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Topic: bitcoin benefit of saving for a long time? - page 106. (Read 82331 times)

sr. member
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The benifit of saving Bitcoin for a long time is that your investment will multiply many many times and it can turn out to be the best investment of your life. If Bitcoin continues to grow at this rate, it will reach 4000 by end of this year.
sr. member
Activity: 434
Merit: 250
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

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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.
hero 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

The reason why it is better to store your bitcoin for a long time because it is less risky compared to online transaction. And yet, I think because as we experience bitcoins price is became high day by day so there's a possibility that its value became enormous in the near future.

Very well said.  I agree that storing our bitcoins to our wallet is way better and much safer compared to other transaction.  And considering the high price of bitcoin right now, it is much better to keep it and wait for the continuous hiking of its price.  I will never withdraw or spent anynof my bitcoin from now on.
sr. member
Activity: 1666
Merit: 426
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 reason why it is better to store your bitcoin for a long time because it is less risky compared to online transaction. And yet, I think because as we experience bitcoins price is became high day by day so there's a possibility that its value became enormous in the near future.
full member
Activity: 182
Merit: 100
The benefits for a long time is you can earn big profit. Many benefits of bitcoin when we hold for the long term. And if we need of money in case of emergency we have something to get in our savings. In holding bitcoin it has a chance that the price is become high and we have an opportunity to sell  and use if the bitcoin is a high value. We cannot predict the price but its good to keep in long term our bitcoin because this is kind of investment. It don't need to hurry to sell our bitcoin because bitcoin is an investment and savings. The importance is we have a bitcoin for savings.
hero member
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Benefit of saving Bitcoin for a long time is obviously BIG PROFIT. If you are able to buy or hold Bitcoin in the past few months and sold today then you'll sure profit a lot. It is also good to buy or hold Bitcoin with the current price today but do not get panic because sooner or later big crash will happen. Another benefits of saving Bitcoin for a long time is if you need money to pay for something but you are out of money already then you have a Bitcoin to exchange for flat.
Long-term investments in bitcoin will definitely provide an advantage. The proof is currently I save my bitcoin from 2015 ago. And if I sell 2 years later (right now) I'm very much profit

That is one of the best type of investment that you can do with bitcoin, is just by buying bitcoin and holding it for years and wait for the price to pump up so you can have a lot of profit but it is not that easy because it requires patience and a lot of determination to be able to have a smooth savings of bitcoin and holdings for long term.

I agree though I don't know how high the pump would be now that we've already had a point when we've breached 2.5k. I previously was a bit skeptical about people saying that it's possible for bitcoin to reach 5 or 10k but having seen that good run the past week, whi knows what may happen
hero member
Activity: 1680
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Bitcoin- in bullish time
Benefit of saving Bitcoin for a long time is obviously BIG PROFIT. If you are able to buy or hold Bitcoin in the past few months and sold today then you'll sure profit a lot. It is also good to buy or hold Bitcoin with the current price today but do not get panic because sooner or later big crash will happen. Another benefits of saving Bitcoin for a long time is if you need money to pay for something but you are out of money already then you have a Bitcoin to exchange for flat.
Long-term investments in bitcoin will definitely provide an advantage. The proof is currently I save my bitcoin from 2015 ago. And if I sell 2 years later (right now) I'm very much profit

That is one of the best type of investment that you can do with bitcoin, is just by buying bitcoin and holding it for years and wait for the price to pump up so you can have a lot of profit but it is not that easy because it requires patience and a lot of determination to be able to have a smooth savings of bitcoin and holdings for long term.
legendary
Activity: 1372
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Benefit of saving Bitcoin for a long time is obviously BIG PROFIT. If you are able to buy or hold Bitcoin in the past few months and sold today then you'll sure profit a lot. It is also good to buy or hold Bitcoin with the current price today but do not get panic because sooner or later big crash will happen. Another benefits of saving Bitcoin for a long time is if you need money to pay for something but you are out of money already then you have a Bitcoin to exchange for flat.
Long-term investments in bitcoin will definitely provide an advantage. The proof is currently I save my bitcoin from 2015 ago. And if I sell 2 years later (right now) I'm very much profit
member
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Try to collect some funds > buy bitcoin >  keep holding on that bitcoin and then, when the right time come you can sell it on very high price that is the benifit of collecting and keeping some bitcoin now a days.
hero 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

What are my thoughts about saving bitcoin in our wallet? It was like a bank in storing or saving our money but the benefits in a wallet, you can access it anywhere with an internet connection. It will very worth it when saving our money or bitcoin rather today because the price will go up and reach the price that what we expected.

Save it for a good reason and it will result in a good interest.
hero member
Activity: 1680
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Bitcoin- in bullish time
Benefit of saving bitcoin for long term at price of something like 300 is what you are seeing now. But if you are to invest into bitcoin at current price, there will likely not be any future benefits. Its very hard to predict it going up now.
Bitcoin prices always tend to go up, all you need is a lot of bitcoin stock. There is always an advantage for those who are patient in the long term. Imagine if you keep the bitcoin you've had since 2015, maybe you've become a rich man by now. Well, but sometimes our estimates do not match what we think.
The price of bitcoin is always going up and if you ask me if this is a good buy then i can say that it's not because the price of bitcoin now seems like a bubble and the characteristic of bubble seems to pop anytime so it is better to just collect some fiat and be ready for the possible dump of the coins because of the possible correction for the price.
hero member
Activity: 1204
Merit: 500
Benefit of saving bitcoin for long term at price of something like 300 is what you are seeing now. But if you are to invest into bitcoin at current price, there will likely not be any future benefits. Its very hard to predict it going up now.
Bitcoin prices always tend to go up, all you need is a lot of bitcoin stock. There is always an advantage for those who are patient in the long term. Imagine if you keep the bitcoin you've had since 2015, maybe you've become a rich man by now. Well, but sometimes our estimates do not match what we think.
sr. member
Activity: 462
Merit: 250
Benefit of saving bitcoin for long term at price of something like 300 is what you are seeing now. But if you are to invest into bitcoin at current price, there will likely not be any future benefits. Its very hard to predict it going up now.
sr. member
Activity: 252
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


It's because they want a safe investment with little risk, because investing like this only takes time while waiting for prices to rise
hero member
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yes....!! everybody hold bitcoin their wallet because bitcoin price is more high in future.

Because if you will look at the past or history of bitcoin. Those early people that adopted bitcoin did hold their btc's up to now and for those who patiently waited the price to be at the peak, they are now millionaires and just enjoying their riches with it. It's proven that saving for a longer term will always be beneficial.
sr. member
Activity: 272
Merit: 250
If you manage to save bitcoins for a long time then it will definitely help you in positive way and will give you best returns on your investments in future so I am not spending my coins at a moment as I am sure that it will hold much higher value in future.
Although all users know that storing bitcoin in the long run will provide an advantage. But not all users can be patient to hold their bitcoins in the long run


That's true, that's why they will not also make money, that's how fair bitcoin is, it is only for people
who believe in it through good times and bad times.
So did I lol, I'm not the patient type. Moreover I have a lot of bills so I can not hold my bitcoin for too long. Although it will be profitable. But I will soon sell it because to pay for the need

hero member
Activity: 798
Merit: 500
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 its because holding it for a long time will get some more profit especially when the bitcoin price is increasing. I also store my bitcoin in my wallet because if save more money in holding that buying and selling it. I always wait for the time of its pump to get more profit and do double my bitcoin and every time it happen i convert it in Php money so that when bitcoin price get dump it will not affect my money anymore.
sr. member
Activity: 2226
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Buzz App - Spin wheel, farm rewards
yes....!! everybody hold bitcoin their wallet because bitcoin price is more high in future.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Of course it got benefit, most of the people store bitcoin as investment and because there are so many scammed investment, it is better just put your coin in your wallet and keep it safe and because bitcoin price is keep on rising so saving it for a long time is going to bring big profit for the holder


the big benefit saving bitcoin for long time in wallet is investment. the higher you invest for long period of time the higher you earn a profit.
why? because Bitcoin value is not stable in the market there are many time that the bitcoin value increase.
Once the value of bitcoin increase the result is high profit on your saving in btc wallet.

We can already see now,how those who save before benefiting alit from bitcoin huge increase. Saving long time can lead to a good result.
To be able to earn good profits or results in the future, holding bitcoin for long term or being a long term investor is the best thing to do. If you are not holding for long term then you are tend to lose your money in this investment because like now, the price of bitcoin is getting corrected and soon it will dump more so if you buy at a higher price then you just need to hold for the next year.
legendary
Activity: 1147
Merit: 1007
Of course it got benefit, most of the people store bitcoin as investment and because there are so many scammed investment, it is better just put your coin in your wallet and keep it safe and because bitcoin price is keep on rising so saving it for a long time is going to bring big profit for the holder


the big benefit saving bitcoin for long time in wallet is investment. the higher you invest for long period of time the higher you earn a profit.
why? because Bitcoin value is not stable in the market there are many time that the bitcoin value increase.
Once the value of bitcoin increase the result is high profit on your saving in btc wallet.

We can already see now,how those who save before benefiting alit from bitcoin huge increase. Saving long time can lead to a good result.
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