|
bololord
|
 |
February 01, 2018, 10:17:07 AM |
|
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. |
|
|
|
|
|
|
|
|
|
|
|
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
DIAH PERMATASARI
|
|
February 01, 2018, 10:21:28 AM |
|
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.  it is the best method to find profit from bitcoin, because with the increase of price then we will profit but if the price down we should just buy do not continue to panic sell bitcoin that we already have, because it will make us loss only, focus for its purpose at the beginning that is to long-term |
|
|
|
|
|
mel0924
|
|
February 01, 2018, 10:25:25 AM |
|
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Many people are holding bitcoins in their wallet for a long time because they want to have huge profit in the future. They believe bitcoins price and value will hit to the moon in the near future or else they serve bitcoins as their money for retirement or for the future of their children. |
|
|
|
daddypastes
Member
 Offline
Activity: 238
Merit: 10
|
|
February 01, 2018, 10:50:51 AM |
|
they keep it for a long time in there wallet some of reason,they stored for waiting bitcoin token go to higher price...and maybe they want to keep it for same reason they want to save there earnings,like if they have a emergency matter and maybe they want to grow more there invest....in i think they save for there own dreams....
|
|
|
|
|
eyebags1994
Newbie
Offline
Activity: 104
Merit: 0
|
|
February 01, 2018, 11:20:34 AM |
|
If we will Save our savings in bitcoin in our bitcoin wallet for a long time it will grow due to the currency demands or our country and at the same if we will going to get our money on our wallet with a big amount we can buy a house to live or a car for transportation so it benefits us a lot.
|
|
|
|
|
|
kamotharnn
|
|
February 01, 2018, 07:06:04 PM |
|
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. Bitcoin drops sometimes but it will increase after that. That's why many people still trust to invest Bitcoin. They don't sell Bitcoin even it goes down nonstop from 20,000$ to 9,000$. Bitcoin is an amazing invention. Its price will go up someday and it will double your money or even triple. Saving and be patient, you will have what you deserve to have. |
|
|
|
|
Ethernel
Member
Offline
Activity: 118
Merit: 10
|
|
February 01, 2018, 08:32:52 PM |
|
Well it depends if you are a person who's in to bitcoin who has a steady income in just wanted and looking for additional income or profit you might preferred or probably decide to save your bitcoin for a long time till you decided to cash it out .
|
|
|
|
|
Skuylaruy
Jr. Member
Offline
Activity: 68
Merit: 1
|
|
February 02, 2018, 02:48:02 PM |
|
it is because they think the store bitcoin in a long time was a promising investment judging from bitcoin prices that every year has increased significantly
Correct, holding bitcoint will give you profit for the future a beneficial saving for long time means investment, it will not happen overnight... |
|
|
|
|
samyang2x
Member
Offline
Activity: 121
Merit: 10
|
|
February 02, 2018, 02:52:24 PM |
|
I will define the price of bitcoin to be a LUCK to each and everyone.Why?Because you will never know what will happen next on bitcoin value.Today is high then the next its low.So it takes some luck also.
|
|
|
|
|
kamotharnn
|
|
February 02, 2018, 07:30:13 PM |
|
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
One of the main reason why many people always store their bitcoin is because of the hope that the value will rise more since bitcoin's value is known to be volatile. Thei patience will surely end up with a success which they may use to benefit and gain more profits. Although this is the case, you should still be careful in storing your bitcoin because there are instances where the value falls down which will make you loose your money. We can'd deny that Bitcoin has just fell down to 8,000$. However, the reason why that many people still don't sell their Bitcoin and continue saving it is Bitcoin may double or even triple their money in the future, gives them a high profit that it is up to the sky. That's why many people choose to invest Bitcoin and this is one of the main benefit of saving Bitcoin. |
|
|
|
|
Mystika
Member
Offline
Activity: 134
Merit: 10
|
|
February 03, 2018, 04:39:46 AM |
|
The benefit of saving it for a long time is if you bought it for a small value then you keep for a long time, then the value gets high, you were lucky enough to earn on it. But there is no guarantee that will always go high so the besf thing is to always monitor on the price movement then if you know that it is high enough then thats the time you can use your bitcoin.
|
|
|
|
|
Black Angel
|
|
February 03, 2018, 08:33:33 AM |
|
The benefit of saving it for a long time is if you bought it for a small value then you keep for a long time, then the value gets high, you were lucky enough to earn on it. But there is no guarantee that will always go high so the besf thing is to always monitor on the price movement then if you know that it is high enough then thats the time you can use your bitcoin.
Yes true, and certainly many users who lost when buying bitcoin in last December, when the price reached the highest position of $ 19000 and now not more than 50% price, saving bitcoin is not suitable for a long time, as long as we get a profit then we immediately sell. |
|
|
|
|
Carmen03
Jr. Member
Offline
Activity: 83
Merit: 1
|
|
February 04, 2018, 10:25:01 AM |
|
Of course big profit big savings. It is better much safer compared to other transaction. it is better to keep it and wait for continous helping its price . Safe investment its for long term investment best profitable invest .Saving will be protentially be worthy of profit in the future. In bitcoin our money make it double just compare in the bank .
|
|
|
|
|
|
kiindje
|
|
February 04, 2018, 10:27:48 AM |
|
I think saving is good, but savings in Bitcoin is even better. I read about nationalization of pension funds even in EU countries.
|
|
|
|
|
|
Tavarez
|
|
February 04, 2018, 04:32:51 PM |
|
saving in bitcoins is risky. asset is good but very volatile, the price was 19,800$ end of the december and now we are seeing only down trend. right now the price is 8,400$. who knows what it will be like the next week. G8 congress is around the corner. BTC was not created for savings but rather as payment method.
|
|
|
|
|
|
Akupuniard
|
|
February 04, 2018, 04:53:44 PM |
|
I don't think that bitcoin is good thing to use as asset because price is like roller coaster changing all the time and you will never know when everything will end.
|
|
|
|
RodrigHer
Newbie
Offline
Activity: 14
Merit: 0
|
|
February 05, 2018, 01:59:16 PM |
|
The main benefit is that by selling the bitcoin money that you have saved for a long time, you can then get a profit that can be twice as much. Assuming that you invest 100 $ in bitcoin, and you wait for the price to increase, later you could sell it for $ 300 or more, that's the big advantage.
|
|
|
|
|
madgpt
Newbie
Offline
Activity: 38
Merit: 0
|
|
February 05, 2018, 02:11:19 PM |
|
Just look at just this year price change from start of this year till now, and image that you invested in just one bitcoin back in January, good profit.
From this point only one thing is sure bitcoin wont go back down so easily it will continue to grow and keeping it and storing it good thing to do.
|
|
|
|
|
|
goldcoinminer
|
|
February 06, 2018, 05:03:22 AM |
|
Just look at just this year price change from start of this year till now, and image that you invested in just one bitcoin back in January, good profit.
From this point only one thing is sure bitcoin wont go back down so easily it will continue to grow and keeping it and storing it good thing to do.
What we have witness now is a price drop or a price correction which is due to happen. However, it just down so much because weak hands panic and they are selling at a lose, after they are gone regretting, it will be the whales who will help us to grow the price again, mark my word, I've seen this many times. |
|
|
|
|
Masongrae
Member
Offline
Activity: 223
Merit: 10
|
|
February 07, 2018, 12:28:18 AM |
|
Saving Bitcoin for a long time, is a one smart strategy of holding bitcoin, we all know that the value of it goes up and may drop down, but by saving bitcoin will never lose, than selling it all. My opinion better to hold/save it or invest it for own bussiness.?
|
|
|
|
|
