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Author Topic: bitcoin benefit of saving for a long time?  (Read 82183 times)
alexsamudra
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January 20, 2018, 04:29:51 AM
 #2221

now people are storing bitcoins because unstable bitcoin prices make people think to keep them. that's just some of the reasons I mentioned. which is for now bitcoin has become the choice of everyone for investment, Because bitcoin price is very high price. do not be afraid to invest bitcoin and keep it all for the good future, do not be mistaken because your panic will do of course we will do the wrong thing, need very mature calculation to do in taking decision.
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Napole0n
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January 20, 2018, 05:28:04 AM
 #2222

Yes true, if we are patient to wait for the right time, then bitcoin will be very expensive and profitable for us, as it happens today that bitcoin price is drop so it becomes a good opportunity to invest.
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January 20, 2018, 05:52:04 AM
 #2223

Because they believe that the value of the coin will increase after a long time. They rely on the news as well as the potential that it can bring in the future. Besides they believe it is safe and they do not need to do anything that can still make money

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January 20, 2018, 06:00:53 AM
 #2224

I thin Bitcoin's benefits for saving a long. Time is just wait until its price goes up because Bitcoins price gets bigger and bigger by now.
amatias
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January 20, 2018, 06:59:32 AM
 #2225

Its a choice if you save you're bitcoin in your wallet for a long time. If youre not going to invest then it will nor gain interest like in a bank. If the price is high at the time you use youre bitcoin then youre lucky.
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January 20, 2018, 07:06:58 AM
 #2226

Because they believe that the value of the coin will increase after a long time. They rely on the news as well as the potential that it can bring in the future. Besides they believe it is safe and they do not need to do anything that can still make money
That is indeed the best thing for the lazy person is to hold bitcoin for a long time because the long term investment strategy will bring a lot of positive effects to the holders since they don't need to do anything like technical analysis because the only thing that they need to do is to wait for a long time and after that then they can expect some profit if they invested in a great coin like bitcoin.
anavir
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January 20, 2018, 07:13:55 AM
 #2227

big amount of profit is bitcoin's benefit of saving bitcoin for a long time and for me it is strategy...you gamble then you win when bitcoin price rise again

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January 20, 2018, 07:23:31 AM
 #2228

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

Come share your thoughts

As I've notice they store their bitcoin because everyday, month or a years the bitcoin continue on rising it's value.That's why people right now is eager to have a bitcoin for earnings because we all know what's the capability of bitcoin when it's increase the value.
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January 20, 2018, 10:18:05 AM
 #2229

Because they believe that the value of the coin will increase after a long time. They rely on the news as well as the potential that it can bring in the future. Besides they believe it is safe and they do not need to do anything that can still make money

bitcoin has given the fact, so of course, everyone must believe. every year we can see the movement on the rise and in 2017 prove all those who hold the long-term benefit is enormous.
currently I think the opportunity to buy more and let's take a look at this year for a higher price.

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Zentor
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January 20, 2018, 10:31:02 AM
 #2230

I think that Bitcoin price would be near $100000 till the end of 2019. No bank can give you so much profit from deposit offer. Benefit is obvious.
Napole0n
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January 20, 2018, 10:46:03 AM
 #2231

Yes, and if we keep bitcoin for at least 3 years from now then with 10 btc will make us a millionaire and retire from work, I'm sure this year the price will pass $ 50,000 then 3 more years will reach more than $ 500,000.
Glorypaasa
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January 20, 2018, 10:52:26 AM
 #2232

As we can see now the value of bitcoin is very high and is still unstable, some people sell their bitcoin because of the deflating value, but they shouldn't because the price will go higher as time goes by every cryptocurrency will go high as time goes by this mistake is often done by people who don't wait.
Yara1
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January 20, 2018, 11:04:17 AM
 #2233

You  stand to gain huge interest on you capital if the price keep rising.
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January 20, 2018, 11:27:49 AM
 #2234

Because they believe that the value of the coin will increase after a long time. They rely on the news as well as the potential that it can bring in the future. Besides they believe it is safe and they do not need to do anything that can still make money

Long term its true but in short term investment only possible way is maybe ICO investment and that is also little risky cuz most are scams but highly profitable if right choice is made. Bitcoin is something else good or bad news dont make such a big fuzz in price now, they create fluctuation but this is all settled now.



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lelangsabun
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January 20, 2018, 11:32:46 AM
 #2235

i think something like that is waiting better oppurtunity to get the high price
trickyriky
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January 20, 2018, 01:43:19 PM
 #2236

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 all know how bitcoin works and how its value happen to change over time. If you are going to save your bitcoin for a long time, there are a lot of benefits you can gain from it. You cannot gain this benefit right away instead you should wait and be patient too. It is not always beneficial I think because there are some instances wherein the value falls down that's why you should wait for it to rise again.

Price of Bitcoin moves too dynamically. It seems to me rather risky to store Bitcoin for a long time. This requires a more stable price for Bitcoin.
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January 20, 2018, 02:26:32 PM
 #2237

Bitcoin is naturally designed to be a deflationary currency, it's the same as any normal investment in that people buy it in the expectation of the price rising so they hold it until it does (or trade it, if they're clever/brave enough to handle the volatile market).
For me the benefit of bitcoin that we gain is knowledge.  We must thank and we grateful to know about bitcoin. 

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January 20, 2018, 02:33:07 PM
 #2238

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
added unto this is they trust bitcoin about giving them profit in a long run,they save funds for the idea that one day bitcoin may get higher than what others expecting..just like last december 2017 when bitcoin reaches $20,000 mark..price that only few believe but becomes reality and those who have faith in this coin celebrates and now more than 50% richer than before
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January 20, 2018, 02:40:39 PM
 #2239

it's called long-term investment, hold the coins as long as possible to reach the desired target price
do not be influenced by the news that causes panic, fluctuations that are not always your normal course, whether you can be patient or not waiting for the coins you have reached the price you target
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January 20, 2018, 02:52:52 PM
 #2240

You can buy bitcoin regularly and you will have bitcoins and put it on a cold storage like paper wallets and hardware wallet then you can store bitcoin as much as you can their and you don't have to worry about the hacks or being stolen because those two are safe.If you look at the historical performance of bitcoin, even the last few years, we have seen how clearly it has been able to outperform most other investments out there that is good enough reason to hold bitcoin for a long time
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