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Author Topic: bitcoin benefit of saving for a long time?  (Read 82240 times)
leyton11
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December 18, 2017, 05:38:38 PM
 #2041

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.
But investment has risk while saving not has risk, this is different between two forms. Don't forget investment doesn't mean you always have profit, if it's easy like that, why do the rich not spend all money to investment? And where's the source to transfer money from loser to winner in market?
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December 18, 2017, 07:20:33 PM
 #2042

I do not think I need to wait until a long time, compared to other types of investments such as gold, land, or stock, it just takes a year for bitcoin to profit up to thousands of percent.


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szpalata
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December 18, 2017, 08:07:07 PM
 #2043

I do not think I need to wait until a long time, compared to other types of investments such as gold, land, or stock, it just takes a year for bitcoin to profit up to thousands of percent.

Considering year 2017 alone you are right but it hardly goes past 1000% yearly and so you should be realistic with yourself in order not to appear disappointed  should things not turn out the same way in subsequent years.
vibingpositively
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December 18, 2017, 09:14:42 PM
 #2044

To invest and become  a hodler the benefit is to simply increase their funds from when they started. I think most don't care about gaining BTC value but once they hit their USD benchmarks they are happy. Other than making money they get to say they were apart of one of the biggest changes in human history.

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Kong Hey Pakboy
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December 18, 2017, 09:41:09 PM
 #2045

There is a lot of benefit for saving bitcoin for a long time. For example by then end of 2015, the price of bitcoin in US dollars is only $400. If you are going to save your bitcoin let's say for example 1 bitcoin so that's $400 in currency, then look to the time we have now, which has a value of almost $19,000. Look what you have gained in 2 years.For two years you have gained $18,600 which is so big already. That's how saving it benefits the holder.

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MathGame
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December 18, 2017, 10:46:10 PM
 #2046

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 save their bitcoin for long time because bitcoin adds more value over the time just like gold.
louisedem
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December 18, 2017, 10:57:01 PM
 #2047

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 really tend to hold and save their bitcoins because at first we can already see and observe that bitcoin has a potential to grow into numbers making it more benficial to our part because better think of it that you are just holding and saving your bitcoin in your wallet but see the difference you have in your initial holding and as time passes by, your bitcoin quantity is rising even you are not doing anything to gain a lot more that what you do really have. Especially now that bitcoin was more likely to have such a great continuous pump, holding and saving is the easiest thing to do to make your initial money grow into numbers.

streetlight
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December 18, 2017, 11:10:10 PM
 #2048

Think about what I am going to say below...

No one who invested into Bitcoin ever lost money.

Isn't that amazing? Anyone who invested and held Bitcoin since 2009 made money. No one ever lost money. IT is very unlikely you will be the first one. So the benefit highly outweighs the risk of selling them.
somblennx
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December 18, 2017, 11:18:01 PM
 #2049

Proven yes. Bitcoin provides an even better benefit than other commonly known investments. Now, many bitcoin investors who have long held bitcoin have enjoyed a fantastic advantage that bitcoin has grown tremendously.
leonora galvan
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December 18, 2017, 11:46:02 PM
 #2050

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 of course there is a benefit of saving for a long time even how many months or whatever that is yours it is up to you then if you will sell it or not.dont you know that the benefit of of saving is you are earning a lot of bitcoin.
Naoko
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December 19, 2017, 02:01:14 PM
 #2051

long-term investments in fact make people more confident, they invest money for a long time, and then remain calm... they don't care about a slight increase or decrease in bitcoins, and after a while they will undoubtedly get a good profit...
Coinsher
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December 19, 2017, 02:41:18 PM
 #2052

Base on the current value of one bitcoin which is 19k USD or more,there is a big chance you will gain a big profit.Because bitcoin now is so popular and even big time business men had made investments here.So there is possibility that the value of single bitcoin will reach in 30k USD in the year of 2018.So the more time you save it,the higher of value you can get.

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Jmabion134
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December 19, 2017, 03:09:21 PM
 #2053

Because they want to sell it to a high price so they save their bitcoin for along time and now its the time to sell bitcoins because it almost reach the million, when people buy bitcoin for a value of 2,000$ in the past they were lucky because the value of bitcoin now is 12000$ up their profit is so big
conected
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December 19, 2017, 03:31:18 PM
 #2054

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

- The actual situation is telling us very clearly that the price of Bitcoin is pumped very strong in recent years and now it still has signs will continue to pump in the near future, so we hold the bitcoin for a long time, what we get will be great in the future, many people have received this result in recent times when the price of Bitcoin reached record mark than 19000 dollars. Bitcoin will always bring great benefit in the past or present and future, as long as we believe and hold it, it will never make us disappointed


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Sweeet123
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December 19, 2017, 04:27:17 PM
 #2055

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 are waiting for a significant price hike,at a very high value they sell off and get a very good profit for it
Sweeet123
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December 19, 2017, 04:29:36 PM
 #2056

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 are waiting for a significant price hike,at a very high value they sell off and get a very good profit for it
Creepings
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December 19, 2017, 04:37:43 PM
 #2057

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 are waiting for a significant price hike,at a very high value they sell off and get a very good profit for it

I can see that I am not the only one having a hard time posting in the forum this time.  Grin

But yeah, people tend to hold bitcoin for a long time since it is having a good price pumps this year the reason it pumps more and more. The demand is going high because of the price pumps that is happening, new people are buying it hoping to get their profit just by saving it or holding it.
MMA
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December 19, 2017, 05:14:38 PM
 #2058

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

- The actual situation is telling us very clearly that the price of Bitcoin is pumped very strong in recent years and now it still has signs will continue to pump in the near future, so we hold the bitcoin for a long time, what we get will be great in the future, many people have received this result in recent times when the price of Bitcoin reached record mark than 19000 dollars. Bitcoin will always bring great benefit in the past or present and future, as long as we believe and hold it, it will never make us disappointed
Some people consider the price of bitcoin as too much high, but i think they do not know the actual value and potential of bitcoin. Bitcoin is still in very beginning and early phase therefore i think that  bitcoin price will continue increasing its price for a long time. Therefore i think holding bitcoin for a long time can be more profitable. I myself holding a good amount of bitcoin for a long time. I am even not going to sell it for next 3 to 4 years, because i am sure that after 3 or 4 years the price of bitcoin will be trading too much high as compare to present price.
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December 19, 2017, 05:16:37 PM
 #2059

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

- The actual situation is telling us very clearly that the price of Bitcoin is pumped very strong in recent years and now it still has signs will continue to pump in the near future, so we hold the bitcoin for a long time, what we get will be great in the future, many people have received this result in recent times when the price of Bitcoin reached record mark than 19000 dollars. Bitcoin will always bring great benefit in the past or present and future, as long as we believe and hold it, it will never make us disappointed
Some people consider the price of bitcoin as too much high, but i think they do not know the actual value and potential of bitcoin. Bitcoin is still in very beginning and early phase therefore i think that  bitcoin price will continue increasing its price for a long time. Therefore i think holding bitcoin for a long time can be more profitable. I myself holding a good amount of bitcoin for a long time. I am even not going to sell it for next 3 to 4 years, because i am sure that after 3 or 4 years the price of bitcoin will be trading too much high as compare to present price.
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December 20, 2017, 08:58:30 PM
 #2060

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 the benefits for the short term can be quite good a person that invested just a few months ago made a lot of money but someone that invested in bitcoin many years ago has made even more money that is why the most important thing we need to do with bitcoin are two things, first we need two earn bitcoin, and second and even more important than getting your bitcoin is to keep it at all costs.
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