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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
DarkIT
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November 20, 2017, 06:03:45 PM
 #1801

the profit currently targeted by bitcoin users is, the bitcoin price increase. so, once you keep the bitcoin in a very high amount, it can make you make a lot of money. many people have said that storing bitcoin for a long time will make you have great benefits in the future.


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kyanscadiel
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November 21, 2017, 01:14:56 AM
 #1802

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

Come share your thoughts

they store bitcoin on their wallet to sell it when it reaches the higher value. And the benefits of doing that is  to earn double or maybe triple the value of their bitcoin. And I think it is the safest way to earn bitcoin than invest in trading.

ricardobs
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November 21, 2017, 06:54:56 AM
 #1803

I do not think we can get a huge profit in just over 3 years, compared with a mutual fund that takes at least 10 years to get 200% profit or gold that takes more than 25 years to get 100% profit.
WEll, I believe that investing your money in Ethereum will give you a better amount of money here. Bitcoin can not easily increase 100% anymore. But ethereum can easily x3 of its own price. Look at the current price and you can see the potential inside Ethereum. Moreover, bitcoin is soon becoming a form of investment and it will have no use in the future but to become a online property

Bitcoin is already an investment for majority of people and now they are not willing to use it as a currency which they were spending in the past and now the main intention of people is to save their bitcoins for a long term to make huge profits from it but the fact is that if you want to make best profits from bitcoins then you need to hold it for a very long term and on the other hand ethereum can give you best profits in quick time.
You are wrong, I do not think Ethereum can gives you good profits than Bitcoin in past days.
The price of Bitcoin has increased again from $5,500 to $7,000 within one week.
While Ethereum just keeps its value around $300. Wink


People who hold bitcoin for a longer time let's say for example those who saved bitcoin since 2015 are now enjoying its benefits because since then the price has jumped off more than triple of its price before. it is better to save bitcoin for now because in the coming days it will surely increase and the price will surely satisfy your financial needs.
Bitcoin benefit of saving for a long time is nothing else than you will earn profits. I have seen a lot of people save their Bitcoin even at the worst time but at the end they will always make profits, which is the reason I started saving my Bitcoins as much as I could.

But sometimes, when I notice price will run down to a lower rate, I will withdraw the one on my wallet and wait for the fall, at which I will then invest the whole money back again. It really pays off and is quite the best and easy way to earn from bitcoin.
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November 21, 2017, 07:28:35 AM
 #1804

Yes saving in bitcoin for a long period of time can give benefits because the price has gotten really high, it will bring us a lot of money and can give us a higher profit.
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November 21, 2017, 08:12:15 AM
 #1805

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

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saving bitcoin for a long time is beneficial but the benefits will be obtained in a long time as well, I prefer to use some for trading because in trading will benefit quickly
MinMan
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November 21, 2017, 01:21:51 PM
 #1806

Bitcoin holding profitable. bitcoin price increase rapidly day by day no other investment place give profit like bitcoin. hold for 2-3 years it will be double
and get huge profit.



Actually bitcoin prices are going higher and higher and it will not stop even it will cross $100000. Bitcoin is amazingly progressing and making the world an economical global world. I must say all those who are on hold, they are lucky. They are lucky because they have bought bitcoin at such cheap prices and now just by holding they are making the money without doing anything.
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November 21, 2017, 01:24:29 PM
 #1807

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

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I think the bitcoin price will continue to rise. So that is the reason most people are investing some of their money in bitcoin wallet. So are you also interested?
dulce dd121990
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November 21, 2017, 01:27:51 PM
 #1808

SAving bitcoin in a wallet is a way of holding coins for the big opportunity of great earning. Bitcoin today is always increasing..that is why people waits for the right time to sell all their bitcoin at a high prices and that will happen probably in the future!

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November 21, 2017, 01:35:49 PM
 #1809

Bitcoin has a benefit of saving for a long time because bitcoin value keeps on increasing so the bigger you save on bitcoin, the bigger the value and benefit you can get. You can really get rich if you save longer, you can use this benefit as an advantage.
kupido14
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November 21, 2017, 02:39:28 PM
 #1810

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

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As time past by we know that bitcoin's value decreases and increases in no time. i think the effect of the changing value sets on the mind of those people who still hold and will hold bitcoins in the future because you can still get profit or money in just holding some bitcoin in your wallet.

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November 21, 2017, 03:26:10 PM
 #1811

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 are risking the value of their bitcoin. They have the guts that its value will increase in the long run so that they can gain profit.
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November 21, 2017, 04:00:35 PM
 #1812

Definitely bitcoin can save more money if this stay in the wallet for a longer time. Just like with other investments, the value will continuosly improve if this is being used by the people. Value circulate in the market and it does give more benefit for those who invest and keep it long term.

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November 21, 2017, 05:35:19 PM
 #1813

Bitcoin currency has started its journey with a value of $0 now it has reached $8000. Those who have considered bitcoins as an asset rather than a currency are really wise ones. People who have purchased out of queeriosity are earning a lot. Same with those who are regularly buying bitcoins since its introduction are getting returns beyond their expectations. Even today it is not late, we can buy and save some bitcoins. Expects by studying bitcoins charts calming that it will going to touch $20000 by the end of 2018.Even after regulations from many countries it still have potentials to rise a lot.

   

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November 21, 2017, 06:08:12 PM
 #1814

Bitcoin is being used as a long term investment as it is likely its value will keep increasing in the near future. However it is likely it will get replaced by another type of cryptocurrency in the future. Remember the Blackberry?
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November 21, 2017, 07:15:15 PM
 #1815

Definitely bitcoin can save more money if this stay in the wallet for a longer time. Just like with other investments, the value will continuosly improve if this is being used by the people. Value circulate in the market and it does give more benefit for those who invest and keep it long term.
It does not like an investment, it is an investment. People are buying bitcoin in order to raise their money more and more. They believe in bitcoin and bitcoin is having the biggest market cap ever. Bitcoin makes people crazy even though most of them do not understand what bitcoin is and what bitcoin is capable of.


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November 21, 2017, 07:39:37 PM
 #1816

Yes agree, bitcoin prices continue to rise and make us tempted to immediately exchange to fiat, but the fact for several years the price continues to rise so it will be very profitable if we saving for a long time.
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November 21, 2017, 08:06:02 PM
 #1817

This would be a good gauge on how patient you are with your investment. Are you going to sell if you see that the price is going back below, say $800? Or are you going to continue holding and wait for the price to recover? But if you look at it in the medium term, in the last few years, bitcoin has been worth holding because of how it has increased in price massively. Just ask those who have been holding since the price was still at $200 and they would be so happy to tell you that good things come to those who wait.
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November 21, 2017, 08:27:58 PM
 #1818

The benefit of saving bitcoin for a longer time is that we will get more profits.As the price keeps on rising so saving it for a longer time will automatically increase the amount of profits that we will earn.

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November 21, 2017, 08:59:56 PM
 #1819

There is a great benefit if you store bitcoins! Imagine the price before is already big, and if you saved bitcoins that time, you have made bigger bitcoins by now because bitcoin's price today is much bigger than before. Maybe know, you cannot see the effect of storing bitcoins but after weeks or months, you will see the good difference.
Patience is the only key to be successful because bitcoin is already unstoppable, it's going in an uptrend way although there is a possible that it will dump.
Put your trust on bitcoin when you invest and be optimistic that this will become the most popular payment method online in the future.
To trust in bitcoin is also very important, at some point the price of bitcoin will go down and it is at those moments that those that truly believe in bitcoin and those that are only in it for the money are going to take different actions, those that are in for the money are going to sell as soon as possible and lose money in the process while these that hold will one day be able to enjoy another pump at a later date.
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November 21, 2017, 09:07:48 PM
 #1820

The main thing is not to keep it till death. The heirs will say thank you, but ...

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