fedora8
Newbie
 Offline
Activity: 38
Merit: 0
|
 |
October 10, 2017, 02:52:05 AM |
|
If you appear at the historic performance of bitcoin, even the very last number of years, we have observed how obviously it has been able to outperform most other investments out there. If that is not good enough reason to hold bitcoin for a prolonged time, then I really do not know what is. As with any other kind of expenditure, there will be volatility and dangers involved but as long as the price keeps its lengthy time period growth intact, I will keep a part of my bitcoin stored.
|
|
|
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
Botnake
|
|
October 10, 2017, 05:16:05 AM |
|
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 are storing bitcoin for a long time is because they believes that the value of bitcoin will increase. In 2014 the price of bitcoin was cheap and if you started storing bitcoin on that time until now you will have a huge profit. That's definitely the reason, I am one of the believers so I am stocking bitcoin for my future, I have a dream that bitcoin will help me to achieve it. Bitcoin is very promising and although it's risky to hold this but looking at the bright side will make you risk money to gain financial success in the future. |
|
|
|
|
Senja Kemuning
|
|
October 10, 2017, 06:22:09 AM |
|
Yes agree, bitcoin profit will be felt if we keep for a long time or at least a year, so we can get profit at least 100%. I will also do so, which keeps bitcoin for a long time.
|
|
|
|
|
Lubang Bawah
|
|
October 10, 2017, 08:09:36 AM |
|
Most of us will sell bitcoin when we get profit, for example is like now, the price reaches $ 4800 and this is the highest price record after a drop, I recommend to hold bitcoin because we will get a higher price, maybe next week will raise at least $5000.
|
|
████▄██████████▄
███▄████████████
▄███▀
████
████
████
▀███▄
███▀████████████
████▀██████████▀ |
▄██████████▄
████████████
███████████▀███▄
████████████████
████████████████
████████████████
▀███▄███████████
████████████████
████▀██████████▀ |
▄██▄█████████▄██▄
▀████▄█████▄████▀
▀████▄█▄████▀
███████████
▄████▀█████▀████▄
█████████████████
█████████████████
█████████████████
▀███████████████▀
|
▄███████████████▄
█████████████████
████▀███▀██████▀
███████▄█████▀
████▄▄██████████▄
█▀▀██████▀███████
█▄██████▄███▄████
█████▀███████████
▀██▀███▀████████▀ |
████▄███████████
████████████████
▄███▀███████████
████████████████
████████████████
████████████████
███████████▄███▀
████████████
▀██████████▀ | | | | ████████
██
██
██
██
██
██
██
██ | |
██
██
██
██
██
██
██
██
████████
| | | .
[
[
[ | | .
]
]
] | | | | .
Listed
on
| | BINANCE
KUCOIN
Gate.io | | |
|
|
|
|
lordquanta
|
|
October 10, 2017, 08:52:03 AM |
|
The most logical thing to do is to save/hodl it for a long time since bitcoin is deflationary and will increase in price in due time but it is probably a case by case situation. Say, a person might cash out his coins if he really needed the money or spend it on gambling sites or just needed the money to start another business.
This is acceptable if person really needs that money and investment in bitcoin is last resort. Apart from that it is beneficial to arrange the money by some other means. HODLing bitcoin for long run is the best way to rip the great rewards. It is important for users not to panic when situation is not looking good. The bitcoin has distinct feature which makes it more attractive compared to other alt currencies. People with knack for trading should play with 10 percent or 5 percent of their bitcoin cache. This way they may make some profit and keep on increasing bitcoins in their cache. |
|
|
|
|
|
Simss
|
|
October 10, 2017, 10:58:42 AM |
|
the right reason to do hold is because we believe if we keep it for a long time in the wallet then over time the coin we hold will increase in price and make us get a lot of profit, but not all coin we hold will give us profit.
|
|
|
|
|
|
francesyrus
|
|
October 11, 2017, 05:17:21 AM |
|
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Some bitcoiners just store their bitcoin for long time in their wallet because they are all waiting for a big pump so that they will be profiting on their investment. For example let say they invested 10 BTC last January, 2017 which the price is around $1000 per BTC and they keep it if they will sell or convert it to local fiat today at $4700, they have already have $3700 profit per BTC thats why they only save it. |
|
|
|
|
Activitycoin
|
|
October 11, 2017, 07:30:31 AM |
|
The most logical thing to do is to save/hodl it for a long time since bitcoin is deflationary and will increase in price in due time but it is probably a case by case situation. Say, a person might cash out his coins if he really needed the money or spend it on gambling sites or just needed the money to start another business.
Yes I agree with you no need to hold it for a long time because bitcoin change his in a week so we need to keep our eyes on market and when we come to know that the price is high then we need to sell I am also doing the same thing I keep coins with myself and then waiting for right time when it comes to high price then I sell it out and it really help me. |
|
|
|
|
|
andylowe
|
|
October 11, 2017, 09:29:27 AM |
|
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
This is all because bitcoin's price is rising. So they hold bitcoin to gain profit from it. Based on history, bitcoin's price way back 2009 was only equal to 1 pizza. So see the benefit of it? If only I had time machine l, I am now a millionaire! Years form now, bitcoin's price will continue to grow because due to technology bitcoin will be known worldwide and that will make its demand to be very high and so is the price. Law of Supply and demand will always be the golden rule. |
|
|
|
|
|
Gozie51
|
|
October 11, 2017, 09:44:46 AM |
|
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
This is all because bitcoin's price is rising. So they hold bitcoin to gain profit from it. Based on history, bitcoin's price way back 2009 was only equal to 1 pizza. So see the benefit of it? If only I had time machine l, I am now a millionaire! Years form now, bitcoin's price will continue to grow because due to technology bitcoin will be known worldwide and that will make its demand to be very high and so is the price. Law of Supply and demand will always be the golden rule. To even confirm the futuristic increase, more financial houses and government departments are discussing bitcoin in their jurisdictions and advising the adoption of bitcoin. I mean, this is an assurance that bitcoin would make an "imprint in the sand of time ". Investing in bitcoin or holding will benefit anyone who catches this insight. It is never too late, we are just commencing. I would have had so many extras BTC now though  |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
rocketbits
|
|
October 11, 2017, 11:28:04 AM |
|
I think if we save Bitcoin for a long time there is a chance of its fluctuated nature. So if we invest bitcoin instead of saving this will good. If we are risk taking personality we should save it for a long time in wallets. There are so many reasons to save it for a long time if we have huge amount of bitcoin and its price goes up there is a chances of growth in profits.
There are lot of advantages and benefits of bitcoin in the long term. The most attractive one is the high margin of profit because if I hold my bitcoin in blockchain wallet and wait for long time then the price will be very high and I will earn a huge amount of money, due to which I can buy all the necessities and luxuries of life, and I will do it because I am waiting for a high rebate of bitcoin in the future. |
|
|
|
|
|
Charisse1229
|
|
October 11, 2017, 11:35:07 AM |
|
You can start the cycle again by buying low and holding it for a bit then if there is another price run or price rise then sell it again bitcoin's price will continue to grow because due to technology bitcoin will be known worldwide and that will make its demand to be very high
|
|
|
|
|
|
Raja_Salman
|
|
October 11, 2017, 11:40:37 AM |
|
yes I agree bitcoin is our savings in the long run. now bitcoin has become an investment for some people. but I also suggest to also invest other than bitcoin because a lot of coins are also very potential
|
|
|
|
|
|
aeternus
|
|
October 11, 2017, 06:33:38 PM |
|
1. Richer
2. Richer
3. Richer
If youd save bitcoin in a long time or long term the current rate will be ofcourse increased so much if you started about 4 or 5 years ago the rate was so low unlike now if youd save it until now no doubt about it youll get rich all of a sudden
The good thing is that you can replicate that success with another coin, if you look a round for a project that is good, that has great developers and that has a new concept that may work and if you buy into the project and hold for 4 or 5 years then you can replicate that success and make a lot of money that way. |
|
|
|
|
|
daserpent
|
|
October 11, 2017, 06:39:50 PM |
|
It increaes the value of bitcoin over the longterm.
Because bitcoins are limited in supply - only 21 million will be produced.
So if a lot of people DONT sell their bitcoins, there is less supply.
As a result, there is a constant increase in value of bitcoins.
|
|
|
|
|
kodtycoon
Legendary
Offline
Activity: 1568
Merit: 1002
|
|
October 12, 2017, 03:42:21 AM
Last edit: October 13, 2017, 07:20:32 AM by kodtycoon |
|
it is because they think the store bitcoin in a long time was a promising investment judging from bitcoin prices that every year has increased significantly
in my opinion bitcoin will always increased or at least stable, many people take advantage of this situation because it is so extraordinary. investing is a good way for the future, but if we need to have it wrong to trade it at the right time, or just some of it in the store.bitcoin is very good for the present or in the future, in the economy. |
|
|
|
|
yojodojo21
|
|
October 12, 2017, 04:18:03 AM |
|
Bitcoin is Volatile, So if you invest bitcoin For A long Time Then You will be called Millionare,
All bitcoiners Know What Bitcoin Can Do. And We Are All Expecting to it's price.
From An employee into An Employer, This What bitcoin can do.
|
|
|
|
|
|
d1ceplayer
|
|
October 12, 2017, 01:03:42 PM |
|
The most logical thing to do is to save/hodl it for a long time since bitcoin is deflationary and will increase in price in due time but it is probably a case by case situation. Say, a person might cash out his coins if he really needed the money or spend it on gambling sites or just needed the money to start another business.
Yes I agree with you no need to hold it for a long time because bitcoin change his in a week so we need to keep our eyes on market and when we come to know that the price is high then we need to sell I am also doing the same thing I keep coins with myself and then waiting for right time when it comes to high price then I sell it out and it really help me. I have a total dfferent opinion in this matter. I don't deny that the price keeps on fluctuating within small intervals but the point is if a person would hold on for long, the value would be much more than the one he bought it for and in between those years, there would be downfalls for sure. The smartest way to become rich by bitcoin is holding on it for a very good duration. |
|
|
|
|
|
KalaiBTC
|
|
October 12, 2017, 07:09:18 PM |
|
Yes agree, bitcoin profit will be felt if we keep for a long time or at least a year, so we can get profit at least 100%. I will also do so, which keeps bitcoin for a long time.
All the experts who are very well educated in the world of bitcoin says that bitcoin is best coin for the one who is planning for long term investment. I believe there is no other better way of making a very good amount of profit if you are dealing with bitcoin than holding it for a long time. Market price of bitcoin will definitely increase with each passing day, thus adding more money in your account. |
|
|
|
|
|
ssuchy
|
|
October 12, 2017, 07:34:28 PM |
|
Yes agree, bitcoin profit will be felt if we keep for a long time or at least a year, so we can get profit at least 100%. I will also do so, which keeps bitcoin for a long time.
All the experts who are very well educated in the world of bitcoin says that bitcoin is best coin for the one who is planning for long term investment. I believe there is no other better way of making a very good amount of profit if you are dealing with bitcoin than holding it for a long time. Market price of bitcoin will definitely increase with each passing day, thus adding more money in your account. I think that wonderful words about the fact that Bitcoin needs to be saved. Of course, we need to add that this is a good period for investments, given that the forecasts of Bitcoin's growth can reach as much as $ 100,000. But even if this is not so, then Bitcoin is the currency in which it very much wants to save its revenues. |
|
|
|
|
|
