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Author Topic: bitcoin benefit of saving for a long time?  (Read 82329 times)
Apaxy
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March 02, 2018, 08:08:46 PM
 #2441

You need not even be here for a long just a good time, as timing is everything. You could attain results in the stock markets in a single literal day in Bitcoin, so it isn't always a long term game.
unlike other coins, the wait for profits from Bitcoin will be long enough. Therefore, Everyone should choose which investments are better for him. Bitcoin can only make good profits in the long run, while other coins bring in revenue today.
patimahsunda
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March 02, 2018, 08:14:08 PM
 #2442

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

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I think they keep it to wait for a big price increase on every coin they save. So it's tantamount to long-term investments. That's how the holders make good profits. I always think about when there will be a great increase from the coins I hold. Like that.
Alijiindahaus
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March 02, 2018, 09:27:08 PM
 #2443

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

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I think they keep it to wait for a big price increase on every coin they save. So it's tantamount to long-term investments. That's how the holders make good profits. I always think about when there will be a great increase from the coins I hold. Like that.
uniquely that Bitcoin store For more favorable prices, but only those who have huge money have it. If a person feels a lack of money every day, He earns Bitcoin and immediately changes them for real money. So we need to understand who exactly expects a rise in prices for cold storage.
kimochidesh
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March 02, 2018, 09:55:50 PM
 #2444

Long-term investors who are quite optimistic towards the price rise of BTC in upcoming years like to HODL the coins. What I realize that these Investors either don't have time or knowledge of trading so they prefer to remain the silent by holding BTC having a long-term point of view.
kateycoin
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March 02, 2018, 10:00:20 PM
 #2445

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

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I think they store their bitcoin in their wallet because they want to hold it so when the bitcoin goes up the price they will a big profit in their holding bitcoin.

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March 03, 2018, 02:02:41 AM
 #2446

To save the life of human beings, it is necessary  to save it. However, it the savings are invested in the bank or elsewhere it will earn 6% or 8%. I think investment in bitcoin is twice the investment.

It's better to sell it at the right time because I see it's no use saving it for a very long time because I'm going to sell it where it lets me make a profit out of it because never selling a coin is also risking if the price goes down in the next few days.
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March 03, 2018, 02:16:12 AM
 #2447

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

Come share your thoughts


the benefit are obvious aren't they? by holding your bitcoin become more valuable, and without doing nothing you could be rich!, what you want more than this? only gold offer this same thing but gold is going anywhere anymore, bitcoin has a very potential to go 10x or 100x in 10 years, i'm all for bitcoin
While it is true that it has potential to go 10x or 100x in 10 years, it defeat the purpose of Bitcoin in the very beginning which is currency.
Nakamoto created Bitcoin to be used in daily transactions, as a currency not as an asset.

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March 03, 2018, 02:50:33 AM
 #2448

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

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Yes, the benefits could give you by storing bitcoin in your wallet for a long time, is by the time bitcoin price will reach the highest exchange in the market, it could give you really a big profit to earned.
InvestMen
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March 03, 2018, 03:00:50 AM
 #2449

Is it worth to accumulate Bitcoin? In my opinion, investing in Bitcoin is definitely worth it. Simply put, the crypto currency has come to our world and I think forever.
KrisAlex18
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March 03, 2018, 03:04:03 AM
 #2450

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

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We all know that bitcoin's value is volatile so it means as time passes by, the value of it changes into either rising up or falling down. If you are going to hold your bitcoi for a long time, only two things can happen to you, it's either your money would go higher or would go lower depending on the volatility of bitcoin. If you are going to save your money, you should think about it carefully first.
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March 03, 2018, 03:06:32 AM
 #2451

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

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If we can all remember, the value of bitcoin wayback when it was just starting was very low and people did not patronized it that much but as years pass by and innovations take place, the value has risen a lot which made some people rich instantly. From there, we can already see how beneficial it is when you are going to hold your bitcoin for a very long time but still you should be careful on making decisions.

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March 03, 2018, 12:38:19 PM
 #2452

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

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some people are saving their bitcoin for a long time because they want it to grow more. i am also very positive that bitcoin will go as high as it is today. if i have the capacity i will also be saving my bitcoin. but as of today i am in need financially for the family budget. my bitcoin saving is just little.
andeluna
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March 03, 2018, 01:59:15 PM
 #2453

It is a good idea to save bitcoin for a long time and I'm pretty sure that we will benefit from it. As time passes by, the bitcoin is getting well-known and as a result, many are investing on it and its price goes high each and every time except for the red days. If we will save our bitcoins, we will surely benefit in the future.

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johnnythunder
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March 09, 2018, 04:42:36 AM
 #2454

It is a smart thought to spare bitcoin for quite a while and I'm almost certain that we will profit by it. As time cruises by, the bitcoin is getting outstanding and thus, numerous are contributing on it and its cost goes high every single time with the exception of the red days. In the event that we will spare our bitcoins, we will without a doubt advantage later on.
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March 09, 2018, 05:24:33 AM
 #2455

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

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          There are some people storing their bitcoin in their wallet and saving for long time because it is more beneficial than saving for short term only.This is the most effective way to get more profits.

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March 09, 2018, 09:59:49 AM
 #2456

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 we can all remember, the value of bitcoin wayback when it was just starting was very low and people did not patronized it that much but as years pass by and innovations take place, the value has risen a lot which made some people rich instantly. From there, we can already see how beneficial it is when you are going to hold your bitcoin for a very long time but still you should be careful on making decisions.
I do not agree your idea.
You have to remember no one got profit from Bitcoin instantly like you said, how to get that profit easy like that?
Nothing is easy and those who got profit have spend much times + money to bought Bitcoin at low price.
bobbykulot
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March 09, 2018, 10:07:20 AM
 #2457

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

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Because they want to reach the higher price in the market to sell their coins to earn a big amount of money this what we called future. Because of Bitcoin we can now have own saving that we are the controller and we can see it anytime and we can sell it when we want. This is the future of our family.
Farhan786
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March 09, 2018, 07:26:33 PM
 #2458

Keeping your Bitcoin I know that a few years ago, campaigns and calls were paying too much when bitcoin was not so abundant. From that time, those who saved the coins had a good profit. So I think people with Bitcoin will even grow higher to keep their coins.
Dark Sky
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March 09, 2018, 08:02:10 PM
 #2459

Keeping your Bitcoin I know that a few years ago, campaigns and calls were paying too much when bitcoin was not so abundant. From that time, those who saved the coins had a good profit. So I think people with Bitcoin will even grow higher to keep their coins.
If you have some extra money in your account and you wants some extra benefits from it so you should invest in bitcoin and hold it for long time because bitcoin price is more increase and it will very profitable for you, it will very good to earn more bitcoin by investment and that's why you will start any physical business from bitcoin's profit.

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March 09, 2018, 08:20:29 PM
 #2460

I think what they are doing is called an investment. It could be just short term like weeks or months but there could also be long term that they will just buy some Bitcoins, hold it or even forget about it for years and then gain great profit out of it, remember those Bitcoin holder who had their coins for like $1, imagine that at one point last year it reached $19k. It pays off more than a hundred times when you hold patiently and wait for the best time to sell your coins.

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