bitcoin benefit of saving for a long time?

[zander09]

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 the majority of people who truly understand the potential of bitcoin invest in it and keep it in their wallets for long term, only those who don't know it yet or are new to bitcoin panic and sell because some random comment on some random place on the internet said so.

Well we don't blame those new in crypto. Because in the first place they are just a new and nothing to know more about bitcoin but if they understand all about bitcoin for sure they will know how to calm down and hold.

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[Ann Impas]

They are saving their bitcoin for a long time to benefit for the massive increase of bitcoin in a long run. I'm sure bitcoin will rise more in the coming years due to its volume.  Lets just wait and see.

[android17]

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

Come share your thoughts

Commonly, many people are holding it for a long time to gain bigger profits in the future given the fact that it is continuously increasing as time goes by. Though it was risky and the user is not sure if it will be successful, many people are still holding it. I think the best way to be safe is to convert half of it and hold half of it to avoid big losses in case of unexpected failure of Bitcoin. Make sure to hold those you can afford to lose

[Lubang Bawah]

If we expect profit in a short time then it is not right if we invest, you can do gambling or trading, but if you invest then give at least 3 years to know whether you profit or not, if you have patience then I suggest to keep bitcoin at least 3 years and I'm sure that we can profit up to thousands of percent.

[hangar18]

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

Come share your thoughts

Commonly, many people are holding it for a long time to gain bigger profits in the future given the fact that it is continuously increasing as time goes by. Though it was risky and the user is not sure if it will be successful, many people are still holding it. I think the best way to be safe is to convert half of it and hold half of it to avoid big losses in case of unexpected failure of Bitcoin. Make sure to hold those you can afford to lose

In my opinion, the price of Bitcoin has increased so much in the value. I am sure those who bought it in the earlier of last year all had huge profit enough to withdraw funds. I recommend we should trading with profit instead of all funds to Bitcoin at the moment.

[Iblis 02]

no more need to ask more and more people know bitcoin then the value will be higher and surely there will be many benefits that we will produce examples of magnitude that is the advantage that can make us rich.

[Lenzie]

Some people buy a lot and forget that they've bought a lot. Once the price increase then they will be benefited by saving it in their wallet for a very long time.
They rather risk the time and wait till it rises than invest it in some scheme and ponzi investment and lose everything. Some people are just afraid of trading it because of the volatility odf the market. They rather keep it than lose it. These people believe that bitcoin has no place to ho but up.

[bib24]

Its a bit risky since you the market is very volatile, but you have a chance to have a good profit once the market price rise.

[Ngewex Yuk]

Many people store their Bitcon in their wallet for a long time for emergency situation. The value of Bitcoin increases as times pass by.

If we already buy bitcoin then we should be willing to wait for a long time, we should be optimistic that the future of bitcoin will continue to improve, maybe we have a sudden need but we do not sell bitcoin, set up good finance is the most important thing.

[kaizerblitz]

You will suprise that bitcoin has a great value if you plan to long term and forgot bitcoin comeback after 1 year and you see the result.

[maculeth]

very profitable, we can get big advantage in long term investment in bitcoin. let's say when bitcoin prices go up in 2017, that's proof of profitable long-term investment, for example if we've started investing in bitcoin since 3 years ago.

[zmkriel]

Actually i am one of those people who stored bitcoins on my wallet for long term investment. I badly need to save for my children future. And investing bitcoins is more appropriate than saving our money to the bank which only give us a little bit of interest, almost none eventually. While in bitcoin its getting valuable from time to time and can multiple my holdings in years to come.

[mel0924]

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

Come share your thoughts

If you hold your bitcoin in your wallet for a long time there is a big chance that you can be rich this is because bitcoins price and value will go higher as time goes by and in this way your bitcoin will value very high when you hold it. A lot of people are already became rich in this way based on their testimony.

[chengyinoing]

It is very useful to keep bitcoins for a long time. Bitcoin prices always go up. The number of bitcoins is constant, not more than 21 million.

It is believed that with the rapid growth of bitcoin, the future costs will be higher.

[rog1121]

The holders are not getting profits for your data they are picking up benefits on account of the cost of bitcoin is going up and there is no profits in light of the fact that their cash that are coming in is relying upon their purchased value so sparing and holding bitcoin for long haul is justified, despite all the trouble on the grounds that the conceivable benefit is colossal and you simply need to pause.

[m1c0]

holders always benefit because bitcoin is deflationary. No more than 21 million btc will ever exist and people are losing them when time passes so it can only become more valuable.

[Teagannr]

I think that just keeping bitcoin for a long time now is the wisest act. The price fluctuates very much, so it's better to wait for a significant price increase. If you don't want to take any risky of investing it anywhere then its best to save your bitcoins for future by keeping them safe in your wallet as price is tend to rise in long term but make sure that you manage to hold enough amount of bitcoins as lower amount will not give you higher benefits.

[somblennx]

Because they know potential of bitcoin in the future. So they continue to hold bitcoin. I think it's good investment move, because over time bitcoin value increases.

[King Sastro]

You will suprise that bitcoin has a great value if you plan to long term and forgot bitcoin comeback after 1 year and you see the result.

Unfortunately many users are impatient with this, many users panic when seeing prices fall by more than 10% and this is certainly hope to get big profits will not happen, patience is very important when we invest in bitcoin.

[Tukang Becak]

If compared with other types of investments like gold or stock then bitcoin is shorter, I think it does not take more than 1 year to get 100% profit while gold or stock usually takes 5 years to get profit 100%. I agree that bitcoin benefit of saving for a long time.