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Author Topic: Bitcoin saving.  (Read 4061 times)
Baofeng
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December 03, 2017, 03:19:23 AM
 #101

How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

I am definitely agree with you, Sir! I will not also spend my Bitcoins until the day comes that everybody will finally use it. I would be nice that we are the first once to be able to adapt that before everyone does.

Bitcoin can really be a store of value if you have patience to hold on it for many years. That is the problem with us right now. Since the price is going up, we are tempted to sell because if you are early investors or just casual who put just $700 to get 1 bitcoin beginning of the year, you can't help it but to think of selling it.

So if you can overcome your emotions not to take the profit today, then don't sell, its that simple. But for most of us, this is the right opportunity to get the profits too. Nothing is wrong with that.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Jigsawman082076
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December 03, 2017, 03:37:22 AM
 #102

I will be saving my bitcoin as long as I can and I will spend it some day if it's value will rise a little bit higher to it's current value today in the market, it's really good enjoy the fruit of your labors but don't spend it all right away. 50% of your savings should still be invested or must be in savings because we don't know what future holds for us.
Chachacoin17
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December 03, 2017, 03:39:20 AM
 #103

How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

I am definitely agree with you, Sir! I will not also spend my Bitcoins until the day comes that everybody will finally use it. I would be nice that we are the first once to be able to adapt that before everyone does.

Bitcoin can really be a store of value if you have patience to hold on it for many years. That is the problem with us right now. Since the price is going up, we are tempted to sell because if you are early investors or just casual who put just $700 to get 1 bitcoin beginning of the year, you can't help it but to think of selling it.

So if you can overcome your emotions not to take the profit today, then don't sell, its that simple. But for most of us, this is the right opportunity to get the profits too. Nothing is wrong with that.
Well bitcoin saving is really advisable from the start because bitcoin is really a good source of income specially to those who have big patience  on holding and waiting for the right time to sell.Saving bitcoin is really profitable because  of its unstable price that goes high and low tgat is why the oportunity of gaining through buy and sell is always there.
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December 03, 2017, 03:52:13 AM
 #104

How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

This is easy to those people who has partial investment in bitcoin. Because ever since, bitcoin is very popular of its own kind of volatility. It just rises and rises. But how about those who spent their full wealth in bitcoin, I think it's not a good idea to just sit right there and wait (though it might get you to profit). It is better to trade and hold. And I think it is hard to just store it, you might have needed to use it anyway right?
Habakkuk77
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December 03, 2017, 03:52:32 AM
 #105

That is a good decision.
Many are also holding bitcoins because they believe that the value of btc will continue to increase.
Holding bitcoin is not greediness but it is saving and it a wise thing to do. But be sure when you hold you have that attitude of being patient.

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Md Saad
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December 03, 2017, 03:57:34 AM
 #106

Lot of people are doing this and that's very safe and neat idea. Price will surely go rise. However many people like me are doing exchanges and earning bitcons fast. But sure that's risky.
Day by day Bitcoin is becoming a profitable currency and it's getting accepted on many online sources. not only that but also Bitcoin is considered as the most profitable platform staying at home. Bitcoin is mainly a lucrative source of income if someone can be able to be patient for a while. in future, Bitcoin will bring a lot of profit if they are holding Bitcoin for the future purpose.
Raju149
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December 03, 2017, 04:00:29 AM
 #107

Keeping bitcoin is a good idea, but when it requires someone to sell for  urgent needs. It has to be ṣe sold
CryptOliver
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December 03, 2017, 04:06:51 AM
 #108

if bitcoin keeps rising in the next 50 or 100 years, surely we will be lucky ... but if not certain otherwise. needs now at current prices.
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December 03, 2017, 04:09:28 AM
 #109

if bitcoin keeps rising in the next 50 or 100 years, surely we will be lucky ... but if not certain otherwise. needs now at current prices.
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December 03, 2017, 04:10:45 AM
 #110

How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

This is good for all of us but the main objective of bitcoin is decentralized its means not to own this currency and use it and let it circulate because of limited amount. but the percentage of circulation of this coin is only lower than 10% and the rest is in the hand of investors who did not realize the real use of bitcoin.
KevinHD
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December 03, 2017, 04:18:17 AM
 #111

I also save my bitcoin incase i lost some. It is still called investment because you transfer your money onto bitcoin yet not doing something to make it grow and just wait for its price to grow up. I do save, trade, and hold.
BlackRacerX
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December 03, 2017, 04:21:33 AM
 #112

How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

Honestly if you buy and hold, you get a lot of money from doing this. But you can get a lot more if you buy and buy and hold. Because the price of bitcoins don't normally go all the time so you'll always have to watch out for the price dips. Once the price dips, buy more bitcoins and continue holding.

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December 03, 2017, 04:38:47 AM
 #113

do not just enter your money into trading and investing to prevent the scam I want you to save money from bitcoin to hold you to make you big because the bitcoin is also the embodiment of others because you just hohold and you wait to increase its price so you do not have to struggle to get your money in risky because the bitcoin just gets you right away.
jlomabao@gmail.com
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December 03, 2017, 04:42:09 AM
 #114

How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

I have read articles that supports this idea. It is expected that the value of bitcoin is still going up in the next 5 years.
kingragnar
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December 03, 2017, 04:57:08 AM
 #115

I agree with that strategy that you just hold your bitcoin for the future. But they say they change the value of a bitcoin. The bitcoin is that we do not know how long it will last no matter what. So I'll make cash-out right away and at home I'll save money in this way I will keep the money I collect without fear of losing it.it's just in my perspective.
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December 03, 2017, 06:12:31 AM
 #116

That's holding (or in our words hodling). Yes, technically since there will be less supply in the market, buyers (who desperately want to buy Bitcoin) will be willing to pay the higher amount and it will boost the price of Bitcoin. However, I do try to spend my 50% of coins as I believe that movement is the growth and it empowers the bitcoin network. There is a huge role in the growth Bitcoin of the buyer who paid 10K BTC to buy a pizza at that time.
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December 03, 2017, 06:26:25 AM
 #117

Wisest decision will be to buy some bitcoins and hold it till all of the bitcoins gets mined. I am keeping a small share of bitcoins each week as my share towards my future investment.
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December 03, 2017, 06:31:52 AM
 #118

Wisest decision will be to buy some bitcoins and hold it till all of the bitcoins gets mined. I am keeping a small share of bitcoins each week as my share towards my future investment.

I don't think so,we have to spend or sell our bitcoins when a specific or goal value reached because I heard that last bitcoin will be mined in the year 2140,at that time we will be no more so we all have to set a goal price for our bitcoins to enjoy the profits from bitcoins or your hard earned money will become wothless.

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December 03, 2017, 06:35:13 AM
 #119

How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

That’s the perfect plan according to me because I’m the follower of same. I always keep up my earning into bitcoin form and guess what I did this since few months ago and the price is booming for it now. That’s the beauty of it actually and I earned and earning huge profits by that method.

Whenever I got payments from the signature campaign and twitter camping then I always saved this thing in my bitcoin form only and kept my greed of cashing it out aside for while. I now know that it was perfect to do and have already earned reward for it.

In the long terms it also benefits as zero investment plan. I mean what you invested is just your time and efforts into it to earn those satoshi. If someday (hope it doesn’t happen) bitcoin falls to lower value then it won’t be my loss or my investments loss at all. So yeah cool plan and go ahead with it.

 
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December 03, 2017, 06:57:09 AM
 #120

Well yeah it can.. it's a good idea, if seen so far until now.. it really proves bitcoin price could be profitable for the Bitcoin's savers. But still we need to look also behind everything, we still have to really observe the situation or price developments that can be influenced by various things / news, It can ensure the our profit later. And because sometime also somethings expect unexpected would be experienced.

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