Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
PokerFace3
on 02/12/2016, 18:23:12 UTC
Yes because the price sky rockets from time to time.

I`m holding my bitcoins for 6 months and the price increased from 600$ to 730$.

I can`t say it sky rockets,but it`s a good increase.

Yes,it`s a good way,but you have to buy and sell at the right time.
It is a 20% + free profit and around Christmas the price would be even much higher.
I think if you sell them now it will not be the wisest of ideas since the  price is obviously expected to rise higher and higher. I usually sell once I see a downfall has started after continuous price rally.