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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
Jessica1234
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March 16, 2018, 04:46:58 PM
 #2561

Yes, bitcoin users intended to save their bitcoin for them to reach the high value of bitcoin. Because we all know that the value of bitcoin is not stable.
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jrrsparkles
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March 16, 2018, 05:40:12 PM
 #2562

If the OP did that what he asked to the people then he now knows what is the benefits of saving a bitcoin for long term.The price of bitcoin jumped from $1000 to $20000 in just one year but now it is at $9000 still huge return though. Smiley

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March 16, 2018, 06:38:41 PM
 #2563

Always increasing Bitcoin prices gives us a lot of profits, you do not have to work hard to make money. Just save Bitcoin and save the bitcoin that you get as much money as you can. It makes a bit of a demand of Bitcoin and Bitcoin prices goes up.
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March 17, 2018, 12:33:14 AM
 #2564

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

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Yes it has a big impact and benefited people who stored bitcoin in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market.They will sell their holdings so that profit will be earned.In the way of  holding btc

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March 17, 2018, 12:56:56 AM
 #2565

Probably the best thing right now is to hold and if possible to buy more for keeping. Think that best are for those who didn't buy anything just collected them over years with various ways, from small to big ones.
Well  there are so many benefit of saving bitcoin for long time just like the value of it can really pump x2 or even x3, and i think the other benefits of saving bitcoin for long time is even without doing anything the value of our bitcoin is we will grow.

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March 17, 2018, 02:01:24 AM
 #2566

The group of investors who are holding bitcoin for a long period of time is just hoping to see another huge price surge in the values of bitcoin, but in reality, they are also taking a huge risk in this investment as the values of bitcoin in the future is totally unpredictable.

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March 17, 2018, 02:50:23 AM
 #2567

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 benefits of storing bitcoin in our wallet for a long time is to have a higher profit when bitcoin will reach to its higher value. They are the risk takers investors. Bitcoin demand is increasing and have a positive outlooknin the future.
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March 17, 2018, 02:58:50 AM
 #2568

Probably the best thing right now is to hold and if possible to buy more for keeping. Think that best are for those who didn't buy anything just collected them over years with various ways, from small to big ones.
Well  there are so many benefit of saving bitcoin for long time just like the value of it can really pump x2 or even x3, and i think the other benefits of saving bitcoin for long time is even without doing anything the value of our bitcoin is we will grow.
by holding or storing bitcoin that's what we will get but if indeed we can not afford the loss also we can get from our own panic. it might be true to get 2-3x profit


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bilyboy
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March 17, 2018, 03:17:36 AM
 #2569

Benefit is only our expectation since it does not come yet or there is no assurance that we will have the success in the future.
As for me, I believe on the future of bitcoin so I am holding it for long term and I am now stronger now even there is a massive dump that might happen.
topleskacah
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March 17, 2018, 03:31:15 AM
 #2570

Benefit of saving Bitcoin for a long time is obviously BIG PROFIT. If you are able to buy or hold Bitcoin in the past few months and sold today then you'll sure profit a lot. It is also good to buy or hold Bitcoin with the current price today but do not get panic because sooner or later big crash will happen. Another benefits of saving Bitcoin for a long time is if you need money to pay for something but you are out of money already then you have a Bitcoin to exchange for flat.
Freshmen
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March 17, 2018, 10:41:09 AM
 #2571

Many people keep their bitcoin in wallet for long-term investment. They believe that bitcoin prices will keep going up. Therefore they do not sell them bitcoin, but save  bitcoin them bitcoin, I am also one of the bitcoin holder because I believe bitcoin prices will keep going up .
If we look at the last year and what happened with the price of the bitcoin and how it reached to the level of moon and then saw some dump. There are different lessons for the investors and biggest of all is that the price fluctuation in short time is less but in bigger time, this can have very serious consequences. Tracking the bitcoin price is a must because if it is going higher, you must not sell it but at every step define a threshold where you will sell it so that you can opt for the minimum loss. You can still purchase the bitcoin after seeing some pumps rumours.
xandra
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March 17, 2018, 01:49:24 PM
 #2572

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

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There are so many people store bitcoin in their wallet it's because they believed that it will give them more big profit if they will hold it for long term. They are just waiting for the right time to sell their bitcoin and patience is always a virtue, so if you believed in btc that it will be more profitable then hold it because that's what I've been doing too.

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March 17, 2018, 02:21:30 PM
 #2573

Of course make a profit, I envy those people who bought bitcoin at least 3 years ago...
donte872
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March 17, 2018, 05:03:33 PM
 #2574

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

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donte872
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March 17, 2018, 05:09:51 PM
 #2575

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

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donte872
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March 17, 2018, 05:12:13 PM
 #2576

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

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KrisAlex18
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March 17, 2018, 08:58:15 PM
 #2577

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

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Bitcoin has a high volatile so there is really a large possibility that your money would grow more as you save it for a long time. It is a strategic idea of the people who want to recieve more profit over time. It may sound selfish but it is where they get their extra income from. Not doing it would totally make a great impact in their lives. Let us just leave them the choice on whether they would hold it for long or not.

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March 17, 2018, 09:16:15 PM
 #2578

sometimes it's to risky to stored our invest in our wallet,we don't know if what happen in our saving because there's a lot of hacker's...there's a lot of way's to hold our investing in bitcoin to our wallet,some are success...These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have no hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet...
icoworld
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March 17, 2018, 09:19:00 PM
 #2579

I think that bitcoin is designed for such an action in order to get a big benefit over a long period of time
Dark Sky
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March 17, 2018, 09:32:18 PM
 #2580

sometimes it's to risky to stored our invest in our wallet,we don't know if what happen in our saving because there's a lot of hacker's...there's a lot of way's to hold our investing in bitcoin to our wallet,some are success...These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have no hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet...
Yes saving of bitcoin is really beneficial for them who hold their bitcoin for long time and that's why they will get huge profit, so they can perfect planing for future as like starting a business, i think many of people should invest their money because bitcoin price is increasing and that is the best time.

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