bitcoin benefit of saving for a long time?

[gigusico]

I think that bitcoin is suitable only for long-term investments, the price of it increases with time and people invest in it so that in the future they do not need anything

[Joy12345]

Bitcoin rate is continously raising and having a higher rate. Saving on your wallet in bitcoin can give you a lot of benefit because you are investing and also you are gaining a profit. You can trust bitcoin because of its quality. Bitcoin is a long term so that it will help you in your future needs.

[criza]

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

Come share your thoughts

Patience is very important here in bitcoin. Many people have already failed and experienced regrets because of being too impatient. Holding your bitcoin can help you gain higher amount of profits knowing that the value of bitcoin is volatile and the value of bitcoin usually rises over time. It can also save you from disappointments whenever you are waiting for a large amount of profit wherein the longer you wait, the higher the profit.

[Napole0n]

Bitcoin rate is continously raising and having a higher rate. Saving on your wallet in bitcoin can give you a lot of benefit because you are investing and also you are gaining a profit. You can trust bitcoin because of its quality. Bitcoin is a long term so that it will help you in your future needs.

Unfortunately many users are impatient and panicked, when they see the price down then they immediately sell, in some time ago I experienced when the bitcoin price drops then not take long time then the price will skyrocket soon, and I'm sure February the price will skyrocket (more thant $20k).

[Winterpecker]

Maybe its up to the investor if he can manage to make his money grow more and spend it for good earnings.

[azguard]

Without patience here nothing is possible you need to be patient and to be able to control your emotions when price goes up, cuz in most cases panic selling will cause you to lose money. Bitcoin is meant to be long term investment cuz if we save bitcoin for maybe 10 years outcome can be more then 10 times money invested, this is good some look for opportunities for investment in short terms but this is rarely possible for bitcoin.

[AtlantaFive]

If we saved a portion of bitcoin everyday, weeks, or months. Even if it's small it will become big as long as we continue saving bitcoin everyday. When the price goes up and we decided to withdraw it all. It will benefits us because we started only with small amounts. I'm doing this because maybe someday bitcoin could reach above $50k.

[Bestfriendko]

The world is becoming ever more reliant on the internet. It is no surprise that Bitcoin, a secure, global, and digital currency has claimed the interest of investors. BTC is an exciting and potentially lucrative investment. It is open to everyone and provides an exciting opportunity to delve into an entirely new asset class. If you’re serious about investing in bitcoin and see yourself buying a significant amount, we recommend using Bitcoin wallets that were built with security in mind. Ledger Nano S and TREZOR are hardware wallets that was built to secure bitcoins. It generates your bitcoin private keys offline. Investing in bitcoin is no joke, and securing your investment should be your top priority.

[Watashi Yamashita]

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 benefitial it is whenever we are saving our bitcoin for a long time. The value of bitcoin is volatile so it's always expected that as time passes by, your money will grow more depending on the pump occuring within the market. Many people store their bitcoin longer because they know the value will rise more. This doesn't guarantee you still that your money will always grow so think carefully first.

[maann23]

Of course it's beneficial, people who stores their bitcoin for long term obviously as investment, and wait for the price of bitcoin to increase rather than selling it early. You might as well be patient to gain more profit. 

[_Legendary_]

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.

I think bitcoin is hard to predict, when bitcoin prices continue to skyrocket last december, I'm really excited to buy, but when bitcoin prices continue to drop some time ago it just makes me panic and sell bitcoin.

[icopir]

Many and do so do not ?, It will bring greater profits in the long run than in the short term, so many people and acquire it for this

[lamjed]

If we want about stocking bitcoin we are talking abiut trading.A lot of us is investing in bitcoin through this way. Most of us we are saving the money we earn from bitcoin in order to sell them when the price is higher.

[Mortallyta]

Most bitcoin holders have benefited from holding bitcoins in not-too-distant future, say bitcoin holders about 1 year earlier are able to reap excellent profits, even higher growth than other investments.

[agentx44]

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

Come share your thoughts

One of the main reason why many people always store their bitcoin is because of the hope that the value will rise more since bitcoin's value is known to be volatile. Thei patience will surely end up with a success which they may use to benefit and gain more profits. Although this is the case, you should still be careful in storing your bitcoin because there are instances where the value falls down which will make you loose your money.

[dreico]

Many do so invest in bitcoin for a long time to get the maximum benefit from this, because we know that over time the value of bitcoin grows

[Jake.bluees]

They do it for investment. The values ​​usually increase or that is what is expected, for example if you buy a bitcoin in $ 100 in six months the value of bitcoin could reach $ 300 and sell it you would get double profit. This strategy is used not only in the cryptocurrency or stock market, but also in furniture, import products, etc.

[roflmao129]

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.

I think bitcoin is hard to predict, when bitcoin prices continue to skyrocket last december, I'm really excited to buy, but when bitcoin prices continue to drop some time ago it just makes me panic and sell bitcoin.

Someone say that Bitcoin is long term investment and it can double your money in the future ( a really high profit). However, it has just dropped down but they still believe it will come back (I think like that too). Someone also say that Bitcoin will reach 30,000$ at the end of 2018. That's why there are many benefits of saving Bitcoin for a long time.

[supermam]

Some people says that bitcoin will last for a long time so its better to hold or save until the price of bitcoin reached it's high price.

[bololord]

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

Come share your thoughts

Storing  bitcoin in their online wallets make it safe to scammers. It also increase the value of bitcoin automatically . And can used it for a life time .Make it more patient  to increase the value of your money inside the wallets.