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Author Topic: bitcoin benefit of saving for a long time?  (Read 82237 times)
weav
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April 03, 2018, 01:54:34 PM
 #2641

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.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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elpiji
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April 03, 2018, 02:03:16 PM
 #2642

Because of the unstable value of bitcoin, many people have long stored bitcoins in bitcoins, whose value is increasing year by year, and potentially huge potential.

As the value of bitcoin goes up, those who keep their bitcoins in their wallets for years are sure to reap the benefits.
right, many people have been storing bitcoin for a long time and they use bitcoin as an investment that will continue to grow from year to year and will experience much improvement for the next year
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April 03, 2018, 02:06:04 PM
 #2643

Yes everyone knows this thing for sure. Most of us are here to invest our collected coins because we can see that saving bitcoin if beneficial and will make you reach your dreams, and helps your financial problems.
I think those who are saving their bitcoins for longer time are known from the fact that they will earn a profit in the future when the price of bitcoin will increase. With the passage of time the users of bitcoin increases increasing the demand and so with the increasing demand the price of it increases which give the expected profit to the users.
human2021
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April 03, 2018, 02:48:53 PM
 #2644

Yeah it will surely benefit you if you can save it for a long time as price keeps on going higher and higher so if you manage to save them for next few years then it can bring best profits for you.
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April 03, 2018, 02:58:54 PM
 #2645

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 they believe that price will hit high points for sure; also it's logical that they don't sell it for current prices.

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April 03, 2018, 03:07:52 PM
 #2646

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 saving for a long time, you have lots of benefits that you may possibly get. First is, you can have a larger earnings. The long you hold the higher chance of having large value of bitcoin. You just choose whether the value is enough for you or you are wanting for more. Another, it is good for future expenses or future needs. It can bring large profit for you and for your family.

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April 03, 2018, 03:23:06 PM
 #2647

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.

Working a regular job allows you to get more Bitcoin and you can also make more fiat while paying your bills as well. I guess that most people on this forum like to just sit around on their computer waiting for money to jump inside their pockets. Well, I am here to tell you that those things usually don't happen often so I would suggest that you get to work soon before the price of Bitcoin goes up in value.
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April 03, 2018, 04:49:18 PM
 #2648

Yes true, bitcoin is more profitable if we keep for a long time, and I hope that all bitcoin users do not panic when the price drops, it is a good opportunity to buy because we can get a cheap price.

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April 03, 2018, 04:53:39 PM
 #2649

Yeah it will surely benefit you if you can save it for a long time as price keeps on going higher and higher so if you manage to save them for next few years then it can bring best profits for you.
A good trader must equip patience to themselves for them to achieve their expected price or income in a particular holding. The longer time you will hold it the bigger possibility that your income will be double up or even tripled up. As the time passes by many investors encourage to invest so because of that the demand of bitcoin is rising up so the price also.
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April 03, 2018, 11:52:31 PM
 #2650

Bitcoin is good for longterm investment. But it is also good to use or to sell it during its peak. Then rebuying it again when the price crashes. 
My bitcoin investment has doubled since I sold my BTC at 19k, now I am rebought BTC again using the money I earned the time I sold Bitcoin to 19k. So I got a huge 2x profit.

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

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April 03, 2018, 11:59:43 PM
 #2651

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

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their goal of storing bitcoin in their wallets for a long time is to have a high price, so if they sell it later, it will be very profitable. actually holding back in the long run does not promise to earn that much profit, because we do not know when bitcoin has a high price.

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April 04, 2018, 12:10:21 AM
 #2652

No one can guess with certainty that the bitcoin price will later rise to a fantastic price. But this is only part of the analysis of investors that bitcoin will rise in price for the various reasons it carries. And it could be true later. They have tried to fight for bitcoin life with a lot of support that is here. With a lot of bitcoin support will continue to survive and the price can go up. Benefits to be obtained by them, of course, they will get a lot of money from the investment-saving bitcoin that they store in their own wallet.
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April 04, 2018, 12:23:38 AM
 #2653

Holding bitcoin is very profitable. Imagine if we holding bitcoin from 2011, we can buy bitcoin on that year with low price and bitcoin price right now become expensive. I am believe that holding bitcoin for long time is profitable and time will pay us well
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April 04, 2018, 12:26:38 AM
 #2654

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 hold their bitcoin as savings. When the time comes they feel bitcoin reach its highest value that they can earn the biggest, they will trade them. Or some are just saving for future use.
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April 04, 2018, 12:39:46 AM
 #2655

High risk bitcoin trading, you can buy bitcoin for long-term and medium-term investment. For example buy bitcoin for 1 million rupiah and you save for 5 years. bitcoin prices will continue to rise every year and you may sell them for 50 million rupiah. It can be said that bitcoin is digital gold or digital properties.
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April 04, 2018, 12:49:25 PM
 #2656

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.


I think , some people of bitcoin save their benefits for the future. but others they invest for a longtime it's because a profitable or else 25% for savings and 50% for investing of bitcoin and 25% for thier expenses we must budgeting how to save money for the future .
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April 04, 2018, 06:23:17 PM
 #2657

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 believe that price will hit high points for sure; also it's logical that they don't sell it for current prices.
Moreover, after the bitcoin price rose to $20,000, everyone began to understand that if bitcoin was so expensive, then it can once again rise to this price and it has all the chances to cost even more. It is this hope for a price increase above $20,000 that pushes people to not sell their bitcoin and just wait

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April 04, 2018, 06:31:42 PM
 #2658

is very rewarding because when bitcoin prices soar they will sell their coins and they will earn a sizable profit
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April 04, 2018, 06:36:07 PM
 #2659

You can get really big benefit from saving for a long time, for example, when someone started save it 3years ago, he have a really big profit now, so you know - all the people, who do it, have profit now.

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April 04, 2018, 06:36:14 PM
 #2660

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Reading this topic a year after its publication, I understand that in a year someone will read our correspondence today and think how the bitcoin cheap then cost. Just as we are now thinking about how in March 2017 the bitcoin was cheap. In my opinion, everyone understands the answer to the question of the author of this topic? Naturally, those who collect and multiply bitcoin will become richer with time.
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