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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
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December 05, 2017, 02:57:08 PM
 #1941

for me to invest in bitcoin for a long time is not the best idea, because I don't trust it completely...to earn quickly - better...for a long time I prefer to invest in gold

- I do not think so, investment in gold can be said to be a very good and safe choice but profit is not so high, and we should remember our purpose when investing is we want to make money, we want to make a profit, so I still think investing in bitcoin is the best idea, it's better than gold. Especially when we talk about the profit that bitcoin can bring, it is huge, you should trust the bitcoin because many people believe in bitcoin and they have earned a worthy reward. Bitcoin is the trend of the future, saving bitcoin for a long time, profits will increase over time and your life will also become better than ever in the future, do not miss this opportunity, if not, you will regret

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December 05, 2017, 03:04:01 PM
 #1942

Im new to bitcoin so Ill base my opinion on what my friends are saying. Well according to my friends the reason why they store bitcoin longer is that bitcoin’s value gets higher through time and because of that you nees patience so that the hardwork you spent in canpaigns will be worth it.

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December 05, 2017, 03:31:09 PM
 #1943

this kind of saving is usually what i called long term investment. whether this coin prices goes up or down, they'll basically just see the development of its prices  Smiley
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December 05, 2017, 04:34:44 PM
 #1944

If you look at the historical performance of bitcoin, even the last few years, we have seen how clearly it has been able to outperform most other investments out there. If that is not good enough reason to hold bitcoin for a long time, then I don’t know what is. As with any other form of investment, there will be volatility and risks involved but as long as the price keeps its long term growth intact, I will keep a portion of my bitcoin stored.
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December 06, 2017, 04:07:51 AM
 #1945

I think saving bitcoin is a good idea and one of the best thing to get a higher profit and It is the most common and easy method of making big profits with bitcoin that is simply holding it for a long time. people save them because they could sell them at the highest price possible. a little risk by that person turns out to be the life-changing investment for him.



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December 06, 2017, 06:45:29 PM
 #1946

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

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You cannot totally conclude that saving bitcoin for a long time would benefit you because there are still some instances where as you wait for the price to rise, it falls more which ends up making you disappointed. I think saving for a very long time will only be applicable for those who are seeing that the value in the market is rising and there's no trouble occuring.
Of course we can conclude that, looking at the historical information about the price of bitcoin, that is the only logical conclusion we can arrive, if you held for a year your profits are great, and this is true if you held for 2 or 5 years as well, even those that bought at the top of the 2013 bubble if they still held they made a lot of money already, so even if a person bought today and the price crashed if that person held for 5 years there is a 99% chance that he earns a lot of money as well.
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December 06, 2017, 06:50:40 PM
 #1947

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 and it was very nice to this coins to earn more profit in the future. You can also start to earn more coins as long you invest on it because the value will keep on increasing as long as there are so much interest on it.
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December 06, 2017, 07:10:30 PM
 #1948

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.
Bitcoin give you cash, sparing them for quite a while yet I think contributing the bitcoins is preferable path over sparing of bitcoin. Sparing will produce just that sum which will bring up in the estimation of the bitcoin while speculation profit and the raised esteem is a surplus for you in venture. Speculation likewise create wage for you in future.
Putting all your money into banks and that too for years and years will not give you anything. If you really want to have something in life, then you have to take out that money from your account and should invest it in bitcoins. The best thing which you can have in your life by saving it for some long period of time is that you can get more and more money and that too with each passing moment without putting that much efforts.
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December 07, 2017, 06:09:49 AM
 #1949

Why do people hodling bitcoins for a long time by the way? it's because it they don't want to earn just an ordinary profit but a big time profit because keeping your bitcoins in your pocket means you are investing for your future.
Despite the fact that it’s being said that Bitcoin is highly volatile, people still believes in Bitcoin will keep going higher and higher without running down. I don’t know if I should say that’s really crazy or what. Well, I also hold, and I have made a huge profits ever since hitting $10 thousand for each of my BTC.

I see people discussing whether they want to withdraw or keep on investing. I’m thinking of withdrawing the profit I have made so far, at least to prove that I have achieved something.
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December 08, 2017, 08:26:51 AM
 #1950

Why do people hodling bitcoins for a long time by the way? it's because it they don't want to earn just an ordinary profit but a big time profit because keeping your bitcoins in your pocket means you are investing for your future.
Despite the fact that it’s being said that Bitcoin is highly volatile, people still believes in Bitcoin will keep going higher and higher without running down. I don’t know if I should say that’s really crazy or what. Well, I also hold, and I have made a huge profits ever since hitting $10 thousand for each of my BTC.

I see people discussing whether they want to withdraw or keep on investing. I’m thinking of withdrawing the profit I have made so far, at least to prove that I have achieved something.
Undoubtedly bitcoin is the best digital currency and it shows that we can earn big profits with bitcoin just by investing into it little amount and holding it for such a long time. I am very much surprised by this currency because it as an investment has changed lives of many investors.

Yes, There are some other altcoins which are going to have some good future because they are simply following the footsteps of bitcoin.
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December 08, 2017, 08:34:11 AM
 #1951

This topic is very relevant right now. As we all know, Bitcoin reached a remarkable rate of $15,000. Even reaching $17,000 in some countries. If you have stored your Bitcoin for the longest time, now may be the right time to finally cash out a part of your money because it has multiplied in value significantly. The situation with regards to the current rate of Bitcoin is a big realization on why we should hold on to our Bitcoin because of it's volatility, its rates can reach heights we never knew it would.
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December 08, 2017, 08:38:03 AM
 #1952

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

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there are two factors. the one is for investment and the second is for future purposes.

this two are the main factors why their store bitcoin. the price of the bitcoin increases now every time so they store it for long time so that they will get profit. the future purposes like saving money in the bank so that in future they have money and some of them includes also the price that comes up every time
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December 08, 2017, 08:53:29 AM
 #1953

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 they save bitcoin to sell at the highest price. Bitcoin will continue to rise and they try not to sell until bitcoin is really high in price.
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December 08, 2017, 09:07:18 AM
 #1954

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 gives us huge benefit that one reason why people wanted to hold their bitcoins in their wallet for a long time. Bitcoins price and value nowadays is still increasing and for those who have already holding their bitcoins in their wallet have that huge profit so if you want to be like them save bitcoins I guess it is still okay to start saving.
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December 08, 2017, 09:16:05 AM
 #1955

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

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yes you are right if playing bitcoin should be for the long term because it is very profitable from year to year, in view from 2013 bitcoin only for $ 1 and now the price of bitcoin in 2017 has reached its highest price of $ 20,000 it is very profitable because 20.000% profit.
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December 08, 2017, 09:21:46 AM
 #1956

Of course,  when you keep bitcoin in your wallet for a long time, you will get profit when the bitcoin price goes up. At present, bitcoin prices are rising very high, those who keep bitcoin a few months ago or more, they will sell bitcoin when the bitcoin price is higher than the market price.
The bitcoin value is increasing so saving it for a long time will bring big profit for the holder  .
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December 08, 2017, 12:03:35 PM
 #1957

Of course,  when you keep bitcoin in your wallet for a long time, you will get profit when the bitcoin price goes up. At present, bitcoin prices are rising very high, those who keep bitcoin a few months ago or more, they will sell bitcoin when the bitcoin price is higher than the market price.
The bitcoin value is increasing so saving it for a long time will bring big profit for the holder  .

Most interesting part is that who ever bough even few days ago made profit cuz price really went high. And for the moment seem that there is now way of stopping at any point. Save and try to collect as much as possible cuz when and if 20k is broken then it might come to little bigger correction in price.



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December 08, 2017, 12:18:33 PM
 #1958

Yes the best way of earning is saving it for a long time than putting it in other online wallet and you can trust the price of bitcoin because it increase day by day. so that means it gives you a better benefits.

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December 08, 2017, 02:30:21 PM
 #1959

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

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Yes they have a benefits that can get in storing bitcoin on wallet because the value of bitcoin is keeps in changing so that it is possible too that your bitcoin will increase. It is good for those people who store because in this strategy they can earn also.

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December 08, 2017, 02:47:40 PM
 #1960

bitcoin in my opinion is better traded because of rising and falling prices can benefit, but have risks, but bitcoin can provide benefits for those who hold it for a long time because bitcoin prices always go up, because it bitcoin can give you an advantage just by storing it in the wallet
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