bitcoin benefit of saving for a long time? - page 107.

gracia0023

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Quote from: machinek20 on March 11, 2017, 07:17:08 AM

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.

KingdomHearts

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Quote from: yellow1 on May 26, 2017, 08:34:35 AM

Because bitcoin is good investment, if they keep bitcoin they will get someday a good profit and good value. Best for the future if need of money. It is safe to save a bitcoin that's why many people save for a long time. Savings for a long time is an investment, you don't need to worry the important is you own it and it helps you lot. Savings a bitcoin is good because it is possible the price is become high.

you are right that bitcoin is a good investment and maximum people invest their money in bitcoin and then hold it for the future for high price when price go to high value then they use their bitcoin bitcoin so save your bitcoins is very good for future.

arpon11

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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

I just read from reddit today a story of a guy using over 10bitcoin daily for drinking in 2010 and today he has not even single bitcoin again and he could not even afford it. My thoughts after reading his story was had it been he knows how to save all those bitcoin he wasted he could have be a billionaire today. It is far more benefits to save bitcoin, it value keep increasing every day.

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Quote from: legarde23 on May 26, 2017, 01:39:33 PM

Yes we will have our own benifits when we keep holding into our bitcoins just think about it yesterday bitcoins hits 2500$ no one expect that bitcoin will hit that amount as of today.
Try to keep some bitcoins and you'll see the benifit of it someday when the increasing value of it is unstopable.

Nobody can know what will happen in the future. Yes, we believe in the potential of bitcoin. But we must remember the risks. Keeping a long term is profitable, but you always need to monitor the price of bitcoin and news

legarde23

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Yes we will have our own benifits when we keep holding into our bitcoins just think about it yesterday bitcoins hits 2500$ no one expect that bitcoin will hit that amount as of today.
Try to keep some bitcoins and you'll see the benifit of it someday when the increasing value of it is unstopable.

stevano

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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

See now those who store their bitcoin in 3 weeks alone can already make a profit of almost 100% of the initial capital, that's the advantage they can be one of the bitcoin price is fluctuactive,

Do you dare keep your bitcoin in, a long time?

Armstand

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Quote from: yellow1 on May 26, 2017, 08:34:35 AM

Because bitcoin is good investment, if they keep bitcoin they will get someday a good profit and good value. Best for the future if need of money. It is safe to save a bitcoin that's why many people save for a long time. Savings for a long time is an investment, you don't need to worry the important is you own it and it helps you lot. Savings a bitcoin is good because it is possible the price is become high.

We all knew how good the progress of btc,how it can possibly increases in value and how it will be helpful in us soon . Like what others did and realize that patience and waiting works.

yellow1

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Because bitcoin is good investment, if they keep bitcoin they will get someday a good profit and good value. Best for the future if need of money. It is safe to save a bitcoin that's why many people save for a long time. Savings for a long time is an investment, you don't need to worry the important is you own it and it helps you lot. Savings a bitcoin is good because it is possible the price is become high.

Meowth05

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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

I guess they stored their bitcoin for a long time because there's a possiblity that their money became double since bitcoins price is keep growing. However, it is only applied on those who have quite amount of bitcoins.

findingthemoon

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Quote from: (o)(o)ilikeboobs(o)(o) on May 26, 2017, 12:26:01 AM

Quote from: Phyton76 on May 25, 2017, 11:21:49 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

These people have faith/believe in bitcoin as they can see how good its platform. They risk their investment for long term without doubting which is making them to feel overwhelmed as they currently see their decisions before was right.

Bitcoin is considered as a investment and if you go for long term then you can reap a very good profit.

Agreed, in the long term despite short term falls bitcoin will go up. It is an investment not a short term savings for most people, the same as when you save for your retirement you aren't expecting to touch that money for many years or decades.

Sled

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Quote from: Rasel5209 on May 26, 2017, 01:13:12 AM

btc price day by day increase . so people keep it and benefit.

That is the advantage of if you have bitcoins that bought from a lower price or if you have a source of bitcoin because you can keep it for long term and still gain profits from your holdings because the price of bitcoin is always pumping and it seems that it will reach up to $5,000 this year and that is one of the great news for the bitcoin holders so saving or keeping it for a long time is the best.

Rasel5209

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btc price day by day increase . so people keep it and benefit.

(o)(o)ilikeboobs(o)(o)

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Quote from: Phyton76 on May 25, 2017, 11:21:49 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

These people have faith/believe in bitcoin as they can see how good its platform. They risk their investment for long term without doubting which is making them to feel overwhelmed as they currently see their decisions before was right.

Bitcoin is considered as a investment and if you go for long term then you can reap a very good profit.

zeze18

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Quote from: Phyton76 on May 25, 2017, 11:21:49 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

These people have faith/believe in bitcoin as they can see how good its platform. They risk their investment for long term without doubting which is making them to feel overwhelmed as they currently see their decisions before was right.

Certainly a lot of benefits in getting by storing bitcoin and certainly as a future investment because that has a good prospect for the investment.
Although getting a smaller profit when compared with the trade.

Phyton76

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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

These people have faith/believe in bitcoin as they can see how good its platform. They risk their investment for long term without doubting which is making them to feel overwhelmed as they currently see their decisions before was right.

mornabo

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Quote from: michkima on May 25, 2017, 10:34:59 AM

Quote from: mantra on May 25, 2017, 09:38:22 AM

Quote from: mornabo on May 25, 2017, 05:34:03 AM

Quote from: czvezda on May 08, 2017, 11:17:22 PM

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.

Which definitely keeps the bitcoin in the long run is giving you an advantage on the investment you have. Because bitcoin prices will definitely continue to rise. So if you sell it in the future you must be lucky

If you see the trend in a month is indeed very surprising, I think in the short term will be quite high, I hope in the long run will continue to rise

I will continue to rise, but we are still not immune to its potential to drop by a big margin. That is how bitcoins is, it's very volatile but it has a great potential to grow than to just drop and die. We just really need it to be accepted by more people and we need to implement a way to speed up transactions.

The worst possibility for a sharply downed price might happen. But we do not know when it will happen. So be careful. Find the right time to sell

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Quote from: Theb on May 25, 2017, 09:36:44 PM

Quote from: BossMacko on May 25, 2017, 09:03:32 PM

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.

You can simply say it like that but holding Bitcoin is more harder than you think, Just like what happened yesterday when Bitcoin reach 2750$ per Bitcoin it quickly had a sold down in which caused a dip to 2350$, seeing a 400$ dip is a sign of which players are getting ready to sell a lot of their position in which they will also buy after the price stabilizes in a lower price. You see I think trading with Bitcoin in the short term can give you profits too.

Weak hand did panic that time, it happens in less than 24 hours and they thought the market will collapse sooner, but for traders like us we believe it is normal and we just do not look the price at the moment because it will just hurt us, believe that it will rise again and that is the time to sell.
I'm do short trade but not in bitcoin, I usually do it in altcoins because I have a variety of coins to choose from.

Theb

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Quote from: BossMacko on May 25, 2017, 09:03:32 PM

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.

You can simply say it like that but holding Bitcoin is more harder than you think, Just like what happened yesterday when Bitcoin reach 2750$ per Bitcoin it quickly had a sold down in which caused a dip to 2350$, seeing a 400$ dip is a sign of which players are getting ready to sell a lot of their position in which they will also buy after the price stabilizes in a lower price. You see I think trading with Bitcoin in the short term can give you profits too.

goldcoinminer

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Quote from: ipungadhi on May 25, 2017, 07:49:55 PM

Quote from: czvezda on May 08, 2017, 11:17:22 PM

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.

BossMacko

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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.

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