Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
martinacar
on 30/07/2016, 20:42:09 UTC
Quote from: Superways on July 30, 2016, 08:02:46 PM
Quote from: gtglener on July 30, 2016, 12:19:17 PM
Quote from: avw1982 on July 29, 2016, 05:45:37 PM
Quote from: bitkilo on July 28, 2016, 10:58:48 PM
Quote from: Mkmanik on July 28, 2016, 05:36:39 PM
I have 13$ worth of btc.i dont understand what will happen,if i holding this btc for a long time ?
It just depends on how long you hold and what the price is when you sell or trade for goods.
It could be worth $1 or it could be worth $10000



It could be good to hold your bitcoins for a long term, keep in mind there are more risks that you have to take to do this but it will also maybe be more profitable at the end, A long term investment can let you gain a lot of money if the bitcoin grows to a very large currency.

I think there is no any risk to hold our bitcoins for longer as if we have a good knowledge about bitcoin and keep a bare look on its price and other events and get a good knowledge about trade then it is not possible that we will lose anything with our bitcoins. I have my bitcoins in my wallet from about more than 8 months and I have not lost any amount in there in that period, which is a proof for me that there is no any risk to hold for longer.

I have my coins from a longer time in my wallet and I have not faced any risk but I have earn much more because of it, with that I have a strong believe on bitcoin now and so I will keep my coins for more longer in my wallet and I have believe that the price will increase sooner and I will earn more with that. I will suggest all of you to hold for longer.

The only thing that is important is that you believe in the concept. They you will not make rookies mistakes to sell your coins in a panic crash or even a panic buying. Believing is holding, holding is consistent and even a guarantee to profit. How much? We will now that in a couple of years. So stay tuned!