Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
BitHodler
on 22/10/2016, 10:49:09 UTC
Investing  lots of bitcoin for  long term  purposes  would really  pay the price  of  the waiting  time  that youve made compare on  just  holding a little amount , its not worth for the wait .  As  i mentioned earlier better  to hold  huge amount so that you could able  to feel the profit.
Yes and I think considering the fact that there are hardly any legit and trusted websites that pay good interest left in market, I think the best way is to stock your bitcoins, fix a price in mind which once reached you will sell and just that's it, one thing we all surely know is bitcoins price will increase so make use of it.
How are you so sure that the price will increase? Is there a particular reason for that?

If that's really the case in your believing, then why don't you start with scooping up as many coins as possible at current rates?

Believe me, there are zero guarantees when it comes to Bitcoin. Where it might look like the price is about to explode, it tricks you, and as result the price starts to tank heavily.

I have seen it happen too often in my time here to take things for granted. It only leads to disappointments.