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Author Topic: bitcoin benefit of saving for a long time?  (Read 82240 times)
yellow1
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June 09, 2017, 01:41:22 PM
 #661

The benefits for a long time is you can earn big profit. Many benefits of bitcoin when we hold for the long term. And if we need of money in case of emergency we have something to get in our savings. In holding bitcoin it has a chance that the price is become high and we have an opportunity to sell  and use if the bitcoin is a high value. We cannot predict the price but its good to keep in long term our bitcoin because this is kind of investment. It don't need to hurry to sell our bitcoin because bitcoin is an investment and savings. The importance is we have a bitcoin for savings.
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June 09, 2017, 01:51:07 PM
 #662

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 reason why it is better to store your bitcoin for a long time because it is less risky compared to online transaction. And yet, I think because as we experience bitcoins price is became high day by day so there's a possibility that its value became enormous in the near future.



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Rainbot
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June 09, 2017, 03:40:41 PM
 #663

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 reason why it is better to store your bitcoin for a long time because it is less risky compared to online transaction. And yet, I think because as we experience bitcoins price is became high day by day so there's a possibility that its value became enormous in the near future.

Very well said.  I agree that storing our bitcoins to our wallet is way better and much safer compared to other transaction.  And considering the high price of bitcoin right now, it is much better to keep it and wait for the continuous hiking of its price.  I will never withdraw or spent anynof my bitcoin from now on.
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June 09, 2017, 03:48:41 PM
 #664

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

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I think the benefit they get by storing bitcoin in the wallet is a safe investment.
And if bitcoin prices reach a climax, they can benefit from that investment.
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June 09, 2017, 03:48:56 PM
 #665

The benifit of saving Bitcoin for a long time is that your investment will multiply many many times and it can turn out to be the best investment of your life. If Bitcoin continues to grow at this rate, it will reach 4000 by end of this year.
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June 09, 2017, 04:26:23 PM
 #666

Yes many of the bitcoin holder saying it to the beginners,, they said if you just hold in your bitcoins it can make you more profits example a year ago you bought some bitcoin and then sell today the money that you just spent that time will sure double.
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June 09, 2017, 04:49:32 PM
 #667

Try to collect some funds > buy bitcoin >  keep holding on that bitcoin and then, when the right time come you can sell it on very high price that is the benifit of collecting and keeping some bitcoin now a days.

The benefit of holding bitcoin for a long time can be fully enjoyed right now. There was a sudden increase in the equivalent price of bitcoin which serves as an advantage for those who have save bitcoin. It is the time that those people have been waiting for. I have experienced a time where the price of bitcoin is low when at the same time, I was in a campaign. I tell myself to be contented and be happy that I have got a chance to be accepted in a campaign at that time because most of the campaigns are full.
   
I have save my earnings and I can tell you that when the price of a bitcoin became more than 100K, all the hardships and all those sleepless nights felt so worth it.

I can choose whether to convert it now and cash it out or still hold if for future purposes. I can also try investing but I have doubts that I can find a good site to invest in.
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June 09, 2017, 05:09:07 PM
 #668

Yes many of the bitcoin holder saying it to the beginners,, they said if you just hold in your bitcoins it can make you more profits example a year ago you bought some bitcoin and then sell today the money that you just spent that time will sure double.
Who will sell their bitcoin for only doubling their capital? If I am a bitcoin holder, I will keep holding my bitcoin until the price is more than $20000 and I will only sell half of my bitcoin for buying something I need in the real life.
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June 09, 2017, 10:10:58 PM
 #669

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 reason why it is better to store your bitcoin for a long time because it is less risky compared to online transaction. And yet, I think because as we experience bitcoins price is became high day by day so there's a possibility that its value became enormous in the near future.
yes that is correct long term investment is less risky than sort term investment. although short term investment is more profitable and one can make good profit from short term investment, but for short term investment one may have good experience and trading skill. they need to spend more time  to study the market and find out the potential altcoin where he want to invest their money and then they can make money from short term investment.

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June 09, 2017, 10:19:55 PM
 #670

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 the benefit they get by storing bitcoin in the wallet is a safe investment.
And if bitcoin prices reach a climax, they can benefit from that investment.
yes its true storing of bitcoin in there wallet is a safe investment its its for longterm investment. so many people think that investment in bitcoin in the best profitable investment like past as people do. every have save there bitcoin for future and have sure that bitcoin price well cross 50000 dollar.

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June 09, 2017, 11:04:07 PM
 #671

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 the benefit they get by storing bitcoin in the wallet is a safe investment.
And if bitcoin prices reach a climax, they can benefit from that investment.
yes its true storing of bitcoin in there wallet is a safe investment its its for longterm investment. so many people think that investment in bitcoin in the best profitable investment like past as people do. every have save there bitcoin for future and have sure that bitcoin price well cross 50000 dollar.
Storing bitcoin is really much more safe and profitable investment and yeah its possible that bitcoin cross the price to $50,000 but it will take a lot of years time may will be happen after 50 years or more than 50 years because $50,000 is very highest price. 
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June 09, 2017, 11:10:03 PM
 #672

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

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Looking at the current price of bitcoin, I am sure that the benefit of saving bitcoin needs to explanation whatsoever. People who have started just an year back, are already enjoying more than 100% profit from their saved bitcoin. I am sure that they will never ever invest in high risk investment like ponzi.

I have started earning bitcoin when the price was standing at 450 USD, so you can easily calculate how much profit I am making just by saving my bitcoin and not by investing it in ponzis. Saving bitcoin is also an investment and it's high time, people start taking it seriously.

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June 10, 2017, 02:33:06 AM
 #673

Most of the holders of bitcoin store their income in their BTC wallet because they are waiting until bitcoin reach its highest pump in the market or maybe they are just storing it and waiting for a right timeor opportunity to find the best way to invest it or to trade to gain extra income.
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June 10, 2017, 03:15:36 AM
 #674

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

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Yes it has because every year past bitcoin price is getting higher so if you keep it in your wallet there is a big possibility to get a profit or double your bitcoin. I tried it already and its effective.

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June 10, 2017, 03:55:15 AM
 #675

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 the benefit they get by storing bitcoin in the wallet is a safe investment.
And if bitcoin prices reach a climax, they can benefit from that investment.
Of course what they want to get is profit. Because usually save in the long run will definitely benefit because the risk is quite small. You should try it


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June 10, 2017, 05:08:05 AM
 #676

Dont just save your btc. Try to invest it and you will be surprised how much interest you gained. Saving will just make your money rest and doing nothing in your wallet, unlike investing it there is a high possibility that it will even make your btc double or triple
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June 10, 2017, 07:28:27 AM
 #677

Well, if want to be a little aggressive in taking risks so that our bitcoin growth, trading is right way. And indeed, i am convinced that by saving it, we will potentially be worthy of profit in the future.

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ethereumhunter
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June 10, 2017, 08:01:40 AM
 #678

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 it has because every year past bitcoin price is getting higher so if you keep it in your wallet there is a big possibility to get a profit or double your bitcoin. I tried it already and its effective.

this is why many people still save their bitcoin for a long time and because of bitcoin price will be increase from time to time, this will make people wants to collect more bitcoin so in future, they can sell it to make big profit. the other benefits they can get is they can doing trading bitcoin with altcoin to increase their bitcoin.

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June 10, 2017, 08:10:14 AM
 #679

Dont just save your btc. Try to invest it and you will be surprised how much interest you gained. Saving will just make your money rest and doing nothing in your wallet, unlike investing it there is a high possibility that it will even make your btc double or triple

Yes, the savings will not do anything useful, but the investments will be the right decision that will bring a good profit for the time period that has been pre-empted. Money should work.

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June 10, 2017, 10:25:21 AM
 #680

Dont just save your btc. Try to invest it and you will be surprised how much interest you gained. Saving will just make your money rest and doing nothing in your wallet, unlike investing it there is a high possibility that it will even make your btc double or triple

Yes, the savings will not do anything useful, but the investments will be the right decision that will bring a good profit for the time period that has been pre-empted. Money should work.
Doing both would be better for your future rather than doing save or invest only. Just make sure you can manage both of them and keep focus with current market price. Because if you just do one of them, you won't get maximum profit later.

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