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Author Topic: bitcoin benefit of saving for a long time?  (Read 81785 times)
Eternu
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November 11, 2017, 01:47:41 PM
 #1721

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

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By saving bitcoin for a long time will certainly be beneficial because with rising prices will increase our profits when selling at high prices
You are correct about what you said, at least part of it. So far price of Bitcoin has been rising, which alowed us to earn money from difference in the price. Hopefully that will continue for long time, but don't forget that there is limit to that way of earning. One day Bitcoins price will be steady and it will not bring same amount of profit. Problem is not in amount, but when will that happen. And that no one can tell for sure.
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November 11, 2017, 02:17:57 PM
 #1722

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

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As l've known to my sister,holding bitcoin is a very  big opportunity to become rich. As she patiently monitor the price Of coins she always get the high price.As price is going down shes buying  and storing her coins.Holding bitcoin for a long time is a very big benefit to a bitcoin holder because there's a big possibility to make bitcoin price times 10 more.

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November 11, 2017, 02:45:03 PM
 #1723

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

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From the very start I know that Bitcoin price is continuously increasing by time. this is one of the reasons why there are many users that are storing their Bitcoin in their wallet. They have many purposes why they are doing it but almost the same reason. They wanted to gain a bigger value in the future. Well, practically speaking it is a great technique.

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November 11, 2017, 03:01:26 PM
 #1724

they store up their bitcoin for along time thinking they will benefit more by earning..the higher the bitcoin the more profit. The bitcoin is now rising and no one can predict the price of bitcoin,,it's better to invest or store more bitcoin for longer time.
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November 11, 2017, 03:01:34 PM
 #1725

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

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I think the reason why people just store their bitcoin in their wallet is because they are waiting for the price of bitcoin to increase so that if they convert their bitcoin in their wallet, they can earn profit. Also, their bitcoin in their wallet is safe unless theres a hacker that hacked their account or they accidentally given their password to someone.
- Well, most of them have only one reason that is to wait for the price of bitcoin to rise higher and higher, when the price of bitcoin reaches at the highest price possible, they will sell to receive a huge profit margin, they always believe the price of bitcoin will always increase over time
- Although they have a belief in bitcoin is a good thing, but I think they have put too much faith and their time for the wait, the future of Bitcoin is still a big question, no one can predict, if they wait for a long time and luckily, they will have huge profits but if they are unlucky, they will waste a lot of time, so I think if someone is in this situation, they should have a plan to invest and optimize the profits, time is money, should not be wasted too much.
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November 11, 2017, 03:16:16 PM
 #1726

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

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As i think this is a good opportunity to save it first specially to newbies like me, because maybe in the near future i can sell it at a higher price. Its very profitable to me and us also if we can do that. But Bitcoin price is not always permanent so that you need to be wise.
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November 11, 2017, 03:50:12 PM
 #1727

dev please update spreadheet. i has join personal resources..old position newbi now my position junior.member
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November 12, 2017, 06:23:12 AM
 #1728

bitcoin price keeps rising, there isn't any need to wait for the price down to ensure that the best way to revenue is to find instantly. bit[Suspicious link removed]d for long-term investment.
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November 12, 2017, 07:26:08 AM
 #1729

Yeah of course Bitcoin is a long term investment it increases in value day by day. Smiley
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November 12, 2017, 07:36:43 AM
 #1730

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

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Ofcourse its a yes of you save your bitcoins now i think after a 2-3 years it will double or triple because the bitcoin is increasing so no doubt that maybe you'll become rich someday.
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November 12, 2017, 09:09:06 AM
 #1731

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

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Ofcourse its a yes of you save your bitcoins now i think after a 2-3 years it will double or triple because the bitcoin is increasing so no doubt that maybe you'll become rich someday.
There is no doubt that it will happen because the price of bitcoin is now very high and i think that range of year for holding bitcoin will bring a lot of profit for sure. If you have at least 1 bitcoin then keep it on a safe place and forget it for temporary because the price maybe dump and pump or vice versa but somehow in the incoming years it will go up very high.
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November 12, 2017, 09:25:26 AM
 #1732

Yes it is. Since as more people buy Bitcoin, its price will increase also. So when you accumulates more Bitcoin and saves it in your wallet, after more years to come its value maybe triple or even times 10 its value when you first bought. Besides, when the objective of Bitcoin happened that it will be accepted as payment, it is the very benefit you can have.

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November 12, 2017, 09:50:05 AM
 #1733

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

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Technically speaking, holding onto one’s bitcoin is actually quite the same as saving in the bank. Although, holding onto bitcoin is so much better because it’s value increases, not like savongs in the bank.
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November 13, 2017, 05:18:31 PM
 #1734

it would be greater to accumulate Bitcoin and preserve it than purchase and preserve without accumulating Bitcoin.  It is the accumulation that will make you optimize the advantages of Bitcoin price improve, The best issue about bitcoin is that even if you can't get it then also you constantly have an choice of earning it in different approaches so try to receive it to maximum attainable extent and maintain it
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November 13, 2017, 05:30:41 PM
 #1735

Bitcoin holding profitable. bitcoin price increase rapidly day by day no other investment place give profit like bitcoin. hold for 2-3 years it will be double
and get huge profit.


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November 13, 2017, 08:57:53 PM
 #1736

I started my journey with bitcoins in the year 2015 and since then I am holding majority of my coins and no doubt whenever I was in need of money I sold some of them at higher price but I made sure that I should have some coins for the future to earn higher profits on my investments as buying and selling has always been a part of me and I never miss an opportunity of making profits but if you want to make best profits then saving bitcoins longer is the key.

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November 13, 2017, 09:27:33 PM
 #1737

I started my journey with bitcoins in the year 2015 and since then I am holding majority of my coins and no doubt whenever I was in need of money I sold some of them at higher price but I made sure that I should have some coins for the future to earn higher profits on my investments as buying and selling has always been a part of me and I never miss an opportunity of making profits but if you want to make best profits then saving bitcoins longer is the key.
That's a good idea, investing in bitcoin for a long term is better way to get more profits to be made because of its high growth and high prices, which makes many of them hold the bitcoin that it has.This is the reason why some people likes investing in bitcoin and because It has a big potential that it will.
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November 13, 2017, 09:29:23 PM
 #1738

Yes ofcourse, i would love to save my whole money in bitcoin and wait for 5 to 10 years to grow my money. this is a good question you've got. i will recommend this to my family also about this matters. coz they know that i'm saving my money thru bitcoin..

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November 13, 2017, 09:44:31 PM
 #1739

Yes ofcourse, i would love to save my whole money in bitcoin and wait for 5 to 10 years to grow my money. this is a good question you've got. i will recommend this to my family also about this matters. coz they know that i'm saving my money thru bitcoin..

its profitable to save  for a long time because bitcoins prices are on the ever increase ride and no matter how it tumbles it will rise back up again and so you ll not loose if you invest into it in the long term.
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November 13, 2017, 10:05:15 PM
 #1740

Yes ofcourse, i would love to save my whole money in bitcoin and wait for 5 to 10 years to grow my money. this is a good question you've got. i will recommend this to my family also about this matters. coz they know that i'm saving my money thru bitcoin..

its profitable to save  for a long time because bitcoins prices are on the ever increase ride and no matter how it tumbles it will rise back up again and so you ll not loose if you invest into it in the long term.

that's right people will realize that bitcoin has a real value that it will give as max potential, no matter the price is still bitcoin is always pumping and keeps going up trend.. this is the best investment of a lifetime..

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