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Author Topic: bitcoin benefit of saving for a long time?  (Read 81779 times)
Strught85
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October 31, 2017, 08:48:59 AM
 #1601

I do not see any point in preserving it for a truly lengthy time as I will promote them on the spot when its enabling me to make great revenue from it as in no way selling coins can be also dangerous in scenario if cost crashes in coming days so its far better to sell them at a appropriate time.
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October 31, 2017, 08:51:07 AM
 #1602

The once storing btc for longer term/time get more profit as the price is going high so it's a good long term investment. The longer you hold the higher will be your benefits.

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October 31, 2017, 08:53:37 AM
 #1603

I do not see any point in preserving it for a truly lengthy time as I will promote them on the spot when its enabling me to make great revenue from it as in no way selling coins can be also dangerous in scenario if cost crashes in coming days so its far better to sell them at a appropriate time.

You should see how the history of bitcoin price until it reaches the highest price. a few years ago many people regret having sold bitcoin at very cheap prices.
We can learn from that experience, that in fact, bitcoin is very profitable when saving in a long time. bitcoin has a great potential in the future at a price that will continue to increase from the current price.

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October 31, 2017, 09:13:30 AM
 #1604

Yes people who have saved from the start now have a 2000% profit and that is what we all want even if people bought it at the price of 3.2k they still have 200% profit now profit is profit you just need to be sure you don't make loss.
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October 31, 2017, 09:26:03 AM
 #1605

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

Come share your thoughts


It will benefit you bigtime if you have stored your bitcoin for a long time, say for example if you have stored some bitcoins  last year and have a thought of looking at it only by this time, then you'll be surprise on how much it profits. As of now bitcoin value has already raised to $5000+ and that is no joke if you have stored a bitcoin for a long time and also we can say that this is the year for bitcoin.

The reason why bitcoin is keep on increasing its price is because of the demand and the supply is few. Everyone is holding their coins because they are all waiting for the highest value to come up.
I agree with you and a lot people or mining too everyone wants to keep it because everyone knows it is going to rise so everyone is holding and not selling because they want more profit.
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October 31, 2017, 09:27:13 AM
 #1606

Yes saving bitcoin for a long term is so beneficial..that,s why people keep on saving bitcoins believing that it will give a big profit in the future Kiss Smiley
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October 31, 2017, 10:00:28 AM
 #1607

Yes saving bitcoin for a long term is so beneficial..that,s why people keep on saving bitcoins believing that it will give a big profit in the future Kiss Smiley

Thats true saving bitcoin for long term can give you good profit because of its volatility. Many are convince that if you invest in btc your money will grow and its actually proven by users who invest in the early stage of btc.

Indeed it has a potential to be a big thing in the future so investing in btc is really worth it however we must not forget that it has also risk so invest only the amount you can afford to say goodbye.

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October 31, 2017, 10:13:24 AM
 #1608

The benefit that i now that is coming from saving bitcoin for long time is the chance to get the benefits of the pumping market because if you saved a lot of bitcoin then you will get a lot of profit also because when the market pumps then it is automatic that you will make a lot of profit and that is why it is good for saving bitcoin for a long time.



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October 31, 2017, 11:36:47 AM
 #1609

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

Come share your thoughts


When you look at prices of bitcoin in the past, it is rising in a year rapidly. Therefore you may think bitcoin as an investment and it has many benefits in a long time period. You don't have to do anything such as hold or sell. Bitcoin is now 6200 dollar and it still continues increasing by 80 percent changes. In 2018 bitcoin will be 10000 dollars. I don't know anyother investment that increase value in a few months. This is one of bitcoin benefit. Also it has many.

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October 31, 2017, 12:36:33 PM
 #1610

Yes saving bitcoin for a long term is so beneficial..that,s why people keep on saving bitcoins believing that it will give a big profit in the future Kiss Smiley

I can not wait to wait and prefer to sell when I think get profit more than 15%, if less than 15% then I will hold, and usually after the price reaches the highest position the price will drop and I will buy.

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October 31, 2017, 12:49:00 PM
 #1611

Even though you already have the money to buy things, you shouldn't. Why? Because most of the things we buy for ourselves aren't really necessary. You are alive right now, that means you are okay. Before you buy something, think if it will really help you with your day-to-day life. Bitcoin is not like fiat money which value is going down through time because of inflation. Bitcoin is the opposite of that. Bitcoin's value goes up and sometimes its growth is a lot more than what you would expect. No one expected the price of bitcoin to be this high. Maybe there is, but no one assumed that bitcoin will reach it this quickly. Just imagine what the future of bitcoin brings.

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October 31, 2017, 12:57:16 PM
 #1612

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

Come share your thoughts

Those people believe that the value of what they bought would increase in the future that is why they are storing it or holding it for a long period of time,
As you could see the value of bitcoin keeps on increasing over the past few years and I think it is one of the reason why they want to store it.

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October 31, 2017, 01:12:26 PM
 #1613

I myself believe very strongly that bitcoin for sure give very big return as its rate is increasing progressively so if I have bitcoin for sure I will hold for long time to get more benefit from bitcoin. The prediction only not going to help in getting benefit form most of the things but bitcoin is having a track record since inception till date the rate of bitcoin is quiet impressive and expecting the best in future so saving bitcoin for a long time will be more benefit for those invested in bitcoin.

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October 31, 2017, 01:18:46 PM
 #1614

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

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It looks like a good investment to save bitcoin, because it's price is continue rising, however, bitcoin has no solid legal support rule from governments, it has very high risk. 
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November 01, 2017, 04:37:54 AM
 #1615

Yes saving bitcoin for a long term is so beneficial..that,s why people keep on saving bitcoins believing that it will give a big profit in the future Kiss Smiley

I can not wait to wait and prefer to sell when I think get profit more than 15%, if less than 15% then I will hold, and usually after the price reaches the highest position the price will drop and I will buy.
You are also trading as your target, this type is not the trading style of day trader normal. Day trader are the trader do not have any fixed target, they trading follow the move of the market and their strategy also depend on the scenario of every cycle. It can creates positions for these traders and get profits easilier than traders have target clearly as you.

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November 01, 2017, 05:44:37 AM
 #1616

Holding is best investment way in bitcoin with low risk on it.  Holding bitcoin for several years can bring a big profit.
DPrillio
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November 01, 2017, 06:00:29 AM
 #1617

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

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It will benefit you bigtime if you have stored your bitcoin for a long time, say for example if you have stored some bitcoins  last year and have a thought of looking at it only by this time, then you'll be surprise on how much it profits. As of now bitcoin value has already raised to $5000+ and that is no joke if you have stored a bitcoin for a long time and also we can say that this is the year for bitcoin.

The reason why bitcoin is keep on increasing its price is because of the demand and the supply is few. Everyone is holding their coins because they are all waiting for the highest value to come up.
Yes that's right but in the last few years i have know many people that did not hold their bitcoin in their wallet because they did not anticipate that the value of bitcoin will hit its highest value ever in the history of bitcoin. I have my friend of mine that he speak with full of regrets that if only he hold his 11 BTC then he added say that he is a millionaire now here in the Philippines. So that is it, that is the benefits of holding bitcoin that is the preparation of reaching again its highest value to trade in.

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November 01, 2017, 06:17:38 AM
 #1618

Holding is best investment way in bitcoin with low risk on it.  Holding bitcoin for several years can bring a big profit.
Holding your bitcoin is good, it's like invest your money into bitcoin but you need to aware that the price of bitcoin is not always go up, the bitcoin price can also going down. So you must know when to withdrawal all your bitcoins before the price going down.

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November 01, 2017, 12:25:18 PM
 #1619

Holding is best investment way in bitcoin with low risk on it.  Holding bitcoin for several years can bring a big profit.
Holding your bitcoin is good, it's like invest your money into bitcoin but you need to aware that the price of bitcoin is not always go up, the bitcoin price can also going down. So you must know when to withdrawal all your bitcoins before the price going down.
Of course there is a risk and you have to accept whatever the result will be, if you believe bitcoin will be a success
and you see the price dump you need to continue trusting bicoin and just hold because it's going to be a roller coaster ride, you will only win when
you keep holding until you sell it for a profit.




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November 01, 2017, 12:46:28 PM
 #1620

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

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If your question is, why are there many people who are holding their bitcoin?, the answer is, because bitcoins price is steadily going on an up trend, meaning, it continues to increase its price. Now, holding your bitcoin will give you a big sum of profit, since we knownthat its price just continues to increase.

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