Topic: Is Holding Bitcoin a long time good way to make money? - page 97. (Read 368873 times)
Yes, holding bitcoins for long time is good way to make profit. Only one thing is important here, initial investment. The one who invest 10 $ will make profit for couple years, but that profit will be small ( except for people who bought bitcoin 2010, 10 $ worth of bitcoin then is 7 million $ now, there is even a thread about it ). But times has changed, 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.
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.
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.
Holding is the safest way to make profits in long run
With this I strongly agree. There is no need for people to keep looking for ways to invest their coins in return of a certain profit, which also requires you to give out control over your coins. Some people still don't seem to understand it, but holding Bitcoin is already an investment.
holding can be only risky if price drops in the future
To you it may seem like so, but as long as you don't sell any of your coins at a price lower than where you bought them at, you don't lose anything.
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.
No matter how many times people get told to stop investing in certain sites and services, they will continue doing so as their greed is always stronger than their common sense ability. These people will learn it eventually, but it will be a costly lesson for sure.
Everyone wants to earn quick money without working hard or making any efforts and they invest their money in those scam sites hoping that it will bring quick profits for them but at the end of the day they realize that they have been scammed and lost their money into it so they should treat it as an learning experience and make sure that they don't repeat the same mistake again in future.
Holding is the safest way to make profits in long run
With this I strongly agree. There is no need for people to keep looking for ways to invest their coins in return of a certain profit, which also requires you to give out control over your coins. Some people still don't seem to understand it, but holding Bitcoin is already an investment.
holding can be only risky if price drops in the future
To you it may seem like so, but as long as you don't sell any of your coins at a price lower than where you bought them at, you don't lose anything.
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.
No matter how many times people get told to stop investing in certain sites and services, they will continue doing so as their greed is always stronger than their common sense ability. These people will learn it eventually, but it will be a costly lesson for sure.
Everyone wants to earn quick money without working hard or making any efforts and they invest their money in those scam sites hoping that it will bring quick profits for them but at the end of the day they realize that they have been scammed and lost their money into it so they should treat it as an learning experience and make sure that they don't repeat the same mistake again in future.
Holding is the safest way to make profits in long run
With this I strongly agree. There is no need for people to keep looking for ways to invest their coins in return of a certain profit, which also requires you to give out control over your coins. Some people still don't seem to understand it, but holding Bitcoin is already an investment.
holding can be only risky if price drops in the future
To you it may seem like so, but as long as you don't sell any of your coins at a price lower than where you bought them at, you don't lose anything.
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.
No matter how many times people get told to stop investing in certain sites and services, they will continue doing so as their greed is always stronger than their common sense ability. These people will learn it eventually, but it will be a costly lesson for sure.
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.
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.
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.
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.
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.
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.
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.
It's not that profitable if you just hold your bitcoin. Just holding it for a long time won't give you big profit. It's better to invest them to earn more so while you earn your bitcoin grows and as time passes your bitcoin's value also grows.
but to me only holding bitcoin and not investing it any where can also give you a good profit, as you can see that the price of bitcoin is increasing on regular bases there if you have bought some bitcoin in a low price can give you a good profit after some time. but you need to hod them and not to invest them any where else. 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 futurethis project will increase more popularity and holding it for longer years will give us fortune.
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.
Yes hold bitcoin is very risky if the price drops because of the fluctuation. But it would be very profitable to me due at the start I use bitcoin is still at the price of $ 250 and is now up 2x and it was very good. I myself regret why not hold bitcoin from that time until now. And now I leave some of my bitcoin on hold for months or even years later.
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?
According to Me it Can Be Profitable But I Don't Suggest To Anyone to Do along Term Holding Of Bitcoins Because its Impossible yo Predict the Price Of Bitcoin After Some Years...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?
I Suggest To All that Do Only Short Term Trading Because It is Less Risky and If You Do Short Te Trading Of Bitcoin Then It Will Be More Profitable And Less Risky.....
I think it is proven enough to those who buy before 2013 bubbles, and to those who buy in late 2014 that waiting a long time is a good way to make money for bitcoin. In relation to mass adoption and the number of available bitcoin in the market, it is agreed that continous adoption with limited supply will eventually make bitcoin increase in price .
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 goneJust because the price has taken a small break you think the pumping is over? Think again. It's a process that may take several weeks where you will see some days with barely any upwards movement as people secure profits (which is totally normal). And that is what causing this break to take place.
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.
Honestly speaking, this isn't the best time to buy Bitcoin. Especially when you consider that the price has gone up greatly already. Right now it's just a matter of either securing profits, or continue holding your coins. Buying is the least favorite option in this case. Just think about it, why buy right now, while you had the chance to buy at much lower than current leveles? Just wait for it, the price will come down again.
It's not that profitable if you just hold your bitcoin. Just holding it for a long time won't give you big profit. It's better to invest them to earn more so while you earn your bitcoin grows and as time passes your bitcoin's value also grows.
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.
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. Jump to: