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Author Topic: should i save btc for future?  (Read 52875 times)
agustina2
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June 15, 2016, 04:40:35 PM
 #1081

Just save your bitcoins for 2-3 years ,,and not that storing your bitcoins for a long long time..2 years and you will have.profit from it.

Let's say you hold 1btc today that you purchased at $500. 2 years later the price rose to $1500 so you now have a profit of $1000.

Satisfied with that? $1000 profit took 2 years to achieved? Also I doubt if most of the people have 1btc for holding purposes for the duration of years. Smiley
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June 15, 2016, 04:44:33 PM
 #1082

The ones who got rich put btc away early and didn't touch it for years.

My theory is that we have the opportunity to do the same right now!
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June 15, 2016, 04:50:20 PM
 #1083

Yeah it is a smart thing to do if you want to make much money but you will have to be patient of you really want to make money. It can take a while before the price is high but you will have tow wait.

I am a believer of the potential and goal of bitcoin. If you are too you should buy and hold bitcoins, but remember many people buy bitcoins to speculate and you mind find yourself being attracted to that. But like every investment you should do your own due diligence. It's important to do know what you are investors in.
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June 15, 2016, 05:13:00 PM
 #1084

Yeah it is a smart thing to do if you want to make much money but you will have to be patient of you really want to make money. It can take a while before the price is high but you will have tow wait.

I am a believer of the potential and goal of bitcoin. If you are too you should buy and hold bitcoins, but remember many people buy bitcoins to speculate and you mind find yourself being attracted to that. But like every investment you should do your own due diligence. It's important to do know what you are investors in.

Every investment involves risk and you need to study the product and market very well before making any investment, as your profits will depend on the decision taken by you at the right time.

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June 15, 2016, 08:59:17 PM
 #1085

The ones who got rich put btc away early and didn't touch it for years.

My theory is that we have the opportunity to do the same right now!

you are very optimistic Cheesy
If you are thinking about getting reach with bitcoin, you should have bought a lot of btc when the price was below one dollar. but buying now you may make just some profit, not getting rich!
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June 15, 2016, 11:35:35 PM
 #1086

Just save your bitcoins for 2-3 years ,,and not that storing your bitcoins for a long long time..2 years and you will have.profit from it.

Holding your coins for a few years is a great way to make profit, but the majority of the people don't even have enough patience to hold their coins for 3 months. They expect high returns in a very short time. And when Bitcoin isn't giving that to them, they turn to altcoins hoping to hit the jackpot. These people are more gamblers than investors.
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June 15, 2016, 11:42:16 PM
 #1087

Just save your bitcoins for 2-3 years ,,and not that storing your bitcoins for a long long time..2 years and you will have.profit from it.

Holding your coins for a few years is a great way to make profit, but the majority of the people don't even have enough patience to hold their coins for 3 months. They expect high returns in a very short time. And when Bitcoin isn't giving that to them, they turn to altcoins hoping to hit the jackpot. These people are more gamblers than investors.
Yeah i think the problem is who will trust if in the next 3 year, bitcoin will flying high to the moon like everyone say, it's normal happen in every investment when the price rise surely the holder will sell a part of a investement they have.
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June 15, 2016, 11:44:58 PM
 #1088

Saving the bitcoin for the future is very good in my eyes because the bitcoin has a very good future a head.
The bitcoin is gonna continue its rise so because of this its good to hold.


It is better to save some bitcoins when the bitcoin price is low and use some when the bitcoin price is too high.

if you have more money, and when the price of bitcoin low. better to buy and hold for the future. because I am also quite regret when the price of bitcoin is still low at under $300 does not buy, and now the price is $685. so you do not doubt that bitcoin has a good future, at least we have to save in order not to regret in the future when the price reaches $5k Cheesy

Back in $300, that price is considered as high since IIRC the price was sit for $2++ range for about 6 months. So many wait for dip but it didn't happen until the price goes up and up. Months later, the price decrease to $370 still many thoughts of this as a price high since they are expecting more decrease and what happen? The price rose to $400 and then to up to now. Regret is part of buying and selling coins but if you always regret for many times then that is different.

yes you are right, if I am not the type who always buy and hold for a long time, will inevitably continue to regret.
because I only take short-term profits as the trade altcoins.

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June 16, 2016, 12:31:23 AM
 #1089

Just save your bitcoins for 2-3 years ,,and not that storing your bitcoins for a long long time..2 years and you will have.profit from it.

Holding your coins for a few years is a great way to make profit, but the majority of the people don't even have enough patience to hold their coins for 3 months. They expect high returns in a very short time. And when Bitcoin isn't giving that to them, they turn to altcoins hoping to hit the jackpot. These people are more gamblers than investors.
Looking for quick profits while trading currency or stocks is pretty common though so there's no really blaming them. At this price getting in to hold might not be worth it for a year at least because as we come to the halving you could probably get a better price after, like you said, all those impatient people sell off.
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June 16, 2016, 12:43:42 AM
 #1090

i have a little doubt about btc price in future.should i save btc for increasing value of bitcoin?

or maybe price of btc will be down in 5-10 year
just imagine about future of btc and tell me should i save bitcoins for future or not...?

As time comes bitcoin price will rise year by year so totally its nice to save bitcoin to make big profit when the time bitcoin value reach $1000 in the near future, but patience is a must, but I guess only few people have that.
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June 16, 2016, 01:11:06 AM
 #1091

i have a little doubt about btc price in future.should i save btc for increasing value of bitcoin?

or maybe price of btc will be down in 5-10 year
just imagine about future of btc and tell me should i save bitcoins for future or not...?

As time comes bitcoin price will rise year by year so totally its nice to save bitcoin to make big profit when the time bitcoin value reach $1000 in the near future, but patience is a must, but I guess only few people have that.

If you lack patience then you can never expect higher profits from bitcoin, so I think we need to save our coins for a long time to earn huge returns from it.

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June 16, 2016, 02:06:05 AM
 #1092

If you want to sell your bitcoins right now you are just stupid because the bitcoin has a good future and its now already rising.
With the halving incoming saving is the best you can do.
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June 16, 2016, 02:39:21 AM
 #1093

Saving up some bitcoins for the future is always good, the bitcoin has a pretty good future a head so I think its not bad to say that if you just hold it you will make profit soon or later with it.
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June 16, 2016, 02:41:05 AM
 #1094

If you want to sell your bitcoins right now you are just stupid because the bitcoin has a good future and its now already rising.
With the halving incoming saving is the best you can do.

What you are saying is true but it also depends on the choice of an individual as if he is earning profits at present then there is nothing wrong in selling and earn profits.
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June 16, 2016, 03:53:44 AM
 #1095

i have a little doubt about btc price in future.should i save btc for increasing value of bitcoin?

or maybe price of btc will be down in 5-10 year
just imagine about future of btc and tell me should i save bitcoins for future or not...?

As time comes bitcoin price will rise year by year so totally its nice to save bitcoin to make big profit when the time bitcoin value reach $1000 in the near future, but patience is a must, but I guess only few people have that.

If you lack patience then you can never expect higher profits from bitcoin, so I think we need to save our coins for a long time to earn huge returns from it.
In saving BTC in the future the amount should be solely intended for savings, you need to make sure that you will not touch it until your realize your goal because you sell it. It needs a lot of discipline to stay in the investment plan.

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June 16, 2016, 05:14:08 AM
 #1096

Just save your bitcoins for 2-3 years ,,and not that storing your bitcoins for a long long time..2 years and you will have.profit from it.

i will says hold your bitcoin for 20years , im sure it's very profitable.
now im collecting bitcoin and try save at paper wallet for 20years

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June 16, 2016, 06:43:02 AM
 #1097

I'm saving my coins for the future but whether you should or not is up to how much you believe in bitcoin. Nothing is guranteed but I can certainly see the potential bitcoin has but that doesn't mean everyone else will.
Maybe just buy a little and what you can afford every month but don't go crazy and invest more than you can afford to lose.
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June 16, 2016, 04:31:27 PM
 #1098

Just save your bitcoins for 2-3 years ,,and not that storing your bitcoins for a long long time..2 years and you will have.profit from it.

i will says hold your bitcoin for 20years , im sure it's very profitable.
now im collecting bitcoin and try save at paper wallet for 20years

I will hold my bitcoin for more than 30 years. I might use some in the mean time and buy more when the price is low.

 
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CryingMidget
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June 16, 2016, 04:40:13 PM
 #1099

I'm saving my coins for the future but whether you should or not is up to how much you believe in bitcoin. Nothing is guranteed but I can certainly see the potential bitcoin has but that doesn't mean everyone else will.
Maybe just buy a little and what you can afford every month but don't go crazy and invest more than you can afford to lose.


Yeah agree, saving and holding bitcoins for future is the right thing to do, as it is expected that value would be much higher in the coming months so its better to collect as much coins possible at a moment.
co5hike
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June 16, 2016, 04:43:42 PM
 #1100

I'm saving my coins for the future but whether you should or not is up to how much you believe in bitcoin. Nothing is guranteed but I can certainly see the potential bitcoin has but that doesn't mean everyone else will.
Maybe just buy a little and what you can afford every month but don't go crazy and invest more than you can afford to lose.


Yeah agree, saving and holding bitcoins for future is the right thing to do, as it is expected that value would be much higher in the coming months so its better to collect as much coins possible at a moment.


The only that comes to my mind is if we save for long term without selling now and what if price falls back then would it be worth to save for that long time?
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