why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Saving might be a boring way to keep your money safe and alive for a long time specially when you are just saving it into a coin bank or holding it into your customized storage of money. But in bitcoin, saving and holding is the simplest yet the most effective way to keep your money growing because from your initial earning, you can still gain profit because bitcoin's price is volatile enabling us to gain an income. Also saving has a great benefit just like using what you have save for future purposes. Well, that's true. Saving is always a better way to grow in economy. It serves as a base for each and every other investment With bitcoin the benefits were high, as the growth is tremendous and the users earns big for what they save in accordance to the time period of the saved volume of bitcoin in the wallet. |
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I don't have any knowledge of mining so will not invest any money in it without any knowledge and also the electricity cost is too high in my country so I will stay away from mining and instead I will buy more bitcoins and save it for future and meanwhile will go for investing in trading from where I can generate regular profits.
Yes, very few users are good in technical aspects about bitcoin. Only those users will be making themselves involved into bitcoin mining. Rest use the different ways of earning and in my opinion it's good to save what they get from mining. |
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Bill Gates Stated on his interview about bitcoin that the Bitcoin is the future and the one that will remove poverty.And also he stated that the cryptocurrency or the bitcoin is unstoppable.Its a good effect and people will send good feedback because Billgates show his support and trust in bitcoin.
Bill Gates is one among the technology giant who has been successful with the innovation that he made in the technology growth. So he always gives a advantageous statement about bitcoin and in my personal opinion I don't think that bitcoin will end the poverty. |
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The best possible way to earn free Bitcoins (or altcoins) in short amounts of time is signature and social media bounty campaigns on this forum. You can use this link if u wish to search for appropriate bounties: https://bitcointalk.org/index.php?board=238.0 Making a single bitcoin now has the dependence on luck. If you are lucky you may get it through bounties, if the value of the bounty goes high in a short time. Else one needs to have capital investment and then try the different ways to multiply the earning. |
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It's good to start with the nitrogensportsbet.eu,which is because of the easiest access for gambling in several events. That's too in specific for sports betting its good and if it's for other forms of casino games you may go with the primedice which is quite popular.
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Yes it is. Because at what we have observe the price of bitcoin today is quite amazing .and on my own way of observation.about the price. I see that bitcoin today has reach its tripple price than the past.so in short holding bitcoin today will be a great opportunity for tommorow.
Holding bitcoin for a longer time is quite a better way to make money. Looking the price from the beginning the growth happens in a gradual manner. Based on this one who have trust over bitcoin surely benefits in the upcoming years as more you hold more will be the profit which is the true reality. |
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Maybe in the upcoming years the usage of bitcoin for taxi trips will be introduced. Right now bitcoin is gaining more usage as currency than the past days, so soon we can see such services. Now if the taxi driver is aware about bitcoin, the user might get the chance to use bitcoin for trips.
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Competition, altcoins are needed to bring competition to bitcoin, nothing good comes from a monopoly so by having altcoins there are more ways for people to make money, to receive payments, it gives us the chance to choose the crypto currency that has the best characteristics for what we are looking for.
This is the major reason Bitcoin is soaring. Without altcoins much popularity and worth wouldn't have been accorded the Bitcoin. Like the popular saying, "you can only know the quality of good in the presence of bad." The altcoins chase in the crypto market gives the Bitcoin devs more determination to make it remain top. Yes, without altcoins the popularity of digital currency might have not reached such a level. This is all because more the competence more will be the growth. If bitcoin alone was found we could have not got such trading methods which were required for the increased circulation of bitcoin. |
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Majority of the gambling websites function legitimately and also the settlement on different events were perfect without flaws. In my opinion for gambling needs you can randomly select a website and gamble whereas with investment you need to be highly conscious while selecting the investment website.
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As a beginner in trading its good to have a small investment to learn much about it. At the early days of being a trader it's good to focus on btc/USD trading rather than focusing on btc/altcoins trading which is pretty hard to make closer predictions.
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Bitcoin price goes up, if one needs a confirmation about the upcoming price increase surely one can go through the price growth chart from the starting days of bitcoin into the world. As it's purely speculative the growth happens with regard to the adoption.
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I think Many of countries have been seen bitcoin as global currency.
For eg China and Australia Create bitcoin regulation recently And India is also thinking about that.
Bitcoin has made impact on internationally.
In reality bitcoin is getting termed to be the global currency. China and Australia are examples for the other countries that are with plans of implementing bitcoin or creating their own digital currency. I don't think India is not gonna make bitcoin legal at the earliest, because it needs a education base which is a difficult task to be attained in a highly populated country. |
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Once I found a signature campaign that accepts newbies. The campaign ran for few weeks and was running successfully few months back. After that I haven't come across any campaign accepting newbies. The minimum eligibility for getting slot is Jn. Member.
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I am using Nitrogensports.eu for my sports betting now, the sports odds offered by them are acceptable for me, and my withdrawals on the site are always processed without any issue. Sportsbet.io is another site that I used occasionally, but I have seen some high bettors having issues with them on big withdrawals, so it might not be advisable to use sportsbet.io if you are planning to wager huge amount of bitcoins.
In the past I have been into directbet.eu, and once they stopped their service moved towards nitrogensports.eu and this is quiet good for sports betting with better odds and therefore is no flaws in the settlement of the winning amounts. Not sure of sportsbet.io which I need to give a try. |
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It is always a good time to buy, $4000 is little change compared to what it will sell by the end of the year and January. In a few years time you will be well pleased if you are a long term holder.
Sane as that's stated above, there is no need of an time segregation for buying bitcoin. All the time seems good for investing into bitcoin. One thing that needs to be thought while buying is the profitability which is assured. So without hesitation can invest unlike the price staying above $4000 or below $4000. |
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I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
Hodling is more profit i think, it is much more fun imo, looking at your portfolio every hour  . Holding is profitable and risk free. In my view trading is much more fun filled than just holding, because while holding what we get is the profit depending on the price difference happening between the buying and selling. With trading each and every hour the user needs to be active to gain the profit from the fluctuations. |
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Paper money will exist, because that people with organic opportunities themselves can not use electronic currencies and this will be a problem for a sufficient number of people.
Paper money surely exists, because paper money usage among users were common and for bitcoin usage certain knowledge is a must. So people always tend to invest onto bitcoin for a better earning rather than using it more as a currency. This keeps paper money being used forever even when majority of the things happen digitally. |
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In world , bitcoin is too much popular. Now many country knows what is bitcoin and why it can use. Before many online shop are not accept bitcoin .But now they accept it. Because they know is too much trusted and popular. some days ago one of my friend asked one famous online shop are accepting bitcoin. They tell him they accept bitcoin .
I hope in future my countries online shop also accept bitcoin.
Yes, in future there might be a big increase in the user base around the world compared to the present days. In specific what I suggest is that a business with bitcoin initiated at present will be profiting high in the future even if the business doesn't get good profit or acceptance among the people. |
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The ongoing price drop is not a price crash. This is fluctuation happening in large scale compared to price variations taking place in terms of $10-$50. Soon the price once again moves forward crossing the past increased price and recording new ATH. This can be used as an buying opportunity to profit in a short time.
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No one has expected such a sudden hike in the price this very month but the lift has made excited and I anticipate it will be getting 5000$ in the and of this month only. Moreover, it may rocket up to 10000$ till the end of the year.
It's very quick to see the price of bitcoin, too quick and even me I don't expect that we will be facing the price of bitcoin this August at $4,100. And for sure we are about to see the price at $5,000 maybe by the end of the month but for sure this year. It will surely be a great achievement for this month alone if we will be able to see that price. My prediction wast at least $5,000 by the end of the year and it seems like Christmas comes early for us. Keep watching and holding guys, it's what we are wanting to see now. The price went down at $3,700 this day and this is happening most of the sudden and it's already a normal trend in the market of bitcoin. For sure the price of bitcoin before and after Christmas for this year, the price will get higher. Look at the current market price again like this I hope you never feel panic because it will make you lose, all this is the market trend of bitcoin there when its up and down, all this just about time, if you then buy at the top price You should just hold it or if you do not buy lg at the bottom price if the price upanda will be able to again, take advantage of all the moment in the market bitcoin surely you will be lucky, because now this bitcoin already touch the price 3883.6 $ hope your day fun Don't worry about me pal, I've learned a lot from the past and I don't have to panic. I've got still 1 bitcoin after selling most of my bitcoins at quite lower price from today. And I don't regret it because it helped me a lot from it and I bought a lot of things that my parents benefited on it. Hope this will be continuous, I'm already good that it will be stable now at $3,000-$3,500. Agree with you pal and I could salute you . First why should hold it to gain more profit if you are really in need of money to buy important things, you sold it for a purpose and not for nonsense things but if you dont need money then.that is the time on focusing making profit from it . As my self if I need money I will cashout it no matter the price is Price increase happening with bitcoin is unpredictable and this happens quiet commonly on certain time interval. The price probably increase further more, based on which holding is mentioned as profitable. But when one is in necessity it's good to sell or cash out without giving consideration to the price of bitcoin. |
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