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Author Topic: bitcoin benefit of saving for a long time?  (Read 82240 times)
VeroBTC
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November 01, 2017, 02:29:46 PM
 #1621

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

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some people believe in future bitcoin price will be rise maybe multiple from now. so, they keep much bitcoin.
but some people maybe store their bitcoin to buy something in future, and they believe bitcoin will accept in all country, so bitcoin very useful later
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huige007
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November 01, 2017, 05:12:32 PM
 #1622

They save bitcoin in their wallet so when the time bitcoin price get higher in the market the money they saved with move to higher value.
Best way of earning money. And these people are just making their way in a right place. There are so many people who are very new to this trading. I suggest them not to hold until they become well-known with the profit, loss and risk factors. Then, buy bitcoin and hold them until the prices are going double and triple. Wait for very good time to come and then sell and enjoy.
You are right it is the best way for the making of the money and the bitcoin price and the income will increase more and more till the bitcoin will give the people huge profit and the wealth sol if you buy the bitcoin at the low price and you will hold it for the long time you will be able to give the strength and the power to your income I hold the bitcoin and I am sure soon or late but I will buy the bitcoin and I will get the return for sure.
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November 01, 2017, 05:21:59 PM
 #1623

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

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People stored bitcoin in their wallet because the value of bitcoin was continue increasing which brings profit to them. Holding your bitcoin was a good way also fornthe preparation for your future. When it hits the higher price that he/she is expecting then he/she will sell it and buy again when it price drop. Waiting for the perfect time of holding and selling it was a good strategy to earn more and thats the reason why they are keep storing it in their different wallet.

Hoganye
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November 01, 2017, 05:34:43 PM
 #1624

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 people believe in future bitcoin price will be rise maybe multiple from now. so, they keep much bitcoin.
but some people maybe store their bitcoin to buy something in future, and they believe bitcoin will accept in all country, so bitcoin very useful later
How much is target for the price of Bitcoin in future? You can not put a faith unclearly like that to invest a lot of money into Bitcoin, it just makes you get more risky and can loss all your money by the cryptocurrency bubble.
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November 01, 2017, 05:37:27 PM
 #1625

If we keep educating ourselves we will not gonna be victims of scam, and in fact we will become a big help of the newbie as we will be guiding them on what to do to succeed in this highly risky journey.

That's a common mistake if we are tooo aggressive in money invest because most likely we will gonna make faulse decisions and we will be tempted in investing a coin that is good to be true, however that is just part of a feeling that we need to learn because if we will still gonna make the same faultsagain will not gonna have a long term gain.
crustez00
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November 01, 2017, 05:54:01 PM
 #1626

They just getting lazy to trading daily/ such an event of drop or rise the prices. They believed in bitcoin stable and surely price growth rate. it counted as long term investment and not trading. the benefit is just the same as trading, but more effortless. that's my opinion though Smiley

Mr. Legendaris
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November 01, 2017, 06:19:18 PM
 #1627

If it says long time seems unsuitable, bitcoin is decentralized so anything can happen, if at this time bitcoin prices skyrocketed, but we never know with a day, a week or a month, so I suggest to sell when we feel get big profit.


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AE
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November 01, 2017, 06:54:01 PM
 #1628

I think that BTC correction will occur soon.Monero is already overtaking BTC in the dark web as payment. Somewhen BTC will decrease drastically, this hype of the only 1 currency will end sooner or later.

The best currency will make it. Bitcoin is in indeed in many minds now so the price increases. Wallstreet wants to invest in crypto, they put money into BTC.
Cling18
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November 01, 2017, 07:05:49 PM
 #1629

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 money for a long period period of time is actually an accomplishment. It's just like preparing for the future early than it's supposed to be. Saving is necessary for us because we don't know what will our future might bring because nothing is permanent in this world. We'll get a high profit if we save as early as possible. We'll be more prepared to all the possibilities in the future.
Hasbro27
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November 01, 2017, 07:29:35 PM
 #1630

bitcoin does not have to hold for too long, because the bitcoin price increase for now is so high, so bitcoin can give you a profit in just a short time, and my prediction of bitcoin prices will continue to rise until the end of this year.
Diamondfx
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November 01, 2017, 07:35:20 PM
 #1631

they actually store because they see it as an investment opportunity
Qunetick
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November 01, 2017, 09:58:16 PM
 #1632

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

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Of course you can benefit in bitcoin if you will save it for a long time because its value is keep on increasing. By the time that you sell it, you gained a lot of money.

rhodelmabanal
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November 01, 2017, 10:05:06 PM
 #1633

I think BTC occurs only for a short period of time if they keep guessing on BTC for long time, they could earn much money and at the same time helps you for benefit needs. You are also holding the future because it could be a natural way and best for trading for a higher price.

iSkyCastle
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November 01, 2017, 10:16:40 PM
 #1634

Very True.
That's something government can not manipulate.


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 are obvious aren't they? by holding your bitcoin become more valuable, and without doing nothing you could be rich!, what you want more than this? only gold offer this same thing but gold is going anywhere anymore, bitcoin has a very potential to go 10x or 100x in 10 years, i'm all for bitcoin

Yeah, Bitcoin has great potential and can emerge as one of the best security with time.





Freshmen
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November 02, 2017, 06:38:35 AM
 #1635

Holding is best investment way in bitcoin with low risk on it.  Holding bitcoin for several years can bring a big profit.
Holding your bitcoin is good, it's like invest your money into bitcoin but you need to aware that the price of bitcoin is not always go up, the bitcoin price can also going down. So you must know when to withdrawal all your bitcoins before the price going down.
Of course there is a risk and you have to accept whatever the result will be, if you believe bitcoin will be a success
and you see the price dump you need to continue trusting bicoin and just hold because it's going to be a roller coaster ride, you will only win when
you keep holding until you sell it for a profit.
I think of holding of bitcoin and that too for quite a long period of time as the best possible thing to do for the ones who are having bitcoins in their wallets. The biggest advantage which you can have is this that you are going to make more and more money with each passing second. In addition to this, you can also do some other kind of job as well. All you need is to remain patient.
TheKeyLongThumbI
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November 02, 2017, 07:01:23 AM
 #1636

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 only thing that encourages bitcoin investors to hold it longer is because they know that bitcoin's value will keep rising in the coming few years. This is the best benefit they can get from bitcoin.
ivrynx
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November 02, 2017, 04:26:57 PM
 #1637

Saving Bitcoin is also investing, there is a misconception that Bitcoin users only hodl for a long time and will cash out once the value reaches it's peak, I think that is a stereotype comment, since there are a lot investments out there that people holds for a long time, and there is no difference when it comes to bitcoin, I think they only say that way, since Bitcoin is popular, and that:s the only investment they know of. The benefit of saving Bitcoin for a long time will also give you more capital gains since bitcoin's value is going up through the years and, the good thing about it, is with bitcoin's value we can have financial freedom to do what we want and also, Bitcoin will be a fortune and will make our net worth even higher.
OracionSeis
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November 02, 2017, 04:49:15 PM
 #1638

Holding is best investment way in bitcoin with low risk on it.  Holding bitcoin for several years can bring a big profit.
Holding your bitcoin is good, it's like invest your money into bitcoin but you need to aware that the price of bitcoin is not always go up, the bitcoin price can also going down. So you must know when to withdrawal all your bitcoins before the price going down.
Of course there is a risk and you have to accept whatever the result will be, if you believe bitcoin will be a success
and you see the price dump you need to continue trusting bicoin and just hold because it's going to be a roller coaster ride, you will only win when
you keep holding until you sell it for a profit.
I think of holding of bitcoin and that too for quite a long period of time as the best possible thing to do for the ones who are having bitcoins in their wallets. The biggest advantage which you can have is this that you are going to make more and more money with each passing second. In addition to this, you can also do some other kind of job as well. All you need is to remain patient.
It's too hard! You can't have any profits while you holding Bitcoin for long term. I know the price of Bitcoin can increases more, but to be honest, I need money for pay my bill every month. Sometimes, the price of Bitcoin never increases in few months, how to hold my Bitcoin in that time?

Time off to sleep ... ( ̄︶ ̄)~
nikitano
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November 03, 2017, 04:58:53 PM
 #1639

Ahead of when i was starting in this BTC neighborhood, my colleagues told me to save some BTC and I failed to recognize what for. I am just preserving it for no reason because i don't evidently recognize what is the goal of it, and then all of a sudden i commenced to understand tiny by little that i got rewards from preserving as nicely.
cybersofts
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November 03, 2017, 10:43:23 PM
 #1640

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 answer to this is simple. people are holding bitcoin because the more you hold your bitcoins the more profitable it will be.
When you buy bitcoins and save them for long time the value will double or triple itself over certain period of time.
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