bitcoin benefit of saving for a long time? - page 11.

xandra

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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?

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There are so many people store bitcoin in their wallet it's because they believed that it will give them more big profit if they will hold it for long term. They are just waiting for the right time to sell their bitcoin and patience is always a virtue, so if you believed in btc that it will be more profitable then hold it because that's what I've been doing too.

Freshmen

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Quote from: mstfprcn on March 15, 2018, 03:54:04 AM

Many people keep their bitcoin in wallet for long-term investment. They believe that bitcoin prices will keep going up. Therefore they do not sell them bitcoin, but save bitcoin them bitcoin, I am also one of the bitcoin holder because I believe bitcoin prices will keep going up .

If we look at the last year and what happened with the price of the bitcoin and how it reached to the level of moon and then saw some dump. There are different lessons for the investors and biggest of all is that the price fluctuation in short time is less but in bigger time, this can have very serious consequences. Tracking the bitcoin price is a must because if it is going higher, you must not sell it but at every step define a threshold where you will sell it so that you can opt for the minimum loss. You can still purchase the bitcoin after seeing some pumps rumours.

topleskacah

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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.

bilyboy

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Benefit is only our expectation since it does not come yet or there is no assurance that we will have the success in the future.
As for me, I believe on the future of bitcoin so I am holding it for long term and I am now stronger now even there is a massive dump that might happen.

TelolettOm

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Quote from: Kita Kita on March 16, 2018, 07:56:56 PM

Quote from: Dux2K on March 14, 2018, 07:56:48 AM

Probably the best thing right now is to hold and if possible to buy more for keeping. Think that best are for those who didn't buy anything just collected them over years with various ways, from small to big ones.

Well there are so many benefit of saving bitcoin for long time just like the value of it can really pump x2 or even x3, and i think the other benefits of saving bitcoin for long time is even without doing anything the value of our bitcoin is we will grow.

by holding or storing bitcoin that's what we will get but if indeed we can not afford the loss also we can get from our own panic. it might be true to get 2-3x profit

Rrtt

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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 benefits of storing bitcoin in our wallet for a long time is to have a higher profit when bitcoin will reach to its higher value. They are the risk takers investors. Bitcoin demand is increasing and have a positive outlooknin the future.

Barcode_

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The group of investors who are holding bitcoin for a long period of time is just hoping to see another huge price surge in the values of bitcoin, but in reality, they are also taking a huge risk in this investment as the values of bitcoin in the future is totally unpredictable.

Kita Kita

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Quote from: Dux2K on March 14, 2018, 07:56:48 AM

Probably the best thing right now is to hold and if possible to buy more for keeping. Think that best are for those who didn't buy anything just collected them over years with various ways, from small to big ones.

Well there are so many benefit of saving bitcoin for long time just like the value of it can really pump x2 or even x3, and i think the other benefits of saving bitcoin for long time is even without doing anything the value of our bitcoin is we will grow.

Pintasak

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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

Yes it has a big impact and benefited people who stored bitcoin 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 the way of holding btc

Md.Sufian

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Always increasing Bitcoin prices gives us a lot of profits, you do not have to work hard to make money. Just save Bitcoin and save the bitcoin that you get as much money as you can. It makes a bit of a demand of Bitcoin and Bitcoin prices goes up.

jrrsparkles

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If the OP did that what he asked to the people then he now knows what is the benefits of saving a bitcoin for long term.The price of bitcoin jumped from $1000 to $20000 in just one year but now it is at $9000 still huge return though.

Jessica1234

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Yes, bitcoin users intended to save their bitcoin for them to reach the high value of bitcoin. Because we all know that the value of bitcoin is not stable.

Blue Bell

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Quote from: mstfprcn on March 15, 2018, 03:54:04 AM

Many people keep their bitcoin in wallet for long-term investment. They believe that bitcoin prices will keep going up. Therefore they do not sell them bitcoin, but save bitcoin them bitcoin, I am also one of the bitcoin holder because I believe bitcoin prices will keep going up .

Good for them because price of bitcoin use to increase very high after very short time. Lose is not going to be with you if you will plane well, people use to sell bitcoin at low price for small time of profit just because they are not aware of the bitcoin properly and they has very weak trust for bitcoin, they should hold bitcoin for the long time and them they will be able to see the price of bitcoin very high, as you said the market demands of bitcoin use to increase and decrease so it sir good to hold bitcoin for long time and earn high amount of profit with your bitcoin.

Zaarin

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Bitcoin users tend to adding together the coins in their wallet because they are waiting for the value of bitcoin to ensue. Thru this, the users were alert to earn profit from a little investment that they have. You can compare it regarding the traditional staff trading in growth minister to where addition holders monitors their account in battle of inflation going regarding for the value of gathering puff.

Dux2K

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Bitcoin is a long term currency that is worth the hold. If you can wait for long and have patience to wait for the proper time, it will surely pays off and you will really have a good harvest at the end. Long time invest best option.

Long tern is good word, but many have temptation when they see price going up more then they were payed and have very hard time to control feeling of having it in bigger amount or they just want to have more money then invested. It really hard and believe that many who resist selling on 20k have have that but many who bought it on that price are now in very bad position and they must hold in long term if they want to recover some of the looses.

Dejech19

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Quote from: machinek20 on March 11, 2017, 06:17:08 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

Maybe people save their bitcoin in there coin wallets,because they are waiting for the right time to trade or invest their Bitcoins.We all know in Bitcoin world the price is not always stable so its better to save and keep it first for the good rate.It also has a advantage of saving it in coin wallets because some coin wallets offers small business for the users, like my wallet it offers load business and bills payment from there you can also have profit in every load and bills you transact. At least the coins you save is having a good profit too.

icol333

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In my opinion, many people stack the coins for a long time to hope that the chart will reach their desired price so they can earn the profit.
But in other cases, there are some people stacking their coins to be deposited in the future. So if anything happens and they need some cash, they'll withdraw the coins and hopefully, it's on the high price.

kukuli

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They will wait for the absolute era to sell their bitcoin. Holding means you want more profit than you money. It takes a lot of patience here forward it is a more profitable way of earning and mostly for the highly developed. But it is not wish that the price will go tall, enormously, it will go in addition to to. You will think twice because of the anxiety selling but the wisest will win. Wise decision can declare yes a invincible advantage here.

clex_us

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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.

Harley29

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Quote from: Lambe Ndumble on March 14, 2018, 08:42:44 AM

Yes true, if we want to be patient and wait for a long time for at least 5 years then bitcoin prices will rise up to 100x, this is because the number of users is increasing and they do not care about the number of countries banned bitcoin.

Good not to care for them because it is very common in bitcoin things use to happen but you will have to keep patience and hold your bitcoin, selling your bitcoin at low price will make you suffer from lose so I would like to say you to save your bitcoin and don’t use your bitcoin for the daily needs of life which are minors to you, try to avoid selling because bitcoin has potential and it can give you high amount of profit as price is going to be more than 50k dollars after few months.

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