bitcoin benefit of saving for a long time?

[Sled]

The main benefits bitcoins holders may get after storing bitcoins for a long time or a short period of time is profit on bitcoins price.Bitcoins price is unpredictable it goes up in a sudden and traders benefit into this kind of volatitlity in price of bitcoins.So buying at cheap and storing would benefit them

Buying cheaper and storing can benefit everyone. Many of my friends do so. They have already succeeded in significantly increasing their capital due to this. I also keep bitcoats for the future

It's good decision to keep it for the future, that is a good retirement for us since the value is expected to rise over time.
I have my bitcoins in my wallet but it is not that big enough to be considered as my retirement, right now I am constantly accumulating
bitcoin, it is slowly but consistent and I hope it will convert to a bigger amount.

Just be patient in collecting or accumulating bitcoins because soon you will not recognize that you already saved enough bitcoins for your retirement funds. Even i don't need retirement funds because i'm still young, i do still saving because it is best to start it when you are young rather than starting it when you really need it.

[1715297217]

1715297217

[inthelongrun]

The main benefits bitcoins holders may get after storing bitcoins for a long time or a short period of time is profit on bitcoins price.Bitcoins price is unpredictable it goes up in a sudden and traders benefit into this kind of volatitlity in price of bitcoins.So buying at cheap and storing would benefit them

Buying cheaper and storing can benefit everyone. Many of my friends do so. They have already succeeded in significantly increasing their capital due to this. I also keep bitcoats for the future

It's good decision to keep it for the future, that is a good retirement for us since the value is expected to rise over time.
I have my bitcoins in my wallet but it is not that big enough to be considered as my retirement, right now I am constantly accumulating
bitcoin, it is slowly but consistent and I hope it will convert to a bigger amount.

Just be patient in collecting or accumulating bitcoins because soon you will not recognize that you already saved enough bitcoins for your retirement funds. Even i don't need retirement funds because i'm still young, i do still saving because it is best to start it when you are young rather than starting it when you really need it.

I save bitcoins for retirement too. Not that I retire old. I should be retiring as an employee before 35 yrs old. That is my plan. And lately i just realized that bitcoin may not give me the biggest reward. It's the other crypto which as I observed already multiplied their value. Bitcoin is getting slower and fees are getting higher.

[stadus]

The main benefits bitcoins holders may get after storing bitcoins for a long time or a short period of time is profit on bitcoins price.Bitcoins price is unpredictable it goes up in a sudden and traders benefit into this kind of volatitlity in price of bitcoins.So buying at cheap and storing would benefit them

Buying cheaper and storing can benefit everyone. Many of my friends do so. They have already succeeded in significantly increasing their capital due to this. I also keep bitcoats for the future

It's good decision to keep it for the future, that is a good retirement for us since the value is expected to rise over time.
I have my bitcoins in my wallet but it is not that big enough to be considered as my retirement, right now I am constantly accumulating
bitcoin, it is slowly but consistent and I hope it will convert to a bigger amount.

Just be patient in collecting or accumulating bitcoins because soon you will not recognize that you already saved enough bitcoins for your retirement funds. Even i don't need retirement funds because i'm still young, i do still saving because it is best to start it when you are young rather than starting it when you really need it.

I save bitcoins for retirement too. Not that I retire old. I should be retiring as an employee before 35 yrs old. That is my plan. And lately i just realized that bitcoin may not give me the biggest reward. It's the other crypto which as I observed already multiplied their value. Bitcoin is getting slower and fees are getting higher.

When you retire early you still have more time to enjoy your money, everyone is wishing to have that life and I hope someday in my case I will be able to realize it. Bitcoin is my only last chance and I have to take risk and believe that it is going to be a success and be bigger in the future to come.

[rickadone]

The benefit of it is because bitcoin is just starting as time pass by the bitcoin price will get pump and pump so If you save it for now you will have a great profit int he future because bitcoin price is pumping every year so better to save now and harvest it later.

No doubt the people saving Bitcoin for a long time are holding it for a time to come where they could get the best highest prices for it. As the current graph of bitcoin is indicating towards the growth of higher prices in future but those who are holding it, also should keep this in mind that its prices can fluctuate anytime. Maybe not due to an unsystematic risk but the systematic risk can happen anytime and can change everything.

[joshy23]

The benefit of it is because bitcoin is just starting as time pass by the bitcoin price will get pump and pump so If you save it for now you will have a great profit int he future because bitcoin price is pumping every year so better to save now and harvest it later.

No doubt the people saving Bitcoin for a long time are holding it for a time to come where they could get the best highest prices for it. As the current graph of bitcoin is indicating towards the growth of higher prices in future but those who are holding it, also should keep this in mind that its prices can fluctuate anytime. Maybe not due to an unsystematic risk but the systematic risk can happen anytime and can change everything.

Yeah. The unstable price of bitcoin is the risk of a long term saving of it. So its either you profit big and loss small. You spoke about the current graph of bitcoin as going up but we are not sure if that trend will continue. So hold on to your bitcoin as you can for now because the price is going up, then sell it when you feel that have good ROI already.

[J Gambler]

it can be a good benefits if you don't mind about the profit that you can be made everytime bitcoin will increase price if you can't do buy and sell then your loosing profit coz its like your just ,making your bitcoin wallet to be like bank account.

[macartem]

Holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convincing other people to buy products, and you only need is bitcoin balances in your wallet.

[bitcoindusts]

Holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convincing other people to buy products, and you only need is bitcoin balances in your wallet.

Lol have you ever tried to convince people to buy Bitcoin?  You know it is very frustrating?  Specially if you want to convince those who have a bad first impression of Bitcoin.


Adoption, this is the reason why Bitcoin have lots of benefits in saving a long time.  If we have saved enough, the bitcoin we saved can give us financial freedom.  Same way early adopters are experiencing now.

[Silberman]

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

Come share your thoughts

People keep their bitcoin in their wallet because they believe that the price of bitcoin will get higher. They are waiting for that time because they believe that it will be the right time to convert their bitcoin into fiat money. I know some people who are also members of this forum and they are the ones who told me about that.

Yes, people have trust on bitcoin, and bitcoin is first crypto who is in a high price, and we can earn from bitcoin easily, and most of the people know that bitcoin has a bright future. So the reason is that people save their bitcoins into their wallets.

I agree with you too. Saving the bitcoin for a long time will be beneficial someday. The right time for bitcoin will surely come and it's price will be at it's peak. Even though many people still do not know what bitcoin is and where is it for, the time for bitcoin to be used all around the world ( legally, to be more optimistic ) will come. And when that time come, people who have kept their bitcoin in their wallet would benefit for sure.

I remember when I started using bitcoin,its value when converted in our currency is only half of its value now, there might be a possibilities that it will grow more in value, saving it is fine but while waiting for its value to get higher ,why not try to invest or trade to make it bigger.

Investing and trading are an option but there are some that prefer to play it safe and prefer to just wait, they probably think of bitcoin as savings for their retirement or something like that, that way you don’t have to worry about trying to outsmart the markets, wait and get your profits very simple.

[Farcoin12]

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

Come share your thoughts

For those people bitcoin is an investment and they are just trying to earn money from it, not actually promote and use it. The benefit of that is that, well, you make quite a lot of money.

[Ziskinberg]

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

Come share your thoughts

For those people bitcoin is an investment and they are just trying to earn money from it, not actually promote and use it. The benefit of that is that, well, you make quite a lot of money.

That is not true, people are investing in bitcoin because in the first place they believe on it, and when they believe on it, we can call them as satisfied users as well. No one will invest if they have no tried using it, that is the logic I arrived base on my simple analysis. I am actually investing in bitcoin but I am a heavy users as well, I used it in gambling and buying online stuff.

[Bionicgalaxy]

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

Come share your thoughts

Some people store their bitcoin for future purposes because maybe one day they could need a money to pay all their expwnses at their homes. And some people store their bitcoin because they believe maybe one day the price of bitcoin will increase.

[SameHow]

Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.

[Saichoukyushin]

Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.

Staking only on wallet will slow the progress of the growth of your own bitcoins and by investing some amount of it you take risk there is a chances for you to have more profit on bitcoins while staking on wallet .
Saving bitcoin for a long time will benefit us but we are not sure when ut is and what are the possible problems that we may taken along staking.

[The_prodigy]

Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.

Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes.

[Neo_matrix]

Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.

Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes.

Correctly you do. I'm sure bitcoin deserves more than just spending it on gambling. This is an investment in the future. After a few years it will give us much more than now

[Silberman]

Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.

Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes.

Correctly you do. I'm sure bitcoin deserves more than just spending it on gambling. This is an investment in the future. After a few years it will give us much more than now

I have no doubt that those that have spent so much much bitcoin in useless things will regret it in the future since there is no scenario that I picture in my mind in which bitcoin fails, bitcoin is going to become a success as we have not seen before or after.

[Baggong]

Obviously, as the more people before me, they said that is the difference in the exchange rate over the time. But except this, after a while one can have a significant amount due to just not spending his coins. Clearly for many people it's a way to put their savings in a safe heaven, though the crypto currency volatility, but without the fear of the inflationary fiat money.

Yes I agree, to get the maximum benefit we have to be patient for a long time (more than 1 year), based on the price movement from 2013 until now the bitcoin price always rises.

[BlockEye]

Obviously, as the more people before me, they said that is the difference in the exchange rate over the time. But except this, after a while one can have a significant amount due to just not spending his coins. Clearly for many people it's a way to put their savings in a safe heaven, though the crypto currency volatility, but without the fear of the inflationary fiat money.

Yes I agree, to get the maximum benefit we have to be patient for a long time (more than 1 year), based on the price movement from 2013 until now the bitcoin price always rises.

Keeping bitcoin for a year will give a great chance to acquire more profit it is not the best to enjoy best of bitcoin feature. For me. I can get benefit of using btc by it's feature of anonymous and fast transaction. As well as this is the currency i used to gamble.

[batang_bitcoin]

Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.

It's good that you are enjoying some of your bitcoins for yourself. But with what I do, I want to save all of my bitcoins because I know that it is going to be a good thing for me in the long time. I am very inspired with those holders that are holding a lot of bitcoins and they managed to earn a lot of profit because of their patience.