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Author Topic: bitcoin benefit of saving for a long time?  (Read 81797 times)
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December 08, 2017, 08:50:17 PM
 #1961

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.
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.
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December 08, 2017, 10:38:51 PM
 #1962

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

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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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December 09, 2017, 12:01:16 AM
 #1963

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

Come share your thoughts


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
 #1964

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
 #1965

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
 #1966

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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December 09, 2017, 02:33:05 AM
 #1967

I think everyone who stores bitcoin in a wallet for a long time are all about the same goal that is waiting for the bitcoin price to increase the most and then sell it, because the price of bitcoin is increasing day by day so retention Bitcoin in the wallet for a long time is also a good strategy.
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December 09, 2017, 02:50:33 AM
 #1968

My friends ask only about Bitcoin. Other crypto currency does not excite them. and it's not just me.
I guess this will last a long time. While people will not know more about the blockade and the entire crypto currency. Means the price will grow.



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December 09, 2017, 03:04:13 AM
 #1969

Opposite to what maximum are saying, I believe bitcoin will definitely continue to grow in future but there would be an end. Whether people accept it or not, if bitcoin isn't a bubble now it will turn in one later and will ultimately pops up. We have better alternatives to bitcoin and thus bitcoin can't longer enjoy its first mover advantage. Ultimately, it's a technology and tech needs continuous updation else it goes outdated. So, I will only be keeping my bitcoin for like 4-5 years more and will exit with whatever profit I ll have in my hand.

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December 09, 2017, 03:19:18 AM
 #1970

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

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These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

Yes, now it is a stored of value. Because we as a believers hoping and we strongly believe that Bitcoin will be acceptable worldwide as a medium of exchange. And it is possible, we are just uncertain when. So for now, it is better to buy and hold for a long time. Just like putting your money in a bank.

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December 09, 2017, 03:54:41 AM
 #1971

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

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These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

Yes, now it is a stored of value. Because we as a believers hoping and we strongly believe that Bitcoin will be acceptable worldwide as a medium of exchange. And it is possible, we are just uncertain when. So for now, it is better to buy and hold for a long time. Just like putting your money in a bank.
It is really possible for bitcoin to be accepted by the exchanges and the stores around the world because if they will realize the benefits of having bitcoin and accepting it then it will give a lot of benefit for us because we can now buy stuffs around the world using bitcoin and travel the whole world with bitcoin only.
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December 09, 2017, 10:39:45 AM
 #1972

I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.

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December 09, 2017, 11:00:15 AM
 #1973

It makes sense to store bitcoin in your wallet. The latest statistics show that it is advantageous to have bitkoyn on a purse. The price for it is constantly growing.
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December 09, 2017, 11:02:43 AM
 #1974

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 value of bitcoin is known to be volatile so saving your bitcoin for a long time will surely give you a lot of benefits. One of the benefit you may get is having increasing profit wherein the longer the time span you are saving your bitcoin, the higher the chances that you will get higher profit. Many people are unaware of this that's why they are just getting what they think is their limit. You should be informed always that pumps are occuring and it can bring you blessings.

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December 09, 2017, 11:09:35 AM
 #1975

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 are saving their bitcoin because they want higher income. As time passes by, your income is expected to increase more since the value of bitcoin is volatile. Patience is much needed if you are really aiming for a high profit. Many people reached their success for a long time so it is really adviceable that you wait a bit before you may enjoy your profit. Good things really takes time so be patient to get what you really want.
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December 09, 2017, 01:11:12 PM
 #1976

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

Come share your thoughts



These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

Yes, now it is a stored of value. Because we as a believers hoping and we strongly believe that Bitcoin will be acceptable worldwide as a medium of exchange. And it is possible, we are just uncertain when. So for now, it is better to buy and hold for a long time. Just like putting your money in a bank.
It is really possible for bitcoin to be accepted by the exchanges and the stores around the world because if they will realize the benefits of having bitcoin and accepting it then it will give a lot of benefit for us because we can now buy stuffs around the world using bitcoin and travel the whole world with bitcoin only.
The main benefit of saving for a long time is that those who are saying their bitcoin will be making lots of profits from the price which keeps on fluctuating up and down. And the main reason people save for a long time is because of the fact that Bitcoin is volatile in price and these has been a benefit cause it keeps on rising without falling. So they are making steady profit.

 
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December 09, 2017, 01:25:22 PM
 #1977

 people who have saved from the start now have a 2000% profit and that is what we all want even if people bought it at the price of 3.2k they still have 200% profit now profit is profit you just need to be sure you don't make loss
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December 09, 2017, 02:02:40 PM
 #1978

bitcoin can make profit if you saving for long time or short time. in any reason it will give you much profit as long you careful in cryptocurrent because it cant be predict.
if you save bitcoin for long time, you will have much time to do the other job, you not often for checking bitcoin price.
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December 09, 2017, 02:25:14 PM
 #1979

The post was published in march and now the guy knows the mostly correct answer on this question: because Bitcoin is a great racer! It is growing all the time.
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December 09, 2017, 02:33:14 PM
 #1980

Saving is good, just look price change in this year and we close to end of it.
from 1000 to 16k nice movement and good for those who had quite savings.

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