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Author Topic: bitcoin benefit of saving for a long time?  (Read 82238 times)
syaripudin
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August 24, 2017, 04:24:42 PM
 #981

Bitcoin is the best asset for the future. I think that's one of the reasons people keep bitcoins in the future. Besides the unstable bitcoin price makes one think to keep it. That's just some of the reasons I mentioned. A definite for now bitcoin has become everyone's choice for investment. Because the price of bitcoin is very high. And most importantly you can control your emotions. Because of the panic that we do of course we will do the wrong thing, need a very mature calculation in making decisions.

 
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August 24, 2017, 04:29:49 PM
 #982

Bitcoin for a long time can bring a very fabulous profit because of its fantastic price increase, but in the short term you can make good money. In any case, this is a wonderful choice.
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August 25, 2017, 05:30:32 AM
 #983

Of course bitcoin is better for long-term storage in order to earn as much money as possible at a price increase, but if you really need money, it can also be used for short-term investments.
Its not how long you hold your Bitcoin in order to earn more from your Bitcoin, but it is about what price did you bought your Bitcoin and what price did you sell your Bitcoin. For example Bitcoin 1 week before August 1 dropped at 1800$ but after August 1 the prices skyrocket to above 3000$, did you get what I mean? Prices are more important than how long you are holding it.
But the longer you hold the greater the odds you have to make money anyone that has been holding since one year ago is in profit and the farther you go into the past the greater the profits.
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August 25, 2017, 06:05:17 AM
 #984

In long time Bitcoin for sure going to give you benefit as the previous progress itself proof and not only that Bitcoin is the future for sure. So Bitcoin will Benefit on saving in long term basis.

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August 25, 2017, 07:13:57 AM
 #985

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.


We agree that it is the belief that will lead and bring us to luck, hopefully bitcoin will always rise in price even though a lot of exposure will wobble bitcoin, and bitcoin users will remain faithful to accompany, until the highest price of bitcoin even for a long time
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August 25, 2017, 02:12:57 PM
 #986

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.


We agree that it is the belief that will lead and bring us to luck, hopefully bitcoin will always rise in price even though a lot of exposure will wobble bitcoin, and bitcoin users will remain faithful to accompany, until the highest price of bitcoin even for a long time
Absolutely, people hold their bitcoin for long term purposes because it has been predicted that bitcoin's value will rise up through years. Though of course due to volatility it will go up and down but eventually the trend will go skyrise. I also believe on this, not just because someone says it but because statistical data and history shows it.
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August 25, 2017, 09:58:46 PM
 #987

Bitcoin for a long time can bring a very fabulous profit because of its fantastic price increase, but in the short term you can make good money. In any case, this is a wonderful choice.
Yes bitcoin is always good for long term, but I suggest you to not hold bitcoin for many years, because bitcoin is meant to make your life happy, keep spending bitcoin so that you will full fill your dreams, like buying new car, partying etc. I do not hold my bitcoin longer than 6 months because after 6 months by investment become double then I spend my profit and place the rest as it is in my wallet.
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August 26, 2017, 02:54:11 AM
 #988

Bitcoin will benefit when we save at least 1 year, last year the price is around $ 700 and now it's more than $ 4200, or up 600%, the same thing will happen next year, the price will reach at least $ 15,000.


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August 26, 2017, 08:57:57 AM
 #989

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
I will also never recommend bitcoins for day trading or as short term investment. For day trading, the best option are altcoins because they money you lose with them does not wreck you financially but in case of bitcoins, losing them is a big heart attack for the trader. Treat bitcoins as long term investment.
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August 26, 2017, 09:05:29 AM
 #990

In my opinion, saving bitcoin for a long term is very beneficial for people who want to earn profit. For example, if 1btc is 2700, the buyer buys bitcoin with the actual price and wait for its price to grow higher in the market. Therefore, 1btc reaches, let's say, 3000 for 1btc. The buyer would gain 300$ as profit and the cycle goes on and on.
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August 26, 2017, 09:33:45 AM
 #991

In my opinion, saving bitcoin for a long term is very beneficial for people who want to earn profit. For example, if 1btc is 2700, the buyer buys bitcoin with the actual price and wait for its price to grow higher in the market. Therefore, 1btc reaches, let's say, 3000 for 1btc. The buyer would gain 300$ as profit and the cycle goes on and on.

yep is certainly very good to always do that because this will help you in the future because by holding bitcoin will certainly get a good profit.
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August 26, 2017, 09:45:53 AM
 #992

The best investement that I have been in conclusion is the bitcoin, even though there are lots of altcoins but If you invest in bitcoin and "forget" about that then it's the perfect investment.
Just imagine buying a year ago and notice today that you made an investment Tongue

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August 26, 2017, 10:06:21 AM
 #993

Many peoples saving bitcoin for a long time it may be because of their belief in predicting bitcoin prices that will rise rapidly in the future, or perhaps rather than using them for unnecessary / maybe tyr to avoid to wastage, better saving it on the wallet who make it more secure.

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August 26, 2017, 12:07:59 PM
 #994

There is a clear view in front of you peoples, only 3 month before the price was 2000$ and now the price is touching 4300$ the difference is in front of you, So i think there is a clear picture of bright future of bitcoin it will be at the end of this year 5000$ and the future will be reached 10000$ in the end of 2018.
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August 26, 2017, 12:17:46 PM
 #995

Bitcoin appreciate as time passes by that is the main reason why many people hold their bitcoins they all want to have an investment that really gives higher return after few more years. Most of them buy bitcoin when the price crash and hold them till the price pump like what is happening today.
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August 26, 2017, 12:22:30 PM
 #996

Many peoples saving bitcoin for a long time it may be because of their belief in predicting bitcoin prices that will rise rapidly in the future, or perhaps rather than using them for unnecessary / maybe tyr to avoid to wastage, better saving it on the wallet who make it more secure.

People can believe in rapid growth, but long term is 5 years or more I would say, and that is some minimum. Price 5 years ago was very low, I just take a look and this is info from wikipedia:
Dec 2011   $2.00   minimum after few months
Dec 2012   $13.00   slowly rising for a year
Can you calculate that rise, and I doubt that in 5 years from now we can see same rise, but from 4.000$ just 10 times higher price is 40.000$, and that is a lot my friend. It doesn`t need to be rapid growth, long term means just waiting for long time of period, and hoping that in time price will grow a lot. Benefits from that are clear, huge profit without any work, you invest your money and wait price to rise and then sell it. Bitcoin already made many millionaires, now many people wish to become that too with help from bitcoin.



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Yutikas_11920
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August 26, 2017, 12:37:45 PM
 #997

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. 

Well, if we take the conclusions based on the data which this present time toward price bitcoin extraordinary then it will definitely happen. But sometimes it is ekpetasi different from reality that occurs, so it would be much more important if you want to save in a long time we have to keep looking and keep what does happen, in other words are we always do an analysis. Because it is only an analysis that could give us an advantage and that will never change.
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August 26, 2017, 12:53:11 PM
 #998

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

Come share your thoughts


Knowing that the bitcoins value have a high possibility to grow their price like what they always did. People, including me, are holding our bitcoins through our wallet hoping to gain more money through that investment. We are more persuade because of the teen who became a millionaire because of holding his bitcoins for a long time. Bitcoins value is way too different from before they are very expensive and very hard to get because it is the best ways of investment.
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August 26, 2017, 12:57:59 PM
 #999

These individuals put away bitcoins in their wallet as a funds for them and when the time bitcoin cost will achieve higher cost in the market, they will offer their possessions with the goal that benefit will be earned. Along these lines of holding bitcoin sum is truly a beneficial parts of ventures and you will have mo difficult circumstances persuading other individuals to purchase items, and you just need is bitcoin adjusts in your wallet. A large portion of the general population store bitcoin as speculation and in light of the fact that there are such huge numbers of defrauded venture, it is better quite recently put your coin in your wallet and keep it safe and on the grounds that bitcoin cost is continue rising so sparing it for quite a while will bring enormous benefit for the holder.We can not state whether bitcoin will develop or fall, we ought to consider the two situations as similarly likely and the misfortune is unimportant contrasted with the conceivable benefit. It is reasonable to contribute a little level of their investment funds in bitcoins with the expectation of spending them years after the fact. A significant number of us toss out considerably more cash for pointless things. Be that as it may, your speculation can be exceptionally beneficial, you can pay the home loan later on or get the cash to open your business.
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August 26, 2017, 01:04:33 PM
 #1000

bitcoin's price is volatile, in simple words its market price always changes(as price is made by the demand and supply of the market) and because Bitcoin is being made at a constant mining effort and also with constantly increasing difficulty the Bitcoin price will increase so that miners can get enough paid for their invested power and time.and this makes Bitcoin the perfect target for long term investment because it will always gonna increase its rice until the last block is mined.
Indeed, there are many community here where they've been doing this things several times in the other coins. And most of them was miners who hold their coins for good. Due to the volatility of bitcoins sometimes was a big help most often for the holders and miners because they hold it in a long terms.
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