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Author Topic: bitcoin benefit of saving for a long time?  (Read 82240 times)
belalangsembah
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March 21, 2018, 11:44:05 AM
 #2581

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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alroys
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March 21, 2018, 11:51:10 AM
 #2582

save Bitcoin in Wallet for a long time, of course hope later Bitcoin price will rise high. with the hope of getting a big profit, that's an investment and all that there is a risk.
Freddie Aguiluz
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March 21, 2018, 11:52:38 AM
 #2583

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 a lot of people who has bitcoin for the last years, but there are some people who has bitcoin and don't know how much is its value. There are also people who has a lot of bitcoin but they cannot open their wallet to sell their bitcoins. Storing your bitcoin and waiting for the price to go up is a good investment.
rockstarr
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March 21, 2018, 12:12:49 PM
 #2584

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

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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

Yeah, Bitcoin has great potential and can emerge as one of the best security with time.

Saving and holding bitcoin for a long period of time is done normally when the price is down then sale or trade it if it is a high value. But some of us are saving it for their future and to have a big profit someday.
Tiernadi
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March 21, 2018, 12:14:16 PM
 #2585

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 you're patient enough, profit will come to you with btc. I will say that some % of your saving should be invested in bitcoin which will help you to retire a rich life as price of btc tends to rise in future as well.
codecares
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March 21, 2018, 12:30:32 PM
 #2586

I think they will profit a lot of sustain from storing bitcoin for a long times.Always rising bitcoin prices create us profit a lot of profit. you gain not have to discharge adherence hard to earn portion.just by storing bitcoin without help. The longer you quantity bitcoin the more child maintenance you will have. It's because of the demand of bitcoin a lot and makes the bitcoin price go occurring. If we see at bitcoin prices from year to year rise significantly. This is your era to invest bitcoin in order for you to earn maintenance.
tiar4dewie
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March 21, 2018, 05:15:30 PM
 #2587

By seeing a very short price change, I do not think bitcoin is right if it's stored for a long time. Saving is good but bitcoin itself has shown its characteristics more suitable for short-term trading

chel0
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March 21, 2018, 08:15:26 PM
 #2588

A lot of bitcoin you keep means a large amount of profit you earn for a certain period of time. That's the benefit you get for saving it for a long time. Most of all, if the bitcoin you are keeping are coming from bounty hunting and not directly from your wallet or from your savings. No worries because you're not buying them, it is the reward you get for your hardwork, patience and perseverance. 
Alijiindahaus
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March 21, 2018, 09:07:46 PM
 #2589

A lot of bitcoin you keep means a large amount of profit you earn for a certain period of time. That's the benefit you get for saving it for a long time. Most of all, if the bitcoin you are keeping are coming from bounty hunting and not directly from your wallet or from your savings. No worries because you're not buying them, it is the reward you get for your hardwork, patience and perseverance. 
I totally agree with you and even more than I can say thanks bounty companies you can earn starting capital and fill their wallets, with no spending their money.
Theones
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March 21, 2018, 09:15:14 PM
 #2590

Of course you will get big benefit, because bitcoin is the best cryptocurreny now and value of it will increase with time, so if you want, just invest.

rainezerr
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March 21, 2018, 09:17:04 PM
 #2591

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

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The reason is that, everyone is expecting to earn a huge amount of profit when the market price increase to the highest cap, it was very easy to obtain profit and you do not really need to work really hard just like in the corporate world so everyone is really interested.

kwabeedat
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March 22, 2018, 02:14:24 PM
 #2592

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

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That is because they believe in the investment of bitcoin and hence no matter what happens or every bad news or panic, they won't sell if all their coins at a cheap price. That is the power of an investor
selawase
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March 22, 2018, 05:46:27 PM
 #2593

which obviously they do solely just want to make a profit, they hold their bitcoin in the wallet waiting for a high price or perceived price according to their taste, then they sell.
baldur odinson
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March 22, 2018, 05:47:27 PM
 #2594

I prefer to keep long term because of the expectation that the price of bitcoin will rise very much. Even if the price drops, i consider it a bit more opportunity to buy Bitcoin. Bitcoin Long term investment is also a serious accumulation for the future.
reverseflash
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March 23, 2018, 01:37:58 PM
 #2595

I prefer to keep long term because of the expectation that the price of bitcoin will rise very much. Even if the price drops, i consider it a bit more opportunity to buy Bitcoin. Bitcoin Long term investment is also a serious accumulation for the future.
Long-term investments are good when you have the spare cash and there are other sources of income. If you earn by means of bitcoin, that will be more correct to trade in it.
kalebb
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March 23, 2018, 01:47:22 PM
 #2596

It depends because bitcoin currency is not stable but storing it can benefit in some ways.
Lang09
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March 23, 2018, 01:48:51 PM
 #2597

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

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of course,saving bitcoin will give you benefit  you just need to save it for some time or hold it for a few years. depends on your need
you will benefit by reselling your bitcoin at a higher price?
srmecdes
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March 23, 2018, 02:47:26 PM
 #2598

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 hope you saved your bitcoin since your post date Smiley price dfference is really huge..
bitcoinsocial09
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March 23, 2018, 03:01:44 PM
 #2599

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

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The people store their bitcoin for a long time because the benefit that they can get is they can gain a lot of profit. It is possible that their money will be doubled or more. Because if bitcoin price will rise it is possible that their own bitcoin will rise too. It is also possible they save it because they wait for the perfect time to use it. But it is also risky because if the bitcoin price will fall it is sad to say that their own bitcoin will fall too.

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kicauklaten
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March 23, 2018, 03:25:38 PM
 #2600

Some people believe that bitcoin is currency futures in the world, therefore many are saving and investing to the time it arrives and hopes the longer bitcoin has the value that will be expensive. actually quite reasonable since the development of the bitcoin getting bigger nowadays.

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