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.

holding bitcoin a long time is good to take profit
but not maximal potential profit, is good trading is in day trading and compounding system

long term investment is more profitable that short time investment, but you need to invest a good amount for long term investment, as you have to wait for a long time and to give some good time for trading therefore you need to put some good amount for long term investment so as to get some good profit.

if that's the maybe you should make a half for your long term investment and the other half to trading and make some good plan to grow
your btc more if you got some good assessment and study deeper for sure you will possibly double or more your investment.

Depends really on your plan as there are investors who prefer to do both, short term investment will give you active income and will minimize the risk as you need to be active and educate yourself on the recent events since bitcoin price movement is news driven.

every one has their own choice but to me short term investment is more risky than long term investment, in short term investment if the price goes down you will certainly book lost as you cannot wait for the price to return to its previous position while in long term investment you can wait for a long time no problem the price is getting low or raising to some points.

Yeah there is a people like that they are not have a patient to wait for the price increase instead of holding it for a long time they are selling it even they are lose.. that is why they are not making a good profit.. if you are investors you should wait for a long time and monitor the price incease until the price can be increase by 20 to 50 percent profit..before you can sell and earn profit..