bitcoin benefit of saving for a long time?

[Coleth]

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, they know that their investment will grow i mean double or triple one day. We are treating it as an investment like time deposit.

[Gameroid]

Actually i am one of those people who stored bitcoins on my wallet for long term investment. I badly need to save for my children future. And investing bitcoins is more appropriate than saving our money to the bank which only give us a little bit of interest, almost none eventually.

No doubt that saving bitcoin for long term is a good decision, specially for those people who have their day job and cannot give full time to bitcoin trading or short term investment. They just need to hold bitcoin and wait  and i am sure that they will get a good profit from bitcoin investment after some time. I myself holding bitcoin for  a long time and pretty confident about the profit that i can get from bitcoin.

[kyoshiro0911]

To be honest no one knows what is the full potential of bitcoins as may be tomorrow we see price of $5k and in next few months it can climb even to $10k and so on as no one knows which is the highest price of bitcoins and people will sell their coins when they are making huge profits from it and buy it back when price drops and I think that is the best way to play with your coins.

[Elips1]

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.

,,,Exactly, that the amount of bitcoin is constant and can't be more than 21 million. This is why we must keep the bitcoin for a long time and waiting until the price in the market will rise the value. So, it's better to keep bitcoin in the wallet  than saving money in the bank.

[okwang231]

yes it is true that holding or saving bitcoin for a long time can be used benefits when you mark it maybe the most beautiful topic I have read because it explains to everyone what bitcoin really is not just digital money you can well worth the benifits for your future.

[Arata]

I think if it is a bitcoin it does not matter save it for a long time, because bitcoin values ​​are more stable compared to other coins. Save it for a long time with the hope that its value will increase with so much profit to be gained more and more. Many people have already proved it.

[uozer]

There is every tendency in all ramification to benefit from saving for a long time in Bitcoin because its volatility probability is in most cases positively high no matter how the case may be. In essence, hardly can you see anyone that had over a long years kept his Bitcoin that shall have any course to regret it.

[kyoshiro0911]

I think saving bitcoin is a good idea and one of the best thing to get a higher profit and It is the most common and easy method of making big profits with bitcoin that is simply holding it for a long time. people save them because they could sell them at the highest price possible. a little risk by that person turns out to be the life-changing investment for him.

[Merjay18]

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

Come share your thoughts

Hi buddy this is just my own opinion, I think many are keeping and saving there bitcoins because they are waiting for the right time to invest and sell. Saving in wallets are the best way to keep the bitcoins because if you are just  keep the security of your wallet no one will  get it from you. I think they are collecting and saving bitcoins for higher profit this are most common to do to make more money.

[mypat3op]

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.

[Pujangga]

Yes true, of course bitcoin is advantageous if we saving for a long time, with this fact then we must be patient to wait for the right time to sell bitcoin, do not think that buy morning and afternoon already get profit, but wait at least a year then we will get big profit .

[Via-]

I think saving it for a long time can have a negative and positive impact. The negatives could be that bitcoin prices go down dramatically and positively when bitcoin prices soar that we can profit by selling them or converting into local currency. Better if you keep long bitcoin don't be too long, afraid later bitcoin prices drop and you will regret, want to profit but even loss. But we must be sure that future bitcoin will keep increasing and hopefully there will be no price offspring on bitcoin.

[yakafi]

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

Come share your thoughts

many people save in bitcoin for long therm is right. when the price is going up, they sell it. it will be give alot benefit.

[Jose Rizal]

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

Come share your thoughts

They believe it will happen cause they take risk to invest and save their money for a long time, and as a result they have gain so much by now the hardwork that they have given is well appreciated by now, since the expectation was fulfilled by this currency itself and we should be all inspored with that , to be eise with our money.

[biboy]

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

Come share your thoughts

many people save in bitcoin for long therm is right. when the price is going up, they sell it. it will be give alot benefit.

That is the right to do guys to save bitcoin for a long time, if you want to change your life after few years just like the pizza delivery boy has become right now, and don't let yourself to regret just like what you others way back 2008 on wards where in they regret why they did not hold their bitcoins.

[Ayush rana]

I don't think now savings bitcoins for a long term will give you a good profit. As per the new trend Coins like ETH and NEO are the two best coins in the market who are doing great. Insted of investing in bitcoin if you invest in these two coins you will get a good profit as compared to investing in bitcoin.
These two coins are the future coins.

[MRlong]

I think saving it for a long time can have a negative and positive impact. The negatives could be that bitcoin prices go down dramatically and positively when bitcoin prices soar that we can profit by selling them or converting into local currency. Better if you keep long bitcoin don't be too long, afraid later bitcoin prices drop and you will regret, want to profit but even loss. But we must be sure that future bitcoin will keep increasing and hopefully there will be no price offspring on bitcoin.

You are conflicting with what you are explaining, positive or negative you can not explain clearly. For me, if most people hold Bitcoin and wait for Bitcoin to rise again like 2017, I'm sure the cryptocurrency market will continue in the bearish trend for a very long time. Just only when most people give up (for a few financial reasons, for example) but it is still attractive to investors, the whale will not let Bitcoin's value end as worthless. The past will be repeated as in the period 2014 - 2017.

[ajdaj]

I don't think now savings bitcoins for a long term will give you a good profit. As per the new trend Coins like ETH and NEO are the two best coins in the market who are doing great. Insted of investing in bitcoin if you invest in these two coins you will get a good profit as compared to investing in bitcoin.
These two coins are the future coins.

and yet I will give preference to the Etherium. Throughout my time I've watched this no And now I'm much more confident in my investments in eth, not in Bitcoin or the time is gone.

[piter66]

The holders don't seem to be obtaining profits for your knowledge area unit reading advantages on account of worth of bitcoin goes up and there's no profits in light-weight of the very fact that their money that are coming back in is relying upon their purchased value thus economical and holding bitcoin for long-term is even, despite all the difficulty on the grounds that the conceivable profit is large and you just ought to pause.

[weav]

I don't think now savings bitcoins for a long term will give you a good profit. As per the new trend Coins like ETH and NEO are the two best coins in the market who are doing great. Insted of investing in bitcoin if you invest in these two coins you will get a good profit as compared to investing in bitcoin.
These two coins are the future coins.

and yet I will give preference to the Etherium. Throughout my time I've watched this no And now I'm much more confident in my investments in eth, not in Bitcoin or the time is gone.

Could be , but it is hard to say what bitcoin will develop into. With ethereum it is easy to say , so it is a smart choice.