Is Holding Bitcoin a long time good way to make money? - page 73.

poetra2501

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Quote from: bestluck on February 09, 2017, 10:51:40 AM

Quote from: Mihaylovic on February 07, 2017, 01:13:16 PM

maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

Why he will not get anything if he will not do any thing with them. You can see that from the last year the price of bitcoin is tripled up so all of those who have kept their bitcoin doing nothing on their wallet then they have got a good profit from that investment.

If it does not do anything alone can make money, especially if we do trade with short-term,
buy when cheap prices and sell when it is expensive. It'll make us earn a bigger profit than not doing anything

Fatanut

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Quote from: bitbunnny on February 09, 2017, 09:54:01 AM

Quote from: iqlimasyadiqa on February 09, 2017, 09:34:45 AM

Quote from: Master_dandosha on February 07, 2017, 05:47:34 PM

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

I agree with you . we are fortunate to have known bitcoin today. because bitcoin we can use in the future. by holding I'm sure we can get a big profit in the future. we only spend money at this time, even if it means a sacrifice.

Bitcoin is still best investment as a long term investment and people who keep their coins long term have the best profit[1]. So if you buy Bitcoins now you are thinking for the future. Even at the big price like now it's worth to put some money at side and invest it to Bitcoin. Even better is if you can earn them.

[1] Not entirely true. The people that bought at 1,100$ years ago are still waiting. They are holding longer than those people that have bought bitcoins around last November/October yet the latter ones have much more profit than them. It's all about timing, it's not about who hold the coin the longest.

You can even surpass other bitcoin holders by playing with the price fluctuations. Those that plainly hold their coins are doomed to wait for a really long time before they can see good profit (it depends on their timing, still).

avikz

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Definitely Yes, Holding is a good way to profit from the bitcoin. For my case, I had accumulated most of my bitcoins when the price was standing at $450, so you can understand that how much profit I have made just by holding my bitcoin. It is more than 100%.

I have used some potion of my bitcoin holding for trading purpose, which gave me a much higher return than holding though. But if you don't have any experience in trading, just accumulate and hold on to your bitcoin savings for some years. Money will be rolled it automatically when you sell it.

naidray

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Quote from: AUDREY23 on February 06, 2017, 12:49:53 PM

Nice also hold bitcoin for a long time, but even better if used for buying and selling it would be more profitable because the price of bitcoin today continues to rise slowly, buying at low prices and resell at a higher price results are quite make a snack daily

Yes, holding bitcoin for a long time could eventually work, but I depend on how long you are going to hold, the best thing to is like said above is to buy at a low price and resell at a higher one and so on it is absurd how much profit people who have so many bitcoins can make from that method.

bestluck

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Quote from: Mihaylovic on February 07, 2017, 01:13:16 PM

maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

Why he will not get anything if he will not do any thing with them. You can see that from the last year the price of bitcoin is tripled up so all of those who have kept their bitcoin doing nothing on their wallet then they have got a good profit from that investment.

bitbunnny

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Quote from: iqlimasyadiqa on February 09, 2017, 09:34:45 AM

Quote from: Master_dandosha on February 07, 2017, 05:47:34 PM

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

I agree with you . we are fortunate to have known bitcoin today. because bitcoin we can use in the future. by holding I'm sure we can get a big profit in the future. we only spend money at this time, even if it means a sacrifice.

Bitcoin is still best investment as a long term investment and people who keep their coins long term have the best profit. So if you buy Bitcoins now you are thinking for the future. Even at the big price like now it's worth to put some money at side and invest it to Bitcoin. Even better is if you can earn them.

iqlimasyadiqa

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Quote from: Master_dandosha on February 07, 2017, 05:47:34 PM

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

I agree with you . we are fortunate to have known bitcoin today. because bitcoin we can use in the future. by holding I'm sure we can get a big profit in the future. we only spend money at this time, even if it means a sacrifice.

iram3130

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Quote from: poetra2501 on February 09, 2017, 06:22:24 AM

Quote from: legendbtc on February 08, 2017, 11:16:30 AM

Quote from: Master_dandosha on February 07, 2017, 05:47:34 PM

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

Bitcoin is always the better option for investing and holding longer period because people who invested in the year 2013, Now people will make huge money by now if they hold bitcoin till now. Really it will give bigger profits to people who hold for long haul.

I agree with you're guys, in this century, Bitcoin has experienced extraordinary demand,
and it may be good long-term investment, because we sure every year the price of the bitcoin continues to rise

We don't know about that yet. It was a great time for Bitcoin from the beginning. People who have invested back in the days got huge profit now and most of them are still holding their Bitcoins in the dream of reaching $2000 mark per BTC.
But don't forget that nowadays we are going through some very harsh difficulties. If we overcome all those then we can say that Bitcoins are the best investment of this decade.

poetra2501

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Quote from: legendbtc on February 08, 2017, 11:16:30 AM

Quote from: Master_dandosha on February 07, 2017, 05:47:34 PM

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

Bitcoin is always the better option for investing and holding longer period because people who invested in the year 2013, Now people will make huge money by now if they hold bitcoin till now. Really it will give bigger profits to people who hold for long haul.

I agree with you're guys, in this century, Bitcoin has experienced extraordinary demand,
and it may be good long-term investment, because we sure every year the price of the bitcoin continues to rise

silversurfer1958

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You got to accept price fluctuations, people buy in (Whales who buy large quantities) which pushes up the price, then they cash out.
I guess as market cap increases, it will be harder for a Whale todo that, but look at Gold and Silver, they're also manipulated and their
market cap is bigger than bitcoin.
Fluctuations are inevitable, and are actually a good thing, yea, it causes uncertainty, but at the same time, volatility can be a source
of gain.
A few weeks ago, I just happened to buy some Monero, quite by accident, the price shot up afterwards, and I cashed some out to
buy back in to Bitcin and other altcoins.
I only made around $100 byt that was over a third of my holdings so..
Price fluctuations can be a good thing, we all feel good when the Price of Bitcoin / Altcoin Soar, but equally, if you have long term faith
in your altcoin holdings, price crashes can be a way of buying more cheaply.

Embrace Volatility Wink

legendbtc

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Quote from: Master_dandosha on February 07, 2017, 05:47:34 PM

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

Bitcoin is always the better option for investing and holding longer period because people who invested in the year 2013, Now people will make huge money by now if they hold bitcoin till now. Really it will give bigger profits to people who hold for long haul.

mrjoy15

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Quote from: Master_dandosha on February 07, 2017, 05:47:34 PM

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

I agree with you,because of in coming decades the price of bitcoin will go further more high where already it have a good demand.So,simply buying Bitcoin and hold it will be the best thing to do at this moment,in my opinion.You will discover so many ways to make money but Buying and Holding one of the most effective and secure way to make money.

bitllionaire

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Quote from: bitcoinmar on July 03, 2015, 04:48:45 PM

Quote from: bitcoinarchitecture on July 03, 2015, 04:42:20 PM

Put some in coldstorage. But for Bitcoin to succeed I also think you should use them, to buy, trade etc.

Holding bitcoin for long term is good but you need to have some eye on board also because its giving good profit on short term basis also as happen few days back some bump and now again prices going on regular rate

but short term investment is good only for those people who have good experience in short term investment and those people who are good decision taker as to me i am not a good decision take and i really feel very hard when to sell my bitcoin. as i am holding my bitcoin for long time and in previous two bumps i cannot decide to sell my bitcoin. therefore long term investment is too good for me i think.

FlightyPouch

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Quote from: Master_dandosha on February 07, 2017, 05:47:34 PM

Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

It is really be a good investment and its price really is unpredictable. But my big and worst regret is not earning bitcoin when I had first seen it and talk about by the people around me. It was 2007 or 2010., the price of bitcoin that time is like a candy and I can buy a lot. Well if I just start earning bitcoins that time and then save it until now, I think I am somewhat rich.

Master_dandosha

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Bitcoin is the best investment for the coming decades , simply because many like bitcoin right now and the price will go further more due the old theory of demand and supply , but mostly important is to secure your investment .

richardsNY

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Quote from: Bitcoinsummoner on February 07, 2017, 02:59:20 PM

Quote from: phr0stbyt3 on February 07, 2017, 02:43:30 PM

Quote from: Mihaylovic on February 07, 2017, 01:13:16 PM

maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

Technically what you are saying is wrong. If you currently see the price it has increased from 700$ to 1000$ in just 1-2 months. So you still think that in the future the price won't go up??
I would recommend all the people who currently have btc to hold it and not sell it because it has lot's of potential in the coming months.

Well you have a point but there is no assurance that the price could be still increase more or bitcoin will stay alive for too long.. if bitcoin will be legal worldwide maybe we can use bitcoin and hold it for a long time like you said the price is gradually increasing and i think more price increase happen.. and more adoption and more development will come..

In order to benefit from short term fluctuations you can simply secure profits every now and then where alongside that you have a certain amount of coins for the long term. In that case you will be able to benefit from both your short and long term investments. Why choosing just one option when you can do both things without any problems? It's always important to keep all options open without limiting yourself. That's how you make money.

Bitcoinsummoner

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Quote from: phr0stbyt3 on February 07, 2017, 02:43:30 PM

Quote from: Mihaylovic on February 07, 2017, 01:13:16 PM

maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

Technically what you are saying is wrong. If you currently see the price it has increased from 700$ to 1000$ in just 1-2 months. So you still think that in the future the price won't go up??
I would recommend all the people who currently have btc to hold it and not sell it because it has lot's of potential in the coming months.

Well you have a point but there is no assurance that the price could be still increase more or bitcoin will stay alive for too long.. if bitcoin will be legal worldwide maybe we can use bitcoin and hold it for a long time like you said the price is gradually increasing and i think more price increase happen.. and more adoption and more development will come..

phr0stbyt3

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Quote from: Mihaylovic on February 07, 2017, 01:13:16 PM

maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

Technically what you are saying is wrong. If you currently see the price it has increased from 700$ to 1000$ in just 1-2 months. So you still think that in the future the price won't go up??
I would recommend all the people who currently have btc to hold it and not sell it because it has lot's of potential in the coming months.

Mihaylovic

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maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc

AUDREY23

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Nice also hold bitcoin for a long time, but even better if used for buying and selling it would be more profitable because the price of bitcoin today continues to rise slowly, buying at low prices and resell at a higher price results are quite make a snack daily

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