bitcoin benefit of saving for a long time?

[Charisse1229]

Of course it got benefit, most of the people store bitcoin as investment and because there are so many scammed investment, it is better just put your coin in your wallet and keep it safe and because bitcoin price is keep on rising so saving it for a long time is going to bring big profit for the holder

the big benefit saving bitcoin for long time in wallet is investment. the higher you invest for long period of time the higher you earn a profit.
why? because Bitcoin value is not stable in the market there are many time that the bitcoin value increase.
Once the value of bitcoin increase the result is high profit on your saving in btc wallet.

Yes we will have our own benifits when we keep holding into our bitcoins just think about it yesterday bitcoins hits 18000$ no one expect that bitcoin will hit that amount as of today. It is better to all if we holding and keeping bitcoins becuase if we holding and keep bitcoin for a long time, its price will go up. Like supply and demmand.

[1715249958]

1715249958

[Spontebob]

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

Come share your thoughts

We are all aware that the value of bitcoin is volatile and there is a large probability that the value of it right now is going to increase. If you are going to save your bitcoin for a long time, you will have higher chances of getting larger amount of profit. You will see that most of the successful people here became patient on having their profit and now that the value of bitcoin has risen over the roof, they were able to benefit so much from it.

[Ajinomoto40]

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 people used to store in bitcoin because they are hoping for larger income which may be acquired through waiting for a bit. The value of bitcoin is known to be volatile and most of the investors here became attracted to it because of that feature. The value may rise or fall anytime that's why you should be mindful on what's happening in the market. It is also risky since the possibility that you will benefit is not fully assured.

[Webetcoins]

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

Come share your thoughts

Saving bitcoins in your wallet is quite risky because the price of bitcoin is fluctuating we never know when will it rise or fall. But once it continue increasing its value as times go buy those who save bitcoins in their wallets will be so beneficial for they'll have a big profit.

Yeah bitcoin will grow in your wallet and if you hold it for long time you will have profit. Bitcoin is digital currency and most of the time people keep bitcoin is wallet and hold it till the price goes double. Today many people are demanding for bitcoin but it is not available for all so if you are having bitcoin just hold it for long time and invest in bitcoin as much as you can invest for your better future.

[enterprevic1]

I do not know how effective it might be though, but I would prefer my money working for me while I sleep not leaving it dormant in my account

[criz2fer]

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.

Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.

Nope, it depends on how much amount of Bitcoin you are holding for long term. As me, I just have 0.1 BTC for long term, can me be the billionaire with that amount? Never! I am sure I never have this chance, therefore, I must to invest more and have more Bitcoin in wallet to become the billionaire through Bitcoin.

Correct. New investors in bitcoin usually don't invest at bitcoin because of uncertainty specially today's price. People are more like to invest that they can afford to lose thats why i think they only invest a small amount of bitcoin which i think they are not trying to be millionaire but to make a decent profit to it.

[Joshapat]

Right, I think the bitcoin price is going to happen significantly if we want to be patient and saving for a long time or at least 2 years, if we got bitcoin 2 years ago when the price is $ 200 and now $ 16,000 then the price increase is 80x.

[L1looker]

Of course you can benefit in bitcoin if you will save it for a long time because its value is keep on increasing.

[doomistake]

Right, I think the bitcoin price is going to happen significantly if we want to be patient and saving for a long time or at least 2 years, if we got bitcoin 2 years ago when the price is $ 200 and now $ 16,000 then the price increase is 80x.

Bitcoin is indeed good as an investment for a long run, not just because its price is increasing everyday, but also because of its advantages compare to the other coins. Bitcoin is the most convenient coin for me to use amongst all of the coins here in the cryptocurrency world, I don't know why, maybe it is because bitcoin is the most promising coin I've ever seen in my life.

In fact, I've invested my future in it, that is how I trust bitcoin. I know in the long run, I could make the profits more than I'm making right now by saving bitcoin and holding it for the long run.

[sumonrud]

Now Bitcoin reached a remarkable rate of $16,000. some time bitcoin reached $19,000. Bitcoin price was starting the year 2017 only $3k now its price is $16,000 so you can think that, bitcoin value. I think in the year 2018 bitcoin price will be so high. actually, the peoples save bitcoin because they could sell bitcoin at the highest price and it gives them profit.

[Pasabm]

I think they keep bitcoin for long periods of time with a reason to sell it at a high price from the present time. We can see the rise of bitcoin in 2 years is very significant very high darting. That's the reason why they keep it now, and sell it 2 years or a few years to come, they are optimistic bitcoin prices will continue to rise from year to year. Sell it later when the price is expensive.

[manismanja]

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 advantage of having long-term bitcoin is that when bitcoin has forked and created a new coin then we who have bitcoin can have the new coin for free, and other advantages we can become rich.

[rog1121]

Yes saving in bitcoin for a long period of time can give benefits because the price has gotten really high, it will bring us a lot of money and can give us a higher profit.

It is true that saving  your bitcoin for long time create you a high profit because the value of bit coin raised rapidly in market. As a result your saving get high value which give you profit. Saving in other currency does not generate such profit because there value not rising up as the value of bitcoin. 

[Distinctin]

Yes saving in bitcoin for a long period of time can give benefits because the price has gotten really high, it will bring us a lot of money and can give us a higher profit.

It is true that saving  your bitcoin for long time create you a high profit because the value of bit coin raised rapidly in market. As a result your saving get high value which give you profit. Saving in other currency does not generate such profit because there value not rising up as the value of bitcoin. 

The future is uncertain but the way bitcoin is performing we have a good chance to find more success in the future.
I cannot afford to miss this opportunity to invest knowing bitcoin is very progressive, with good education I think more people will be attracted in putting their money with bitcoin.

[Sexie]

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

Come share your thoughts

.        Those people are just waiting for the right time to sell their Bitcoin.The hiigher the price , the greater benefit ON it.   Those Bitcoin miners wanted also to gain profit for their hardworking. F they Will sell it without profit., of course they did not reach their goal, they lose their effortl of mining, they fail. So as long as they could wait, they earn the profit, so ,that is the benefit of keeping the Bitcoin for long time.

[EdenHazard]

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.

Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.

Nope, it depends on how much amount of Bitcoin you are holding for long term. As me, I just have 0.1 BTC for long term, can me be the billionaire with that amount? Never! I am sure I never have this chance, therefore, I must to invest more and have more Bitcoin in wallet to become the billionaire through Bitcoin.

nobody knows that your 0.1 bitcoin could worth 100 million!

i just not sure if you can resist to see the high price of bitcoin. even when your 0.1 bitcoin turned to $100,000 you will sell it immediately. i have experienced something like that , FUD in bitcoin always there and the one who keep the faith in bitcoin are the one who could become millionaire just like what you said.

[Botnake]

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.

Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.

Nope, it depends on how much amount of Bitcoin you are holding for long term. As me, I just have 0.1 BTC for long term, can me be the billionaire with that amount? Never! I am sure I never have this chance, therefore, I must to invest more and have more Bitcoin in wallet to become the billionaire through Bitcoin.

nobody knows that your 0.1 bitcoin could worth 100 million!

i just not sure if you can resist to see the high price of bitcoin. even when your 0.1 bitcoin turned to $100,000 you will sell it immediately. i have experienced something like that , FUD in bitcoin always there and the one who keep the faith in bitcoin are the one who could become millionaire just like what you said.

That's correct, because of our trust with bitcoin it gives us a reward by increasing it's value.
Traditional financial experts said bitcoin is a bubble and it will just disappear anytime, it's up to us if we believe it or not but for me I will
continue to believe the future potential of bitcoin because I have proven it's profitable.

[Tukang Becak]

No need to wait 10 or 20 years to get profit thousands of percent by invest bitcoin we can profit thousands of percent in a year even this year has gone up to 1600%, if compared with 9 year ago price have risen more than 16000%

[chromosomes]

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 is simply because of profit. Bitcoin is best known for long term investment. Holding Bitcoin for a long time would yield to huge profit in the future because its market value is continuously increasing. Practically, as its price increases, same thing happens with the profit to be earned by its investors and users. The benefit of holding for a long time is simply the huge profit that is about to earned once its market value becomes more expensive in the future.

[intoy_victor]

The benefit of saving bitcoin for long time is good because if you keep it for long btc is also increasing the value of your save btc will increase too then if you are satisfied of the value you could convert it to o
your money country.