bitcoin benefit of saving for a long time? - page 100.

Teraboy

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Quote from: Anfisman on July 07, 2017, 07:24:21 AM

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 we have a lot of bitcoin it would be safer for us to keep it in the save wallet, This thing we do for our bitcoin is protected from hackers that can harm our bitcoin. But if we want to get more bitcoin, then we can invest it, of course this is risky, but sometimes we have to take the risk to get a larger bitcoin.

The more risk and you will be involved in the high return of the money for your invesment. Too many scammers in these days. I remember the slack already junked by the scammers try to scam everyone in the slack.

babsalt1975

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if there are any people who can tell us the benefit of storing bitcoins, then those who adopted bitcoin in its initial stages are better placed to explain. Imagine those days when bitcoin was trading at $10. If you decided and bought 100 btc, you could have spend $1,000 to buy them. If you kept in a cold wallet and you decide to sell them now, then you could reap $270,000 for 100btc. That is a clean $269,000 profit in a span of like four years.

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Quote from: Sled on July 07, 2017, 05:48:03 AM

Quote from: serjent05 on July 07, 2017, 02:01:58 AM

Quote from: goldcoinminer on July 07, 2017, 01:42:07 AM

Quote from: ethereumhunter on July 07, 2017, 12:51:29 AM

Quote from: zulkarnaen on July 06, 2017, 11:13:13 PM

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.

for the price now, i am sure that many people which keeping their bitcoin for a long time ago will have happy and they are surely makes a big profit. and since todays more people is interesting and want to investing their money in bitcoin, then i am sure that in future, the price will be increase more and bitcoin itself will help them to make money.

The profit that they earn is already big enough considering we have a good increase this year alone and will continue to increase.
People who invested especially those who hold longer deserves to have this good reward, they risk their money and bitcoin
is progressive so they deserve the reward.

I agree imagine how Bitcoin grows in just a short span of time. In less than a year those who invested in Bitcoin had already a profit of around 150%. This is a huge profit. Aside from that there is still a lot of room for bitcoin price to increase since the market saturation is not yet met and country are starting to recognize Bitcoin as mode of payment or money.

That is true, there is a lot of country that thinking about fully adopting bitcoin to their country to make it as a mode of payment and also a money for buying goods and services in their country. Bitcoin is the future of the currency and we should be with bitcoin as early as possible so if the bitcoin will be on mainstream then that is the time when we are going to take profits.

I think bitcoin investment in the short term will bring us a very good profit but in the long run, I'm not sure bitcoin will also bring us the same profit as short term because the future of bitcoin is unpredictable. In addition, the price of bitcoin has increased so rapidly in recent years, that will create suspicions of users with Bitcoin, currently the price of bitcoin is about $ 2550, if it continues to increase in the future, I think that number will be very terrible. Inflation and money laundering will occur, and I do not think the government will let that happen, so in the long run, I fear the government will take measures to stop the development of bitcoin.

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Quote from: Sled on July 07, 2017, 08:30:11 AM

Quote from: Anfisman on July 07, 2017, 07:24:21 AM

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 we have a lot of bitcoin it would be safer for us to keep it in the save wallet, This thing we do for our bitcoin is protected from hackers that can harm our bitcoin. But if we want to get more bitcoin, then we can invest it, of course this is risky, but sometimes we have to take the risk to get a larger bitcoin.

It really depends on the need of a person, if a person wants to just keep their bitcoin for long term then having a secure wallet like hardware wallet or paper wallet is enough to secure your bitcoin or other cryptocurrency that you like to be safe. Investing bitcoin is a must for us bitcoin users because we can grow our bitcoin into a higher amount of bitcoin which will help us to attain bigger amount of money in the future.

As stated if it's a long term holding then there is no need of a panic around. Just as mentioned using a hardware wallet provides added security for our bitcoin holding. In reality even from the highly secured exchange websites bitcoins were stolen, so we need to be careful to keep it safe. Only then the profit is ours in the future.

Sled

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Quote from: Anfisman on July 07, 2017, 07:24:21 AM

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 we have a lot of bitcoin it would be safer for us to keep it in the save wallet, This thing we do for our bitcoin is protected from hackers that can harm our bitcoin. But if we want to get more bitcoin, then we can invest it, of course this is risky, but sometimes we have to take the risk to get a larger bitcoin.

It really depends on the need of a person, if a person wants to just keep their bitcoin for long term then having a secure wallet like hardware wallet or paper wallet is enough to secure your bitcoin or other cryptocurrency that you like to be safe. Investing bitcoin is a must for us bitcoin users because we can grow our bitcoin into a higher amount of bitcoin which will help us to attain bigger amount of money in the future.

Anfisman

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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

If we have a lot of bitcoin it would be safer for us to keep it in the save wallet, This thing we do for our bitcoin is protected from hackers that can harm our bitcoin. But if we want to get more bitcoin, then we can invest it, of course this is risky, but sometimes we have to take the risk to get a larger bitcoin.

Sled

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Activity: 1680

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Bitcoin- in bullish time

Quote from: serjent05 on July 07, 2017, 02:01:58 AM

Quote from: goldcoinminer on July 07, 2017, 01:42:07 AM

Quote from: ethereumhunter on July 07, 2017, 12:51:29 AM

Quote from: zulkarnaen on July 06, 2017, 11:13:13 PM

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.

for the price now, i am sure that many people which keeping their bitcoin for a long time ago will have happy and they are surely makes a big profit. and since todays more people is interesting and want to investing their money in bitcoin, then i am sure that in future, the price will be increase more and bitcoin itself will help them to make money.

The profit that they earn is already big enough considering we have a good increase this year alone and will continue to increase.
People who invested especially those who hold longer deserves to have this good reward, they risk their money and bitcoin
is progressive so they deserve the reward.

I agree imagine how Bitcoin grows in just a short span of time. In less than a year those who invested in Bitcoin had already a profit of around 150%. This is a huge profit. Aside from that there is still a lot of room for bitcoin price to increase since the market saturation is not yet met and country are starting to recognize Bitcoin as mode of payment or money.

That is true, there is a lot of country that thinking about fully adopting bitcoin to their country to make it as a mode of payment and also a money for buying goods and services in their country. Bitcoin is the future of the currency and we should be with bitcoin as early as possible so if the bitcoin will be on mainstream then that is the time when we are going to take profits.

serjent05

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Quote from: goldcoinminer on July 07, 2017, 01:42:07 AM

Quote from: ethereumhunter on July 07, 2017, 12:51:29 AM

Quote from: zulkarnaen on July 06, 2017, 11:13:13 PM

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.

for the price now, i am sure that many people which keeping their bitcoin for a long time ago will have happy and they are surely makes a big profit. and since todays more people is interesting and want to investing their money in bitcoin, then i am sure that in future, the price will be increase more and bitcoin itself will help them to make money.

The profit that they earn is already big enough considering we have a good increase this year alone and will continue to increase.
People who invested especially those who hold longer deserves to have this good reward, they risk their money and bitcoin
is progressive so they deserve the reward.

I agree imagine how Bitcoin grows in just a short span of time. In less than a year those who invested in Bitcoin had already a profit of around 150%. This is a huge profit. Aside from that there is still a lot of room for bitcoin price to increase since the market saturation is not yet met and country are starting to recognize Bitcoin as mode of payment or money.

goldcoinminer

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Quote from: ethereumhunter on July 07, 2017, 12:51:29 AM

Quote from: zulkarnaen on July 06, 2017, 11:13:13 PM

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.

for the price now, i am sure that many people which keeping their bitcoin for a long time ago will have happy and they are surely makes a big profit. and since todays more people is interesting and want to investing their money in bitcoin, then i am sure that in future, the price will be increase more and bitcoin itself will help them to make money.

The profit that they earn is already big enough considering we have a good increase this year alone and will continue to increase.
People who invested especially those who hold longer deserves to have this good reward, they risk their money and bitcoin
is progressive so they deserve the reward.

ethereumhunter

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Quote from: zulkarnaen on July 06, 2017, 11:13:13 PM

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.

for the price now, i am sure that many people which keeping their bitcoin for a long time ago will have happy and they are surely makes a big profit. and since todays more people is interesting and want to investing their money in bitcoin, then i am sure that in future, the price will be increase more and bitcoin itself will help them to make money.

mrfreezeh

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Quote from: zulkarnaen on July 06, 2017, 11:13:13 PM

Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.

If your family has good economic conditions, buy some BTC and holding 1-5 years very easy with you. With poor people, holding long-term can't helps them, when the price have big breakdown, they will scared and can't keep calm you continue holding. Maybe sell all and take loss

syaripudin

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Try to think again what you will get by silencing bitcoin you have in a long time by doing nothing, but if you follow the trading of course you will get big advantage, but all that need strategy that telling that you do not get loss All the decisions are in your hands I just suggest you better follow the trading so that bitcoin you have will be more and more

zulkarnaen

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Indeed, investments in bitcoin have many advantages for both short and long term, but it would be nice if investments in bitcoin for long term this might be more profitable. Some of those who succeeded have kept bitcoin since bitcoin in launch and now they sell it with Get a bigger profit.

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Quote from: TitanGEL on July 06, 2017, 07:00:53 PM

Quote from: Savemore on July 06, 2017, 06:53:46 PM

Quote from: Tungsten-1 on July 06, 2017, 04:10:40 PM

Quote from: Paid Piper on July 05, 2017, 06:57:22 PM

Quote from: djimbim0 on July 05, 2017, 07:16:51 AM

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.

in fact i am also in favour of long term investment. in long term investment there are less chances to lose your money, and specally for those people who do not have experience in short term investment.

I am agree with you, those people who want that they don't lose your all money they need to invest their money for long time, because that is the biggest advantage of long term investment that we can not lose our all money rather than short term investment because in short term investment there are more possibility to lose their money.

Yeah you have a good point. Many people are afraid to invest their money to the bitcoin. They say that long term investment is very risky and they're very wrong. They don't have enough information about the long term investment.

That is the reason why many people doesn't have a good profit. They are afraid to invest their money to the bitcoin. They don't have a trust to the bitcoin. I prefer to the people who are afraid to long term investment is to have a trust to the bitcoin and invest their money to the bitcoin world.

They might not familiar yet on bitcoin once they tried ot even at those ico that happened only for a month and see that it will work and they will even earn a lot,they might think what more if they invested on lonh term investment they might try it too. For them to know it by themselves.

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Quote from: Savemore on July 06, 2017, 06:53:46 PM

Quote from: Tungsten-1 on July 06, 2017, 04:10:40 PM

Quote from: Paid Piper on July 05, 2017, 06:57:22 PM

Quote from: djimbim0 on July 05, 2017, 07:16:51 AM

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.

in fact i am also in favour of long term investment. in long term investment there are less chances to lose your money, and specally for those people who do not have experience in short term investment.

I am agree with you, those people who want that they don't lose your all money they need to invest their money for long time, because that is the biggest advantage of long term investment that we can not lose our all money rather than short term investment because in short term investment there are more possibility to lose their money.

Yeah you have a good point. Many people are afraid to invest their money to the bitcoin. They say that long term investment is very risky and they're very wrong. They don't have enough information about the long term investment.

That is the reason why many people doesn't have a good profit. They are afraid to invest their money to the bitcoin. They don't have a trust to the bitcoin. I prefer to the people who are afraid to long term investment is to have a trust to the bitcoin and invest their money to the bitcoin world.

Savemore

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Quote from: Tungsten-1 on July 06, 2017, 04:10:40 PM

Quote from: Paid Piper on July 05, 2017, 06:57:22 PM

Quote from: djimbim0 on July 05, 2017, 07:16:51 AM

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.

in fact i am also in favour of long term investment. in long term investment there are less chances to lose your money, and specally for those people who do not have experience in short term investment.

I am agree with you, those people who want that they don't lose your all money they need to invest their money for long time, because that is the biggest advantage of long term investment that we can not lose our all money rather than short term investment because in short term investment there are more possibility to lose their money.

Yeah you have a good point. Many people are afraid to invest their money to the bitcoin. They say that long term investment is very risky and they're very wrong. They don't have enough information about the long term investment.

FLoving

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Quote from: djimbim0 on July 05, 2017, 07:16:51 AM

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.

yes it is proved that if a person will have patience to keep his bitcoin for years then he will be millionaire as within year the price of bitcoin double up many times. Many people have earned a good profit from the beginning. Even in the previous year many people earned a lot of money with their storage of bitcoins.

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Quote from: Paid Piper on July 05, 2017, 06:57:22 PM

Quote from: djimbim0 on July 05, 2017, 07:16:51 AM

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.

in fact i am also in favour of long term investment. in long term investment there are less chances to lose your money, and specally for those people who do not have experience in short term investment.

I am agree with you, those people who want that they don't lose your all money they need to invest their money for long time, because that is the biggest advantage of long term investment that we can not lose our all money rather than short term investment because in short term investment there are more possibility to lose their money.

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Quote from: BingoDog on July 04, 2017, 11:06:23 AM

The longer the period you keep your bitcoins, the bigger profit, so it should be in practice. But it's not always so and depends also how long is that period. I think too long period is not good, it's better to set some goal within a year or two and try to achieve that otherwise you might get completely lost in calculation and maybe end with loss, not profit.

The longer you hold it the richer you get, that’s the simple rule with obviously no complications involved. Bitcoin is expected to reach to $3000 in the mid-2018 and of course more after that.

So, if you hold it you are definitely earning profit. But if you want to invest it in trading businesses online or online casinos like many people do, you may get double the bitcoins you had, at the end of the day. But of course if you are happy with what you got and don’t want any urgent money it’s best to hold on to your bitcoins.

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Quote from: crazycatwoman03 on July 06, 2017, 07:18:05 AM

Quote from: djimbim0 on July 05, 2017, 07:16:51 AM

Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.

This is right, with saving bitcoin's more people become millionaire. Saving is working because I have a friend and they have a bitcoin in year 2015 and that time the price is low. That time he is continuosly earn bitcoin, with their harworking they have a big profit. It is because of the bitcoin price, the benefits of being not stable of price is one reason why bitcoin have an advantages to other currency and why we become rich in the future.

Actually, with this great idea, people will encourage to use the bitcoin as investment. But I suggest that don't put all your money in bitcoin as investment cause many uses can bitcoin have like trading.

those people who have invested money in bitcoin for a long long ago, they are now millionaire. i think still bitcoin is giving good opportunity to invest money in bitcoin and get a good profit because investment in bitcoin is always profitable.

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