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Author Topic: bitcoin benefit of saving for a long time?  (Read 82238 times)
melancoly
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December 14, 2017, 11:32:00 AM
 #2021

It's indeed could make you have the value gained more than 100 times when you hold it for long time ,
But there's benefit more than that , bitcoin could improve our quality lives through a new financial system.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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dharnamonitor
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December 14, 2017, 11:49:34 AM
 #2022

Because it is very profitable saving method in last days. It grows a huge amounts in a hours and investors are having a good profit at everyday.

Making your bitcoin stay for couple of years inside your wallet is dangerous for you. It is only like saving cash in a bank and waiting the interest to get mature. Neither of these investments is good. It is really better to let your money work for you. Don’t let your bitcoin reach maturity inside your wallet without even being circulated and earn double or triple that making it stay inside your wallet.

For some reasons, making bitcoins stayed inside the wallet for so long somehow doesn't provide satisfaction for me, it takes a long loooong time to take the target profit. Instead of just saving it we should consider also some things that might help to increased it without waiting for so long time.

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December 15, 2017, 05:57:46 AM
 #2023

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.
Bitcoin benefits for its saving is very good idea and especially parents can save bitcoin for their kids as we know that now a days everything is very expansive so in coming time education will also be expansive so this saving can help them in their higher education and also it can help them in their future as people are saving bitcoin for income purpose and then they sell bitcoin when bitcoin price go high so it’s a very good to save bitcoin for future.
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December 15, 2017, 06:01:43 AM
 #2024

Because of its young economy, novel nature, and liquid markets; saving your Bitcoin is not recommended. If you own Bitcoin, it’s much better to spend it than to save it for two reasons: 1). It could become worthless overnight and 2). Its future depends on it.
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December 15, 2017, 06:03:17 AM
 #2025

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

Come share your thoughts

Of course, they want to get a big profit with an increase in the price therefore they wait. Another thing no one knows when there will be a collapse and this is very risky, because you can lose a lot in this. But while this is promising.

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December 15, 2017, 02:31:40 PM
 #2026

Bitcoin is the best asset for the future. I think that's one of the reasons people keep Bitcoins in the future. Besides the unstable Bitcoin price makes one think to keep it. That's just some of the reasons I mentioned. A definite for now Bitcoin has become everyone's choice for investment. Because the price of Bitcoin is very high. And most importantly you can control your emotions. Because of the panic that we do of course we will do the wrong thing, need a very mature calculation in making decisions.
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December 15, 2017, 05:44:33 PM
 #2027

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.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.
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December 15, 2017, 06:08:03 PM
 #2028

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

Come share your thoughts

they wait till price jumping high numbers just if you back 1 year and buy 1 bitcoin now you can get extra 15,000$ freely.

for international trading they use bitcoin to remove some taxes
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December 15, 2017, 06:14:46 PM
 #2029

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.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.

Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.
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December 15, 2017, 06:48:18 PM
 #2030

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.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.

Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.

True but it is not easy to save long time. Image you have 10 bitcoins in January this year and by now you collected few more. Think will you save then or you would be temped to sell them with this current price. If we look on price it really not that easy to make this decision it actually really hard. Price is more then anyone imagine so think 10 btc is quite the sum now.



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nominee
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December 15, 2017, 06:50:06 PM
 #2031

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.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.

People started to save bitcoins in their wallets for long run purposes. They sometimes make spendings with bitcoin. They spend it and then buy it back. The significant thing is that getting the bitcoins back with cheaper prices.
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December 15, 2017, 08:37:02 PM
 #2032

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.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.

Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.

Saving bitcoins will always give you positive results and higher profits as people who are holding their coins since last 1 or 2 years have made some good profits by now and if they continue to hold longer then they will be making even very higher profits in future as the supply of bitcoin is limited and when demand will reach on the top it will take the price of the bitcoins to the roof so saving it longer would be more beneficial for all of us.
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December 15, 2017, 09:37:08 PM
 #2033

Bitcoin price is guaranteed to increase in the future, it's a risk-free way of aquiring a large amount of money, and that's why people do it. Some people also trade their bitcoins, and they're usually more versed in the art of market trading, which not everyone is able to master.

HODLER Open Source Multi-Asset Wallet infrastructure test with $2000 worth of bitcoin for the participants. Read more here: https://bitcointalk.org/index.php?topic=5032817.msg46184177#msg46184177
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December 15, 2017, 10:06:02 PM
 #2034

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

Come share your thoughts


People are using their Bitcoins for a good purposes. They can buy their wants and needs. But, Sometimes you will notice that a Bitcoin user cant waste his/her money to a useless things. Right? Because They holding it. And Holding is one of the big things that a Bitcoin user should always do. Bitcoin is increasing and increasing its price so that many people are holding their Bitcoin and start to earn and earn. The more they earn, The more they will gain Profits. In holding, You're not taking a risk like investing, You're just trusting bitcoin that it will increase its price again and again.
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December 16, 2017, 02:04:37 AM
 #2035

Of course, Yes. Bitcoin is a technology based future investment that no longer needs physical form like an investment that has been in effect so far. Bitcoin provides benefits even if only held. And i think everyone can do it, easier and simpler than any other investment.
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December 17, 2017, 07:53:45 AM
 #2036

There is a great benefit if you store bitcoins! Imagine the price before is already big, and if you saved bitcoins that time, you have made bigger bitcoins by now because bitcoin's price today is much bigger than before. Maybe know, you cannot see the effect of storing bitcoins but after weeks or months, you will see the good difference.
Patience is the only key to be successful because bitcoin is already unstoppable, it's going in an uptrend way although there is a possible that it will dump.
Put your trust on bitcoin when you invest and be optimistic that this will become the most popular payment method online in the future.
To trust in bitcoin is also very important, at some point the price of bitcoin will go down and it is at those moments that those that truly believe in bitcoin and those that are only in it for the money are going to take different actions, those that are in for the money are going to sell as soon as possible and lose money in the process while these that hold will one day be able to enjoy another pump at a later date.
Bitcoin give you money, saving them for a long time but I think investing the bitcoins is better way than saving of bitcoin. Saving will generate only that amount which will raise in the value of the bitcoin while investment make you more money and the raised value is a surplus for you in investment. Investment also generate income for you in future.
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December 18, 2017, 01:33:20 PM
 #2037

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.
This is why if you do not have a lot of bitcoin you need to begin to keep it or you are going to regret it, in many years there is the possibility that even one bitcoin may be enough  to change your life, getting one bitcoin now may seem difficult but if you save every satoshi you have you may reach that amount fairly quickly not as fast as before, but maybe in a few months or in a year.

Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.

True but it is not easy to save long time. Image you have 10 bitcoins in January this year and by now you collected few more. Think will you save then or you would be temped to sell them with this current price. If we look on price it really not that easy to make this decision it actually really hard. Price is more then anyone imagine so think 10 btc is quite the sum now.
There is no doubt in it that bit coin is become more popular in people just because of its profit and it is famous because of its long term investment.

In the result of long term investment bit coin pay the huge profit to the people who invest in bit coin and I think in future the price of bit coin will be increased more may be next year as some economist are predicting that the price of bit coin will reached on almost 30000$ dollar in 2018.

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ndcm
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December 18, 2017, 02:27:14 PM
 #2038


By storing or holding your bitcoin in your wallet will generate an income. When the value goes up, your money in the wallet goes up to. Simple as that. Not too risky like investing.

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December 18, 2017, 02:40:44 PM
 #2039


By storing or holding your bitcoin in your wallet will generate an income. When the value goes up, your money in the wallet goes up to. Simple as that. Not too risky like investing.
That's true but it will only happen if you stake and firm in one investment only which is on bitcoins next year might be a double value so you will get x2 profit if you will invest in this mark price.
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December 18, 2017, 03:09:32 PM
 #2040

Obviously, keeping Bitcoin in the long term means more money in the future, because prices continue to grow and improve with each passing day.
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