bitcoin benefit of saving for a long time?

reyblack

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Quote from: Mapalast on April 17, 2018, 05:48:19 PM

why save bitcoin in a long time ? all must have the same reason, waiting until the price goes up higher than the current price. imagine if you bought bitcoin in 2011 and you keep it until now, maybe you have become rich. now people are still thinking like that, if we save bitcoin until 5 years again, maybe bitcoin price will rise higher. and we will get a lot of profit. just think of it like our savings over the next few years.

That's correct bitcoin rise so high as years pass by and i think it will continue to rise higher in the future. Holding bitcoin is good because we can rely at bitcoin the king of cryptocurrency and the most valuable of all cryptocoins. We must observe volatility that price may go up and down, i think it's good also if we sell some of bitcoin when the price reach so high at a minimum of 19000$. Maybe it's also good to observe the trend of bitcoin because it is really hard to predict the future, if the price is right and entertaining then i will go for it.

Mapalast

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why save bitcoin in a long time ? all must have the same reason, waiting until the price goes up higher than the current price. imagine if you bought bitcoin in 2011 and you keep it until now, maybe you have become rich. now people are still thinking like that, if we save bitcoin until 5 years again, maybe bitcoin price will rise higher. and we will get a lot of profit. just think of it like our savings over the next few years.

Rustamm

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Bitcoin lover!

Quote from: CROYA86 on March 11, 2017, 05:10:16 AM

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

Come share your thoughts

If you look at the price of bitcoin for each year, then its growth is quite impressive. Despite the fact that there have been problems with bitcoin recently, it still represents a certain interest for investors, as it is assumed that this year it should still grow well in price. Therefore, holding bitcoin should make good profits this year. However, it would be better to use its greater volatility and sell it at its price peaks and buy when its rate is significantly lowered. This will give a very decent extra profit.

Okrah

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Quote from: CROYA86 on March 11, 2017, 05:10:16 AM

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

Come share your thoughts

Not all saving the money in the Wallet can Benefit. Because when the price of coins decreases maybe your money will gone.

GreatBug

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Quote from: CROYA86 on March 11, 2017, 05:10:16 AM

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

Come share your thoughts

Just look in history of bitcoin, people who invested in it at the beggining could get so much profit in next years, for me investing in it even now make you able to earn even 4x more if you hold for a long time.

BitcoinPaw

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Saving bitcoin for a long time is coinflip game. When you are wating for a miracle it's dangerous because you never know what gonna happen. At my opinion better to sell bitcoin sometimes.

sgenuine

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Quote from: Tiger Junk on April 04, 2018, 05:59:03 PM

Quote from: Semar Mesem on April 03, 2018, 11:49:18 AM

Yes true, bitcoin is more profitable if we keep for a long time, and I hope that all bitcoin users do not panic when the price drops, it is a good opportunity to buy because we can get a cheap price.

Well if we will able to save our bitcoin for long time, there is no doubt that it can really give us a lot of money, and for me if we will able to hold it before 2018 will end, i am sure that we have a chance to be rich, just like what happend last december 2017, the value of bitcoin was pump to $19k.

Naturally, people are holding Bitcoin for the long time as they are waiting that the events that happened in December 2017 when BTC price jumped to the Moon would repeat.

paynercash

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Quote from: Codename23 on April 14, 2018, 09:01:14 AM

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.

But if saving Bitcoin for personal use I think not. Because Bitcoin is very risky, firstly, prices often fluctuate. Second, hackers are always a danger to Bitcoin holders. I think we only hold Bitcoin for investment purposes.

Ziskinberg

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Quote from: TheClownSong on April 16, 2018, 06:51:55 PM

Quote from: kisscoin on April 16, 2018, 06:33:17 AM

Those who keep their bitcoins will benefit in the long run. Bitcoin targets growth in price! Especially great benefit will receive or have already received those who bought bitcoins at the beginning!

Many people holding bitcoin because they hope bitcoin price will increasing like others investment. Anyone must be want to make profits on their investment and to make good profits from bitcoin is holding it for long term

That's the thing, but we cannot blame them to think that way because they have seen and witnessed how the value of bitcoin grows.
It's alright to think that way, being optimistic is good but they have to be realistic all the time and what is more important is they should not put everything.

TheClownSong

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Quote from: kisscoin on April 16, 2018, 06:33:17 AM

Those who keep their bitcoins will benefit in the long run. Bitcoin targets growth in price! Especially great benefit will receive or have already received those who bought bitcoins at the beginning!

Many people holding bitcoin because they hope bitcoin price will increasing like others investment. Anyone must be want to make profits on their investment and to make good profits from bitcoin is holding it for long term

thundercrystal

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Quote from: ?? on ??

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.

The benefits of saving bitcoin for long time is we are able to get high profit than selling it immediatley with a lower price, and saving bitcoin for long time can result a good price on bitcoin, if the price of bitcoin now is $8k by saving it for long time it can be more than $30k.

YNAGS Team

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In my humble - this is or becouse of fear that you can loose thrm, or becouse of the hope, that it will go to the moon again, lol

B{o}T

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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.

Pozitiw[4]ik

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Bitcoin benefit saving for a long time you must look at the price value of it gradually increases.Maybe one day it would be as high as we all know.

Norihiro

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It's very likely that it is so. Moreover, that looks like it's the best tactic for all decent currencies.

Muwatti

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You know that's good... Saving money for long time... It just like also you are saving money in the bank. In Bitcoin if it store in the wallet for a period of time especially if you didn't get it... It will surely earn a lots of profit just like our real money in the bank... But compare in bitcoin there are a lots of chances that you will earn here.... Just try to keep even a litle amount of btc in your wallet and surely it will double its value...

knight20

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Quote from: CROYA86 on March 11, 2017, 05:10:16 AM

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

Come share your thoughts

People are holding it for long time because trust bitcoin it will raise and dump up again. The benefits you get that if wait for long time and your profit increases for double of triple and best benefits of it because you wait for too long and it is worth it to wait.

Topaz72

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Quote from: cah ndablek on April 16, 2018, 08:17:09 AM

A person who is able to invest in long-term bitcoin would make it possible for them to succeed because the price movement is very fast and in the next few years bitcoin can peak.

Yeah price of bitcoin is increasing more and more so bitcoin should be bought right now by the investors. Bitcoin has a lot of benefits but we will have to wait till the price gets more than double, bitcoin is improving in price only because demand of bitcoin is increasing now. We can store a lot of bitcoin in our bitcoin wallet which will increase in price and at the end we will get profit from it, buy now and hold with patience is the key of success for bitcoin users, it will secure your future and your money will grow double with time.

bitllionaire

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Quote from: QuadeBarrier on April 16, 2018, 12:29:56 AM

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.

Saving long term is always benificial and 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 and still a lot of room is available on it.

And on the other hand Regarding news about bitcoin, according to experts, we should observe only a positive trend of bitcoin growth throughout this year. But there may be some moments related to the manipulation of whales and traders in the market by crypto currency. Then the price jumps are possible.

Saving bitcoin for a long time is no doubt too much beneficial, i think that those people who hare holding their bitcoins for a long time even now they can get a very good profit from it, I think that if they will continue holding their bitcoin for few more days i am sure that it will even give them much more profit. So we can say that in current time the best decision will be if we hold our bitcoin for a long time and do not sell it.

valentine401

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Quote from: CROYA86 on March 11, 2017, 05:10:16 AM

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

Come share your thoughts

Bitcoin is a digital currency and you can use it just like credit cards and the prices is keep on increasing in the market due to the demand of investors so we can say that bitcoin is really good for long term investment so always invest if you have a money to spare.

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