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!
Topic: Is Holding Bitcoin a long time good way to make money? - page 88. (Read 368873 times)
I think holding is a great investment, it has the potential to 10x in 5-10 years or sooner if development speeds up. I wouldn't invest all my savings in it though, it's still a risky investment, so remember:
Quote
Don't invest more than you can afford to lose
Yeah you are right. If you can not accept the truth that you can lose your money while investing, do not try make a huge investment.
And, after all, holding Bitcoin is the best way to earn money in a long time. As you can see, Bitcoin price tends to go up through many years. More and more people get to know about Bitcoin and its advantages. In about a decade later, I believe that bitcoin price will be about $5000
I think holding is a great investment, it has the potential to 10x in 5-10 years or sooner if development speeds up. I wouldn't invest all my savings in it though, it's still a risky investment, so remember:
Quote
Don't invest more than you can afford to lose
Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker!
The people who had bought large volumes of bitcoin back in 2009 at 10$/1BTC are the real profitmakers today.
However it is past and people should look in to present and try to earn from it. Holding the coins can be good if you are not into daily trading. However a more profitable way is trading the coins - buying and selling them whenever prices fall/rise respectively.
I think and believe, for the time being the best and most profitable way is buying and hold bitcoin. Based on my experience for almost 1 year, I've been able to profit more than 3 times or 300% just by buying and hold bitcoin until now.
Buying and holding the bitcoin is a good strategy. If you bought some bitcoin in early 2013, you might be rich.
I think and believe, for the time being the best and most profitable way is buying and hold bitcoin. Based on my experience for almost 1 year, I've been able to profit more than 3 times or 300% just by buying and hold bitcoin until now.
Buying and holding the bitcoin is a good strategy. If you bought some bitcoin in early 2013, you might be rich.
I think and believe, for the time being the best and most profitable way is buying and hold bitcoin. Based on my experience for almost 1 year, I've been able to profit more than 3 times or 300% just by buying and hold bitcoin until now.
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
and to do trading it's not an easy job , you need to have a lot of knowledge and skills
then the long term investment could be the best option for those people who don't want/ don'r know about trading
it's always good to invest in bitcoin for long term as bitcoin price is always increase time to time.
This method is proven and more people because of those early bitcoiners they got profit from holding and now they are millionaires.
That's because they were early. Unlike them, we would have to wait for a long time before we can be millionaires out of holding coins. The hold-your-coins-become-a-millionaire train has already passed. I would only say that holding your coins is a good way to make money if you hold a lot of coins. Otherwise, you're not going to earn that much.
Why not try short term investment or trading for that matters, I am pretty sure smart investors are smart traders as well.
The active market gives us a lot of earning opportunity to it's good to be active as well too.
This method is proven and more people because of those early bitcoiners they got profit from holding and now they are millionaires.
That's because they were early. Unlike them, we would have to wait for a long time before we can be millionaires out of holding coins. The hold-your-coins-become-a-millionaire train has already passed. I would only say that holding your coins is a good way to make money if you hold a lot of coins. Otherwise, you're not going to earn that much.
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
This method is proven and more people because of those early bitcoiners they got profit from holding and now they are millionaires.
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
I think hold BTCs is much better than hold alt-coins. Maybe hold 10% of your money in alt-coins can worth on a medium-long term, but it's too risky, Bitcoin is safer. A good configuration would be 10% of money in alt-coins, 50% in Bitcoins (I don't think it's too risk as the quote above said) and 40% local currency money. This way, you can have a good investment in crypto-currencies and live managing very well your fiat money.
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
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!
2010 bitcoin had over $1000, 2011 They went down to the low-level price. 2013 the big hype was coming again over $1000 was reaching. 2014 they had fallen at $300-400. And I may think if that will become a right way to holding it in year scale. Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker!
Bitcoin is a very good investment tool, but it is not recommended to put all of your money into bitcoin, we still dont know what will happen with bitcoin in the future, playing short term investment with bitcoin is better, holding bitcoin for a long time can be profitable but also can be a risky move
Holding Bitcoin long-term (5-10) years has been proven to be historically very safe and profitable, I'd go with it if you don't have any other use for the money right now, probably better than putting it in savings account could make your retirement a lot quicker!
I think holding a bitcoin for a long time is a good thing cause the value of bitcoin keeps on getting high just think about this when bitcoin made its first appearance the worth of 1Bitcoin is 0.08$ look how much its price grow from its appearanve
Holding bitcoin is obviously good idea to earn money.You just need to wait for the correct time to buy and sell.for example I bought 3btc when bitcoin price was under 400$ and now it's 770$+.So you just need to be patient and wait for the correct time.
You need to be very patient here, there will be lots of temptation when you see bitcoin price increasing. It would be better if you save your bitcoin in a cold storage then forget about it. This way it will be easier for you to resist temptation.
I think the answer to this question actually will vary from person to person. In my opinion if you would have got under 500$ then yes it is always a good investment for future. But at this juncture there is little skeptical about the price as from a month almost price is being hovering in 700$ and up and down in this zone so not sure which side it will go in coming time.
It helps to understand where the increments are coming from, that way it becomes easier to analyse if the increments are for real or a flash in the pan. We know bitcoin is a true global currency and readily offers succor to people in countries whose fiat currencies have gone berserk. We have seen that play out in Greece, Venezuela, Russia, and quite recently, India. Given that the fiat currencies are failing and people are getting frustrated, there is a strong likelihood that the top movement is not ended yet and possibly the $1000/Btc level would most likely be tested again not too long from now. We need to understand though that the trajectory of market price in any financial market is never a straight line, rather it is a series of up and down movement.
I think holding a bitcoin for a long time is a good thing cause the value of bitcoin keeps on getting high just think about this when bitcoin made its first appearance the worth of 1Bitcoin is 0.08$ look how much its price grow from its appearanve
Holding bitcoin is obviously good idea to earn money.You just need to wait for the correct time to buy and sell.for example I bought 3btc when bitcoin price was under 400$ and now it's 770$+.So you just need to be patient and wait for the correct time.
Jump to: