Topic: Is Holding Bitcoin a long time good way to make money? - page 77. (Read 368872 times)
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
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.
It's good to be optimistic, we should really think that way as our optimistic thinking would certainly help to make this economy continues its progress. I hope we are not disappointed when the price fall down just recently, we are in the new path of success now, once we will reach $1,000, the price increase will certainly continue. You can expect then to see $2,000 this year. Just be patient, everything will come at the right time. 
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.
I first got bitcoin from withdrawing from gambling sites. I deposited with another method but could withdraw bitcoin so i did it. Around that time bitcoin was around $220 usd or so and when i got it, i would then trade it for poker funds from other person etc because I didn't want to hold the bitcoins due to reading about price fluctuations. However, isn't the value of bitcoin almost always going to go up so its best to hold it? I know last year it was $600 and the highest was when it was more than $1000 per bitcoin. But since it is all the way down to $200-$300, isn't having bitcoin always good? Could bitcoin go all the way to 0 soon? I had thought hey if you get bitcoin when its $230 when the price stayed like that for a long time, thats great b/c very hard for it to go below $200 because i haven't seen that. But even if it does, isn't it almost always going to rebound and go back up? Last time i had btc and it was $230 or so and now it went up to $260. So if you have say 100 bitcoins... well... thats a nice $3000 profit or so.
I'm sure there are ppl that have thousands or bitcoins right and just hold on to it? And many that would sell btc immediately if prices go all the way up? If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right? However if they sell it via localbitcoins or other method, they are going to get a higher profit right? However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.
In general, isn't holding BTC always a good thing since the price of it is pretty low now? Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster. But since its in the $200-$300 range, isn't having BTC always good?
I'm sure there are ppl that have thousands or bitcoins right and just hold on to it? And many that would sell btc immediately if prices go all the way up? If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right? However if they sell it via localbitcoins or other method, they are going to get a higher profit right? However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.
In general, isn't holding BTC always a good thing since the price of it is pretty low now? Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster. But since its in the $200-$300 range, isn't having BTC always good?
do all bitcoin is stored for a long period, but partly used for investments, so we will no longer make entries stored in addition we can also seabagian more revenue and create additional stored
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.
If you are a good trader, then surely in the short term Bitcoin can also be a good way to make profit. The problem is that even good traders have trouble making price forecasts in this market. Under such conditions, I think it would be safer to trade with a small portion of your holdings, and keep most of your coins, at least eighty percent, for the long term. That's what I would do, but I think planning should depend on the conditions and perceptions of each person. By no means are BTC + large cryptocurrencies the only options. Try for all aspiring small coins with potential.
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.
You have the right to expect it but no one knows what will happen before 2020 starts. You may get nice profit but you may lose as well as we cant predict the price of bitcoin correctly. If you believe it will increase 400% so you can start holding it, but if you ask me then I would say it wont increase that big before 2020.
Yes, this is basically true since past performance in the price of bitcoin does not guarantee similar results in the future. In addition, being a good entirely based on current digital technology, we don't know how these these technologies will evolve in the future, and the consequences they could bring for bitcoin in comparison with the more advanced cryptocurrencies to come.
Yeah we may see some new currency in coming years which can be far better then bitcoins and would holding better benefits then bitcoins and if that really happens then many people will switch their investment and quit bitcoins which may make bitcoin to disappear completely from the market.
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.
You have the right to expect it but no one knows what will happen before 2020 starts. You may get nice profit but you may lose as well as we cant predict the price of bitcoin correctly. If you believe it will increase 400% so you can start holding it, but if you ask me then I would say it wont increase that big before 2020.
Yes, this is basically true since past performance in the price of bitcoin does not guarantee similar results in the future. In addition, being a good entirely based on current digital technology, we don't know how these these technologies will evolve in the future, and the consequences they could bring for bitcoin in comparison with the more advanced cryptocurrencies to come.
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.
You have the right to expect it but no one knows what will happen before 2020 starts. You may get nice profit but you may lose as well as we cant predict the price of bitcoin correctly. If you believe it will increase 400% so you can start holding it, but if you ask me then I would say it wont increase that big before 2020.
Nothing is impossible and anything is possible with bitcoins and only time can show us an clear picture what will happen in the future holding bitcoins is good but not that long and you should sell them when it reaches to highest level and buy back and that is the best way of making profits and that opportunity should not be missed.
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.
You have the right to expect it but no one knows what will happen before 2020 starts. You may get nice profit but you may lose as well as we cant predict the price of bitcoin correctly. If you believe it will increase 400% so you can start holding it, but if you ask me then I would say it wont increase that big before 2020.
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.
Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain lowAs of now bitcoin is leading currency where are many stores are being accepted, but in future there are many chances that bitcoin can replaced with other currency. But i hope bitcoin is one of leading currency of all other currency, zcash and etherium are even better as of now but it won't be stable like bitcoin.
Short term investments like altcoin trading can give you profits if you manage to deal with it in a proper way but there is no assurance that it will bring only profits for you it may also go in opposite direction and price of bitcoins is expected to go higher in future so best choice would be hold them for a longer period of time.
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.
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.
Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain lowAs of now bitcoin is leading currency where are many stores are being accepted, but in future there are many chances that bitcoin can replaced with other currency. But i hope bitcoin is one of leading currency of all other currency, zcash and etherium are even better as of now but it won't be stable like bitcoin.
I think the others meant that even if the price of bitcoin keeps increasing in the past few years and now it doesn't mean that it
will also will in the future. They are aknowledging its risks that might happen. Yes short term investments require a decent
knowledge and experience but in my opinion if you have the two day trading with bitcoins is much more profitable than long
term which is you have to wait for a long time and day trading is not.
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.
Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain lowAs of now bitcoin is leading currency where are many stores are being accepted, but in future there are many chances that bitcoin can replaced with other currency. But i hope bitcoin is one of leading currency of all other currency, zcash and etherium are even better as of now but it won't be stable like bitcoin.
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.
Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain lowAs of now bitcoin is leading currency where are many stores are being accepted, but in future there are many chances that bitcoin can replaced with other currency. But i hope bitcoin is one of leading currency of all other currency, zcash and etherium are even better as of now but it won't be stable like bitcoin.
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.
Yeah I agree. We can not sure whether other cryptos will replace Bitcoin or not. In the next 15 or 20 years, Bitcoin may not be the best cryptos like it is right now because there will be more and more effective cryptos will be created. AS you can see, zcash and Etherium are now even better than Bitcoin, but the prices are not very high because the number of people who understand fully how they work still remain low 
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.
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.
By no means are BTC + large cryptocurrencies the only options. Try for all aspiring small coins with potential.
If you have huge amount of coins saved in your wallet then it can be an best investment for the future but if you have 2 or 3 btc in wallet then it won't give you huge profits as price won't reach to millions in quick time so if you want to increase the level of coins in your wallet then better to invest them in trading and try to multiply them in a quick time.
It's impossible to multiply your coins in a short time with trading without taking huge risks as in putting these coins into certain altcoins that you think may explode in value. I don't consider that to be trading anymore. It's gambling. If you're a conservative trader, then your priority is to avoid high risk trades that may result in you bringing yourself in unnecessary problems. If you gain like 5% per week, then you're doing quite a decent job. Calculate how much that would be at the end of the year. Conservative traders have the best returns.
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.
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.
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.
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.
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.
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.
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