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Author Topic: bitcoin benefit of saving for a long time?  (Read 82240 times)
Yutikas_11920
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March 19, 2017, 02:28:10 PM
 #181

For me the beneficial saving for long time is mean investments/increasing money in the future,
we can see bitcoin's price is increasing years by years, it is increasing the money too.
The most important for me because of I am freelancer in bitcoin, saving values and against inflation.

It's not something thing that doubt. Because saving is the most appropriate way to make our future more and better yet or it helpful. But keep in mind, before saving in one place then we should be able to find the right place in accordance with the wishes or needs of the US. Cause if not then everything is going to be a problem.investing is a pretty good way to be able to benefit in the future and also as an alternative to saving, but they also must be done correctly because it is concerned about money
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March 19, 2017, 03:01:11 PM
 #182

The benefits of saving for a long time is the future price increase and when you sell it you will gain profit. That profit you gain will be use for the investments you are planning to have for a long time.
yes saving bitcoin ofr a long time will really be a very very right decision, as the price of bitcoin s already trading at a high price and there are also chances of that the price fell down a little therefoer i think it will be a right decision to hold bitcoin for a long time.
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March 19, 2017, 05:27:17 PM
 #183

The benefits of saving for a long time is the future price increase and when you sell it you will gain profit. That profit you gain will be use for the investments you are planning to have for a long time.
yes saving bitcoin ofr a long time will really be a very very right decision, as the price of bitcoin s already trading at a high price and there are also chances of that the price fell down a little therefoer i think it will be a right decision to hold bitcoin for a long time.

If price goes even lower in coming days then we should try to buy more bitcoins and save them for future as that is the best way to make best profits in future as everyone is hoping to see a best price of bitcoins in near future so selling them at that time would be the best decision.

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March 19, 2017, 05:42:12 PM
 #184

bitcoin certainly would be very beneficial if you store it in the very long run. Imagine if you save 100 BTC in 2013 until today. Well, chances are you will become rich without doing anything. so, save bitcoin in the long term it is very profitable.

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March 19, 2017, 06:01:59 PM
 #185

Well ,the first ones to earn bitcoin was the one who is really lucky about this saving. That time bitcoin has just a price of almost nothing. Now it is so high that it is over running Gold. You can save bitcoin but you must also trust them.

That is correct - very large benefit of saving bitcoins is because their price changes very fast and often, means if you save them for long enough, you will always get profit from them.

And another benefit is because you can save bitcoins just like you can save your dollars, it is better for you to save them, than to spend them on things you don't really need.

 
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March 19, 2017, 06:36:50 PM
 #186

bitcoin certainly would be very beneficial if you store it in the very long run. Imagine if you save 100 BTC in 2013 until today. Well, chances are you will become rich without doing anything. so, save bitcoin in the long term it is very profitable.

Time once gone will never come back so instead of thinking about the past we should concentrate on collecting as many bitcoins as possible as after the time period of 5 to 6 years the price of bitcoins will be really high so we can sell them at that time which can make us super rich.

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szpalata
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March 19, 2017, 11:35:21 PM
 #187

bitcoin certainly would be very beneficial if you store it in the very long run. Imagine if you save 100 BTC in 2013 until today. Well, chances are you will become rich without doing anything. so, save bitcoin in the long term it is very profitable.

I couldn't agree with you more, there are a lot that can happen while you hoard down Bitcoins in the long term but there's the need to remain focus and not be persuaded by doomsayers because it is gradually gaining global recognition and it's after its global acceptance that the price might stabilize else it will consistently keep rising due to the rising deman for it globally so it makes everything sense to buy and save them for the future.
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March 19, 2017, 11:39:56 PM
 #188

bitcoin certainly would be very beneficial if you store it in the very long run. Imagine if you save 100 BTC in 2013 until today. Well, chances are you will become rich without doing anything. so, save bitcoin in the long term it is very profitable.

Time once gone will never come back so instead of thinking about the past we should concentrate on collecting as many bitcoins as possible as after the time period of 5 to 6 years the price of bitcoins will be really high so we can sell them at that time which can make us super rich.
i don't know about to become super rich , if everybody hold a lot of bitcoin and the price skyrocketed what do you think will happened? everybody sell their bitcoin at once! instead you get rich , the price will get dropped drastically right ?

saving always be a good option , but you have to take a look to situation around too.

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March 19, 2017, 11:40:18 PM
 #189

In addition to the possibility of profit, I think that another great advantage lies in the possibility of having a decentralized way of storing value, which also brings the possibility of making payments around the globe through the internet, something that is not possible with other ways of storing value, such as gold.
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March 20, 2017, 12:51:38 AM
 #190

The benefits of saving for a long time is the future price increase and when you sell it you will gain profit. That profit you gain will be use for the investments you are planning to have for a long time.
yes saving bitcoin ofr a long time will really be a very very right decision, as the price of bitcoin s already trading at a high price and there are also chances of that the price fell down a little therefoer i think it will be a right decision to hold bitcoin for a long time.

If price goes even lower in coming days then we should try to buy more bitcoins and save them for future as that is the best way to make best profits in future as everyone is hoping to see a best price of bitcoins in near future so selling them at that time would be the best decision.
i think the current time is the best time to buy bitcoin as the price of bitcoin is currency trading in a very very reasonable price and i think it is a good opportunity to invest our assets in bitcoin and after some time get a decent profit.

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March 20, 2017, 01:09:29 AM
 #191

The benefits of saving for a long time is the future price increase and when you sell it you will gain profit. That profit you gain will be use for the investments you are planning to have for a long time.
yes saving bitcoin ofr a long time will really be a very very right decision, as the price of bitcoin s already trading at a high price and there are also chances of that the price fell down a little therefoer i think it will be a right decision to hold bitcoin for a long time.

If price goes even lower in coming days then we should try to buy more bitcoins and save them for future as that is the best way to make best profits in future as everyone is hoping to see a best price of bitcoins in near future so selling them at that time would be the best decision.
i think the current time is the best time to buy bitcoin as the price of bitcoin is currency trading in a very very reasonable price and i think it is a good opportunity to invest our assets in bitcoin and after some time get a decent profit.

That is the right thing to do as price is at an average level and its affordable to buy bitcoins so we should take an advantage of this dip and try to accumulate maximum coins and hold it for next couple of months as everyone is speculating that price will achieve new heights in the end of the year and if it does then it would be the best time to sell your bitcoins.
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March 20, 2017, 08:06:34 AM
 #192

which saves bitcoin in a long time is very advantageous especially in savings by investing will further benefit from our store with up to par so it could be nominally bigger.
Where nominal greater would also be advantageous if bitcoin is stored in a long time right at the onsite at nominal high.

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March 20, 2017, 08:35:20 AM
 #193

which saves bitcoin in a long time is very advantageous especially in savings by investing will further benefit from our store with up to par so it could be nominally bigger.
Where nominal greater would also be advantageous if bitcoin is stored in a long time right at the onsite at nominal high.

If you hold bitcoins longer then it will only bring benefits for you as bitcoin is an long term investment and it should be treated in a same manner instead of selling them in short term as price will be much higher in future which will give us some good profits.
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March 20, 2017, 09:21:25 AM
 #194

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

Come share your thoughts

Storing bitcoins in a long term basis will be beneficial and investing in short term basis will give benefits only in altcoins.Its one of the best and secure investment.Its said that if you save 21 BTCs,then you can have a secured life.Its the dream of every bitcoin investor to join the 21 BTC group.
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March 20, 2017, 09:29:21 AM
 #195

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

Come share your thoughts

Storing bitcoins in a long term basis will be beneficial and investing in short term basis will give benefits only in altcoins.Its one of the best and secure investment.Its said that if you save 21 BTCs,then you can have a secured life.Its the dream of every bitcoin investor to join the 21 BTC group.

Yes and if you have 21 btc in your wallet then you are one in a million as there are total 21 million bitcoins mined so if you achieve that milestone then you are done with your life and you don't need anything to earn money as 21 btc will take best care of you in future.
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March 20, 2017, 09:54:46 AM
 #196

The benefits of saving for a long time is the future price increase and when you sell it you will gain profit. That profit you gain will be use for the investments you are planning to have for a long time.
yes saving bitcoin ofr a long time will really be a very very right decision, as the price of bitcoin s already trading at a high price and there are also chances of that the price fell down a little therefoer i think it will be a right decision to hold bitcoin for a long time.

You can compare the price of  bitcoins of last year in march 2016 and this year in march. You will see 600 to 700$ price increase. This shows that bitcoins is best to invest and save as you will nearly double your money in every year if it contiunes to grow at this rate.
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March 20, 2017, 12:00:21 PM
 #197

The benefits of saving for a long time is the future price increase and when you sell it you will gain profit. That profit you gain will be use for the investments you are planning to have for a long time.
yes saving bitcoin ofr a long time will really be a very very right decision, as the price of bitcoin s already trading at a high price and there are also chances of that the price fell down a little therefoer i think it will be a right decision to hold bitcoin for a long time.

You can compare the price of  bitcoins of last year in march 2016 and this year in march. You will see 600 to 700$ price increase. This shows that bitcoins is best to invest and save as you will nearly double your money in every year if it contiunes to grow at this rate.

At least 50% is good to save this is good compare you have mentioned with price increase from last year to this year, also this is indicator that price will go up in next period on if you look at 1 year then it is good to hope that price will go up in next year.



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March 20, 2017, 12:15:47 PM
 #198

The benefits of saving for a long time is the future price increase and when you sell it you will gain profit. That profit you gain will be use for the investments you are planning to have for a long time.
yes saving bitcoin ofr a long time will really be a very very right decision, as the price of bitcoin s already trading at a high price and there are also chances of that the price fell down a little therefoer i think it will be a right decision to hold bitcoin for a long time.

You can compare the price of  bitcoins of last year in march 2016 and this year in march. You will see 600 to 700$ price increase. This shows that bitcoins is best to invest and save as you will nearly double your money in every year if it contiunes to grow at this rate.

At least 50% is good to save this is good compare you have mentioned with price increase from last year to this year, also this is indicator that price will go up in next period on if you look at 1 year then it is good to hope that price will go up in next year.
Let's not overreact with the recent price fall, we are still in the early stage of the year and we are closing the first quarter only which means there are 3 more quarters to get a good price. We have seen how the price can rise and it can even happen overnight, let us stay positive for the future of bitcoin and everything shall be fine, never panic is you want to be a successful long term investor, you need to trust the potential of bitcoin.

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March 20, 2017, 01:52:18 PM
 #199

saving always be a good option , but you have to take a look to situation around too.
Majority always recommending to save all Bitcoin for more than 3 or 10 years, if you do that there are 2 possibilities :
1. You forget the credentials or even Bitcoin
2. Still use it.
However like you said you have to take a look with the situation on the market and not only holding Bitcoin without any action .

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March 20, 2017, 02:39:59 PM
 #200

saving always be a good option , but you have to take a look to situation around too.
Majority always recommending to save all Bitcoin for more than 3 or 10 years, if you do that there are 2 possibilities :
1. You forget the credentials or even Bitcoin
2. Still use it.
However like you said you have to take a look with the situation on the market and not only holding Bitcoin without any action .

Well it's a big risk that  you're going to take if you're looking that far ahead though think about the people who envisioned btc like 5 years ago, they may be very wealthy right now. You really can't tell. Btc may not even be here in 10 years so this is a very big gamble that we're going to take if we'll hold on to our btcs for that long. We may not even be able to control ourselves if the price goes very high in the next couple of months.

 
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