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mel1978
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November 14, 2017, 02:49:01 AM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Many people wanted to hold bitcoins in their wallet due to the reason that bitcoins price will rise up and rise up as the time goes along and for believing that they will get rich someday. There are lot of people that are now rich because of buying bitcoins two years ago. |
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Sled
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November 14, 2017, 03:49:16 AM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Many people wanted to hold bitcoins in their wallet due to the reason that bitcoins price will rise up and rise up as the time goes along and for believing that they will get rich someday. There are lot of people that are now rich because of buying bitcoins two years ago. That is right, a lot of people now are rich because they believed in bitcoin and they keep on buying bitcoin for the past few years and it resulted for them to make a lot of money and i think that we can also do it if we will buy bitcoin right now and hold it for the next 2 years or even more and we can expect some good profits because the price of bitcoin is ready to shoot up again. |
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L00n3y
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November 14, 2017, 04:42:20 AM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Maybe because they are waiting for the value to increase than present value. We do not know what the future of bitcoin with regards to its market value wether it will increase or decrease. The longer we keep our bitcoins the higher the risk we take if we profit from it or not. |
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phuclzu12
Member
 Offline
Activity: 103
Merit: 10
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November 14, 2017, 05:41:56 AM |
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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.. For sure it is because we have seen it dump and now it's back to it's normal trend, when we keep holding our bitcoin we can expect we'll get great benefits on it because it will make us more profitable as the value will continue to rise. Instead of wait and hope, why do you not own your chance? You can create the opportunity make money through trading Bitcoin with day trade. Honestly, I don't like saving Bitcoin for a long time though my wallet still have an amount for saving long term, but the profits you can earn from trading will be better than holding. |
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katrimans
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November 14, 2017, 07:05:17 AM |
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To date, I have seen couple of those who have been disappointed in keeping Bitcoin for a long time. But this isn't an easy task... right now Bitcoin is more stable, but years back, unpredictability was insane.
Why so? Because as much as I know the value of the bitcoin is very high and it is giving the profit to the thousands of the people and this is the reason the bitcoin is increasing in the value and the price I hope the bitcoin will be the best currency so no need to lose the hope and the bitcoin will give the value to the people who are having the fun in the bitcoin now I know how to use the bitcoin and how to increase the bitcoin power just be patient. |
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Sir Paijoe
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November 14, 2017, 07:06:38 AM |
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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.. For sure it is because we have seen it dump and now it's back to it's normal trend, when we keep holding our bitcoin we can expect we'll get great benefits on it because it will make us more profitable as the value will continue to rise. Instead of wait and hope, why do you not own your chance? You can create the opportunity make money through trading Bitcoin with day trade. Honestly, I don't like saving Bitcoin for a long time though my wallet still have an amount for saving long term, but the profits you can earn from trading will be better than holding. Right, I also do not like to wait for a long time, I prefer to get profit from daily trading with altcoin, there is no guarantee that the future prices can skyrocket. We never know what's going on with the future so the best thing we can do is find as much profit as possible and in a short time. |
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MRY
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November 14, 2017, 07:07:06 AM |
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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 for a long time can be profitable with higher prices but the profits will also be long, I prefer to use it for trading because it is faster to be able to earn profits |
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JRoa
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November 14, 2017, 07:10:33 AM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Yeah It is! It is the reason why many people are holding their bitcoin because of the benefits that they can get in the future. All of the investors have a faith to the bitcoin that it will gonna increase in the following years. Bitcoin has potential so it is better to hold it in a long time. |
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Kadal Ijo
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November 14, 2017, 08:05:24 AM |
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I do not think we can get a huge profit in just over 3 years, compared with a mutual fund that takes at least 10 years to get 200% profit or gold that takes more than 25 years to get 100% profit.
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sheldonnnn
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November 14, 2017, 09:06:57 AM |
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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 that the benefit of saving for a long time is obvious. Bitcoin's price has doubled in the last few months. So if you save Bitcoin in a wallet for a long time then you can increase your money several times. This is a much more stable way of earning Bitcoin than trading or gambling. This is a great long-term investment. |
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bobyhodob
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November 14, 2017, 09:17:28 AM |
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I do not think we can get a huge profit in just over 3 years, compared with a mutual fund that takes at least 10 years to get 200% profit or gold that takes more than 25 years to get 100% profit.
even just within 1 year bitcoin has increased more than 600%. I remember when earlier in the year of 2017 bitcoin is still around $1000 and this time around $6000 even reached ATH $7500. so it's really been proven, bitcoin very profitable for the long term even short-term. |
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King Sastro
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November 14, 2017, 10:55:31 PM |
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It takes patience if we invest, it is not possible in a short time we can get a huge profit, and this also applies to bitcoin, keeping at least 3 years then we will get profit up to thousands of percent.
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JL421
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November 15, 2017, 03:51:28 PM |
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there are many benefits i currently save bitcoin to help in hard times but instead of simply keeping it in a wallet i deposited on yolodice and invested in its bankroll i made 15% profit till now we should save by investing in bankroll
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plaintiff77
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November 15, 2017, 04:48:56 PM |
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My own point of view to this is that, it is much better to save bitcoin for a long span of time because of its fast changing exchange rate. As time goes by, everyone notice how bitcoin benefits all users in its very high rates. So meaning it is a great idea saving bitcoin because of the fact that the longer you save bitcoin the more you experience its fast rising exchange rate. This is one good reason why we consider bitcoin as the number one currency among all others. You get to experince its biggest value even if you stored it for quite some time. So it would be very advisable to save it rather than spend it not in normal manner.
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shillberting
Member
Offline
Activity: 103
Merit: 10
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November 15, 2017, 06:48:42 PM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Speculation is the only reason to hodl bitcoin for a long time in my opinion. Cant think of any other reason then the benefits from this. The only other benefits are getting "bitcoin" from forks that are happening which is free money and one couldnt complain against that. |
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martina14
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November 15, 2017, 07:06:32 PM |
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what do youthink if you are holding a hundred usd worth of bitcoin way back 2010! where are you now and whats your status in life ? i hope i can be on that time  i want to be i want it ! SO NOW YOU KNOW WHAT I WILL BE WIshing if i can to a fairy |
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Blitzboy
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November 15, 2017, 07:40:28 PM |
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I do not think we can get a huge profit in just over 3 years, compared with a mutual fund that takes at least 10 years to get 200% profit or gold that takes more than 25 years to get 100% profit.
WEll, I believe that investing your money in Ethereum will give you a better amount of money here. Bitcoin can not easily increase 100% anymore. But ethereum can easily x3 of its own price. Look at the current price and you can see the potential inside Ethereum. Moreover, bitcoin is soon becoming a form of investment and it will have no use in the future but to become a online property |
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marseille
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November 15, 2017, 08:06:11 PM |
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I do not think we can get a huge profit in just over 3 years, compared with a mutual fund that takes at least 10 years to get 200% profit or gold that takes more than 25 years to get 100% profit.
WEll, I believe that investing your money in Ethereum will give you a better amount of money here. Bitcoin can not easily increase 100% anymore. But ethereum can easily x3 of its own price. Look at the current price and you can see the potential inside Ethereum. Moreover, bitcoin is soon becoming a form of investment and it will have no use in the future but to become a online property Bitcoin is already an investment for majority of people and now they are not willing to use it as a currency which they were spending in the past and now the main intention of people is to save their bitcoins for a long term to make huge profits from it but the fact is that if you want to make best profits from bitcoins then you need to hold it for a very long term and on the other hand ethereum can give you best profits in quick time. |
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The Alchemlst
Full Member
Offline
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
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November 15, 2017, 10:31:09 PM |
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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 will get their benefit of earning more compared to their initial price when they bought those bitcoins. Theses people do not rush their investments until it reach a certain goal they set and they will wait as long as it take or as they can to earn more from these investments which is what I'm doing also. Take your time, investing is not a race but a test of patience. |
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youdacapt
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November 16, 2017, 07:00:23 AM |
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As long as I can get bitcoin effectively, then I am entitled to consumptive to 30% for profit in a weekly or monthly period, a larger percentage obvious for long-term savings and especially for capital and crypto investment investments. The most important is balance the balance sheet and maintain to reduce excessive emotional levels.
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