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Author Topic: bitcoin benefit of saving for a long time?  (Read 81791 times)
bekohkoning
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March 26, 2018, 02:35:28 PM
 #2621

if someone keep bitcoin since 2010 until now then they will get many advantages .. why? because bitcoin prices have increased significantly and if you buy now then you are selling 8-9 more years then you will also experience the same thing ..
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pungopete468
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March 26, 2018, 02:48:15 PM
 #2622

People who have bought bitcoins in the past when the price was too low have become millionaire by now and that was possible only because they saved bitcoins for a long time and even now its not too late to buy bitcoins and save it for the future as price of bitcoins will definitely skyrocket when demand will go higher and many more people will start adopting bitcoins which will led to very high price in future so the best thing would be to buy bitcoins now as price is not too high and save it for next couple of years.
forklif
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March 26, 2018, 03:10:45 PM
 #2623

People who have bought bitcoins in the past when the price was too low have become millionaire by now and that was possible only because they saved bitcoins for a long time and even now its not too late to buy bitcoins and save it for the future as price of bitcoins will definitely skyrocket when demand will go higher and many more people will start adopting bitcoins which will led to very high price in future so the best thing would be to buy bitcoins now as price is not too high and save it for next couple of years.
indeed everyone wants to have a big profit in bitcoin, they all take advantage of the moment of falling bitcoin prices by buying bitcoin, then they hold it for as long as possible until the desired price materializes and sells it.
ayamboy
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March 26, 2018, 03:21:16 PM
 #2624

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.

Yes I think the benefits of Bitcoin will remain for a long time. Bitcoin is a very valuable currency. Bitcoin gives us many benefits. For example, earn money while sitting in the house. Bitcoin is a great opportunity for the unemployed. Bitcoin also provides many profitable profits when it increases its value. Bitcoin can easily be traded through it. Bitcoin has earned a lot of money, which has given us a lot of advantages. For this benefit, Bitcoin will live forever.
Chooroz
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March 26, 2018, 03:45:22 PM
 #2625

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.
For me the benefit of saving bitcoin for long time is tha value or the price of bitcoin can increase very high, and j believe that by trusting and saving our bitcoin can surely help us to became very profitable in the future and i am sure that holding our bitcoin for long time can help us to be rich.

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Kayla
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March 26, 2018, 07:07:55 PM
 #2626

The benefits of storing bitcoin in a long time  is certainly a huge advantage. Where the previous price is very low and in a long time usually the price is much higher. But for someone who likes to trade bitcoin, they buy and sell it when they get a profit in a very short time.
This is the difference between storing bitcoin in a long time, it will get a huge profit. On one condition, the fund for investing in bitcoin is not needed in a long time or excess money.

Akupuniard
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March 26, 2018, 08:30:44 PM
 #2627

Bitcoin is always changing price but mostly rising up that means on long range we will get free profit without hardwork and other difficult stuff. Thats all.

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March 26, 2018, 09:47:12 PM
 #2628

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.

Obviously storing bitcoins and stacking it to keep on increasing will make you earn more profit in the future since the volume is keep on increasing due to the people who are keep on investing because they are also trusting bitcoins that it has a bright future.

Coleth
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March 27, 2018, 12:55:21 AM
 #2629

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 know that their investment will grow i mean double or triple one day. We are treating it as an investment like time deposit.
Gameroid
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March 27, 2018, 08:09:38 AM
 #2630

Actually i am one of those people who stored bitcoins on my wallet for long term investment. I badly need to save for my children future. And investing bitcoins is more appropriate than saving our money to the bank which only give us a little bit of interest, almost none eventually.
No doubt that saving bitcoin for long term is a good decision, specially for those people who have their day job and cannot give full time to bitcoin trading or short term investment. They just need to hold bitcoin and wait  and i am sure that they will get a good profit from bitcoin investment after some time. I myself holding bitcoin for  a long time and pretty confident about the profit that i can get from bitcoin.
kyoshiro0911
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March 28, 2018, 08:42:49 AM
 #2631

To be honest no one knows what is the full potential of bitcoins as may be tomorrow we see price of $5k and in next few months it can climb even to $10k and so on as no one knows which is the highest price of bitcoins and people will sell their coins when they are making huge profits from it and buy it back when price drops and I think that is the best way to play with your coins. Embarrassed
Elips1
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March 28, 2018, 08:56:48 AM
 #2632

The main reason for keeping the bitcoin for long time is  capital gain. People believe it will cost much more in the future as bitcoin is growing rapidly. And the best part is the amount of bitcoins is constant and can’t be more than 21 million. Thus its value will gradualy grow.
,,,Exactly, that the amount of bitcoin is constant and can't be more than 21 million. This is why we must keep the bitcoin for a long time and waiting until the price in the market will rise the value. So, it's better to keep bitcoin in the wallet  than saving money in the bank.
okwang231
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March 28, 2018, 09:10:34 AM
 #2633

yes it is true that holding or saving bitcoin for a long time can be used benefits when you mark it maybe the most beautiful topic I have read because it explains to everyone what bitcoin really is not just digital money you can well worth the benifits for your future.

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Arata
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March 28, 2018, 09:24:00 AM
 #2634

I think if it is a bitcoin it does not matter save it for a long time, because bitcoin values ​​are more stable compared to other coins. Save it for a long time with the hope that its value will increase with so much profit to be gained more and more. Many people have already proved it.
uozer
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March 28, 2018, 10:02:34 AM
 #2635

There is every tendency in all ramification to benefit from saving for a long time in Bitcoin because its volatility probability is in most cases positively high no matter how the case may be. In essence, hardly can you see anyone that had over a long years kept his Bitcoin that shall have any course to regret it.

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kyoshiro0911
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March 28, 2018, 10:38:06 AM
 #2636

I think saving bitcoin is a good idea and one of the best thing to get a higher profit and It is the most common and easy method of making big profits with bitcoin that is simply holding it for a long time. people save them because they could sell them at the highest price possible. a little risk by that person turns out to be the life-changing investment for him.

Merjay18
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April 01, 2018, 07:58:43 AM
 #2637

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

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Hi buddy this is just my own opinion, I think many are keeping and saving there bitcoins because they are waiting for the right time to invest and sell. Saving in wallets are the best way to keep the bitcoins because if you are just  keep the security of your wallet no one will  get it from you. I think they are collecting and saving bitcoins for higher profit this are most common to do to make more money.
mypat3op
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April 01, 2018, 09:49:11 AM
 #2638

some people are saving their bitcoin for a long time because they want it to grow more. i am also very positive that bitcoin will go as high as it is today. if i have the capacity i will also be saving my bitcoin. but as of today i am in need financially for the family budget. my bitcoin saving is just little.
Pujangga
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April 01, 2018, 10:04:04 AM
 #2639

Yes true, of course bitcoin is advantageous if we saving for a long time, with this fact then we must be patient to wait for the right time to sell bitcoin, do not think that buy morning and afternoon already get profit, but wait at least a year then we will get big profit .
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April 02, 2018, 05:27:47 PM
 #2640

I think saving it for a long time can have a negative and positive impact. The negatives could be that bitcoin prices go down dramatically and positively when bitcoin prices soar that we can profit by selling them or converting into local currency. Better if you keep long bitcoin don't be too long, afraid later bitcoin prices drop and you will regret, want to profit but even loss. But we must be sure that future bitcoin will keep increasing and hopefully there will be no price offspring on bitcoin.
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