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Author Topic: bitcoin benefit of saving for a long time?  (Read 82240 times)
cjnmoh
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August 27, 2017, 04:22:59 PM
 #1021

You don't need to be save Bitcoin for a huge long period but in the next 5 years you will get almost 20 times of now what value is. Since it's inception of bitcoin from mere $0.001 to now increase millionth of times. So, don't be hurry and save your Bitcoin because the demand of digital era is widely accepted.
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August 27, 2017, 04:44:58 PM
 #1022

You don't need to be save Bitcoin for a huge long period but in the next 5 years you will get almost 20 times of now what value is. Since it's inception of bitcoin from mere $0.001 to now increase millionth of times. So, don't be hurry and save your Bitcoin because the demand of digital era is widely accepted.

5 years is a really long time for many people who don't have patience to hold it longer as they will start selling their coins when they see higher price then their purchase price as their main goal is to make profits and when bitcoin will touch the price of $10k in near future I am pretty sure that most of the users will dump their coins to make profits.

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Gotomoon
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August 27, 2017, 05:26:19 PM
 #1023

Yes, bitcoin is advantageous to hold for a long time to get a huge profit. The one who kept bitcoin for several years now can enjoy a carefree, prosperous life.
Bitcoin will gives benefit for saving a long time to earn profit. Because bitcoin value will go up and anyone could earn money for saving a long time.
Aztek
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August 27, 2017, 05:27:21 PM
 #1024

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.
Bitcoin truly can give and can serve as a good form of investment if you are going to hold it because it's price is more vulnerable on changes making it pump and increased it values. So having a price that capable on development in terms of value is one set to find out and set a good investments for future earning and profit.
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August 27, 2017, 05:38:48 PM
 #1025

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 think me wrong I think the accumulation of BTC in a long time wallet will help you get a profit margin difference between buying and selling BTC. That means you do not have to do anything but you still have money. It's almost like depositing bank savings. However, Bitcoin hoarding can get you more money in the short term or you will not have anything

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aeternus
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August 27, 2017, 05:48:56 PM
 #1026

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 hope that you got your answer with the past weeks, we hold because the earnings we get by doing nothing are amazing there is no other investment that you can make that gives to you these profits with such ease.
This is the main reason why people are crazy after bitcoins because they are not only currency but investments as well and that too which provide you great profit without any hard work. I really prefer buying bitcoins and holding them for years to be a new millionaire. Good luck all bitcoiners!
I agree with this bitcoin is an opportunity to make ourselves rich in a relatively short amount of time and the best part is that if you live in the third world you do not need hundreds of coins if you can get your hands in 10 or more bitcoins then you could be rich in your local currency.
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August 27, 2017, 05:53:14 PM
 #1027

Yes, bitcoin is advantageous to hold for a long time to get a huge profit. The one who kept bitcoin for several years now can enjoy a carefree, prosperous life.

I agree with you the price of bitcoin will go up as the supply of bitcoin is limited and the demand is increasing day by day. So if someone buy and hold bitcoin for long term he/she will earn huge profit. But if someone has complete knowledge and watch the market regularly he/she may also gain more profit from trading bitcoin.
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August 27, 2017, 06:18:23 PM
 #1028

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.
Of course if you are going to hold your Bitcoin the very first benefit it could pro give to you is saving. As you hold you could have a saving out of you earning and you could used it if you needed it .
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August 27, 2017, 08:01:08 PM
 #1029

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.
Saving will only help you to earn money not bitcoin. And earning bitcoin is much better than earning money. Because having more bitcoins means having more money. If you cannot trade properly or you have any other genuine reason for not trading in bitcoin to make bitcoin then it makes sense but if you have time money and everything that you need even then you keep on saving it then that is ridiculous act to be honest.
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August 27, 2017, 08:08:28 PM
 #1030

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

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Saving might be a boring way to keep your money safe and alive for a long time specially when you are just saving it into a coin bank or holding it into your customized storage of money. But in bitcoin, saving and holding is the simplest yet the most effective way to keep your money growing because from your initial earning, you can still gain profit because bitcoin's price is volatile enabling us to gain an income. Also saving has a great benefit just like using what you have save for future purposes.

Saving is the easiest way to make profits from bitcoins but as you said that saving can be boring so its better to invest those coins in trading instead of keeping them idle in wallet as trading then generate regular profits which is never possible with saving as saving will give you one time profit and that also when you sell your coins.
To earn handsome profit every month, we are bound to carry out both savings and investing. The selection of coins for each job is very crucial decisions. Bitcoins should be used for saving and altcoins are best for trading. Trading with bitcoins is quite risky and no one can afford loss in the form of bitcoins.
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August 27, 2017, 08:11:05 PM
 #1031

How many people store their bitcoin for a long time?

Do you made a poll and have the percentage on hand? Is it over 70%?
virtualkeybuyer
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August 27, 2017, 08:18:02 PM
 #1032

no harm caused from holding bitcoin for longtime, we have seen it now bitcoin prices have performed very well. Of course this is special advantage for patiently holding bitcoin. The losers are the ones who never keep bitcoin as way to making money.
Investing into bitcoin and then waiting for the prices to rise, has surely been fruitful for many investors through the recent years. And bitcoin has never disappointed, if we talk about the worth. Bitcoin price has grown more than our hopes. Yes, this is good for those who are patient and have invested in bitcoin. It will bring a huge profit for them. But it is not late for any investor to invest.
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August 27, 2017, 10:46:45 PM
 #1033

no harm caused from holding bitcoin for longtime, we have seen it now bitcoin prices have performed very well. Of course this is special advantage for patiently holding bitcoin. The losers are the ones who never keep bitcoin as way to making money.
Investing into bitcoin and then waiting for the prices to rise, has surely been fruitful for many investors through the recent years. And bitcoin has never disappointed, if we talk about the worth. Bitcoin price has grown more than our hopes. Yes, this is good for those who are patient and have invested in bitcoin. It will bring a huge profit for them. But it is not late for any investor to invest.

Yes its always a right time to invest in bitcoins if you can hold it for a long term so even if you invest in it now and wait for next few years then you will be making good profits on your investments and if you are good in trading then it can be an added advantage for you to make additional profits.
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August 28, 2017, 06:47:01 AM
 #1034

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.
I don’t even support the idea of saving your bitcoin and waiting for it to grow in the future. My own opinionis that if you’re an expert in trading, then you should use trading to multiply your income than wait for the future.
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August 28, 2017, 09:27:55 AM
 #1035

no harm caused from holding bitcoin for longtime, we have seen it now bitcoin prices have performed very well. Of course this is special advantage for patiently holding bitcoin. The losers are the ones who never keep bitcoin as way to making money.
Investing into bitcoin and then waiting for the prices to rise, has surely been fruitful for many investors through the recent years. And bitcoin has never disappointed, if we talk about the worth. Bitcoin price has grown more than our hopes. Yes, this is good for those who are patient and have invested in bitcoin. It will bring a huge profit for them. But it is not late for any investor to invest.

Yes its always a right time to invest in bitcoins if you can hold it for a long term so even if you invest in it now and wait for next few years then you will be making good profits on your investments and if you are good in trading then it can be an added advantage for you to make additional profits.
that's the big question if you can hold and can resist the pressure when you are seeing that the value is falling, I'm with you when you 'say that there's no
right timing its always good buying and holding your bitcoin just seek and you will find more ways to grow your bitcoin.
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August 28, 2017, 09:35:04 AM
 #1036

How many people store their bitcoin for a long time?

Do you made a poll and have the percentage on hand? Is it over 70%?
Without a poll I already think that most people today prefer to hold their bitcoins for savings and future assets.

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August 28, 2017, 10:52:29 PM
 #1037

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.
Its better to save your bitcoin than to spend it with unneccesary things. It much better to spend it to buy thing that you need in your everyday life. Such as foods. So that youre bitcoin spending good. But i suggest to save it. For  you to have money in case of emergency or for your future expenses. Or to buy also things that you want like clothes,shoes and gadgets.
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August 29, 2017, 12:01:29 AM
Last edit: September 01, 2017, 12:22:51 AM by drachman
 #1038

How many people store their bitcoin for a long time?

Do you made a poll and have the percentage on hand? Is it over 70%?
I do not think the percentage of people storing bitcoin long term is that high, most people sell at the first sight of profits so it is very obvious to me that there is no way that percentage is right even in a bitcoin forum.
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August 29, 2017, 12:17:28 AM
 #1039

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

Come share your thoughts

The benefit is the profit that the user will earn. Bitcoin's market value increases from time to time. And just bybsimply holding your Bitcoin, its value will increase as well as the profit that you will get. You should be patient on holding your Bitcoin because there'll be times that its value will decrease, you still need to compel on holding it even backdrop happen.But it will be worth the wait, once the profit is earned

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August 29, 2017, 03:47:09 AM
 #1040

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.

It is true that holding coins was proven and tested that in the end it will give us a big reward, if we will become patience only. Especially into bitcoin, the expectation of the community in it was too high about the prediction by next year in the value of bitcoin.
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