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Author Topic: bitcoin benefit of saving for a long time?  (Read 81780 times)
logicgate
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August 30, 2017, 08:19:38 AM
 #1061

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

in my opinion, it would be better to keep bitcoin in the long time. especially if we have many of bitcoin stock in our wallets. we see backward, how the value of bitcoin is increasing every year until now. the possibility of rising for the coming years is also very likely. so save your bitcoin and wait until the value is really high.
I will give the same piece of advice. Bitcoins will soon become the rare commodity of the world and after few years, it would be really very hard to own bitcoins. This is best time of grabbing bitcoins to enjoy a luxurious future. I am myself working on this strategy because I believe in the potential of bitcoins for producing grand profits.
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stepwilli
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August 30, 2017, 12:17:14 PM
 #1062

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


Knowing that the bitcoins value have a high possibility to grow their price like what they always did. People, including me, are holding our bitcoins through our wallet hoping to gain more money through that investment. We are more persuade because of the teen who became a millionaire because of holding his bitcoins for a long time. Bitcoins value is way too different from before they are very expensive and very hard to get because it is the best ways of investment.
Yes that’s the benefits that people get from saving their Bitcoin for a longtime. But it will take you years to see the profits, so it depends on how much patience you can have. If you will be able to save the money you’re making from Bitcoin, leaving for some years and forgetting about it, there is no doubt you will make bigger profits as soon as price goes up.
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August 30, 2017, 12:20:35 PM
 #1063

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


Knowing that the bitcoins value have a high possibility to grow their price like what they always did. People, including me, are holding our bitcoins through our wallet hoping to gain more money through that investment. We are more persuade because of the teen who became a millionaire because of holding his bitcoins for a long time. Bitcoins value is way too different from before they are very expensive and very hard to get because it is the best ways of investment.
Yes that’s the benefits that people get from saving their Bitcoin for a longtime. But it will take you years to see the profits, so it depends on how much patience you can have. If you will be able to save the money you’re making from Bitcoin, leaving for some years and forgetting about it, there is no doubt you will make bigger profits as soon as price goes up.
But for me you do not need to wait for too long to make profit from your savings you can do trading to increase your income, if you just want to save i think much better to save huge amount of money to see the great income of your savings.
Bondho Kompeni
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August 30, 2017, 04:07:16 PM
 #1064

I think the benefits of bitcoin for a long time as an investment, when bitcoin prices increase and then sell it ..
And very risky to store bitcoin for too long, because we do not know when the price will go down or up.
But i myself believe the bitcoin price for the next 5 years will be higher,i will trade it and keep it for a long time.
Agree with you, it takes a long time to get big profit, I think with 3 years is enough to keep bitcoin and sell so that we can get a very big profit.
I sure if we patient to wait at least 3 years, of course the price will increase more than 600%


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richkellj
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August 31, 2017, 06:19:59 AM
 #1065

I think the benefits of bitcoin for a long time as an investment, when bitcoin prices increase and then sell it ..
And very risky to store bitcoin for too long, because we do not know when the price will go down or up.
But i myself believe the bitcoin price for the next 5 years will be higher,i will trade it and keep it for a long time.
Yes you are right. No one knows when the process will go up or down. But if see the graph of past few years, we’ll observe that prices are continuously going up and up. So selling will never be the best option. You should keep what you had and try to get more.
umbara ardian
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August 31, 2017, 07:15:59 AM
 #1066

they are smart to look for opportunities, storing bitcoin in a long time will make them profit much larger than before. if they buy the current auto bitcoins if there is such a rapid rise in the coming year they will become millionaires. so this is a very great thought only the big-minded person dare to take this decision.
ibuddy122505
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August 31, 2017, 07:27:11 AM
 #1067

I think the benefits of bitcoin for a long time as an investment, when bitcoin prices increase and then sell it ..
And very risky to store bitcoin for too long, because we do not know when the price will go down or up.
But i myself believe the bitcoin price for the next 5 years will be higher,i will trade it and keep it for a long time.
Yes you are right. No one knows when the process will go up or down. But if see the graph of past few years, we’ll observe that prices are continuously going up and up. So selling will never be the best option. You should keep what you had and try to get more.
Agreed that, HOLD as long you can. Don't sell at the moment, it's going to explode soon. Though, it's true that, It's difficult to predict, but I think it will increase. But, Don't dive into your emotions, talk to the community and getting updated. You will get better results.
mel0924
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August 31, 2017, 07:30:40 AM
 #1068

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Many people store bitcoins in their wallet due to the fact that bitcoin price is going higher and higher as time goes along. All of us or many of us believe this that we can be a millionaire if we store even just 1 bitcoin in our wallet. This is my dream that I could have at least 1 bitcoin in my wallet. Bitcoin can change our lives and many people wanted it.

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yvesp110
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August 31, 2017, 05:59:02 PM
 #1069

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


Knowing that the bitcoins value have a high possibility to grow their price like what they always did. People, including me, are holding our bitcoins through our wallet hoping to gain more money through that investment. We are more persuade because of the teen who became a millionaire because of holding his bitcoins for a long time. Bitcoins value is way too different from before they are very expensive and very hard to get because it is the best ways of investment.
Yes that’s the benefits that people get from saving their Bitcoin for a longtime. But it will take you years to see the profits, so it depends on how much patience you can have. If you will be able to save the money you’re making from Bitcoin, leaving for some years and forgetting about it, there is no doubt you will make bigger profits as soon as price goes up.
But for me you do not need to wait for too long to make profit from your savings you can do trading to increase your income, if you just want to save i think much better to save huge amount of money to see the great income of your savings.
Yes you are right savings only produce good profits when they are huge in number. With small capital, you can’t expect grand returns. Trading is a professional job where definitely you can make more capital than just saving your bitcoins. Holding bitcoins needs a lot of time to make you go out of world.

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August 31, 2017, 07:04:18 PM
 #1070


it is still profitable to store their bitcoin for a long time, since bitcoin prices are still up for now, in the past few weeks bitcoin prices have risen to over 200% is not it a good investment, what if for a period of time which is old Smiley

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August 31, 2017, 07:09:01 PM
 #1071

I think the benefits of bitcoin for a long time as an investment, when bitcoin prices increase and then sell it ..
And very risky to store bitcoin for too long, because we do not know when the price will go down or up.
But i myself believe the bitcoin price for the next 5 years will be higher,i will trade it and keep it for a long time.
Yes you are right. No one knows when the process will go up or down. But if see the graph of past few years, we’ll observe that prices are continuously going up and up. So selling will never be the best option. You should keep what you had and try to get more.
Agreed that, HOLD as long you can. Don't sell at the moment, it's going to explode soon. Though, it's true that, It's difficult to predict, but I think it will increase. But, Don't dive into your emotions, talk to the community and getting updated. You will get better results.

Yes I agree with you.  I once regret the fact that I am too afraid to hold my bitcoins.  End result is that I sell my bitcoins due to panick because during that time bitcoin price is going down.  I really regret that moment and now as long as I can I will hold my coins and wait for the right time.
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August 31, 2017, 08:03:49 PM
 #1072

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Yes it do really has. Saving your bitcoin for a long period of time can do really have benefits because bitcoin is a fast growing cryptocurrency which is widely established, generated and operated online. Along with technology rise, bitcoin usage also rises because the improvement within the access through internet is fast phase that many people can already access it and widely know it because online media can be also a way of spreading bitcoin factual information. As people continuously know bitcoin, massive number of users are engaging into bitcoin cryptocurrency from day to day basis leading for bitcoin to get high on demands that let it grow its price because mang potential investors are investing on it making bitcoin price rate higher compared to the recent price rate. So as time passes by, the initial holding you have can grow into a larger one because bitcoin price rate rises and it is a good indication that saving is really beneficial in the case of bitcoin for long time holdings.

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August 31, 2017, 11:01:59 PM
 #1073

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Ofcourse we dont know whats happening in future so if you have a problem especially in financial aspect. It is good for you because you have something to cash out when you in the time of that crisis so that you can sustain you needs. Or also just in case of emergency.


These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

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August 31, 2017, 11:06:00 PM
 #1074

It really depends on you if you wanna save it for a long time since if you are already making an profit then you we're getting profit from bitcoin you're just holding them because you believe that bitcoin price will increase, But we do not know what will happens next so better to secure profit and convert you bitcoin into fiat and save them into bank for future purposes.
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August 31, 2017, 11:27:42 PM
 #1075

It really depends on you if you wanna save it for a long time since if you are already making an profit then you we're getting profit from bitcoin you're just holding them because you believe that bitcoin price will increase, But we do not know what will happens next so better to secure profit and convert you bitcoin into fiat and save them into bank for future purposes.
When you invest do not put all your money in bitcoin, you save it for long term and it's good if you investment are
really dedicated for that purpose. When you earn you cash out but always have a safety net so anytime the market is down
or if it might collapse you can still live with the money that you save.
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August 31, 2017, 11:45:09 PM
 #1076

they are smart to look for opportunities, storing bitcoin in a long time will make them profit much larger than before. if they buy the current auto bitcoins if there is such a rapid rise in the coming year they will become millionaires. so this is a very great thought only the big-minded person dare to take this decision.
Precisely! Bitcoin is  no longer an investment for opportunists only, any body can freely invest in this cryptocurrency and enjoy profits from one of the few fastest growing industries of todays technology, and the beauty about bitcoin today is you do not have to wait for several years for your investment to payback or flip it into a quick profit.




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drachman
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September 01, 2017, 12:24:22 AM
 #1077

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

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These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

It is true that holding coins was proven and tested that in the end it will give us a big reward, if we will become patience only. Especially into bitcoin, the expectation of the community in it was too high about the prediction by next year in the value of bitcoin.
I think the expectations for bitcoin are very high but at the same time bitcoin keeps defying our expectations I doubt many people in the forum predicted that we will have a price like the one we have now.

Altero
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September 01, 2017, 02:19:46 AM
 #1078

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

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Many people store bitcoins in their wallet due to the fact that bitcoin price is going higher and higher as time goes along. All of us or many of us believe this that we can be a millionaire if we store even just 1 bitcoin in our wallet. This is my dream that I could have at least 1 bitcoin in my wallet. Bitcoin can change our lives and many people wanted it.
Nothing to be afraid of saving bitcpin for a long time because you can probably benefit this in the future. Saving could be the way for future purposes and most of us doing this. We can't exactly predict what happen to bitcoin world in the future, but it is positively good and if bitcoin still goes up and your holding a lot of BTC  you gonna be a millionaire someday.
mistanama
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September 01, 2017, 06:57:22 AM
 #1079

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

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They store their bitcoin in their wallet when they predicted that it has a big chance to increase the price of bitcoins. In this way, they will earn and have profit in bitcoin they hold. As long as the bitcoin price gets higher, the more your money profitable.
fasdorcas
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September 01, 2017, 07:35:08 AM
 #1080

they are smart to look for opportunities, storing bitcoin in a long time will make them profit much larger than before. if they buy the current auto bitcoins if there is such a rapid rise in the coming year they will become millionaires. so this is a very great thought only the big-minded person dare to take this decision.
Looking at the past years, the way Bitcoin market value has increased and is increasing, there is hardly any chance that it will disappoint its investors. Even if they keep Bitcoin for a long term. Keeping it for a longer term will mean more money.
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