Coffee_Lover
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Activity: 196
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Soycoin is the future "stablecoin"
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April 14, 2018, 07:06:24 AM |
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What else? They are waiting for the right time to sell their coins when the value is high. If you have bigger money/cryptocurrency, the higher the investment. I just knew this a couple of days back. I will add some more to my wallet so I can buy and sell my coins, cash it out when there is enough money..
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❍ soy coin ❍
❱❱UNIQUE BLOCKCHAIN CROWDSALE❰❰
FOR INDUSTRIAL PRODUCTION (http://www.soy-coin.com/eng) |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Sitipxz
Newbie
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Activity: 14
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April 14, 2018, 08:12:22 AM |
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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 there are only 21 million coins (about 16 mil mined so far) and there is 7.5 billion people in the world. with simple math with a very small portion of population adopting bitcoin you can figure out how much bitcoin will be worth in a couple of years (like 5 to 10 years). also looking back you can see bitcoin started from being traded at 10 cents and less and slowly and sometimes rapidly grew to be worth >$1100 today and it has not even slowed down overall! although i should add that just holding is not a good idea. you should spend something and see the benefits of spending bitcoin and i promise you that you will love it. also try services such as Gyft and Purse to get huge discounts and save up on lots of money. |
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Ghayoor
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April 14, 2018, 08:15:32 AM |
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it's obvious because bitcoin is good for saving or investing in the long run, because the bitcoin has a potential increase in a very good price in order to get a good profit
as long as you will keep bitcoin on hold so it can give you a very good profit i,m also holding bitcoin for a long time. |
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qwerty12
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April 14, 2018, 08:22:06 AM |
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maybe they invest long-term bitcoins, they believe it will generate huge profits. I think that makes sense, although no one can predict bitcoin prices.
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Captainfalkar
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April 14, 2018, 08:42:57 AM |
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Holding your Bitcoin is probably one of the most promising ways of making money from Bitcoin as Bitcoin grows at a very fast rate and saving and holding a large amount can earn you great returns.
Holding for more than can double or triple the value of your Bitcoin so save and hold as much as you can
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Galahad111
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April 14, 2018, 08:43:57 AM |
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it's obvious because bitcoin is good for saving or investing in the long run, because the bitcoin has a potential increase in a very good price in order to get a good profit
Yeah i think everyone one who is 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. |
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Pelevelyl
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April 14, 2018, 08:54:09 AM |
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it's obvious because bitcoin is good for saving or investing in the long run, because the bitcoin has a potential increase in a very good price in order to get a good profit
But the profit is potential, and the potential drop is also possible. That is, it is possible to earn and lose. |
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Natalim
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April 14, 2018, 09:27:42 AM |
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it's obvious because bitcoin is good for saving or investing in the long run, because the bitcoin has a potential increase in a very good price in order to get a good profit
Yeah i think everyone one who is 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. Saving bitcoin is actually an investment, because there is no guarantee on what will be the price in the volume, we may loss or be profitable and that is only depending on the performance of bitcoin the crypto world, hence we should always set the attitude to put an amount that we can afford to lose. |
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Cryptoproff
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Activity: 224
Merit: 10
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April 14, 2018, 09:32:17 AM |
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Some people chose to store and hold their bitcoins for many reasons. Some people doesn't need it as fiat yet so they chose to keep it in a secured wallet. Also, some people chose to hodl and keep their bitcoins in store because they are waiting for their desired amount for them to get a better profit.
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kimdomingo
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April 14, 2018, 09:32:36 AM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
I think one reason why some peopl store their bitcoin in their wallet for a long time is for them to save it and for them to stop themselves from spending. That is a good way to earn money. I do that too. I store my bitcoin in my wallet. |
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reyanshbasu
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April 14, 2018, 10:58:00 AM |
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I think people save their bitcoin for a long time to get a high value of it before they sell it. Even me, I will keep my bitcoin in my wallet to wait a high value and also for security, I don't like to hold cash better to have bitcoin.
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Yantoaja
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April 14, 2018, 11:00:23 AM |
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People store it when is price low or there is some dip since its price is highly unstable as bitcoin quite unstable. Its price over and over time changes drastically rendering people to earn some good profits. This is how they benefit from saving btc and selling them when market is at hike.
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Watashi Yamashita
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April 14, 2018, 11:21:59 AM |
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Bitcoin is volatile. Its price flies very high and expectedly drops down any moment, any time. People keep their bitcoins for a long time until it reach the higher price of it or the peek of increase in bitcoin. As it reach its peek, the people then will sell their bitcoins for a higher profit.
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Sroneshay
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April 14, 2018, 11:24:32 AM |
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Someone will make a profit on this market, and someone loss. This is a game where the winners are changed on a losers.
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Raufjoze
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April 14, 2018, 12:23:44 PM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
This question is for those people who is patient and willing to wait just for their future,. for sure those who are save their bitcoins will be rich in just a matter of time. goodluck If you look at long-term trends, if you hold long enough, the price will come back up again. Unless something very serious happens. What to do with anything? Of course, this is a very volatile currency, |
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pureheart
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April 14, 2018, 01:10:50 PM |
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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 as time goes by bitcoin price is getting higher. That's why many investors store their bitcoin in their wallet and wait to get profit in it . |
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tamarindbleu
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April 14, 2018, 01:12:58 PM
Last edit: April 16, 2018, 10:48:49 PM by tamarindbleu |
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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.
Almost all people here in cryptp is keep there bitcoin for long time because they know that thee value or the price of bitcoin can rise really high in the future, and people dont want to sell there bitcoin with a lower price because the future price of bitcoin can be more than $20k. |
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Goodday
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April 14, 2018, 01:16:15 PM |
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I think the longer you let the time duration go forward, the chances of getting a lot of Satoshi / bitcoin will get bigger.
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NyLymZbl
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April 14, 2018, 01:27:24 PM |
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The only bad thing to save is that you wont be able to grow your coins with time, something you can do if you do trading, and does expose your coins at some risk. The people wich bought bitcoins under 1000 dollars can already sell if havent with an amazing result, but why to sell something that all know and does speculate to keep growing all years, it just makes no sense, unless you need money.
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RoolBi
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April 14, 2018, 01:29:05 PM |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
This question is for those people who is patient and willing to wait just for their future,. for sure those who are save their bitcoins will be rich in just a matter of time. goodluck If you look at long-term trends, if you hold long enough, the price will come back up again. Unless something very serious happens. What to do with anything? Of course, this is a very volatile currency, If you are the person holding the bitcoin when it is priced 9k. And when the market goes down do you keep it? If it was me, I would not hold it. I will sell what I have so that I can buy it at a lower price. That's how I invested. |
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