Topic: Is Holding Bitcoin a long time good way to make money? - page 9. (Read 368902 times)
Bitcoin is very unstable. Even fiat money does not have a stable value. Although the difference in price is minimal, they also change every day. Many factors influence this.
Trading bitcoin is the good way for me to make money because you can easily make money or fast money with trading because if you will trade then you will have a good chance to be aware of the thing that is happening in the market and you can take advantage from that thing by trading it like buying low and selling high to make easy profits.
yes if we look at the current position of bitcoin it will say that to hold it for along time it will profitable it can also be said that to make invest your money it is just like a bank deposit many people are waiting foe such a wonderful chance to get the extra money from this. i think we should not keep all money into one currency but it is good if we keep our money into more than one currencies of the same category.
If you want to earn money using Bitcoin then you have big pocket full of notes because it not that much cheap. Whenever there is slowing down in economy then buying Bitcoin will be the good option and remember that holding Bitcoin is always for long term purpose not for short term.
Investing now and holding Bitcoin for years can be the best way to make money. But patience is needed, If there is no patience so often we will lose out because of the panic sellings.
If you want to earn money using Bitcoin then you have big pocket full of notes because it not that much cheap. Whenever there is slowing down in economy then buying Bitcoin will be the good option and remember that holding Bitcoin is always for long term purpose not for short term.
I think It's not. Bitcoin is serving huge oppurtunities okey but I think ICOs and Altcoins have more and more... 
Not a long time, there are many ways to profit not just by holding bitcoin, because if there is a bitcoin you can earn more when you use it in trading. It takes a lot longer when only bitcoin holds.
That's true, if you want active income then you have to learn how to trade, being a day trader is like having a job that you need to do wellin order to be profitable, this journey will never easy but if you can develop your skills you effort will be paid out with a big reward.
Not a long time, there are many ways to profit not just by holding bitcoin, because if there is a bitcoin you can earn more when you use it in trading. It takes a lot longer when only bitcoin holds.
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 it is. We can make more money if we will hold our bitcoins. Early investors of bitcoin are really lucky. I know that they are now rich because of the bitcoin. The price of the bitcoin will continue to grow up, so it is good if we will not sell our bitcoins. 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?
It is good decision to hold bitcoin but it is risky too hold it for too long. Im not saying to do a panic selling of coins, but you never know what will happen in the future. As long as you can earn sell it. These digital currencies is very unpredictable. As of now, the best decision is too hold until bitcoin recovers. Wait for the price to go high then sell some of your bitcoins, and the hold the remaining for future purposes.
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?
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Holding for a long time is a good way of making money to those who have savings because they will benefit the highest price they want to sell their coins. They hold because they want their money to multiply 10 times. That was the traders strategy to buy dump coins and hold it until the price is right for them. This is what the investors do so that they could easily get the profit to a million of cash.
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?
[/quot
Holding for a long time is a good way of making money to those who have savings because they will benefit the highest price they want to sell their coins. They hold because they want their money to multiply 10 times. That was the traders strategy to buy dump coins and hold it until the price is right for them. This is what the investors do so that they could easily get the profit to a million of cash.
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 it is. We can make more money if we will hold our bitcoins. Early investors of bitcoin are really lucky. I know that they are now rich because of the bitcoin. The price of the bitcoin will continue to grow up, so it is good if we will not sell our bitcoins. 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?
It's a very good way to make money. but the best is actually trade and make you BTC grow and at the same time earn money. but doing that needs time a experience while just hodling it is so easy.
Holding bitcoin is one of the great ways to make money with an ease. It requires a little knowledge of the market that is when to buy it or sell as only then you'll be able to make out a desired amount of profit. Holding for a long time also demands one's patience as more the time you invest more will be the profit... 
It's a very good way to make money. but the best is actually trade and make you BTC grow and at the same time earn money. but doing that needs time a experience while just hodling it is so easy.
but for me it will depend on the growth of the price , like today if you hold you will go for negative instead of making money same as trading , it will only work if the price is raising up , but also trading ang holding needed some time it will work nicely if you will hold your money for a couple of months before you trade.
It's a very good way to make money. but the best is actually trade and make you BTC grow and at the same time earn money. but doing that needs time a experience while just hodling it is so easy.
but for me it will depend on the growth of the price , like today if you hold you will go for negative instead of making money same as trading , it will only work if the price is raising up , but also trading ang holding needed some time it will work nicely if you will hold your money for a couple of months before you trade.
Yes,Holders get more money and less risk.
It's a very good way to make money. but the best is actually trade and make you BTC grow and at the same time earn money. but doing that needs time a experience while just hodling it is so easy.
Yes some people said by long term we can huge profit from our bitcoin. Bitcoin is good investment for long term it will bring you very nice gains in the future. And hope we will really get a very good profit from our investment to our future life.
Bitcoin value last year have reached its peak at USD. 1k to 1,200K and considering you bought your bitcoin at less than USD. 500, then it was a big profit and if you have more bitcoin the bigger the return of your investment. Let us remember that if the price goes down, wait for some time because price will move up, it is a cycle. It is a good strategy to wait, but always remember to check the price as often and analyze the situation and make appropriate judgement.
holding bitcoin is a good way to earn in the future , if you imagine , if you acquire your bitcoin with a price of 9000$ and in the future the bitcoin price is 15k$ then you earn a good profit , but let us not set aside the possibility of dropping its price although it will not stay in the low price but if the point that you need to withraw your coins you will earn nothing if the price is low.
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