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Topic: Is Holding Bitcoin a long time good way to make money? - page 74. (Read 368872 times)

hero member
Activity: 532
Merit: 500
Holding long is really a good thing to the users who have long time goals to be achieved. Because without doubt a small investment made now will surely fulfil the plan of the user. To have a exact plan its good to analyze about the growth from the days of bitcoin's invention.
although i am also in favour of long term investment. and specially when the price of bitcoin is trading about 1000 USD. because currently short term investment can be risky, but i think but i think long term investment can only be profitable that if you have a good amount of bitcoin and if you can hld it for a long time. then long term investment be more profitable.
hero member
Activity: 966
Merit: 517
a few days the price of bitcoin is high fluctuation
but it seems dump is already over. it is time to buy btc and holding for a long time
its a good way to make a lot of money.
If you are planning to purchase bitcoin to hold for a long time plan on entering during the dumping phase rather than catching when the price is rising so that you can make the maximum profit because it will recover at a later time and from time to time we have seen the recovery with every dumps and every bump in the price occurred because of FUD news either happening in China or because of the economic situation of some countries.
in fact when the downward trend of bitcoin starts no one know that where will the price of bitcoin going to get support, therefore no one like to invest their money in such kind of situation, people get confident when the price start increasing. as in present time we can see that the price of bitcoin has now started increasing therefore everyone is not trying to invest and book some profit.
But I have saw that a number of expert traders and intelligent bitcoin users start to invest in bitcoin when the price of bitcoin start to decrease as they know that it is only a short term down in the price and they know that once again the price of bitcoin will start to increase so those who buy in that time when the price of bitcoin start to decrease often earn a good profit.
yes it definitely happen when the price of bitcoin start to decrease as at that it the traders know that the price of bitcoin will increase after this dump and they start to buy more bitcoins with lower price at that time only those people sell their coins who do not have much believe on bitcoin or who do not have much knowledge about the frequent rise and fall while those who know that it sometimes fall and sometimes drop then start to buy and get benefit in the future.
hero member
Activity: 896
Merit: 500
I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years
That's very true when you know how to use bitcoin already you can make money with it without any doubts for me bitcoin nowadays are better not like the old ones where its too difficult to earn bitcoin from faucet and other things it because lack of users and lack of demand now bitcoin is everywhere.
I see by the progress of the bitcoin as now, its great for bitcoin development will impact future ,
surely if we hold longer our assets (Bitcoin) with a long-term holding, it would give us an more advantage
hero member
Activity: 924
Merit: 500
I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years
That's very true when you know how to use bitcoin already you can make money with it without any doubts for me bitcoin nowadays are better not like the old ones where its too difficult to earn bitcoin from faucet and other things it because lack of users and lack of demand now bitcoin is everywhere.
sr. member
Activity: 546
Merit: 255
Of course , like if you would have purchased bitcoin at the beginning , when it started.
You would now have been rich.
Even you can do the same , but now the prices are very high .
And so now you already need to be rich to become more rich.
Still if you purchase less bitcoins . Like decimal bitcoins( Satoshi's) , you can still make profits but very less.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years
you are right that bitcoin is holding is very good way to make money because bitcoin increasing its price too much faster day by day and there is a lot of people are adopting bitcoin in huge amount and then hold it for the future because they know that bitcoin will be more increasing its price too much faster so hold is better and profitable nowadays.
Bitcoin is the best long term investment because the prices tend
to be a very sharp increase occurred. Every year the price is definitely improved.
And it would make bitcoin a great asset on future

i am agree, bitcoin is our asset for future but we don't have to keep all of our bitcoin and only waiting the increase of the price, if we want to make our bitcoin grow, then we should search another way to make it growth like trading, investment, or others so if we know that the price is on higher price, then we can sold it while we still have another bitcoin in our wallet.
hero member
Activity: 896
Merit: 500
I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years
you are right that bitcoin is holding is very good way to make money because bitcoin increasing its price too much faster day by day and there is a lot of people are adopting bitcoin in huge amount and then hold it for the future because they know that bitcoin will be more increasing its price too much faster so hold is better and profitable nowadays.
Bitcoin is the best long term investment because the prices tend
to be a very sharp increase occurred. Every year the price is definitely improved.
And it would make bitcoin a great asset on future
hero member
Activity: 952
Merit: 503
I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years
you are right that bitcoin is holding is very good way to make money because bitcoin increasing its price too much faster day by day and there is a lot of people are adopting bitcoin in huge amount and then hold it for the future because they know that bitcoin will be more increasing its price too much faster so hold is better and profitable nowadays.
legendary
Activity: 2282
Merit: 1041
I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years

This is the one reason why traders have been holding bitcoin and selling it on prices rise beyond 1000USD. The prices keep on increasing every year and so the people are willing to buy some bitcoin, hold it and then sell it sometime later. Holding the coins for years may not yield so much profit as daily trading but still its good for people who are busy with other work and cant watch the markets all day.

Holding it is the safest thing to do but then you are going to miss a lot of money to earn by just holding it. Its not like you stake it with your wallet and your BTC grows, its the value the grows yet its just $.  If you don't own a lot of it, its better to just buy low and sell high as what they say.  Sell your current BTC during its bubble and then buy them back after seeing people are already dumping. Its the game traders master overtime.  Exchanges with BTC/USD are your friends.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years

This is the one reason why traders have been holding bitcoin and selling it on prices rise beyond 1000USD. The prices keep on increasing every year and so the people are willing to buy some bitcoin, hold it and then sell it sometime later. Holding the coins for years may not yield so much profit as daily trading but still its good for people who are busy with other work and cant watch the markets all day.
hero member
Activity: 672
Merit: 500
a few days the price of bitcoin is high fluctuation
but it seems dump is already over. it is time to buy btc and holding for a long time
its a good way to make a lot of money.
If you are planning to purchase bitcoin to hold for a long time plan on entering during the dumping phase rather than catching when the price is rising so that you can make the maximum profit because it will recover at a later time and from time to time we have seen the recovery with every dumps and every bump in the price occurred because of FUD news either happening in China or because of the economic situation of some countries.
in fact when the downward trend of bitcoin starts no one know that where will the price of bitcoin going to get support, therefore no one like to invest their money in such kind of situation, people get confident when the price start increasing. as in present time we can see that the price of bitcoin has now started increasing therefore everyone is not trying to invest and book some profit.
But I have saw that a number of expert traders and intelligent bitcoin users start to invest in bitcoin when the price of bitcoin start to decrease as they know that it is only a short term down in the price and they know that once again the price of bitcoin will start to increase so those who buy in that time when the price of bitcoin start to decrease often earn a good profit.
hero member
Activity: 854
Merit: 504
Holding long is really a good thing to the users who have long time goals to be achieved. Because without doubt a small investment made now will surely fulfil the plan of the user. To have a exact plan its good to analyze about the growth from the days of bitcoin's invention.
Yes,that's correct,surely holding bitcoin a good practice especially those users who have quite patient cause it's one kind of long time investment.As we see Bitcoins are performing well,good progress has been found if we guys look out the current price of Bitcoins currently it's upfront.Luckily if you guys good skill person there so many ways to make money.
hero member
Activity: 737
Merit: 551
I think so, bitcoin is good way to make money
If do you have bitcoin it is better to hold it, the price will rise every years
hero member
Activity: 994
Merit: 502
Holding long is really a good thing to the users who have long time goals to be achieved. Because without doubt a small investment made now will surely fulfil the plan of the user. To have a exact plan its good to analyze about the growth from the days of bitcoin's invention.
legendary
Activity: 1918
Merit: 1728
There is a difference between net worth and profit!
Suppose you bought Bitcoin this year for $1000 and hold it. It means you invested $1000 in Bitcoin and your net worth increased by that amount (obviously there will no rise in net worth since you bought btc with your own cash).
Now, in following year Bitcoin rose to $1200 and you sold it. So on the whole you earn profit of $200. But when you observe carefully, holding process ended!
So, holding and profit are contradicting terms. By holding Bitcoin one can increase his/her net worth but for profit trading bitcoin is only solution!
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
you should invest but if u got btc from back on 2011 u will get profit

Yes people who bought btc back in 2009 and 2010 time are making profit selling. But in this case most of them have already sold away all their coins in the years that followed since btc price was increasing and they wanted to book profits.

Even today buying some btc is worth it since people are always trading on btc and hence prices keep fluctuating - more importantly increasing enough to give us profits on selling.
hero member
Activity: 896
Merit: 500
I would say it is safer than trading, but it certainly is not as profitable as it is. The problem is that the price of Bitcoin varies in a very difficult way to predict, and sometimes the variations have a greater amplitude than is expected. So I think there is less chance of disappointment by holding Bitcoin.
thats why I prefer and always suggest my co bitcoiners to use their bitcoin and try to increase them by investing them or using them on trading. you can save your bitcoin but don't expect much profit from them.
I agree with you . save bitcoin will not always profitable. however trading / investing can be profitable. we can achieve little by little. and then we did the investment return, so that our capital is greater.
In my point of view, The choice depends to everyone according to their passion and there are some people that if want not to take the risk in trading and are willing to wait in a long period of time to achieve a profit. Although if we see about profit, trading give bigger profit.
I totally agree, all will surely benefit, more or a little. For long term trading it will be
a lot of advantages, but it's takes a long time. And by doing short-term trading we will quickly get profits, although just a little.
MMA
legendary
Activity: 1134
Merit: 1000
a few days the price of bitcoin is high fluctuation
but it seems dump is already over. it is time to buy btc and holding for a long time
its a good way to make a lot of money.
If you are planning to purchase bitcoin to hold for a long time plan on entering during the dumping phase rather than catching when the price is rising so that you can make the maximum profit because it will recover at a later time and from time to time we have seen the recovery with every dumps and every bump in the price occurred because of FUD news either happening in China or because of the economic situation of some countries.
in fact when the downward trend of bitcoin starts no one know that where will the price of bitcoin going to get support, therefore no one like to invest their money in such kind of situation, people get confident when the price start increasing. as in present time we can see that the price of bitcoin has now started increasing therefore everyone is not trying to invest and book some profit.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
a few days the price of bitcoin is high fluctuation
but it seems dump is already over. it is time to buy btc and holding for a long time
its a good way to make a lot of money.
If you are planning to purchase bitcoin to hold for a long time plan on entering during the dumping phase rather than catching when the price is rising so that you can make the maximum profit because it will recover at a later time and from time to time we have seen the recovery with every dumps and every bump in the price occurred because of FUD news either happening in China or because of the economic situation of some countries.
That is right, we have to be patient, the price is currently stable at $1,000, let's wait what will be the next movement. If the price will fall, still don't buy automatically, wait until it will start to rise again. Honestly, if you are waiting for cheap price, it needs more monitoring and you have to spend time to do it.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
a few days the price of bitcoin is high fluctuation
but it seems dump is already over. it is time to buy btc and holding for a long time
its a good way to make a lot of money.
If you are planning to purchase bitcoin to hold for a long time plan on entering during the dumping phase rather than catching when the price is rising so that you can make the maximum profit because it will recover at a later time and from time to time we have seen the recovery with every dumps and every bump in the price occurred because of FUD news either happening in China or because of the economic situation of some countries.
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