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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
hah
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January 11, 2018, 05:14:13 PM
 #2161

You can get dividends off the bitcoin forks such as the previous bitcoin cash and bitcoin gold.

Bitcoin got a deflationary nature due to people losing their coins in accidents and mining is halving, overtime if there is demand the coin should grow in price.

Bitcoin is still king and all altcoins are backed by bitcoin, bitcoin can potentially swallow most of the "currency" market if it goes fully mainstream.

Overall I think it's good to hodl some bitcoin long time than some alts.

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January 11, 2018, 06:45:58 PM
 #2162

You can get dividends off the bitcoin forks such as the previous bitcoin cash and bitcoin gold.

Bitcoin got a deflationary nature due to people losing their coins in accidents and mining is halving, overtime if there is demand the coin should grow in price.

Bitcoin is still king and all altcoins are backed by bitcoin, bitcoin can potentially swallow most of the "currency" market if it goes fully mainstream.

Overall I think it's good to hodl some bitcoin long time than some alts.

That if some exchanger support it, if there is no exchanger support it then I guess there is no reason to collect that fork coin. When we save with bitcoin we are already reducing our risk with inflattion. When we are not exposed with inflation, our money value will never decrease and it is of course safer than just safe money in the bank

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January 13, 2018, 02:40:05 PM
 #2163

Like the early adopters what are their benefits? You do not have to ask this question because you know the answer here. Of course the bitcoins are rising in price and when you hold it of course you will also increase the bitcoins value that you hold. So many people keep holding their bitcoins because of the hope that the price of bitcoins will increase further.

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January 13, 2018, 09:42:55 PM
 #2164

Bitcoin has a worthy and stable future one who invest in it got good profit,Its a good time to invest in it and save for the e future as long term,People invest in insurance policies but when need to claim many companies scam and do not accept claim.You have Bitcoin mean cash with you any time can take benefit from it.There so many uniqueness which attract to there investors to invest in it for high earning in safe way.

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January 13, 2018, 10:07:38 PM
 #2165

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

Come share your thoughts

as i see the price for bitcoin every year continue rising although sometime deeping but it will reach up again. Like others i do believe that someday my investment for bitcoins will make me wealthy person.
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January 13, 2018, 10:49:48 PM
 #2166

The price of bitcoins will reach to the moon in future and if you want to get rich with it then there is no other choice left for you but to save your bitcoins for a long term and if you sell your bitcoins now then you will be making lesser profits and you will regret in future for not saving it for the right time and people who have saved their coins from last 2 to 3 years are in the best position at a moment as they have already become millionaire by now but I am sure even they will not sell their bitcoins now and will hold for some more years.


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January 13, 2018, 11:53:58 PM
 #2167

Need I say more?
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January 14, 2018, 12:07:51 AM
 #2168

i think everyone one who is saving their bitcoins for longer time are known from the fact that they will earn a profit in the future when the price of bitcoin will increase. With the passage of time the users of bitcoin increases increasing the demand and so with the increasing demand the price of it increases which give the expected profit to the users..
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January 14, 2018, 02:19:33 AM
 #2169

All of us have thesame reason why we hold our bitcoin for a longtime, the reason is to get big profit. Because we all know that bitcoin will increase and increase again as the time goes by. Being patient and trust to bitcoin is the key to get big profit if you dont have that and when the time comes that the value of bitcoin is decreasing, panic selling of bitcoin is the thing that im sure you will.do
But if you have that patient and trust, you will only think that this discrease is only a chance to buy bitcoin and make profit when it is high.

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January 14, 2018, 02:26:28 AM
 #2170

Yes this is true, bitcoin is very profitable if we saving for long time, but unfortunately most users do not like to wait and will do profit taking if they feel there is a slight increase in price.
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January 15, 2018, 06:45:36 AM
 #2171

Due to price corridors, there is a clear advantage here. This will determine the amount of your profit. If you want to be patient, you can get a high price and a big profit.
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January 15, 2018, 12:09:38 PM
 #2172

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

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Even I store my Bitcoin in my wallet and I will add some more and more and hold it for a long time, because bitcoin is still increasing and it will never stop increasing until time comes we are all millionaires.
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January 15, 2018, 01:10:27 PM
 #2173

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

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People store it because they are into long term investment and with that goal they will benefit a very good return or income. The longer we hold it on our wallet the bigger the profit we are about to generate. Bitcoin growth has a great potential in the market and it continue to rise as day goes by.

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January 15, 2018, 01:45:37 PM
 #2174

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

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For me the reason why the users of bitcoin benefit of saving for a long time because they want more to get higher profit.ofcourse they will get their benefits...because bitcoin currency it might decrease or increase so the users of bitcoin save their benefits for a long time.

At the moment, I left my Bitcoin for long-term storage. But I took a small part of my Bitcoin for daily speculation on the stock exchange.
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January 15, 2018, 01:54:00 PM
 #2175

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

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People store it because they are into long term investment and with that goal they will benefit a very good return or income. The longer we hold it on our wallet the bigger the profit we are about to generate. Bitcoin growth has a great potential in the market and it continue to rise as day goes by.

I think the main reason why people store their bitcoin in their wallet for a long time is to reduce the risk of investment scammed. As we know that it is more safer if we store our bitcoins in our wallet, or maybe this people are waiting to trade that the value of bitcoin will reach its highest price, were they can earn big profit in that way.
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January 15, 2018, 02:16:16 PM
 #2176

Probably a big profit awaits you when you save your bitcoin for a long time. It's just a long term investment where you are keeping your bitcoin in your bitcoin wallet and let it grow for years giving you a very huge ROI.

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January 15, 2018, 02:27:23 PM
 #2177

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 that many bitcoin holders are betting on raising the price of bitcoins and therefore take care of their altcoyins. People understand that it will take a little time and your wallets will bring a good profit. I also keep my bitcoin and wait for better times.
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January 15, 2018, 02:55:59 PM
 #2178

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

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The coin has the potential and is known to the community, the longer the longer the price of the coin is worth. That's why they kept the penny for a long time. Holding helps you maximize your profits with low investment.

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January 15, 2018, 03:00:07 PM
 #2179

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

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We all know how bitcoin works and how its value happen to change over time. If you are going to save your bitcoin for a long time, there are a lot of benefits you can gain from it. You cannot gain this benefit right away instead you should wait and be patient too. It is not always beneficial I think because there are some instances wherein the value falls down that's why you should wait for it to rise again.
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January 15, 2018, 03:33:58 PM
 #2180

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

Come share your thoughts

The coin has the potential and is known to the community, the longer the longer the price of the coin is worth. That's why they kept the penny for a long time. Holding helps you maximize your profits with low investment.
I agree to that. Holding will help you to maximize your profits and it will help you to not regret anything because when you hold your coin then there is nothing that you can do with that but to have a lot of patience because the market maybe goes down or go up hard so it really depends on your patience if you will make a lot of profit or get a lot of loss.

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