ParveZ219 (OP)
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November 28, 2017, 08:06:22 AM |
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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?
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WhichIsGood
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November 28, 2017, 08:40:35 AM Last edit: November 28, 2017, 08:51:14 AM by WhichIsGood |
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This is not a problem for the believers of bitcoin. For sure the value of bitcoin will only rise as more and more people will become interested in it. Some might be even "hodling" from the start when bitcoin was introduced. The real question is, How long can you hold? Because at some point, you will have to use it right? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Wyne
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November 28, 2017, 09:16:51 AM |
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This is not a problem for the believers of bitcoin. For sure the value of bitcoin will only rise as more and more people will become interested in it. Some might be even "hodling" from the start when bitcoin was introduced. The real question is, How long can you hold? Because at some point, you will have to use it right? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes, I agree that the value of bitcoin will continually increase if more people will become interested on it. With the increasing value of bitcoin, many bitcoin holders want to hold it but unfortunately, some people tempted to sell it or withdraw it when its value hit the highest price not knowing that after many days its value become much higher. Personally, I want to hold all my bitcoins but sometimes, due to unexpected circumstances and expenses, I need to withdraw and use it.
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Tadblt
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November 28, 2017, 09:22:24 AM |
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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 is what almost all of us are doing, we keep our bitcoins like an asset so the supply is decreasing and the demands are increasing. We may not see bitcoin fall in 2018 because of the rapid growth of the community and users. We will be rich doing nothing, we dont need to day trade cause the price keeps increasing.
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ZainSpider
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November 28, 2017, 09:27:04 AM |
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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.
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aoluain
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November 28, 2017, 09:31:37 AM |
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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?
nothing new in what you are "proposing" because almost everyone is doing this as it is. Bitcoin is used less and less as a currency and more and more as an investment. now if you are proposing everyone to literally hold bitcoin it wouldnt work, there has to be a degree of trade in order for the value to rise and/or fall. this applies to anything
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notthematrix
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November 28, 2017, 09:32:24 AM |
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That would be very risky, with the Bitcoin possibility to be replaced by the bitcoin cash, imagine you save 40 000 and the bitcoin then fall to 1000 dollars, it becomes 4000 dollars
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levvv
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November 28, 2017, 09:35:42 AM |
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i think its called bitcoin investing ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) if you thinks bitcoin's rate will increase in the future, then its okay to saving Bitcoin
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gatti
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November 28, 2017, 09:36:33 AM |
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This is not a problem for the believers of bitcoin. For sure the value of bitcoin will only rise as more and more people will become interested in it. Some might be even "hodling" from the start when bitcoin was introduced. The real question is, How long can you hold? Because at some point, you will have to use it right? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes, I agree that the value of bitcoin will continually increase if more people will become interested on it. With the increasing value of bitcoin, many bitcoin holders want to hold it but unfortunately, some people tempted to sell it or withdraw it when its value hit the highest price not knowing that after many days its value become much higher. Personally, I want to hold all my bitcoins but sometimes, due to unexpected circumstances and expenses, I need to withdraw and use it. Bitcoin saving is the best opinion for the profit.Instead of investing you can save your bitcoin.Before take a deduction to save your bitcoin,you can see the price raise of bitcoin before this week and current week.You can save your bitcoin in a wallet.
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sozvdhua
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November 28, 2017, 09:43:50 AM |
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This is not a problem for the believers of bitcoin. For sure the value of bitcoin will only rise as more and more people will become interested in it. Some might be even "hodling" from the start when bitcoin was introduced. The real question is, How long can you hold? Because at some point, you will have to use it right? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes, I agree that the value of bitcoin will continually increase if more people will become interested on it. With the increasing value of bitcoin, many bitcoin holders want to hold it but unfortunately, some people tempted to sell it or withdraw it when its value hit the highest price not knowing that after many days its value become much higher. Personally, I want to hold all my bitcoins but sometimes, due to unexpected circumstances and expenses, I need to withdraw and use it. However, as far as the current bitcoin price is concerned, there are people who resist the temptation, after all, the price of a bitcoin can buy a regular car
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notthematrix
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November 28, 2017, 09:48:19 AM |
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i think its called bitcoin investing ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) if you thinks bitcoin's rate will increase in the future, then its okay to saving Bitcoin No it's not okay, it's silly to save on a value so unstable, unless you dont care about your savings
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chickenado
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November 28, 2017, 10:03:53 AM |
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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?
Most people hodl their bitcoin and wait till prices hit to the highest or to what they aim to their target price and sell.Though youre telling to keep bitcoin for a long time but there are circumstances that some people sell in regards to their needs financially most especially this moment have the highest price and will continue to rise this peak season possible many holders will sell their bitcoins.
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Thirdspace
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November 28, 2017, 10:34:22 AM |
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soon or later a few people who have good amount of BTC will cash out their BTC savings, and crash the market but as we know it will go back up in time at the speed of numbers of people believe in it I think it's good to convert your BTC to fiat at any given time for any reason you have it could be just for leisure or diversify your investment portfolio full throttle saving is not a good idea, you should enjoy your life with your hard earned money and when the crash happened you can reinvest you money back to BTC, balancing your portfolio
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crzy
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November 28, 2017, 10:38:49 AM |
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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?
Saving bitcoin is really good for long term goal it allows your money grow over time however you have to control your emotion in order for you yo succeed because as the price of bitcoin continues to soar high your temptation can make you sold your bitcoin, so focus on your goal.
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batang_bitcoin
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November 28, 2017, 10:46:56 AM |
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How about only earning Bitcoin and not using them?
You'll treat it as savings right? Much better if you'll do that and use the other source of your income and just treat bitcoin as something that you can't use for now. And when you come back to it next year or with future years you are already rich. I think the price of Bitcoin will gain much more value.
It will. So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?
True, this is what I'm doing right now and still believing with it.
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Rent this sig space so that BTC goes to $100k.
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LogitechMouse
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November 28, 2017, 11:52:57 AM |
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If you believe in bitcoin and you don't want to use it in trading then earn and hold is the best strategy you can use. Long term is the best because many believe that the price of bitcoin will increase in the next years.
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salihno71
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November 28, 2017, 11:59:20 AM |
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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?
Many people (myself included) believe the price will keep on climbing for quite some time. But there is no guarantee on that. If you want to maximize your profits, you have to keep constant watch over the price movement and react on time if things start to go south. And even then it can happen that you end up with losses. Earning and not using them would imply that this is surplus and this would be the good way to act - if you can afford it.
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Nawaytes
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November 28, 2017, 12:00:38 PM |
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I dont think it's a good idea. What do you mean about earn bitcoin and not using them? I think you wanna be a miner, and also we don't use bitcoin for trading right? If everybody became a miner and not using their bitcoin, how about the price? The price has depend on supply and demand, if there is no demand then bitcoin price will be down. To increase the price we need a marketplace and we need those people who want to buy bitcoin.
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Chanock
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November 28, 2017, 12:02:35 PM |
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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?
Yeah there are possibility to be rich in the future once you save your bitcoin now. As of now the price of bitcoin is still rising that why this is the right time to save your bitcoin and wait for the proper time.
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BitcoinPC
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November 28, 2017, 12:15:24 PM |
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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 also think about it, now the time has started to save the bitcoin than use it and sell it. I have decided to see the price gain value to save it for a long time and i must do it, because of i want to rich in future then i must save my bitcoins.
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