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Topic: Is Holding Bitcoin a long time good way to make money? - page 86. (Read 368873 times)

legendary
Activity: 1596
Merit: 1011
what i think in this, is that if one has bitcoin and he or she is holding it for a long time that can be person reason maybe at that period of time he or she is holding back maybe the exchange rate at that time might not really be high so you may want to keep it pending when it potential value in the exchange market is high.
it is a reasonable worry. everyone has it. the most important is maintaining and monitoring the price of bitcoin, bitcoin own when prices increase then we should sell it. better take a little advantage rather than take the risk and losses.
newbie
Activity: 14
Merit: 0
what i think in this, is that if one has bitcoin and he or she is holding it for a long time that can be person reason maybe at that period of time he or she is holding back maybe the exchange rate at that time might not really be high so you may want to keep it pending when it potential value in the exchange market is high.
newbie
Activity: 42
Merit: 0
Maybe yes, maybe no. Only holding it without doing nothing for long time is is not profitable unless you bought it with the lowest rate ever. It would be more profitable if you can trade it when there is a good chance to make profit. But holding your money maybe is also a good way if you want to only to make money and if you want only that bitcoin should be kept and never used for some thing.
legendary
Activity: 1484
Merit: 1004
Like you said bitcoin price has seen the 100$ range and the 200$ range. If you invest in bitcoin at a good time then in long term you are sure to have profit but if you invest during a bubble then long term profit may not happen therefore if you want to make long term profit choose the correct time to invest.
no i don't think so , as long as bitcoin demand always there
no matter how much the price when you buy the coin from now, as you will have a guarantee profit in the future
imagine, when bitcoin become rare and everyone want bitcoin
the situation like that will drive bitcoin price to the higher ever.
full member
Activity: 224
Merit: 100
Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.

yes, the price of bitcoin is possible to $1000 in 2017
it is time to buy and holding for a long time to get a lot profit.
i agree with you about your best idea that bitcoin will be really reach its price to 1000$ in 2017 because bitcoin increasing to high value day by day and you are right people buying bitcoin in huge amount and then they holding their bitcoin for the future for high price of bitcoin to get a big profit from bitcoin.
sr. member
Activity: 338
Merit: 250
Like you said bitcoin price has seen the 100$ range and the 200$ range. If you invest in bitcoin at a good time then in long term you are sure to have profit but if you invest during a bubble then long term profit may not happen therefore if you want to make long term profit choose the correct time to invest.
hero member
Activity: 1134
Merit: 517
Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker!

Bitcoin is a very good investment tool, but it is not recommended to put all of your money into bitcoin, we still dont know what will happen with bitcoin in the future, playing short term investment with bitcoin is better, holding bitcoin for a long time can be profitable but also can be a risky move
Knowing that the storm over bitcoin is not settled yet and understanding the fact that governments are uncomfortable and out to frustrate bitcoin, it would be ideal to simply go with the flow for now. Holding bitcoin for a very long while might not turn up satisfactorily, because there could be surprises and changes along the way.
hero member
Activity: 798
Merit: 505
Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.

And it is still not too late for those new comers to bitcoin, unless they will buy immediately bitcoins then they have a chance to get some profit when the price increases. And buying, holding of bitcoins is giving success to the people who are doing it in the long run. For those people who wants to buy, don't wait for the price to decrease, just buy now because the price will increases higher soon.
Yes its not to late to invest in Bitcoin and to buy Bitcoin. And yes don't wait the price to decrease because the price of Bitcoin is increasing as of now the price is very good. Bitcoin price its not decrease in this year so what are you waiting for . buy Bitcoin now and hold it and wait the price increase to the moon to make profit. If you not buy Bitcoin now when ? When its too late to invest so buy more Bitcoin. And you can trade your holding Bitcoin to altcoin to grow your Bitcoin.

well you are right sort of it will not decrease and I think there are some instances that the price will at the stable price but it will not really decrease but later on it will increase until the end of the year. And I do agree that is is not too late to hold bitcoin but I think it is not necessarily to hold a ton of bitcoin. As my self I use it to trading buy some coins to earn profit well just hold.it for 4 years or more that is sure profit
hero member
Activity: 1232
Merit: 503
Yes Holding Bitcoin for a long time can make you money after your price reach like 1k USD its your decision convert the bitcoin into fiat or buy some goods with bitcoin but its still risky the price might downfall immediately after reaching a high price you should make a decision immediately before the price goes down.
member
Activity: 71
Merit: 10
Depends how many bitcoin did you have, and the price during time.
Because when you are going to exchange normally you pay less than the "real value" so you lost a percentage, around 5-10%. This means you need to achieve a great revaluation of the price instead you are going to sell, btc itself doesn't have any revaluation during time, so it's can be pretty useless.
hero member
Activity: 713
Merit: 501
Yes its not to late to invest in Bitcoin and to buy Bitcoin. And yes don't wait the price to decrease because the price of Bitcoin is increasing as of now the price is very good. Bitcoin price its not decrease in this year so what are you waiting for . buy Bitcoin now and hold it and wait the price increase to the moon to make profit. If you not buy Bitcoin now when ? When its too late to invest so buy more Bitcoin. And you can trade your holding Bitcoin to altcoin to grow your Bitcoin.

The price is increasing right now, there's a risk that the price would decrease right after you buy some bitcoins. This is what happened to those people that bought bitcoins at $1200 and then the price decreased drastically. They are either still holding their coins right and still waiting for them to get out of that hole or they have lost a lot of money by selling it in a much lower price. I wouldn't recommend buying when the price is increasing but I guess the price of bitcoin right now isn't that high compared to 1200$. In case of price decrease, you just got to wait longer.
hero member
Activity: 1274
Merit: 513
Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.

And it is still not too late for those new comers to bitcoin, unless they will buy immediately bitcoins then they have a chance to get some profit when the price increases. And buying, holding of bitcoins is giving success to the people who are doing it in the long run. For those people who wants to buy, don't wait for the price to decrease, just buy now because the price will increases higher soon.
Yes its not to late to invest in Bitcoin and to buy Bitcoin. And yes don't wait the price to decrease because the price of Bitcoin is increasing as of now the price is very good. Bitcoin price its not decrease in this year so what are you waiting for . buy Bitcoin now and hold it and wait the price increase to the moon to make profit. If you not buy Bitcoin now when ? When its too late to invest so buy more Bitcoin. And you can trade your holding Bitcoin to altcoin to grow your Bitcoin.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
If you are just holding bitcoin, why not make some bitcoin denominated investments as well? That way you can make extra profit on your bitcoins, while still gaining on the bitcoin's potential rise in the future.

Holdisg bitcoin is like holding other currencies - it is highly speculative.

and also highly profitable.
bitcoin is not like any other currency, it is the up and comming technology that has been a great investment because more people adopt it everyday and the inflation rate causes price rise too. and so far the price has been rising consistently.
sr. member
Activity: 266
Merit: 250
Invulner
If you are just holding bitcoin, why not make some bitcoin denominated investments as well? That way you can make extra profit on your bitcoins, while still gaining on the bitcoin's potential rise in the future.

Holdisg bitcoin is like holding other currencies - it is highly speculative.
hero member
Activity: 1064
Merit: 589
Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.

yes, the price of bitcoin is possible to $1000 in 2017
it is time to buy and holding for a long time to get a lot profit.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.

And it is still not too late for those new comers to bitcoin, unless they will buy immediately bitcoins then they have a chance to get some profit when the price increases. And buying, holding of bitcoins is giving success to the people who are doing it in the long run. For those people who wants to buy, don't wait for the price to decrease, just buy now because the price will increases higher soon.
hero member
Activity: 1022
Merit: 521
its possible this time.  if you buy some btc today and price reach up to 1k in months, you'll consider yourself luck to have profited and the more you have the better. its going to be massively used by the people later.
I also have smelled that till the next month the price of bitcoin will reach to about 1k or more than that so why not we start to buy some bitcoins now with our available money with us.  If we buy bitcoin now and wait for it at least for a few months then it is the chances that we earn about 50% from that investment.
hero member
Activity: 1008
Merit: 510
Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.
newbie
Activity: 58
Merit: 0
Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker!
Yes its very good to do and you can make a lot of money with it too to be honest I would go for the long terms again and again.

yes i am agree with Supebox and Deep In The Mines LLC said but i don't want just to holding bitcoin in my wallet, i want to make it grow more than what i am holding and i will do the other way to make it growth. i think its good for us, while we have one investment and we do the other thing to make our bitcoin grow.

Holding bitcoins to make them grow is typically for people who don't have much time because they have other things to do in the outside world.

And yes I agree with you that if you have a free time why not just use it to earn money and make your life better? Like what the others are saying if he hadn't know

bitcoin we would have spending our time on Reddit,  facebook , twitter etc

Remember the more bitcoins we have the more it will be profitable if the price sky rockets

If somebody has time and invest the bitcoin, there is big chance that the bitcoin will be lost in the investment process.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker!
Yes its very good to do and you can make a lot of money with it too to be honest I would go for the long terms again and again.

yes i am agree with Supebox and Deep In The Mines LLC said but i don't want just to holding bitcoin in my wallet, i want to make it grow more than what i am holding and i will do the other way to make it growth. i think its good for us, while we have one investment and we do the other thing to make our bitcoin grow.

Holding bitcoins to make them grow is typically for people who don't have much time because they have other things to do in the outside world.

And yes I agree with you that if you have a free time why not just use it to earn money and make your life better? Like what the others are saying if he hadn't know

bitcoin we would have spending our time on Reddit,  facebook , twitter etc

Remember the more bitcoins we have the more it will be profitable if the price sky rockets
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