Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
salmanahmedone
on 17/12/2016, 06:31:29 UTC
Maybe yes, maybe no. Only holding it without doing nothing for long time is is not
profitable unless you bought it with the lowest rate ever. It would be more profitable if you
can trade it when there is a good chance to make profit. But holding your money maybe is also a
good way if you want to only to make money and if you want only that bitcoin should be kept and never used for some thing.

Also the advantage of gaining more is high now because we do not know someday what will be the value of it.
Anyway for me, holding money or bitcoin for long for trading is good.