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Author Topic: bitcoin benefit of saving for a long time?  (Read 82240 times)
Andrianla
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November 21, 2017, 01:24:29 PM
 #1801

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 bitcoin price will continue to rise. So that is the reason most people are investing some of their money in bitcoin wallet. So are you also interested?
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dulce dd121990
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November 21, 2017, 01:27:51 PM
 #1802

SAving bitcoin in a wallet is a way of holding coins for the big opportunity of great earning. Bitcoin today is always increasing..that is why people waits for the right time to sell all their bitcoin at a high prices and that will happen probably in the future!

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November 21, 2017, 01:35:49 PM
 #1803

Bitcoin has a benefit of saving for a long time because bitcoin value keeps on increasing so the bigger you save on bitcoin, the bigger the value and benefit you can get. You can really get rich if you save longer, you can use this benefit as an advantage.
kupido14
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November 21, 2017, 02:39:28 PM
 #1804

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 time past by we know that bitcoin's value decreases and increases in no time. i think the effect of the changing value sets on the mind of those people who still hold and will hold bitcoins in the future because you can still get profit or money in just holding some bitcoin in your wallet.

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November 21, 2017, 03:26:10 PM
 #1805

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

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They are risking the value of their bitcoin. They have the guts that its value will increase in the long run so that they can gain profit.
Malaya
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November 21, 2017, 04:00:35 PM
 #1806

Definitely bitcoin can save more money if this stay in the wallet for a longer time. Just like with other investments, the value will continuosly improve if this is being used by the people. Value circulate in the market and it does give more benefit for those who invest and keep it long term.

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November 21, 2017, 05:35:19 PM
 #1807

Bitcoin currency has started its journey with a value of $0 now it has reached $8000. Those who have considered bitcoins as an asset rather than a currency are really wise ones. People who have purchased out of queeriosity are earning a lot. Same with those who are regularly buying bitcoins since its introduction are getting returns beyond their expectations. Even today it is not late, we can buy and save some bitcoins. Expects by studying bitcoins charts calming that it will going to touch $20000 by the end of 2018.Even after regulations from many countries it still have potentials to rise a lot.
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November 21, 2017, 06:08:12 PM
 #1808

Bitcoin is being used as a long term investment as it is likely its value will keep increasing in the near future. However it is likely it will get replaced by another type of cryptocurrency in the future. Remember the Blackberry?
giletto
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November 21, 2017, 07:15:15 PM
 #1809

Definitely bitcoin can save more money if this stay in the wallet for a longer time. Just like with other investments, the value will continuosly improve if this is being used by the people. Value circulate in the market and it does give more benefit for those who invest and keep it long term.
It does not like an investment, it is an investment. People are buying bitcoin in order to raise their money more and more. They believe in bitcoin and bitcoin is having the biggest market cap ever. Bitcoin makes people crazy even though most of them do not understand what bitcoin is and what bitcoin is capable of.


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Magnum Opuso
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November 21, 2017, 07:39:37 PM
 #1810

Yes agree, bitcoin prices continue to rise and make us tempted to immediately exchange to fiat, but the fact for several years the price continues to rise so it will be very profitable if we saving for a long time.
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November 21, 2017, 08:06:02 PM
 #1811

This would be a good gauge on how patient you are with your investment. Are you going to sell if you see that the price is going back below, say $800? Or are you going to continue holding and wait for the price to recover? But if you look at it in the medium term, in the last few years, bitcoin has been worth holding because of how it has increased in price massively. Just ask those who have been holding since the price was still at $200 and they would be so happy to tell you that good things come to those who wait.
finlandais
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November 21, 2017, 08:27:58 PM
 #1812

The benefit of saving bitcoin for a longer time is that we will get more profits.As the price keeps on rising so saving it for a longer time will automatically increase the amount of profits that we will earn.

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November 21, 2017, 08:59:56 PM
 #1813

There is a great benefit if you store bitcoins! Imagine the price before is already big, and if you saved bitcoins that time, you have made bigger bitcoins by now because bitcoin's price today is much bigger than before. Maybe know, you cannot see the effect of storing bitcoins but after weeks or months, you will see the good difference.
Patience is the only key to be successful because bitcoin is already unstoppable, it's going in an uptrend way although there is a possible that it will dump.
Put your trust on bitcoin when you invest and be optimistic that this will become the most popular payment method online in the future.
To trust in bitcoin is also very important, at some point the price of bitcoin will go down and it is at those moments that those that truly believe in bitcoin and those that are only in it for the money are going to take different actions, those that are in for the money are going to sell as soon as possible and lose money in the process while these that hold will one day be able to enjoy another pump at a later date.
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November 21, 2017, 09:07:48 PM
 #1814

The main thing is not to keep it till death. The heirs will say thank you, but ...

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Harrisonimo
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November 21, 2017, 09:19:01 PM
 #1815

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

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There's this saying that, "Once beaten, twice shy"; experiences gotten from scam sites is quite much and people did better prefer to just monitor the growth of their Bitcoin than rather give it to a website for business which can't be ascertained. Well, with the increments in Bitcoin price within the last 3months, I think it is worth what any investment package could have offered any persons. There is less risk when you have your bitcoin in your wallet.
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November 21, 2017, 09:21:14 PM
 #1816

There is a great benefit if you store bitcoins! Imagine the price before is already big, and if you saved bitcoins that time, you have made bigger bitcoins by now because bitcoin's price today is much bigger than before. Maybe know, you cannot see the effect of storing bitcoins but after weeks or months, you will see the good difference.
Patience is the only key to be successful because bitcoin is already unstoppable, it's going in an uptrend way although there is a possible that it will dump.
Put your trust on bitcoin when you invest and be optimistic that this will become the most popular payment method online in the future.
To trust in bitcoin is also very important, at some point the price of bitcoin will go down and it is at those moments that those that truly believe in bitcoin and those that are only in it for the money are going to take different actions, those that are in for the money are going to sell as soon as possible and lose money in the process while these that hold will one day be able to enjoy another pump at a later date.
Yes trusting and patience help us to be benefited in bitcoin because of this we learn many things about bitcoin and use it to earn big money by the use of bitcoin and share it to other people so that they also know how good is bitcoin while holding it and increasing the popularity that holds and support bitcoin.

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November 21, 2017, 09:37:06 PM
 #1817

Bitcoin is an long term investment and you cannot expect to become rich overnight and if you want to enjoy the success then you need to save it for a very long term and you should not bother even if you see downfall in the price and have patience to hold it longer and if you successfully do that then no one can stop you from becoming rich in future so saving bitcoins for long term will always bring positive results for you.
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November 21, 2017, 09:50:42 PM
 #1818

Well it's a practical way if you want to get a high profit when bitcoin reach the maximum price. Imagine the bitcoin price now is still increasing what more if we save it now and sell it in the future we instanly become rich. Setting goals is the key to become succeed in our dream so be patience have faith in bitcoin.
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November 22, 2017, 07:32:50 AM
 #1819

Well it's a practical way if you want to get a high profit when bitcoin reach the maximum price. Imagine the bitcoin price now is still increasing what more if we save it now and sell it in the future we instanly become rich. Setting goals is the key to become succeed in our dream so be patience have faith in bitcoin.
saving of the bitcoin for long time will give benefit but some time the value fall down and you need to use bitcoin on that in a result you lose some money but this is a rare case . mostly the the value of bitcoin raised and it will generate high income for . instead of saving the bitcoin invest the bitcoin or make some trade on bitcoin. the chance profit in trade and investment is is very high is compare to saving but the chance of  the lose is also less than trade and investment . long time saving is good for common people while trade and invest is for the experts.
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November 22, 2017, 07:51:17 AM
 #1820

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

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Their other's hoard bitcoin for their future. So if their a chance that some of us save bitcoin their is chance that we live better future. Because bitcoin is one of the big help to the community. So in the next generations let us know them what is bitcoin and how to used it.
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