Post
Topic
Board Speculation
Re: Is the best investment holding your Bitcoin?
by
n0ne
on 15/11/2016, 10:55:23 UTC
Holding some bitcoin for the long term may be the best way to make money. I try to supplement that by trading on the short term peaks and valleys in the price.

i think if holding long time bitcoin is not good
because bitcoin price is and range wave price is slow move
example in 2013 bitcoin price 1000 dollar, and you buy and hold until now you still lost your money not profit
is good is inday trading, shortem trade, not longterm

Holding Bitcoin is probably the safest possible investment you can make. If you think the otherwise just because some noobs bought themselves some +$1000 coins, then you really have no clue about how investors with common sense and actual experience are working. Simple thing - smart people have bought their coins for a few hundred at most, and sold at +$1000 prices, while noobs thought exactly that price would be a decent investment. Do you see the difference that I try to point out? Noobs got burned heavily.
That's true holding is the safest way to make profits in future and most of the users prefer to do the same without putting their coins at risk by investing it anywhere, and if you are safe player then for you the best choice is to keep them safe in wallet and sell when price reaches to extreme level in future.


I disagree on that as I feel that holding is the risky method to make profits as price may even fall in future and at that point your holdings will be of no use as you need to again wait longer for price to rise and no one knows how long time it can take so I will choose to invest them in trading and try to grow my coins over a period of time.

None is sure about the price increase and decrease. So long term holding users don't get assured profit but upon the growth experienced with bitcoin we can predict that price increase happens. Other than this its better to make profit with short term holding which won't make you get into loss.