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Author Topic: bitcoin benefit of saving for a long time?  (Read 82237 times)
icopir
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February 07, 2018, 12:46:21 AM
 #2341

Many keep it precisely for such purposes as it will bring more profit than in the short term, for me it is created to be invested in it for a long time
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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mindfly09
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February 07, 2018, 08:29:13 AM
 #2342

The benefits of bitcoin of saving for a long time is we have expect money for the future. The other benefits is f the price is high then its time to sell bitcoin and we can earn good profit. Because savings a long time is much better. Even its risky we believe that bitcoin will increasing every time. Because we believe that in the future, we expect more that the price is become higher. So today you should start save money so that your future will secure.
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February 07, 2018, 08:34:49 AM
 #2343

Yes absolutely the bitcoin have more benefit if you save your bitcoin in the long time, you will get more profit when you hold your bitcoin in the long time period, just look at the bitcoin price at 2016 where the bitcoin only $2000 and now look at your bitcoin balance and sell it when the price is $19000 and how much your profit you get, it will be the motivation for you to keep and save your bitcoin in the long time period and it will be more profit.
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February 07, 2018, 08:42:44 AM
 #2344

As I am seeing it, people keep their coins in their wallet because they are waiting for the time that the bitcoin will be in demand and the price will be higher thats the time that they can sell what they have and they will gain the profit in it. Thats why they are keeping it, they are waiting for the right time to sell what they have because they know that it can be triple price than before.

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Konthol Ngaceng
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February 07, 2018, 08:47:15 AM
 #2345

Yes absolutely the bitcoin have more benefit if you save your bitcoin in the long time, you will get more profit when you hold your bitcoin in the long time period, just look at the bitcoin price at 2016 where the bitcoin only $2000 and now look at your bitcoin balance and sell it when the price is $19000 and how much your profit you get, it will be the motivation for you to keep and save your bitcoin in the long time period and it will be more profit.
Unfortunately many users are impatient with this situation, they prefer to sell cheaply and earn a little profit even more like cut loss. things we have to believe are users who continue to increase so as to make the future bitcoin will continue to improve.
whitecaramel1
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February 07, 2018, 08:56:17 AM
 #2346

I think if you keep your money in bitcoins for a long time, you can become rich  Smiley
boruto99
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February 07, 2018, 08:58:02 AM
 #2347

because many people will understand what is bitcoin.. how blockchain work..
in the foreseeable future all banks, central banks, corporations will use blockchain. this makes the bitcoin more expensive..
microwave
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February 07, 2018, 01:27:13 PM
 #2348

Well, the first thing come into my mind when I read your question is that I think that people saving their bitcoin for a long time because they wait until the bitcoin price reach the highest price or simply almost a million and I think there is the time to cash out their bitcoin. But not all people thinks that because maybe other people save their money for a crisis or unpredictable happenings.
cryptocurious18
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February 07, 2018, 01:37:07 PM
 #2349

 I think nowadays many people are interested in bitcoin . but the amount of bitcoin is limited. This condition makes the price of bitcoin keep rise. Thats why saving bitcoin in long term is profitable
LovelyFLOWER
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February 07, 2018, 01:39:07 PM
 #2350

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 thier wallet or known as holding bitcoin is aim to make more money higher and valuable through waiting for a long time just to make ut doubled than price before and it can also make more things to be planed when bitcoin was going to sell from the poin of long time holding in wallets.stating that they holding up just to have more money and profit at the same time.
wareen
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February 11, 2018, 08:26:54 PM
 #2351

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 thier wallet or known as holding bitcoin is aim to make more money higher and valuable through waiting for a long time just to make ut doubled than price before and it can also make more things to be planed when bitcoin was going to sell from the poin of long time holding in wallets.stating that they holding up just to have more money and profit at the same time.
A Bitcoint holder does not need to hold until double capital, because the price of Bitcoin will increases to high value, x2 is unreasonable with the value ~50,000 someday. Instead, from the current price, $8000 to $16,000, x2 is possible.

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ViceKing
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February 14, 2018, 07:28:20 AM
 #2352

That's mine bitcoin benefit of saving for a long time because bitcoin mining great profit and benefits.
Crypto currency market price great opportunity and bitcoin wallet store and holding and saving for long time and great profit.
Bitcoin benefit of saving for a long time expect money for future bright.
btcmegastar
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February 14, 2018, 07:34:53 AM
 #2353

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 thier wallet or known as holding bitcoin is aim to make more money higher and valuable through waiting for a long time just to make ut doubled than price before and it can also make more things to be planed when bitcoin was going to sell from the poin of long time holding in wallets.stating that they holding up just to have more money and profit at the same time.
A Bitcoint holder does not need to hold until double capital, because the price of Bitcoin will increases to high value, x2 is unreasonable with the value ~50,000 someday. Instead, from the current price, $8000 to $16,000, x2 is possible.

For sure, it is possible to reach x2 in short period but to reach 50,000$ it is not possible, will take some to reach it because the total volume of the market cap is reduced to Bitcoin dips. So we have to another year to increase its market cap.
laevatein906
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February 14, 2018, 07:41:49 AM
 #2354

it would be better to accumulate Bitcoin and save it than buy and save without accumulating Bitcoin.  It is the accumulation that will make you maximize the benefits of Bitcoin price increase, The best thing about bitcoin is that even if you can't buy it then also you always have an choice of earning it in different ways so try to earn it to maximum possible extent and hold it
Sled
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February 14, 2018, 08:23:37 AM
 #2355

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 thier wallet or known as holding bitcoin is aim to make more money higher and valuable through waiting for a long time just to make ut doubled than price before and it can also make more things to be planed when bitcoin was going to sell from the poin of long time holding in wallets.stating that they holding up just to have more money and profit at the same time.
A Bitcoint holder does not need to hold until double capital, because the price of Bitcoin will increases to high value, x2 is unreasonable with the value ~50,000 someday. Instead, from the current price, $8000 to $16,000, x2 is possible.

For sure, it is possible to reach x2 in short period but to reach 50,000$ it is not possible, will take some to reach it because the total volume of the market cap is reduced to Bitcoin dips. So we have to another year to increase its market cap.
Don't underestimate bitcoin because we already see the possibilities in bitcoin because it goes up from under $1,000 to $20,000 in just 1 year and just think about the possibility for the price of bitcoin to reach $50,000 and we can even see more than that because the general forecast or prediction for this year's bitcoin price is around $60,000.
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February 17, 2018, 11:12:17 AM
 #2356

Bitcoin is a long-term plan because it is simply not going away anytime soon or better yet, here to stay. You should consider the fact that bitcoin still remains one of the most watched and speculated currencies of all time. There are only so many bitcoins available in the world.  We cannot create more. Once all of it are released into the system, they will actually go UP in value due to supply and demand. The value will skyrocket, just how much no one knows.
Wenmanong
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February 17, 2018, 12:56:27 PM
 #2357

Maybe for me I will save for a long time just because right now I don't need money or either because the price is so low. For it's a big benefits if the price will go higher.
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February 17, 2018, 01:07:23 PM
 #2358

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

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Those people store thier bitcoin for long time because i think they dont need a money as for now or either they wait the price become so higher, bitcoin is a way to make your future bright.

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February 17, 2018, 01:17:15 PM
 #2359

that I have been convinced that the bitcoin price will be higher than the current price.
If I sell bitcoin at this time for me will lose a lot of big profits,
Because I know the price of bitcoin in the middle of this year the price will be higher than now,
so I will save the bitcoin in my wallet, we will sell it at a higher price again.
so we benefit a lot from bitcoin.
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February 17, 2018, 01:32:08 PM
 #2360

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

Come share your thoughts


Its because they want to have a money for emergency purposes, so that they will not get a problem if they need a money, they will just convert their bitcoin into money to use in their emergency.
Or they want to hold their bitcoin until the value will go again in 1million, so that they have a lot of money for their family.
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