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Author Topic: bitcoin benefit of saving for a long time?  (Read 81791 times)
RaymanC.
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November 29, 2017, 03:46:48 AM
 #1881

Saving might be a boring way to keep your money safe and alive for a long time specially when you are just saving it into a coin bank or holding it into your customized storage of money. But in bitcoin, saving and holding is the simplest yet the most effective way to keep your money growing because from your initial earning, you can still gain profit because bitcoin's price is volatile enabling us to gain an income. Also saving has a great benefit just like using what you have save for future purposes.
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November 29, 2017, 11:40:43 PM
 #1882

When the price of bitcoin is increasing rapidly that is the benefit you can get for saving your bitcoin for a long time. As time goes by and bitcoin price increases then the more you earn a lot when you exchange your bitcoin to real money. Although we know that not all the time bitcoin price is high it is fluctuating and not that stable.
If you are saving for a long period of time you can expect you will be more profitable if you continue being patient.
The price will pump as we have witness most of the time but it can also drop like hell, so it's your patience that is necessary for you to be able not to go panic.




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November 30, 2017, 12:41:24 PM
 #1883

Many consider bitcoin as retirement fund, me as well. Trying to collect the amount that i think will be good for me.
However this is also good think for some saving in long run but lately is good for short run as well. We saw that price of bitcoin rapidly go up and this is good for those who waited this moment and for those who invested some amount a month or two ago, they made quite profit.

So from some perspective depend what is good for you at the moment.




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November 30, 2017, 12:46:31 PM
 #1884

It is true that most of the people are storing their wallet to the bitcoin because they know that they can get many benefits by holding it. The price of the bitcoin is continuing to rise up and we can become rich person in the future if we hold many bitcoins today.

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zhopas
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November 30, 2017, 12:54:38 PM
 #1885

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 there has also a benefit that can get when you save your bitcoin in a long time. each day bitcoin value keep on increasing that is why maybe the reason why your bitcoin in your wallet keeps on increasing too,. If you save our bitcoin in your wallet it may your bitcoin be doubled.
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December 01, 2017, 03:07:15 AM
 #1886

Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.
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December 01, 2017, 03:49:51 AM
 #1887

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 stored their bitcoins in their wallet
because they know the nature of having bitcoin as an investments,they wanted to double or triple the profit as times goes by,thus everyone knows its price is volatile but every investors take risk in their money.Holding bitcoin is like a gamble but the advantage is it has a  great potential that it is more profitable through time and it is more beneficial if it is widely known around the globe.. even if there were downfall most important is it can recover in a small period of time.
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December 01, 2017, 04:03:16 AM
 #1888

Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.

I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder

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December 01, 2017, 04:15:34 AM
 #1889

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

Come share your thoughts

Proper bitcoin can help us save money for a long time, but what it can bring to the other is profit.
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December 01, 2017, 04:58:44 AM
 #1890

Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.

I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder

Yes if your plan is to hold bitcoins for next 4 to 5 years then you can buy it even now as in next 5 years the price of bitcoins will be really high but to hold that long you should have patience and should not disappointed even if you see downfall in the price but if you are looking for quick profits then this is not the right time to buy bitcoins.

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December 01, 2017, 05:10:30 AM
 #1891

I think that there is no unambiguous answer...you need to look at the calculations and news...it will be better for me to save it for a long time, because I believe in its power...
I can say that there is a definite answer on this, when we are saving bitcoin for a long time we are all benefiting on it. Look those people that believed to bitcoin and did hold for a longer time, they are now good for holding and are enjoying the profit they've made in bitcoin. And that's why bitcoin saving for a long time will give benefit.

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December 01, 2017, 05:13:21 AM
 #1892

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

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long-term benefits of bitcoin as an investment as bitcoin prices increase over time making it a promising investment. so many people keep their bitcoins for a long time. Imagine if you have 1 bitcoin for $ 8,000 and then next month the price of 1 bitcoin up 15% or about $ 9,700 then the price difference is your profit in bitcoin investment.
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December 01, 2017, 05:17:48 AM
 #1893

More people hold their bitcoin to his/her wallet to earn more profit. That's a good idea than holding in the bank for tha long term. Bitcoin has a volatile value and you can't predict when it pump or dump. Holding your bitcoin in your wallet have many benefit, but one reason why we want to hold is we want good profit.
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December 01, 2017, 05:23:55 AM
 #1894

Because every time you seel, the next day you will probably regret. It is hard. It is like an addiction. We all need more, every day. And we need to check the price every minute. I think people are crazy about this.
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December 01, 2017, 11:19:01 AM
 #1895

this is true, bitcoin will not get any disturbance, including taxes.
so bitcoin is one way to save and will be safe for a long time. maybe this is one of the right solutions for people who are not trusted with bank or regular curency
There is no doubt in the fact that those who held bitcoin for long time are now rich and living a luxurious life. Bitcoin is soon going to rock the world by becoming the most expensive asset of the world. At present, many people are using bitcoin as the most trustworthy long term investment. Even many investors have switched from gold and real estate to bitcoin for making money in large amount.

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Dodoymabs
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December 01, 2017, 11:42:33 AM
 #1896

Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.

I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder
Whatever the price of bitcoin if you willing to invest better to buy as early as you can. Bitcoin already proven its power to rise as high as it can so never doubt to save it for longer term. You will probably never regret your decision if you save now and hold it for 4 to 5 years.
Aryanto28
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December 01, 2017, 11:56:06 AM
 #1897

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

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perhaps they intend to save it for the future for fear of investing and do not want to trade so they intend to keep it alone. Maybe in the future bitcoin prices will rise from now on. but I think the current price is good enough to sell bitcoin not just to keep it in the wallet only. because the worried the bitcoin price will come down and there is no stable word in the crypto if there is a chance as good as his use as well as his.
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December 01, 2017, 12:00:56 PM
 #1898

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

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Storing bitcoin in their wallet has a big benifits because time by time bitcoin can increase its price so that you may become rich when you had already to sold and chang your bitcoin in to cash...Your money will double,tripple and quadropple to its currency price.

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putrisa
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December 01, 2017, 01:48:30 PM
 #1899

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 is a digital currency that has a very high price potential, it is very suitable for bitcoin investment and make bitcoin as a future savings, because the more you save in bitcoin the higher the profit you will get from the profit of bitcoin price increase.
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December 01, 2017, 02:09:23 PM
 #1900

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 myself also do this. I always make it a point to leave some bitcoin in my wallet. I believe that in the future, bitcoin's value will increase more, so it's really good to prepare for that day. You'll get surprised by the increase and grab that opportunity to become rich. Therefore, if you have no important expenses at all just leave the bitcoin in your wallet.

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