bitcoin benefit of saving for a long time? - page 103.

Hutalar

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Quote from: Souldream on June 12, 2017, 07:17:26 PM

Quote from: CROYA86 on March 11, 2017, 06:10:16 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

Yes it is beneficial for us, many people believes that bitcoin will be more huge and it will increase its price more even. I am one of those people that are being hopeful. Saving and storing bitcoins will be one of the good long term investment for all the people.

I am also of your opinion because I also know that if we will keep our bitcoin for more longer then we will earn a good profit. In terms of long time investment in bitcoin I believe that more people will come to involve in bitcoin and if more will come then the demand of it will increase and the price will also increase and so our money will increase in value much more.

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Quote from: CROYA86 on March 11, 2017, 06:10:16 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

Yes it is beneficial for us, many people believes that bitcoin will be more huge and it will increase its price more even. I am one of those people that are being hopeful. Saving and storing bitcoins will be one of the good long term investment for all the people.

logicgate

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Quote from: Kisanaq on June 12, 2017, 09:19:31 AM

Yes I agree, bitcoin is a long-term investment that is most profitable, it is true that we can get more than 100% in a month but we can get 1000% in 5 years, I will choose for long term.

yes right Long term investment in bitcoin is very better way to increase you money is very fast if you invest money in bitcoin for the purpose of that you will not spend your money in needless things just you save your money for long time for the purpose of profit so if those person has want to that my money will increase he has to invest your money for long time in bitcoin and after one are 3 years his money will be increased to high amount of profit.

bouren

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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.

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Quote from: ladydark on June 12, 2017, 10:11:19 AM

Quote from: CROYA86 on March 11, 2017, 06:10:16 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

They just have started to save bitcoins just like gold.They save gold since it is a secured investment even though it does not give high profits.But they have started to save bitcoins because it gives them very huge returns but at the same time,it is also a secured investment since it works on a secured block chain system.

Those are looking about the gold's stability. But bitcoin has offered a lot of benefits rather than gold. We had volatility to make the price is really high in the future. the decentralized aspect of bitcoin has to be the main attention.

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Quote from: Himanshu111 on June 12, 2017, 09:09:18 AM

Holding your Bitcoin is probably one of the most promising ways of making money from Bitcoin as Bitcoin grows at a very fast rate and saving and holding a large amount can earn you great returns. Holding for more than can double or triple the value of your Bitcoin so save and hold as much as you can.

Sure, if you buy bitcoin at a low price and keep it for a long time, you will get a huge profit in the future because bitcoin is becoming more popular and widely used, it attracts many more new investors, that increases the value of bitcoin to very high. And if we combine between saving and investment in altcoin, we can make much more Bitcoin. Now is a good time to buy and hold Bitcoin, Bitcoin is always an ideal place to invest and just trust us and invest in it, we will not feel regret in the future.

megynacuna

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Quote from: Bacotan Bae on June 12, 2017, 04:20:21 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.

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Quote from: CROYA86 on March 11, 2017, 06:10:16 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

They just have started to save bitcoins just like gold.They save gold since it is a secured investment even though it does not give high profits.But they have started to save bitcoins because it gives them very huge returns but at the same time,it is also a secured investment since it works on a secured block chain system.

pecson134

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Given on how bitcoins fluctuates, I can say that saving bitcoins truly benefits one person. But be wary that the continuous increase in the value of bitcoins is not absolute and it could also possibly lead to deflation in a timely manner or worse abruptly. So there are still risk on saving bitcoins but now I can see no reason not to save a bitcoin at least.

nightxglow

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I think that's because well, as we know, the price of bitcoin increases again and again, and of course, selling bitcoin in the future, when the price is higher will gain us more profit. That's why people tend to save their bitcoin
And also, they store it so they have emergency money. So when they really in urgent and had no money, they can sell their bitcoin. It's like bitcoin become their saving.
People also store their bitcoin because they buy it for long term investment, and of course they keep it instead using it.
So, the benefit of saving bitcoin is usually because we can gain more profit when the price is higher

kidmodo

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I still believe that bitcoin prices will be higher, more than today, although many people are pessimistic but I still believe. See many countries that legalize bitcoin and sure will be many people who use it, I think it would be reasonable if the price will increase, so keep your bitcoin for enough time

krisnt80

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Bitcoin saving just works for those which bought at 600-700 dollars, buy bitcoin at the current value and hold isnt a bad step, knowing the value will keep growing, but doing thise you will end loosing the opportunity to grow the number of coins as the value.

ivanpoldark

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Quote

Although holding back for long periods of time will provide an advantage. But I'm sure very few users do that. Most of them use bitcoin for short-term investments

People really want to keep what they have in bitcoin untouched for a long long time. But new ico`s that take place looks very interesting, they accept investment in eth quite frequently. This forces to sell bitcoin for the possibility to earn more.

Kisanaq

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Yes I agree, bitcoin is a long-term investment that is most profitable, it is true that we can get more than 100% in a month but we can get 1000% in 5 years, I will choose for long term.

Himanshu111

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Holding your Bitcoin is probably one of the most promising ways of making money from Bitcoin as Bitcoin grows at a very fast rate and saving and holding a large amount can earn you great returns. Holding for more than can double or triple the value of your Bitcoin so save and hold as much as you can.

peter23

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Bitcoin benefit of saving for a long time? yes based on the blog that i read some people just proof it that if you just hold bitcoins for a long time you can earn benefits from it though it is a long time but they assure you that you will gain profits in holding bitcoins,

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Quote from: suryana on June 12, 2017, 04:34:01 AM

Quote from: Bacotan Bae on June 12, 2017, 04:20:21 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.

I think it isnt certain, if bitcoin rises to 100% every 3 months. Because there is no valid information or reference source for your statement. However, saving bitcoin for a long time i am also optimistic that its good investment action.

Whether it is optimistic or it doesn't saving in terms of bitcoin is always a profitable asset. Each and every people all around who have expertise knowledge in cryptocurrency has said that the price will peak high in the future. Thinking that in mind I have started to save it for a long time.

Xester

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Quote from: gabmen on June 12, 2017, 05:52:35 AM

Quote from: suryana on June 12, 2017, 04:34:01 AM

Quote from: Bacotan Bae on June 12, 2017, 04:20:21 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.

I think it isnt certain, if bitcoin rises to 100% every 3 months. Because there is no valid information or reference source for your statement. However, saving bitcoin for a long time i am also optimistic that its good investment action.

Indeed. The fluctuations of btc prices are not that easily predictable like when you say every three months. Definitely holding on to your btcs will see your capital grow considerably if done for a long time but try not to give yourself specific timeframes and it seldom comes true. Just be ready as if there will be a price pump its almost certain that we'll all know about it

Yes, I have the amount in my mind to withdraw my bitcoins. We do not know how long will it have to have its high price. We wish it would goes up but what if there would be a case that it makes it price drops. No way. But just having a timeframe and amount and just go on what your intuition said. Anyways, just keep on earning bitcoin and monitor its movement.

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Quote from: suryana on June 12, 2017, 04:34:01 AM

Quote from: Bacotan Bae on June 12, 2017, 04:20:21 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.

I think it isnt certain, if bitcoin rises to 100% every 3 months. Because there is no valid information or reference source for your statement. However, saving bitcoin for a long time i am also optimistic that its good investment action.

Indeed. The fluctuations of btc prices are not that easily predictable like when you say every three months. Definitely holding on to your btcs will see your capital grow considerably if done for a long time but try not to give yourself specific timeframes and it seldom comes true. Just be ready as if there will be a price pump its almost certain that we'll all know about it

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Quote from: Bacotan Bae on June 12, 2017, 04:20:21 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.

I think it isnt certain, if bitcoin rises to 100% every 3 months. Because there is no valid information or reference source for your statement. However, saving bitcoin for a long time i am also optimistic that its good investment action.

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