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Author Topic: bitcoin benefit of saving for a long time?  (Read 81791 times)
andeluna
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March 03, 2018, 01:59:15 PM
 #2461

It is a good idea to save bitcoin for a long time and I'm pretty sure that we will benefit from it. As time passes by, the bitcoin is getting well-known and as a result, many are investing on it and its price goes high each and every time except for the red days. If we will save our bitcoins, we will surely benefit in the future.

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johnnythunder
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March 09, 2018, 04:42:36 AM
 #2462

It is a smart thought to spare bitcoin for quite a while and I'm almost certain that we will profit by it. As time cruises by, the bitcoin is getting outstanding and thus, numerous are contributing on it and its cost goes high every single time with the exception of the red days. In the event that we will spare our bitcoins, we will without a doubt advantage later on.
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March 09, 2018, 05:24:33 AM
 #2463

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

Come share your thoughts

          There are some people storing their bitcoin in their wallet and saving for long time because it is more beneficial than saving for short term only.This is the most effective way to get more profits.

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March 09, 2018, 09:59:49 AM
 #2464

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

Come share your thoughts

If we can all remember, the value of bitcoin wayback when it was just starting was very low and people did not patronized it that much but as years pass by and innovations take place, the value has risen a lot which made some people rich instantly. From there, we can already see how beneficial it is when you are going to hold your bitcoin for a very long time but still you should be careful on making decisions.
I do not agree your idea.
You have to remember no one got profit from Bitcoin instantly like you said, how to get that profit easy like that?
Nothing is easy and those who got profit have spend much times + money to bought Bitcoin at low price.

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bobbykulot
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March 09, 2018, 10:07:20 AM
 #2465

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

Come share your thoughts

Because they want to reach the higher price in the market to sell their coins to earn a big amount of money this what we called future. Because of Bitcoin we can now have own saving that we are the controller and we can see it anytime and we can sell it when we want. This is the future of our family.
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March 09, 2018, 07:26:33 PM
 #2466

Keeping your Bitcoin I know that a few years ago, campaigns and calls were paying too much when bitcoin was not so abundant. From that time, those who saved the coins had a good profit. So I think people with Bitcoin will even grow higher to keep their coins.
Dark Sky
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March 09, 2018, 08:02:10 PM
 #2467

Keeping your Bitcoin I know that a few years ago, campaigns and calls were paying too much when bitcoin was not so abundant. From that time, those who saved the coins had a good profit. So I think people with Bitcoin will even grow higher to keep their coins.
If you have some extra money in your account and you wants some extra benefits from it so you should invest in bitcoin and hold it for long time because bitcoin price is more increase and it will very profitable for you, it will very good to earn more bitcoin by investment and that's why you will start any physical business from bitcoin's profit.

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March 09, 2018, 08:20:29 PM
 #2468

I think what they are doing is called an investment. It could be just short term like weeks or months but there could also be long term that they will just buy some Bitcoins, hold it or even forget about it for years and then gain great profit out of it, remember those Bitcoin holder who had their coins for like $1, imagine that at one point last year it reached $19k. It pays off more than a hundred times when you hold patiently and wait for the best time to sell your coins.

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March 09, 2018, 08:27:12 PM
 #2469

Saving bitcoin for a long time will make you get a lot of profit, it's already happened in 2017, where people who have been saving bitcoin for a long time before entering 2014 have saved bitcoin, and it's proven by 2017 to be a billionaire whereas the bitcoin price is actually on the moon. There's no doubt saving bitcoin for a long time will make you earn a lot of huge profits.
KrisAlex18
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March 09, 2018, 08:34:38 PM
 #2470

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 your bitcoin for a long time can either give you higher profits or lower since the value is very volatile which leads us usually to higher expectation as we hold our bitcoin for a longer time. The benefits people can get from storing their bitcoin for a long time is the larger profit and the advantage of getting more income from what you got before. Just be smart and responsible while holding so that you can make the most of it.
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March 09, 2018, 09:21:59 PM
 #2471

If you want to save bitcoin really for a long time. 5-10 years it's a good idea at my opinion because bitcoins price always increasing every year and you can get good profit.

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March 12, 2018, 09:51:17 PM
 #2472

when i have bitcoin, i will sell in high price. and i take in stable price and than sell it.
i never hold for long time (except the price still low), and sell when get bitcoin.
if you save just for long time, you have 50% chance to get benefit or loss some of bitcoin, because you know bitcoin price is unstable. but if you sell in high price, and buy at low price you will get more benefit. and it can use for long time.
EnricoGomez
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March 12, 2018, 10:20:11 PM
 #2473

People save bitcoin for a long time mainly because the value of it will continue to increase and increase as time passes by.
It is evident by looking at the past vlues through the years from tge early period of rhe bitcoin and comparing it to what it is currently as many and many people gain interest and invest.
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March 12, 2018, 10:28:05 PM
 #2474

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 they think of it as an investment that will gain big profit in the future. I do admire these risk takers thinking that they can afford to lose but on the other side they surely study about it before doing such thing. They might be hoping for the huge rise of bitcoin just like last year from $4000 to $20000.

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March 13, 2018, 07:04:02 AM
 #2475

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

Come share your thoughts


Because they think of it as an investment that will gain big profit in the future. I do admire these risk takers thinking that they can afford to lose but on the other side they surely study about it before doing such thing. They might be hoping for the huge rise of bitcoin just like last year from $4000 to $20000.
I do hope for the success to happen again, we have a good trend actually as we have surpass the every success that happens in the previous
years, and as the investors and adopters are increasing, we are hoping the trend will continue so we hold no matter what.

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March 13, 2018, 07:13:47 AM
 #2476

I think what they are doing is called an investment. It could be just short term like weeks or months but there could also be long term that they will just buy some Bitcoins, hold it or even forget about it for years and then gain great profit out of it, remember those Bitcoin holder who had their coins for like $1, imagine that at one point last year it reached $19k. It pays off more than a hundred times when you hold patiently and wait for the best time to sell your coins.

it was the first time but the current comparison of the price is very different.
I do not say it's a bad trait but with them care about their assets. they can be more productive with the assets they have later on.

 
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March 13, 2018, 07:14:46 AM
 #2477

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

Come share your thoughts


Holding your Bitcoin is probably one of the most promising ways of making money from Bitcoin as Bitcoin can grows at a very fast rate and saving and holding a large amount can earn you great returns. Holding for more than can double the value of your Bitcoin so save and hold as much as you can.
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March 13, 2018, 07:30:14 AM
 #2478

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 the majority of people who truly understand the potential of bitcoin invest in it and keep it in their wallets for long term, only those who don't know it yet or are new to bitcoin panic and sell because some random comment on some random place on the internet said so.
So true.  Some also do not save their bitcoin in their wallet    maybe because they are afraid it might get lost. Especially those who are new to this, some will got excited converting it right away to fiat money for them to use. When the time comes when they will know what possibly they could get from storing their bitcoin for long time, then they will possibly have regrets for not saving them. Since the longer they store them in their wallet, the higher the chances of trading them in perfect timing when bitcoin is at its highest.
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March 13, 2018, 07:41:23 AM
 #2479

Yes right, if we are patient then we will get big profit, as we know that now bitcoin price looks stable and difficult to ride, I suggest to hold hold and buy because year-end price will reach at least $ 50k.

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March 13, 2018, 07:45:54 AM
 #2480

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 only reason people store bitcoins in their wallets over long periods of time is to make better
profits when the market is good and prices are higher. But I think most people use bitcoin as a
short term investment, because of it's ever changing price, people tend to buy low and sell high
as soon as it pumps. Though some also save some bitcoins just to make sure that if the market
still pumps more, you can still capitalize and yield more profits.
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