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Topic: Is Holding Bitcoin a long time good way to make money? - page 90. (Read 368873 times)

sr. member
Activity: 294
Merit: 250
I think it's a very good idea to hold bitcoin.You can get easily profit by holding bitcoin.Again,Bitcoin is very much trustworthy, and its price is rising nicely.I bought 3btc when bitcoin price was under 500$ and now its 730$+.So just be patient and wait for the correct time.
legendary
Activity: 1176
Merit: 1024
Same, I also think that holding bitcoin is a good investment to make money that can be used in the near future.

I'm still new in this community and I have bought my bitcoin when it is in its high price already but I because of bitcoins price volatility, Its price will keep increasing as the time pass by and I know that I can harvest a plenty of bitcoin from this seed that I planted.
And added to this sometimes bitcoins take a hike like from 200$ to 600$ in a month or so so now it can quite easily reach 1500$ or 2000$ which people would think like a new wall (actually right now people think 1000$ is a wall and BTC won't cross, which is a terrible myth) so if that happens you will make huge profits.
legendary
Activity: 1554
Merit: 1054
Same, I also think that holding bitcoin is a good investment to make money that can be used in the near future.

I'm still new in this community and I have bought my bitcoin when it is in its high price already but I because of bitcoins price volatility, Its price will keep increasing as the time pass by and I know that I can harvest a plenty of bitcoin from this seed that I planted.

The bitcoin price will rise in the long term. When the price of bitcoin is volatile and the price is low, it is better to buy.
Yeah I also saved some when it was 500$ and now I am just waiting for the price to hit 900$ and I will sell half of my bitcoins and I will be in no loss even if I have to sell my remaining bitcoins at cheaper price which most probably wont happen though. Personally I feel like gambling all the time with my BTC but have enough determination to resist Cheesy
newbie
Activity: 30
Merit: 0
The bitcoin is a good investment and with long terms you can achieve making a lot of money but this is really depending on yourself and if you have the patient for it too.
legendary
Activity: 938
Merit: 1002
Yes in my eyes investing is good and I also think that you can make some big profits with doing this if you are stay patient.

   Exactly what I`m trying to do, I save and hold bitcoins I earn, and maybe its not good way to earn money right now, but in long run this investment can bring a big profit. The key of success here is patience, and only like that I can endure in long run. Its very tempting for me to see how other people make profit right now with their investment that pay out much faster then waiting for price increase.
   My plan for now is to hold bitcoins at least until the next halving, after that I will evaluate situation and create new plans.
It is patience and to make even more profit with your holding of bitcoins you can invest in some awesome sites like moneypot or bitdice and hence you earn free profits and you can divest anytime too. But that been said each and every site has risk of running away with your money and hence take risks if you would like to.
legendary
Activity: 2884
Merit: 1258
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Yes because the price sky rockets from time to time.

I`m holding my bitcoins for 6 months and the price increased from 600$ to 730$.

I can`t say it sky rockets,but it`s a good increase.

Yes,it`s a good way,but you have to buy and sell at the right time.

How about trading bitcoin against altcoin while waiting for the price of bitcoin to skyrocket?

You said that you are holding your bitcoin for 6 months and you have a growth of 130/600 or 21%.
  What if you invested your coins in some ICO, let us say PSB.
  Let us say you have  bought 1 BTC and you invested that in PSB during their ICO.
  PSB ICO price is around 323 satoshi per coin, so that gives you 309597 PSB.
  Now that PSB price is around 1800 Sat, and you decided to convert it back to Bitcoin and you will get 5.57 BTC
  and then you decided to convert it back to dollar at $730.  You will get $4066 and that is 677% growth.  

I am just showing some statistics here if you invest your bitcoin to some profitable ventures to increase its value exponentially.  The value shown is not calculated at PSB PEak which is 9960 satoshi coz if we calculate it that way, you will get more than 30 BTC and that is convertible to $22510 a 3700% increase of your fund.
Of course you need to do your research and take the risk at the same time.

And yes I'm suggesting to invest your BTC while t waiting for price increase.
newbie
Activity: 3
Merit: 0
Same, I also think that holding bitcoin is a good investment to make money that can be used in the near future.

I'm still new in this community and I have bought my bitcoin when it is in its high price already but I because of bitcoins price volatility, Its price will keep increasing as the time pass by and I know that I can harvest a plenty of bitcoin from this seed that I planted.

The bitcoin price will rise in the long term. When the price of bitcoin is volatile and the price is low, it is better to buy.

And holding bitcoin is going to be the best thing to do so that when you wanted to get some profit, you just need to wait for some time and by just waiting for the price increase and without doing some effort. You will have the chance to get some profit and that's guaranteed because the value of bitcoin is keep on increasing.

Completely agree, but we will see the same in 2017 for different heavily undervalued cryptocurrencies like Vcash & DASH.
hero member
Activity: 2520
Merit: 568
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Same, I also think that holding bitcoin is a good investment to make money that can be used in the near future.

I'm still new in this community and I have bought my bitcoin when it is in its high price already but I because of bitcoins price volatility, Its price will keep increasing as the time pass by and I know that I can harvest a plenty of bitcoin from this seed that I planted.

The bitcoin price will rise in the long term. When the price of bitcoin is volatile and the price is low, it is better to buy.

And holding bitcoin is going to be the best thing to do so that when you wanted to get some profit, you just need to wait for some time and by just waiting for the price increase and without doing some effort. You will have the chance to get some profit and that's guaranteed because the value of bitcoin is keep on increasing.
newbie
Activity: 65
Merit: 0
Same, I also think that holding bitcoin is a good investment to make money that can be used in the near future.

I'm still new in this community and I have bought my bitcoin when it is in its high price already but I because of bitcoins price volatility, Its price will keep increasing as the time pass by and I know that I can harvest a plenty of bitcoin from this seed that I planted.

The bitcoin price will rise in the long term. When the price of bitcoin is volatile and the price is low, it is better to buy.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
Same, I also think that holding bitcoin is a good investment to make money that can be used in the near future.

I'm still new in this community and I have bought my bitcoin when it is in its high price already but I because of bitcoins price volatility, Its price will keep increasing as the time pass by and I know that I can harvest a plenty of bitcoin from this seed that I planted.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Yes because the price sky rockets from time to time.

I`m holding my bitcoins for 6 months and the price increased from 600$ to 730$.

I can`t say it sky rockets,but it`s a good increase.

Yes,it`s a good way,but you have to buy and sell at the right time.

Profit is profit. May I ask why you didn't buy before the price reached the $600 levels? You had enough time to buy your coins ar much lower price levels than where you bought your coins at this time. Common mistakes are that people wait too long with buying as they hope the price is going down even more. And when the price isn't going down people mostly buy in panic to not fall behind and miss out.
The truth it, some has no balls, they are only good on telling things that they could have made money if they buy this and that.. But when in the situation, they are afraid to buy since they do not have enough faith with bitcoin.
You can't blame them, we do have our own decision and that's our money being invested. In one opt to sell then it's up to them as long as they make profit so it's good and as long as they can minimize the loses still good.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
Yes because the price sky rockets from time to time.

I`m holding my bitcoins for 6 months and the price increased from 600$ to 730$.

I can`t say it sky rockets,but it`s a good increase.

Yes,it`s a good way,but you have to buy and sell at the right time.

Profit is profit. May I ask why you didn't buy before the price reached the $600 levels? You had enough time to buy your coins ar much lower price levels than where you bought your coins at this time. Common mistakes are that people wait too long with buying as they hope the price is going down even more. And when the price isn't going down people mostly buy in panic to not fall behind and miss out.
The truth it, some has no balls, they are only good on telling things that they could have made money if they buy this and that.. But when in the situation, they are afraid to buy since they do not have enough faith with bitcoin.
legendary
Activity: 1232
Merit: 1091
Yes because the price sky rockets from time to time.

I`m holding my bitcoins for 6 months and the price increased from 600$ to 730$.

I can`t say it sky rockets,but it`s a good increase.

Yes,it`s a good way,but you have to buy and sell at the right time.

Profit is profit. May I ask why you didn't buy before the price reached the $600 levels? You had enough time to buy your coins ar much lower price levels than where you bought your coins at this time. Common mistakes are that people wait too long with buying as they hope the price is going down even more. And when the price isn't going down people mostly buy in panic to not fall behind and miss out.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
Yes in my eyes investing is good and I also think that you can make some big profits with doing this if you are stay patient.

   Exactly what I`m trying to do, I save and hold bitcoins I earn, and maybe its not good way to earn money right now, but in long run this investment can bring a big profit. The key of success here is patience, and only like that I can endure in long run. Its very tempting for me to see how other people make profit right now with their investment that pay out much faster then waiting for price increase.
   My plan for now is to hold bitcoins at least until the next halving, after that I will evaluate situation and create new plans.
Its good that you are taking it slow some people get desperate to get profits and in the process lose it all due to bad decisions or doing stuff they were not yet prepared to do like trading without any knowledge, use the time to keep learning and you will surely find something in which you are good and that brings you th profits you are looking.
legendary
Activity: 1036
Merit: 1002
Actually you're right there if you are going to hold your bitcoin in the exchange website or in bitcoin wallet your bitcoin will grow up when the price is increasing as you can see if the price of the bitcoin is growing your money is growing too trade while the price is really unstable.
hero member
Activity: 3094
Merit: 929
Yes because the price sky rockets from time to time.

I`m holding my bitcoins for 6 months and the price increased from 600$ to 730$.

I can`t say it sky rockets,but it`s a good increase.

Yes,it`s a good way,but you have to buy and sell at the right time.
hero member
Activity: 588
Merit: 500
Yes in my eyes investing is good and I also think that you can make some big profits with doing this if you are stay patient.

   Exactly what I`m trying to do, I save and hold bitcoins I earn, and maybe its not good way to earn money right now, but in long run this investment can bring a big profit. The key of success here is patience, and only like that I can endure in long run. Its very tempting for me to see how other people make profit right now with their investment that pay out much faster then waiting for price increase.
   My plan for now is to hold bitcoins at least until the next halving, after that I will evaluate situation and create new plans.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
As for example , I'm purchase 2 bitcoin ( by investing every month ), 1 year ago and the value still $ 300 / btc !

And now, you can see my current profit since bitcoin reach $ 750 recently so it's unexpected things to happen but it's no impossible
It's definitely not possible as it has happen in the past already, when you buy low and you sell high that will constitute a profit.

Now, I do believe that we do not just simply hold our bitcoins as we also have the responsibility to ensure that the market is doing well for bitcoin and we will know that with constant reading of the news and any news will certainly affect the market and you can use that for your decision making.
legendary
Activity: 1163
Merit: 1005
As for example , I'm purchase 2 bitcoin ( by investing every month ), 1 year ago and the value still $ 300 / btc !

And now, you can see my current profit since bitcoin reach $ 750 recently so it's unexpected things to happen but it's no impossible
legendary
Activity: 2618
Merit: 1105
According as my experience, when I was bought 15 bitcoin about 2 years ago, if I sell for now I get profit more than 500%. But I regret it, because most of my already sell a few days before halving day or 4 months ago and I only get profit not more 300%. And now, my current focus is only to collect the bitcoin and I will not sell any time soon.

not much people can reach 300% for 2 years and i think you are lucky person to see the increasing price of bitcoin and i think 300% is enough for you and now you can start to buy bitcoin or you can earning in more ways again, hold it for more than 1 years from now, then you can see that the price will be increase more than now.

Holding bitcoins, they can't.
But if they trade bitcoins, then 300% is nothing as I have seen many users claiming here that they converted their investments to even 1000% of their capital, which is not a small number. Holding bitcoins is good, but trading it gives you the opportunity to make your skills better as well as collect more coins slowly.
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