bitcoin benefit of saving for a long time? - page 102.

affandi

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Quote from: corroze on June 13, 2017, 11:20:27 AM

Maybe this is a good alternative to buying altcoin first and then exchanged with bitcoin after altcoin profit trading business. But I think buying bitcoin now also includes right time to invest with bitcoin of course in hope that next few years will be profitable.

Certainly very full of possibilities if you want to buy and store bitcoin in the current time ,, and I heard the info that developed countries like Japan had already adopted bitcoin, this is very possible bitcoin will continue to rise until the years to come. But of course for those who have substantial capital to buy bitcoin

I just give a few alternatives ,, hopefully it can be petrified for those who want to buy bitcoin but only have little capital

bitcoin31

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Saving bitcoin to your wallet for few years you can make a lot of profit for sure.

But it depends if the bitcoin pump or dump. Your lucky if after few years the price will increase more but what if they not increase wasting time.

Superzpay

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Quote from: skorupi17 on June 13, 2017, 01:35:25 PM

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

The primary benefit from holding your bitcoin is its price may increase over time. Bitcoin's historical tracks tells us that Bitcoin's price is going upward so just by holding it, we gain from it. Bitcoin is just like an investment or being treated as investment. That is why people tend to hold bitcoin rather that spend it.

For investors and Traders I will suggest to hold their bitcoins for a longer period but if some people will also use it for their needs then it is also very beneficial for bitcoin because with it the price of Bitcoin will also increase as the demand of it will increase if the market will use bitcoin for their purpose.

Question123

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For me saving bitcoin in tjeir wallet for long time is they have possible that they earn earn a lot of money or profit. But if you hold your bitcoin for short time you have chance to earn little profit. Both short term and longterm is good because you can earn profit. And this both have disadvantages and advantages. But you need some patience if you want profit.

skorupi17

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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

The primary benefit from holding your bitcoin is its price may increase over time. Bitcoin's historical tracks tells us that Bitcoin's price is going upward so just by holding it, we gain from it. Bitcoin is just like an investment or being treated as investment. That is why people tend to hold bitcoin rather that spend it.

flower1024

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Quote from: akar87 on June 13, 2017, 01:22:12 PM

Quote from: kpcian on June 13, 2017, 12:27:56 PM

Of course, Bitcoin should be kept for the future purpose, it will bring much benefit than today, basically investment should be kept for the long time.
Bitcoin is getting valuable and acceptable across the people and community so the price is going to be more. In this way, Bitcoin investment will bring out handsome amount of profit...

And i agree with you. That investment is longterm. With limited supply bitcoin, of course this will potentially make bitcoin very valuable in the future.

Yes if the supply is limited then automatically the bitcoin demand will increase, and the price also increase. Now bitcoin miners all switching to altcoin mining because it will take more time to mine and the earning also not good. So the bitcoin supply will reduce, and the price will increase. Saving bitcoins will give you more benefits in future.

akar87

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Quote from: kpcian on June 13, 2017, 12:27:56 PM

Of course, Bitcoin should be kept for the future purpose, it will bring much benefit than today, basically investment should be kept for the long time.
Bitcoin is getting valuable and acceptable across the people and community so the price is going to be more. In this way, Bitcoin investment will bring out handsome amount of profit...

And i agree with you. That investment is longterm. With limited supply bitcoin, of course this will potentially make bitcoin very valuable in the future.

kpcian

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Of course, Bitcoin should be kept for the future purpose, it will bring much benefit than today, basically investment should be kept for the long time.
Bitcoin is getting valuable and acceptable across the people and community so the price is going to be more. In this way, Bitcoin investment will bring out handsome amount of profit...

jc89

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Some people tend to hold the Bitcoin/s they possess and do not even touch them for a while. They always believe that the price of Bitcoin will soar up someday and when that time comes, they will be ready to sell their coins and they will gain bigger profit from that. Bitcoin has become an investment to some people (maybe most of the users?) and having this mentality would result to this kind of action which is to hold for a long time.

corroze

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Maybe this is a good alternative to buying altcoin first and then exchanged with bitcoin after altcoin profit trading business. But I think buying bitcoin now also includes right time to invest with bitcoin of course in hope that next few years will be profitable.

affandi

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Quote from: kidmodo on June 13, 2017, 09:03:12 AM

History has proved that saving bitcoin for a long time will make you rich, very rich, because bitcoin prices are so high. I believe the next few years the bitcoin price increase trend will be the same, to the moon

For those who have been storing bitcoin since the years yesterday is already visible profit now. But what about the new want to buy now ?? Is it still possible to buy lots of bitcoin? !! While the price has soared

Perhaps as an alternative, most of them will buy altcoin first then exchange for bitcoin, which, of course, after profiting from the purchase of the altcoin

kidmodo

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History has proved that saving bitcoin for a long time will make you rich, very rich, because bitcoin prices are so high. I believe the next few years the bitcoin price increase trend will be the same, to the moon

asriloni

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Quote from: bouren on June 12, 2017, 10:12:06 AM

In my views liberty to hold bitcoin is bigger reason than volatility why people hold bitcoin. Isn't drugs worth high or equity shares. But all these come under binding of law. But no one gonna ask you how much bitcoin you holding, how you got that much or too pay taxes on bitcoin. As a result there is increased interest towards bitcoin so is its price increasing.

The volatility of bitcoin makes the price is really possible to get increase everytime. That means the volatility gives more benefit to the holder. the more demand will bring the more money to the bitcoin and the amount will divided into a little part and make bitcoin rarely.

nethan1btc

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Quote from: flipstyle on June 12, 2017, 10:25:49 PM

Yeah it will surely benefit you if you can save it for a long time as price keeps on going higher and higher so if you manage to save them for next few years then it can bring best profits for you.

That's true you can keep the amounts you have in your wallet and if you patiently waited the price value to strike higher for a long time, you can earn good profit from that investments. Unlike with fiat money if save it in your personal pocket, you could not appreciate the goodness behind that amount to increase it's value; unlike with digital currency price value will rise higher. Long term saving will benefit you most of the time as you motivate yourself gaining profitable source of income.

BossMacko

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Quote from: madwica on June 13, 2017, 03:12:34 AM

Quote from: rikybrosh on June 13, 2017, 03:07:22 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

Of course, we can see the increasing price of bitcoin in this year is really significant. I am sure that more country will accept bitcoin. A lot of young people who know about bitcoin.

There is no perfect time to save bitcoin even you are young or old you could make a profit if you save more bitcoin in the future, if you are old you can transfer it to your young generation and continue what are you doing.

I agree, as long as Bitcoin will not become dead in the future your investment with Bitcoin can be pass to your next generation if you become old and you don't need the money. You'll not benefit but for sure your children or grandchildren will benefit because as we all know Bitcoin price was never been stable and it keeps going up.

madwica

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Quote from: rikybrosh on June 13, 2017, 03:07:22 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

Of course, we can see the increasing price of bitcoin in this year is really significant. I am sure that more country will accept bitcoin. A lot of young people who know about bitcoin.

There is no perfect time to save bitcoin even you are young or old you could make a profit if you save more bitcoin in the future, if you are old you can transfer it to your young generation and continue what are you doing.

rikybrosh

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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

Of course, we can see the increasing price of bitcoin in this year is really significant. I am sure that more country will accept bitcoin. A lot of young people who know about bitcoin.

Ahimoth

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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

Buy 1btc, save them for a long time and you will see the difference. Saving bitçoin for a long time and when the price is getting high sell it. As bitcoin a currency it will always inflates. You can also try to save the 75℅ of it and the remaining 25% of your 1btc you can trade them or gamble it. It will grow as your remaining bitcoin is save.

flipstyle

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Yeah it will surely benefit you if you can save it for a long time as price keeps on going higher and higher so if you manage to save them for next few years then it can bring best profits for you.

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Quote from: megynacuna on June 12, 2017, 09:19:32 AM

Quote from: Bacotan Bae on June 12, 2017, 03:20:21 AM

I prefer the intermediate-term investment is bitcoin (over 3 months) because the price will skyrocket after 3 months and usually rises to 100% every 3 months.

Well don't deceive yourself the rate of increments in Bitcoin prices are not fixed with respect to time. It just happened by chance that for the past few months you've noticed that trend but bear in mind it will not be this way forever and so before you invest I will advice that you understand all the dynamics in the cryptocurrency market before you rue in disappointment afterwards.

Yeah, for the past few months it's been a very fast bitcoin increase, and that's a lot of great benefits for those who keep their bitcoin from a few months before, it's also true that this way can not be made as a reference but because so far it may still provide benefits so still In use

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