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Topic: Is Holding Bitcoin a long time good way to make money? - page 96. (Read 368873 times)

legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Yes indeed! holding a bitcoin is really such a good way to make money. In fact, majority of the member in this forum sites almost did that things for a couple of years I think. Like what happen  at the present time now the price value of bitcoin is can be considered as stable price by now, so the member who hold their coin before are now totally gained and harvesting their outcome of waiting.
There's still a risk dude, but if you are willing to hold it then you are good to go. No one can ensure that holding in the long run could be profitable but if we love and trust bitcoin we will risk our money and just wait for the right time to cash out.
hero member
Activity: 1092
Merit: 500
Yes indeed! holding a bitcoin is really such a good way to make money. In fact, majority of the member in this forum sites almost did that things for a couple of years I think. Like what happen  at the present time now the price value of bitcoin is can be considered as stable price by now, so the member who hold their coin before are now totally gained and harvesting their outcome of waiting.
legendary
Activity: 1484
Merit: 1004
Instead of holding Bitcoins, you can start trading by investing in Altcoins. Since there is large fluctuation in price, i think it is not a good decision for holding Bitcoins for a long time.Even though trading is risky, its better to trade in Bitcoins/Altcoins.
i think this time is good for holding your bitcoin and i think holding bitcoin is better than altcoin trading for now because bitcoin get a big pump in few weeks and i am sure that bitcoin get more pump in coming few weeks so hold your bitcoin.

Bitcoin is better because its safe to hold. Only few alt-coins have the trusted of Bitcoin. But trade with alt-coins is more risk, because we don't know if they will increase the price in the future, if they will die like many shit-coins and btc we know will always increase its price, the main crypto-currency coin.
if you don't want to get scammed by shitcoin
then simply use marketcap as reference which one legit and strongest coin
holding bitcoin only not enough if you stored a little money
grow your bitcoin in many way like to trade or invest on altcoins.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I definelety agree this and my long-term goal is only storage bitcoin for future. I never buy any bitcoin with real money but i am thinking about buy it when i fix my money issues. I believe that bitcoin is like gold it will never cause you to lose money in long-term.
That's a good decision, only buy when you feel you can afford to invest with bitcoin. Although we should not let this opportunity to pass but it is not wise to spend the amount of money that we cannot afford to lose as the chances to make profit is only big but it does not guarantee we will make a profit.
But, many people are risking their life for investing almost everything in bitcoins. They justify their action by stating about their faith on bitcoin price levels by showing its past performances. Holding bitcoin must be a right way to make fortunes, but risking entire life is not a way as per many bitcoin veterans suggestions.
Yeah obviously risking too much is always risky and that too when you know the holding requires a lot of patience, when you will have money you desperately need then you will get tempted and sell them at a lower price, holding should be done like buy bitcoins out in a offline wallet and then forget about it for some years.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Instead of holding Bitcoins, you can start trading by investing in Altcoins. Since there is large fluctuation in price, i think it is not a good decision for holding Bitcoins for a long time.Even though trading is risky, its better to trade in Bitcoins/Altcoins.
i think this time is good for holding your bitcoin and i think holding bitcoin is better than altcoin trading for now because bitcoin get a big pump in few weeks and i am sure that bitcoin get more pump in coming few weeks so hold your bitcoin.

Bitcoin is better because its safe to hold. Only few alt-coins have the trusted of Bitcoin. But trade with alt-coins is more risk, because we don't know if they will increase the price in the future, if they will die like many shit-coins and btc we know will always increase its price, the main crypto-currency coin.
hero member
Activity: 980
Merit: 523
Instead of holding Bitcoins, you can start trading by investing in Altcoins. Since there is large fluctuation in price, i think it is not a good decision for holding Bitcoins for a long time.Even though trading is risky, its better to trade in Bitcoins/Altcoins.
i think this time is good for holding your bitcoin and i think holding bitcoin is better than altcoin trading for now because bitcoin get a big pump in few weeks and i am sure that bitcoin get more pump in coming few weeks so hold your bitcoin.
hero member
Activity: 672
Merit: 500
Based on what is happening right now with Bitcoin, I think that holding on to this digital currency can be a good strategy but of course we could not exactly predict what can happen in the future. Remember that Bitcoin made into the $1200 level in the past but it crashed...will it happen again is a question that can be hard to answer.
If I think about that then I will not call that a crash as at that time not much people were in the use of bitcoin and as everyone came to know that with halving the price of bitcoin will increase so everyone started to buy and when the price increased everyone started to sell and the price once again came back but now people are using bitcoin and they do not sell all of their coins so the price will not come back to lower value.
hero member
Activity: 826
Merit: 1000
Holding is the safest way to make profits in long run, holding can be only risky if price drops in the future but looking at the development of bitcoins I don't think that price will fall so if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.
While it is awesome to hold bitcoins for some years and then sell them with a boom price !
But at the same time, you should consider lending business, if you visit the lending section then you will see that people give 100-125% collateral and take loan so no risk plus free profits. This way you hold bitcoins in a innovative way of making it grow over time.
hero member
Activity: 742
Merit: 500
Instead of holding Bitcoins, you can start trading by investing in Altcoins. Since there is large fluctuation in price, i think it is not a good decision for holding Bitcoins for a long time.Even though trading is risky, its better to trade in Bitcoins/Altcoins.
newbie
Activity: 58
Merit: 0
Based on what is happening right now with Bitcoin, I think that holding on to this digital currency can be a good strategy but of course we could not exactly predict what can happen in the future. Remember that Bitcoin made into the $1200 level in the past but it crashed...will it happen again is a question that can be hard to answer.

That is right. The Bitcoin is the best of all the digital coins. It will not be replaced by another one soon.
hero member
Activity: 490
Merit: 501
Based on what is happening right now with Bitcoin, I think that holding on to this digital currency can be a good strategy but of course we could not exactly predict what can happen in the future. Remember that Bitcoin made into the $1200 level in the past but it crashed...will it happen again is a question that can be hard to answer.
hero member
Activity: 700
Merit: 500
If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too.
Yes holding or lets say investing in bitcoins for price rise needs a huge capital. If you hold 0.01 or 0.1 btc then the profit might not be so huge that you expect with holding.

You can also do price trading with holding bitcoins, like you hold them till the price doubles (the price at which you bought them) and then sell it, buy again at half and sell again at double. Needs patience and capital at its best.
sr. member
Activity: 812
Merit: 250
After seeing last 2 / 3 days price of bitcoin raising who ever have gone for holding bitcoins in wallet will never regret now, as the price will increase more and bitcoin is itself considered as a investment option.
already end, the pumping trend are gone, this time for keeping your amount again and totally I was believed the trend of bitcoin pumping are coming in some weeks later. for you know this is the best timing for investing, bitcoin strong and choose your favourite alt and if alt get a strong and buy your bitcoin.

I don't know if BTC price will increase very fast in a short time period again soon, but hold bitcoins is still a good deal. Sooner or later the price will rise again, as we are seeing since this currency was created. In my opinion it's a good way to earn money and safe also.
Yeah, it is good way to make money but at times keeping the bitcoin for very long time might not be a good ea, instead you buy at available lower price and sell it at possible higher price and keeping repeating the process for long haul, you will see your money grow like never before. For doing so, you never need to be a perfect trader, passive participation in trading is more than enough.

If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too.

Well the fact is you can still earn some profits since your money is being multiplied by just holding your coin for certain matters although its small but its good enough since your not doing anything to make it grow, we can't dictate people on how much they want to hold since not all of people stakings bitcoin here are rich enough to buy huge volumes of bitcoins, and maybe others are doing some test hold to see if they can get some little profit by this doing.

Holding is the safest way to make profits in long run, holding can be only risky if price drops in the future but looking at the development of bitcoins I don't think that price will fall so if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.
you are right that holding is the safest way i also hold my bitcoin in huge amount and i hope i will be get profit from bitcoin in huge amount in the near future because we know that bitcoin increasing its price daily and adoption also increasing so do not worry that bitcoin bitcoin price will be never fall and it will be go too much higher .

for me, holding bitcoin in a long time is a good option especially we have bitcoin in big amount while we can see for the price that still increase even there are any down and up for the price but for the trend is up in next year. and beside that, for that amount, we can still make it grow by doing another way so our stock of bitcoin is increase from time to time and when the right time is come, we can sell it to get big profit.

Yes indeed hold bitcoin long term will be very profitable if the price rises, and the price of bitcoin although fluctuating but tends to increase and profitable. But I think it would be better to not only hold, but also grow to investment or trade. It would be more profitable and can profit more than just hold if successful.
sr. member
Activity: 375
Merit: 250
Yes that is right to say but i think it also depend on the amount of bitcoin if you have a good amount the you will really get a good profit, but if has a few,that will not make too many money.
threfore i will suggest you that if you are going to invest in bitcoin the you should invest a good amount of bitcoin.
newbie
Activity: 35
Merit: 0
I think it's good way for Beginner's who dont know about trading or other earning method.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
After seeing last 2 / 3 days price of bitcoin raising who ever have gone for holding bitcoins in wallet will never regret now, as the price will increase more and bitcoin is itself considered as a investment option.
already end, the pumping trend are gone, this time for keeping your amount again and totally I was believed the trend of bitcoin pumping are coming in some weeks later. for you know this is the best timing for investing, bitcoin strong and choose your favourite alt and if alt get a strong and buy your bitcoin.

I don't know if BTC price will increase very fast in a short time period again soon, but hold bitcoins is still a good deal. Sooner or later the price will rise again, as we are seeing since this currency was created. In my opinion it's a good way to earn money and safe also.
Yeah, it is good way to make money but at times keeping the bitcoin for very long time might not be a good ea, instead you buy at available lower price and sell it at possible higher price and keeping repeating the process for long haul, you will see your money grow like never before. For doing so, you never need to be a perfect trader, passive participation in trading is more than enough.

If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too.

Well the fact is you can still earn some profits since your money is being multiplied by just holding your coin for certain matters although its small but its good enough since your not doing anything to make it grow, we can't dictate people on how much they want to hold since not all of people stakings bitcoin here are rich enough to buy huge volumes of bitcoins, and maybe others are doing some test hold to see if they can get some little profit by this doing.

Holding is the safest way to make profits in long run, holding can be only risky if price drops in the future but looking at the development of bitcoins I don't think that price will fall so if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.
you are right that holding is the safest way i also hold my bitcoin in huge amount and i hope i will be get profit from bitcoin in huge amount in the near future because we know that bitcoin increasing its price daily and adoption also increasing so do not worry that bitcoin bitcoin price will be never fall and it will be go too much higher .

for me, holding bitcoin in a long time is a good option especially we have bitcoin in big amount while we can see for the price that still increase even there are any down and up for the price but for the trend is up in next year. and beside that, for that amount, we can still make it grow by doing another way so our stock of bitcoin is increase from time to time and when the right time is come, we can sell it to get big profit.
hero member
Activity: 966
Merit: 517
I definelety agree this and my long-term goal is only storage bitcoin for future. I never buy any bitcoin with real money but i am thinking about buy it when i fix my money issues. I believe that bitcoin is like gold it will never cause you to lose money in long-term.
That's a good decision, only buy when you feel you can afford to invest with bitcoin. Although we should not let this opportunity to pass but it is not wise to spend the amount of money that we cannot afford to lose as the chances to make profit is only big but it does not guarantee we will make a profit.
We have to buy bitcoins each time we find or get some extra money which we will not need for any of our life needs and we do not have to think that we will lose money at there and we have to invest only that amount which we can afford to lose as bitcoin is not going to drop and do not going to lose us our money.
legendary
Activity: 1512
Merit: 1041
I believe holding bitcoin for a very long time will ultimately pay off. Those who started with bitcoin can bear witness with this. Even dating back just a year ago, there has been a substantial increase in the price and we hope that with time, its going to increase more.
believing and keep promoting this big investment that we are into will allow us to gain more and more in the future
this project will increase more popularity and holding it for longer years will give us fortune.
Yes, though holding bitcoins for a long time is a good idea, but when I do I am tempted and sell my bitcoins when the price reaches around 700-800$ and buy when the price is around 300-400$ and this way I feel much better than just plain holding. Because the time till you guys will hold and make money I will do the same but with extra bitcoins earned Smiley
legendary
Activity: 1302
Merit: 1037
I definelety agree this and my long-term goal is only storage bitcoin for future. I never buy any bitcoin with real money but i am thinking about buy it when i fix my money issues. I believe that bitcoin is like gold it will never cause you to lose money in long-term.
That's a good decision, only buy when you feel you can afford to invest with bitcoin. Although we should not let this opportunity to pass but it is not wise to spend the amount of money that we cannot afford to lose as the chances to make profit is only big but it does not guarantee we will make a profit.
But, many people are risking their life for investing almost everything in bitcoins. They justify their action by stating about their faith on bitcoin price levels by showing its past performances. Holding bitcoin must be a right way to make fortunes, but risking entire life is not a way as per many bitcoin veterans suggestions.
legendary
Activity: 1232
Merit: 1091
now initial investment needs to be thousands of dollars in order to have good profit for long time holding. Every investment will bring profit as much as investment is big, bitcoin for now has proven to be great way for investing money, I hope that will continue to be in the future also.

Not necessarily. People should never force themselves into investing thousands of dollars into Bitcoin while they can't really afford it. There are huge differences in what people can afford as being their initial investment amount. One person invests $500 and is very happy when he makes like $200-$300 after some time. And another person might start with $10,000 and get pissed when the profit is only $1000 or so. Main point what I try to say - Important is that you invest what you can afford, and be happy with it.
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