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Topic: Is Holding Bitcoin a long time good way to make money? - page 68. (Read 368872 times)

legendary
Activity: 1526
Merit: 1179

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.
sr. member
Activity: 462
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
legendary
Activity: 1218
Merit: 1000
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.
That is true, holding bitcoin for a long time is not guaranteed to give you any significant profit, however if you play it smart and divide your capital into saving and exchanging that might earn you profit, the price of the bitcoin goes up and down so if you wait until it goes up and sell and then rebuy when the price is low you can double your bitcoin in no time.
Yeah! That's one of the best strategy. Most of people thought that hold bitcoin though, didn't any idea exactly what the price will be in the next couple of years. Holding bitcoin pretty long time investment method, on the other side, being updated altcoins industry and investment into it might be a wise step in this digital marketing age.
Why people are saying that holding BTC for a long period is a good profit, just check the price of last year and today price. And from last 8 to 9 months the price is almost high not went down. And now since last 2 months, the price is stable at 1k+ that is why people are thinking if we hold coins for an extended period the price may double and we can make a huge profit. But I also don't have trust in long term process. Anything can happen in future.
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.
legendary
Activity: 1484
Merit: 1004
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.
That is true, holding bitcoin for a long time is not guaranteed to give you any significant profit, however if you play it smart and divide your capital into saving and exchanging that might earn you profit, the price of the bitcoin goes up and down so if you wait until it goes up and sell and then rebuy when the price is low you can double your bitcoin in no time.
Yeah! That's one of the best strategy. Most of people thought that hold bitcoin though, didn't any idea exactly what the price will be in the next couple of years. Holding bitcoin pretty long time investment method, on the other side, being updated altcoins industry and investment into it might be a wise step in this digital marketing age.
Split your money into different source is a good idea to do. However, you have to manage your investment flow otherwise your invest is useless and loss if you can't manage it regularly.
Of course nothing good when you invest the whole money in one place
It's just a big mistake you have done there
You may have a lot of expectation in bitcoin , but don't forget to think abouy the worst scenario could happened
People always love to talk about the bemefit only rather than an anticipation when you taking risk.
legendary
Activity: 1092
Merit: 1000
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.
That is true, holding bitcoin for a long time is not guaranteed to give you any significant profit, however if you play it smart and divide your capital into saving and exchanging that might earn you profit, the price of the bitcoin goes up and down so if you wait until it goes up and sell and then rebuy when the price is low you can double your bitcoin in no time.
Yeah! That's one of the best strategy. Most of people thought that hold bitcoin though, didn't any idea exactly what the price will be in the next couple of years. Holding bitcoin pretty long time investment method, on the other side, being updated altcoins industry and investment into it might be a wise step in this digital marketing age.
Why people are saying that holding BTC for a long period is a good profit, just check the price of last year and today price. And from last 8 to 9 months the price is almost high not went down. And now since last 2 months, the price is stable at 1k+ that is why people are thinking if we hold coins for an extended period the price may double and we can make a huge profit. But I also don't have trust in long term process. Anything can happen in future.
sr. member
Activity: 840
Merit: 250
www.guestcrew.com
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.
That is true, holding bitcoin for a long time is not guaranteed to give you any significant profit, however if you play it smart and divide your capital into saving and exchanging that might earn you profit, the price of the bitcoin goes up and down so if you wait until it goes up and sell and then rebuy when the price is low you can double your bitcoin in no time.
Yeah! That's one of the best strategy. Most of people thought that hold bitcoin though, didn't any idea exactly what the price will be in the next couple of years. Holding bitcoin pretty long time investment method, on the other side, being updated altcoins industry and investment into it might be a wise step in this digital marketing age.
Split your money into different source is a good idea to do. However, you have to manage your investment flow otherwise your invest is useless and loss if you can't manage it regularly.
sr. member
Activity: 1057
Merit: 261
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.
That is true, holding bitcoin for a long time is not guaranteed to give you any significant profit, however if you play it smart and divide your capital into saving and exchanging that might earn you profit, the price of the bitcoin goes up and down so if you wait until it goes up and sell and then rebuy when the price is low you can double your bitcoin in no time.
Yeah! That's one of the best strategy. Most of people thought that hold bitcoin though, didn't any idea exactly what the price will be in the next couple of years. Holding bitcoin pretty long time investment method, on the other side, being updated altcoins industry and investment into it might be a wise step in this digital marketing age.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.
That is true, holding bitcoin for a long time is not guaranteed to give you any significant profit, however if you play it smart and divide your capital into saving and exchanging that might earn you profit, the price of the bitcoin goes up and down so if you wait until it goes up and sell and then rebuy when the price is low you can double your bitcoin in no time.
legendary
Activity: 1232
Merit: 1091
Yes holding Bitcoin for a long time is a good way to make money.  If we see the trend, Bitcoin after 2015 had started to go uptrend.  Most people are speculating that bitcoin will reach 10k USD which is very possible.  So if we bought bitcoin at 700 USD, we can have a huge profit if it hits what the other are speculating about bitcoin price.

The time will tell but so far but I will say yes, Bitcoin is best as long term investment and all current trends are showing that holding Bitcoins lon term gives a good chance to profit. So even if you want to trade as a short term plan to make profit always put some coins at side and wait for time to do the business.


The train isn't going back to pick us up anytime so late adopters are going to have to jump on random stations like what we do this time. Its price is moving up and there is no stopping this time. We may be late but its never too late to still buy bitcoin. Investing to altcoins are still one option to profit but its going to be a long winding lair of scammers trying to get every satoshis we have. There use to be just few until these platform are trying to centralized tokens. Holding for a long time still is a good option to store your wealth.

I don't see how holding altcoins is good for the long term when you know that 95% of the altcoins only lose value as years go by. Altcoins are nothing more than short term speculative investment options. If you plan to hold these coins for the long term anyway, then you must be prepared for the worst. It's not for nothing that the majority of the people don't take altcoins too seriously. But hey, everyone is free to do whatever they want.
newbie
Activity: 33
Merit: 0

Via Forbes: Should You Invest In Bitcoin? 10 Arguments In Favor As Of December 2015  Grin

1. The supply is fixed.
2. Assuming Bitcoin is adopted for number of practical applications, the value will rise significantly.
3. More and more people and businesses seem to be using Bitcoin.
4. A higher price could increase transaction volume, which would then further boost the price.
5. Bitcoin has a first-mover advantage among the other digital currencies.
6. So far, the attitude of most government regulation toward digital currencies has been, on the whole, cautiously positive.
7. A comparison to gold suggests Bitcoin could be undervalued.
8. Comparing Bitcoin with a technology company also suggests it could someday be quite valuable.
9. On pure trading metrics alone, it looks like a buy.
10. More investors are taking it seriously and using it as a portfolio diversifier.

Still holds some truth today  Wink
legendary
Activity: 2282
Merit: 1041
Yes holding Bitcoin for a long time is a good way to make money.  If we see the trend, Bitcoin after 2015 had started to go uptrend.  Most people are speculating that bitcoin will reach 10k USD which is very possible.  So if we bought bitcoin at 700 USD, we can have a huge profit if it hits what the other are speculating about bitcoin price.

The time will tell but so far but I will say yes, Bitcoin is best as long term investment and all current trends are showing that holding Bitcoins lon term gives a good chance to profit. So even if you want to trade as a short term plan to make profit always put some coins at side and wait for time to do the business.


The train isn't going back to pick us up anytime so late adopters are going to have to jump on random stations like what we do this time. Its price is moving up and there is no stopping this time. We may be late but its never too late to still buy bitcoin. Investing to altcoins are still one option to profit but its going to be a long winding lair of scammers trying to get every satoshis we have. There use to be just few until these platform are trying to centralized tokens. Holding for a long time still is a good option to store your wealth.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Yes holding Bitcoin for a long time is a good way to make money.  If we see the trend, Bitcoin after 2015 had started to go uptrend.  Most people are speculating that bitcoin will reach 10k USD which is very possible.  So if we bought bitcoin at 700 USD, we can have a huge profit if it hits what the other are speculating about bitcoin price.

The time will tell but so far but I will say yes, Bitcoin is best as long term investment and all current trends are showing that holding Bitcoins lon term gives a good chance to profit. So even if you want to trade as a short term plan to make profit always put some coins at side and wait for time to do the business.
hero member
Activity: 663
Merit: 501
quarkchain.io
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.

Well I believe that it's guaranteed that you will reap what you had sowed. And if you are one of those holders that bought bitcoins way back $800 or even lower, you can see the result of sowing by what you did for buying bitcoins at lower price. Since the price now is at $1,112 and seemingly it will keep on increasing, it's really a good way to make more money.
Yes it is guaranteed specially when you plan to hold even more on bitcoins price movement we will surely reach out a certain all time high on bitcoin price history.
Holding it for long term does really worth and the big question on this thing is how long would be your patience on this matter.

The patience of each holder / trader really what matters depending on our patience how much we are going to earn and if we are patient and manage to hold for a longer time. The higher chance and possibility that we can earn higher because many are saying that the longer we are going to hold, the higher profit we can get.

Holding them for long term seems to be good but we need to have certain target price in our mind and when it reaches there we should sell them in order to make profits from it as holding too long can also be risky as we never know when the price will go down and to make profits only from holding you also manage to have higher volume of bitcoins in your wallet then only you will feel profits in the end.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
Yes holding Bitcoin for a long time is a good way to make money.  If we see the trend, Bitcoin after 2015 had started to go uptrend.  Most people are speculating that bitcoin will reach 10k USD which is very possible.  So if we bought bitcoin at 700 USD, we can have a huge profit if it hits what the other are speculating about bitcoin price.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.

Well I believe that it's guaranteed that you will reap what you had sowed. And if you are one of those holders that bought bitcoins way back $800 or even lower, you can see the result of sowing by what you did for buying bitcoins at lower price. Since the price now is at $1,112 and seemingly it will keep on increasing, it's really a good way to make more money.
Yes it is guaranteed specially when you plan to hold even more on bitcoins price movement we will surely reach out a certain all time high on bitcoin price history.
Holding it for long term does really worth and the big question on this thing is how long would be your patience on this matter.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.

if you consider bitcoin investment risky, then altcoins investing is 100 times riskier.

that is why if you want to diversify properly then you should do it with things other than cryptocurrencies. it is good to also invest in altcoins but it is best if you invest your money in things such as gold, or if stocks market is good in your country, then in stocks or generally in things with more stability and higher chances of small profit.
hero member
Activity: 686
Merit: 521
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.
legendary
Activity: 1008
Merit: 1060
I would say hold on to your BTC. you will never know what the price will be in the next couple of years. Seeing how it went up to $1000, compared to summer of 2016, it already proves the theory that BTC is good long term investment.

Yes, it does give you an advantage for our bitcoin, but all the things that exist in the bitcoin can also give us a loss if can't do it the best possible way. Because the Bitcoin will make us lose big if can't have high patience, bitcoin is not a suitable place for those who are impatient in waiting. Because we always make the bitcoin made a lot in the long run if the bitcoin can wait. The key to success in holding bitcoin is patience, without it then will not provide good impact

Most of the things in this life depend on time. When bitcoin isn't rising at all, you actually have no choice but to wait because you only live in the present and time only moves for a second, then another second, then another.. You can't fast forward to next week to see if the price of bitcoin has finally increased.

In the long run, you surely can make profit from holding bitcoins. But I think that keeping an eye on the news like SegWit, Core vs BU, legalization of bitcoin in certain countries as a payment method, etc. can help you give an idea if the price is going down or if it is going up. But of course you can also do short trading if you're not that patient but you know how to spot a good trade. It's much better that way because you're making more bitcoins as the price is growing as well.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
I would say hold on to your BTC. you will never know what the price will be in the next couple of years. Seeing how it went up to $1000, compared to summer of 2016, it already proves the theory that BTC is good long term investment.

Yes, it does give you an advantage for our bitcoin, but all the things that exist in the bitcoin can also give us a loss if can't do it the best possible way. Because the Bitcoin will make us lose big if can't have high patience, bitcoin is not a suitable place for those who are impatient in waiting. Because we always make the bitcoin made a lot in the long run if the bitcoin can wait. The key to success in holding bitcoin is patience, without it then will not provide good impact
Putting that in your mind will make you stay longer, the real success if when you can hold longer as the future will give us a good value more than what we are seeing now. There are a lot of success stories in the past and what they did is just they hold their bitcoins and cash out when they feel they can are satisfied with the value of bitcoins already. Having said that, we should be following their method as it will be the same trend will that will happen again.
newbie
Activity: 34
Merit: 0
I would say hold on to your BTC. you will never know what the price will be in the next couple of years. Seeing how it went up to $1000, compared to summer of 2016, it already proves the theory that BTC is good long term investment.

Yes, it does give you an advantage for our bitcoin, but all the things that exist in the bitcoin can also give us a loss if can't do it the best possible way. Because the Bitcoin will make us lose big if can't have high patience, bitcoin is not a suitable place for those who are impatient in waiting. Because we always make the bitcoin made a lot in the long run if the bitcoin can wait. The key to success in holding bitcoin is patience, without it then will not provide good impact
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