Is Holding Bitcoin a long time good way to make money? - page 76.

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: TheBobyHunter on January 31, 2017, 09:26:06 PM

holding bitcoin long time is not the best profit
you can trading use margin trading can get many profit, indaytrade is good is low price buy, and high price sell, and use margin short

Well, it is riskier if you spend your money in trading. Holding bitcoin, however, is more safer although I can only bring you a small profit. If you decide to invest for a long term, holdding bitcoin is the most suitable way for you because in about 5 or 10 years later, you can obtain a lot of profit from it since i can unsure that the prices will hit the sky. Bitcoin will absolutely cross $5000. Therefore, Bitcoin, in my opinion, is still the most profitable type of investments

angaper

hero member

Activity: 966

Merit: 507

Quote from: diegz on January 31, 2017, 04:46:59 AM

Quote from: oxygen88 on January 31, 2017, 04:36:54 AM

Holding does not ensure you to make money from Bitcoins, learning when to buy and sell is the best way, following more bitcoins news will enable you to predict the bitcoin price.

It depends. Not all the news about bitcoin can be trusted. There are also news that are fake and sometimes would just lead you to the wrong speculation. But if you keep on studying the graphs, and what was talked about in this forum about the price, then eventually you will learn how the price moves and that's the right time to move in to the higher level which is trading.

However not everybody is interested in becoming a trader and spending time in analyzing charts and indicators. Most ordinary people are only looking for a safe heaven for their assets and in this case I think bitcoin could be a good option for them to multiply their investments in the long run.

TheBobyHunter

sr. member

Activity: 518

Merit: 494

holding bitcoin long time is not the best profit
you can trading use margin trading can get many profit, indaytrade is good is low price buy, and high price sell, and use margin short

Monnt

legendary

Activity: 938

Merit: 1002

Quote from: JANGKRIK BOSS on January 30, 2017, 03:10:28 AM

I originally thought that way, but after the fall of the price of the bitcoin 35% within 1 week, then I decided to take advantage when I think the price is already high. take a look at the price now, it looks like January will not be reached $1.000

I guess you mean trading is better, well yeah if you have patience and capital whole holding is much better than trading for those who cannot determine the best time to sell and buy bitcoins. But holding is not like we hold bitcoins now and in evening we start getting curious and start looking at preev, rather investing or holding means like you just forget (mentally) about those coins for an year.

diegz

hero member

Activity: 798

Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: oxygen88 on January 31, 2017, 04:36:54 AM

Holding does not ensure you to make money from Bitcoins, learning when to buy and sell is the best way, following more bitcoins news will enable you to predict the bitcoin price.

It depends. Not all the news about bitcoin can be trusted. There are also news that are fake and sometimes would just lead you to the wrong speculation. But if you keep on studying the graphs, and what was talked about in this forum about the price, then eventually you will learn how the price moves and that's the right time to move in to the higher level which is trading.

oxygen88

sr. member

Activity: 306

Merit: 250

Holding does not ensure you to make money from Bitcoins, learning when to buy and sell is the best way, following more bitcoins news will enable you to predict the bitcoin price.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: geopolisch on January 31, 2017, 03:27:42 AM

Quote from: marcoman22 on January 29, 2017, 10:38:35 PM

Yes, holding Bitcoin for a long time is good.As we see Altcoins are not performing well.No good progress has been found in Altcoins.Most of them are just shitcoins.We could see bitcoin has recovered from its recent fall due to china impact.Nothing happened like 2013.More companies are adopting bitcoin.Bitcoin related businesses will flourish in the future.Bitcoin is expected to reach $2000 by the end of 2017.Since bitcoin supply is finite, its price would reach much high in future.

Exactly ! the shit coins ( ah sorry altcoins ) are just to invest in short term, gain profit and get away while bitcoins is something we can rely on since its running and being constant since yars and the best part each year the average price of bitcoins just get higher and higher only.

I guess with your method it's better to invest during ICO, some altcoins are good in pumping its price, we could make great income if ever we will risk on them. The moment you earn form your altcoins investment, try to consider converting it to bitcoin and save for long term. That's my plan actually, just sharing with you guys as I feel it's useful.

geopolisch

hero member

Activity: 1022

Merit: 511

Quote from: marcoman22 on January 29, 2017, 10:38:35 PM

Yes, holding Bitcoin for a long time is good.As we see Altcoins are not performing well.No good progress has been found in Altcoins.Most of them are just shitcoins.We could see bitcoin has recovered from its recent fall due to china impact.Nothing happened like 2013.More companies are adopting bitcoin.Bitcoin related businesses will flourish in the future.Bitcoin is expected to reach $2000 by the end of 2017.Since bitcoin supply is finite, its price would reach much high in future.

Exactly ! the shit coins ( ah sorry altcoins ) are just to invest in short term, gain profit and get away while bitcoins is something we can rely on since its running and being constant since yars and the best part each year the average price of bitcoins just get higher and higher only.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: digaran on January 30, 2017, 06:29:04 PM

Quote from: scarface on January 30, 2017, 06:13:51 PM

Quote from: JC btc on January 30, 2017, 10:57:44 AM

Yes, holding for a long term is a great idea but I don't think that you hold all your earnings, there are lot of opportunities awaiting out there and don't depend all in bitcoin. Yes, bitcoin can change our life but I am not advising that you just depend on bitcoin, explore don't just wait and hold. You can use bitcoin in other ways like opening a new business etc.

Why to simply hold them for a long term when we have an choice to grow them in trading and I will never keep my coins idle in wallet without using it anywhere as it will make bitcoins a weaker currency in future so I will prefer to invest them in trading and try to multiply them and I am sure the number of coins will be much higher in future in compare to only holding them.

From a year ago until now the bitcoin price doubled, so if someone could buy 5000BTC in a month and hold for 11 months he would've owned $4.5m by selling them right now considering the price at the time of buying $450. show me any safe trading or investing method like that.
Next year price will be around twice as it is right now and people will doubt it yet again.

Holding Bitcoin is by far the safest form of investing in the crypto world, but you can't just assume the price will double in value beforehand. It could very well turn out to be an extremely bad investment if the price tanked like 50% in a matter of a year. I have to note that investing in Bitcoin at sub $500 prices makes things a whole lot easier. If you look at current situation, then a doubled value means reaching $1800 at current prices. Don't forget that the higher the price is, the lower your eventual profits will be in percentages.

Ewinsane

hero member

Activity: 980

Merit: 523

Quote from: llanillo on January 28, 2017, 06:37:13 PM

Quote from: TribalBob on January 28, 2017, 05:36:32 PM

Quote from: ironm@n on January 28, 2017, 05:11:00 PM

Quote from: legendbtc on January 25, 2017, 09:08:06 AM

Quote from: Fireblade on January 23, 2017, 11:47:48 AM

Quote from: liuka on January 22, 2017, 06:25:51 PM

Quote from: davids on January 22, 2017, 05:17:59 PM

holding bitcoin for long time can make profits.It is good to buy bitcoin at low price and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

I think that as long as you have the tools to know which direction the price will take next, any asset can give good results in the short term, the problem is that altcoins are very unstable, and this increases the risk that there is panic selling in the market. In that sense, in fact, it is safer to hold Bitcoin if you want something less unstable, but it is possible to get good results in the short term as long as you are a good trader.

Making good profits from bitcoins can be time consuming as price is stable at a moment and we don't know when the price will pump but if invested in right altcoins then it can give big profits in quick time but its a risky business to do but if you understand the chart and choose the right coin then you can expect some really good profits out of it.

Altcoin market is a risky place to invest and not all can succeed in making profits from it so the right decision would be to keep them safe in wallet for future and sell when its giving you a good profits and holding them for next 5 years can be really a good decision as price will be much higher by that point of time.

you are right that altcoin is risky because i never invest my bitcoin in any altcoin because i lose my bitcoin many times in altcoin trading now i just trade bitcoin because bitcoin is much more powerful currency and now i hold my all bitcoin in my wallet so also recommend that hold your bitcoin in your wallet for the future i hope it will be profitable for you.

digaran

copper member

Activity: 1330

Merit: 899

🖤😏

Quote from: scarface on January 30, 2017, 06:13:51 PM

Quote from: JC btc on January 30, 2017, 10:57:44 AM

Yes, holding for a long term is a great idea but I don't think that you hold all your earnings, there are lot of opportunities awaiting out there and don't depend all in bitcoin. Yes, bitcoin can change our life but I am not advising that you just depend on bitcoin, explore don't just wait and hold. You can use bitcoin in other ways like opening a new business etc.

Why to simply hold them for a long term when we have an choice to grow them in trading and I will never keep my coins idle in wallet without using it anywhere as it will make bitcoins a weaker currency in future so I will prefer to invest them in trading and try to multiply them and I am sure the number of coins will be much higher in future in compare to only holding them.

From a year ago until now the bitcoin price doubled, so if someone could buy 5000BTC in a month and hold for 11 months he would've owned $4.5m by selling them right now considering the price at the time of buying $450. show me any safe trading or investing method like that.
Next year price will be around twice as it is right now and people will doubt it yet again.

scarface

sr. member

Activity: 350

Merit: 250

Spectiv VR Crowdsale: 12/08/17

Quote from: JC btc on January 30, 2017, 10:57:44 AM

Yes, holding for a long term is a great idea but I don't think that you hold all your earnings, there are lot of opportunities awaiting out there and don't depend all in bitcoin. Yes, bitcoin can change our life but I am not advising that you just depend on bitcoin, explore don't just wait and hold. You can use bitcoin in other ways like opening a new business etc.

Why to simply hold them for a long term when we have an choice to grow them in trading and I will never keep my coins idle in wallet without using it anywhere as it will make bitcoins a weaker currency in future so I will prefer to invest them in trading and try to multiply them and I am sure the number of coins will be much higher in future in compare to only holding them.

coinplus

legendary

Activity: 1386

Merit: 1058

Quote from: Invester on January 29, 2017, 02:44:36 PM

If this person is still holding his bitcoin from this date of post to now it's more than 400% of its value. Now I begin to think if it''s possible to begin saving my bitcoin and expecting it to grow as high as 400% before 2020 starts.

It is worth saving but I will suggest that you should invest them in a safe business along with hold. Because friend each of us has a duty to keep the transactions in check and moreover there is no problem in earning some extra profit while we are profiting with the hold itself.

Though invest should be made carefully because its pretty risky now a days, maybe lending is the only option in today's market.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: masterkiller on January 28, 2017, 10:23:44 PM

I think holding bitcoins for a long term can be a really good decision to make but holding should be limited to maximum 5 years and not more then that bitcoin will surely survive for next 5 years but not sure whether it can sustain for next 15 to 20 years or not and price will be definitely higher in next 5 years so I think that would be the best time to sell bitcoins.

Actually 5 years is a pretty big term and if someone can save like 2-3 bitcoins at least for this much time I can almost guarantee that he will multiply his money ten times because see the more people are coming the lesser bitcoins are there in each person's wallet and hence every bit is getting more and more precious, simple and easy as that !
More spreading = more profit !

JC btc

sr. member

Activity: 770

Merit: 253

Yes, holding for a long term is a great idea but I don't think that you hold all your earnings, there are lot of opportunities awaiting out there and don't depend all in bitcoin. Yes, bitcoin can change our life but I am not advising that you just depend on bitcoin, explore don't just wait and hold. You can use bitcoin in other ways like opening a new business etc.

Rahar02

hero member

Activity: 910

Merit: 523

For now, I don't think you could, unless if you have like $999.999 USD and buy bitcoin, which not many people have it.
Although, it's a bad behavior that impact to the market price and the reason why we can't move to reach ATH, the last time we were at $1100 and fall to $700, we need a real bitcoiners to join the community and give positive impact to bitcoin environment.
As you said, holding bitcoin for a long time could be a good way but not just to make money instead of direct spending to merchants.

Text

hero member

Activity: 2464

Merit: 594

Bitcoin Casino Est. 2013

Not all of us here can have a big capital to invest in bitcoin so some of us here are just depending on the services to be got paid or claim satoshis, collecting a lot as long as we can. I truly believe that holding is a good long term investment. If we feel the right time comes to sell our coins then we can make a profit.

upsidedown75

legendary

Activity: 1288

Merit: 1036

Quote from: Shady on January 28, 2017, 08:02:38 PM

Knowing Bitcoin always seems to stabilize higher, the returns are not only long term, but short term because of heightened spikes.

By no means are BTC + large cryptocurrencies the only options. Try for all aspiring small coins with potential.

But bitcoins are the only coins we can trust because small coins we cannot trust if they will stay in the market after an year.

Actually holding is an awesome investment but not everyone has some money to block in a certain asset. Those who have, can easily make enormous profits.

jossiel

hero member

Activity: 2842

Merit: 625

Quote from: JANGKRIK BOSS on January 30, 2017, 03:10:28 AM

I originally thought that way, but after the fall of the price of the bitcoin 35% within 1 week, then I decided to take advantage when I think the price is already high. take a look at the price now, it looks like January will not be reached $1.000

It will always be a good way to make money as the experienced bitcoin users who did adopted bitcoin earlier did this before.

And I believe that this is one of the best way to make money because you don't have to make yourself too busy monitoring for it like trading.

So when we see the price goes up we can just simply sell, the price fall of bitcoin is just normal but after that increase is guaranteed.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Invester on January 29, 2017, 02:44:36 PM

If this person is still holding his bitcoin from this date of post to now it's more than 400% of its value. Now I begin to think if it''s possible to begin saving my bitcoin and expecting it to grow as high as 400% before 2020 starts.

It rised fast until now becaue it was simple massively undervalued, $200 was not the right value absolutely, but from now you can not really expect another 400% increase without a very long time and a good amount of adoption

this time only pump and dump from whales will not due it, you need new people entering int he market or big rich investors

Topic: Is Holding Bitcoin a long time good way to make money? - page 76. (Read 368872 times)