Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Bitcoin Discussion
Re: What is the best source of bitcoin nowadays?
by
Dragonkiller
on 15/05/2017, 19:57:28 UTC
Quote from: batang_bitcoin on May 15, 2017, 07:54:41 PM
Quote from: silverduck on May 15, 2017, 11:51:25 AM
Quote from: batang_bitcoin on May 15, 2017, 11:47:14 AM
Quote from: deathcode on May 15, 2017, 10:32:10 AM
Quote from: batang_bitcoin on May 15, 2017, 10:00:01 AM
Quote from: arpon11 on May 15, 2017, 06:56:25 AM
Buy and hold for a long time is the best source of bitcoin now. For those that buy bitcoin since November last year when bitcoin price was around $600 for just five months has made over 150% return if they sold their bitcoin today.

But buying and holding takes time. You need to wait for a longer time and its only good for one time blow profit. Well it is still a good source and it can be one way of the best source of income. And you should do it on daily basis to get daily profit.

Holding them for a long term is good only if you have higher amount of bitcoins and if not better to invest them in trading where you can grow them on regular interval and at the same time it will also give you some profits but if you don't want to take any risk of investing then holding them is the right choice.

Whether you've got low or high as long as you can hold to longer time then that can be profitable to you. But I'm just worried about it, you can make it as a source but you can't make it your stable source because holding is good to be considered as your other investments which is going to be hopeful for good profit.

Yes if you want to generate regular income then you need to invest them in trading as holding will never give you regular income and you will be making out of it only when you sell them so if you want to make regular profits then better to use them in trading instead of holding it.

Yes that's what I'm worried about holding, you can do it for you to have regular income. But it will always be a good source of income and we all know about it. Maybe by becoming a day trader is going to work out for you and if that is going to give you good income then you may say that it is the best source for you.

Trading will give you good profits at regular time and you cannot expect the same result from holding as to make profits from holding you need to wait for the price to go higher and no one knows which is the best and highest price to sell bitcoins go generate best profits.