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Author Topic: bitcoin benefit of saving for a long time?  (Read 81780 times)
Zooplus
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July 05, 2017, 06:15:32 AM
 #761

Two years ago bitcoin prices were not as high now and I think not many people hold bitcoin for long time,  with the already high bitcoin prices I'm sure many have sold it
The supply is limited and this price will not rise like this if only few people are holding, maybe some supply were lost like an owner
forget the private key or any related incident. Also, there are whales who holds a good volume of bitcoins and they are still holding
until now, if they hold we should be doing as well.
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djimbim0
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July 05, 2017, 12:16:51 PM
 #762

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.

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July 05, 2017, 12:41:47 PM
 #763

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
If they have a lot of bitcoins then they can easily be millionaires but if the they only have few bitcoins then they can just let it grow by doing trading or investment that can give a lot of potential to their holdings to grow. Bitcoin holding for long term is a good investment at the same time because after a few years we can see a really huge price pump from now on.
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July 05, 2017, 11:57:22 PM
 #764

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
in fact i am also in favour of long term investment. in long term investment there are less chances to lose  your money, and specally for those people who do not have experience in short term investment.
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July 06, 2017, 06:45:14 AM
 #765

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
in fact i am also in favour of long term investment. in long term investment there are less chances to lose  your money, and specally for those people who do not have experience in short term investment.
I will respect what you believe, but IMO long term and short term investment is the same because they are both risky and it always depend on a certain investor on who he will be able to manage that risk to minimize to result a maximum profit. Since all kinds of investment are risky and bitcoin is too risky, diversification of our investment is very important, we must have investment in real world while having online investment, that way we can assure continuity when some investment is not doing well or will fail.

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Vaskiy
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July 06, 2017, 06:52:54 AM
 #766

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
in fact i am also in favour of long term investment. in long term investment there are less chances to lose  your money, and specally for those people who do not have experience in short term investment.
I will respect what you believe, but IMO long term and short term investment is the same because they are both risky and it always depend on a certain investor on who he will be able to manage that risk to minimize to result a maximum profit. Since all kinds of investment are risky and bitcoin is too risky, diversification of our investment is very important, we must have investment in real world while having online investment, that way we can assure continuity when some investment is not doing well or will fail.
Agreed, a diversified investment portfolio will help us overcome unexpected situation, as the entire network is decentralized as well unpredictable in reality. I don't think with short term investment people have big risk because even if it's getting distracted it won't happen very shortly. We can make use of it. But looking the growth from the start this has given the assurance that investing into it will surely benefitting.
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July 06, 2017, 11:34:39 AM
 #767

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
in fact i am also in favour of long term investment. in long term investment there are less chances to lose  your money, and specally for those people who do not have experience in short term investment.
I will respect what you believe, but IMO long term and short term investment is the same because they are both risky and it always depend on a certain investor on who he will be able to manage that risk to minimize to result a maximum profit. Since all kinds of investment are risky and bitcoin is too risky, diversification of our investment is very important, we must have investment in real world while having online investment, that way we can assure continuity when some investment is not doing well or will fail.
Agreed, a diversified investment portfolio will help us overcome unexpected situation, as the entire network is decentralized as well unpredictable in reality. I don't think with short term investment people have big risk because even if it's getting distracted it won't happen very shortly. We can make use of it. But looking the growth from the start this has given the assurance that investing into it will surely benefitting.
Diversifying investments or our capital into several types of worth it investment is a good way to minimize the risk of losing money and when the unexpected things happen then we can't get a huge loss because there is a lot of back up investment that are in our portfolio so we don't need to become paranoid in our investment as long as we are diversified very well.
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July 06, 2017, 12:18:05 PM
 #768

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
This is right, with saving bitcoin's more people become millionaire. Saving is working because I have a friend and they have a bitcoin in year 2015 and that time the price is low. That time he is continuosly earn bitcoin, with their harworking they have a big profit. It is because of the bitcoin price, the benefits of being not stable of price is one reason why bitcoin have an advantages to other currency and why we become rich in the future.

Actually, with this great idea, people will encourage to use the bitcoin as investment. But I suggest that don't put all your money in bitcoin as investment cause many uses can bitcoin have like trading.

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bitllionaire
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July 06, 2017, 05:25:46 PM
 #769

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
This is right, with saving bitcoin's more people become millionaire. Saving is working because I have a friend and they have a bitcoin in year 2015 and that time the price is low. That time he is continuosly earn bitcoin, with their harworking they have a big profit. It is because of the bitcoin price, the benefits of being not stable of price is one reason why bitcoin have an advantages to other currency and why we become rich in the future.

Actually, with this great idea, people will encourage to use the bitcoin as investment. But I suggest that don't put all your money in bitcoin as investment cause many uses can bitcoin have like trading.
those people who have invested money in bitcoin for a long long ago, they are now millionaire. i think still bitcoin is giving good opportunity to invest money in bitcoin and get a good profit because investment in bitcoin is always profitable.
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July 06, 2017, 07:32:16 PM
 #770

The longer the period you keep your bitcoins, the bigger profit, so it should be in practice. But it's not always so and depends also how long is that period. I think too long period is not good, it's better to set some goal within a year or two and try to achieve that otherwise you might get completely lost in calculation and maybe end with loss, not profit.
The longer you hold it the richer you get, that’s the simple rule with obviously no complications involved. Bitcoin is expected to reach to $3000 in the mid-2018 and of course more after that.

So, if you hold it you are definitely earning profit. But if you want to invest it in trading businesses online or online casinos like many people do, you may get double the bitcoins you had, at the end of the day. But of course if you are happy with what you got and don’t want any urgent money it’s best to hold on to your bitcoins.
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July 06, 2017, 09:10:40 PM
 #771

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
in fact i am also in favour of long term investment. in long term investment there are less chances to lose  your money, and specally for those people who do not have experience in short term investment.
I am agree with you, those people who want that they don't lose your all money they need to invest their money for long time, because that is the biggest advantage of long term investment that we can not lose our all money rather than short term investment because in short term investment there are more possibility to lose their money.

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July 06, 2017, 11:51:59 PM
 #772

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
yes it is proved that if a person will have patience to keep his bitcoin for years then he will be millionaire as within year the price of bitcoin double up many times. Many people have earned a good profit from the beginning. Even in the previous year many people earned a lot of money with their storage of bitcoins.
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July 06, 2017, 11:53:46 PM
 #773

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
in fact i am also in favour of long term investment. in long term investment there are less chances to lose  your money, and specally for those people who do not have experience in short term investment.
I am agree with you, those people who want that they don't lose your all money they need to invest their money for long time, because that is the biggest advantage of long term investment that we can not lose our all money rather than short term investment because in short term investment there are more possibility to lose their money.
Yeah you have a good point. Many people are afraid to invest their money to the bitcoin. They say that long term investment is very risky and they're very wrong. They don't have enough information about the long term investment.


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July 07, 2017, 12:00:53 AM
 #774

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
in fact i am also in favour of long term investment. in long term investment there are less chances to lose  your money, and specally for those people who do not have experience in short term investment.
I am agree with you, those people who want that they don't lose your all money they need to invest their money for long time, because that is the biggest advantage of long term investment that we can not lose our all money rather than short term investment because in short term investment there are more possibility to lose their money.
Yeah you have a good point. Many people are afraid to invest their money to the bitcoin. They say that long term investment is very risky and they're very wrong. They don't have enough information about the long term investment.
That is the reason why many people doesn't have a good profit. They are afraid to invest their money to the bitcoin. They don't have a trust to the bitcoin. I prefer to the people who are afraid to long term investment is to have a trust to the bitcoin and invest their money to the bitcoin world.


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July 07, 2017, 03:32:22 AM
 #775

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
in fact i am also in favour of long term investment. in long term investment there are less chances to lose  your money, and specally for those people who do not have experience in short term investment.
I am agree with you, those people who want that they don't lose your all money they need to invest their money for long time, because that is the biggest advantage of long term investment that we can not lose our all money rather than short term investment because in short term investment there are more possibility to lose their money.
Yeah you have a good point. Many people are afraid to invest their money to the bitcoin. They say that long term investment is very risky and they're very wrong. They don't have enough information about the long term investment.
That is the reason why many people doesn't have a good profit. They are afraid to invest their money to the bitcoin. They don't have a trust to the bitcoin. I prefer to the people who are afraid to long term investment is to have a trust to the bitcoin and invest their money to the bitcoin world.

They might not familiar yet on bitcoin once they tried ot even at those ico that happened only for a month and see that it will work and they will even earn a lot,they might think what more if they invested on lonh term investment they might try it too. For them to know it by themselves.

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July 07, 2017, 04:13:13 AM
 #776

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.
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July 07, 2017, 05:32:13 AM
 #777

Try to think again what you will get by silencing bitcoin you have in a long time by doing nothing, but if you follow the trading of course you will get big advantage, but all that need strategy that telling that you do not get loss All the decisions are in your hands I just suggest you better follow the trading so that bitcoin you have will be more and more

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July 07, 2017, 05:38:22 AM
 #778

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.
If your family has good economic conditions, buy some BTC and holding 1-5 years very easy with you. With poor people, holding long-term can't helps them, when the price have big breakdown, they will scared and can't keep calm you continue holding. Maybe sell all and take loss
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July 07, 2017, 05:51:29 AM
 #779

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.

for the price now, i am sure that many people which keeping their bitcoin for a long time ago will have happy and they are surely makes a big profit. and since todays more people is interesting and want to investing their money in bitcoin, then i am sure that in future, the price will be increase more and bitcoin itself will help them to make money.

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July 07, 2017, 06:42:07 AM
 #780

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.

for the price now, i am sure that many people which keeping their bitcoin for a long time ago will have happy and they are surely makes a big profit. and since todays more people is interesting and want to investing their money in bitcoin, then i am sure that in future, the price will be increase more and bitcoin itself will help them to make money.
The profit that they earn is already big enough considering we have a good increase this year alone and will continue to increase.
People who invested especially those who hold longer deserves to have this good reward, they risk their money and bitcoin
is progressive so they deserve the reward.
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