Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
ultrloa
on 12/05/2017, 05:54:15 UTC
i think so risky if you Holding bitcoin a long time  , may be just 3-6 Month it's good . but , if you already got cheap or profit you should sell your bitcoin , and waiting dump again .

Its risky right but its good because your bitcoin will remain if you hold it for a long time. But if you want to make more money try to trade it to other type of coins here like altcoins so that it will grow and you can save more money.
Holding a coin is just risky if you don't know anything about the coin and you don't know what are the things that will happen in that coin in short, you don't have any information. Holding a coin can be risky also if you just hold it for short term and not long term because short term are very volatile to the price and you will get more chances to loss rather than to earn.

Yeah thats why we need to be more informative about on the coin we are going to stake but as you can see on what is happening on bitcoins right now the price is totally huge and to lucky for those people who bought from 300$ and beyond since they accumulated such huge profits from it already and maybe they will earn more if they stake longer from it. But i think theres only few people who are staking for that level since there are various things happens that made confusion thats why for the past months price of bitcoins has go down and im pretty sure many people sold their btc when bitfinnex hacking issue occured at that time.