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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
laevatein906
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February 14, 2018, 07:41:49 AM
 #2361

it would be better to accumulate Bitcoin and save it than buy and save without accumulating Bitcoin.  It is the accumulation that will make you maximize the benefits of Bitcoin price increase, The best thing about bitcoin is that even if you can't buy it then also you always have an choice of earning it in different ways so try to earn it to maximum possible extent and hold it
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Sled
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February 14, 2018, 08:23:37 AM
 #2362

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

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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.
Don't underestimate bitcoin because we already see the possibilities in bitcoin because it goes up from under $1,000 to $20,000 in just 1 year and just think about the possibility for the price of bitcoin to reach $50,000 and we can even see more than that because the general forecast or prediction for this year's bitcoin price is around $60,000.
DMiracle1
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February 17, 2018, 11:12:17 AM
 #2363

Bitcoin is a long-term plan because it is simply not going away anytime soon or better yet, here to stay. You should consider the fact that bitcoin still remains one of the most watched and speculated currencies of all time. There are only so many bitcoins available in the world.  We cannot create more. Once all of it are released into the system, they will actually go UP in value due to supply and demand. The value will skyrocket, just how much no one knows.
Wenmanong
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February 17, 2018, 12:56:27 PM
 #2364

Maybe for me I will save for a long time just because right now I don't need money or either because the price is so low. For it's a big benefits if the price will go higher.
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February 17, 2018, 01:07:23 PM
 #2365

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

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Those people store thier bitcoin for long time because i think they dont need a money as for now or either they wait the price become so higher, bitcoin is a way to make your future bright.

Dilladupak
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February 17, 2018, 01:17:15 PM
 #2366

that I have been convinced that the bitcoin price will be higher than the current price.
If I sell bitcoin at this time for me will lose a lot of big profits,
Because I know the price of bitcoin in the middle of this year the price will be higher than now,
so I will save the bitcoin in my wallet, we will sell it at a higher price again.
so we benefit a lot from bitcoin.

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Ampong2121
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February 17, 2018, 01:32:08 PM
 #2367

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

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Its because they want to have a money for emergency purposes, so that they will not get a problem if they need a money, they will just convert their bitcoin into money to use in their emergency.
Or they want to hold their bitcoin until the value will go again in 1million, so that they have a lot of money for their family.
zhanghoqi5
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February 17, 2018, 01:40:13 PM
 #2368

Of course, it will bring benefits, and the value of bitcoin is very different from the previous price, because it is very expensive and very difficult to obtain.
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February 17, 2018, 02:14:21 PM
 #2369

When the price of bitcoin falls, I've thought of saving my bitcoins in order to have a good profit in the future. But then it goes back to it's 4-digit price so I've started to invest on it. I am lucky to invest on it since I can see the results of my investments this time.

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palensya
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February 17, 2018, 02:24:42 PM
 #2370

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

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Because as a trending of bitcoin historical data the longer we hold the coins in our respective wallets the higher earnings we may gain it is already proven and lots of investors are doing the pong term investments.

ramgonzales
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February 17, 2018, 02:26:59 PM
 #2371

Well for my the main benefit that I am seeing that these people will get for saving and holding Bitcoin for a long time is the greater profile they can have out it. Imagine if they bought their Bitcoin for the price of $1000 before years ago, see how much is their profit gains if they will sell it today for $10k how much more in the new few years.


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February 17, 2018, 02:31:24 PM
 #2372

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

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Well I think the benefit of Bitcoin for long term storage is that people see it to have a great potential to grow even just stored due to the fluctuation of price that was one of its main characteristics making it to be more like by many people among all the existing currencies in the world. Well, it is totally true because based on my own experience, saving and holding for a long period of time enables our money to initially grow for an instance making it much more beneficial on our parts.

Nick Abimanyu
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February 17, 2018, 06:12:48 PM
 #2373

The total bitcoin is 21 million pieces, while the mining activity keeps going every day, so it can be ascertained the number of bitcoins present will decrease in number. With this speculation comes some thoughts that lead to volatile "The smaller the supply, the higher the number of requests".

From these assumptions was born initiative between them to hold bitcoin forever.
The benefit they get is a refund greater than the original fund.
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February 17, 2018, 06:37:35 PM
 #2374

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 have different reasons why we hold our bitcoin and it varies depending on our situation. Although we all differ to one another, there's this one same thing we have in common, we hold our bitcoin for a long time to gain positive outcomes. The value of bitcoin is said to be volatile which means as time passes by, there are chances that the value will rise or fall that's why there are plent of people who patiently waits for the pumps.

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February 17, 2018, 06:49:13 PM
 #2375

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

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Many bitcoiners experience already that saving bitcoin for a long time makes them profit for a million income. I prove it also in my own experience that bitcoin is leading to all source of income. Because this gives hope to all people to get rich. This is the only hope now to improve every lives of bitcoin holders. Our only hope to have a chance to be rich. No one source of income can make us quick millionaire's but only bitcoin. Bitcoin is the only hope of all nations to the whole world.

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February 17, 2018, 07:10:07 PM
 #2376

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

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Many bitcoiners experience already that saving bitcoin for a long time makes them profit for a million income. I prove it also in my own experience that bitcoin is leading to all source of income. Because this gives hope to all people to get rich. This is the only hope now to improve every lives of bitcoin holders. Our only hope to have a chance to be rich. No one source of income can make us quick millionaire's but only bitcoin. Bitcoin is the only hope of all nations to the whole world.
in my opinion, it is not what already collect gossip, as forecast for so many was that many people вcкpyжилa head of thought about fraternities. to date, they with fear watching pricing bitcoin.
doycku
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February 17, 2018, 07:14:08 PM
 #2377

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 bitcoin is advantageous to hold longer. Until recently, its price was not great and everyone was happy with it. Finally, the price has risen and many have paid dividends for their patience.
Sled
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February 18, 2018, 03:09:32 AM
 #2378

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 bitcoin is advantageous to hold longer. Until recently, its price was not great and everyone was happy with it. Finally, the price has risen and many have paid dividends for their patience.
The holders are not getting dividends for your information they are gaining profits because of the price of bitcoin is going up and there is no dividends because their money that are coming in is depending on their bought price so saving and holding bitcoin for long term is worth it because the possible profit is huge and you just need to wait.
jcarlo
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February 18, 2018, 03:12:20 AM
 #2379

Sometimes its much safer if we store our bitcoin on our wallet. As far I know, I never heard about hacking on wallet but so many time wallet on exchanger had been hacked. My personal opinion, its much safe to store our bitcoin our wallet because of it

inillo
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February 18, 2018, 08:52:47 PM
 #2380

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

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Oh... The mantra of Bitcoin during many many years has been to hodl no matter what. People who still believe on this only cash if they think they haver reached their goals.
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