Post
Topic
Board Trading Discussion
Re: Anyone booked profit when btc touched $ 400 ?
by
randy8777
on 02/06/2016, 18:02:32 UTC
It is nice to see that here are so many people that has already made some profit and I am patience too because I want to make more money so I will also wait a longer time so that is nice. I also think that not everyone has made profit some of the people bought also at a high value I think and they have to wait a longer time.

In bitcoin, it is easy to make profit. You just need to hold it and do nothing. It will always rise in long term.

Well said. But earning after such a long time is simply waste of time. You should try multiplying it, else just holding long doesn't give only increase because none is sure of bitcoins future.
How it could be waste of time. When you are holding your dollars in your safe how you can expect any growth from it. But bitcoin will give you some decent value growth based on the time duration you are holding.

We can be sure about bitcoin's future based on it's past performances.

So far, in the history of bitcoin, if you hold the bitcoin for more than 4 years, you will make money.

it's not hard to figure that out as 4 years ago the price was peanuts compared to now. no one knows if you buy now and hold your coins for 4 years that you will be guaranteed a profit. the chances of seeing the price go higher as we progress through the years are indeed high, but we can't look that far in the future. i never take things for granted in life. bitcoin is no exception.