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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
yakafi
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April 02, 2018, 05:29:50 PM
 #2641

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 people save in bitcoin for long therm is right. when the price is going up, they sell it. it will be give alot benefit.
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Jose Rizal
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April 02, 2018, 05:46:25 PM
 #2642

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

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They believe it will happen cause they take risk to invest and save their money for a long time, and as a result they have gain so much by now the hardwork that they have given is well appreciated by now, since the expectation was fulfilled by this currency itself and we should be all inspored with that , to be eise with our money.

biboy
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April 02, 2018, 05:54:05 PM
 #2643

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 people save in bitcoin for long therm is right. when the price is going up, they sell it. it will be give alot benefit.
That is the right to do guys to save bitcoin for a long time, if you want to change your life after few years just like the pizza delivery boy has become right now, and don't let yourself to regret just like what you others way back 2008 on wards where in they regret why they did not hold their bitcoins.
Ayush rana
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April 02, 2018, 06:47:51 PM
 #2644

I don't think now savings bitcoins for a long term will give you a good profit. As per the new trend Coins like ETH and NEO are the two best coins in the market who are doing great. Insted of investing in bitcoin if you invest in these two coins you will get a good profit as compared to investing in bitcoin.
These two coins are the future coins.

MRlong
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April 02, 2018, 07:00:07 PM
 #2645

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.

You are conflicting with what you are explaining, positive or negative you can not explain clearly. For me, if most people hold Bitcoin and wait for Bitcoin to rise again like 2017, I'm sure the cryptocurrency market will continue in the bearish trend for a very long time. Just only when most people give up (for a few financial reasons, for example) but it is still attractive to investors, the whale will not let Bitcoin's value end as worthless. The past will be repeated as in the period 2014 - 2017.
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April 02, 2018, 07:49:03 PM
 #2646

I don't think now savings bitcoins for a long term will give you a good profit. As per the new trend Coins like ETH and NEO are the two best coins in the market who are doing great. Insted of investing in bitcoin if you invest in these two coins you will get a good profit as compared to investing in bitcoin.
These two coins are the future coins.
and yet I will give preference to the Etherium. Throughout my time I've watched this no And now I'm much more confident in my investments in eth, not in Bitcoin or the time is gone.
piter66
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April 03, 2018, 01:46:59 PM
 #2647

The holders don't seem to be obtaining profits for your knowledge area unit reading advantages on account of worth of bitcoin goes up and there's no profits in light-weight of the very fact that their money that are coming back in is relying upon their purchased value thus economical and holding bitcoin for long-term is even, despite all the difficulty on the grounds that the conceivable profit is large and you just ought to pause.
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April 03, 2018, 01:54:34 PM
 #2648

I don't think now savings bitcoins for a long term will give you a good profit. As per the new trend Coins like ETH and NEO are the two best coins in the market who are doing great. Insted of investing in bitcoin if you invest in these two coins you will get a good profit as compared to investing in bitcoin.
These two coins are the future coins.
and yet I will give preference to the Etherium. Throughout my time I've watched this no And now I'm much more confident in my investments in eth, not in Bitcoin or the time is gone.
Could be , but it is hard to say what bitcoin will develop into. With ethereum it is easy to say , so it is a smart choice.

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April 03, 2018, 02:03:16 PM
 #2649

Because of the unstable value of bitcoin, many people have long stored bitcoins in bitcoins, whose value is increasing year by year, and potentially huge potential.

As the value of bitcoin goes up, those who keep their bitcoins in their wallets for years are sure to reap the benefits.
right, many people have been storing bitcoin for a long time and they use bitcoin as an investment that will continue to grow from year to year and will experience much improvement for the next year
Galahad111
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April 03, 2018, 02:06:04 PM
 #2650

Yes everyone knows this thing for sure. Most of us are here to invest our collected coins because we can see that saving bitcoin if beneficial and will make you reach your dreams, and helps your financial problems.
I think those who are saving their bitcoins for longer time are known from the fact that they will earn a profit in the future when the price of bitcoin will increase. With the passage of time the users of bitcoin increases increasing the demand and so with the increasing demand the price of it increases which give the expected profit to the users.
human2021
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April 03, 2018, 02:48:53 PM
 #2651

Yeah it will surely benefit you if you can save it for a long time as price keeps on going higher and higher so if you manage to save them for next few years then it can bring best profits for you.
NorihiroName
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April 03, 2018, 02:58:54 PM
 #2652

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 believe that price will hit high points for sure; also it's logical that they don't sell it for current prices.

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April 03, 2018, 03:07:52 PM
 #2653

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

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In saving for a long time, you have lots of benefits that you may possibly get. First is, you can have a larger earnings. The long you hold the higher chance of having large value of bitcoin. You just choose whether the value is enough for you or you are wanting for more. Another, it is good for future expenses or future needs. It can bring large profit for you and for your family.

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Galahad111
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April 03, 2018, 03:23:06 PM
 #2654

It's really a good thing to keep bitcoins for a long time because during the long course of period of holding on to it, the price exchange would have increased, turning it to a huge profit. Unless one has a huge need to use the bitcoins they have at the moment, saving it is much better.

Working a regular job allows you to get more Bitcoin and you can also make more fiat while paying your bills as well. I guess that most people on this forum like to just sit around on their computer waiting for money to jump inside their pockets. Well, I am here to tell you that those things usually don't happen often so I would suggest that you get to work soon before the price of Bitcoin goes up in value.
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April 03, 2018, 04:49:18 PM
 #2655

Yes true, bitcoin is more profitable if we keep for a long time, and I hope that all bitcoin users do not panic when the price drops, it is a good opportunity to buy because we can get a cheap price.

Krispin47
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April 03, 2018, 04:53:39 PM
 #2656

Yeah it will surely benefit you if you can save it for a long time as price keeps on going higher and higher so if you manage to save them for next few years then it can bring best profits for you.
A good trader must equip patience to themselves for them to achieve their expected price or income in a particular holding. The longer time you will hold it the bigger possibility that your income will be double up or even tripled up. As the time passes by many investors encourage to invest so because of that the demand of bitcoin is rising up so the price also.
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April 03, 2018, 11:52:31 PM
 #2657

Bitcoin is good for longterm investment. But it is also good to use or to sell it during its peak. Then rebuying it again when the price crashes. 
My bitcoin investment has doubled since I sold my BTC at 19k, now I am rebought BTC again using the money I earned the time I sold Bitcoin to 19k. So I got a huge 2x profit.

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

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syahdurindu
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April 03, 2018, 11:59:43 PM
 #2658

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

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their goal of storing bitcoin in their wallets for a long time is to have a high price, so if they sell it later, it will be very profitable. actually holding back in the long run does not promise to earn that much profit, because we do not know when bitcoin has a high price.

willybacem
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April 04, 2018, 12:10:21 AM
 #2659

No one can guess with certainty that the bitcoin price will later rise to a fantastic price. But this is only part of the analysis of investors that bitcoin will rise in price for the various reasons it carries. And it could be true later. They have tried to fight for bitcoin life with a lot of support that is here. With a lot of bitcoin support will continue to survive and the price can go up. Benefits to be obtained by them, of course, they will get a lot of money from the investment-saving bitcoin that they store in their own wallet.
cahbagus555
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April 04, 2018, 12:23:38 AM
 #2660

Holding bitcoin is very profitable. Imagine if we holding bitcoin from 2011, we can buy bitcoin on that year with low price and bitcoin price right now become expensive. I am believe that holding bitcoin for long time is profitable and time will pay us well

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