Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
Sled
on 29/03/2017, 20:33:37 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.
Yeah that's right, being patience is one of the major factor for us to succeed in a long term of waiting to our holdings for to get our profit unto it. And panic shouldn't be enter to our belief in bitcoin so that we can gain the result of of our waiting moment.

But, to be patient in trading when the price down continue is very annoying. So we are often be panic.
I agree that patience is a major factor for us to be success in trading with long-term.
Because without a patience we often will be loss than profit.
With trading and long time holding of bitcoin patience is a must. But the price fluctuations always make the users get panic and sell at the low prices. In my view uaers holding big amount were the one who makes a good earning whether its long term holding or through trading.

If you want to make profits with only holding then make sure that you have higher amount of bitcoins in your wallet as you cannot make huge profits with small amount and if you are not satisfied with your volume of coins then better use them in trading to multiply them in the best possible way.
I do that strategy because i don't have enough bitcoins to keep so i can earn huge profits. I put all my bitcoins in altcoin trading and buy some cheap coins when the price of bitcoin is very high (Since they are inversely proportional) i bought a lot of eth with my 2 bitcoins and i sell them earlier and i don't expect that the price will go even higher but it is alright since i already multiplied my bitcoin by 2 and just waiting for another trading opportunity.