bitcoin benefit of saving for a long time?

[DreamTeamGG]

Long time ago I heard a story about something like 1000 or more bitcoins being spent on 1 pizza back when the grass was green, and we were young and innocent
If the story is true, someone has clearly lost their saving opportunity.

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[Bonenx14]

Apparently so, bitcoin gives advantage held for a long time. Proved, people who hold bitcoin before have enjoyed the benefits at this time. That's why i'm interested in holding bitcoin, hope that atleast for next 3 years i can enjoy benefits like they.

[BTCevo]

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

So you mean that bitcoin price wont go that high? I am the witness of this coin, from $100 and now it is $3k per coin. Do you still doubt this coin? With big of adoption this price will increasing fast enough and no one can predict it. And nowadays I jusr found out that most of my friend just started it. So it will never be too late to save this

[bitcoinrays]

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 holding bitcoins have many advantages. I gained many benefits because of the bitcoin. I first bought bitcoins when the price is still low and I will sell it in the near future.

There is hardly any doubt in this thing that holding of Bitcoin for longer time will give you nothing else but a lot of earnings and profit that you can’t even think of. The way we have seen the graph of Bitcoin’s price going up, this is guarantee to this thing that if we hold our Bitcoin for little longer, we will get much more profit.

[Bitcotalk]

Look at the timeline of bitcoins price, there is a great jump in just a short period and this is still happening. We all witnessed how bitcoin built the reputation of digital currency, the growing use of bitcoins and altcoins affects the price and value of every digital currency and in bitcoin, there is a positive change, an increase in price which we all don't know when it will stop. Maybe until all people in the world is using bitcoin but it is very far from happening.

Yes it is true.  Its price grow rapidly.  It goes up like 700% since last year and I was really sad that Idid not save bitcoin.  I use bitcoin to finance my daily life but not thinking of saving for the future.  It is just this time that I was able to think about it after realizing that it can help me become rich if I will save some of it.

I have not heard of anything that can gain value at such a high speed as bitcoins do. Just, holding on bitcoins can return huge profits. It is because of this currency that many people are able to improve their life standards and save for their futures. For all those who didn't trust it, I can only show my sympathy.

You have rightly said and I will no doubt agree to what all you have said. I think if you enough resources and money that you can manage to have Bitcoins, then first of all buy as many as you can. If you think you can multiply the number you own by trading, only then go for trading. I’ll rather suggest you not to take that risk and hold them for better tomorrow.

[drachman]

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

Come share your thoughts

Cause I think they have the idea that probably sooner bitcoin will raise its value, but the thing is holding bitcoin is one of profitable aspexts of investing here in bitcoin, you do nothing with your money and yet its growing so it is essentially stated that maybe sokner it may double the price that you habe gaim for the prior campaigns or investment that you have.

It is not just an idea just look at the charts, the chart only goes up when you look at the whole history of bitcoin that make people very confident that bitcoin is going to go up in the future, so while past results do not guarantee profit that is the only thing we can use to try to predict the future.

[ammo121810]

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 of Bitcoin in storing it in the wallet for a long time is the profit they are getting from bitcoin. From the time this topic was post up to now the value of Bitcoin surge up and for sure the people who kept bitcoin for a long time already generate a very high income in keeping it.

[liseff3]

Yes. Because, i heard alot stories about people who hold bitcoin get a very good advantage with current price conditions. Bitcoin is very popular, and my friend says bitcoin is more profitable than gold.

[J. Cooper]

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.

I agree with you on this one. Holding bitcoin is perhaps the most profitable and safest way for people who are very unfamiliar with crypto and markets in general to make money. However this implies that a person is willing to hold their bitcoin for a long period of time.

[Aganythe]

bitcoin price tag continues to rise, there is no reason to wait for the price tag down so that the greatest way to profit is to acquire instantly. bitcoin helpful for prolonged term investment.

[sampalokmix]

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

Come share your thoughts

Well bitcoin is naturally design for being unstable price and its volatility for its own sake in the sense that this is also the reason why its value is raising . People holds their coins when the exchange is low so when the time comes that the price of bitcoin is high again they can trade it or they may have a huge amount of money.

[aeternus]

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.

And the best thing is that after two years you are not forced to sell, if you keep holding, the amount of money that you can earn is great, so there is on doubt in my mind that the benefits of holding bitcoin for a long time are there and anyone can see that those benefits are true by looking at the bitcoin charts.

[evilgreed]

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

So you mean that bitcoin price wont go that high? I am the witness of this coin, from $100 and now it is $3k per coin. Do you still doubt this coin? With big of adoption this price will increasing fast enough and no one can predict it. And nowadays I jusr found out that most of my friend just started it. So it will never be too late to save this

                      I haven't really seen it with my own eyes and even witnessed it before, but i have high hopes and expectations that it will rise that high in the future. Maybe some are really doubtful just because they jsut getting started or they haven't seen it before or maybe afraid that it was another schemes from past that they were being victimized.

[janchegg1]

Bitcoin is a decentralized so expect of jot being stable of its price. But still if you buy stleast a one bitcoin and wait up to 1year you see the difference of the price of it. Aslong as bitcoin is being known by other people theyre being interested to invest money on bitcoin thats the reason were getting a high price of bitcoin

it`s very obvious , but  at the same time , reasonable. I have to say that I `d support that position. And I see a reason in that.

[ArIMy11]

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 bitcoin even if it takes a long time can surely give you a very worth benefit. Have you heard about someone who biy pizza? By that time bitcoin has very low price and he did not expect that in the near future bitcoin price will rise and rise and rise again. If he saved it until even this year he is surely a millionaire now (billionaire maybe?) Do you want to the same thing to happen to you? Of course not, right? So do not hesitate to save bitcoin even if you are going to wait for a long time for the price to rise again.
If you find it difficult to save, you can try trading but still ypu have to wait for the price to rise to sell and wait for the price to become low to buy. See? There is no easy but is beneficable.

[bentong talong]

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

Come share your thoughts

Storing your bitcoin for a long time will surely give you long term benefits. We are all aware that the price of bitcoin is increasing continuously although it goes down a bit sometimes. Trusting on bitcoin's pump is a risk but if you are going to be able to surpass all of it you will have the chance to earn lager amount of money. Many are believing and expecting that the price of bitcoin would go up to $10000 that's why they are holding it for a long time.

[Ajinomoto40]

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

Come share your thoughts

There are a lot of benefits if you are going to keep your bitcoin for a long time. The possibility that you will earn large amount of money would increase if you are going to be patient with your income. But it depend on your decision. If you are willing to sacrifice the time that you may get your money on hand then wait for a bit. You will enjoy what you may get later on as soon as you can get your income.
 

[barbara44]

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.

Indeed! Even if we look at those who are millionaires now, they have been storing bitcoins for long time and now enjoying the sweet fruits of their patience. Bitcoins are used or understood as savings by many people.

They are not ready to treat it as currency, rather using them as investments and that too for long terms.

[JamesColombia]

If you don't want to take any risky of investing it anywhere then its best to save your bitcoins for future by keeping them safe in your wallet as price is tend to rise in long term but make sure that you manage to hold enough amount of bitcoins as lower amount will not give you higher benefits.And also choose a good wallet like blockchain.

[Babyrica0226]

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

Come share your thoughts

Even before, I'm not yet here in bitcoin world I do save some money in bank but never have any interest like what bitcoin can do. Because in bitcoin if you save it there is a big a chance that it will increase more than your capital depending on the demand of the users and investors.