Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
serjent05
on 23/06/2016, 17:59:14 UTC
off course holding bitcoins is a good thing but not holding every coin becasue that is not good for the price increase for us all if everyone holding the price will only drop.
That is the statistic law of supply and demand and yes that is going to happen if all user of bitcoin not spending it either online or offline. The bitcoin will be dropped like a roaler coaster as for the title holding bitcoin for a long time lets say 4-8 years will guarantee your financial issue in the future.


I kindly think so, and that might probably be the result.  But honestly it is something like a gamble.  Coz we all know we cant predict the future price of Bitcoin.  We can only speculate, but it is not the basis of will it increase or not. Will we make money or get bankrupt.  Still I think the best way to make money is to move it to invest on things that can give you profit.