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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
nelsledma
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September 18, 2017, 07:05:23 AM
 #1261

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
 #1262

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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HARRYscotter
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September 18, 2017, 08:09:25 AM
 #1263

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

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September 18, 2017, 08:49:21 AM
 #1264

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They may have a lot more than what they have withdrawn.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.

Kevondo
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September 18, 2017, 02:19:57 PM
 #1265

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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September 18, 2017, 02:24:58 PM
 #1266

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 Smiley
If the story is true, someone has clearly lost their saving opportunity.

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September 18, 2017, 02:27:40 PM
 #1267

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
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September 18, 2017, 02:54:39 PM
 #1268

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
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September 18, 2017, 05:15:33 PM
 #1269

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.
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September 19, 2017, 11:14:41 AM
 #1270

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
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September 19, 2017, 06:06:48 PM
 #1271

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.

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September 19, 2017, 06:11:04 PM
 #1272

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

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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.

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September 19, 2017, 06:13:47 PM
 #1273

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.
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September 19, 2017, 06:40:25 PM
 #1274

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.
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September 22, 2017, 01:29:34 AM
 #1275

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.
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September 22, 2017, 01:48:49 AM
 #1276

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.

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September 22, 2017, 03:58:32 AM
 #1277

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.
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September 22, 2017, 04:29:54 AM
 #1278

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.

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September 22, 2017, 04:32:44 AM
 #1279

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.
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September 22, 2017, 05:32:45 AM
 #1280

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.

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