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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
frowsiter
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May 04, 2017, 03:32:57 PM
 #581

You can profit like amazing. Maybe something like gold and diamonds can't do for you. I have earned lots of money by doing this. I already saved lots of bitcoins (well bits) and when I found the current price of bitcoins against my local currency it's like more than what I have saved before. Thanks to bitcoins popularity and trust in the market.


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webtricks
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May 04, 2017, 03:35:59 PM
 #582

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

Come share your thoughts


if you stored 1$ = 1 btc in 2011 you will get 1.500 $ in 2017
Exactly. Many people argue what is the fun of holding Bitcoin for long, better buy low, sell higher and move ahead with profits. But simple reply to them is to ask those who are holding back from 2011 !! For few bucks profits, many missed the chance of becoming millionaire. Thus, holding bitcoin in wallets for long time can bring unexpected capital gains to a person.


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May 04, 2017, 03:43:15 PM
 #583

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

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Because if you have a strong belief in this things, you will really hold it in a long term of course. Only things you need to do is to wait until
it reach the high peak amount of bitcoin like 5000$ or 10,000$, therefore the holder of bitcoin must not be impatience of waiting during the period of time.

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marcuslong
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May 04, 2017, 04:43:39 PM
 #584

Bitcoin price is rapidly increasing i just say that this is the time for us to hold our bitcoin there is presiction that bitcoinn will continue increase till it will hit 2000$ per one bitcoin this year better to hold then sell them all bby.
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May 04, 2017, 10:48:20 PM
 #585

Of course it got benefit, most of the people store bitcoin as investment and because there are so many scammed investment, it is better just put your coin in your wallet and keep it safe and because bitcoin price is keep on rising so saving it for a long time is going to bring big profit for the holder


Very precisely because this is the safest way and small risk, but can provide multiple benefits if we patiently save for a long time
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May 04, 2017, 11:51:48 PM
 #586

Yes it is should be save for a long time because it helps a lot to us if we more to sell and savings..,.So it will be gain more profit.It need a lot of time long time to focus and patience and take a risk.It more benefits to us it can may helps our good future and give extra income if one day it will bigger enough and it is time to sell it.



Store and store your bitcoin for as long as possible until the bitcoin price really goes to the moon, that's where we realize how much meaning of bitcoin to 1 sathosi is very meaningful, now we are scatter to spread for our every transaction fee
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May 05, 2017, 12:05:26 AM
 #587

Having a bunch of money is really nice when there is a need to purchase something in the near future or whatever though watching the amount of money that is within an account go up in value is really something else. That is why I like to hold on to a little bit of Bitcoin just so I could see the trend go up or down and also see if the amount of Bitcoin that I have will be worth something in the near future as well. Oddly, there is not many people holding Bitcoin though.
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May 05, 2017, 02:56:44 AM
 #588

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

Come share your thoughts

Why? Well if you will look back at the value of bitcoin from way back and compared its value now, It has a huge increase in value. So many people tend to hold and save their bitcoin for the future because they know that its value will still keep on increasing. They are holding to the thought that if they do this and the value of bitcoin skyrocket, it will give them a fortune worth while.

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May 05, 2017, 03:09:14 AM
 #589

The real benefit of saving bitcoin for a long time is that it's value goes up over time and as it's price go up your money you invested mutiplies but there are dumps and pumps sometimes which I think is a good time to take advantage of so I don't think just keeping it still for a long time would give you more profit. I guess its better to sell and rebuy the same amount of bitcoin when dump happens so that time to time you can take out fiat from your investment while having the same amount of coins until the end.
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May 05, 2017, 03:25:19 AM
 #590

Yes it is should be save for a long time because it helps a lot to us if we more to sell and savings..,.So it will be gain more profit.It need a lot of time long time to focus and patience and take a risk.It more benefits to us it can may helps our good future and give extra income if one day it will bigger enough and it is time to sell it.



Store and store your bitcoin for as long as possible until the bitcoin price really goes to the moon, that's where we realize how much meaning of bitcoin to 1 sathosi is very meaningful, now we are scatter to spread for our every transaction fee
As mentioned storing bitcoin is really a must for all the users of bitcoin. We need to be clear on our plans. What need to be saved and what we need to invest and spend. People who have known about bitcoin can start saving bitcoin and for spending we can use fiat. Because only bitcoin gives profit on saving, which is not possible with fiat.




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May 05, 2017, 08:31:19 AM
 #591

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

Come share your thoughts


if you stored 1$ = 1 btc in 2011 you will get 1.500 $ in 2017
Exactly. Many people argue what is the fun of holding Bitcoin for long, better buy low, sell higher and move ahead with profits. But simple reply to them is to ask those who are holding back from 2011 !! For few bucks profits, many missed the chance of becoming millionaire. Thus, holding bitcoin in wallets for long time can bring unexpected capital gains to a person.
those people who holding thousands bitcoin back in early days would really got heart attack to see the current bitcoin price. my lowest purchase are back in 4 or 3 years ago when the bitcoin price are around $200-$250 and sold most of them at $600 to $800 and now i just can wondering if i sell it now or even hold it a little longer for future investment. now you guys have to believe saving for long time should be the best option!

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May 06, 2017, 12:13:59 AM
 #592

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

Come share your thoughts

If there many people who save and keeping their bitcoins, it is because they believed keeping it will give them a big profit in the future once bitcoin reach the high price value especially this year most community in this industry they are expecting before end of this year bitcoin will become 3000$.


A similar hope, if this happens until the end of the year bitcoin price reached 3000 $ then a big pencapain for bitcoin can break record again until the price 3000 $ compared from the previous year, if it is like this then we should save our bitcoin for the future


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fathur.aza
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May 06, 2017, 03:01:06 AM
 #593

Yes it will provide benefits for those who save bitcoin investment and better you enter the wallet to stay safe because the day continues to increase the price,
That is what gains greatly for the holder.
madwica
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May 06, 2017, 03:09:40 AM
 #594

Good questions, the benefits of storing bitcoin for long periods of time, is great for your future investment, because what bitcoin technology will be more sophisticated in the future. Grin
Always, investment in bitcoin has a great benefit in long term since value was continuous increasing no doubt to put big amount of money.
But i recommend that you only put the amount that you can afford to lose because all investment has a big risk.
Bitcoin has a good progress from start to present and it will more popular in the following more years.
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May 06, 2017, 08:28:08 AM
 #595

Good questions, the benefits of storing bitcoin for long periods of time, is great for your future investment, because what bitcoin technology will be more sophisticated in the future. Grin
Yeah ,just like this days bitcoins price is continues pushing the price grow so the one who's make benefits is the holders of bitcoins .
They make a profit just holding what more if they eventually bought bitcoins when it was below $1000 .

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May 06, 2017, 10:06:18 AM
 #596

Good questions, the benefits of storing bitcoin for long periods of time, is great for your future investment, because what bitcoin technology will be more sophisticated in the future. Grin
Yeah ,just like this days bitcoins price is continues pushing the price grow so the one who's make benefits is the holders of bitcoins .
They make a profit just holding what more if they eventually bought bitcoins when it was below $1000 .
well the price was below 1k last year and even this year there was a time when the price dipped below that. a lot of people actually panicked that time and sold btc though as most experienced traders would expect, the price surge a lot higher so its regrettable if you're one of those people who did that. that's the good thing with having the patience to wait because investing is a game of waiting

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May 06, 2017, 09:27:56 PM
 #597

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

Come share your thoughts

They will switch on when the market price increases. Maybe most people wait for it with in a long time. Its usefulness in my opinion can be very lucrative if a coin at the exchange rate on the high prices.

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May 06, 2017, 09:54:31 PM
 #598

The only benefit of saving Bitcoin for a long time is to exchange it in a higher price.  People believe that Bitcoin will continuously increase in price until it reach its maximum market saturation.  They believe that the Bitcoin we buy today will probably increase more than 200% or even have exponential profit if we hold Bitcoin for a very long time.
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May 07, 2017, 01:34:42 AM
 #599

Saving bitcoins is one of the best thing to do with your current bitcoins and there is a lot of good things to be a reason why you should save now. Saving bitcoin for a long time is one of the best option if you buy your bitcoin at a high price like 900-1000$ because you can see in that price chart that long term is still the best option because the price is unpredictable and it can be double or triple the current price now so if you want a good and big profit then long term is the best.


If you bought a bitcoin at 900 - 1000 USD then you now have 50% profit because the selling price is now in the range of 1500 USD, it is also within a few months
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May 07, 2017, 02:34:15 AM
Last edit: May 07, 2017, 02:51:18 AM by knightmairesaint
 #600

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

Come share your thoughts

From an experienced  bitcoin user they know the benefits why they do investing for a long time. Actually is savings to secure in the future that will consume when there's a problem but the other reason is to get a profit.

Bitcoin price is not stable, when we observe the bitcoin market it is continuously increase because of investor know the benefits and advantages bitcoin have.

It is a digital currency and a world wide currency so they will use this in other country unlike the paper money that will use only in their own country.
They save also the bitcoin to use in transaction because it is not hassle, easy transaction, secure and other stores have a discount.

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