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Author Topic: bitcoin benefit of saving for a long time?  (Read 82240 times)
chickenado
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December 01, 2017, 03:49:51 AM
 #1881

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

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Many people stored their bitcoins in their wallet
because they know the nature of having bitcoin as an investments,they wanted to double or triple the profit as times goes by,thus everyone knows its price is volatile but every investors take risk in their money.Holding bitcoin is like a gamble but the advantage is it has a  great potential that it is more profitable through time and it is more beneficial if it is widely known around the globe.. even if there were downfall most important is it can recover in a small period of time.
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December 01, 2017, 04:03:16 AM
 #1882

Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.

I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder
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December 01, 2017, 04:15:34 AM
 #1883

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

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Proper bitcoin can help us save money for a long time, but what it can bring to the other is profit.
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December 01, 2017, 04:58:44 AM
 #1884

Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.

I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder

Yes if your plan is to hold bitcoins for next 4 to 5 years then you can buy it even now as in next 5 years the price of bitcoins will be really high but to hold that long you should have patience and should not disappointed even if you see downfall in the price but if you are looking for quick profits then this is not the right time to buy bitcoins.

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December 01, 2017, 05:10:30 AM
 #1885

I think that there is no unambiguous answer...you need to look at the calculations and news...it will be better for me to save it for a long time, because I believe in its power...
I can say that there is a definite answer on this, when we are saving bitcoin for a long time we are all benefiting on it. Look those people that believed to bitcoin and did hold for a longer time, they are now good for holding and are enjoying the profit they've made in bitcoin. And that's why bitcoin saving for a long time will give benefit.



 

 

 

 

 

 


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ihsanskanzaone
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December 01, 2017, 05:13:21 AM
 #1886

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

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long-term benefits of bitcoin as an investment as bitcoin prices increase over time making it a promising investment. so many people keep their bitcoins for a long time. Imagine if you have 1 bitcoin for $ 8,000 and then next month the price of 1 bitcoin up 15% or about $ 9,700 then the price difference is your profit in bitcoin investment.
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December 01, 2017, 05:17:48 AM
 #1887

More people hold their bitcoin to his/her wallet to earn more profit. That's a good idea than holding in the bank for tha long term. Bitcoin has a volatile value and you can't predict when it pump or dump. Holding your bitcoin in your wallet have many benefit, but one reason why we want to hold is we want good profit.
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December 01, 2017, 05:23:55 AM
 #1888

Because every time you seel, the next day you will probably regret. It is hard. It is like an addiction. We all need more, every day. And we need to check the price every minute. I think people are crazy about this.
SirLancelot
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December 01, 2017, 11:19:01 AM
 #1889

this is true, bitcoin will not get any disturbance, including taxes.
so bitcoin is one way to save and will be safe for a long time. maybe this is one of the right solutions for people who are not trusted with bank or regular curency
There is no doubt in the fact that those who held bitcoin for long time are now rich and living a luxurious life. Bitcoin is soon going to rock the world by becoming the most expensive asset of the world. At present, many people are using bitcoin as the most trustworthy long term investment. Even many investors have switched from gold and real estate to bitcoin for making money in large amount.
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December 01, 2017, 11:42:33 AM
 #1890

Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.

I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder
Whatever the price of bitcoin if you willing to invest better to buy as early as you can. Bitcoin already proven its power to rise as high as it can so never doubt to save it for longer term. You will probably never regret your decision if you save now and hold it for 4 to 5 years.
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December 01, 2017, 11:56:06 AM
 #1891

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

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perhaps they intend to save it for the future for fear of investing and do not want to trade so they intend to keep it alone. Maybe in the future bitcoin prices will rise from now on. but I think the current price is good enough to sell bitcoin not just to keep it in the wallet only. because the worried the bitcoin price will come down and there is no stable word in the crypto if there is a chance as good as his use as well as his.
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December 01, 2017, 12:00:56 PM
 #1892

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

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Storing bitcoin in their wallet has a big benifits because time by time bitcoin can increase its price so that you may become rich when you had already to sold and chang your bitcoin in to cash...Your money will double,tripple and quadropple to its currency price.

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December 01, 2017, 01:48:30 PM
 #1893

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

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bitcoin is a digital currency that has a very high price potential, it is very suitable for bitcoin investment and make bitcoin as a future savings, because the more you save in bitcoin the higher the profit you will get from the profit of bitcoin price increase.
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December 01, 2017, 02:09:23 PM
 #1894

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 myself also do this. I always make it a point to leave some bitcoin in my wallet. I believe that in the future, bitcoin's value will increase more, so it's really good to prepare for that day. You'll get surprised by the increase and grab that opportunity to become rich. Therefore, if you have no important expenses at all just leave the bitcoin in your wallet.

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December 01, 2017, 03:35:23 PM
 #1895

Bitcoin benefit of saving for a long time is its price.You are in controll if you want to sell or hold your bitcoins.You can also watch the prices going high or going low.Advantage is in you.

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December 01, 2017, 04:15:03 PM
 #1896

Bitcoin benefit of saving for a long time is its price.You are in controll if you want to sell or hold your bitcoins.You can also watch the prices going high or going low.Advantage is in you.

The good in bitcoin is increasing is the most dominant than decrease , but the advantage is the value can lost any time and we need to know that ,but its imposible for now because bitcoin have many investors.
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December 01, 2017, 04:52:53 PM
 #1897

Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.

I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder

Yes if your plan is to hold bitcoins for next 4 to 5 years then you can buy it even now as in next 5 years the price of bitcoins will be really high but to hold that long you should have patience and should not disappointed even if you see downfall in the price but if you are looking for quick profits then this is not the right time to buy bitcoins.
holding 5 years is not a quick time mate you should know that, holding for as long as it takes patience, good discipline, and intention to withhold, but besides this even though you only hold a few months your chances of profit are considerable high, bitcoin prices rose very rapidly this few month,,
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December 01, 2017, 07:38:44 PM
 #1898

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

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Its because bitcoin will be grow fast and become popular  because of this you can gain more profit . This investment is for long time you need this to gain more but you need to be focus if you feel it will go down you have to sell it
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December 01, 2017, 07:47:54 PM
 #1899

Because every time you seel, the next day you will probably regret. It is hard. It is like an addiction. We all need more, every day. And we need to check the price every minute. I think people are crazy about this.
In the last few months, we saw the benefit to buy and hold BTC. We have to keep in mind that its supply is limited. Therefore, if more people want to have BTC, more it will worth. Just watch the road ahead and try to identify the best moment to let it go (a project that you want to invest the money, a vacation trip, etc.)
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December 01, 2017, 11:44:38 PM
 #1900

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

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bitcoin is a digital currency that has a very high price potential, it is very suitable for bitcoin investment and make bitcoin as a future savings, because the more you save in bitcoin the higher the profit you will get from the profit of bitcoin price increase.
Bitcoin can be more profitable if we hold it for a long long time.
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