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Author Topic: bitcoin benefit of saving for a long time?  (Read 82238 times)
Strongball
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March 13, 2018, 08:30:12 AM
 #2481

Saving bitcoins especially on longer times gives it more chances of being able to profit more from it. If you wait
until bitcoin increases on much more higher price and sell it by then, proceeds are gonna me big and
rewarding. A lot of people tend to do this, just like last year. When bitcoins hit $20k, a lot were
lucky enough to have hold coins and sold them when that sweet price came.
And for this year, plenty are waiting and holding to see if this time
it would do the same or surpass last year's market price
of bitcoins.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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arthur25
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March 13, 2018, 09:04:39 AM
 #2482

Saving bitcoin for a long time is a life saving for the future. The benefits for saving is good for yourself at the right time. You will have more gain in your saving. This is something you have own for a long time. Bitcoin uses will not change to nothing but it will improve the ways in the crypto.
icopir
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March 13, 2018, 09:19:44 AM
 #2483

many people buy it for this in the long run, it brings more income than if you keep it for a short period
sharnel18
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March 13, 2018, 09:38:14 AM
 #2484

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

Come share your thoughts

People store and save their bitcoin because of its benefits and it will gain much more of your savings,as long as bitcoin is growing and constant your saving is in a long term.
Black Angel
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March 13, 2018, 09:40:37 AM
 #2485

Yes, we have to be patient waiting at least for 3 years, with patience waiting then we will get big profit, I will hold bitcoin and will sell in year 2020 when I am 27 years old because I will get married in 2020.
labs0918
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March 13, 2018, 10:14:52 AM
 #2486

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

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In my own opinion the benefit of saving bitcoin for a long time is you can earn a big profit if the bitcoin price goes higher and higher as time passed by. It is more profitable than to save it for a short period of time.

drew314
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March 13, 2018, 10:31:06 AM
 #2487

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 people are storing their bitcoin in their wallet for a long time hoping to get bigger profit when the price moves to the highest point. But that is also risk taking because the bitcoin price might drop and they lose profit. If you do storing bitcoins for a long time run, you must check the market always.
maianh09
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March 13, 2018, 10:34:03 AM
 #2488

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 choose Bitcoin as a way to save instead of depositing money into the bank. Bitcoin uses the technology of the future, so it has a lot of potentials to grow, so I decided to use it to save possibility for a long time.
Wong Gendheng
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March 13, 2018, 10:47:22 AM
 #2489

Unfortunately when there is a slight increase then many users are immediately selling, they are used to this so bitcoin is difficult to ride, and I will also follow this trend because with like this then we get profit.
hacking13
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March 13, 2018, 10:55:36 AM
 #2490

It's really a good thing to keep bitcoins for a long time because during the long course of period of holding on to it, the price exchange would have increased, turning it to a huge profit. Unless one has a huge need to use the bitcoins they have at the moment, saving it is much better. Most people that have lots of bitcoins now are as a result of them holding on to it or in some cases, some have forgotten they have the coins. Rapper and Business mogul, 50 cent currently made headlines for owning lots of bitcoins from the past that he forgot he had.

Saving the coins for a long time is really a go-to if there's no major importance to trade it.
joanshu
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March 13, 2018, 11:00:58 AM
 #2491

Many people store and keep their btc as it is in their wallet just like me because i don't want to use my investment as i have kept them for my future purpose and i know the market price of the btc will reach a certain level when it will really difficult for a normal person to afford one so are the reason i still hold on with my btc.I did not do panic selling even when the price of the btc hit 20k USD because i know the market will grow even higher and it is always best to store atleast some btc in your wallet because nobody can predict the future of btc what if the market hike to unexpected level or it can even go low the value of the btc is going low only because the investors are making a panic selling when they find some fake news .Anyway the person holding on with their btc will anyway get 10 fold higher rate than the amount they have spend to buy them so it is never a loss to invest on btc infact it is a wise decision to make investments on btc.
armandoz
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March 13, 2018, 11:12:54 AM
 #2492

what will be the benefit if you just savings for a long tome in bitcoin rather than to open a business and half or some of your saving put it in business to grow your money and the other is in the bitcoin savings. We cannot assure if the value of the bitcoin tomorrow is increast or decreast so make a wise move and don't just stack your money in one place or bitcoin only.

TaKlarPH
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March 13, 2018, 11:18:29 AM
 #2493

That is a good question. Well, in my experience I store or hold different coins hoping when the time is right or I got the percentage that I want or I earned big and happy with the earning I can use it for my personal expense or better yet invest in more coins that I know that has potential to grow.

My advice to you is that you try investing too in some coins that you has a potential
Pujangga
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March 13, 2018, 11:19:31 AM
 #2494

Yes true, bitcoin is more advantageous if we keep for a long time, as it happens today, surely many users are panicking so sell bitcoin, but with patience then they can get big profit at the end of this year.
GalaxyWorld
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March 13, 2018, 11:35:24 AM
 #2495

Yes true, bitcoin is more advantageous if we keep for a long time, as it happens today, surely many users are panicking so sell bitcoin, but with patience then they can get big profit at the end of this year.
right . For those who grasp the good times to buy and sell, the fluctuation of the market is an opportunity for them to make a profit. But for us it is only possible to keep bitcoin for a long time, and this will be profitable for us.

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Wittycoin
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March 13, 2018, 11:35:43 AM
 #2496

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 people are willing to risk their bitcoin to be able to gain more profit from it.  You need to risk to be able to gain big.  
conected
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March 13, 2018, 02:11:07 PM
 #2497

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

Come share your thoughts

Because people are willing to risk their bitcoin to be able to gain more profit from it.  You need to risk to be able to gain big.  
- They know the risk from bitcoin is not too great because the development and trend of bitcoin is very clear, it always tends to go up, that makes them believe that holding bitcoin in the long run will bring greater profits for them, helping them become richer without doing too much work. In addition, they do not have much time and skills for trading, what they have is only money, they choose the holdings to be safer and suitable for their conditions, however, they do not realize that bitcoin trading is easy and makes more money, instead of holding


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Apiapik
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March 13, 2018, 02:21:19 PM
 #2498


Bitcoin movements that tend to make the fans feel at home for long do not sell it.
They hope to make a big profit from their bitcoin stores.
Bincoin is a reliable crypto currency.
trinhdinhthang20007
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March 13, 2018, 02:42:02 PM
 #2499

Sometimes simply keeping the BTC could become a skilled trader  Grin Grin Grin
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March 13, 2018, 05:16:33 PM
 #2500

The benefit of saving bitcoin for a long time is definitely to gain huge profits in the future. They are willing to do that because they know investing in bitcoin is no doubt to get a good profit. There are many bitcoin users who have felt it, when is your turn?

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