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Author Topic: Bitcoin saving.  (Read 4134 times)
coinminerdotcom
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April 06, 2018, 05:54:03 PM
 #501

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?

Mining Bitcoin is still profitable and has been, picking up miners while they are currently cheap and it is a buyers market. Mine it while the difficulty is where it's at. Once BTC climbs again, you won't regret have it trickling in on a daily basis.

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cryptobike
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April 06, 2018, 06:04:01 PM
 #502

yeah i am fully agree with you
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April 06, 2018, 06:16:26 PM
 #503

absolutely right! Bitcoin is an excellent option for long-term investments. With this approach, someday you will become a rich man. Wink
 Only during the fall of bitcoin, do not look often in the blockfolio, or you will become rich and white-haired man. Grin

DonnieMitchel
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April 06, 2018, 06:18:36 PM
 #504

I agree!!!
I am saving too
Rakesh_alejandro
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April 06, 2018, 06:26:00 PM
 #505

bitcoin is an investment for the foreseeable future. And your goal is to make a profit. Saving bitcoin is an investment because of the increasingly high price of the day.


I think the price will definitely go up. However many people like me do exchange and get bitcons quickly. But sure it's risky.
Many people do this and it's a very unsafe idea
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April 06, 2018, 06:43:34 PM
 #506

bitcoin is an investment for the foreseeable future. And your goal is to make a profit. Saving bitcoin is an investment because of the increasingly high price of the day.


I think the price will definitely go up. However many people like me do exchange and get bitcons quickly. But sure it's risky.
Many people do this and it's a very unsafe idea
do not be too hasty to get bitcoin,we should always be relaxed and careful when it wants bitcoin transactions with other people.Whatever we do,we must be ready to accept that risk.
Quas09
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April 06, 2018, 06:49:51 PM
 #507

Yes, maybe. You have some point in your idea, but the right thing to do now is get bitcoin or buy bitcoin and then hold it for a long time, when the time comes and the price of bitcoin is getting higher, that is the right time to sell your bitcoins, and for sure you will get a huge profit! Smiley Good idea man! Smiley
IamSaitama
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April 06, 2018, 07:05:59 PM
 #508

Holding bitcoin as they were is a good idea but you should not stick on holding it because it is also possible for you to withdraw small amounts at times when bitcoin's value is high. Then use the withdrawn money as investment to bitcoin when its value is currently low. I think it would be smart to circulate your money.

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April 14, 2018, 09:11:44 AM
 #509

Saving bitcoin is like saving your last thousand of your peso coins in a secured wallet with password. It requires verifications to prevent losses.
Bitcoins that you save should take into account and make sure you keep the private details on it. In this case you will prevent your bitcoins away from the hackers
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April 14, 2018, 10:00:34 AM
 #510

While bitcoin is not accepted as a currency everywhere, we can not spend it, but only accumulate. But the time will come and we will have to use it as intended. Otherwise we'll hurt him.

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April 14, 2018, 10:02:10 AM
 #511

Holding bitcoin or saving bitcoin is so risky, but if you would like to hold it for a long time I think you will earn or have a huge profit from saving your bitcoin in your wallet.
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April 14, 2018, 03:15:49 PM
 #512

I think it's a good idea and makes sense, because it's a long-term investment. especially nowadays people who believe that bitcoin prices will rise in the following years.
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April 14, 2018, 03:28:17 PM
 #513

Redeem your Bitcoin at the highest price and buy Bitcoin at a low price. Although Bitcoin continues to increase then go for Ethereum and other Altcoin.

This is a great option for storing Bitcoin but if only sleeping in your wallet, although Bitcoin is not accepted as currency everywhere, we do not spend it, but just collect it.
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April 14, 2018, 05:53:28 PM
 #514

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?

It is good to save bitcoin and hold it. But if everyone like that, there will be no use for bitcoin to exist.
bitcoin is used by many peoples to trading, pay something, investing, etc.

bigbosma
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April 14, 2018, 08:45:02 PM
 #515

Now most people do - buy bitcoin and hold it as an investment, not using as a currency. And this is normal, as bitcoin is not yet accepted as a currency.

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April 15, 2018, 02:18:30 AM
 #516

With the increasing value of bitcoin, most people hold their bitcoin and wait till prices hit to the highest price and sell. I'm sure there are possibility to be rich in the future once you save your bitcoin now.
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April 15, 2018, 02:23:59 AM
 #517

Earning and saving for the future is one good strategy to gain profit, take it like a long term investment. Remember those people who actually kept and saved their Bitcoins years ago, they are the Millionaires or even Billionaires now. So take that as an inspiration so that you will be motivated to save more Bitcoins for a long term investment, surely it will pay off one day.
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April 15, 2018, 02:49:00 AM
 #518

most of us definitely do that, when we get a salary from following a signature campaign then some of the kits will exchange it with bitcoin and make it an asset. but everyone has a different level of need that sells its bitcoin to meet the needs of daily living.

Iacomus
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April 15, 2018, 02:49:56 AM
 #519

Yeah there's a high possibility that every people using bitcoin are saving their bitcoin neatly. I'm sure that there's a high chance that you will be rich in the future once you save your bitcoin.
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April 15, 2018, 02:58:43 AM
 #520

Yeah there's a high possibility that every people using bitcoin are saving their bitcoin neatly. I'm sure that there's a high chance that you will be rich in the future once you save your bitcoin.

The problem with this strategy is that if the exchange rates remain stable for a few years, then the investors will lose their patience and they will start dumping their coins. This will crash the exchange rates and once again, the survival of Bitcoin will be under threat.

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