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Author Topic: bitcoin benefit of saving for a long time?  (Read 82237 times)
Codename23
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April 14, 2018, 02:01:14 PM
 #2721

Some people stores their bitcoin to save because they wait for the right time when the amount reach high amount. Also some are saving it so that if they need money because of any kind of emergency, they can get it from their bitcoin and do not  need to borrow from other people. And also it will make you feel at ease if you know that you still have money, stock in wallet.
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genset88
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April 14, 2018, 02:39:25 PM
 #2722

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 do not think it is possible to keep Bitcoin and take profits for a long time, given the current market situation. Bitcoin currency fluctuates at different rates; it can be said that this currency is trending with the home. Also, many believe that this currency is the savior and will change humanity.

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budz0425
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April 14, 2018, 02:48:20 PM
 #2723

Some people stores their bitcoin to save because they wait for the right time when the amount reach high amount. Also some are saving it so that if they need money because of any kind of emergency, they can get it from their bitcoin and do not  need to borrow from other people. And also it will make you feel at ease if you know that you still have money, stock in wallet.
It would be a good idea for those who don't have much time to do bitcoin trading  so saving would be enough to do so. Let us be inspire for those people who have save for a year or more that they have earn a lot from just simple holding.
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April 14, 2018, 03:13:11 PM
 #2724

It is expected that in the coming years or months, the price of BTC will increase. I hear many say that by the end of 2018 will be a time of price boom of the altcoin. So keep the BTC should not rush to sell. But in my opinion this is probably not true, as the market is too bleak. There is no reason why the BTC so high.
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April 14, 2018, 03:34:01 PM
 #2725

Those people who are bought bitcoin last few years ago and Until now they hold their bitcoin because they believe bitcoin is good to hold for few years or for longtime are earn a lot of money . Because for me better to hold bitcoin for longterm because this is the purpose of crearing this coin for longterm investment. But it depends to you if you think better to hold for short time only.
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April 15, 2018, 05:18:45 PM
 #2726

Many of us knows bitcoin for a long time has the capacity to save the bitcoin. For the reason they can be earned profit by hold and selling bitcoin. As the price is fluctuating even if below 8000$ it will rise again.

this moment is very suitable for earning on the difference in price. I'm not going to move away from bitcoins, but the current situation needs to be used for good.

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April 15, 2018, 06:05:03 PM
 #2727

I think yes may be bitcoin save for a long time if we believe it, if there's a believer there just a users and donators ,and I hope to save for a long time.
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April 15, 2018, 06:06:39 PM
 #2728

I think for this he is intended in the short-term perspective, he is not very profitable as for me
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April 15, 2018, 07:30:05 PM
 #2729

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

Come share your thoughts


yes bitcoin is a good potential to save a money because no one can steal your bitcoin. Its better to have a saving for a long time because the value of bitcoin will increase. when the price is become higher and higher thats the time you will make it convert into a cash. so that your money become double or tripple.
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April 15, 2018, 07:52:17 PM
 #2730

If we will have Bitcoin for a long-term savings then we can add inflation and make more money because Bitcoin prices will always be going up and adding more money to our money in the future.
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April 16, 2018, 04:14:42 AM
 #2731

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.
Yes to invest in bitcoin and hold for the long time will give you high profit and you will become very rich within few days, there are a lot of benefits for saving bitcoin as long time investment as when bitcoin was invested it was not that high in price but we time passed bitcoin got more and more famous which made the price go high and high, people use to save their bitcoin because it get more value with the time for holding and investing at very huge level.
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April 16, 2018, 04:17:32 AM
 #2732

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

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Many people store their bitcoin for a long time, because they say that they can get good profit from it when its price skyrocketed in the future.
Me, I am working to get bitcoin so that I can save it for my kids future.
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April 16, 2018, 04:28:56 AM
 #2733

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

Come share your thoughts

The reason they keep bitcoin longer is, so they can generate huge profits. I think it's very effective to make big profits and make it rich, but it has to be backed up with the user situation because if they just rely on bitcoin without having a steady job definitely bitcoin will be used for everyday needs and will not breed. but if you have a regular worker or a steady income, I'm sure bitcoin will multiply or multiply and will make them rich

 
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DarkIT
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April 16, 2018, 04:43:35 AM
 #2734

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 store their bitcoin for a long time, because they say that they can get good profit from it when its price skyrocketed in the future.
Me, I am working to get bitcoin so that I can save it for my kids future.
well, many people have felt that storing bitcoin for a long time can make a pretty good profit. it's just that we can not wait for that, in fact, when the price becomes dump, everyone thinks to sell it quickly. try to save for a long time, I've proven it.

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April 16, 2018, 04:46:30 AM
 #2735

Because people know that bitcoin is valuable, it is only by comparing potential and current market conditions. Both agree that the longer the time, the higher the price.

But I think bitcoin is volatile, as long as we can sell it when we think the price is right.
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April 16, 2018, 05:09:28 AM
 #2736

I think because they know if bitcoin is valuable and can give a lots of profit by hold and selling bitcoin.
and bitcoin can make people be come rich.
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April 16, 2018, 05:20:43 AM
 #2737

In my opinion, because they believe the bitcoin price will increase in the long time. With a high price, automatically those who save for a long time, will generate big profits. A fairness if it is done by someone. I also hope the bitcoin will go up and hopefully more and more people are using bitcoin.
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April 16, 2018, 05:29:56 AM
 #2738

If you look at the prices of Crypto two years ago, I would had been disappointed in myself if I did not hold my earnings and spent it on things that are obsolete now.

Crypto can make you a lot of money, if you're lucky. But it's not like having the money in fiat where it won't just become more valuable.
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April 16, 2018, 07:00:12 AM
 #2739

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 in the time that the thought that has long seen the rating from 4 years ago until now is a very profitable appearance and bitcoin prospects the higher time to time but the traffic in each year there is a decrease of 100% to 50% at the beginning of the year to the middle the years of bitcoin traffic start rising up to 180 degrees and that's very profitable, now the profit is pretty big but looking at the bitcoin history is likely to experience a very drastic increase, and I remind again when many people who have bitcoin and just save and will result the bitcoin scarcity and the investor may switch to another coin, and I urge a bit of bitcoin to accelerate the bitcoin itself even though it increases slightly but will continue to rise so that the profits will be greater when the seller sells the bitcoin
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April 16, 2018, 11:03:19 AM
 #2740

Yes bitcoin has a big benefits when it saves for a long time that's always people say when you are a newbie in this kind of business that's why I keep my coins in my wallet for a long time it took almost 2 months right now. And I'm preparing myself for my big break to come this year as I see bitcoin starting to increase it's price right now.
A long term investment is a life time investment. This is true in the case of Bitcoin. Investing in the coin and holding it for long has been a strategy of the current Bitcoin billionaires. The Twins brother invested in the technology after suing Mark in 2009 and invested 10million dollars for $149 per coin. In the end of 2017, the value per coin was $20k. This is the fruit of long term investment.

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