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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
bitzizzix
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April 16, 2018, 04:28:56 AM
 #2741

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 reason they keep bitcoin longer is, so they can generate huge profits. I think it's very effective to make big profits and make it rich, but it has to be backed up with the user situation because if they just rely on bitcoin without having a steady job definitely bitcoin will be used for everyday needs and will not breed. but if you have a regular worker or a steady income, I'm sure bitcoin will multiply or multiply and will make them rich

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DarkIT
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April 16, 2018, 04:43:35 AM
 #2742

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 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.
well, many people have felt that storing bitcoin for a long time can make a pretty good profit. it's just that we can not wait for that, in fact, when the price becomes dump, everyone thinks to sell it quickly. try to save for a long time, I've proven it.


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April 16, 2018, 04:46:30 AM
 #2743

Because people know that bitcoin is valuable, it is only by comparing potential and current market conditions. Both agree that the longer the time, the higher the price.

But I think bitcoin is volatile, as long as we can sell it when we think the price is right.
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April 16, 2018, 05:09:28 AM
 #2744

I think because they know if bitcoin is valuable and can give a lots of profit by hold and selling bitcoin.
and bitcoin can make people be come rich.
hanters
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April 16, 2018, 05:20:43 AM
 #2745

In my opinion, because they believe the bitcoin price will increase in the long time. With a high price, automatically those who save for a long time, will generate big profits. A fairness if it is done by someone. I also hope the bitcoin will go up and hopefully more and more people are using bitcoin.
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April 16, 2018, 05:29:56 AM
 #2746

If you look at the prices of Crypto two years ago, I would had been disappointed in myself if I did not hold my earnings and spent it on things that are obsolete now.

Crypto can make you a lot of money, if you're lucky. But it's not like having the money in fiat where it won't just become more valuable.
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April 16, 2018, 07:00:12 AM
 #2747

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 think in the time that the thought that has long seen the rating from 4 years ago until now is a very profitable appearance and bitcoin prospects the higher time to time but the traffic in each year there is a decrease of 100% to 50% at the beginning of the year to the middle the years of bitcoin traffic start rising up to 180 degrees and that's very profitable, now the profit is pretty big but looking at the bitcoin history is likely to experience a very drastic increase, and I remind again when many people who have bitcoin and just save and will result the bitcoin scarcity and the investor may switch to another coin, and I urge a bit of bitcoin to accelerate the bitcoin itself even though it increases slightly but will continue to rise so that the profits will be greater when the seller sells the bitcoin
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April 16, 2018, 11:03:19 AM
 #2748

Yes bitcoin has a big benefits when it saves for a long time that's always people say when you are a newbie in this kind of business that's why I keep my coins in my wallet for a long time it took almost 2 months right now. And I'm preparing myself for my big break to come this year as I see bitcoin starting to increase it's price right now.
A long term investment is a life time investment. This is true in the case of Bitcoin. Investing in the coin and holding it for long has been a strategy of the current Bitcoin billionaires. The Twins brother invested in the technology after suing Mark in 2009 and invested 10million dollars for $149 per coin. In the end of 2017, the value per coin was $20k. This is the fruit of long term investment.

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April 16, 2018, 11:33:17 AM
 #2749

Those who keep their bitcoins will benefit in the long run. Bitcoin targets growth in price! Especially great benefit will receive or have already received those who bought bitcoins at the beginning!
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April 16, 2018, 01:17:09 PM
 #2750

A person who is able to invest in long-term bitcoin would make it possible for them to succeed because the price movement is very fast and in the next few years bitcoin can peak.

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April 16, 2018, 01:24:11 PM
 #2751

People save bitcoin in their wallet for them to save their money at the same time they gain profits on putting or storing their money into wallet.actually I really do the same way due to I believe that the price of bitcoin will grow more than what we have now and for sure everyone that stores their money believe on that same way.
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April 16, 2018, 04:09:45 PM
 #2752

People save bitcoin in their wallet for them to save their money at the same time they gain profits on putting or storing their money into wallet.actually I really do the same way due to I believe that the price of bitcoin will grow more than what we have now and for sure everyone that stores their money believe on that same way.
If you have this much patience level that you can hold all the bitcoins which you are having in your wallet for some very good period of time, then can assure you that you will be having much more amount of money at that time than you can even think of. The market value of bitcoin is going up and it will continue to do so and if you managed to control your nerve, you will be rich.

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April 16, 2018, 04:35:03 PM
 #2753

People save bitcoin in their wallet for them to save their money at the same time they gain profits on putting or storing their money into wallet.actually I really do the same way due to I believe that the price of bitcoin will grow more than what we have now and for sure everyone that stores their money believe on that same way.
If you have this much patience level that you can hold all the bitcoins which you are having in your wallet for some very good period of time, then can assure you that you will be having much more amount of money at that time than you can even think of. The market value of bitcoin is going up and it will continue to do so and if you managed to control your nerve, you will be rich.

not all hodlers are always ended up getting rich but rather most of them are infact failed and didnt get the result that they always wanted because they are lacking of confidence and patience as well to keep on hodling. they didnt get the real benefits of saving for a long time because they are already contented with the current numbers that they see.  however , we can still get the benefits from bitcoin on which is earning a descent amount of cash even though we didnt invest or save for a longer time . Instead  we could earn them on working hard online thru some profitable jobs.

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April 16, 2018, 04:45:43 PM
 #2754

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 a digital currency and you can use it just like credit cards and the prices is keep on increasing in the market due to the demand of investors so we can say that bitcoin is really good for long term investment so always invest if you have a money to spare.
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April 16, 2018, 06:56:31 PM
 #2755

If you look at the prices of Crypto two years ago, I would had been disappointed in myself if I did not hold my earnings and spent it on things that are obsolete now.

Crypto can make you a lot of money, if you're lucky. But it's not like having the money in fiat where it won't just become more valuable.
Saving long term is always benificial and one who is 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 and still a lot of room is available on it.

And on the other hand Regarding news about bitcoin, according to experts, we should observe only a positive trend of bitcoin growth throughout this year. But there may be some moments related to the manipulation of whales and traders in the market by crypto currency. Then the price jumps are possible.
Saving bitcoin for a long time is no doubt too much beneficial, i think that those people who hare holding their bitcoins for a long time even now they can get a very good profit from it, I think that if they will continue holding their bitcoin for few more days i am sure that it will even give them much more profit. So we can say that in current time the best decision will be if we hold our bitcoin for a long time and do not sell it.
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April 16, 2018, 07:07:29 PM
 #2756

A person who is able to invest in long-term bitcoin would make it possible for them to succeed because the price movement is very fast and in the next few years bitcoin can peak.
Yeah price of bitcoin is increasing more and more so bitcoin should be bought right now by the investors. Bitcoin has a lot of benefits but we will have to wait till the price gets more than double, bitcoin is improving in price only because demand of bitcoin is increasing now. We can store a lot of bitcoin in our bitcoin wallet which will increase in price and at the end we will get profit from it,  buy now and hold with patience is the key of success for bitcoin users, it will secure your future and your money will grow double with time.
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April 16, 2018, 09:01:38 PM
 #2757

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

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People are holding it for long time because trust bitcoin it will raise and dump up again. The benefits you get that if wait for long time and your profit increases for double of triple and best benefits of it because you wait for too long and it is worth it to wait.
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April 16, 2018, 10:24:26 PM
 #2758

You know that's good...  Saving money for long time...  It just like also you are saving money in the bank.  In Bitcoin if it store in the wallet for a period of time especially if you didn't get it... It will surely earn a lots of profit just like our real money in the bank...  But compare in bitcoin there are a lots of chances that you will earn here.... Just try to keep even a litle amount of btc in your wallet and surely it will double its value...
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April 16, 2018, 10:42:21 PM
 #2759

It's very likely that it is so. Moreover, that looks like it's the best tactic for all decent currencies.

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April 16, 2018, 10:44:59 PM
 #2760

Bitcoin benefit saving for a long time you must look at the price value of it gradually increases.Maybe one day it would be as high as we all know.
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