bitcoin benefit of saving for a long time?

[cramcram21]

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 think they also want to have a huge profit just look at the chart of bitcoin price since it started,
It is really something and also the story of the kid who bought a bitcoin at a low price and after a couple of year he remember it and sold it with a huge profit.

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[Pejoh Asu]

Yes, but I think there is no need to tens of years like land or gold investment, we only wait for 3 years to get the profit more than 900%, according analysis experts that the average increase bitcoin is about 300% per year.

[richkellj]

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.

You are very much right. I think of someone decides to hold Bitcoin for quite a long time, then this will be the best decision ever made by him. There is no doubt in this thing that the market price of Bitcoin will continuously increase and will result in more amount of money as well as profit.

[icecream sandwich]

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 are storing it because they know the capabilities of bitcoins. Maybe they heard about the news on the kid who invested in bitcoins before and just hold it for a long time then after a couple of years, that kid became a millionaire. Because the price of bitcoins before are too cheap compared from today which ranges up to 4000$. And it might grow even more so many people are holding their bitcoins including me, hoping for the growth of bitcoins. We all want to be reach that is the main reason of it.

[Bluestreet]

Yes, but I think there is no need to tens of years like land or gold investment, we only wait for 3 years to get the profit more than 900%, according analysis experts that the average increase bitcoin is about 300% per year.

it's a pretty interesting fact that bitcoin price increases about 300% per year. At this rate only savings in bitcoin will make us rich and all we have to do is hold for a long time and never short bitcoins in case of a bear market as there is always a bullish market after a bearish market, so patience is the key for investing in bitcoins, just buy and hold.

[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

The reason why is because they patiently wait for bitcoin to have a higher value and as of this time that is worth the wait because the value of bitcoin really boost up and they are lucky to keep those bitcoin for a long time and i think that they are already richer by now.

The truth is that we do not need to be that patient, someone that bought bitcoin in the last year got incredible profits, if that person is really patient then he will hold for many years and then he will see the huge results of waiting for a long time, do not forget those that believe in the bitcoin technology are going to be rewarded with great profits if they just hold.

[nejibens]

There is a clear benefit of saving bitcoin for long time, look at the history of the bitcoin's price , it is multiplied several times within few years. The holders which bought bitcoin in 2010 and 2011 created wealth by saving their coins and beinf patients.

[kodtycoon]

The benefit of storing bitcoin in a long time is definitely going to be very profitable, why benefit? because every year bitcoin prices are always on the rise, so if you keep bitcoin for at least a year then you will definitely get a good profit.

[forkchain]

I think if we save Bitcoin for a long time there is a chance of its fluctuated nature. So if we invest bitcoin instead of saving this will good. If we are risk taking personality we should save it for a long time in wallets. There are so many reasons to save it for a long time if we have huge amount of bitcoin and its price goes up there is a chances of growth in profits.

That's nice spirit from you if we are saving then we are actually doing good if we are not saving for long term then we should go for selling because there is will be no benefit if they are not talking on long term.

[chaser15]

There is a clear benefit of saving bitcoin for long time, look at the history of the bitcoin's price , it is multiplied several times within few years. The holders which bought bitcoin in 2010 and 2011 created wealth by saving their coins and beinf patients.

That's the reason why bitcoin is good for long term.

We have seen presently how bitcoin price grows over time despite of lots of negative news and attempt to make it crash. Now do we have other reasons to believe that bitcoin will not be benefited if we save it for long time?

[palle11]

There is a clear benefit of saving bitcoin for long time, look at the history of the bitcoin's price , it is multiplied several times within few years. The holders which bought bitcoin in 2010 and 2011 created wealth by saving their coins and beinf patients.

That's the reason why bitcoin is good for long term.

We have seen presently how bitcoin price grows over time despite of lots of negative news and attempt to make it crash. Now do we have other reasons to believe that bitcoin will not be benefited if we save it for long time?
[/quote

The past 8years has shown that bitcoin has the potential to keep increasing. Imagine when it newly came out that it was almost nothing to a dollar and compare the growth to date. It is a savings plan itself.

[molsewid]

There is a clear benefit of saving bitcoin for long time, look at the history of the bitcoin's price , it is multiplied several times within few years. The holders which bought bitcoin in 2010 and 2011 created wealth by saving their coins and beinf patients.

Truth there always a good benefit for saving and holding bitcoin for too long example of the one who became millionaire because of bitcoin he hold bitcoin from the start of this journey as see where he at now. If you have lot of patience then this won't be a problem but for me nowadays since trading is there and investment you can do what ever you want in your money while your holding.

[Mr.john]

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 good to save bitcoin and after a long years we are get some benefits on it. Many, people are holding bitcoins in there own wallet and it will wait for the time that the price of bitcoin so very high in the market. And it will have a chance to double the value of our money if the price is so high. In the way of holding bitcoin is good, we are save our bitcoin to because we are have reason to save bitcoin and we are believe that when we are saving there are so many benefits that we are gained on it so others people are willing to save their bitcoin. In saving it have a chance that soon we are become millionaire,  and it is not impossible that may happy happen. So, for now try to save and tomorrow will become rich.

[Emem29]

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

Come share your thoughts

yes. Theres a benifit if you saved bitcoin for a long time. Like now. If you saved a bitcoin in 2013 you have a lot of money, for exchanging bitcoin. So you are a lucky man, if you have a lot of bitcoin now.

[sariz12]

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.

Saving bitcoin for a long time is one of the best option if you buy your bitcoin in low price, theres a benifit if you saved bitcoin for a long time because we are have reason to save bitcoin and we are believe that when we are saving there are so many benefits that we are gained on it

[cydrix]

1. Richer
2. Richer
3. Richer
If youd save bitcoin in a long time or long term the current rate will be ofcourse increased so much if you started about 4 or 5 years ago the rate was so low unlike now if youd save it until now no doubt about it youll get rich all of a sudden

[offlinedragon]

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 reason why is because they patiently wait for bitcoin to have a higher value and as of this time that is worth the wait because the value of bitcoin really boost up and they are lucky to keep those bitcoin for a long time and i think that they are already richer by now.

Yes, in fact! I think there is no other better way of becoming a millionaire than just buying as many Bitcoins as you can and then holding them for quite a long time.

If we see the past graph of market price, then we’ll get to know one thing that the market price of Bitcoin has and will increase in the future. So you can actually become rich by keeping your Bitcoins.

[evgeniyosda]

If you search at the historic functionality of bitcoin, even the final handful of a long time, we have witnessed how obviously it has been in a position to outperform most other investments out there. If that is not great sufficient explanation to keep bitcoin for a lengthy time, then I don’t know what is. As with any other kind of investment decision, there will be volatility and hazards involved but as extended as the value keeps its extended phrase development intact, I will maintain a part of my bitcoin stored.

[Rosberger]

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.

Saving bitcoin for a long time is one of the best option if you buy your bitcoin in low price, theres a benifit if you saved bitcoin for a long time because we are have reason to save bitcoin and we are believe that when we are saving there are so many benefits that we are gained on it

There is a big benefit for saving bitcoin you can see that in a year it has grown so much so if people bought it a year ago and selled it now their profit would be huge.

[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 that we can get from storing bitcoins in wallet are the big profit we will earn from it. I we had invested a year ago and stored the coin and never trade or invest to other currency most probably that we already gained a very big profit. Profit is the benefit that anyone is longing for.