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Author Topic: bitcoin benefit of saving for a long time?  (Read 81791 times)
Sexie
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December 14, 2017, 08:11:04 AM
 #2021

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 are just waiting for the right time to sell their Bitcoin.The hiigher the price , the greater benefit ON it.   Those Bitcoin miners wanted also to gain profit for their hardworking. F they Will sell it without profit., of course they did not reach their goal, they lose their effortl of mining, they fail. So as long as they could wait, they earn the profit, so ,that is the benefit of keeping the Bitcoin for long time.

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December 14, 2017, 08:20:47 AM
 #2022

I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.
Nope, it depends on how much amount of Bitcoin you are holding for long term. As me, I just have 0.1 BTC for long term, can me be the billionaire with that amount? Never! I am sure I never have this chance, therefore, I must to invest more and have more Bitcoin in wallet to become the billionaire through Bitcoin.
nobody knows that your 0.1 bitcoin could worth 100 million!

i just not sure if you can resist to see the high price of bitcoin. even when your 0.1 bitcoin turned to $100,000 you will sell it immediately. i have experienced something like that , FUD in bitcoin always there and the one who keep the faith in bitcoin are the one who could become millionaire just like what you said.

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December 14, 2017, 09:19:49 AM
 #2023

I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.
Nope, it depends on how much amount of Bitcoin you are holding for long term. As me, I just have 0.1 BTC for long term, can me be the billionaire with that amount? Never! I am sure I never have this chance, therefore, I must to invest more and have more Bitcoin in wallet to become the billionaire through Bitcoin.
nobody knows that your 0.1 bitcoin could worth 100 million!

i just not sure if you can resist to see the high price of bitcoin. even when your 0.1 bitcoin turned to $100,000 you will sell it immediately. i have experienced something like that , FUD in bitcoin always there and the one who keep the faith in bitcoin are the one who could become millionaire just like what you said.
That's correct, because of our trust with bitcoin it gives us a reward by increasing it's value.
Traditional financial experts said bitcoin is a bubble and it will just disappear anytime, it's up to us if we believe it or not but for me I will
continue to believe the future potential of bitcoin because I have proven it's profitable.

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December 14, 2017, 11:07:04 AM
 #2024

No need to wait 10 or 20 years to get profit thousands of percent by invest bitcoin we can profit thousands of percent in a year even this year has gone up to 1600%, if compared with 9 year ago price have risen more than 16000%


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December 14, 2017, 11:14:56 AM
 #2025

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 is simply because of profit. Bitcoin is best known for long term investment. Holding Bitcoin for a long time would yield to huge profit in the future because its market value is continuously increasing. Practically, as its price increases, same thing happens with the profit to be earned by its investors and users. The benefit of holding for a long time is simply the huge profit that is about to earned once its market value becomes more expensive in the future.

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December 14, 2017, 11:16:33 AM
 #2026

The benefit of saving bitcoin for long time is good because if you keep it for long btc is also increasing the value of your save btc will increase too then if you are satisfied of the value you could convert it to o
your money country.
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December 14, 2017, 11:32:00 AM
 #2027

It's indeed could make you have the value gained more than 100 times when you hold it for long time ,
But there's benefit more than that , bitcoin could improve our quality lives through a new financial system.
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December 14, 2017, 11:49:34 AM
 #2028

Because it is very profitable saving method in last days. It grows a huge amounts in a hours and investors are having a good profit at everyday.

Making your bitcoin stay for couple of years inside your wallet is dangerous for you. It is only like saving cash in a bank and waiting the interest to get mature. Neither of these investments is good. It is really better to let your money work for you. Don’t let your bitcoin reach maturity inside your wallet without even being circulated and earn double or triple that making it stay inside your wallet.

For some reasons, making bitcoins stayed inside the wallet for so long somehow doesn't provide satisfaction for me, it takes a long loooong time to take the target profit. Instead of just saving it we should consider also some things that might help to increased it without waiting for so long time.

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December 15, 2017, 05:57:46 AM
 #2029

I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.
Nope, it depends on how much amount of Bitcoin you are holding for long term. As me, I just have 0.1 BTC for long term, can me be the billionaire with that amount? Never! I am sure I never have this chance, therefore, I must to invest more and have more Bitcoin in wallet to become the billionaire through Bitcoin.
Correct. New investors in bitcoin usually don't invest at bitcoin because of uncertainty specially today's price. People are more like to invest that they can afford to lose thats why i think they only invest a small amount of bitcoin which i think they are not trying to be millionaire but to make a decent profit to it.
Bitcoin benefits for its saving is very good idea and especially parents can save bitcoin for their kids as we know that now a days everything is very expansive so in coming time education will also be expansive so this saving can help them in their higher education and also it can help them in their future as people are saving bitcoin for income purpose and then they sell bitcoin when bitcoin price go high so it’s a very good to save bitcoin for future.

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December 15, 2017, 06:01:43 AM
 #2030

Because of its young economy, novel nature, and liquid markets; saving your Bitcoin is not recommended. If you own Bitcoin, it’s much better to spend it than to save it for two reasons: 1). It could become worthless overnight and 2). Its future depends on it.
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December 15, 2017, 06:03:17 AM
 #2031

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

Come share your thoughts

Of course, they want to get a big profit with an increase in the price therefore they wait. Another thing no one knows when there will be a collapse and this is very risky, because you can lose a lot in this. But while this is promising.

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December 15, 2017, 02:31:40 PM
 #2032

Bitcoin is the best asset for the future. I think that's one of the reasons people keep Bitcoins in the future. Besides the unstable Bitcoin price makes one think to keep it. That's just some of the reasons I mentioned. A definite for now Bitcoin has become everyone's choice for investment. Because the price of Bitcoin is very high. And most importantly you can control your emotions. Because of the panic that we do of course we will do the wrong thing, need a very mature calculation in making decisions.
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December 15, 2017, 05:44:33 PM
 #2033

I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.
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December 15, 2017, 06:08:03 PM
 #2034

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 wait till price jumping high numbers just if you back 1 year and buy 1 bitcoin now you can get extra 15,000$ freely.

for international trading they use bitcoin to remove some taxes
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December 15, 2017, 06:14:46 PM
 #2035

I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.

Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.
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December 15, 2017, 06:48:18 PM
 #2036

I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.

Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.

True but it is not easy to save long time. Image you have 10 bitcoins in January this year and by now you collected few more. Think will you save then or you would be temped to sell them with this current price. If we look on price it really not that easy to make this decision it actually really hard. Price is more then anyone imagine so think 10 btc is quite the sum now.



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nominee
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December 15, 2017, 06:50:06 PM
 #2037

I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.

People started to save bitcoins in their wallets for long run purposes. They sometimes make spendings with bitcoin. They spend it and then buy it back. The significant thing is that getting the bitcoins back with cheaper prices.
Catswold
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December 15, 2017, 08:37:02 PM
 #2038

I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.

Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.

Saving bitcoins will always give you positive results and higher profits as people who are holding their coins since last 1 or 2 years have made some good profits by now and if they continue to hold longer then they will be making even very higher profits in future as the supply of bitcoin is limited and when demand will reach on the top it will take the price of the bitcoins to the roof so saving it longer would be more beneficial for all of us.
brickafterbrickwalldpt
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December 15, 2017, 09:37:08 PM
 #2039

Bitcoin price is guaranteed to increase in the future, it's a risk-free way of aquiring a large amount of money, and that's why people do it. Some people also trade their bitcoins, and they're usually more versed in the art of market trading, which not everyone is able to master.

HODLER Open Source Multi-Asset Wallet infrastructure test with $2000 worth of bitcoin for the participants. Read more here: https://bitcointalk.org/index.php?topic=5032817.msg46184177#msg46184177
Boov
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December 15, 2017, 10:06:02 PM
 #2040

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

Come share your thoughts


People are using their Bitcoins for a good purposes. They can buy their wants and needs. But, Sometimes you will notice that a Bitcoin user cant waste his/her money to a useless things. Right? Because They holding it. And Holding is one of the big things that a Bitcoin user should always do. Bitcoin is increasing and increasing its price so that many people are holding their Bitcoin and start to earn and earn. The more they earn, The more they will gain Profits. In holding, You're not taking a risk like investing, You're just trusting bitcoin that it will increase its price again and again.

PLAY MOBILE GAMES MINE
CRYPTO-TOKENS EARN REAL MONEY
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