Post
Topic
Board Economics
Re: Thoughts on "holding" Bitcoin
by
harizen
on 13/10/2015, 10:30:54 UTC
Holding bitcoin is a slow and boring process to gain profit in btc's but good for those who really doesn't use bitcoin in any matter. As in zero use. All coins are just kept on wallet. If people are not using bitcoin then holding is good for them. But for those who are trying to gain more btc's and using btc regularly then holding is not recommended for faster earnings.

It might be slow but I don't think it's boring. The price is regularly going up and down and the more you have the more significant it is. Bitcoin certainly isn't for the inpatient though but I think long term it will pay off. You could also trade with them in the meantime to make it more exciting.

You are right here. But I have some words for it for saying that.

Many bitcoiners are different. Some like to hold. But for users that regularly use bitcoin for everyday spending they not preferred the holding method since their priority is to increase bitcoins for not that long process like holding does.