Bitcoin market changes, has ups and downs but it's important not to fall for feelings every time but keep the cool head and make good decisions.

A true long term trader doesn't care about the current problems or even the high price because he knows that the price will go even higher after few years and that is when he will go selling if the price doubled or tripled the current price now. Long term is the best way to make profit in bitcoin especially if you buy a lot of bitcoins now and then sell it after 4-5 years.

depend on this situation, i am sure that long term trader will have big profit in their wallet because i think they buy bitcoin from cheap price and now when they see the price is increase, they will be happy and have a big smile, they will talk to other people that holding bitcoin for a long term is the best thing that we can do. i am sure that in out there, many people is holding their bitcoin from a long time ago and they have much of bitcoin in their wallet and they are waiting good price like now to sell the bitcoin.

Sled

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Activity: 1680

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Bitcoin- in bullish time

Quote from: bitbunnny on March 01, 2017, 03:04:57 PM

Many times so far it turned out that holding Bitcoins long time is smart decision and current price confirms that. Users who were patient enough have profited now.
Bitcoin market changes, has ups and downs but it's important not to fall for feelings every time but keep the cool head and make good decisions.

A true long term trader doesn't care about the current problems or even the high price because he knows that the price will go even higher after few years and that is when he will go selling if the price doubled or tripled the current price now. Long term is the best way to make profit in bitcoin especially if you buy a lot of bitcoins now and then sell it after 4-5 years.

bitbunnny

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Many times so far it turned out that holding Bitcoins long time is smart decision and current price confirms that. Users who were patient enough have profited now.
Bitcoin market changes, has ups and downs but it's important not to fall for feelings every time but keep the cool head and make good decisions.

pinkpanther03

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I don't see any wrong if you hold bitcoin for a long period of time. As much as you see there's a lot of community continually patronizing our bitcoin, it is still a good way to save more and buy more. Besides this for us anyway Cheesy

hurain

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Quote from: wahb on February 27, 2017, 05:13:40 PM

Quote from: poetra2501 on February 25, 2017, 03:55:18 AM

Quote from: iram3130 on February 23, 2017, 06:16:50 AM

Quote from: Himanshu111 on February 23, 2017, 06:02:36 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

not only luck but experience an skill is also important in gambling. because in some types of gambling we nee to use our skill and experience because our skill and experience is also importnat in gambling.

elyas772

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how much money you can holding for long time? are you didnt have any needs ? Cheesy

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