I am thinking long term. Retirement. Middle aged now and some day i will slow down.
Btc is a wise investment. Japan just alowed officail transactions to be done in btc, India may be next, sure China is having troubles.
But in the long run, more and more countries will adopt btc, more and more poeple are grasping the technology, why every day you see payments by btc just while surfing the net. Companies all over the globe are excepting payments in btc.
Another unfortunate aspect is the illegal use. Online drug markets are growing and like the drug market will increase exponentially. Nonetheless, btc price will continue to rise and rise.
Btc can replace visa to some degree.
I don't beleive btu will be big, btc is already the favourite. Give it another 5, 10 or 20 years.
Topic: bitcoin benefit of saving for a long time? - page 115. (Read 82307 times)
Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes.Correctly you do. I'm sure bitcoin deserves more than just spending it on gambling. This is an investment in the future. After a few years it will give us much more than now
It is their bitcoin so they can spend it to whatever they want to. We cant argue with that specially if those are hard earned coins and just want to gift themselves with something.
Regarding the benefit of saving for a long time, we can see it all if we look at the graphs. The increase it made since $300 which is when I started I think, or maybe less. All of those who had the patience in just waiting for this very high price have already felt the benefit of bitcoin.
I think most of us earn bitcoin for 2 reason. It is to help ourself financially and to hold it as much as we can because of the continuous increase of price every year. There is nothing wrong about spending our bitcoin for our desires because it is our hard earned money. It can only be wrong if we waste it on gambling even if we just lose always.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Come share your thoughts
Because bitcoin is the best for long time investment or we should say holding it for a long time because bitcoin price is growing every year so by that the bitcoin price is pumping every year so if you hold a bitcoin now you can have a profit in the future. And that's why holding bitcoin for a long time has a big benefit in us.
Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes.Correctly you do. I'm sure bitcoin deserves more than just spending it on gambling. This is an investment in the future. After a few years it will give us much more than now
It is their bitcoin so they can spend it to whatever they want to. We cant argue with that specially if those are hard earned coins and just want to gift themselves with something.
Regarding the benefit of saving for a long time, we can see it all if we look at the graphs. The increase it made since $300 which is when I started I think, or maybe less. All of those who had the patience in just waiting for this very high price have already felt the benefit of bitcoin.
Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
It's good that you are enjoying some of your bitcoins for yourself. But with what I do, I want to save all of my bitcoins because I know that it is going to be a good thing for me in the long time. I am very inspired with those holders that are holding a lot of bitcoins and they managed to earn a lot of profit because of their patience.
Obviously, as the more people before me, they said that is the difference in the exchange rate over the time. But except this, after a while one can have a significant amount due to just not spending his coins. Clearly for many people it's a way to put their savings in a safe heaven, though the crypto currency volatility, but without the fear of the inflationary fiat money.
Yes I agree, to get the maximum benefit we have to be patient for a long time (more than 1 year), based on the price movement from 2013 until now the bitcoin price always rises.Keeping bitcoin for a year will give a great chance to acquire more profit it is not the best to enjoy best of bitcoin feature. For me. I can get benefit of using btc by it's feature of anonymous and fast transaction. As well as this is the currency i used to gamble.
Obviously, as the more people before me, they said that is the difference in the exchange rate over the time. But except this, after a while one can have a significant amount due to just not spending his coins. Clearly for many people it's a way to put their savings in a safe heaven, though the crypto currency volatility, but without the fear of the inflationary fiat money.
Yes I agree, to get the maximum benefit we have to be patient for a long time (more than 1 year), based on the price movement from 2013 until now the bitcoin price always rises. Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes.Correctly you do. I'm sure bitcoin deserves more than just spending it on gambling. This is an investment in the future. After a few years it will give us much more than now
Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes.Correctly you do. I'm sure bitcoin deserves more than just spending it on gambling. This is an investment in the future. After a few years it will give us much more than now
Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes. 
Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
Staking only on wallet will slow the progress of the growth of your own bitcoins and by investing some amount of it you take risk there is a chances for you to have more profit on bitcoins while staking on wallet . Saving bitcoin for a long time will benefit us but we are not sure when ut is and what are the possible problems that we may taken along staking.
Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Some people store their bitcoin for future purposes because maybe one day they could need a money to pay all their expwnses at their homes. And some people store their bitcoin because they believe maybe one day the price of bitcoin will increase. Come share your thoughts
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
For those people bitcoin is an investment and they are just trying to earn money from it, not actually promote and use it. The benefit of that is that, well, you make quite a lot of money. Come share your thoughts
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
For those people bitcoin is an investment and they are just trying to earn money from it, not actually promote and use it. The benefit of that is that, well, you make quite a lot of money. Come share your thoughts
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Come share your thoughts
People keep their bitcoin in their wallet because they believe that the price of bitcoin will get higher. They are waiting for that time because they believe that it will be the right time to convert their bitcoin into fiat money. I know some people who are also members of this forum and they are the ones who told me about that.
Yes, people have trust on bitcoin, and bitcoin is first crypto who is in a high price, and we can earn from bitcoin easily, and most of the people know that bitcoin has a bright future. So the reason is that people save their bitcoins into their wallets.
I agree with you too. Saving the bitcoin for a long time will be beneficial someday. The right time for bitcoin will surely come and it's price will be at it's peak. Even though many people still do not know what bitcoin is and where is it for, the time for bitcoin to be used all around the world ( legally, to be more optimistic ) will come. And when that time come, people who have kept their bitcoin in their wallet would benefit for sure.
I remember when I started using bitcoin,its value when converted in our currency is only half of its value now, there might be a possibilities that it will grow more in value, saving it is fine but while waiting for its value to get higher ,why not try to invest or trade to make it bigger.
Holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convincing other people to buy products, and you only need is bitcoin balances in your wallet.
Lol have you ever tried to convince people to buy Bitcoin? You know it is very frustrating? Specially if you want to convince those who have a bad first impression of Bitcoin.
Adoption, this is the reason why Bitcoin have lots of benefits in saving a long time. If we have saved enough, the bitcoin we saved can give us financial freedom. Same way early adopters are experiencing now.
Holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convincing other people to buy products, and you only need is bitcoin balances in your wallet.
it can be a good benefits if you don't mind about the profit that you can be made everytime bitcoin will increase price if you can't do buy and sell then your loosing profit coz its like your just ,making your bitcoin wallet to be like bank account.
The benefit of it is because bitcoin is just starting as time pass by the bitcoin price will get pump and pump so If you save it for now you will have a great profit int he future because bitcoin price is pumping every year so better to save now and harvest it later.
No doubt the people saving Bitcoin for a long time are holding it for a time to come where they could get the best highest prices for it. As the current graph of bitcoin is indicating towards the growth of higher prices in future but those who are holding it, also should keep this in mind that its prices can fluctuate anytime. Maybe not due to an unsystematic risk but the systematic risk can happen anytime and can change everything.Yeah. The unstable price of bitcoin is the risk of a long term saving of it. So its either you profit big and loss small. You spoke about the current graph of bitcoin as going up but we are not sure if that trend will continue. So hold on to your bitcoin as you can for now because the price is going up, then sell it when you feel that have good ROI already.
Jump to: