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Author Topic: bitcoin benefit of saving for a long time?  (Read 82329 times)
Tungsten-1
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April 04, 2018, 08:09:36 PM
 #2661

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.
Indeed it is profit to hold your bitcoin for long time as bitcoin is full of profit if you hold it with a lot of patience. Price of bitcoin use to increase and decrease but we will have to understand the time of holding and the time of selling, most of the time people hold bitcoin at the time of low price and they sell at high, so patience makes your profit very high, gradually price of bitcoin is increasing don’t sell it, wait and you will see how high your bitcoin will grow within few months.
Tiger Junk
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April 04, 2018, 10:59:03 PM
 #2662

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.
Well if we will able to save our bitcoin for long time, there is no doubt that it can really give us a lot of money, and for me if we will able to hold it before 2018 will end, i am sure that we have a chance to be rich, just like what happend last december 2017, the value of bitcoin  was pump to $19k.
Quarantine34
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April 05, 2018, 09:11:22 AM
 #2663

The benefit of bitcoin saving for a long time is you will sell it in the right time, right place, right decision, right price. If you store your bitcoin in a long time, you can decide if you will hold it or sell it. Smiley
liivii
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April 05, 2018, 09:20:19 AM
 #2664

We all know that bitcoin price is volatile and so unpredictable so holding bitcoin for a long time can give you only two result, it's either you win by having the price double or more over or lose because of the price drop. For me the benefit of the saving is the experience you gain from that situation weather you lose or you win, and from that you will have the more knowledge on how to play the market of crypto currency. There are many bitcoin holder who benefits nowadays but all of them have different journey and results so you better find it by yourself.
rejekinomplok99
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April 05, 2018, 09:36:13 AM
 #2665

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

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Offcourse I get benefit from bitcoin. In My opinion, bitcoin is investing for along therm, because by seiing fluctiations now, bitcoit get alot benefit when you hold untul the price high
jaaeeeyyyy
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April 05, 2018, 11:01:51 AM
 #2666

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.
Bitcoin although a lot of people may argue is a good long-term investment since the profits you could potentially gain in the industry is very high compared to other investments. The value of bitcoin although is very unstable is exponentially rising with every passing year so this brought me to the conclusion that bitcoin is a good long-term investment. You would gain tremendous amounts of profits.
sangungaji
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April 05, 2018, 11:24:51 AM
 #2667

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

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by seeing fluctuations of the bitcoin prices, I think bitcoin for along therm investing.
Tiktik
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April 06, 2018, 06:56:03 PM
 #2668

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

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people store their bitcoin in their wallet for long time because they are believing that the price will rise. almost all of us buying bitcoin if the bitcoin price low then store on the wallets after the depreciation of the price or f the price is rising we will exchange it for good you earn profit from it just like an investment in a bank you put your money in the bank the you let it grow by the time past by the money will grow it is big enough you will withdraw it you earn profit by just putting your money on your wallet and then wait until the price gets high.
Crazygreek
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April 06, 2018, 07:32:23 PM
 #2669

From one side it's smart decision but from the other you never know what gonna happen with bitcoin in 2 days but you want to make this investment for years, lame.

Greenkarki
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April 08, 2018, 06:55:43 AM
 #2670

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.

Saving bitcoin for long time will give you more benefits rather than short time. Because the price of bitcoin is very low now. So this is the best time to buy bitcoin. Hold that bitcoin for long time, because the price will rise again with tremendous growth. Save the bitcoin for future it will give you more and more profit than invest. Many people are now ready to invest in bitcoin for future.

xDsoGood
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April 08, 2018, 08:02:36 AM
 #2671

The benefit of saving bitcoin for a long time is when bitcoin pumps or let's say a sudden increase of value. You can get a bigger profit than other altcoins or coins here in yhe crypto currency. The value of bitcoin is very volatile. The value of bitcoin is always decreasing by the first up to second quarter of the year then it will regaim it's high value by the last month or maybe just the beginning of the last quarter.
kuckong
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April 08, 2018, 08:30:24 AM
 #2672

of course because they want to gain the maximum profit they keep bitcoin in a long time waiting for bitcoin prices high from the price they buy.bitcoin is a good digital currency for investment tool but remember invest always have risk.we must be angel investors who sincere funds on the business and ready to lose.

newbie-hero
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April 13, 2018, 10:02:40 AM
 #2673

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.

Many guys are still in a hurry to sell Bitcoins and get at least the smallest benefit as they are scared by the market volatility. Personally, I am holding my BTC.
jona
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April 13, 2018, 10:27:44 AM
 #2674

The bitcoin investment is not meant for impatient one or weak heads ,if you ca hold for a long time than you can benefit from a huge profit
icol333
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April 13, 2018, 11:29:23 AM
 #2675

A lot of people have already started to jump into cryptocurrency, and that means the demands of it is raising each day. And you can imagine it yourself how the price will go when there are a lot of people seeking for the crypto coins.
Gondwanaland
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April 13, 2018, 11:44:14 AM
 #2676

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 bitcoin value change everytime. So there's a big impact if we save the bitcoin. There is a negetive as well as a positive happens. If you save the bitcoin for a long time the good is there's a great profit thatvyou can earn because if the bitcoin price will increase yoir own bitcoin will increase too. But there's a bad thing if the bitcoin will decrease your own bitcoin will decrease too.

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Zelezinskyi
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April 13, 2018, 01:50:00 PM
 #2677

Precisely bitcoins has a big benefits for a long time, Bitcoins existence has limited numbers, Due to its popularity most of the people are craving to have a piece of it, the more people wants to obtain bitcoin the faster the value will stretch up. In a long run if you hold bitcoins as early as today,  The year comes bitcoin value will increase then that's the right time to sell.
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April 13, 2018, 01:52:21 PM
 #2678

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

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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 mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.
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geegaw
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April 13, 2018, 02:30:07 PM
 #2679

A lot of people have already started to jump into cryptocurrency, and that means the demands of it is raising each day. And you can imagine it yourself how the price will go when there are a lot of people seeking for the crypto coins.
Exactly, Bitcoin is receiving more and more attention every day, many new investors are starting to participate in this market, that means that they will invest and contribute some new capital into Bitcoin, of course the price of bitcoin will increase when many people want to own it. And if we accumulate a large amount of bitcoin, I can only say that we will be millionaires in the new age, or worse, we will also have a good life, it is a great benefit for saving Bitcoin, and I think most will fall into this situation because saving is very hard to have a large amount of bitcoin, so I suggest that everyone should think about investing more instead of just saving

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April 13, 2018, 02:34:19 PM
 #2680

It is sounds like good to all of us, but we cannot predict whether it is good to save our bitcoin now. We cannot either know what will happen for the next few days. Even today, bitcoin value goes high overnight, but from this morning it came down also. We should learn first what may happen over a long period of time.

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