Ninjastic
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Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
lionheart78
on 05/12/2016, 21:07:56 UTC
Quote from: lakisis on December 05, 2016, 08:05:21 PM
Quote from: sabbirshm on December 05, 2016, 01:47:19 PM
Quote from: Hidemyname on December 02, 2016, 04:48:22 PM
I think  holding a bitcoin for a long time is a good thing cause the value of bitcoin keeps on getting high just think about this when bitcoin made its first appearance the worth of 1Bitcoin is 0.08$ look how much its price grow from its appearanve

Holding bitcoin is obviously good idea to earn money.You just need to wait for the correct time to buy and sell.for example I bought 3btc when bitcoin price was under 400$ and now it's 770$+.So you just need to be patient and wait for the correct time.
you are right that wait for the correct time to buy and sell your bitcoin and i also buying bitcoin with low price and then i wait for higher and when price go to high then i sell it with high price and get a good profit from bitcoin trading .

You need to be very patient here, there will be lots of temptation when you see bitcoin price increasing.  It would be better if you save your bitcoin in a cold storage then forget about it.  This way it will be easier for you to resist temptation.