Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
chaosknight
on 21/10/2016, 10:11:05 UTC
it is not the best way to make money, but I think it is the best way to make money without excessive risk. risks that should you encounter is when the price of bitcoin down, because only at that moment that you have less money. Well, perhaps the best way to make money is by trading, but it has a big risk
A risk is a risk mate, in trading you can learn your way to make money although it is risky and it has been proven by those good traders that there is money in trading, so I guess we do not need to worry so much of the risk as long as we can afford the money we use in trading.
yeah that's right,even holding bitcoin for a long time have a chance to lose then i would prefer to go for trading honestly,same risk more profit,just don't use money that you use for daily needs,just the unused ones

Holding never guarantees us the profits as price can even go down in future, so the best way to make regular profits is by putting those coins in trading to multiply our coins in long run.

People who wants to play safe will always prefer to hold their coins without doing any experiment with it and they would be satisfied even if they are making lower profits.
Holding is no guarantee to success.It is not necessary that bitcoin price will go up.New crypto or a better tech may either completely replace bitcoin or reduce its value.It is better to invest and save 

What is the difference  between saving and holding? both are the same in their own sense as you are not using them anywhere and keeping them idle in wallet and waiting for the price to rise.