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Author Topic: bitcoin benefit of saving for a long time?  (Read 82240 times)
james23
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January 05, 2018, 05:16:25 AM
 #2101

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

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Bitcoin benefits of saving a long time is you invest from small value afterwards or after a year your invest will double your money because bitcoin value increases time to time
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Butchick
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January 05, 2018, 05:29:33 AM
 #2102

Bitcoin. Is actually perfect for long term investment. People tend to save their bitcoins in their wallet since its amount in dollars is directly affected by its current value. Therefore, by keeping their bitcoins in their wallet, they are
Also giving their savings a chance to grow. Hence, it is an investment and a saving in one.

Advicerabi
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January 05, 2018, 05:49:33 AM
 #2103

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 people store their bitcoin in the wallet for long time to long term investment. Bitcoin price will keep high  in the future, so invest in bitcoin even other cryptocurrncy still profitable.
migolmigol
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January 05, 2018, 06:01:15 AM
 #2104

The main reason why people save or hold into their Bitcoins for a long time or for the long run becauae they believe, or we believe, that Bitcoin will go all the way up in price and value and we could sell it to get a big return on investment. It is like betting that Bitcoin will do good in the long run and we could sell it at a really high price compared to the price when we got it. This is just simillar reason why people hold into their stocks especially when they buy into the stocks of big companies or blue chip stocks.

MarkusIsaiah
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January 05, 2018, 06:19:11 AM
 #2105

The main reason why some people hold bitcoin because they expecting that bitcoin will raise its value. they can sell it for a big price. people like big profit so they are holding their bitcoin in longterm.

haster100
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January 06, 2018, 10:06:33 AM
 #2106

Bitcoin were good if you save it for long time, because bitcoin had a high possibility to up the price/value in the market place. Even from now it was fluctuating I was still believe that it was getting high in the future.
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January 06, 2018, 05:49:24 PM
 #2107

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 people store their bitcoin in the wallet for long time to long term investment. Bitcoin price will keep high  in the future, so invest in bitcoin even other cryptocurrncy still profitable.
My purpose investment is always earn more Bitcoin after all in cryptocurrency. Bitcoin is always my final place before withdraw to FIAT to take profit. Of course, I know some people do not have strong faith on the growth of Bitcoin, but I believe the price of Bitcoin can still increases more in this year.

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bitcoinlang
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January 06, 2018, 05:55:49 PM
 #2108

Some bitcoin users create a large storage of bitcoin in their digital wallet so that they can use it for trading other cryptocurrencies. With these type of trading, they can have a large profit and in that way they can increase their savings more.
bib24
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January 06, 2018, 06:18:41 PM
 #2109

This is a strategy to gain more profit in a safe approached. They will purchase bitcoin, hold it in, and wait for its market value to rise then they will sell and get a good profit.

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January 06, 2018, 08:02:56 PM
 #2110

This is a strategy to gain more profit in a safe approached. They will purchase bitcoin, hold it in, and wait for its market value to rise then they will sell and get a good profit.
Gunesh attempt and could be saved, But I even envy those users who bought Bitcoin at the beginning of last year for $ 1000 for one coin, And today they practically increased their state from 15 to 20 times. I think that if you believe those predictions that sounded about the future of Bitcoin, then there are many chances in the future.
babsalt1975
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January 06, 2018, 09:30:00 PM
 #2111

There are people who have stored bitcoins for a long time and they are not ready to dispose them off anytime. Those people who joined the bitcoin train in its early stages and stored the bitcoins are the current billionaires.You can imagine if someone bought one bitcoin at a price less than or equal to 10 dollars in those days. If he stored the bitcoins, right now only one bitcoin is enough to by him a car.
bluered
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January 06, 2018, 10:17:50 PM
 #2112

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 store bitcoin in their wallet, they do it as investment it is investment because they are waiting for the stored money to increase its value for them to sell it and have their money more the money that they use to buy the bitcoin. The benefit of bitcoin is its value increases almost two times and it is easy and safe.

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longskie0327
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January 06, 2018, 11:26:13 PM
 #2113

They decided to prolong their money on their wallet inhoping it will increase as the price of Bitcoin increase in the market so that they will benefits more.. the higher  the value the greater the exchange for them... More profit...
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January 06, 2018, 11:42:57 PM
 #2114

They decided to prolong their money on their wallet inhoping it will increase as the price of Bitcoin increase in the market so that they will benefits more.. the higher  the value the greater the exchange for them... More profit...
Our hopes will come true, the price of bitcoin will continue to increase in the future and we should always be positive with that
as it has already proven how strong bitcoin is. When we expect smaller we cannot make enough money, we have to take bigger risk and believe
that this technology would change the world.
Wildwest
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January 06, 2018, 11:49:53 PM
 #2115

Of course have benefits, it is proven if you have Bitcoin in a few years before that the price is not too expensive. And holding for long time, you can feel the benefits in today.

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Birin016
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January 06, 2018, 11:53:40 PM
 #2116

Many people keep their bitcoin in wallet for long-term investment. They believe that bitcoin prices will keep going up. Therefore they do not sell them bitcoin, but save  bitcoin them bitcoin, I am also one of the bitcoin holder because I believe bitcoin prices will keep going up .
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January 07, 2018, 12:02:14 AM
 #2117

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

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Of course the first reason there is they believe that if they store bitcoin they will get profit on it. As of now I am holding bitcoin and still I am waiting for the price of bitcoin to rise up because I believe it will rise up in the next few months or years. There are always benefits in holding a bitcoin and having a profit is the number one.

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January 07, 2018, 02:13:08 AM
 #2118

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

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People keep long Bitcoin in their wallets as a form of their savings on their money or Bitcoin in the hope of making a profit in the future after the Bitcoin price rises, just as we save or invest.
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January 07, 2018, 02:17:00 AM
 #2119

They stored their bitcoin on their wallets because they are waiting for the bitcoins value to be higher in the market. Bitcoin has a high potential to be highly value in due time. Theyre waiting for that time. When the time comes they will sell it.
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January 07, 2018, 02:27:10 AM
 #2120

For the very basic reason why they keep their bitcoin in their wallet is for them to earn a very big profit in the future as bitcoin's price expected to rise very high and keeping bitcoin is just like keeping precious stones and gems.
It can also be about future purpose of why people are keeping bitcoin for good like future plans for their family and educational plan for their future kids, business and much more.
The only thing i have in my mind is that nobody lose in the long run when they keep their bitcoin and hodl it.

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