Post
Topic
Board Economics
Re: How many Bitcoin do you have saved?
by
bitcoin31
on 08/04/2017, 09:10:23 UTC
I don't use use my bitcoins. I am thinking to hold it for a year or so to see what happens. But my amount is not any near of yours. I think holding now is the best way to grow money
yes there is o doubt about that long term investment is too much good. as in long term investment we have very little chance to lose money
Long term investment requires patience till the end you choose to drop the investment because maybe it takes more than a year to reach a goal and for those who can't waiting too long, long term investment is a bad idea for them.

Yes you need patience if you want longterm in bitcoin.  Longterm investment have good and bad result because what if you hold bitcoin for long time and tha price drop your money also decrease what if the bitcoin price increase your lucky because you earn profit by holding it. If you buy or hold bitcoin last 2 years and you decided to sell it your money triple.