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Author Topic: bitcoin benefit of saving for a long time?  (Read 82238 times)
ss890
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September 16, 2017, 06:45:36 AM
 #1241

Just look around you and study the market then you will get the right answer to your question. It's been proven at least hundred times that storing bitcoin today will always benefit us in the future. There are stories, true past which witnessed lots of millionaires coming out of the investment into bitcoin. That's enough to know why people are putting their money into bitcoin and storing it instead of spending it. The bitcoin has gone wild in the prices many times and taking it as an opportunity people have made fortunes for themselves. Why you try it yourself and put some money today. You will see yourself that you are getting profits in the few months. Just try it and feel it. :-)
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September 16, 2017, 06:50:41 AM
 #1242

Is that really a question? Obviously the effect of having Bitcoin over a period of time is that the price is going to go up in your investments going to be worth more. That's the same as with other Commodities that the same with other Investments there's nothing to be asked here. You save something that gains value because it gained value.

Unlike gold , bitcoin have their own risk but bitcoin provide more profit than gold since it's can increase up to 10% within a day , let's compare with gold that you must wait over a year to see some profit movement.
Based on graph, invest bitcoin is promosing and it's worth for your time
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September 16, 2017, 08:18:33 AM
 #1243

Is that really a question? Obviously the effect of having Bitcoin over a period of time is that the price is going to go up in your investments going to be worth more. That's the same as with other Commodities that the same with other Investments there's nothing to be asked here. You save something that gains value because it gained value.

Unlike gold , bitcoin have their own risk but bitcoin provide more profit than gold since it's can increase up to 10% within a day , let's compare with gold that you must wait over a year to see some profit movement.
Based on graph, invest bitcoin is promosing and it's worth for your time
Gold and bitcoin can be compared if you do in a long term basis, you cannot compared a stable gold to a volatile bitcoin
because with bitcoin the price may increase in just a day but sometimes it also dumps more than it increases.
It's about timing if you are not into long term trading.
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September 16, 2017, 09:44:14 AM
 #1244

They save bitcoin for a long time because they know that the Bicoin price will go not double, triple but 4-5x it's price of today. Just like 5 years ago many people ignore bitcoins just look what's the value of it today many people invest bitcoin past years ago and look at them now, they're now rich because they wait for the right time. The benefit of saving for a long time is the longer you hold your bitcoin the more richer you're going to be in the future.

Well let's have that history can repeat otself, it may took too long now before it increase again into 4-5x of its value now since some countries were banning it that gives too much affect on decreasing of btc.
Not some countries, only China is taking this foolish step of banning bitcoins and I don’t think so this is going to harm bitcoins and their popularity in anyway. You are quite lucky if it is really very easy for you to convert bitcoins into cash and I want more exchanges to be made everywhere in the world for cashing out bitcoins.
They do not said ban 100% cryptocurrency exchange, they just want improve the market of their country and also want to create some FUD. If they do not ban the ICO market, they become a one of countries have huge speculator Grin
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September 16, 2017, 10:27:06 AM
 #1245

whereas so far we know that china is one of the countries with the largest population of bitcoin users, but the unilateral policy adopted by the Chinese government has several reasons why bitcoin of course
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September 16, 2017, 10:54:36 AM
 #1246

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

Come share your thoughts


If you started to store bitcoin when the price of it is just $800+ something. Then you have a huge profit now. Those people believes in bitcoin that no matter what happen the price of bitcoin will increase more so they can get a lot of profit. I regret because I didn't believe in bitcoin when the price of it is low. Now no matter what happen I will continue storing my bitcoin until it reaches the value I want.
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September 16, 2017, 11:24:19 AM
 #1247

they realize that storing bitcoin for a long time will make a profit and at the same time they also use it as a savings. well if you will look back at the value of bitcoin from way back and compared its value now, It has a huge increase in value.
Saving I would say is the best option and the rightful thing to do of course, but that doesn’t mean you don’t get to spend some of them when you’re in need of money. Sometimes I spend whenever I have got an important responsibility to take care of.
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September 16, 2017, 12:24:25 PM
 #1248

Sure. Bitcoin provides longterm benefits, bitcoin more than just modern trend in financial world. But also an investment choice.
Bitcoin is the name of saving so according to me saving makes bitcoin grow and go high in its value and the price. So the saving can make us earn in the future because the price of the bitcoin is increasing with the time. The demand of the bitcoin is increasing and it is being invest in a lot of sites now so it can make you earn and it will grow your profit as well.

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September 17, 2017, 12:21:24 AM
 #1249

It is lot's of benefit you can earn a sort of income per year just by holding the coin. You can sell it at any price you want there is no limitations for the amount of profit you are allowed to earn. The price isn't regulated by the government which makes a big difference just research you will find so many reasons
Governments cannot try to regulate bitcoin price, they may try to manipulate it indirectly by banning bitcoin or by imposing taxes or by dumping all their holdings if they have any but bitcoin cannot be manipulated because they cannot print bitcoins, even if they create their own crypto it will be a separate coin not bitcoin.
They can only regulate the company like exchanges but it terms of pricing that would depend us, the basis law will play all the time
and that law is very simple which is the law of "supply and demand". When you are a trader, this is important to you, you buy low and sell high.
Yes but if they ban bitcoin then the demand for bitcoin is going to plummet and with it its price however a world wide ban of bitcoin seems unlikely since there are some countries like Japan that seems to be very enthusiastic about adopting bitcoin and getting the benefits that come with it.
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September 17, 2017, 02:54:30 AM
 #1250

Sure. Bitcoin provides longterm benefits, bitcoin more than just modern trend in financial world. But also an investment choice.
Bitcoin is the name of saving so according to me saving makes bitcoin grow and go high in its value and the price. So the saving can make us earn in the future because the price of the bitcoin is increasing with the time. The demand of the bitcoin is increasing and it is being invest in a lot of sites now so it can make you earn and it will grow your profit as well.

I am also saving bitcoins for the future but the thing is we can't tell what is bitcoin in the future. But as far as I believe that it would be high price in future compare to now specially theres a lot of miners and earners who want to have this coin.

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September 17, 2017, 03:30:34 AM
 #1251

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

Come share your thoughts

Some of them hold their bitcoin to earn big profit  and some buy if the price is low then they hold it for a long time and wait to increase the price.

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September 17, 2017, 06:53:23 AM
 #1252

Yes it is true, and this is why we do not sell bitcoin if less than 2 years after we buy, the profit of bitcoin will double when we can keep for a long time that is at least 2 years.
yup it does,if you holding it it will sure give you profit but its better to increase btc amount rather than just holding it for long thinking that it will double.i think investing in ico is also good ,they give good profit .

if just holding it alone I think just a little bit of profit to be had, if used to trade then, the opportunity to be able to berlip ipat it much bigger but remember investing according to Traffic is much better because it all resulted in your loss
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September 17, 2017, 07:01:03 AM
 #1253

If you are asking how much profit can saving bitcoin with time as a factor the only scenario that could give you the answer was the comparison of bitcoin prices back 7-8 years ago and now.
Definitely big profits. Rates are bigger because prices are worth less than today. Not very crowded that is why it is easier to earn.
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September 17, 2017, 07:18:40 AM
 #1254

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

Come share your thoughts

Its because they know that in the future Bitcoin price will rise up. The same as real money investment, you will profit from it and the interest will increase. Maybe that is a secret of those millionaires, who knows.

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September 17, 2017, 07:31:46 AM
 #1255

Lots of beneficial benefits for bitcoin holders in a long time, every year bitcoin prices continue to increase and if you continue to keep it within 2-3 years you will definitely benefit from it, bitcoin can be used for anything I think and anyone who saving bitcoin in a long time that will surely be beneficial for its future life.

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September 18, 2017, 07:05:23 AM
 #1256

They save bitcoin for a long time because they know that the bicoins price will go not double, triple but 4-5x it's price of today. Just like 5years ago many people ignore bitcoins just look what's the value of it today many people invest bitcoin past years ago and look at them now, they're now rich because they wait for the right time. The benefit of saving for a long time is the longer you hold your bitcoin the more richer you're going to be in the future.


Bitcoin is the best place to save your money. Bitcoin is fluctuates in past two days due to some factors. Due to this many was inverse in bitcoin. So you  may inverse Your money now in bitcoin now.It's the right time to save for long term profit.You mave inverse your money.
Well there are a lot benefits of bitcoins of saving them for a long time, below here are very few of them:
You can become rich in the future.
You can support your family needs and luxuries of daily life.
Your grandchildren will be getting huge benefits from them.
People can use bitcoins for sale/purchase of online products.
Some can also use it for trading.
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September 18, 2017, 07:46:28 AM
 #1257

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

Come share your thoughts

Its because they know that in the future Bitcoin price will rise up. The same as real money investment, you will profit from it and the interest will increase. Maybe that is a secret of those millionaires, who knows.
Having bitcoin save and hold for the long time has the potential to gain more profit because the price of bitcoin can be more increases for more than a year that can be turn a person who holds to become a millionaire or billionaire by that time comes.



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September 18, 2017, 08:09:25 AM
 #1258

they believe bitcoin price will go more than 10,000$ so that they save it

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Reid
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September 18, 2017, 08:49:21 AM
 #1259

Just imagine the regret of people who have sold their coin before up until now.
They may have a lot more than what they have withdrawn.
But I dont blame them, they may really need that money at that time for some reason.
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September 18, 2017, 02:19:57 PM
 #1260

whereas so far we know that china is one of the countries with the largest population of bitcoin users, but the unilateral policy adopted by the Chinese government has several reasons why bitcoin of course
It is being more famous than before because if we take a look of the previous performance of the bitcoin and the last few years so at that time we have seen how strongly bitcoin has been able to outperform many other investments of that time, if it is not the proper reason for you to hold bitcoin then I am curious to see what is it according to the people. Bitcoin is increasing in price so it is good to hold your bitcoin for long time.
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