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Topic: bitcoin benefit of saving for a long time? - page 104. (Read 82307 times)

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

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Saving bitcoin in the wallet has a big benefits! it's because bitcoin value is unpredictable and pricing of each small amount have a big factor. One bitcoin from the fast is much big different in bitcoin now. If you notice the price hike of bitcoin is continuously nowadays this why people saving bitcoin in their wallet has much richer than to those person withdrawing bitcoin.
legendary
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It's been proven that those btc user who hold even not that much were expected to be richer than there are now before , holding it can be good savings but we can atill do trading and investing to make more from it.

Not by becoming rich but the noticeable value of hold bitcoins even just by a small fraction. BTC0.01 value on the past really have different value to what is BTC0.01 today.

Now by looking at past bitcoin prices, is there really a person who can still judge that bitcoin is not even worth to hold even by a few? Senseless thoughts if will based on the current bitcoin price.
sr. member
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Because savings in a long term is a holding in a long term, however as far as I can see on this things there is no
 Risk that I saw instead, it is very safe and you could have a chance to have a big savings or huge amount of bitcoin
When the right times come.

It's been proven that those btc user who hold even not that much were expected to be richer than there are now before , holding it can be good savings but we can atill do trading and investing to make more from it.
hero member
Activity: 1022
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Because savings in a long term is a holding in a long term, however as far as I can see on this things there is no
 Risk that I saw instead, it is very safe and you could have a chance to have a big savings or huge amount of bitcoin
When the right times come.
legendary
Activity: 2954
Merit: 1153
The only bad thing to save is that you wont be able to grow your coins with time, something you can do if you do trading, and does expose your coins at some risk. The people wich bought bitcoins under 1000 dollars can already sell if havent with an amazing result, but why to sell something that all know and does speculate to keep growing all years, it just makes no sense, unless you need money.

I agree that saving downside is the fixed amount but you are safe from risk of loses of your Bitcoin though the risk of losing value is still in there.  I am into trading the coins since it is better to take the risk and grow the coins than just letting it to raise its value.  Profits from trading can multiply the value of your holding .
sr. member
Activity: 286
Merit: 250
The only bad thing to save is that you wont be able to grow your coins with time, something you can do if you do trading, and does expose your coins at some risk. The people wich bought bitcoins under 1000 dollars can already sell if havent with an amazing result, but why to sell something that all know and does speculate to keep growing all years, it just makes no sense, unless you need money.
sr. member
Activity: 476
Merit: 250
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts



I think the benefit they get by storing bitcoin in the wallet is a safe investment.
And if bitcoin prices reach a climax, they can benefit from that investment.
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
hero member
Activity: 1274
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Yes saving a bitcoin for a long time can sure the benefits of you, it is obviously that bitcoin as of today is increasing its value though sometimes it decreases but it is usually increases right, so the question here is benefits of bitcoin by holding it for a long time, it can assure the benefits just keep holding them and time come you can sell it.
Thats right saving bitcoin for long time is more benefits because you can earn a lot of profit by keeping your bitcoin in your wallet. Because the price of bitcoin increasing daily and i believe everyear the price will increase more. So its better if you buy bitcoin now and hold it for few years and for sure you will earn a lot of profit after that. Times is gold invest now.
sr. member
Activity: 490
Merit: 250
Dont just save your btc. Try to invest it and you will be surprised how much interest you gained. Saving will just make your money rest and doing nothing in your wallet, unlike investing it there is a high possibility that it will even make your btc double or triple

Yes, the savings will not do anything useful, but the investments will be the right decision that will bring a good profit for the time period that has been pre-empted. Money should work.
Doing both would be better for your future rather than doing save or invest only. Just make sure you can manage both of them and keep focus with current market price. Because if you just do one of them, you won't get maximum profit later.


Make every opportunity available in bitcoin to gain profit, because sometimes there is just a chance to get it when the price up and down the time it is, but must be careful fear of getting caught, if for more safe I suggest play long term only
legendary
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts



I think the benefit they get by storing bitcoin in the wallet is a safe investment.
And if bitcoin prices reach a climax, they can benefit from that investment.
Of course users hold bitcoins and store bitcoins for long periods of time so they can get multiple benefits, but I myself am not sure if many people would be patient to withhold their bitcoin
hero member
Activity: 630
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Dont just save your btc. Try to invest it and you will be surprised how much interest you gained. Saving will just make your money rest and doing nothing in your wallet, unlike investing it there is a high possibility that it will even make your btc double or triple

Saving is not that bad dude. Saving is not only for rest your money but its also keep your money save. Investing not always make profit though, you also need to smart to choose your investment. Both saving and investing are good but i think saving have more benefit than investing.
saving money for a long time mean just devaluing it, with the passage of the time the vale of money is decreasing and therefore i will like to say that investment is the best option to save and keep you money valuable and increasing.
sr. member
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Yes saving a bitcoin for a long time can sure the benefits of you, it is obviously that bitcoin as of today is increasing its value though sometimes it decreases but it is usually increases right, so the question here is benefits of bitcoin by holding it for a long time, it can assure the benefits just keep holding them and time come you can sell it.
hero member
Activity: 700
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


One of the major problems I have with people storing their bitcoin for a long time is that it makes the price rise without anyone spending it.

When everyone stores BTC they are taking supply out of the bitcoin economy. When supply goes down and demand goes higher the price increases. we are seeing this happen daily. More and more people are legally able to buy btc in their countries but a lot of people are holding it.

Though this isn't a problem in that of itself, it is a good thing to have a store of value. But BTC would be more stable on price and have a steady rise if more people actually used it(instead of trading for profit on exchanges).
full member
Activity: 364
Merit: 102
bitcoin benefit of saving for a long time? yes it will bitcoin can provide what you want in the near future just make sure that you will buy bitcoins in its low value and in the near future you can just sit and relax because bitcoin value doesn't decreases it is always increase so and by that time the benefit that you want will fullfilled

Yes, bitcoin has good prospects for growth and you can safely keep it, in order to make a fantastic profit in the future.
newbie
Activity: 56
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bitcoin benefit of saving for a long time? yes it will bitcoin can provide what you want in the near future just make sure that you will buy bitcoins in its low value and in the near future you can just sit and relax because bitcoin value doesn't decreases it is always increase so and by that time the benefit that you want will fullfilled
hero member
Activity: 774
Merit: 500
Look ARROUND!
Dont just save your btc. Try to invest it and you will be surprised how much interest you gained. Saving will just make your money rest and doing nothing in your wallet, unlike investing it there is a high possibility that it will even make your btc double or triple

Yes, the savings will not do anything useful, but the investments will be the right decision that will bring a good profit for the time period that has been pre-empted. Money should work.
try to choose a good type of investment or you will lose all of your money. Investing is not an easy job which you need to focus and analyze many possibilities ahead. Moreover, there are many scammers out there and you need to be wise in order not to fall in their trap

Investments are very good for saving and multiplying money, but now there are really a lot of scams and you need to look carefully where you put money. It is also important not to place all savings in one cell.
It's pretty easy to avoid the scams going around in this forum. the reviews on the threads of whatever the person is offering allows people to see if there is a scam involved with the person or his business. There is a bunch of investment schemes on here that allow people to make more than double the amount of coins that thye deposit though.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
Dont just save your btc. Try to invest it and you will be surprised how much interest you gained. Saving will just make your money rest and doing nothing in your wallet, unlike investing it there is a high possibility that it will even make your btc double or triple

Yes, the savings will not do anything useful, but the investments will be the right decision that will bring a good profit for the time period that has been pre-empted. Money should work.
try to choose a good type of investment or you will lose all of your money. Investing is not an easy job which you need to focus and analyze many possibilities ahead. Moreover, there are many scammers out there and you need to be wise in order not to fall in their trap
- Investment is a very risky job but its profit can bring us is huge and actually if we do not carefully analyze and choose, we will lose a lot of money, even lose everything, especially online investment, this is the type of investment very easily scam. Saving bitcoin in the long run is good and the risk is not too great, we will still get a profit when the price of bitcoin increases, however, profit is low. I think we should also be combined with investments in trading altcoin, it will help us have more bitcoin
But too many person has used the ICO as a flip place to gain fast profit. I can say if those flippers are so mad to invest on the ico in this time. The investment will bring the more risk for us. The hodlers of bitcoin will less on the potential risk.
hero member
Activity: 1302
Merit: 503
Dont just save your btc. Try to invest it and you will be surprised how much interest you gained. Saving will just make your money rest and doing nothing in your wallet, unlike investing it there is a high possibility that it will even make your btc double or triple

Yes, the savings will not do anything useful, but the investments will be the right decision that will bring a good profit for the time period that has been pre-empted. Money should work.
try to choose a good type of investment or you will lose all of your money. Investing is not an easy job which you need to focus and analyze many possibilities ahead. Moreover, there are many scammers out there and you need to be wise in order not to fall in their trap
- Investment is a very risky job but its profit can bring us is huge and actually if we do not carefully analyze and choose, we will lose a lot of money, even lose everything, especially online investment, this is the type of investment very easily scam. Saving bitcoin in the long run is good and the risk is not too great, we will still get a profit when the price of bitcoin increases, however, profit is low. I think we should also be combined with investments in trading altcoin, it will help us have more bitcoin
full member
Activity: 476
Merit: 102
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts



These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

Many people stored their bitcoin in their wallet for a long time for investment purposes believing that as the time goes by, bitcoin value will rise its value then additional profit is expected.  Even some people believes its risky, I believe that its about proper understanding of  the deflation and inflation value of bitcoin. At the end of the day, you will realize that "its all worth the risk".
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