bitcoinsocial09
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January 24, 2018, 01:44:45 PM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
I think why people store bitcoin in their wallet for a long time because there are lot of benefits that they can get. It is possible that bitcoin value will be increase and it is a good idea that they will store their bitcoin in their wallet because it makes their money bigger too. They will earn a lot because of the profit that they gain every time bitcoin value increasing.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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blckhawk
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January 24, 2018, 01:53:03 PM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
I think why people store bitcoin in their wallet for a long time because there are lot of benefits that they can get. It is possible that bitcoin value will be increase and it is a good idea that they will store their bitcoin in their wallet because it makes their money bigger too. They will earn a lot because of the profit that they gain every time bitcoin value increasing. Precisely, they just simply store their bitcoin in the wallet for a long time because they know that soon its price will become enormous that will make more profit. Storing your bitcoin inside your wallet can be consider as long time investment. Because of the ability of bitcoin which is volatile, bitcoin is become more powerful compared to other asset, hence it is worth to invest upon it.
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bosede1
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January 24, 2018, 02:07:08 PM |
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In investment it is known that longer term investment is known with much profit and this is also associated with bitcoin. You will need to be calculating accumulated gain over a long period of time. Over time long term investment pays.
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Bakugan
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January 24, 2018, 02:20:08 PM Merited by bubble pop (2) |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
You can get big amount of money by just holding bitcoins, and I think that is the reason why people are still holding their bitcoins despite of it's volatility. And as bitcoin gives people an extra income I think it is also a reason why many people are willing to hold or buy bitcoin because they see that bitcoin has a potential to grow.
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Ghayoor
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January 24, 2018, 02:23:38 PM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Clear Just one they think that advantage, because it is so many people are rich overnight because it has long maintain bitcoin them. actually bitcoin have a lot of advantages and you can earn a lot from it so keeping bitcoin on hold for long time it's also one of the good earning because bitcoin change its price very fast from low to high and it happen with me last year because at the beginning of 2017 i was just buying bitcoin when i fell that the price is low and then i keep them on hold and believe me end of the year when its price reached to its highest price so i sell all my bitcoins and now i buy a new house just because of bitcoin so there are a lot of people who have a plan to buy some things so that's why they want to to keep bitcoin on hold for a long time to get huge profit.
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tapaibuccok
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January 24, 2018, 02:31:23 PM |
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investing in a long time is very profitable, but you have to really know the potential of the coin, but if you invest in bitcoin it is no doubt because I believe the price will continue to rise, sekrang is the right time to buy because the price is down
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jonosutio
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January 24, 2018, 02:35:09 PM |
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this is the reason why should keep bitcoin for a long time, a long time will make bitcoin bites getting sweet like sugar. oarang people already understand and believe it will cost more and higher in the future because bitcoin growing rapidly. keep the bitcoin for a long time so its value will gradually increase.
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Rimon365
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January 24, 2018, 03:08:49 PM |
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Of course there are benefits. Because six months ago Bitcoin was $5k but now its price is 10k$+. I hope the next year iits will be hit $25k. So it can be said that Bitcoin has a savings for a long time.
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nuela
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January 24, 2018, 03:15:39 PM |
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now it's been proven to be a lot of odds that keep bitcoin in the long run, and they make investments as investments and because a lot of scammed investments, it's better to just put your coins in your wallet and keep it safe and because the bitcoin price keeps increasing so it saves it. bitcoin bites longer and more sweet sugar.
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developeX
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January 24, 2018, 06:00:27 PM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Bitcoin as a long-term investment is one of the great tool to secure your retirement, as the supply decreases over time so as the price increases, the reason why people and i particularly are all saving satoshi as much as possible is because we believe its future profitability
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xuv500
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January 25, 2018, 09:21:31 AM |
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Bitcoin is a tremendous way of long term savings. For example if a person have bought one bitcoin last year when it was around $1000 and what he has now is around $10000, lets assume he is in an age of 25 and he just want to have that for his retirement at the age of 50, just with $1000 for his future retirement he will be a millionaire then. (Normal expected price at $100000 as bitcoin price when he is 50 years)
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last7minutes
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January 25, 2018, 05:12:10 PM |
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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.
Benefits? All realize that Bitcoin value has been constantly growing, and this is the main reason why people do not want to sell it even when it starts falling. BTC fans believe that this year (close to December) the main crypto will cost 25 thousand.
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HV3S
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January 25, 2018, 05:52:43 PM |
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Along these lines of holding bitcoin sum is truly a beneficial parts of ventures and you will have mo difficult circumstances persuading other individuals to purchase items, and you just need is bitcoin adjusts in your wallet.
A large portion of the general population store bitcoin as speculation and in light of the fact that there are such huge numbers of defrauded venture, it is better quite recently put your coin in your wallet and keep it safe and on the grounds that bitcoin cost is continue rising so sparing it for quite a while will bring enormous benefit for the holder.
We can not state whether bitcoin will develop or fall, we ought to consider the two situations as similarly likely and the misfortune is unimportant contrasted with the conceivable benefit.
It's a risk, but sometimes you need to take risks. So saving bitcoin for long term is good way for a better life in the future.
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Bobocantik
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January 25, 2018, 06:09:14 PM |
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My thoughts about that is that those people don't really make that bitcoin as their source of income. They store it just a savings. They know that BTC has the potential to get bigger as what happening today. Some people were just encourage to that to wait for the right time in which BTC will be bigger. Wait for their investments which is the BTC they stored in their wallet to be multiplied in several times the value it was bought. If you just believe on a coin like bitcoin, that it will reach to something more you believe, you will just wait for more times before withdrawing it.
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hannahB4
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January 25, 2018, 06:14:27 PM |
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Saving should be either long or short term but in Bitcoin issue people hold bitcoin for a longer period and one of the reason is to acquire more profit from it. The issue of hold, hold, hold and wait for the right timing is just to wait for rise in its value.
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nugoph2
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January 25, 2018, 06:40:07 PM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
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For example, if you hold 10 bitcoins from 2016 until 2017, you are already very rich.
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neite99
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January 25, 2018, 06:41:10 PM |
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when we see our grandparents who have worked hard and collected gold to store them in vases under the ground so I see the holders of btc same as them and wait for the price to increase.
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ymirymir
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January 25, 2018, 07:17:41 PM |
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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 that bitcoin is a long term investment that would give us great profit in due time. People hold and store their bitcoin in their wallets for they are aiming for a better value that would reach their desired amount. It is their wise way of saving for their future. As they hold it, monitoring while patiently waiting is what they are doing. Most of investor get rich through it.
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BETnaBET
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January 25, 2018, 07:39:27 PM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
There's a lot of benefits in bitcoin, especially in holding in a long time. The biggest benefit is to have a big amount of income by holding for a long term. Bitcoin is for long term profit. While it is going further it is getting more expensive. Volatility price of bitcoin is the best way to to succeed in bitcoin. This is the very interesting moments of bitcoin because you can see the outcome in the end of it. Bitcoin is a beneficial earning.
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azguard
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January 26, 2018, 10:12:09 AM |
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Holding not just bitcoin is good for long term investment. Think just how was for someone who invested in this time last year just for purchase single bitcoin. So saving is good investing is good but mainly you will need to be patient about it dont rushing in sometimes and everything will be fine.
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