bitcoin benefit of saving for a long time? - page 121.

Harlot

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Quote from: gabmen on April 10, 2017, 10:33:31 AM

Quote from: phaddie on April 10, 2017, 06:53:31 AM

As we believe in saving money so that we can use it at the time of emergencies same goes with saving bitcoins only difference is the value of bitcoin will keep increasing over a period of time which is not possible with fiat so its always good to save bitcoins for future.

That's right. Saving and investment rolled into one especially if its for a long time. The good thing is that you're not really doing anythig else as the price change of btc will do everything for you. The next thing you know you have double the price you've invested on. And it won't even have to be years.

That is a foolish assumption to make as in this market that is controlled by supply and demand there is no assurance that the future of Bitcoin is only the way up. If that was the case all the banks reserves by now are not Gold or US Dollar but Bitcoin. We cannot make an investment on to something that is volatile and only controlled by whales who can short at anytime of the day in which it is getting sooner as it again reached the price of 1200$ in which a panic selling happened twice this year. Better hope for the best that it stays at that level for a long time or be prepared for the worst again.

rajasumi3

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Saving bitcoins for the future means saving it for the upcoming and maybe some people have the tendancy to get rich with bitcoins. Well earning bitcoins through signature campaign would not make a person rich well it will help save a little for the future.

The_Dark_Knight

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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 are obvious to anyone watching the price but even better is that benefits bitcoin by allowing it to not be as volatile as it would be if everyone was trading their coins every single day, so it helps the bitcoin ecosystem as well.

gabmen

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Quote from: phaddie on April 10, 2017, 06:53:31 AM

As we believe in saving money so that we can use it at the time of emergencies same goes with saving bitcoins only difference is the value of bitcoin will keep increasing over a period of time which is not possible with fiat so its always good to save bitcoins for future.

That's right. Saving and investment rolled into one especially if its for a long time. The good thing is that you're not really doing anythig else as the price change of btc will do everything for you. The next thing you know you have double the price you've invested on. And it won't even have to be years.

phaddie

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As we believe in saving money so that we can use it at the time of emergencies same goes with saving bitcoins only difference is the value of bitcoin will keep increasing over a period of time which is not possible with fiat so its always good to save bitcoins for future.

ocid

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they keep bitcoin in a long time where it is a way to invest them as they save but with digital currency, their advantage is that they trade it on the high score very helpful nyang

warwar

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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

Those people who stores their bitcoin from their wallets for a long time will surely benefit i think from it.Maybe they bought that bitcoins for a cheap price like last year when bitcoin is only at $400-$500 mark and then store it and wait for bigger or peak price at the market to have a huge profit from what they invested

Saichoukyushin

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The benefit of saving for a long time is a big profit especially the bitcoiners way back when it was appeared on the market .My friend told me that the there is no buying of bitcoins that time and bitcoins are only promoted by claiming on faucet.

kikeda

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Quote from: batang_bitcoin on April 10, 2017, 03:46:03 AM

Quote from: loges on April 10, 2017, 02:55:48 AM

Quote from: batang_bitcoin on April 10, 2017, 02:53:22 AM

Quote from: Format.C^ on April 10, 2017, 01:24:44 AM

Quote from: batang_bitcoin on April 10, 2017, 01:07:00 AM

Quote from: radjie on April 09, 2017, 12:33:31 AM

BTC will be very beneficial if we keep continue longer but we must always look at what the value is more expensive or decreased, tp I believe bitcoin value the longer it will be more expensive

We can see the price of movement of bitcoin from it's early days, way back years and up to now. It's very beneficial if you will save your bitcoins out for a longer time and right now if you think that you will be rich enough for saving it for a long time, then believe it. The value of bitcoin is almost close to gold.

Saving bitcoin for future will surely benefit you in long term as we have seen that price has kept on going higher and higher over a period of time and if you save good amount of coins then bitcoin can definitely make you rich in future.

But before aiming for the future you should make yourself encourage to save for a little longer. Because we may not know what is going to happen to us and we can spend our coins immediately for selling them and converting them to fiat. My suggestion is just save the coins that is spare for you and don't ever move it.

I think I will prefer to spend some of them if I am satisfied with the price and will save rest of them for future hoping to see even higher price which can give me better money in terms of fiat and will buy it back when price drops again.

It's not a problem if you are satisfied to spend them. Because that's the reason why we are saving, to spend them in the right time as we please. And if you think that you've gain a lot of it already there's nothing to regret to spend some of them. But you should keep on saving some of them for a longer run for your assurance.

Yes if you have already made some profits then there is nothing wrong in spending some of them by selling and getting converted to fiat but make sure that you don't spend all at once and its better to have some for the future so that you can spend them again when price will be even higher.

susila_bai

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Quote from: batang_bitcoin on April 10, 2017, 03:46:03 AM

Quote from: loges on April 10, 2017, 02:55:48 AM

Quote from: batang_bitcoin on April 10, 2017, 02:53:22 AM

Quote from: Format.C^ on April 10, 2017, 01:24:44 AM

Quote from: batang_bitcoin on April 10, 2017, 01:07:00 AM

Quote from: radjie on April 09, 2017, 12:33:31 AM

BTC will be very beneficial if we keep continue longer but we must always look at what the value is more expensive or decreased, tp I believe bitcoin value the longer it will be more expensive

We can see the price of movement of bitcoin from it's early days, way back years and up to now. It's very beneficial if you will save your bitcoins out for a longer time and right now if you think that you will be rich enough for saving it for a long time, then believe it. The value of bitcoin is almost close to gold.

Saving bitcoin for future will surely benefit you in long term as we have seen that price has kept on going higher and higher over a period of time and if you save good amount of coins then bitcoin can definitely make you rich in future.

But before aiming for the future you should make yourself encourage to save for a little longer. Because we may not know what is going to happen to us and we can spend our coins immediately for selling them and converting them to fiat. My suggestion is just save the coins that is spare for you and don't ever move it.

I think I will prefer to spend some of them if I am satisfied with the price and will save rest of them for future hoping to see even higher price which can give me better money in terms of fiat and will buy it back when price drops again.

It's not a problem if you are satisfied to spend them. Because that's the reason why we are saving, to spend them in the right time as we please. And if you think that you've gain a lot of it already there's nothing to regret to spend some of them. But you should keep on saving some of them for a longer run for your assurance.

That is true that you should not feel bad of sold the bitcoins on low but you should see that when you were in problem you were able to solve it through bitcoin, but it is that you can keep some of them in wallet for another future problem. their will always be more high price it is only that when ever we need to solve the financial problem we are able to solve it through bitcoins. and in coming days more online purchase will start to happen then it will be good that we can do this online purchasing through bitcoin directly without converting them to fiat currency to buy it.

batang_bitcoin

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Quote from: loges on April 10, 2017, 02:55:48 AM

Quote from: batang_bitcoin on April 10, 2017, 02:53:22 AM

Quote from: Format.C^ on April 10, 2017, 01:24:44 AM

Quote from: batang_bitcoin on April 10, 2017, 01:07:00 AM

Quote from: radjie on April 09, 2017, 12:33:31 AM

BTC will be very beneficial if we keep continue longer but we must always look at what the value is more expensive or decreased, tp I believe bitcoin value the longer it will be more expensive

We can see the price of movement of bitcoin from it's early days, way back years and up to now. It's very beneficial if you will save your bitcoins out for a longer time and right now if you think that you will be rich enough for saving it for a long time, then believe it. The value of bitcoin is almost close to gold.

Saving bitcoin for future will surely benefit you in long term as we have seen that price has kept on going higher and higher over a period of time and if you save good amount of coins then bitcoin can definitely make you rich in future.

But before aiming for the future you should make yourself encourage to save for a little longer. Because we may not know what is going to happen to us and we can spend our coins immediately for selling them and converting them to fiat. My suggestion is just save the coins that is spare for you and don't ever move it.

I think I will prefer to spend some of them if I am satisfied with the price and will save rest of them for future hoping to see even higher price which can give me better money in terms of fiat and will buy it back when price drops again.

It's not a problem if you are satisfied to spend them. Because that's the reason why we are saving, to spend them in the right time as we please. And if you think that you've gain a lot of it already there's nothing to regret to spend some of them. But you should keep on saving some of them for a longer run for your assurance.

loges

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Quote from: batang_bitcoin on April 10, 2017, 02:53:22 AM

Quote from: Format.C^ on April 10, 2017, 01:24:44 AM

Quote from: batang_bitcoin on April 10, 2017, 01:07:00 AM

Quote from: radjie on April 09, 2017, 12:33:31 AM

BTC will be very beneficial if we keep continue longer but we must always look at what the value is more expensive or decreased, tp I believe bitcoin value the longer it will be more expensive

We can see the price of movement of bitcoin from it's early days, way back years and up to now. It's very beneficial if you will save your bitcoins out for a longer time and right now if you think that you will be rich enough for saving it for a long time, then believe it. The value of bitcoin is almost close to gold.

Saving bitcoin for future will surely benefit you in long term as we have seen that price has kept on going higher and higher over a period of time and if you save good amount of coins then bitcoin can definitely make you rich in future.

But before aiming for the future you should make yourself encourage to save for a little longer. Because we may not know what is going to happen to us and we can spend our coins immediately for selling them and converting them to fiat. My suggestion is just save the coins that is spare for you and don't ever move it.

I think I will prefer to spend some of them if I am satisfied with the price and will save rest of them for future hoping to see even higher price which can give me better money in terms of fiat and will buy it back when price drops again.

batang_bitcoin

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Activity: 3080

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Quote from: Format.C^ on April 10, 2017, 01:24:44 AM

Quote from: batang_bitcoin on April 10, 2017, 01:07:00 AM

Quote from: radjie on April 09, 2017, 12:33:31 AM

BTC will be very beneficial if we keep continue longer but we must always look at what the value is more expensive or decreased, tp I believe bitcoin value the longer it will be more expensive

We can see the price of movement of bitcoin from it's early days, way back years and up to now. It's very beneficial if you will save your bitcoins out for a longer time and right now if you think that you will be rich enough for saving it for a long time, then believe it. The value of bitcoin is almost close to gold.

Saving bitcoin for future will surely benefit you in long term as we have seen that price has kept on going higher and higher over a period of time and if you save good amount of coins then bitcoin can definitely make you rich in future.

But before aiming for the future you should make yourself encourage to save for a little longer. Because we may not know what is going to happen to us and we can spend our coins immediately for selling them and converting them to fiat. My suggestion is just save the coins that is spare for you and don't ever move it.

Format.C^

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Quote from: batang_bitcoin on April 10, 2017, 01:07:00 AM

Quote from: radjie on April 09, 2017, 12:33:31 AM

BTC will be very beneficial if we keep continue longer but we must always look at what the value is more expensive or decreased, tp I believe bitcoin value the longer it will be more expensive

We can see the price of movement of bitcoin from it's early days, way back years and up to now. It's very beneficial if you will save your bitcoins out for a longer time and right now if you think that you will be rich enough for saving it for a long time, then believe it. The value of bitcoin is almost close to gold.

Saving bitcoin for future will surely benefit you in long term as we have seen that price has kept on going higher and higher over a period of time and if you save good amount of coins then bitcoin can definitely make you rich in future.

batang_bitcoin

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Activity: 3080

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Quote from: radjie on April 09, 2017, 12:33:31 AM

BTC will be very beneficial if we keep continue longer but we must always look at what the value is more expensive or decreased, tp I believe bitcoin value the longer it will be more expensive

We can see the price of movement of bitcoin from it's early days, way back years and up to now. It's very beneficial if you will save your bitcoins out for a longer time and right now if you think that you will be rich enough for saving it for a long time, then believe it. The value of bitcoin is almost close to gold.

Natalim

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Quote from: Taki on April 10, 2017, 12:41:07 AM

I think it is obvious why people prefer to hold their bitcoins. I know that campaigns and faucets were giving much higher payments some years ago when bitcoin wasn't so expansive. Those people who saved coins from that time made good profit. So I think that people keep their coins with expectation that bitcoin will rise even higher.

That's our mindset as investors but not as many think of the price, majority of the people are just using bitcoin to be the means of online transaction and it's not too special to them as they can still live even without it. We, who are in the group of investors and traders, it's our life so it matters to us a lot.

Taki

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I think it is obvious why people prefer to hold their bitcoins. I know that campaigns and faucets were giving much higher payments some years ago when bitcoin wasn't so expansive. Those people who saved coins from that time made good profit. So I think that people keep their coins with expectation that bitcoin will rise even higher.

phaddie

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Quote from: Astvile on April 09, 2017, 06:47:59 AM

I thought they are storing bitcoins that they bought at low price.Yeah they will benefit into it because they will not be able to spend it anywere and they can manage to save that bitcoins in safe wallets.So if they want so they can take up that bitcoins that they bought in cheap price and exchange it in higher price because you know bitcoins price is rocketing now so they will profit on it.

Saving is always a good choice as price will be much higher in future but if you are making good profits at current price then you should sell some of them and grab the profits and wait for the price drop to buy it again at the lower price.

Astvile

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I thought they are storing bitcoins that they bought at low price.Yeah they will benefit into it because they will not be able to spend it anywere and they can manage to save that bitcoins in safe wallets.So if they want so they can take up that bitcoins that they bought in cheap price and exchange it in higher price because you know bitcoins price is rocketing now so they will profit on it.

X-ray

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Quote from: DoublerHunter on April 09, 2017, 01:57:02 AM

Quote from: Pinkris128 on April 09, 2017, 01:40:25 AM

Quote from: rizkyhiw on April 09, 2017, 12:51:13 AM

Quote from: Theb on April 07, 2017, 09:21:08 PM

Quote from: SamsungBitcoin on April 07, 2017, 09:09:55 PM

Holding bitcoin for a long time is good if you start way back 2014 because price of bitcoin that time is already doubled at current price but for now much better to do trading than holding it for a long time, we should take the advantage of the fluctuation of the price

I have to disagree with you with this one as Holding Bitcoin in a long term position is not appropriate or Bitcoin is not really for Long Term Investments. Remember when Bitcoin drop at 500$ per coin last 2016 it was the worst moment for Investors if they listened to your advice to keep holding Bitcoin. For me you have to take advantage of the price drops and increase at the same time, Holding Bitcoin will certainly avoid those advantages. Bitcoin is more fitted in the short term position.

the worst moment of bitcoin price is when the price down to $220 in 2015
people have a lot of speculation about how bitcoin will dead and disappear
but after 2 years now , the bitcoin price jump up to 600 times
crazy indeed , it must shows how good invest in bitcoin for long term.

Bitcoin had faced many challenges and it shows how strong it is. With this reason, its investors don't doubt same as before since its market is quite huge currently and there no reason to make it down. However, as it pumps, dumpers don't stop dumping it whicg makes them to make profit. It's important to know how powerful the bitcoin is as for everyone not panice selling everytime volitality occurs since at the end, dumpers will win if people panic selling.

Bitcoin is one of the strongest currency in the world because even there is a threats like the hardfork, bad rumors and news, Bitcoin still stand out and still getting higher price in the market. Bitcoin is very strong because of its followers and supporters who stay with bitcoin no matter what happen and that makes other people get in touch with bitcoin because they see the great support and stability of the market so they always coming.

The news and rumour is always driving the bitcoin price. event the bitcoin price may go lower in the future but don't forget there will be another good news about bitcoin in the future which it can be mood booster for the bitcoin market. And no doubt the price of bitcoin still on the higher value in this time. Bitcoin is good to make more money for us.

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