Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
Victorycoin
on 22/12/2016, 10:54:13 UTC
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.


Much better to say that holding bitcoins for a longer time is better for having a good money. As the price is going to keep on increasing.

That's the cycle of bitcoin, the longer you will hold your bitcoins the more chance of increasing it's value.

And there's no doubt about it for it was proven by many of us.

All agree that buying and holding bitcoin is a good business decision, but something missing is that buying at just any price won't always corroborate our assumption. There is need to time when to buy some bitcoin, so that one does not end up having overpriced coins in one's hand, which might take a very long wait , if at all, to retest same price again.