Topic: Is Holding Bitcoin a long time good way to make money? - page 87. (Read 368873 times)

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.

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.

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.

You can make a lot of money with holding the bitcoin for a long time and its also that the worth keeps rising its going to the 1000 dollar what is good and what will be very profitable too.

Well, it does look very easy, but, although it was profitable, it is not easy to hold bitcoin in a long time, especially when the bitcoin prices began to decline. Well, it requires trust and patience are great, because without it, perhaps it will only be in vain. but, you should try it, because it is the safest, and easiest way to make money you have into more 

Well, it does look very easy, but, although it was profitable, it is not easy to hold bitcoin in a long time, especially when the bitcoin prices began to decline. Well, it requires trust and patience are great, because without it, perhaps it will only be in vain. but, you should try it, because it is the safest, and easiest way to make money you have into more  

Based on the experience of the users of the bitcoin, this seems like a very profitable thing, a very easy way to benefit is buying bitcoin and hold for long term. I'll give it a try, I bought 3 bitcoin then sell again after 1 year or 200% profit.

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.

It's not easy as you think, everything requires timing to be able to succeed in long term investment. And also, you have to put a good amount of money to earn great profit, since it's long time just treat it as a time deposit where you'll money will grow due to good interest rate in return. But once again, it's all about the right timing, do not be lazy and just follow what other people say, you have to educate yourself too and update with recent information.

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?

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.

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!

This method is proven and more people because of those early bitcoiners they got profit from holding and now they are millionaires.

You are right even it is highly dependent on the amount of bitcoin you will be holding. Just to maximise the chances of becoming rich with bitcoins we must keep on adding some bitcoin to our saving periodically. But people are not doing this instead of adding they do spend some from their saving. Then the chances will be getting thin.

It seems like holding bitcoins is the way to go. I'm expecting a bigger and brighter future for bitcoins in 2017 and beyond.  Others tried, but still bitcoins remain seated at the top.  There's no stopping the ascending price of bitcoin.  So yes, hold on to it a little longer!