bitcoin benefit of saving for a long time?

[goto5k]

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.

[gilad215]

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 Ultimately, it's a technology and tech needs continuous updation else it goes outdated.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.

[deejayce48]

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.

[Sled]

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.

[rainmaximo]

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.

[swetka]

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.

[criza]

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 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.

[KrisAlex18]

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 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.

[tbterryboy]

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.

[jinx029]

 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

[badungs]

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.

[readygoaw]

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.

[Dux2K]

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.

[Hotel_Prodeo]

Most of us are impatient to sell bitcoin quickly when we see an increase in prices, it is true that the bitcoin benefits of saving for a long time is at least 2 years, buy now at a price of $ 15k then 2 more years will reach $ 150k.

[RavenHood]

In my opinion, the benefit of saving bitcoin for a long time is the growing price of it. We all know that bitcoin’s amount is increasing even it has an unstable price. If you keep your bitcoin for a long time, the amount of it will multiply. Imagine that if you purchase or have ten bitcoin in the year of 2012 and you will sell it now, your profit on that will be very big. You just brought 13-15$ or 100$ each and sell it now at the price of 15,000$ each just imagine that. 

[livingfree]

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

Come share your thoughts

There are so many people, including me, are storing bitcoin for a long time because we know that the value of bitcoin are rapidly increasing. Also, it's certainly possible that in the future, the value of bitcoin will be more luxurious. So if we will gonna hold it for a long time and if the bitcoin value already reach its peak, this will be surely our advantage in the future.

[Zooplus]

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

Come share your thoughts

There are so many people, including me, are storing bitcoin for a long time because we know that the value of bitcoin are rapidly increasing. Also, it's certainly possible that in the future, the value of bitcoin will be more luxurious. So if we will gonna hold it for a long time and if the bitcoin value already reach its peak, this will be surely our advantage in the future.

The future looks good for bitcoin so there is no reason why we should not be investing with bitcoin.
As long as you are ready to wait and have the patience, then I guess you can make money with bitcoin, nothing can stop bitcoin's success
now especially that it's getting more popular.

[Cloak1]

People are holding purposely. They are waiting for a high price.They wish that the longer they save their bitcoin,  the higher the price will be. They think by doing such a thing,  it will give more profits which they might be rich easily and quickly.

[MyIdeas]

In my opinion, the benefit of saving bitcoin for a long time is the growing price of it. We all know that bitcoin’s amount is increasing even it has an unstable price. If you keep your bitcoin for a long time, the amount of it will multiply. Imagine that if you purchase or have ten bitcoin in the year of 2012 and you will sell it now, your profit on that will be very big. You just brought 13-15$ or 100$ each and sell it now at the price of 15,000$ each just imagine that. 

Bitcoin has grown so faster as compare to before and this thing is best for any investment to entertain all of its investor at the single time and bitcoin is most beneficial when a person invest into it for the longer terms and the people who invested into bitcoin two year earlier they are now the best profit scorer of it and bitcoin is the best invest you can make for the bright future and the millionaire life enjoying ahead.

[fearcoka]

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

Come share your thoughts

There are so many people, including me, are storing bitcoin for a long time because we know that the value of bitcoin are rapidly increasing. Also, it's certainly possible that in the future, the value of bitcoin will be more luxurious. So if we will gonna hold it for a long time and if the bitcoin value already reach its peak, this will be surely our advantage in the future.

But it doesn't mean you need to hold Bitcoin without any target. I asked a lot of people are the Bitcoin holder "when do you sell Bitcoin?" but almost the answer are unknown. It's really bad for long term investment because they are greedy by the value and growth of Bitcoin.