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Author Topic: bitcoin benefit of saving for a long time?  (Read 82183 times)
sdas90
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January 22, 2018, 11:28:28 AM
 #2261

I think yes if you saving your bitcoin for a long time then you will be benefited.bitcoin is future currency. bitcoin price is increasing day by day i think bitcoin will be so much popular in the future. bitcoin is decentralized digital currency and it is use blockchain technology.



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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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@matthew17
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January 22, 2018, 12:23:45 PM
 #2262

Totally yes you have a benefit on holding bitcoin in a long time of course its price continuously increasing every month and if you hold bitcoin in a long time your money will grow and grow you will be a millionaire soon I hope .
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January 22, 2018, 12:35:26 PM
 #2263

I think yes if you saving your bitcoin for a long time then you will be benefited.bitcoin is future currency. bitcoin price is increasing day by day i think bitcoin will be so much popular in the future. bitcoin is decentralized digital currency and it is use blockchain technology.



I also believed that bitcoin is the future and saving some bitcoin for the future will be really worth it for us because we can easily earn profit from our saved bitcoins and if we know how to manage it like, to increase it into a bigger amount of bitcoin then it will be better because you can earn more profits from doing that and you can achieve that by trading altcoins, for example.
Bitcoinbitcoin0909
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January 22, 2018, 12:49:50 PM
 #2264

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

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When you save your bitcoin for a long time then you have a high chance that it will be more profitable and you may earn much money. Yes, you can't assure that you will get a high amount but why don't you try? I think it will be worth it since bitcoin is tested and proven by many people especially those bitcoin users.

Cryptophobia
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January 22, 2018, 12:52:29 PM
 #2265

nothing is good for saving for long time
Sueb PAs Abimanyu
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January 22, 2018, 01:27:30 PM
 #2266

Holding bitcoin for long time allows us to enjoy what others enjoy as well. For example today, bitcoin holders can enjoy bitcoin investment growth. So logically, today's bitcoin holders may enjoy fantastic benefits over the next few years.
brengoskandel
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January 22, 2018, 01:55:05 PM
 #2267

This is what is said to be an investment, so-called investment is the excess money we have
they see a potential, and their goal is to earn a big profit, a true investor will understand it Cool
armandoz
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January 22, 2018, 02:05:18 PM
 #2268

The bitcoin like that but there are so many have interest to take or like to use the money like the way of our goverment use the money of the member but in the case of bitcoin deffent but not all the time that our money always safe so we need take action before it wll happen. must specially the bank.

bib24
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January 23, 2018, 10:36:39 PM
 #2269

They save their coins with a mindset that they can get more profit if the sell it later when the value is high.

carlisle1
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January 23, 2018, 11:19:09 PM
 #2270

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

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very essential and trustworthy thats how beneficial bitcoin is for a long time,as we all know bitcoin is the first cryptocurrency and until now he provehat he is the first and number one,in terms of popularity and price.thats why lots of users are aiming for bitcoin,storing and earning this coin is what they wanted.

But ofcourse we must consider how huge the capital needed to invest bitcoin for long term.so better be aware of this or else consider altcoins than this.
Klpc
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January 24, 2018, 08:34:08 AM
 #2271

The benefit of saving bitcoin for a long time is,  its value will increase day by day and you earn big profit. It is definitely worth to keep because it is an investment you can use for many things in the future.
dreico
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January 24, 2018, 08:48:29 AM
 #2272

But is not it all for this and gain? in the course of time, to earn on this more than if people tried to earn in a short period of time
Adek nadia
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January 24, 2018, 10:40:40 AM
 #2273

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

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Clear Just one they think that advantage, because it is so many people are rich overnight because it has long maintain bitcoin them.

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Nissan-GTR
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January 24, 2018, 11:00:59 AM
 #2274

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

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Saving for the past fww years up to now is great since Bitcoin has been powerful way back then but I cannot see this better because of the conspiracy that Bitcoin will definitely end for the next few years, better is to cash it out already if this will be true and use it to make business on your own.
Leeeeeya
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January 24, 2018, 11:44:49 AM
 #2275

That is all because after a long time, not tha long actually, as time passes by bitcoin's value will increase and if that happens, then people who have it will earn more money, and that's the right time for them to get or sell it.
Fantastic33
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January 24, 2018, 01:04:50 PM
 #2276

The main purpose of holding bitcoin on wallet is to gain more profit. If you will try to look on the price chart history, bitcoin's price goes up with time. From $0 in 2009 it goes up to $14,000 at the end of 2017. Thats a very huge increase for 8yrs. Because of that, it is expected that its price will still rise in the coming years.
michaelch
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January 24, 2018, 01:07:49 PM
 #2277

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 they probably don't need the money and see it as a very long-term investment. They'll probably put there for a few years until something drastically changes. If not, they'll just continue leaving it there to see it appreciating in value.
cepedacharles29
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January 24, 2018, 01:13:59 PM
 #2278

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

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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.
lorigo
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January 24, 2018, 01:18:51 PM
 #2279

this is just my personal opinion why people save bitcoin in a long time, I think the answer is to wait for the best price and the right time to sell it.
logan0312
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January 24, 2018, 01:32:03 PM
 #2280

Bitcoin prices always go up and if we are long time savings course it will be benefit. 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.
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