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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
kiindje
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February 04, 2018, 10:27:48 AM
 #2341

I think saving is good, but savings in Bitcoin is even better. I read about nationalization of pension funds even in EU countries.
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Tavarez
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February 04, 2018, 04:32:51 PM
 #2342

saving in bitcoins is risky. asset is good but very volatile, the price was 19,800$ end of the december and now we are seeing only down trend. right now the price is 8,400$. who knows what it will be like the next week. G8 congress is around the corner. BTC was not created for savings but rather as payment method.
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February 04, 2018, 04:53:44 PM
 #2343

I don't think that bitcoin is good thing to use as asset because price is like roller coaster changing all the time and you will never know when everything will end.

RodrigHer
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February 05, 2018, 01:59:16 PM
 #2344

The main benefit is that by selling the bitcoin money that you have saved for a long time, you can then get a profit that can be twice as much. Assuming that you invest 100 $ in bitcoin, and you wait for the price to increase, later you could sell it for $ 300 or more, that's the big advantage.
madgpt
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February 05, 2018, 02:11:19 PM
 #2345

Just look at just this year price change from start of this year till now, and image that you invested in just one bitcoin back in January, good profit.
From this point only one thing is sure bitcoin wont go back down so easily it will continue to grow and keeping it and storing it good thing to do.
goldcoinminer
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February 06, 2018, 05:03:22 AM
 #2346

Just look at just this year price change from start of this year till now, and image that you invested in just one bitcoin back in January, good profit.
From this point only one thing is sure bitcoin wont go back down so easily it will continue to grow and keeping it and storing it good thing to do.
What we have witness now is a price drop or a price correction which is due to happen.
However, it just down so much because weak hands panic and they are selling at a lose, after they are gone regretting, it will be the whales
who will help us to grow the price again, mark my word, I've seen this many times.
Masongrae
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February 07, 2018, 12:28:18 AM
 #2347

Saving Bitcoin for a long time, is a one smart strategy of holding bitcoin, we all know that the value of it goes up and may drop down, but by saving bitcoin will never lose, than selling it all. My opinion better to hold/save it or invest it for own bussiness.?

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icopir
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February 07, 2018, 12:46:21 AM
 #2348

Many keep it precisely for such purposes as it will bring more profit than in the short term, for me it is created to be invested in it for a long time
mindfly09
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February 07, 2018, 08:29:13 AM
 #2349

The benefits of bitcoin of saving for a long time is we have expect money for the future. The other benefits is f the price is high then its time to sell bitcoin and we can earn good profit. Because savings a long time is much better. Even its risky we believe that bitcoin will increasing every time. Because we believe that in the future, we expect more that the price is become higher. So today you should start save money so that your future will secure.
tetyulfania
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February 07, 2018, 08:34:49 AM
 #2350

Yes absolutely the bitcoin have more benefit if you save your bitcoin in the long time, you will get more profit when you hold your bitcoin in the long time period, just look at the bitcoin price at 2016 where the bitcoin only $2000 and now look at your bitcoin balance and sell it when the price is $19000 and how much your profit you get, it will be the motivation for you to keep and save your bitcoin in the long time period and it will be more profit.

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February 07, 2018, 08:42:44 AM
 #2351

As I am seeing it, people keep their coins in their wallet because they are waiting for the time that the bitcoin will be in demand and the price will be higher thats the time that they can sell what they have and they will gain the profit in it. Thats why they are keeping it, they are waiting for the right time to sell what they have because they know that it can be triple price than before.

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Konthol Ngaceng
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February 07, 2018, 08:47:15 AM
 #2352

Yes absolutely the bitcoin have more benefit if you save your bitcoin in the long time, you will get more profit when you hold your bitcoin in the long time period, just look at the bitcoin price at 2016 where the bitcoin only $2000 and now look at your bitcoin balance and sell it when the price is $19000 and how much your profit you get, it will be the motivation for you to keep and save your bitcoin in the long time period and it will be more profit.
Unfortunately many users are impatient with this situation, they prefer to sell cheaply and earn a little profit even more like cut loss. things we have to believe are users who continue to increase so as to make the future bitcoin will continue to improve.
whitecaramel1
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February 07, 2018, 08:56:17 AM
 #2353

I think if you keep your money in bitcoins for a long time, you can become rich  Smiley
boruto99
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February 07, 2018, 08:58:02 AM
 #2354

because many people will understand what is bitcoin.. how blockchain work..
in the foreseeable future all banks, central banks, corporations will use blockchain. this makes the bitcoin more expensive..
microwave
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February 07, 2018, 01:27:13 PM
 #2355

Well, the first thing come into my mind when I read your question is that I think that people saving their bitcoin for a long time because they wait until the bitcoin price reach the highest price or simply almost a million and I think there is the time to cash out their bitcoin. But not all people thinks that because maybe other people save their money for a crisis or unpredictable happenings.
cryptocurious18
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February 07, 2018, 01:37:07 PM
 #2356

 I think nowadays many people are interested in bitcoin . but the amount of bitcoin is limited. This condition makes the price of bitcoin keep rise. Thats why saving bitcoin in long term is profitable
LovelyFLOWER
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February 07, 2018, 01:39:07 PM
 #2357

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

Come share your thoughts

Storing bitcoin in thier wallet or known as holding bitcoin is aim to make more money higher and valuable through waiting for a long time just to make ut doubled than price before and it can also make more things to be planed when bitcoin was going to sell from the poin of long time holding in wallets.stating that they holding up just to have more money and profit at the same time.
wareen
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February 11, 2018, 08:26:54 PM
 #2358

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

Come share your thoughts

Storing bitcoin in thier wallet or known as holding bitcoin is aim to make more money higher and valuable through waiting for a long time just to make ut doubled than price before and it can also make more things to be planed when bitcoin was going to sell from the poin of long time holding in wallets.stating that they holding up just to have more money and profit at the same time.
A Bitcoint holder does not need to hold until double capital, because the price of Bitcoin will increases to high value, x2 is unreasonable with the value ~50,000 someday. Instead, from the current price, $8000 to $16,000, x2 is possible.

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ViceKing
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February 14, 2018, 07:28:20 AM
 #2359

That's mine bitcoin benefit of saving for a long time because bitcoin mining great profit and benefits.
Crypto currency market price great opportunity and bitcoin wallet store and holding and saving for long time and great profit.
Bitcoin benefit of saving for a long time expect money for future bright.
btcmegastar
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February 14, 2018, 07:34:53 AM
 #2360

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

Come share your thoughts

Storing bitcoin in thier wallet or known as holding bitcoin is aim to make more money higher and valuable through waiting for a long time just to make ut doubled than price before and it can also make more things to be planed when bitcoin was going to sell from the poin of long time holding in wallets.stating that they holding up just to have more money and profit at the same time.
A Bitcoint holder does not need to hold until double capital, because the price of Bitcoin will increases to high value, x2 is unreasonable with the value ~50,000 someday. Instead, from the current price, $8000 to $16,000, x2 is possible.

For sure, it is possible to reach x2 in short period but to reach 50,000$ it is not possible, will take some to reach it because the total volume of the market cap is reduced to Bitcoin dips. So we have to another year to increase its market cap.

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