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Author Topic: bitcoin benefit of saving for a long time?  (Read 82317 times)
bilyboy
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March 17, 2018, 03:17:36 AM
 #2561

Benefit is only our expectation since it does not come yet or there is no assurance that we will have the success in the future.
As for me, I believe on the future of bitcoin so I am holding it for long term and I am now stronger now even there is a massive dump that might happen.
topleskacah
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March 17, 2018, 03:31:15 AM
 #2562

Benefit of saving Bitcoin for a long time is obviously BIG PROFIT. If you are able to buy or hold Bitcoin in the past few months and sold today then you'll sure profit a lot. It is also good to buy or hold Bitcoin with the current price today but do not get panic because sooner or later big crash will happen. Another benefits of saving Bitcoin for a long time is if you need money to pay for something but you are out of money already then you have a Bitcoin to exchange for flat.
Freshmen
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March 17, 2018, 10:41:09 AM
 #2563

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 .
If we look at the last year and what happened with the price of the bitcoin and how it reached to the level of moon and then saw some dump. There are different lessons for the investors and biggest of all is that the price fluctuation in short time is less but in bigger time, this can have very serious consequences. Tracking the bitcoin price is a must because if it is going higher, you must not sell it but at every step define a threshold where you will sell it so that you can opt for the minimum loss. You can still purchase the bitcoin after seeing some pumps rumours.
xandra
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March 17, 2018, 01:49:24 PM
 #2564

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 so many people store bitcoin in their wallet it's because they believed that it will give them more big profit if they will hold it for long term. They are just waiting for the right time to sell their bitcoin and patience is always a virtue, so if you believed in btc that it will be more profitable then hold it because that's what I've been doing too.

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Luce09
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March 17, 2018, 02:21:30 PM
 #2565

Of course make a profit, I envy those people who bought bitcoin at least 3 years ago...
donte872
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March 17, 2018, 05:03:33 PM
 #2566

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

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donte872
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March 17, 2018, 05:09:51 PM
 #2567

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

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donte872
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March 17, 2018, 05:12:13 PM
 #2568

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

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KrisAlex18
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March 17, 2018, 08:58:15 PM
 #2569

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

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Bitcoin has a high volatile so there is really a large possibility that your money would grow more as you save it for a long time. It is a strategic idea of the people who want to recieve more profit over time. It may sound selfish but it is where they get their extra income from. Not doing it would totally make a great impact in their lives. Let us just leave them the choice on whether they would hold it for long or not.
maminelly
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March 17, 2018, 09:16:15 PM
 #2570

sometimes it's to risky to stored our invest in our wallet,we don't know if what happen in our saving because there's a lot of hacker's...there's a lot of way's to hold our investing in bitcoin to our wallet,some are success...These people stored bitcoins 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 this way of holding bitcoin amount is really a profitable aspects of investments and you will have no hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet...
icoworld
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March 17, 2018, 09:19:00 PM
 #2571

I think that bitcoin is designed for such an action in order to get a big benefit over a long period of time
Dark Sky
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March 17, 2018, 09:32:18 PM
 #2572

sometimes it's to risky to stored our invest in our wallet,we don't know if what happen in our saving because there's a lot of hacker's...there's a lot of way's to hold our investing in bitcoin to our wallet,some are success...These people stored bitcoins 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 this way of holding bitcoin amount is really a profitable aspects of investments and you will have no hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet...
Yes saving of bitcoin is really beneficial for them who hold their bitcoin for long time and that's why they will get huge profit, so they can perfect planing for future as like starting a business, i think many of people should invest their money because bitcoin price is increasing and that is the best time.

bitlyra
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March 17, 2018, 10:27:15 PM
 #2573

Saving more bitcoins for a long period of time will make you rich. Because bitcoin is ideal for long time investments. Many successful investors was successfully become rich because of this saving bitcoin for a long time because when you save,  it may be doubled or even more higher in the future. So hold bitcoins and save for the future.

Amajaa
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March 17, 2018, 11:06:20 PM
 #2574

It is the biggest benefit you will get from bitcoin when  you keep it for a long time.. Why, for bitcoin price increases almost yearly.. But it is also best to sell it once you have profited the roll back again once dump.. No need to keep it for a long time to get profit you must know how to play with crypto.
rockyboy
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March 17, 2018, 11:31:48 PM
 #2575

The main reason for keeping the bitcoin for long time is  capital gain. People believe it will cost much more in the future as bitcoin is growing rapidly. And the best part is the amount of bitcoins is constant and can’t be more than 21 million. Thus its value will gradualy grow.

That is the main reason why there are new investors are used to invest with bitcoin because it will surely grow or the price will surely rise. We just need to be patient and hold our investment.

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thecoder2017
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March 18, 2018, 02:56:45 AM
 #2576

Sometimes saving bitcoin for a long time will give you more profit especially when the price of bitcoin will rise high so some of the people hold their bitcoin and wait for the time that its price will go high to earn more profit so others invest it also.
queenhallmark
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March 18, 2018, 03:48:17 AM
 #2577

It is a wise thought to spare bitcoin for quite whereas and that i am nearly sure that we have a tendency to square measure reaching to profit by it. As time cruises by, the bitcoin is getting outstanding so, varied unit of measurement contributive on it and its worth goes high every single time with the exception of the red days. among the event that we have a tendency to square measure reaching to spare our bitcoins, we have a tendency to square measure reaching to whereas not a doubt advantage custard apple.
Seward
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March 21, 2018, 10:51:42 AM
 #2578

I agree with you that holding bitcoin wil be an advantage of gaining profit but it is not also bad to try other methods to earn bitcoin.  Smiley
If there many people who save and keeping their bitcoins, it is because they believed keeping it will give them a big profit in the future once bitcoin reach the high price value especially this year
daduremi
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March 21, 2018, 11:05:56 AM
 #2579

And if you know the bitcoin price will continue to increase for years to come, you should save a bit of sugar at this time.
I keep saving, because I believe that saving bitcoin for a long time will be good for me. The more bitcoins we will save, will tell you that this is a very good thing and this is a wise decision. The price increase is very surprising now, so this is the best thing to do.
belalangsembah
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March 21, 2018, 11:44:05 AM
 #2580

People store their bitcoins because they're waiting for its value to increase so that they can have a huge profit.

Although the profit is smaller when compared with the trade. But I think there are many benefits in getting, by storing bitcoin and of course as future investment because it has good prospects for investment other than that crypto currency is a good asset
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