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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
Watashi Yamashita
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April 14, 2018, 11:21:59 AM
 #2721

Bitcoin is volatile. Its price flies very high and expectedly drops down any moment, any time. People keep their bitcoins for a long time until it reach the higher price of it or the peek of increase in bitcoin. As it reach its peek, the people then will sell their bitcoins for a higher profit.

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April 14, 2018, 11:24:32 AM
 #2722

Someone will make a profit on this market, and someone loss. This is a game where the winners are changed on a losers.
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April 14, 2018, 12:23:44 PM
 #2723

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

Come share your thoughts

This question is for those people who is patient and willing to wait just for their future,. for sure those who are save their bitcoins will be rich in just a matter of time. goodluck

If you look at long-term trends, if you hold long enough, the price will come back up again. Unless something very serious happens. What to do with anything? Of course, this is a very volatile currency,
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April 14, 2018, 01:10:50 PM
 #2724

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  as time goes by bitcoin price is getting  higher. 
That's  why many investors  store their bitcoin in their wallet and wait to get profit in it .
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April 14, 2018, 01:12:58 PM
Last edit: April 16, 2018, 10:48:49 PM by tamarindbleu
 #2725

In my opinion, many people stack the coins for a long time to hope that the chart will reach their desired price so they can earn the profit.
But in other cases, there are some people stacking their coins to be deposited in the future.
Almost all people here in cryptp is keep there bitcoin for long time because they know that thee value or the price of bitcoin can rise really high in the future, and people dont want to sell there bitcoin  with a lower price because the future price of bitcoin can be more than $20k.
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April 14, 2018, 01:16:15 PM
 #2726

I think the longer you let the time duration go forward, the chances of getting a lot of Satoshi / bitcoin will get bigger.
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April 14, 2018, 01:27:24 PM
 #2727

The only bad thing to save is that you wont be able to grow your coins with time, something you can do if you do trading, and does expose your coins at some risk. The people wich bought bitcoins under 1000 dollars can already sell if havent with an amazing result, but why to sell something that all know and does speculate to keep growing all years, it just makes no sense, unless you need money.
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April 14, 2018, 01:29:05 PM
 #2728

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

Come share your thoughts

This question is for those people who is patient and willing to wait just for their future,. for sure those who are save their bitcoins will be rich in just a matter of time. goodluck

If you look at long-term trends, if you hold long enough, the price will come back up again. Unless something very serious happens. What to do with anything? Of course, this is a very volatile currency,
If you are the person holding the bitcoin when it is priced 9k. And when the market goes down do you keep it? If it was me, I would not hold it. I will sell what I have so that I can buy it at a lower price. That's how I invested.
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April 14, 2018, 02:01:14 PM
 #2729

Some people stores their bitcoin to save because they wait for the right time when the amount reach high amount. Also some are saving it so that if they need money because of any kind of emergency, they can get it from their bitcoin and do not  need to borrow from other people. And also it will make you feel at ease if you know that you still have money, stock in wallet.
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April 14, 2018, 02:39:25 PM
 #2730

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

Come share your thoughts

I do not think it is possible to keep Bitcoin and take profits for a long time, given the current market situation. Bitcoin currency fluctuates at different rates; it can be said that this currency is trending with the home. Also, many believe that this currency is the savior and will change humanity.

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April 14, 2018, 02:48:20 PM
 #2731

Some people stores their bitcoin to save because they wait for the right time when the amount reach high amount. Also some are saving it so that if they need money because of any kind of emergency, they can get it from their bitcoin and do not  need to borrow from other people. And also it will make you feel at ease if you know that you still have money, stock in wallet.
It would be a good idea for those who don't have much time to do bitcoin trading  so saving would be enough to do so. Let us be inspire for those people who have save for a year or more that they have earn a lot from just simple holding.

LooBaao
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April 14, 2018, 03:13:11 PM
 #2732

It is expected that in the coming years or months, the price of BTC will increase. I hear many say that by the end of 2018 will be a time of price boom of the altcoin. So keep the BTC should not rush to sell. But in my opinion this is probably not true, as the market is too bleak. There is no reason why the BTC so high.
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April 14, 2018, 03:34:01 PM
 #2733

Those people who are bought bitcoin last few years ago and Until now they hold their bitcoin because they believe bitcoin is good to hold for few years or for longtime are earn a lot of money . Because for me better to hold bitcoin for longterm because this is the purpose of crearing this coin for longterm investment. But it depends to you if you think better to hold for short time only.



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Rainbot
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April 15, 2018, 05:18:45 PM
 #2734

Many of us knows bitcoin for a long time has the capacity to save the bitcoin. For the reason they can be earned profit by hold and selling bitcoin. As the price is fluctuating even if below 8000$ it will rise again.

this moment is very suitable for earning on the difference in price. I'm not going to move away from bitcoins, but the current situation needs to be used for good.
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April 15, 2018, 06:05:03 PM
 #2735

I think yes may be bitcoin save for a long time if we believe it, if there's a believer there just a users and donators ,and I hope to save for a long time.
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April 15, 2018, 06:06:39 PM
 #2736

I think for this he is intended in the short-term perspective, he is not very profitable as for me
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April 15, 2018, 07:30:05 PM
 #2737

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

Come share your thoughts


yes bitcoin is a good potential to save a money because no one can steal your bitcoin. Its better to have a saving for a long time because the value of bitcoin will increase. when the price is become higher and higher thats the time you will make it convert into a cash. so that your money become double or tripple.
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April 15, 2018, 07:52:17 PM
 #2738

If we will have Bitcoin for a long-term savings then we can add inflation and make more money because Bitcoin prices will always be going up and adding more money to our money in the future.
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April 16, 2018, 04:14:42 AM
 #2739

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

Come share your thoughts

This question is for those people who is patient and willing to wait just for their future,. for sure those who are save their bitcoins will be rich in just a matter of time. goodluck

If you look at long-term trends, if you hold long enough, the price will come back up again. Unless something very serious happens. What to do with anything? Of course, this is a very volatile currency,
If you are the person holding the bitcoin when it is priced 9k. And when the market goes down do you keep it? If it was me, I would not hold it. I will sell what I have so that I can buy it at a lower price. That's how I invested.
Yes to invest in bitcoin and hold for the long time will give you high profit and you will become very rich within few days, there are a lot of benefits for saving bitcoin as long time investment as when bitcoin was invested it was not that high in price but we time passed bitcoin got more and more famous which made the price go high and high, people use to save their bitcoin because it get more value with the time for holding and investing at very huge level.

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April 16, 2018, 04:17:32 AM
 #2740

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

Come share your thoughts


Many people store their bitcoin for a long time, because they say that they can get good profit from it when its price skyrocketed in the future.
Me, I am working to get bitcoin so that I can save it for my kids future.
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