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Author Topic: bitcoin benefit of saving for a long time?  (Read 81779 times)
lili song
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September 10, 2017, 12:42:08 PM
 #1161

the benefits gained when bitcoin prices increase  Grin Grin
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September 10, 2017, 01:03:41 PM
 #1162

I think that's one of the reasons people keep bitcoins in the future. Since bitcoin is dominating the crytpo market and signs show that it will continue to rule the cryptocurrency for the next 5 years, holding bitcoin will give you a good amount of money after a long period because the price of bitcoin always goes up.
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September 10, 2017, 01:19:56 PM
 #1163

Look at the timeline of bitcoins price, there is a great jump in just a short period and this is still happening. We all witnessed how bitcoin built the reputation of digital currency, the growing use of bitcoins and altcoins affects the price and value of every digital currency and in bitcoin, there is a positive change, an increase in price which we all don't know when it will stop. Maybe until all people in the world is using bitcoin but it is very far from happening.

Yes it is true.  Its price grow rapidly.  It goes up like 700% since last year and I was really sad that Idid not save bitcoin.  I use bitcoin to finance my daily life but not thinking of saving for the future.  It is just this time that I was able to think about it after realizing that it can help me become rich if I will save some of it.
I have not heard of anything that can gain value at such a high speed as bitcoins do. Just, holding on bitcoins can return huge profits. It is because of this currency that many people are able to improve their life standards and save for their futures. For all those who didn't trust it, I can only show my sympathy.
Bitcoin is really great and it has brought huge profits for people who believe in it. Potential, strong, always know how to create a surprise, this is what I want to talk about Bitcoin, I have a lot of belief in the future, the price of bitcoin will reach a terrible number that we have never seen, and we will be the new millionaires when saving bitcoin in the long run. I see many people are selling their bitcoin, they just think of the immediate benefits and forget about the long term benefits of bitcoin, they will feel very regret in the future.

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iqlimasyadiqa
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September 10, 2017, 01:35:52 PM
 #1164

look at how bitcoin prices move, you can see graph of improvement over the past few years. if you notice the bitcoin price continues to increase, this is what we can use smartly. we can benefit from selling bitcoin that we have because we can get bitcoin at a cheaper price before.
Samueltalk
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September 10, 2017, 01:38:46 PM
 #1165

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

Come share your thoughts

Because if the bitcoin wallet is safer, And it will never be a person doing the theft ...
Sanugarid
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September 10, 2017, 01:41:46 PM
 #1166

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

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Obviously, they will earn huge profit by just holding it for a long period of time. The reason behind this is that, Bitcoin's market value increases from time to time, as well as the value that the holder will earn. Bitcoin's market value is dependent with its market demand, such that if the demand is high, its value will also be. And since its demand is continuously increasing, its market price will also too, and the profit will follow.

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September 10, 2017, 01:45:52 PM
 #1167

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

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Bitcoin's price is continuously increasing and what you're purpose here is to invest. As the value of bitcoin increases, the value you are holding will increase together with it. It would be really beneficial for those who are aiming to be rich with bitcoin because time is money here and the more you invest, the more chances you can have to earn bigger money. We all know that it is the sole purpose of most of the people here so just be patient.

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September 10, 2017, 01:51:32 PM
Merited by Baby Dragon (2)
 #1168

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

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The probabilty that you will get the chance to earn large amount of money depends directly proportional to the time you've become patient. The value of bitcoin changes from time to time and most of the time, it goes higher and higher so think of it as a smart and wise decision to hold up your bitcoin, you will surely get the chance to earn large amount of money if and only if you are patient enough to hold and wait till the price is high.

eann014
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September 10, 2017, 03:00:29 PM
 #1169

This is obvious, saving bitcoin for a long time is a very profitable long term investment. So if you can afford to buy bitcoin now as much as you can, then do it if you believe in bitcoin and I'm also sure bitcoin prices will continue to rise even higher.
It is not easy to buy bitcoin today because of its high value, maybe we can buy bitcoin but not exactly 1btc. Like me, I can't afford to buy 1 btc because I don't have that amount of money maybe i can buy, .005 btc then save if for long time. So it can gain profit as tge days pass.
Gumpfire
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September 10, 2017, 04:47:23 PM
 #1170

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

Come share your thoughts

The reason why people store their bitcoins in their wallets for a long time is because if the price of bitcoin increases, also their money will increase. That's why they assume that in the near future bitcoin will increase also their bitcoins too. But if in the future bitcoin's price decreases also their bitcoins will decrease too.


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September 10, 2017, 04:56:23 PM
 #1171

The only factor i know that benefits us in keeping bitcoin for extended time is the big profits that we can attainable earn in lengthy term keeping. There is nothing at all intrigued point about holding aside from income, we are employing bitcoin, we are holding bitcoin, we are buying bitcoins because we want revenue and we also want that in holding or preserving bitcoin for a extended time.
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September 10, 2017, 05:02:11 PM
 #1172

This is obvious, saving bitcoin for a long time is a very profitable long term investment. So if you can afford to buy bitcoin now as much as you can, then do it if you believe in bitcoin and I'm also sure bitcoin prices will continue to rise even higher.
It is not easy to buy bitcoin today because of its high value, maybe we can buy bitcoin but not exactly 1btc. Like me, I can't afford to buy 1 btc because I don't have that amount of money maybe i can buy, .005 btc then save if for long time. So it can gain profit as tge days pass.
You can buy whatever the amount of bitcoin you want. dont worry. Holding a small amount of bitcoin is still better than not. 0.005 bitcoin can x10 in the future. Therefore, be wise and bitcoin. And also, we need to be patient. Bitcoin can not increase its price in a day or a month. It needs years to develop and increase the price

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September 10, 2017, 05:17:34 PM
 #1173

This is obvious, saving bitcoin for a long time is a very profitable long term investment. So if you can afford to buy bitcoin now as much as you can, then do it if you believe in bitcoin and I'm also sure bitcoin prices will continue to rise even higher.
It is not easy to buy bitcoin today because of its high value, maybe we can buy bitcoin but not exactly 1btc. Like me, I can't afford to buy 1 btc because I don't have that amount of money maybe i can buy, .005 btc then save if for long time. So it can gain profit as tge days pass.
You can buy whatever the amount of bitcoin you want. dont worry. Holding a small amount of bitcoin is still better than not. 0.005 bitcoin can x10 in the future. Therefore, be wise and bitcoin. And also, we need to be patient. Bitcoin can not increase its price in a day or a month. It needs years to develop and increase the price
well, when viewed from the price statistics, bitcoin does have statistics that always go up in every year, and this year is the biggest increase. I'm sure, holding bitcoin for a long time will also make us earn big profits in the future. but, it takes great patience.

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DpremiumTrades
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September 10, 2017, 07:08:18 PM
 #1174

bitcoin is a for of investment that will grow over time. cheers brother !!
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September 10, 2017, 07:09:40 PM
 #1175

One reason is simply long term investment. It can be tough to hold and not want to sell for some (or all) profits and original capital allocation, but there are tons of investors doing this I'm sure. I have often commented on other threads and had conversations where I discuss that I don't think it would be a bad thing for bitcoin to be ''only an investment'' rather than an investment and full-time currency - though I am sure that there are arguments against this. But if bitcoin were to only be an investment and store of value, then that is a reason why you would see people holding.

And even as it gains more and more acceptance as a full-time currency, there is still incentive for people to hold as the value goes up. Spending later could allow for more buying power. Nothing in this post is meant to be investment advice.

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September 10, 2017, 09:08:23 PM
Last edit: September 13, 2017, 12:06:30 AM by bncbnc
 #1176

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

Come share your thoughts

Obviously, they will earn huge profit by just holding it for a long period of time. The reason behind this is that, Bitcoin's market value increases from time to time, as well as the value that the holder will earn. Bitcoin's market value is dependent with its market demand, such that if the demand is high, its value will also be. And since its demand is continuously increasing, its market price will also too, and the profit will follow.
to me i personally in favour of long term investment, bitcoin is in fact providing us opportunities to make good profit and hope that in long term bitcoin will continue providing benefit to us. in fact bitcoin is still becoming more stronger because of the adoption of the adoption of bitcoin by the people. who are really making bitcoin more stronger.

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September 10, 2017, 09:29:23 PM
 #1177

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

Come share your thoughts

Obviously, they will earn huge profit by just holding it for a long period of time. The reason behind this is that, Bitcoin's market value increases from time to time, as well as the value that the holder will earn. Bitcoin's market value is dependent with its market demand, such that if the demand is high, its value will also be. And since its demand is continuously increasing, its market price will also too, and the profit will follow.
to me i personally in favour of long term investment, bitcoin is in fact providing us opportunities to make good profit and hope that in long term bitcoin will continue providing benefit to us.

Bitcoin is always best as an long term investment and you cannot expect to make huge profits from it in short term and if you manage to save your bitcoins for next couple or years then it will give you very high profits on your investments so do not sell your coins now and save it for future to gain higher benefits from it.



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September 10, 2017, 11:24:05 PM
 #1178

my opinion, they do it as one of the strategies to meet the needs of the future. because by storing bitcoin in the wallet for a long time they are very confident that one day bitcoin prices will continue to rise then that's when they will sell their bitcoin so that profit for them will be more.
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September 10, 2017, 11:29:16 PM
 #1179

Not necessarily sell it, some are waiting for it to become the mainstream. BTC made huge strides in just a few years, but the future remains hard to predict.
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September 10, 2017, 11:39:18 PM
 #1180

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

Come share your thoughts


I am one those who are saving bitcoin in my wallet for a long time. Why ? Because first I still don't need money so why to cash it out ? Secondly, I will become my saving. Lastly the most important thing is that bitcoin increases its price and I am waiting for it for a chance to double or triple the amount of money I have.
It is just my one way of earning more money. Don't you realized it ? Yes maybe you are going to wait for months to or worst year but if it can make you rich, then I better wait, its almost there.

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