Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
Sled
on 28/12/2016, 12:36:06 UTC
Consider holding can be good but I think right now its still insecure what the bitcoin will bring in the future.
I think we could better now short invest and maybe later at the end of this year make the decision to still sell our bitcoins or go long for it.

Right now holding is suggested and a good decision. Bitcoin price has fallen from the price near to $475. Now patience till May might give some good profit according to most users speculation.

what is so special in May? is it much more important than halving in July? as my point of view most users speculation focus on July, when the next halving will happen.
Because it is when spring is almost here and so are the hopes in a brighter future. So I can see why most people in their sane minds that is, would be optimistic for their views on bitcoins future growth in price.

Yeah bitcoin will always keep growing in price even though sometimes the price go down but it will goes up again. In April the price of bitcoin around 475 dollars but at this time the price can touch 880 until 900 dollars per bitcoin. It means during April until December the fluctuations of bitcoin is good.
That how good is bitcoin, its price almost double just after a few month. So that is the proof why holding a bitcoin for a long time or even short time just like a few months can literally give you a lot of profit. So if the bitcoin price fall then grab that opportunity to buy a lot of cheap bitcoin and keep holding it until the price reaches your satisfaction.