Is Holding Bitcoin a long time good way to make money? - page 84.

CraigWrightBTC

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Quote from: loopes on December 19, 2016, 01:28:45 AM

Quote from: n0ne on December 12, 2016, 11:43:16 AM

Right now bitcoin price increase is getting continued for a long time. This gives every user an added profit. Bitcoin grows gradually, which describes that holding doesn't have any specific time. Everytime holding is effective.

Yeah for this time i think holding bitcoin is very good because there is some people predict that for this year bitcoin will halving.

You are right if the aim of investing into bitcoin for long time, but it is problem to me whom looking for money by daily from trading and i think the other traders altcoins are same with me.
So everything depend on the people use strategy of investments into bitcoins and other digital coins,
Because of i am daily traders holding bitcoins for long time is not good way to make money.

Victorycoin

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Quote from: jossiel on December 17, 2016, 05:10:38 AM

Quote from: salmanahmedone on December 17, 2016, 02:31:29 AM

Also the advantage of gaining more is high now because we do not know someday what will be the value of it.
Anyway for me, holding money or bitcoin for long for trading is good.

Much better to say that holding bitcoins for a longer time is better for having a good money. As the price is going to keep on increasing.

That's the cycle of bitcoin, the longer you will hold your bitcoins the more chance of increasing it's value.

And there's no doubt about it for it was proven by many of us.

All agree that buying and holding bitcoin is a good business decision, but something missing is that buying at just any price won't always corroborate our assumption. There is need to time when to buy some bitcoin, so that one does not end up having overpriced coins in one's hand, which might take a very long wait , if at all, to retest same price again.

lakisis

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Quote from: Bigdan on December 19, 2016, 07:19:28 PM

Yes especially if you can wait for it to halve next.

i hope bitcoin will be increase its price to 2000$ on the next halve so hold your bitcoin is much more profitable and i also holding my bitcoin in huge amount for the future and i will be get a big profit from bitcoin in the future .

coynedterm

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Quote from: carlisle1 on December 19, 2016, 10:17:36 PM

it is not impossible to make a lot of money from holding your bitcoin for a long time, it is a really great idea to make bitcoin a long term investment because there are many early adopters and people who just bought bitcoin at the lower price and holds it and then they became successful . long time holding of bitcoin can make you successful especially when the price increases more or if bitcoin has already reached the $1000 value nothing's impossible .

Since you are right but still the chances be to make Money by holding it for long time is because no one can predict that what will be price of Bitcoin after next 24 hour , So it is possible to make much profit by holding it for month only .
I mean to hold Bitcoin with stretagy and patience .

carlisle1

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it is not impossible to make a lot of money from holding your bitcoin for a long time, it is a really great idea to make bitcoin a long term investment because there are many early adopters and people who just bought bitcoin at the lower price and holds it and then they became successful . long time holding of bitcoin can make you successful especially when the price increases more or if bitcoin has already reached the $1000 value nothing's impossible .

JeffBrad12

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Quote from: Bigdan on December 19, 2016, 07:19:28 PM

Yes especially if you can wait for it to halve next.

Expecting about the next half the price will over $1200 and I think it will be possible. In this time The price was doubling comparing with the previous price before halving was happening. But if they can become the long-term decision. and you need to think about a short decision and I don't think if you want to throw a lot of your time into the trashcan.

Clement Kaliyar

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Quote from: Bigdan on December 19, 2016, 07:19:28 PM

Yes especially if you can wait for it to halve next.

If you follow the price and if you are good at trading then you could make more money than sitting idle on your coins till the next halving.With the current price it is not that easy to get more coins with your money unless you wanted to risk your savings and if you are confident then you can start purchasing the coins and wait for a long time.

Bigdan

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Yes especially if you can wait for it to halve next.

EdenHazard

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Quote from: naidray on December 19, 2016, 03:10:34 PM

Quote from: ~Spawn~ on December 19, 2016, 06:27:33 AM

Nothing is for sure, but I would say that the risk-reward ratio is acceptable, and much better than in many other investments. It is important to study the market in any way, to know the best time to invest.

If you are ready to agree that bitcoin is much better opportunity to invest then you also might come to know the best time to invest with bitcoins i.e right now. And to have the better benefits from bitcoin we must be needing to hold our investments for some long periods like 5 to 10 years.

i don't usually do this, i mean to invest in long term like for 5-10 years.

especially in bitcoin which i think it is more than just a place to invest, i do buy some today and spend it for a couple days , buy another bitcoin again and repeat it , i used in short term as i treat bitcoin as currency.

Skarner21

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Quote from: naidray on December 19, 2016, 03:10:34 PM

Quote from: ~Spawn~ on December 19, 2016, 06:27:33 AM

Nothing is for sure, but I would say that the risk-reward ratio is acceptable, and much better than in many other investments. It is important to study the market in any way, to know the best time to invest.

If you are ready to agree that bitcoin is much better opportunity to invest then you also might come to know the best time to invest with bitcoins i.e right now. And to have the better benefits from bitcoin we must be needing to hold our investments for some long periods like 5 to 10 years.

That's good range of holding but that is only applicable if you do have other source of income or else if you are always depending your profit with bitcoin then you must not do that. And this is a good example that many early adopters hold for a long time, and their wait is worth it because we can see that the price now is very good enough.

I could not wait for 5 years or so.. it takes too long time.. it is better to save more bitcoin and start your own business or better gradually save and spend your bitcoin for your business this is what i do that i am now started a blogging which is gradually increases the traffic and i hope in the future i can get more traffic.. which is it can be turn into bitcoin coin generator for me .. as my passive income right now i am earnings with bitcoin for advertising a-ads or other adnetwork.. this is method can be more good as investment than you are actually waiting for the bitcoin will rise before you can get profit.

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Quote from: Zadicar on December 19, 2016, 03:12:52 AM

Quote from: loopes on December 19, 2016, 01:28:45 AM

Quote from: n0ne on December 12, 2016, 11:43:16 AM

Right now bitcoin price increase is getting continued for a long time. This gives every user an added profit. Bitcoin grows gradually, which describes that holding doesn't have any specific time. Everytime holding is effective.

Yeah for this time i think holding bitcoin is very good because there is some people predict that for this year bitcoin will halving.

You are already off-topic mate since you do mention about halving. The next halving wont happen next year but in 2020. Better search off what is the true meaning of bitcoin halving. Holding bitcoin is really effective if you do have lots of money or bitcoin to invest but some do like to see profits on short term basis thats why they make investments.

I think he is totally newbie to bitcoin because he have heard about halving in 2016 but do not have any knowledge that it is passed a few months ago but still if he believe that the price will increase much higher and have to hold for longer then he is right it will definitely increase in value till the coming year and will continue more.

naidray

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Quote from: ~Spawn~ on December 19, 2016, 06:27:33 AM

Nothing is for sure, but I would say that the risk-reward ratio is acceptable, and much better than in many other investments. It is important to study the market in any way, to know the best time to invest.

If you are ready to agree that bitcoin is much better opportunity to invest then you also might come to know the best time to invest with bitcoins i.e right now. And to have the better benefits from bitcoin we must be needing to hold our investments for some long periods like 5 to 10 years.

Bitcoinsummoner

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Quote from: choppork on December 19, 2016, 01:31:26 PM

Quote from: ~Spawn~ on December 19, 2016, 06:27:33 AM

Nothing is for sure, but I would say that the risk-reward ratio is acceptable, and much better than in many other investments. It is important to study the market in any way, to know the best time to invest.

It is indeed much better than investing in some investment sites out there. But if you do have knowledge in establishing a business or franchising some business and your current location is pretty good, then I think you should do that instead. There are other things that are better investment than holding bitcoins. Holding bitcoins would take years to make profit so I think holding bitcoin is a good back up plan just in case things go south.

Well for me both are needed while you are saving and holding bitcoin you need to have a small business that you can scaleup your bitcoin to increase the amount if you are just holding it takes a long time before you can get benefits of price increase..
Trading is one of the good thing and the other thing is to become a publisher.. can gives you passive income if you are a publisher..

choppork

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Quote from: ~Spawn~ on December 19, 2016, 06:27:33 AM

Nothing is for sure, but I would say that the risk-reward ratio is acceptable, and much better than in many other investments. It is important to study the market in any way, to know the best time to invest.

It is indeed much better than investing in some investment sites out there. But if you do have knowledge in establishing a business or franchising some business and your current location is pretty good, then I think you should do that instead. There are other things that are better investment than holding bitcoins. Holding bitcoins would take years to make profit so I think holding bitcoin is a good back up plan just in case things go south.

~Spawn~

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Nothing is for sure, but I would say that the risk-reward ratio is acceptable, and much better than in many other investments. It is important to study the market in any way, to know the best time to invest.

Qartersa

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Quote from: Rudsild on December 19, 2016, 05:05:10 AM

Quote from: loopes on December 19, 2016, 01:28:45 AM

Quote from: n0ne on December 12, 2016, 11:43:16 AM

Right now bitcoin price increase is getting continued for a long time. This gives every user an added profit. Bitcoin grows gradually, which describes that holding doesn't have any specific time. Everytime holding is effective.

Yeah for this time i think holding bitcoin is very good because there is some people predict that for this year bitcoin will halving.

As long as the price rises in the long term, it is better to hold. If you hold since 2012, your wealth has increased many times.

Well we can't all be holding until forever. That would mean that the supply will be stagnant and no one will be able to buy anything if everybody just held. And the very moment one person sells his bitcoins, then the price will dip really bad. So I think if everybody only held bitcoins and not use it, then it'll be bad and it might kill bitcoins.

Rudsild

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Quote from: loopes on December 19, 2016, 01:28:45 AM

Quote from: n0ne on December 12, 2016, 11:43:16 AM

Right now bitcoin price increase is getting continued for a long time. This gives every user an added profit. Bitcoin grows gradually, which describes that holding doesn't have any specific time. Everytime holding is effective.

Yeah for this time i think holding bitcoin is very good because there is some people predict that for this year bitcoin will halving.

As long as the price rises in the long term, it is better to hold. If you hold since 2012, your wealth has increased many times.

Zadicar

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Quote from: loopes on December 19, 2016, 01:28:45 AM

Quote from: n0ne on December 12, 2016, 11:43:16 AM

Right now bitcoin price increase is getting continued for a long time. This gives every user an added profit. Bitcoin grows gradually, which describes that holding doesn't have any specific time. Everytime holding is effective.

Yeah for this time i think holding bitcoin is very good because there is some people predict that for this year bitcoin will halving.

You are already off-topic mate since you do mention about halving. The next halving wont happen next year but in 2020. Better search off what is the true meaning of bitcoin halving. Holding bitcoin is really effective if you do have lots of money or bitcoin to invest but some do like to see profits on short term basis thats why they make investments.

loopes

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Quote from: n0ne on December 12, 2016, 11:43:16 AM

Right now bitcoin price increase is getting continued for a long time. This gives every user an added profit. Bitcoin grows gradually, which describes that holding doesn't have any specific time. Everytime holding is effective.

Yeah for this time i think holding bitcoin is very good because there is some people predict that for this year bitcoin will halving.

Dudeperfect

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Quote from: viziano on December 12, 2016, 11:31:49 AM

At the moment yes..
But who knows how bright is the future lol..I think it won't skyrocket but will see.

Absolutely, storing bitcoin is beneficial on a micro level but since the value and price get affected with the activities of macro levels (and vice versa), the concept of storing bitcoin without spending any part of it is against the growth of itself. I believe the movement is growth and hence we should keep spending at least some part of our holdings in order to contribute to the growth of the network.

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