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Topic: Is Holding Bitcoin a long time good way to make money? - page 98. (Read 368873 times)

legendary
Activity: 2954
Merit: 1153
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.

Of course they won't this is what they have been waiting for. But as the price is keeps on increasing the higher price of bitcoin they wanted to be. Because even they already earned from the price increase, they are still going to ask for more price increase if they sees the price which is already good enough to be contented.

Isn't asking for more called greediness?  Anyway, it is true that once the target price is met, we keep on hoping to have a higher price and keep our bitcoin which is supposed to be sold at that price.  We tend to wait a bit longer hoping for more increase in price so we can book a better profit which often times ended in a much lower price because the hype has gone we failed to sell when it is at its peak of increase.  As a result we wait again for another increase which will take another month.
hero member
Activity: 1260
Merit: 524
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.
legendary
Activity: 1526
Merit: 1179
There is on question that holding could be profitable because we know more people are adopting with bitcoin and the adoption is really fast which makes the price of bitcoin increase significantly.
No, adoption is not "really fast". Bitcoin adoption is a slow but steady process that will take many more years in order to get the price to increase significantly.

Mainly because of the fact that as we speak (and also the previous years), the price is being driven, and has been driven by short lasting hype and speculation happenings (e.g, the block halving).

That's exactly what makes Bitcoin so interesting for people looking for a profitable investment option.

And this as result will make sure we will keep the volatility stay in Bitcoin basically for as long as we are only out to make profits.

If people shift their mindset to a level where they start to see Bitcoin more as money where we can buy things with, then the price will get more stable, with as result that more average Joe types will enter the Bitcoin world.
legendary
Activity: 1008
Merit: 1060
A good way to make money? Yes..

There is on question that holding could be profitable because we know more people are adopting with bitcoin and the adoption is really fast which makes the price of bitcoin increase significantly.
You should consider the time that it will take as well. Just because there's profit, doesn't mean that it's a good way to make money. What if an emergency comes? Then you would only get a few dollars after waiting for a month or so. A good way to make money should give you the most profit in the least period of time. I think there's a lot of other things in the cryptoworld that is better than holding bitcoins.
hero member
Activity: 588
Merit: 500
A good way to make money? Yes..

There is on question that holding could be profitable because we know more people are adopting with bitcoin and the adoption is really fast which makes the price of bitcoin increase significantly.

Bitcoin is getting more popular and many people have shown their interest in adopting it and which will have an positive impact on its price in future and if you don't want to take any risk of investing it anywhere then holding is the best option for you to make profits from it in future.
yes that is a fact that the popularity of bitcoin is increasing from time to time and that is the reason that the number of bitcoin users is also increasing and which is increasing the demand which cause the increasing the price of bitcoin.
sr. member
Activity: 420
Merit: 250
A good way to make money? Yes..

There is on question that holding could be profitable because we know more people are adopting with bitcoin and the adoption is really fast which makes the price of bitcoin increase significantly.

Bitcoin is getting more popular and many people have shown their interest in adopting it and which will have an positive impact on its price in future and if you don't want to take any risk of investing it anywhere then holding is the best option for you to make profits from it in future.
hero member
Activity: 588
Merit: 500
The next halving is in four years from now (approximately).
There is no telling what will happen with Bitcoin in the next four years.
Maybe its a safe investment and you will double your money, or maybe some other coin will take over and Bitcoin will be dead.
If anyone can predict what will happen in the next four years, please let me know so I can make some money with good investments!
You said it yourself, no one can tell what will happen with bitcoin in the next four years. In fact, no one can tell what exactly would happen tomorrow with bitcoin.

If anyone can predict what will happen in the next four years, please let me know so I can make some money with good investments!
What if someone told you that the price of bitcoin will decrease in the next four years? How will you make some good investments with that? There's the bitcoin halving four years from now. But we just passed the halving and nothing happened. It's completely normal supply and demand. I wonder what would the next halving would bring upon us.
If someone told me that the price will decrease in the next 4 years, I think I will not believe on that thing. Bitcoin is unpredictable and although it fluctuates hard but we have to stay strong and always have our faith, with faith in bitcoin we will not be panic when there's a crisis.
yes i am also hoping so that the price of bitcoin cannot fall to such a low price, although the  market can take some correction which can cause a little downfall but not so much and it will be a temporary downfall, after some time the price will again raise to its previous position.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
A good way to make money? Yes..

There is on question that holding could be profitable because we know more people are adopting with bitcoin and the adoption is really fast which makes the price of bitcoin increase significantly.
hero member
Activity: 952
Merit: 500
The next halving is in four years from now (approximately).
There is no telling what will happen with Bitcoin in the next four years.
Maybe its a safe investment and you will double your money, or maybe some other coin will take over and Bitcoin will be dead.
If anyone can predict what will happen in the next four years, please let me know so I can make some money with good investments!
You said it yourself, no one can tell what will happen with bitcoin in the next four years. In fact, no one can tell what exactly would happen tomorrow with bitcoin.

If anyone can predict what will happen in the next four years, please let me know so I can make some money with good investments!
What if someone told you that the price of bitcoin will decrease in the next four years? How will you make some good investments with that? There's the bitcoin halving four years from now. But we just passed the halving and nothing happened. It's completely normal supply and demand. I wonder what would the next halving would bring upon us.
If someone told me that the price will decrease in the next 4 years, I think I will not believe on that thing. Bitcoin is unpredictable and although it fluctuates hard but we have to stay strong and always have our faith, with faith in bitcoin we will not be panic when there's a crisis.
hero member
Activity: 713
Merit: 501
The next halving is in four years from now (approximately).
There is no telling what will happen with Bitcoin in the next four years.
Maybe its a safe investment and you will double your money, or maybe some other coin will take over and Bitcoin will be dead.
If anyone can predict what will happen in the next four years, please let me know so I can make some money with good investments!
You said it yourself, no one can tell what will happen with bitcoin in the next four years. In fact, no one can tell what exactly would happen tomorrow with bitcoin.

If anyone can predict what will happen in the next four years, please let me know so I can make some money with good investments!
What if someone told you that the price of bitcoin will decrease in the next four years? How will you make some good investments with that? There's the bitcoin halving four years from now. But we just passed the halving and nothing happened. It's completely normal supply and demand. I wonder what would the next halving would bring upon us.
hero member
Activity: 756
Merit: 500
I dont think that you can make allot of money with the bitcoin when you just hold them for a long time you know lots of people dont know what the price
of the bitcoin really is you kknow and that is the biggest problem.
you should've missed a millionare that having his wealth from buying bitcoin when it's still having such a low price and after few years he realize that he'd save about thousands of bitcoins and suddenly becoming millionaire,it's a proof
We can never say since btc already proven that his popularity already giving him its value so if in case that theres more and more adoption that will happen in this coming years we wil able to see that our investment that we are holding for a longer time will give profits for sure but if its goes the other side risk cant be avoided as well just keep looking on it in a positive direction as for my opinion mate.
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
I dont think that you can make allot of money with the bitcoin when you just hold them for a long time you know lots of people dont know what the price
of the bitcoin really is you kknow and that is the biggest problem.
you should've missed a millionare that having his wealth from buying bitcoin when it's still having such a low price and after few years he realize that he'd save about thousands of bitcoins and suddenly becoming millionaire,it's a proof
legendary
Activity: 1554
Merit: 1054
The next halving is in four years from now (approximately).
There is no telling what will happen with Bitcoin in the next four years.
Maybe its a safe investment and you will double your money, or maybe some other coin will take over and Bitcoin will be dead.
If anyone can predict what will happen in the next four years, please let me know so I can make some money with good investments!

All of that experience something extraordinary if doing so (halving). However I am not sure if the growth of the bitcoin will either 4 years, because I see right now is still very little user bitcoin which contributes best to bitcoin, so I also think that halving is not the best way because it has a greater risk if can't do it well
Kindly update your knowledge on bitcoin ecosystem. Bitcoin is doing the better works as in last 10 days it gained around $80+ which is not happened with any other alternate investment vehicles. Bitcoin must be one of the best investment opportunity of my life time. I myself save bitcoin for my better retirement life. I do not have any secondary thought on that.
hero member
Activity: 756
Merit: 520
The next halving is in four years from now (approximately).
There is no telling what will happen with Bitcoin in the next four years.
Maybe its a safe investment and you will double your money, or maybe some other coin will take over and Bitcoin will be dead.
If anyone can predict what will happen in the next four years, please let me know so I can make some money with good investments!

All of that experience something extraordinary if doing so (halving). However I am not sure if the growth of the bitcoin will either 4 years, because I see right now is still very little user bitcoin which contributes best to bitcoin, so I also think that halving is not the best way because it has a greater risk if can't do it well
newbie
Activity: 42
Merit: 0
The next halving is in four years from now (approximately).
There is no telling what will happen with Bitcoin in the next four years.
Maybe its a safe investment and you will double your money, or maybe some other coin will take over and Bitcoin will be dead.
If anyone can predict what will happen in the next four years, please let me know so I can make some money with good investments!
legendary
Activity: 2170
Merit: 1427
I believe that holding bitcoin for a long time is a good way to make money if and only if you have a significant amount of bitcoin.  A few bitcoin can give you a profit in the long run but it won't even have effect to your kind of living.  So in my opinion, if you are into holding bitcoin for a very long time, try to accumulate if you got a chance and sell when you see a profit just to buy more when it falls in price.  This is multiplying your bitcoin before selling it to your target price.
True as this is the easiest form of investment so far and we do not need to worry on it as there are people who are already rich now by just doing the same method of holding their bitcoins.

I agree on the fact that holding coins is the easiest (if you have steel balls and can deal with massive sell-offs) and safest (in the way that you control everything) from of investing your money, but you should in fact worry about what's happening in the market. Bitcoin is full of surprises. Also, just because some people made themselves a decent amount of money through holding their coins, it doesn't matter you will be able to do so as well. Those that became rich from holding had the opportunity to enter the market at much lower prices than the current levels.

It is simple yet effective and all we need is just to trust bitcoin to take care of our investment.

Holding as in buying low selling high may seem very easy to you, but in reality that's not the case. You have to cope with massive dumps where you need to keep holding your coins no matter what. I can tell you that not many people can do this. At first they say they will hold their coins till the price reaches an x amount, but reality turns out that they either sell their coins with a slight profit as they couldn't resist selling, or they end up panic selling which results in a loss. In that regard, you have to trust in yourself, and not Bitcoin.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
I believe that holding bitcoin for a long time is a good way to make money if and only if you have a significant amount of bitcoin.  A few bitcoin can give you a profit in the long run but it won't even have effect to your kind of living.  So in my opinion, if you are into holding bitcoin for a very long time, try to accumulate if you got a chance and sell when you see a profit just to buy more when it falls in price.  This is multiplying your bitcoin before selling it to your target price.
True as this is the easiest form of investment so far and we do not need to worry on it as there are people who are already rich now by just doing the same method of holding their bitcoins. It is simple yet effective and all we need is just to trust bitcoin to take care of our investment.
hero member
Activity: 1918
Merit: 564
I believe that holding bitcoin for a long time is a good way to make money if and only if you have a significant amount of bitcoin.  A few bitcoin can give you a profit in the long run but it won't even have effect to your kind of living.  So in my opinion, if you are into holding bitcoin for a very long time, try to accumulate if you got a chance and sell when you see a profit just to buy more when it falls in price.  This is multiplying your bitcoin before selling it to your target price.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
You can better not hold your bitcoins that long becuas ei know for sure that onther poeple dont want to let you hold yur bitcoins that long i dont understand why people think about that.

That's for sure, if you are going to hold your bitcoins today and you are going to wait for more price increase then for sure you are going to get good profit out of it. That's why I'm keep on holding for a longer time already because I believe that I will get decent profit after the price increase, just be patient and you will get profit.

Those who are holding coins and waiting for an increase in Bitcoin price this is the right time to sell your coins. Today the Bitcoin price cross 670$. So maybe this weekend it will cross 700$. I am keep watching market price when I feel that the price is high I will sell my coins. Don't know what happen next week am I right?
You're right and in my opinions the another pumping will happened soon, because I just looking from some of the exchange and the potentially for bitcoin to growing into the next goal are opened for a large. and I could wanna say it's too late for the people are want for investing into bitcoin in this time and good for long term, but there is no a lot of guarantee for that... but the guarantee are just you'll never losing all of your amount for directly.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
ofcourse , for long time investment of bitcoin to get better and bulk profit , bitcoin is best .
since many persons are saying that it is only written data in tge internet , but i will say it is not easy to erase this bitcoin data because it is the way of living life for many people of the world .
so holding btc for long time is safe ( i will suggest make backup if your wallet )
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