bitcoin benefit of saving for a long time?

[bravehearth0319]

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

Come share your thoughts

Because savings in a long term is a holding in a long term, however as far as I can see on this things there is no
 Risk that I saw instead, it is very safe and you could have a chance to have a big savings or huge amount of bitcoin
When the right times come.

[1713895662]

1713895662

[Lumada]

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

Come share your thoughts

Because savings in a long term is a holding in a long term, however as far as I can see on this things there is no
 Risk that I saw instead, it is very safe and you could have a chance to have a big savings or huge amount of bitcoin
When the right times come.

It's been proven that those btc user who hold even not that much were expected to be richer than there are now before , holding it can be good savings but we can atill do trading and investing to make more from it.

[goinmerry]

It's been proven that those btc user who hold even not that much were expected to be richer than there are now before , holding it can be good savings but we can atill do trading and investing to make more from it.

Not by becoming rich but the noticeable value of hold bitcoins even just by a small fraction. BTC0.01 value on the past really have different value to what is BTC0.01 today.

Now by looking at past bitcoin prices, is there really a person who can still judge that bitcoin is not even worth to hold even by a few? Senseless thoughts if will based on the current bitcoin price.

[gracia0023]

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

Come share your thoughts

Saving bitcoin in the wallet has a big benefits! it's because bitcoin value is unpredictable and pricing of each small amount have a big factor. One bitcoin from the fast is much big different in bitcoin now. If you notice the price hike of bitcoin is continuously nowadays this why people saving bitcoin in their wallet has much richer than to those person withdrawing bitcoin.

[Bacotan Bae]

I prefer the intermediate-term investment is bitcoin (over 3 months) because the price will skyrocket after 3 months and usually rises to 100% every 3 months.

[suryana]

I prefer the intermediate-term investment is bitcoin (over 3 months) because the price will skyrocket after 3 months and usually rises to 100% every 3 months.

I think it isnt certain, if bitcoin rises to 100% every 3 months. Because there is no valid information or reference source for your statement. However, saving bitcoin for a long time i am also optimistic that its good investment action.

[gabmen]

I prefer the intermediate-term investment is bitcoin (over 3 months) because the price will skyrocket after 3 months and usually rises to 100% every 3 months.

I think it isnt certain, if bitcoin rises to 100% every 3 months. Because there is no valid information or reference source for your statement. However, saving bitcoin for a long time i am also optimistic that its good investment action.

Indeed. The fluctuations of btc prices are not that easily predictable like when you say every three months. Definitely holding on to your btcs will see your capital grow considerably if done for a long time but try not to give yourself specific timeframes and it seldom comes true. Just be ready as if there will be a price pump its almost certain that we'll all know about it

[Xester]

I prefer the intermediate-term investment is bitcoin (over 3 months) because the price will skyrocket after 3 months and usually rises to 100% every 3 months.

I think it isnt certain, if bitcoin rises to 100% every 3 months. Because there is no valid information or reference source for your statement. However, saving bitcoin for a long time i am also optimistic that its good investment action.

Indeed. The fluctuations of btc prices are not that easily predictable like when you say every three months. Definitely holding on to your btcs will see your capital grow considerably if done for a long time but try not to give yourself specific timeframes and it seldom comes true. Just be ready as if there will be a price pump its almost certain that we'll all know about it

Yes, I have the amount in my mind to withdraw my bitcoins.  We do not know how long will it have to have its high price.  We wish it would goes up but what if there would be a case that it makes it price drops.  No way.  But just having a timeframe and amount and just go on what your intuition said.  Anyways, just keep on earning bitcoin and monitor its movement.

[Duzter]

I prefer the intermediate-term investment is bitcoin (over 3 months) because the price will skyrocket after 3 months and usually rises to 100% every 3 months.

I think it isnt certain, if bitcoin rises to 100% every 3 months. Because there is no valid information or reference source for your statement. However, saving bitcoin for a long time i am also optimistic that its good investment action.

Whether it is optimistic or it doesn't saving in terms of bitcoin is always a profitable asset. Each and every people all around who have expertise knowledge in cryptocurrency has said that the price will peak high in the future. Thinking that in mind I have started to save it for a long time.

[peter23]

Bitcoin benefit of saving for a long time? yes based on the blog that i read some people just proof it that if you just hold bitcoins for a long time you can earn benefits from it though it is a long time but they assure you that you will gain profits in holding bitcoins,

[Himanshu111]

Holding your Bitcoin is probably one of the most promising ways of making money from Bitcoin as Bitcoin grows at a very fast rate and saving and holding a large amount can earn you great returns. Holding for more than can double or triple the value of your Bitcoin so save and hold as much as you can.

[Kisanaq]

Yes I agree, bitcoin is a long-term investment that is most profitable, it is true that we can get more than 100% in a month but we can get 1000% in 5 years, I will choose for long term.

[ivanpoldark]

Although holding back for long periods of time will provide an advantage. But I'm sure very few users do that. Most of them use bitcoin for short-term investments

People really want to keep what they have in bitcoin untouched for a long long time. But new ico`s that take place looks very interesting, they accept investment in eth quite frequently. This forces to sell bitcoin for the possibility to earn more.

[krisnt80]

Bitcoin saving just works for those which bought at 600-700 dollars, buy bitcoin at the current value and hold isnt a bad step, knowing the value will keep growing, but doing thise you will end loosing the opportunity to grow the number of coins as the value.

[kidmodo]

I still believe that bitcoin prices will be higher, more than today, although many people are pessimistic but I still believe. See many countries that legalize bitcoin and sure will be many people who use it, I think it would be reasonable if the price will increase, so keep your bitcoin for enough time

[nightxglow]

I think that's because well, as we know, the price of bitcoin increases again and again, and of course, selling bitcoin in the future, when the price is higher will gain us more profit. That's why people tend to save their bitcoin
And also, they store it so they have emergency money. So when they really in urgent and had no money, they can sell their bitcoin. It's like bitcoin become their saving.
People also store their bitcoin because they buy it for long term investment, and of course they keep it instead using it.
So, the benefit of saving bitcoin is usually because we can gain more profit when the price is higher

[pecson134]

Given on how bitcoins fluctuates, I can say that saving bitcoins truly benefits one person. But be wary that the continuous increase in the value of bitcoins is not absolute and it could also possibly lead to deflation in a timely manner or worse abruptly. So there are still risk on saving bitcoins but now I can see no reason not to save a bitcoin at least.

[ladydark]

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 just have started to save bitcoins just like gold.They save gold since it is a secured investment even though it does not give high profits.But they have started to save bitcoins because it gives them very huge returns but at the same time,it is also a secured investment since it works on a secured block chain system.

[megynacuna]

I prefer the intermediate-term investment is bitcoin (over 3 months) because the price will skyrocket after 3 months and usually rises to 100% every 3 months.

Well don't deceive yourself the rate of increments in Bitcoin prices are not fixed with respect to time. It just happened by chance that for the past few months you've noticed that trend but bear in mind it will not be this way forever and so before you invest I will advice that you understand all the dynamics in the cryptocurrency market before you rue in disappointment afterwards.

[geegaw]

Holding your Bitcoin is probably one of the most promising ways of making money from Bitcoin as Bitcoin grows at a very fast rate and saving and holding a large amount can earn you great returns. Holding for more than can double or triple the value of your Bitcoin so save and hold as much as you can.

Sure, if you buy bitcoin at a low price and keep it for a long time, you will get a huge profit in the future because bitcoin is becoming more popular and widely used, it attracts many more new investors, that increases the value of bitcoin to very high. And if we combine between saving and investment in altcoin, we can make much more Bitcoin. Now is a good time to buy and hold Bitcoin, Bitcoin is always an ideal place to invest and just trust us and invest in it, we will not feel regret in the future.