bitcoin benefit of saving for a long time?

[Cofee.BLUE]

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 is a good way to keep your money safe and alive so that you can have a back up source of money whenever shortage or emergency comes. It is like being thrifty and at the same time being wise. In the case of bitcoin, while you are saving and holding into your gathered earning, your money is getting bigger or growing even you are just holding it for a long period of time due to the reason that there are instances that bitcoin's price inflates into a bigger one enabling us to gain a profit greater than the initial value we have.

[batang_bitcoin]

In my opinion, there is no need to doubt people to keep it for future profit. Now people have started to invest in the world of crypto.Can we see from bitcoin prices from time to time continue to increase, although the fluctuations are very terrible.

You don't have to doubt if you are saving bitcoin for a long time. I will now keep my remaining bitcoins for better and I'll just sell when there's a need for me to have some cash, this is why I'm hodling bitcoin. I wanted to have financial freedom in due time even though I have a decent job because it's not sufficient and I don't have to have any boss again.

[charlotte04]

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

Come share your thoughts

These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

Here is the basic, but somehow Bitcoin will have a huge impact in our lives someday. So be sure to have 1 before that day comes.

[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

These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

Here is the basic, but somehow Bitcoin will have a huge impact in our lives someday. So be sure to have 1 before that day comes.

Well, if we are a believer in bitcoin by now we already have 1 btc, that's only $4,255.78 as of this time but we have to think that it could still multiply as the adoption continues to increase. By keeping yourself updated about bitcoin, you will be attracted to invest more because most of the news in the crypto point out that bitcoin will become bigger and bigger as the support is getting stronger.

[Hamphser]

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

Come share your thoughts

These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

Here is the basic, but somehow Bitcoin will have a huge impact in our lives someday. So be sure to have 1 before that day comes.

Well, if we are a believer in bitcoin by now we already have 1 btc, that's only $4,255.78 as of this time but we have to think that it could still multiply as the adoption continues to increase. By keeping yourself updated about bitcoin, you will be attracted to invest more because most of the news in the crypto point out that bitcoin will become bigger and bigger as the support is getting stronger.

That would really be the possible benefit on what you will get from bitcoin on which it will potentially make grow of your money in upcoming years which is really possible considering on the adoption movement of it. We can really see a progress.This is why most people do really strive hard to save or store up bitcoins as much as they can because of believing such thing to happen on them.Theres really a money on bitcoin.

[Kr-sama]

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 store it because the price of bitcoin increases overtime. It can change dramatically, it can double it's price in a span of just a year. And that is how they make profit. Buy btc for a lower price then sell it when it's price increases

[aysg76]

People store it when is price low or there is some dip since its price is highly unstable as bitcoin quite unstable. Its price over and over time changes drastically rendering people to earn some good profits. This is how they benefit from saving btc and selling them when market is at hike...

[aeternus]

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

Come share your thoughts

I think the benefits are very obvious if you bought when bitcoin was around 200 dollar then you have got 21 times the value of your investment in just a few years for those that bought when bitcoin was only a dollar or two the earnings have been nothing but amazing.

[Karmakid]

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 are saving their bitcoin because bitcoin price is still increasing, just imagine if you've saved some bitcoin and when it doubles it's price after a month, it's also the same as you've doubled your money too. I think that bitcoin is a good investment and that it will grow as time goes by.

[btc_angela]

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 are saving their bitcoin because bitcoin price is still increasing, just imagine if you've saved some bitcoin and when it doubles it's price after a month, it's also the same as you've doubled your money too. I think that bitcoin is a good investment and that it will grow as time goes by.

It should be a give away that bitcoin is really good for saving for a long time because the price could literally skyrocketed in the next succeeding months. As for me, if I have the opportunity to buy and save it for long time I will do it. If we could get just little by little, in no time you will have accumulate and just hold on it and never sell, unless you really need the money for emergency. Because your money will multiple many times if you can save it. The longer you preserved it, the more profit you can get from it.

[wuvdoll]

In my opinion, there is no need to doubt people to keep it for future profit. Now people have started to invest in the world of crypto.Can we see from bitcoin prices from time to time continue to increase, although the fluctuations are very terrible.

Haha, don’t be afraid of fluctuations. They are just the beauty of crypto market and are essential for the continuous circulation of crypto currencies. Yeah, bitcoins are quite popular among people especially youngsters who are always digging their heads into technology. People are treating bitcoins as long term investment because of their potential to produce enormous profits.

[uztre29]

Because they have noticed that bitcoin's value rapidly increases in accordance to time. Saving bitcoin is like investing. Once you cashed out your bitcoin after you hold it for so long, its value is never the same as before. Therefore, by doing that strategy, it will give you a great benefit. We all know that benefit is good because the value of bitcoin will grow bigger easily.

[jamids]

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 your bitcoin in your wallet for a long time is profitable especially for those that has bitcoin few years ago. The value of their coins have multiplied 10x or 20x already and saving it is the safest way for your money to grow. It is more risky if someone trade or invest it somewhere with the hope that their amount of bitcoin would increase and then lose in trading or the site where they invest is gone so they would choose the safe way where they would just continuously save in their wallet not withdrawing because it would be valuable in the future. 

[Wingo]

The price of bitcoin is constantly increasing, saving it for a long time earns a profit. Your money grows, we can say that this is an investment, it's just that your money is moved by the price of the bitcoin. No one knows whether its price will go down. But for a long time, the price always gets high and as of today, it is unstoppable. With the growing reputation of bitcoin it will surely not fail you if you save it at the right time.

[v0rtecxz]

In my opinion, the reason why they store their bitcoin is probably because bitcoin prices have not been what they want, and they store them and wait to sell them at the right time, and maybe some of them make bitcoin as a place, save or As a savings or as an Investment for Because bitcoin is a lucrative investment for the future because of its high growth and high prices, which makes many of them withhold the bitcoin that it has

[Distinctin]

The price of bitcoin is constantly increasing, saving it for a long time earns a profit. Your money grows, we can say that this is an investment, it's just that your money is moved by the price of the bitcoin. No one knows whether its price will go down. But for a long time, the price always gets high and as of today, it is unstoppable. With the growing reputation of bitcoin it will surely not fail you if you save it at the right time.

If you have the balls to save it for a long period of time, most likely you will get a good reward.
The best way to grow your money fast is by investing regularly, you buy bitcoins every time you have extra money and just forget about
it until the time you are ready to cash out.

[Sled]

The price of bitcoin is constantly increasing, saving it for a long time earns a profit. Your money grows, we can say that this is an investment, it's just that your money is moved by the price of the bitcoin. No one knows whether its price will go down. But for a long time, the price always gets high and as of today, it is unstoppable. With the growing reputation of bitcoin it will surely not fail you if you save it at the right time.

If you have the balls to save it for a long period of time, most likely you will get a good reward.
The best way to grow your money fast is by investing regularly, you buy bitcoins every time you have extra money and just forget about
it until the time you are ready to cash out.

We should not invest in bitcoin if we have extra money because the right thing to do is income minus our savings or investment fund then the difference will become your budget for your expenses. It is better to make your investment and savings as a your priority and not expenses because those two can help you to preserve and grow your money.

[carlisle1]

In my opinion, the reason why they store their bitcoin is probably because bitcoin prices have not been what they want, and they store them and wait to sell them at the right time, and maybe some of them make bitcoin as a place, save or As a savings or as an Investment for Because bitcoin is a lucrative investment for the future because of its high growth and high prices, which makes many of them withhold the bitcoin that it has

certainly that's the most reason why people loves investing with bitcoin the value keep rising year after year and a lots of big potential that it will
make more than what we are seeing now, bitcoin will be embrace by more risk lover person knowing that taking chances will bring them good
returns.

[chocolah29]

People save it because they know that bitcoin is volatile. If you just hold it for long term you will have profit if you watch and wait the moon. Bitcoin is increasing its price every now and then and if you sell it when someone are trolling then it will be your lose. So better not to panic and trust your coin.

[gabmen]

People save it because they know that bitcoin is volatile. If you just hold it for long term you will have profit if you watch and wait the moon. Bitcoin is increasing its price every now and then and if you sell it when someone are trolling then it will be your lose. So better not to panic and trust your coin.

Exactly. And i think bitcoin is really for long time saving unlke many other altcoins. You can get profit from daytrading with btc but the movement is not as spiky as those of smaller alts. If you are interested in day trading, better study other altcoins other than btc