ahiaba.john@yahoo.com
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March 15, 2018, 12:38:30 PM |
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Store or saving bitcoin for long period of time like any other business is to allow for increase in price for more gain or profits. We have seen practically during the year 2017 where the price rose to 20k USD and for people that bought it very low say 4k USD made a very big profit. Holding or saving for a long period of time is for profit generation.
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Yutikas_11920
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March 15, 2018, 01:18:38 PM |
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because they believe that bitcoin prices in the future will continue to rise so now they are holding them waiting for the right moment when their high bitcoin price will sell it so they gain a big profit.
but the fact is bitcoin has been proven in the year of 2017 when bitcoin prices increased very high and make a record ATH. so of course, everyone will believe that bitcoin will be profitable for a long time. |
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Bitcoin2009
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March 15, 2018, 03:20:24 PM |
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This is not much known and liked by people, they think that bitcoin has no future so when they see the price go up then they sell immediately, I prefer to sell bitcoin when I need money or I will keep for a long time.
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fiend91
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March 15, 2018, 04:10:53 PM |
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Bitcoin certainly would be very beneficial if you store it in the very long run. Imagine if you save 100 BTC in 2013 until today. Well, chances are you will become rich without doing anything. so, save bitcoin in the long term it is very profitable.
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Harley29
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March 15, 2018, 05:02:40 PM |
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Yes true, if we want to be patient and wait for a long time for at least 5 years then bitcoin prices will rise up to 100x, this is because the number of users is increasing and they do not care about the number of countries banned bitcoin.
Good not to care for them because it is very common in bitcoin things use to happen but you will have to keep patience and hold your bitcoin, selling your bitcoin at low price will make you suffer from lose so I would like to say you to save your bitcoin and don’t use your bitcoin for the daily needs of life which are minors to you, try to avoid selling because bitcoin has potential and it can give you high amount of profit as price is going to be more than 50k dollars after few months. |
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clex_us
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March 15, 2018, 05:13:44 PM |
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if you buy bitcoin at a low price and keep it for a long time, you will get a huge profit in the future because bitcoin is becoming more popular and widely used, it attracts many more new investors, that increases the value of bitcoin to very high.
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kukuli
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March 15, 2018, 05:56:54 PM |
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They will wait for the absolute era to sell their bitcoin. Holding means you want more profit than you money. It takes a lot of patience here forward it is a more profitable way of earning and mostly for the highly developed. But it is not wish that the price will go tall, enormously, it will go in addition to to. You will think twice because of the anxiety selling but the wisest will win. Wise decision can declare yes a invincible advantage here.
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icol333
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March 15, 2018, 06:01:50 PM |
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In my opinion, many people stack the coins for a long time to hope that the chart will reach their desired price so they can earn the profit.
But in other cases, there are some people stacking their coins to be deposited in the future. So if anything happens and they need some cash, they'll withdraw the coins and hopefully, it's on the high price.
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Dejech19
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March 16, 2018, 01:26:47 AM |
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Of course it got benefit, most of the people store bitcoin as investment and because there are so many scammed investment, it is better just put your coin in your wallet and keep it safe and because bitcoin price is keep on rising so saving it for a long time is going to bring big profit for the holder
Maybe people save their bitcoin in there coin wallets,because they are waiting for the right time to trade or invest their Bitcoins.We all know in Bitcoin world the price is not always stable so its better to save and keep it first for the good rate.It also has a advantage of saving it in coin wallets because some coin wallets offers small business for the users, like my wallet it offers load business and bills payment from there you can also have profit in every load and bills you transact. At least the coins you save is having a good profit too. |
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Dux2K
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March 16, 2018, 07:21:41 AM |
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Bitcoin is a long term currency that is worth the hold. If you can wait for long and have patience to wait for the proper time, it will surely pays off and you will really have a good harvest at the end. Long time invest best option.
Long tern is good word, but many have temptation when they see price going up more then they were payed and have very hard time to control feeling of having it in bigger amount or they just want to have more money then invested. It really hard and believe that many who resist selling on 20k have have that but many who bought it on that price are now in very bad position and they must hold in long term if they want to recover some of the looses. |
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Zaarin
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March 16, 2018, 02:13:37 PM |
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Bitcoin users tend to adding together the coins in their wallet because they are waiting for the value of bitcoin to ensue. Thru this, the users were alert to earn profit from a little investment that they have. You can compare it regarding the traditional staff trading in growth minister to where addition holders monitors their account in battle of inflation going regarding for the value of gathering puff.
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Blue Bell
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March 16, 2018, 03:00:05 PM |
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Many people keep their bitcoin in wallet for long-term investment. They believe that bitcoin prices will keep going up. Therefore they do not sell them bitcoin, but save bitcoin them bitcoin, I am also one of the bitcoin holder because I believe bitcoin prices will keep going up .
Good for them because price of bitcoin use to increase very high after very short time. Lose is not going to be with you if you will plane well, people use to sell bitcoin at low price for small time of profit just because they are not aware of the bitcoin properly and they has very weak trust for bitcoin, they should hold bitcoin for the long time and them they will be able to see the price of bitcoin very high, as you said the market demands of bitcoin use to increase and decrease so it sir good to hold bitcoin for long time and earn high amount of profit with your bitcoin. |
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Jessica1234
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March 16, 2018, 04:46:58 PM |
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Yes, bitcoin users intended to save their bitcoin for them to reach the high value of bitcoin. Because we all know that the value of bitcoin is not stable.
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jrrsparkles
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March 16, 2018, 05:40:12 PM |
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If the OP did that what he asked to the people then he now knows what is the benefits of saving a bitcoin for long term.The price of bitcoin jumped from $1000 to $20000 in just one year but now it is at $9000 still huge return though.  |
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Md.Sufian
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March 16, 2018, 06:38:41 PM |
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Always increasing Bitcoin prices gives us a lot of profits, you do not have to work hard to make money. Just save Bitcoin and save the bitcoin that you get as much money as you can. It makes a bit of a demand of Bitcoin and Bitcoin prices goes up.
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Pintasak
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March 17, 2018, 12:33:14 AM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Yes it has a big impact and benefited people who stored bitcoin in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market.They will sell their holdings so that profit will be earned.In the way of holding btc |
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Kita Kita
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March 17, 2018, 12:56:56 AM |
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Probably the best thing right now is to hold and if possible to buy more for keeping. Think that best are for those who didn't buy anything just collected them over years with various ways, from small to big ones.
Well there are so many benefit of saving bitcoin for long time just like the value of it can really pump x2 or even x3, and i think the other benefits of saving bitcoin for long time is even without doing anything the value of our bitcoin is we will grow. |
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Barcode_
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March 17, 2018, 02:01:24 AM |
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The group of investors who are holding bitcoin for a long period of time is just hoping to see another huge price surge in the values of bitcoin, but in reality, they are also taking a huge risk in this investment as the values of bitcoin in the future is totally unpredictable.
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Rrtt
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March 17, 2018, 02:50:23 AM |
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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 benefits of storing bitcoin in our wallet for a long time is to have a higher profit when bitcoin will reach to its higher value. They are the risk takers investors. Bitcoin demand is increasing and have a positive outlooknin the future. |
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TelolettOm
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March 17, 2018, 02:58:50 AM |
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Probably the best thing right now is to hold and if possible to buy more for keeping. Think that best are for those who didn't buy anything just collected them over years with various ways, from small to big ones.
Well there are so many benefit of saving bitcoin for long time just like the value of it can really pump x2 or even x3, and i think the other benefits of saving bitcoin for long time is even without doing anything the value of our bitcoin is we will grow. by holding or storing bitcoin that's what we will get but if indeed we can not afford the loss also we can get from our own panic. it might be true to get 2-3x profit |
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