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Author Topic: bitcoin benefit of saving for a long time?  (Read 82237 times)
zuyfg888
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January 20, 2018, 03:13:26 PM
 #2241

Sometimes you can see the benefits of saving when you see the value of it goes higher and higher. Saving a lot of bitcoin during 2010 can be a higher value for now. We should now when we will be saving our bitcoin. Benefits can be seen after a long long long time.
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kamotharnn
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January 20, 2018, 03:50:41 PM
 #2242

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.

Bitcoin never lose price so low. After falling down, it always increase again. There is no barrier to stop the increase of Bitcoin. Bitcoin is a long term investment for sure and you will get profit in the future. That's why for those who are impatient and inexperience usually sell their Bitcoin when it decreases.
Mr. Legendaris
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January 20, 2018, 04:30:07 PM
 #2243

Yes right, I think bitcoin would be beneficial if we saving for a long time, for example what happened with years ago that the price has risen more than 10x, saving bitcoin now and feel the result 3 years more.


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arallmuus
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January 20, 2018, 06:41:20 PM
 #2244

Sometimes you can see the benefits of saving when you see the value of it goes higher and higher.

Totally wrong, the value of a thing is not the same with its exchange rate. You are definitely talking about exchange rate not the value. The value of bitcoin stays the same for now unless there is a major demands in the future

We should now when we will be saving our bitcoin. Benefits can be seen after a long long long time.

You dont even know the difference between benefit and exchange rate. To be honest, you should be better to stay off from a topic that you dont understand instead of posting nonsense

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Dark Sky
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January 21, 2018, 02:15:40 PM
 #2245

Some people save their bitcoin believing that keeping bitcoins for years will give them a big profit. Because the price value of bitcoin increase from time to time even do it decrease, it gradually increases. If we want to profit our bitcoin just wait patiently. Let’s save!
It will very profitable because bitcoin price will going to more high and everyone who invest their money in bitcoin and they hold their bitcoin so they will get huge profit and they will anything in bitcoin profit, so long term investment is more beneficial and if you can invest your money so you should hold your money for long term.

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January 21, 2018, 02:19:58 PM
 #2246

Some people save their bitcoin believing that keeping bitcoins for years will give them a big profit. Because the price value of bitcoin increase from time to time even do it decrease, it gradually increases. If we want to profit our bitcoin just wait patiently. Let’s save!

Because of its price continuously goes up, and as you said even it goes down, it gradually increases.  Thus, saving bitcoin has a good benefit.  It will give us a good future if we save some of our bitcoins.  Its current price right now could double in the near future.
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January 21, 2018, 02:41:32 PM
 #2247

Saving bitcoins is one of the best thing to do with your current bitcoins and there is a lot of good things to be a reason why you should save now. Saving bitcoin for a long time is one of the best option if you buy your bitcoin at a high price like 900-1000$ because you can see in that price chart that long term is still the best option because the price is unpredictable and it can be double or triple the current price now so if you want a good and big profit then long term is the best.

really right up to now the best choice of investment in bitcoin is still with the long-term method, what if we start at the beginning we plant it still at a low price then until now still safe will not mersa loss even though the price dropped drastically
fiomcorka
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January 22, 2018, 08:22:32 AM
 #2248

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.

We all know this fact in a very well manner that the market price of bitcoin rises most of the time and the ones who bought the bitcoin few years ago are knowing having much more money than they actually invested at that time. You can also make more money just like they did by simply holding your bitcoins for as long period of time as you can. This will definitely make you earn more money.
Perseusallen
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January 22, 2018, 08:36:35 AM
 #2249

the fiat of this money are so tremendous so we dont know. when the moment of this fiat is unknown the move of this crytocurrency is being processed. the main benefit is we earn money. saving bitcoin for a long time can take to the top and become millionaire someday. we all know that bitcoin is pumping its value.
maria felix
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January 22, 2018, 09:26:01 AM
 #2250

Some are choosing to stored for a long time in their wallet because they waiting for higher price of bitcoin,especially to the people who didn't really need money at this moment.
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January 22, 2018, 09:29:18 AM
 #2251

As experience and past experience shows, then yes. If the crypto currency market grows, bitcoin will also grow.

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January 22, 2018, 09:38:59 AM
 #2252

Because bitcoin in future can cost 100 thousand dollars or more, everything is possible, so many people don`t hurry to sell their accumulated bitcoins in order to get maximum profit from them in future. Same was 10 years ago when bitcoin price was couple cents, as now we see it costs 11 thousand dollars, that's why people understand that bitcoin is future currency and price for 1 bitcoin will grow in several times at least.
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January 22, 2018, 09:40:32 AM
 #2253

It depends on the majority of the marketers we have because every year number of users are increasing in the market due to strong growth in bitcoin. So then if you hold bitcoin for the long term then you will make more amount of money for sure.

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rickyNmorty
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January 22, 2018, 09:52:14 AM
 #2254

Bitcoin's value go up because of factors like many people invest to it and other more factors that is happening to the crypto field, just think about this if you invest at the year 2009 you should've got so much money right now because of the sudden and fast movement of bitcoin's value, and think about what will happen in the following years so keep your bitcoin.
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January 22, 2018, 10:03:15 AM
 #2255

It depends on whether you want a long-lasting profit but in the current times the profit grows faster and the bitcoin quickly goes down because it's on the market. You'll always see if the bitcoin is excessive, if it's high, sell it for yourself. Leave your previous investment, then wait once again. Then repeat the strategy. Dont depend on the long time investing, just make a strategy to earn step by step only.

Janation
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January 22, 2018, 10:06:20 AM
 #2256

It depends on the majority of the marketers we have because every year number of users are increasing in the market due to strong growth in bitcoin. So then if you hold bitcoin for the long term then you will make more amount of money for sure.

It is a good thing that you can get profit out of holding or saving your bitcoin not doing anything with it, it is also safe since you are not moving it to other hands or wallet, it is just there. But I don't like the idea of waiting to have an income. Most of the people do that kind of stuffs but my idea of earning is not mostly waiting but also finding and risking. I can't just be rich automatically if I will just wait and do nothing, it may be common to traders and I sometimes do it especially to some of my digital currencies, but mostly, I invest and risk my money.
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January 22, 2018, 10:07:37 AM
 #2257

Bitcoin is definitely worth to keep, however, you should be aware that diversification is a key! Cheesy

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January 22, 2018, 10:09:14 AM
 #2258

The benefit of saving bitcoin for a long time is like having long-term investments that you know for sure you can obtain a significant of money on it. Yes, you can say that you are not honestly sure that your money will profit or not because bitcoin’s amount is fluctuating too much, but in the past year you can see that the person hold their bitcoin of a year make a massive profit on bitcoin.
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January 22, 2018, 10:12:16 AM
 #2259

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 we can make it sure that our investment in bitcoin is we can save for a long time if we know how to manage our money....we must think it first for the amount we spend,we buy only the things that we know its important and we can use for our daily needs....we must avoid the life spending money not necessary...
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January 22, 2018, 10:27:45 AM
 #2260

Investing on bitcoin can bring us a lot of opportunity specially to financial matters.  Bitcoin will be beneficial when holding it for a long time specially when it's price is increasing because you can make a profit out of it. Its worth to invest with specially these days, world is recognizing the cryptocurrency even though they have a negative approach on it as they think it is a scam.
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