Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
llanillo
on 27/03/2017, 02:18:05 UTC
almost like gold holding bitcoin is a profitable investment because the predicted value will further increase annually just don't panic when its value fell even at the moment used to rebuy bitcoin because most likely the higher value will
but to achieve it we need great patience. sometimes bitcoin prices declined unexpectedly. like the last few days many people who do panic sell. whereas we just have to be patient, bitcoin prices increased again by itself.
If anyone wants to achieve something, he/she needs patience. So that's why holding of bitcoins are good way to make money. It has it's side affect, that patience because bitcoin's price is very changeable and with regular trading it's not difficuly yo achieve even more profit than from holding them.

Yes patience is the key if you are looking to make some good profits from bitcoin and you should not get panic even if the price starts falling as if you get panic and sell your coins at that point then it will give you only loss but if you manage to hold it in that scenario then you can make good profits in future when price will go higher once again.