Re: Is Holding Bitcoin a long time good way to make money?

it's a good way to growing our money, holding bitcoin is part of my life

but trade it with profit is better than holding bitcoin.

Why limiting yourself to doing one thing, when you can do both long term holding and short term trading at the same time? I do exactly that. I have a certain amount of coins in my cold wallets that I will not touch in the coming 5-10 years (I have been holding them since early 2013). This is my long term investment.

Alongside that, I have a certain number of coins combined with a certain amount of fiat that I use to do my trading. That's how I get my profits. It doesn't really matter for me if the price goes down significantly, or goes up significantly. I make profit whilst trading either way. It takes plenty of my time, but it's definitely worth it.

Exactly, why not do both.. having both in your investment plan would minimize the risk in investing. There is no assurance that you can make profit in the future, but with short term investment there's a big possibility that you will make profit as you can monitor the price.

Yeah there is no guarantee that long term holding will give only profits to you, if price drops dramatically then holding will be useless so its always good to take benefits from short term fluctuations to make quick profits and that can be done if we are investing our money in trading bitcoins or altcoins.

Of course, there's no guarantee that is why we are here in investing as the risk is present, with what I see with bitcoin, I believe it's profitable investment and would be more profitable in the future, so I will definitely invest with the future of bitcoin but not all my money.