Bitcoin Forum
September 21, 2019, 12:05:05 PM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 [105] 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 »
  Print  
Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
drake05
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
December 31, 2017, 02:52:46 AM
 #2081

Just imaging that if you're buying Bitcoin 5 years ago , it's just 100$ for 100 Bitcoins. But it's now 12k$ per Bitcoin. You see the profit ?
1569067505
Hero Member
*
Offline Offline

Posts: 1569067505

View Profile Personal Message (Offline)

Ignore
1569067505
Reply with quote  #2

1569067505
Report to moderator
1569067505
Hero Member
*
Offline Offline

Posts: 1569067505

View Profile Personal Message (Offline)

Ignore
1569067505
Reply with quote  #2

1569067505
Report to moderator
1569067505
Hero Member
*
Offline Offline

Posts: 1569067505

View Profile Personal Message (Offline)

Ignore
1569067505
Reply with quote  #2

1569067505
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1569067505
Hero Member
*
Offline Offline

Posts: 1569067505

View Profile Personal Message (Offline)

Ignore
1569067505
Reply with quote  #2

1569067505
Report to moderator
Joriecoinbit
Full Member
***
Offline Offline

Activity: 434
Merit: 105


View Profile
December 31, 2017, 03:27:53 AM
 #2082

Just imaging that if you're buying Bitcoin 5 years ago , it's just 100$ for 100 Bitcoins. But it's now 12k$ per Bitcoin. You see the profit ?

To make it short, you'll earn huge profit when you hold your bitcoin for a long time.But of course saving it for a long time doesn't guarantee you to earn huge profit. Bitcoin price before is quite low, so if you bought bitcoin before, and hold it until now, you'll surely earn huge profit. But if you're planning to buy now and hold it for how many years, I don't think you'll earn huge amount since bitcoin price now is really high and it keeps on fluctuating. Maybe altcoin is way more profitable in holding it for long a time and not with bitcoin. Bitcoin for me is profitable when you hold it in a short period of time.

gurupauts
Member
**
Offline Offline

Activity: 420
Merit: 11

DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY


View Profile WWW
December 31, 2017, 03:37:03 AM
 #2083

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

Come share your thoughts


I think those who keep their bitcoins for a long time may not need money any time soon and they want to earn a bigger profit because holding for a long time will certainly get more profit

thend1949
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500



View Profile
December 31, 2017, 03:56:03 AM
 #2084

Just imaging that if you're buying Bitcoin 5 years ago , it's just 100$ for 100 Bitcoins. But it's now 12k$ per Bitcoin. You see the profit ?

To make it short, you'll earn huge profit when you hold your bitcoin for a long time.But of course saving it for a long time doesn't guarantee you to earn huge profit. Bitcoin price before is quite low, so if you bought bitcoin before, and hold it until now, you'll surely earn huge profit. But if you're planning to buy now and hold it for how many years, I don't think you'll earn huge amount since bitcoin price now is really high and it keeps on fluctuating. Maybe altcoin is way more profitable in holding it for long a time and not with bitcoin. Bitcoin for me is profitable when you hold it in a short period of time.


We dont know yet what the next move of bitcoin in the future mate, but I'm quite sure that it will be more valuable as the time passes. So I don't really agree with you that only for the short term technique could you make earn big profit from bitcoin because I beleive that holding for a long-term in bitcoin is the best way of investment among other coin especially into altcoin which you're preferring for.

Joriecoinbit
Full Member
***
Offline Offline

Activity: 434
Merit: 105


View Profile
December 31, 2017, 04:17:35 AM
 #2085

Just imaging that if you're buying Bitcoin 5 years ago , it's just 100$ for 100 Bitcoins. But it's now 12k$ per Bitcoin. You see the profit ?

To make it short, you'll earn huge profit when you hold your bitcoin for a long time.But of course saving it for a long time doesn't guarantee you to earn huge profit. Bitcoin price before is quite low, so if you bought bitcoin before, and hold it until now, you'll surely earn huge profit. But if you're planning to buy now and hold it for how many years, I don't think you'll earn huge amount since bitcoin price now is really high and it keeps on fluctuating. Maybe altcoin is way more profitable in holding it for long a time and not with bitcoin. Bitcoin for me is profitable when you hold it in a short period of time.


We dont know yet what the next move of bitcoin in the future mate, but I'm quite sure that it will be more valuable as the time passes. So I don't really agree with you that only for the short term technique could you make earn big profit from bitcoin because I beleive that holding for a long-term in bitcoin is the best way of investment among other coin especially into altcoin which you're preferring for.

Well as you've said, we don't know what will happen to bitcoin in the future. Holding bitcoin for a long period of time will give you either positive or negative effect. It's either you'll earn huge profit or you'll going to lose your money. You have to be wise as to when are you going to keep your bitcoin. You have to set a target price as to when are you going to sell it. Coz if you'll just keep on holding your bitcoin in your wallet, and keep waiting for the price to reach its highest peak, tendency would be, you'll lose your money coz bitcoin price keeps on fluctuating.

If bitcoin price now is really high now, and you still choose to hold it, there's a high chance that it will drastically drops. You have to be open for all the positive and negative that might happen to bitcoin.
mejalipat
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile
December 31, 2017, 04:23:00 AM
 #2086

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

Come share your thoughts


I think holding bitcoin for a long time will definitely get bigger profits too and they choose for it because they do not need the money at the moment, but for those who need money it will soon sell it once it's earned a profit
thend1949
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500



View Profile
December 31, 2017, 04:40:39 AM
Last edit: December 31, 2017, 09:23:52 AM by thend1949
 #2087

Just imaging that if you're buying Bitcoin 5 years ago , it's just 100$ for 100 Bitcoins. But it's now 12k$ per Bitcoin. You see the profit ?

To make it short, you'll earn huge profit when you hold your bitcoin for a long time.But of course saving it for a long time doesn't guarantee you to earn huge profit. Bitcoin price before is quite low, so if you bought bitcoin before, and hold it until now, you'll surely earn huge profit. But if you're planning to buy now and hold it for how many years, I don't think you'll earn huge amount since bitcoin price now is really high and it keeps on fluctuating. Maybe altcoin is way more profitable in holding it for long a time and not with bitcoin. Bitcoin for me is profitable when you hold it in a short period of time.


We dont know yet what the next move of bitcoin in the future mate, but I'm quite sure that it will be more valuable as the time passes. So I don't really agree with you that only for the short term technique could you make earn big profit from bitcoin because I beleive that holding for a long-term in bitcoin is the best way of investment among other coin especially into altcoin which you're preferring for.

Well as you've said, we don't know what will happen to bitcoin in the future. Holding bitcoin for a long period of time will give you either positive or negative effect. It's either you'll earn huge profit or you'll going to lose your money. You have to be wise as to when are you going to keep your bitcoin. You have to set a target price as to when are you going to sell it. Coz if you'll just keep on holding your bitcoin in your wallet, and keep waiting for the price to reach its highest peak, tendency would be, you'll lose your money coz bitcoin price keeps on fluctuating.

If bitcoin price now is really high now, and you still choose to hold it, there's a high chance that it will drastically drops. You have to be open for all the positive and negative that might happen to bitcoin.
By the the way if i decide to hold for a long-term well I dont keep on my mind on it, the fact that i know that bitcoin will rise more where we just notice now that the more year passes the more bitcoin will get high on its value.
Well, I don't really mind about the possible negative happen into bitcoin coz I'm not like others that we calls negative thinkers that seems like you because I'm a kind of guy that always think positive for every step i made.

Joriecoinbit
Full Member
***
Offline Offline

Activity: 434
Merit: 105


View Profile
December 31, 2017, 05:40:31 AM
 #2088

Just imaging that if you're buying Bitcoin 5 years ago , it's just 100$ for 100 Bitcoins. But it's now 12k$ per Bitcoin. You see the profit ?

To make it short, you'll earn huge profit when you hold your bitcoin for a long time.But of course saving it for a long time doesn't guarantee you to earn huge profit. Bitcoin price before is quite low, so if you bought bitcoin before, and hold it until now, you'll surely earn huge profit. But if you're planning to buy now and hold it for how many years, I don't think you'll earn huge amount since bitcoin price now is really high and it keeps on fluctuating. Maybe altcoin is way more profitable in holding it for long a time and not with bitcoin. Bitcoin for me is profitable when you hold it in a short period of time.


We dont know yet what the next move of bitcoin in the future mate, but I'm quite sure that it will be more valuable as the time passes. So I don't really agree with you that only for the short term technique could you make earn big profit from bitcoin because I beleive that holding for a long-term in bitcoin is the best way of investment among other coin especially into altcoin which you're preferring for.

Well as you've said, we don't know what will happen to bitcoin in the future. Holding bitcoin for a long period of time will give you either positive or negative effect. It's either you'll earn huge profit or you'll going to lose your money. You have to be wise as to when are you going to keep your bitcoin. You have to set a target price as to when are you going to sell it. Coz if you'll just keep on holding your bitcoin in your wallet, and keep waiting for the price to reach its highest peak, tendency would be, you'll lose your money coz bitcoin price keeps on fluctuating.

If bitcoin price now is really high now, and you still choose to hold it, there's a high chance that it will drastically drops. You have to be open for all the positive and negative that might happen to bitcoin.
By the the way if i decide to hold for a long-term well I dont keep on my mind on it, the fact that i know that bitcoin will rise more where we just notice now that the more year passes the more bitcoin will get high on its value.

Well, I don't really mind about the possible negative happen into bitcoin coz I'm not like others that we calls negative thinkers that seems like you because I'm a kind of guy that always think positive for every step i made.



It’s not about being a negative thinker, but it's being preventive.  Being preventive of the bad things that might happen to bitcoin price in the future. You just can’t ignore the possibility of losing or your money. We’re talking about money here. If you don’t care of the possible negative effect of holding your bitcoin for a long period of time, then so be it.

One more thing, you're not being optimistic here. You're just seeing the positive effect when in fact that you can't avoid the negative side of it. You just can't accept the fact that there are circumstances that will not happen as what we wanted to be. Anyway, I'm gonna leave you here. I'm not gonna stoop down to your level. We are all entitled to our own opinion.
racistyui
Member
**
Offline Offline

Activity: 110
Merit: 10


View Profile
December 31, 2017, 09:57:05 AM
 #2089

Part of me agree that it is true. On the other hand the price is always changing and it really make me confused

Cynthia Adoma
Newbie
*
Offline Offline

Activity: 95
Merit: 0


View Profile WWW
December 31, 2017, 10:03:55 AM
 #2090

Storing bitcoin in a wallet is an investment which one can sell as the price appreciates.
altcointalk14
Sr. Member
****
Offline Offline

Activity: 665
Merit: 250


View Profile
December 31, 2017, 10:20:43 AM
 #2091

Part of me agree that it is true. On the other hand the price is always changing and it really make me confused
According to a number of analysts, growing concerns about nuclear threats from North Korea have pushed investors to alternative assets, such as digital coins.Geopolitical tension, at least for now, is playing in favor of the bitcoin.
gigilsoup
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
December 31, 2017, 12:47:06 PM
 #2092

Mostly the reason why storing bitcoin for a long time in a wallet is because they are waiting for a possible higher trading
MeongElek
Member
**
Offline Offline

Activity: 418
Merit: 10

"simply getting the job done"


View Profile
December 31, 2017, 02:35:59 PM
 #2093

Many people predict bitcoin
next year will rise in value. Maybe this is what they think about to save a lot of bitcoin in their wallets. Next year will be a sales moment.

Mycro Jobs                                                                                                                                                                                                   
| SIMPLY GETTING THE JOB DONE
⟩                                                                                                                                                     
                                                           ⟩⟩ Telegram ⟩⟩ Twitter ⟩⟩ Medium ⟩⟩ Github ⟩⟩ Instagram ⟩⟩ LinkedIn ⟩⟩ YouTube ⟩⟩ Facebook
Gabz999
Full Member
***
Offline Offline

Activity: 266
Merit: 107


View Profile
December 31, 2017, 02:43:36 PM
 #2094

Many people predict bitcoin
next year will rise in value. Maybe this is what they think about to save a lot of bitcoin in their wallets. Next year will be a sales moment.
Not just they think, rather they believe in that time were the price of bitcoin will rise. That's why they store it for so many years, coz their profit will also grow when the years pass by. I my self also believe in that. I also save bitcoins for long time and for future purpose.
bestbiz9
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
December 31, 2017, 02:47:17 PM
 #2095

Saving with bitcoin is of course beneficial as its price is increasing fay by day it will be very much profitable and one can earn more if a person is holding the coin in wallet for long period of time
jeanpadel14
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
January 01, 2018, 02:02:53 PM
 #2096

Yes it got benefit if bitcoin save in long term,and i think most of the people store bitcoin as investment and they think its better to store it in coin wallet because there are more scammed investment.It become safe and because the price of bitcoin increasing it make a good profit.

▶▶  [ WHITEPAPER ]  ◀◀            i v y            ▶▶  [ JOIN US NOW! ]  ◀◀
Ivy Disrupts The US$5 Trillion Per Day Money Transfer Market
TELEGRAM     ●    FACEBOOK    ●     TWITTER     ●    YOUTUBE    ●     LINKEDIN
shaun98
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
January 03, 2018, 03:58:32 AM
 #2097

Benefits include the rise in value of Bitcoin, which will generate them profit. Also, saving it in a wallet is better than saving it on an exchange, due to better security.

annango
Member
**
Offline Offline

Activity: 364
Merit: 17


View Profile
January 04, 2018, 12:02:20 AM
 #2098

Btc is an investment so it means that once you invest for a long time you'll be able to get much profit. You just need to be patient
You can get or your can lose, that's the possibility and you have to be ready also when things will result not on your favor.
Not every time we invest we will be successful, there are also failure that is why it's required that we should only invest what we can afford to lose.
We all know that bitcoin is notoriously volatile so I think it’s hard for us to say whether saving it for a long time or sell it immeditely is best way.It depend on situation you got.Cause its risky ,you must accept to get and lose it as long as you think it’s right choice for you at the moment. Most of people suppose that saving brings them many benefit, for me it’s only a safe choice for all. To invest btc is really easy,  however it’s hard to earn profits. So you must be more patient and sometime accept the loss ,it’s the requirement of bitcoin’s investment.

Bacotan Bae
Sr. Member
****
Offline Offline

Activity: 504
Merit: 252



View Profile
January 04, 2018, 05:56:29 AM
 #2099

Yes true, bitcoin is a very profitable investment for the long term but most of us do not be patient because when see there is a price increase then immediately sell.


Philanthor.com
 



▬▬▬▬▬▬▬ ❤ ❤ ▬▬▬▬▬▬▬▬▬ ❤ ❤ ▬▬▬▬▬▬▬▬▬ ❤ ❤ ▬▬▬▬▬▬▬▬ ❤ ❤ ▬▬▬▬▬▬▬▬
 



TOKEN SALE IS LIVE
JOIN NOW
joan26
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
January 04, 2018, 07:18:57 AM
 #2100

As we see that bitcoins price is unpredictable and we don't know when it fall and rise. So when you store your bitcoins in your wallet, two things may happen.
Your bitcoin may be down in value or may double or triple its value, but no one can say when. So the best way is to wait and see.
Pages: « 1 ... 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 [105] 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!