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Topic: Is Holding Bitcoin a long time good way to make money? - page 67. (Read 368872 times)

hero member
Activity: 826
Merit: 1004
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.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
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?
In this case, the power of the rumour to pumping the price of bitcoin has really needed.   

Every time more and more good news for bitcoin is always appearing but I was also realizing if the condition of bitcoin is getting more strong everytime.
sr. member
Activity: 378
Merit: 250
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
hero member
Activity: 2408
Merit: 584
Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.

I think so, Holding bicoin is a great way to get a lot of profit in the longterm
Holding them a few years to make a lot of money.
you are right that holding bitcoin is very good way to get profit but if we hold our bitcoin in half amount and other half amount bitcoin invest in altcoin then we will be gain more big profit through altcoin trading and we know that trading is much more good way to make profit in short time than holding of bitcoin. 

Yes, trading can grow your money, but first you must research before invest in altcoin, understand how the risk and can manage such a risk.
If don't have a capability to do that better to hold all amount of btc.
you are right that trading is the good way to grow up your money and you are right that research is very important before investment and bitcoin trading is very safe than other coins because bitcoin is very stronger currency than other coins.
legendary
Activity: 1106
Merit: 1000
Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.

I think so, Holding bicoin is a great way to get a lot of profit in the longterm
Holding them a few years to make a lot of money.
you are right that holding bitcoin is very good way to get profit but if we hold our bitcoin in half amount and other half amount bitcoin invest in altcoin then we will be gain more big profit through altcoin trading and we know that trading is much more good way to make profit in short time than holding of bitcoin. 

Yes, trading can grow your money, but first you must research before invest in altcoin, understand how the risk and can manage such a risk.
If don't have a capability to do that better to hold all amount of btc.
sr. member
Activity: 434
Merit: 250
Yes holding bitcoin for long time is a very good way to earn more money but you should have that patience to hold your coins. normally people just keep spending their coins and trade a lot because they think they can earn more money in very less time. this is a problem with most of us.
hero member
Activity: 1022
Merit: 511
It needs time and patience for a long term investments but worth the risk. It's already proven on this years that holding your bitcoin will give you a huge profit. Congratulations for those who hold their bitcoins for a long time, we don't know that this is just the beginning of Bitcoin's Year. It's not too late to buy some bitcoins and hold for a long time and sell it at the right time.
You are right this is bitcoin's year as you could tell by the price it had this. I still think it is worth purchasing bitcoin at this price because my predictions for this year is bitcoin can easilu reach 1500$++ by the end of this year or maybe $2000+ if china government doesn't interfere as they have been doing.
And also the original post you did tell that that you bought at 200$ and you can see the price now so I think you can see the potential of it and selling it just because you in profit is not recommended unless you need it for an emergency.

I thought the issues with China would have caused a bearish run for the long haul, I was quite surprised to see that it picked back up again.

It just goes to show that Bitcoin is much bigger than China or anyone country.

The issue I see right now is the scaling, there's so much BTC caught up in the system and it's taking ever longer for BTC to pass through the network.

A number of times now I've been waiting close to 24 hours and that's with increasing my payout fee.

If they don't fix this soon, that could be the death of BTC. Another crypto could easily come along and take it's place if the community don't agree on implementing something to solve the scaling issue.

I personally believe in BTC with my heart and soul and hold about 2.1 BTC atm in the hope it will double by the end of the year, however the scaling issue is the biggest threat to the value of BTC right now.
Nope i don't think any other coin currently has the potential to take over bitcoin no matter what happens. And if you also see there are very less people who actually use bitcoin for purchasing something most of them have just bought bitcoins and forgot about it. The fall of bitcoin can take 20-40 years or maybe more.
Maybe that is true, but that does not ignore the fact that bitcoin is becoming more and more harder to get and new people who are going want to use bitcoin will have hard time getting it, and mining has become more and more harder each time there is a halving, so people will start looking for an alternative in 5 or 6 years and then we will see a peak in the price of these altcoins.

In recent times, no other investment matched with bitcoin's ROI. Bitcoin gained the top position in best performing currency list. Hence, without doubts holding bitcoin must be the best way to make more money.
hero member
Activity: 980
Merit: 523
Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.

I think so, Holding bicoin is a great way to get a lot of profit in the longterm
Holding them a few years to make a lot of money.
you are right that holding bitcoin is very good way to get profit but if we hold our bitcoin in half amount and other half amount bitcoin invest in altcoin then we will be gain more big profit through altcoin trading and we know that trading is much more good way to make profit in short time than holding of bitcoin. 
sr. member
Activity: 378
Merit: 250
Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.
yes currently it is really a good way of making money, specially right now when the price of bitcoin is continuously increasing and it is expected that the price will very soon reach to a very very high price. may be this time cross 1500 USD. so investment at this stage will be a good decision.
hero member
Activity: 1064
Merit: 589
Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.

I think so, Holding bicoin is a great way to get a lot of profit in the longterm
Holding them a few years to make a lot of money.
sr. member
Activity: 266
Merit: 250
Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.
hero member
Activity: 672
Merit: 500
It needs time and patience for a long term investments but worth the risk. It's already proven on this years that holding your bitcoin will give you a huge profit. Congratulations for those who hold their bitcoins for a long time, we don't know that this is just the beginning of Bitcoin's Year. It's not too late to buy some bitcoins and hold for a long time and sell it at the right time.
You are right this is bitcoin's year as you could tell by the price it had this. I still think it is worth purchasing bitcoin at this price because my predictions for this year is bitcoin can easilu reach 1500$++ by the end of this year or maybe $2000+ if china government doesn't interfere as they have been doing.
And also the original post you did tell that that you bought at 200$ and you can see the price now so I think you can see the potential of it and selling it just because you in profit is not recommended unless you need it for an emergency.

I thought the issues with China would have caused a bearish run for the long haul, I was quite surprised to see that it picked back up again.

It just goes to show that Bitcoin is much bigger than China or anyone country.

The issue I see right now is the scaling, there's so much BTC caught up in the system and it's taking ever longer for BTC to pass through the network.

A number of times now I've been waiting close to 24 hours and that's with increasing my payout fee.

If they don't fix this soon, that could be the death of BTC. Another crypto could easily come along and take it's place if the community don't agree on implementing something to solve the scaling issue.

I personally believe in BTC with my heart and soul and hold about 2.1 BTC atm in the hope it will double by the end of the year, however the scaling issue is the biggest threat to the value of BTC right now.
Nope i don't think any other coin currently has the potential to take over bitcoin no matter what happens. And if you also see there are very less people who actually use bitcoin for purchasing something most of them have just bought bitcoins and forgot about it. The fall of bitcoin can take 20-40 years or maybe more.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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?
You have a point there dude. If you purchase btc at the end of the first week of january or start of the second week, you'd almost have your money doubled right now. Though if we ask the people who's been holsing on to their btcs for years, they may be smiling broadly right now especially those who was able to purchase bitcoin at its very young age. Imagine if you were able to buy 1k pcs of btc back then? Cheesy
legendary
Activity: 1008
Merit: 1060
If you bought Bitcoins at 200-300$ Level then holding to them would be the most profitable way..
Of course you would generate with wins with selling it before it falls and buying it afterwards, but for the overall profit
i would hold onto them until you need them or they should get dumped.

When you look back at the price of bitcoins years ago, you would say that you should've bought bitcoins at that time and holding bitcoin for a long time is really great if you bought at that price. Today, we can look back for a couple of months when the price of bitcoin was just around $600. You can say that it's a good trade. Apparently, at the time that $600 was the current price of bitcoin, we're all doubting bitcoins because we thought it would be much better to wait. The $200-$300 price level is already gone, so is the $600.

Do you see the pattern here? Whenever we look back, we regret not buying bitcoin and/or selling our bitcoins at a price that's so low compared to what we have now. After a couple of months, you would have the same thinking about why didn't you buy today, February 25, 2017.

"It could've been a good buy but I was waiting for a lower price."
"If only I bought bitcoins back then..."

These will be the thoughts that you will be having for not buying now and holding for a long time.
hero member
Activity: 896
Merit: 500
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?
legendary
Activity: 1218
Merit: 1000

Yes indeed if we hold long term we also must have trust and analysis that the price will be profitable in the future. Not easy to keep hold bitcoin long term because it will surely experience many fluctuations, will certainly experience prices fall several times. Not are rarely people panic so sell when the price falls and becomes a loss, management and financial strategy is required here. Long term holding I think a good way to make money but with greater risks, it is also easy because we just wait until we want to sell. But this depends on each person prefers to hold a long or short term.
I am a long term hodler, and I can tell you that the short term fluctuations don't matter at all. My target is pointed at the long term, so everything that happens in the meanwhile is not important.

You just have to keep your head cool in times where the price is getting dumped down significantly. If you sell at panic, then you're not a hodler. It's as simple as that. People make it difficult for themselves.
Yes indeed supposed to be short term fluctuations do not matter if want to hold long term, because it will make someone panic and sell. And it also should continue to have trust that prices will be good in the future. Not everyone can hold long term because fears if not profitable, for some people hold in the long term is not as easy as you say. But it actually holds the long term it would be better if as you say and be done with ease.
legendary
Activity: 1624
Merit: 2481
If you bought Bitcoins at 200-300$ Level then holding to them would be the most profitable way..
Of course you would generate with wins with selling it before it falls and buying it afterwards, but for the overall profit
i would hold onto them until you need them or they should get dumped.
legendary
Activity: 1008
Merit: 1060
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.

I see people converting all of their coins because we reached $1200. There's no explanation why they should do that unless they know that $1200 was the peak of the price. In the long run, bitcoins would be even greater than that. Personally, I'm just holding my coins. I don't care anymore if the price of bitcoins fluctuates again, because I don't need fiat at all. There's no need for me to convert. I don't want to trade bitcoins because 98% of traders lose money (I might be wrong, but I'm pretty sure). In my experience, you should hold your bitcoins and then cash out if and only if you need fiat money.

Eventually, we will reach an age that we don't have to sell our coins because bitcoins will be accepted almost everywhere.
member
Activity: 108
Merit: 10
I bought some bitcoins last year around september and I am very happy the price is now 1100 and more. I am not selling them yet though as I am quite sure that a even higher price waits for me.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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.
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