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Author Topic: bitcoin benefit of saving for a long time?  (Read 81797 times)
baldur odinson
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March 22, 2018, 05:47:27 PM
 #2601

I prefer to keep long term because of the expectation that the price of bitcoin will rise very much. Even if the price drops, i consider it a bit more opportunity to buy Bitcoin. Bitcoin Long term investment is also a serious accumulation for the future.
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reverseflash
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March 23, 2018, 01:37:58 PM
 #2602

I prefer to keep long term because of the expectation that the price of bitcoin will rise very much. Even if the price drops, i consider it a bit more opportunity to buy Bitcoin. Bitcoin Long term investment is also a serious accumulation for the future.
Long-term investments are good when you have the spare cash and there are other sources of income. If you earn by means of bitcoin, that will be more correct to trade in it.
kalebb
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March 23, 2018, 01:47:22 PM
 #2603

It depends because bitcoin currency is not stable but storing it can benefit in some ways.
Lang09
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March 23, 2018, 01:48:51 PM
 #2604

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

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of course,saving bitcoin will give you benefit  you just need to save it for some time or hold it for a few years. depends on your need
you will benefit by reselling your bitcoin at a higher price?
srmecdes
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March 23, 2018, 02:47:26 PM
 #2605

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 hope you saved your bitcoin since your post date Smiley price dfference is really huge..
bitcoinsocial09
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March 23, 2018, 03:01:44 PM
 #2606

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 people store their bitcoin for a long time because the benefit that they can get is they can gain a lot of profit. It is possible that their money will be doubled or more. Because if bitcoin price will rise it is possible that their own bitcoin will rise too. It is also possible they save it because they wait for the perfect time to use it. But it is also risky because if the bitcoin price will fall it is sad to say that their own bitcoin will fall too.

kicauklaten
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March 23, 2018, 03:25:38 PM
 #2607

Some people believe that bitcoin is currency futures in the world, therefore many are saving and investing to the time it arrives and hopes the longer bitcoin has the value that will be expensive. actually quite reasonable since the development of the bitcoin getting bigger nowadays.

Hotel_Prodeo
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March 23, 2018, 03:44:03 PM
 #2608

True, bitcoin is a long-term investment so if we are patient to wait then we will get big profit, just like today many people panic when they just buy bitcoin and just hope the price skyrocket, wait at least 5 years then I sure will success and rich.


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skillink
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March 23, 2018, 07:26:33 PM
 #2609

Many expect Bitcoin price increases because initially Bitcoin can only buy pizza. But now it's so high, that's everyone's hope of Bitcoin price increases
jak3
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March 23, 2018, 08:22:23 PM
 #2610

Money savings is one type of investment in the market because if you hold some of the parents you are decreasing the supply in the market as because Bitcoin is fixed in the network so nobody can create additional Bitcoins which you holding so this results in an increase in price when many people do it together. Just take an example that when Bitcoin was first launched in 2009 it cost around $5 but today it has crossed $10,000 so if you have 200 coins from that time then you are a millionaire.
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March 23, 2018, 08:24:46 PM
 #2611

When you saving bitcoins for a long time your profit is growing without any work from you. The only one problem it will take many time and nerves.

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March 23, 2018, 11:25:32 PM
 #2612

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 benefit are obvious aren't they? by holding your bitcoin become more valuable, and without doing nothing you could be rich!, what you want more than this? only gold offer this same thing but gold is going anywhere anymore, bitcoin has a very potential to go 10x or 100x in 10 years, i'm all for bitcoin

Yeah, Bitcoin has great potential and can emerge as one of the best security with time.

It can be happen if there's a stable value of bitcoin crypto currency. Saving or holding for a long period of time is a good idea but it depends the value/price of token in the market sales.
hachimon
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March 23, 2018, 11:45:57 PM
 #2613

Of benefit is to make a profit. With bitcoin price speculation increasingly rising. With so many people interested in bitcoin, of course the bitcoin price is getting taller. By saving for a long time, very much profit is expected.
BennyK
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March 25, 2018, 04:37:15 AM
 #2614

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 is good and when saved for future use can be beneficial. It can serve as a great asset which will generate more money than even keeping a gold. Saving enough bitcoin can also serve the fortress to lean on during retirement. Anyway, you cannot save all your earned Bitcoin for future use. You must budget it in a way to spend some, save some and invest some.

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March 25, 2018, 05:09:30 AM
 #2615

Yes, if we save for a long time then we can get a big profit, when we buy bitcoin then must have a target of at least 2 years, do not check the price too often because if it goes down can make us panic and sell despite loss.


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lethargiclothaire15
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March 25, 2018, 09:49:04 AM
 #2616

People have their own reasons for keeping bitcoin in their wallets for a very long time. Probably, they bought their bitcoin for a certain price and they want to earn for a certain fold. However, the market is unstable so they are just waiting for the perfect time to trade. They maybe also keeping some bitcoin for future use. Let say, the value of bitcoin is not enough to purchase properties so they hold it for now.
burakdat
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March 25, 2018, 09:55:41 AM
 #2617

the benefit of the higher price. As the coin market price goes higher each year. if you notice bitcoin price orignally start at 0.7 $ compared today which the price goes to 8,000 usd. There is a huge difference of coin market price from the past and present. If you are positive enough to invest in bitcoin then it will be possible to earn more in investing for more than 3 years then you can expect a hugr profit to it. That is a good thing about investment especially in bitcoin. There is no reason for you not get more profit from it. Some of the members here get addicted to it.

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obinine
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March 26, 2018, 11:14:51 AM
 #2618

The holders don't seem to be obtaining profits for your information square measure|they're} learning edges on account of worth|the price} of bitcoin goes up and there's no profits in lightweight of the very fact that their money that are returning in is relying upon their purchased value thus frugal and holding bitcoin for end of the day is even, despite all the difficulty on the grounds that the conceivable profit is large and you merely have to be compelled to pause.
Hellokitty09
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March 26, 2018, 12:51:56 PM
 #2619

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 on a wallet for long time have more benefits that we can get. To reach a big profit is the main reasons why people stored it. We believe that our money will double and more. It can serve as a great asset which will generate more money than even keeping a gold. Saving enough bitcoin can also serve the fortress to lean on during retirement. Bitcoin is our saviour in everything.
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March 26, 2018, 01:22:40 PM
 #2620

Saving bitcoin for a long time is investing for good. If the value of bitcoin goes high as the time passes then the more profits people can get. But we can't always say that it will consistently goes up, there are times that the price will go down, at this time it is not an advantage to hold bitcoin for a long time.
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