bitcoin benefit of saving for a long time?

[harjas2517]

Some People saving Bitcoins for their future It has a big potential because lots of experts expecting big move in Bitcoins in next 5 year time frame If you can hold 5 bitcoins that will be a big amount for sure If you can hold it.

[1715010055]

1715010055

[azguard]

Some People saving Bitcoins for their future It has a big potential because lots of experts expecting big move in Bitcoins in next 5 year time frame If you can hold 5 bitcoins that will be a big amount for sure If you can hold it.

Saving is best option for the moment, off course that man expect to see him go sky high in less then 5 year and how is big moment for price to reach above 3000 and to remain at this level for some time. This could be good opportunity for some buy/sell cuz it will be most likely drop in price for some amount maybe for 200-300 dollars in price.

[HasHe]

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

Come share your thoughts

See bitcoinhats why most people store bitcoins for a long time. is totally different from altcoins which is bought as a short term investment.Bitcoin is mostly bought as a long term investment and short term benefits could not be expected from bitcoins.If we expect short term benefits,it is better to buy altcoins.Bitcoin has increased in its price gradually from time to time.

[appon12]

To save the life of human beings, it is necessary  to save it. However, it the savings are invested in the bank or elsewhere it will earn 6% or 8%. I think investment in bitcoin is twice the investment.

[Bunsomjelican]

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 it is their belief unto to bitcoin that someday it will become the one world currency like what everybody said in this thread.
Moreover, if they hold bitcoin in a long term for a low price value, then after a years it become x 10 that a big profit they can get for sure.

[gabmen]

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 it is their belief unto to bitcoin that someday it will become the one world currency like what everybody said in this thread.
Moreover, if they hold bitcoin in a long term for a low price value, then after a years it become x 10 that a big profit they can get for sure.

They may be thinking that btc would repeat what happened when it went up from 2010 to now. It probably won't happen again that it will shoot that high but btc still has a long way to go and probably keeping it for a long time will reap good rewards.

[Cootie]

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

Come share your thoughts

A benefit is that you can timing the conversion of bitcoin to currency when the rate increased or goes higher, giving you more income than you expected you can earn

[Himanshu111]

If you save for a long time, then you can expect really really high value of your savings simply because of the fact that rate of growth of Bitcoin is very high. I would suggest everyone to hold their savings for a long time for profits.

[Taskford]

The only benefit that i know for saving bitcoin for a long time is we will be able to avoid the nightmare of our money which is called inflation. If we will have bitcoin for a long term saving then we can avoid inflation and also earn more money because the price of bitcoin is like always going up and that will add more purchasing power to our money in the future.

[Pleione527]

Saving bitcoin for a long time gives opportunity for high return I think people who is doing that are having hope that they will experience what happen to others 9 years ago..those who buy bitcoin and kept it after several years are now enjoying the harvest of their investment and not just a simple income but a jackpot to be consider imagine from $5 to $2800....people somewhat dreaming that same thing will happen again after couple of years

[v0rtecxz]

The only benefit that i know for saving bitcoin for a long time is we will be able to avoid the nightmare of our money which is called inflation. If we will have bitcoin for a long term saving then we can avoid inflation and also earn more money because the price of bitcoin is like always going up and that will add more purchasing power to our money in the future.

Yes I agree with your opinion, it is true that people save their property to bitcoin because to avoid inflation that can harm you, and save it as bitcoin for long-term investment, as we see now the price of bitcoin is quite high maybe it Will increase as time goes by, and that can be a boon for you in the future

[loopes]

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

Come share your thoughts

yeah they will get big benefits because price of bitcoin increases significantly during this year. store bitcoin and hold it for long term investment is very good i think.

[Bagaji]

Saving bitcoin for a long time period has a lot of benefits. People who were able to buy one bitcoin when the market value of Bitcoin was around  $50 or let say $200 and were able to hold it till now are all millionaires if converted to the local currency of my country. Just like the case of a 12 year boy who bought bitcoin when the market value of Bitcoin was very little and didn't sell from it till the bitcoin price reach $1500 or thereabouts.

[RENATA612]

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 like this will benefit a lot of examples after the 1st of August they will get bitcoincash (bcc) there is another bitcoin price now that is going up it will increase their profits

[chaser15]

The only benefit that i know for saving bitcoin for a long time is we will be able to avoid the nightmare of our money which is called inflation. If we will have bitcoin for a long term saving then we can avoid inflation and also earn more money because the price of bitcoin is like always going up and that will add more purchasing power to our money in the future.

Not at all because we can't take away the small chance of bitcoin to decrease it's value. Bitcoin will only avoid inflation if it's clear that 100000% bitcoin will surely rise it's price.

Im positive that bitcoin for long term will surely give us a high value we don't expect but I still have room for possibility that price will decrease more in the future even by 1-2%. It's ok to become optimisitic but let's also look at some chances might happen even for small chances.

[azguard]

The only benefit that i know for saving bitcoin for a long time is we will be able to avoid the nightmare of our money which is called inflation. If we will have bitcoin for a long term saving then we can avoid inflation and also earn more money because the price of bitcoin is like always going up and that will add more purchasing power to our money in the future.

Not at all because we can't take away the small chance of bitcoin to decrease it's value. Bitcoin will only avoid inflation if it's clear that 100000% bitcoin will surely rise it's price.

Im positive that bitcoin for long term will surely give us a high value we don't expect but I still have room for possibility that price will decrease more in the future even by 1-2%. It's ok to become optimisitic but let's also look at some chances might happen even for small chances.

Bitcoin made this very clear when price went more then current gold is. This will benefit is many way for long term cuz is will go up. Many save it and know that price will go up every time when halving is price is ready to go up and every time reach more then last time. So in next 5-10 years if you look at this investment it is good to have as many as possible stored.

[Adbitco]

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

It's always better to store your bitcoins in a wallet than investing them in scams. The best thing about bitcoin is just storing it for a long time is a sort of investment and we have seen it and some of us might even have experienced it in the past when bitcoin was only $400 or so and raised up to $2800 so that's why people hold and keep storing their bitcoins and that's how people make profit and have made already in the past.

[Xester]

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

It's always better to store your bitcoins in a wallet than investing them in scams. The best thing about bitcoin is just storing it for a long time is a sort of investment and we have seen it and some of us might even have experienced it in the past when bitcoin was only $400 or so and raised up to $2800 so that's why people hold and keep storing their bitcoins and that's how people make profit and have made already in the past.

Certainly agreed on this.  It has always been safer to store our bitcoins in our wallet and even doing transactions with bitcoin because of its unique bitcoin address.  I was scammed before and I would never do that again considering the feeling I felt when I was scammed.  It is like losing your favorite thing and was stolen by people who have no hearts at all.  I bought that bitcoin and someone just stole it from me.  Even if you will put only your bitcoins on your wallet it will really grow everytime the price of bitcoin will rise.

[Fesatmas]

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

Come share your thoughts

Of course the benefits will be obtained if someone storethe bitcoin with a long time that is a multiple profit. We do not know the price of bitcoin in the future but the bitcoin price will stabilize up.

[Ziskinberg]

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

It's always better to store your bitcoins in a wallet than investing them in scams. The best thing about bitcoin is just storing it for a long time is a sort of investment and we have seen it and some of us might even have experienced it in the past when bitcoin was only $400 or so and raised up to $2800 so that's why people hold and keep storing their bitcoins and that's how people make profit and have made already in the past.

Certainly agreed on this.  It has always been safer to store our bitcoins in our wallet and even doing transactions with bitcoin because of its unique bitcoin address.  I was scammed before and I would never do that again considering the feeling I felt when I was scammed.  It is like losing your favorite thing and was stolen by people who have no hearts at all.  I bought that bitcoin and someone just stole it from me.  Even if you will put only your bitcoins on your wallet it will really grow everytime the price of bitcoin will rise.

That's a common mistake if we are too aggressive in investment because most likely we will gonna make mistakes and we will be tempted in investing a business that is good to be true, however that is just part of an experience that we need to learn because if we will still gonna make the same mistakes again will not gonna have a long term success. If we keep educating ourselves we will never gonna be victims of scam, and in fact we will be come a big help of the newbie as we will be guiding them on what to do to succeed in this risky journey.