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Author Topic: bitcoin benefit of saving for a long time?  (Read 81779 times)
azguard
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March 30, 2017, 07:20:12 AM
 #281

In spite of the fact that there are a lot of bad news around bitcoin, I am sure that it is profitable to keep coins for a long time. I hope that the cost of bitcoin will increase significantly in a few years thanks to the popularization and growth of demand

What are the bad news about bitcoin you are mentioning? or maybe you are talking about bitcoin issues? Saving for a long time with bitcoin is going to be profitable, the proof of it are the charts, the history of bitcoin is good and we can say that it is very good if you will hold. It depends on how long you want to hold it.

I can remember when i last time read something bad or even heard here. Saving is for now best option and hope to see it good to be in next period. Bitcoin has evolved nice and hopping to see him grow much higher dont expect nothing big this year think that he already done it, maybe just some speculated in some topic here we might hit new high at the jun-july but no before that. Holding at the moment is good thing maybe some small amount of investing in some other coin or just save it both option are good.



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March 30, 2017, 07:52:38 AM
 #282

In spite of the fact that there are a lot of bad news around bitcoin, I am sure that it is profitable to keep coins for a long time. I hope that the cost of bitcoin will increase significantly in a few years thanks to the popularization and growth of demand

What are the bad news about bitcoin you are mentioning? or maybe you are talking about bitcoin issues? Saving for a long time with bitcoin is going to be profitable, the proof of it are the charts, the history of bitcoin is good and we can say that it is very good if you will hold. It depends on how long you want to hold it.

Yes that's right. If you're patient enough, profit will come to you with btc. Just imagine if we've thought about this when bitcoin was just starting and we trusted btc that much. We could've been rich in the next 5years if we managed to save around 100 btc then

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March 30, 2017, 03:11:06 PM
 #283

In spite of the fact that there are a lot of bad news around bitcoin, I am sure that it is profitable to keep coins for a long time. I hope that the cost of bitcoin will increase significantly in a few years thanks to the popularization and growth of demand

What do you mean a lot of bad news around bitcoin? It seems that there are nothing wrong with bitcoin right now and the one that occur recently is about the transaction fee which is already subside so I think there is nothing wrong right now on bitcoin. And by saving actually it can't guarantee that it will benefit for us but usually it said the more rare the items the higher cost of it. So it will need to get halving time before the price is going to be rise again

You mean to say only halving can take price higher? I don't think so as you can clearly see even after the ETF rejection price has started to rise slowly which clearly suggests that people have faith in bitcoins and whatever bad news comes people will continue to invest their money in bitcoins.

Halving may play as a factor for Bitcoin to increase in price because of the fact that the reward will be smaller thus  the new coin that will appear in the market will be cut in half.  Demand and supply can apply to this.  Same demand , less supply definitely means the price will increase.  And holding Bitcoin for a long time is beneficial in this kind of scenario.
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.
I personally lost all trust in what other people who claim to be experts, every time they say something the total opposite happens, just a couple of days earlier I read an article about bitcoin going down maybe to 800 in the next week and look at it now it is recovering, I recommend to just not listen to any news about how the prices change because no has control over it.
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March 30, 2017, 03:24:47 PM
 #284

I dont think of anytjing yet but just the value and price of it that I really want.
If it will give more in the future then why not.
Like being rhe main currency online or even at personal trades.
Although the person to person trade is not much done now. I think it will change somehow when the technology in every country will be upgraded. Good thing is we are ready and already have bitcoins and knew how to work it out.

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March 30, 2017, 03:36:41 PM
 #285

The benefit of saving Bitcoin for long time, Bitcoin can protect me from silently robbing of purchasing power
 there are not inflation on bitcoin, it is mean bitcoin is good place for put values of whealty than in fiat
with bitcoin will increase our values of whealty in the future.

Yes. I agree with you, bitcoin is not subject to inflation. And it will not be so devalued as Fiat. But we also need to remember that keeping the bitcoins is a risk. Therefore, you always need to learn the news and follow the course
Of course yes, I am always learning about new technology, innovations and other updating about bitcoin and related with digital coins, that is why I am active on bitcointalk because the best source informations on here, and I have made calculating about risk before investing into bitcoin.

Doing an investment indeed gives a pretty good impact to our lives. But it does before making any investment we should be able to analyze well and see some of the possibilities that will happen, because without the preparation of mature then any investments made will be less comfortable. Because right now it's a lot of investments that commit fraud. Specifically for bitcoin I think there is no need to do so, because it is the development of the bitcoin is always at a good level.
 
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March 31, 2017, 04:05:50 AM
 #286

Everyone 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.

We can not say this for sure, the demanda is coming from the people instead of that, we need to expose bitcoin to everyone not exceptance. If people follow this, I am sure the demand will increase rapidly and soon the halving time is near. This is really benefit for us in a long term, but still it is just prediction and worth to try
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March 31, 2017, 05:41:24 AM
 #287

In spite of the fact that there are a lot of bad news around bitcoin, I am sure that it is profitable to keep coins for a long time. I hope that the cost of bitcoin will increase significantly in a few years thanks to the popularization and growth of demand

What are the bad news about bitcoin you are mentioning? or maybe you are talking about bitcoin issues? Saving for a long time with bitcoin is going to be profitable, the proof of it are the charts, the history of bitcoin is good and we can say that it is very good if you will hold. It depends on how long you want to hold it.

Yes that's right. If you're patient enough, profit will come to you with btc. Just imagine if we've thought about this when bitcoin was just starting and we trusted btc that much. We could've been rich in the next 5years if we managed to save around 100 btc then

Yeah that's true if we just know bitcoin earlier way back then probably we are already rich but that's enough with the regret. We are in the current place where we know bitcoin lately and still it's not that late and if you are going to follow those follow that did hold a lot of bitcoins up to know, we will be having the same result with them.

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March 31, 2017, 05:53:43 AM
 #288

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

Come share your thoughts

Actually to get  Profit by hold bitcoin in the wallet for long times depends upon the time when you bought the bitcoin . Because if you already bought the bitcoin , when bitcoin was at highest peak then you will expect to get Profit to hold for long time , then I think it is much tough for that person to get a small profit .
So here if anyone​ want to make earning then he needed to make buy the bitcoin when the price was very less level other instead to hold it is more better that he should make trade with that bitcoin that he bought at high price .

Am I spamming? Report me!
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March 31, 2017, 05:59:37 AM
 #289

In spite of the fact that there are a lot of bad news around bitcoin, I am sure that it is profitable to keep coins for a long time. I hope that the cost of bitcoin will increase significantly in a few years thanks to the popularization and growth of demand

What are the bad news about bitcoin you are mentioning? or maybe you are talking about bitcoin issues? Saving for a long time with bitcoin is going to be profitable, the proof of it are the charts, the history of bitcoin is good and we can say that it is very good if you will hold. It depends on how long you want to hold it.

Yes that's right. If you're patient enough, profit will come to you with btc. Just imagine if we've thought about this when bitcoin was just starting and we trusted btc that much. We could've been rich in the next 5years if we managed to save around 100 btc then

Yeah that's true if we just know bitcoin earlier way back then probably we are already rich but that's enough with the regret. We are in the current place where we know bitcoin lately and still it's not that late and if you are going to follow those follow that did hold a lot of bitcoins up to know, we will be having the same result with them.
I doubt if we will be rich now because I have a feeling that majority of us will just sell right away when we see a very good price.
Let's be realistic and move on, the past should be forgotten already and face the real situation now, I'm sure there are still more rooms to grow for bitcoin.
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March 31, 2017, 06:24:19 AM
 #290

Its very natural to dump the coins when they want to sell it just to make profits especially newbies. Still bitcoin benefit of saving for a long time just like we have achieve this year the ATH and it is possible to make another for the rest of the months...
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March 31, 2017, 07:34:55 AM
 #291

In spite of the fact that there are a lot of bad news around bitcoin, I am sure that it is profitable to keep coins for a long time. I hope that the cost of bitcoin will increase significantly in a few years thanks to the popularization and growth of demand

What are the bad news about bitcoin you are mentioning? or maybe you are talking about bitcoin issues? Saving for a long time with bitcoin is going to be profitable, the proof of it are the charts, the history of bitcoin is good and we can say that it is very good if you will hold. It depends on how long you want to hold it.

Yes that's right. If you're patient enough, profit will come to you with btc. Just imagine if we've thought about this when bitcoin was just starting and we trusted btc that much. We could've been rich in the next 5years if we managed to save around 100 btc then

Yeah that's true if we just know bitcoin earlier way back then probably we are already rich but that's enough with the regret. We are in the current place where we know bitcoin lately and still it's not that late and if you are going to follow those follow that did hold a lot of bitcoins up to know, we will be having the same result with them.
I doubt if we will be rich now because I have a feeling that majority of us will just sell right away when we see a very good price.
Let's be realistic and move on, the past should be forgotten already and face the real situation now, I'm sure there are still more rooms to grow for bitcoin.

It's given that majority of us will just sell some of our coins but as long as the demand is high still we will keep some of it. And will keep on holding and do the same thing as usual of buying and selling, it's a normal thing already to us. If we see that the price seems to be low, then just sell some of it and when it's up after the long wait, just sell.

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March 31, 2017, 11:00:35 AM
 #292

I will say that some % of your saving should be invested in bitcoin which will help you to retire a rich life as price of btc is rising and tends to rise in future as well.

bitcoin is a commodity that has a bright future so I think it's good if you leave a few percent of your salary and put it in bitcoin. in a few years. I'm sure it would be profitable
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March 31, 2017, 11:08:31 AM
 #293

Saving bitcoins will benefit us in the long-term, but it is not the right way to keep on waiting for the big price. Better look for 25% profit on your investment. When bitcoin price reduces again, you can bitcoins and sell them at a higher price.
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March 31, 2017, 11:34:35 AM
 #294

In spite of the fact that there are a lot of bad news around bitcoin, I am sure that it is profitable to keep coins for a long time. I hope that the cost of bitcoin will increase significantly in a few years thanks to the popularization and growth of demand

What do you mean a lot of bad news around bitcoin? It seems that there are nothing wrong with bitcoin right now and the one that occur recently is about the transaction fee which is already subside so I think there is nothing wrong right now on bitcoin. And by saving actually it can't guarantee that it will benefit for us but usually it said the more rare the items the higher cost of it. So it will need to get halving time before the price is going to be rise again

You mean to say only halving can take price higher? I don't think so as you can clearly see even after the ETF rejection price has started to rise slowly which clearly suggests that people have faith in bitcoins and whatever bad news comes people will continue to invest their money in bitcoins.

Halving may play as a factor for Bitcoin to increase in price because of the fact that the reward will be smaller thus  the new coin that will appear in the market will be cut in half.  Demand and supply can apply to this.  Same demand , less supply definitely means the price will increase.  And holding Bitcoin for a long time is beneficial in this kind of scenario.
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.
I personally lost all trust in what other people who claim to be experts, every time they say something the total opposite happens, just a couple of days earlier I read an article about bitcoin going down maybe to 800 in the next week and look at it now it is recovering, I recommend to just not listen to any news about how the prices change because no has control over it

You should certainly keep away from what mass media talks about future price changes

Nevertheless, you may still find very valuable pieces of specific information in various places. For example, before the majority of the Chinese exchanges officially announced the moratorium on Bitcoin withdrawals and deposits (as well as other cryptocurrencies), folks in trollboxes at a few exchanges had been complaining that they couldn't withdraw their coins from Chinese exchanges, and it quickly became known between traders that the exchanges in question had been given an order from the PBoC to suspend all Bitcoin withdrawals and deposits. On the next day Bitcoin price crashed. And I posted this information here on the eve of that very day

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March 31, 2017, 07:26:38 PM
 #295

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

Come share your thoughts


The people who are involved with bitcoin, and keeping it long term, know what they are getting into and are ready for such outcome with recourse to whether making a winning or making a loss and there is no amount of what will say that will make them change their because they believe they will make a wealth out of that decision of theirs as I have friends to with the same ideology in which I dont even have anything against such commitment to bitcoin.




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March 31, 2017, 08:33:27 PM
Last edit: April 01, 2017, 02:26:08 PM by el kaka22
 #296

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

Come share your thoughts


The people who are involved with bitcoin, and keeping it long term, know what they are getting into and are ready for such outcome with recourse to whether making a winning or making a loss and there is no amount of what will say that will make them change their because they believe they will make a wealth out of that decision of theirs as I have friends to with the same ideology in which I dont even have anything against such commitment to bitcoin.
No wonder because mass number of people will not go wrong. Probably individuals or some small group of people may take wrong assumptions but people from around the globe will not believe into something without enough reasons.

To maximise the benefits we could get from saving bitcoin for a long time, we must introduce bitcoin to our nears and dears. Making them understand the potential of bitcoin will definitely get possibilities of win-win situation for all of us. Just saving bitcoin for long time will not help as per present situations, we must work on spreading awareness on bitcoin ecosystem.


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March 31, 2017, 08:58:11 PM
 #297

Saving bitcoins for a long time have a major benefit. Suppose in 2010 the bitcoin price was $1 and now its $1040 so the investment has paid 1000 times and in only 7 years, where can you find a better investment than this??
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March 31, 2017, 10:01:01 PM
 #298

I will say that some % of your saving should be invested in bitcoin which will help you to retire a rich life as price of btc is rising and tends to rise in future as well.
It is not a written rule that you will be rich if you are investing in bitcoin.The price has already peeked and i do hope that the price could rally from this situation but the risk of investing at this time is much higher than people who have invested in it in the beginning.

Saving bitcoins for a long time have a major benefit. Suppose in 2010 the bitcoin price was $1 and now its $1040 so the investment has paid 1000 times and in only 7 years, where can you find a better investment than this??
It is true that you wont be able to find this kind of returns in any investment and people who took the opportunity made a good fortune.



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Pattart
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April 01, 2017, 12:14:10 AM
 #299

Its very natural to dump the coins when they want to sell it just to make profits especially newbies. Still bitcoin benefit of saving for a long time just like we have achieve this year the ATH and it is possible to make another for the rest of the months...
I think all the users already know that bitcoin hold them within a certain time to make their profit. so do I.
I keep bitcoin in a certain time to profit
X-ray
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April 01, 2017, 02:29:10 AM
 #300

Everyone 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.

We can not say this for sure, the demanda is coming from the people instead of that, we need to expose bitcoin to everyone not exceptance. If people follow this, I am sure the demand will increase rapidly and soon the halving time is near. This is really benefit for us in a long term, but still it is just prediction and worth to try
Can you? With the scalability problem and looks like very risky for you to introduce the bitcoin to the unfamiliar person. i can say they will judge the bitcoin itself caused by the scalability problems makes the transaction really slower.
Don't too rush for introduce the bitcoin right now.

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