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Author Topic: bitcoin benefit of saving for a long time?  (Read 82238 times)
rainezerr401
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December 06, 2017, 06:50:40 PM
 #1941

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 and it was very nice to this coins to earn more profit in the future. You can also start to earn more coins as long you invest on it because the value will keep on increasing as long as there are so much interest on it.
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December 06, 2017, 07:10:30 PM
 #1942

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.
Bitcoin give you cash, sparing them for quite a while yet I think contributing the bitcoins is preferable path over sparing of bitcoin. Sparing will produce just that sum which will bring up in the estimation of the bitcoin while speculation profit and the raised esteem is a surplus for you in venture. Speculation likewise create wage for you in future.
Putting all your money into banks and that too for years and years will not give you anything. If you really want to have something in life, then you have to take out that money from your account and should invest it in bitcoins. The best thing which you can have in your life by saving it for some long period of time is that you can get more and more money and that too with each passing moment without putting that much efforts.

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December 07, 2017, 06:09:49 AM
 #1943

Why do people hodling bitcoins for a long time by the way? it's because it they don't want to earn just an ordinary profit but a big time profit because keeping your bitcoins in your pocket means you are investing for your future.
Despite the fact that it’s being said that Bitcoin is highly volatile, people still believes in Bitcoin will keep going higher and higher without running down. I don’t know if I should say that’s really crazy or what. Well, I also hold, and I have made a huge profits ever since hitting $10 thousand for each of my BTC.

I see people discussing whether they want to withdraw or keep on investing. I’m thinking of withdrawing the profit I have made so far, at least to prove that I have achieved something.
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December 08, 2017, 08:26:51 AM
 #1944

Why do people hodling bitcoins for a long time by the way? it's because it they don't want to earn just an ordinary profit but a big time profit because keeping your bitcoins in your pocket means you are investing for your future.
Despite the fact that it’s being said that Bitcoin is highly volatile, people still believes in Bitcoin will keep going higher and higher without running down. I don’t know if I should say that’s really crazy or what. Well, I also hold, and I have made a huge profits ever since hitting $10 thousand for each of my BTC.

I see people discussing whether they want to withdraw or keep on investing. I’m thinking of withdrawing the profit I have made so far, at least to prove that I have achieved something.
Undoubtedly bitcoin is the best digital currency and it shows that we can earn big profits with bitcoin just by investing into it little amount and holding it for such a long time. I am very much surprised by this currency because it as an investment has changed lives of many investors.

Yes, There are some other altcoins which are going to have some good future because they are simply following the footsteps of bitcoin.
superjeyy
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December 08, 2017, 08:34:11 AM
 #1945

This topic is very relevant right now. As we all know, Bitcoin reached a remarkable rate of $15,000. Even reaching $17,000 in some countries. If you have stored your Bitcoin for the longest time, now may be the right time to finally cash out a part of your money because it has multiplied in value significantly. The situation with regards to the current rate of Bitcoin is a big realization on why we should hold on to our Bitcoin because of it's volatility, its rates can reach heights we never knew it would.
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December 08, 2017, 08:38:03 AM
 #1946

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 are two factors. the one is for investment and the second is for future purposes.

this two are the main factors why their store bitcoin. the price of the bitcoin increases now every time so they store it for long time so that they will get profit. the future purposes like saving money in the bank so that in future they have money and some of them includes also the price that comes up every time
domari
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December 08, 2017, 08:53:29 AM
 #1947

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 they save bitcoin to sell at the highest price. Bitcoin will continue to rise and they try not to sell until bitcoin is really high in price.
mel1978
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December 08, 2017, 09:07:18 AM
 #1948

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

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Saving bitcoin for a long time gives us huge benefit that one reason why people wanted to hold their bitcoins in their wallet for a long time. Bitcoins price and value nowadays is still increasing and for those who have already holding their bitcoins in their wallet have that huge profit so if you want to be like them save bitcoins I guess it is still okay to start saving.
sumanto
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December 08, 2017, 09:16:05 AM
 #1949

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

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yes you are right if playing bitcoin should be for the long term because it is very profitable from year to year, in view from 2013 bitcoin only for $ 1 and now the price of bitcoin in 2017 has reached its highest price of $ 20,000 it is very profitable because 20.000% profit.
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December 08, 2017, 09:21:46 AM
 #1950

Of course,  when you keep bitcoin in your wallet for a long time, you will get profit when the bitcoin price goes up. At present, bitcoin prices are rising very high, those who keep bitcoin a few months ago or more, they will sell bitcoin when the bitcoin price is higher than the market price.
The bitcoin value is increasing so saving it for a long time will bring big profit for the holder  .
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December 08, 2017, 12:03:35 PM
 #1951

Of course,  when you keep bitcoin in your wallet for a long time, you will get profit when the bitcoin price goes up. At present, bitcoin prices are rising very high, those who keep bitcoin a few months ago or more, they will sell bitcoin when the bitcoin price is higher than the market price.
The bitcoin value is increasing so saving it for a long time will bring big profit for the holder  .

Most interesting part is that who ever bough even few days ago made profit cuz price really went high. And for the moment seem that there is now way of stopping at any point. Save and try to collect as much as possible cuz when and if 20k is broken then it might come to little bigger correction in price.



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tinystone26
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December 08, 2017, 12:18:33 PM
 #1952

Yes the best way of earning is saving it for a long time than putting it in other online wallet and you can trust the price of bitcoin because it increase day by day. so that means it gives you a better benefits.

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December 08, 2017, 02:30:21 PM
 #1953

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

Come share your thoughts


Yes they have a benefits that can get in storing bitcoin on wallet because the value of bitcoin is keeps in changing so that it is possible too that your bitcoin will increase. It is good for those people who store because in this strategy they can earn also.

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December 08, 2017, 02:47:40 PM
 #1954

bitcoin in my opinion is better traded because of rising and falling prices can benefit, but have risks, but bitcoin can provide benefits for those who hold it for a long time because bitcoin prices always go up, because it bitcoin can give you an advantage just by storing it in the wallet
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December 08, 2017, 08:50:17 PM
 #1955

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 they save bitcoin to sell at the highest price. Bitcoin will continue to rise and they try not to sell until bitcoin is really high in price.
If you do have enough resources that you can invest in bitcoin but you don’t sufficient amount of time to deal with bitcoin, then the best thing which you can do in that case is that you go of buying of your bitcoins and then keep holding your bitcoins for quite a long period of time. This will of course help you in having more money as the market price is continuously rising. Above all, you will also be able to manage other things.
barabarian1
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December 08, 2017, 10:38:51 PM
 #1956

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

Come share your thoughts

it will saiy you earn profit if the first time you bought bitcoin and when sell it you get different price and have much price when you sell it. profit can be earn by saved bitcoin for long time. people that save bitcoin for long time believe that bitcoin price in future will grow

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christina30
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December 09, 2017, 12:01:16 AM
 #1957

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 price of bitcoin is getting corrected and soon it will dump more so if you buy at a higher price then you just need to hold for the next year.so to be able to earn profits for future either holding bitcoin for a long term or being long investor.
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December 09, 2017, 12:44:29 AM
 #1958

Exactly, bitcoin prices will continue to skyrocket as users continue to rise rapidly rather than bitcoin stock. this is what makes us have to be sure that the future of bitcoin will continue to improve so we have to keep for a long time.
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December 09, 2017, 01:02:01 AM
 #1959

I'm here for two years and more, in this time I saw many crazy things. What is good to do depends just from individual skills and wishes, people trade and have monthly income from that for life, some people just save and price now is like that that every bitcoin holder is happier then ever. What is the best thing you can do is to try everything you can, like I'm doing. Trade a bit, save a bit, gamble a bit, earn here and there and repeat process again. For now I have benefit from my activities, and with this rise I only think how could I save more. Learn from my mistakes.

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December 09, 2017, 02:29:57 AM
 #1960

The value of the amount of bitcoin is determined by the dilute value, and most people believe that the price of the future bitcoin will be higher.
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