Topic: bitcoin benefit of saving for a long time? - page 123. (Read 82307 times)
Most of the Bitcoin long term holders I've seen so far have not been disappointed by the currency. I think that seeing your holdings going up in value should be something good, but something even better is the possibility of having total control over your own money, without having to depend on third parties.
There is a benefit for saving bitcoin for a long time. Although i don't suggest it but holding it for a long time will increase the value of bitcoin. It is safe but if you want to earn more bitcoin you should invest some of it too.
Yes investing will help you in growing your coins which is not possible with only holding as even in future you will be having the same amount of coins but by investing you can expect some higher amount of coins which will give you additional profits.
There is a benefit for saving bitcoin for a long time. Although i don't suggest it but holding it for a long time will increase the value of bitcoin. It is safe but if you want to earn more bitcoin you should invest some of it too.
I think that just keeping bitcoin for a long time now is the wisest act. The price fluctuates very much, so it's better to wait for a significant price increase. And it can only happen in a few years
If you don't want to take any risky of investing it anywhere then its best to save your bitcoins for future by keeping them safe in your wallet as price is tend to rise in long term but make sure that you manage to hold enough amount of bitcoins as lower amount will not give you higher benefits.
I agree, it would be better to accumulate Bitcoin and save it than buy and save without accumulating Bitcoin. It is the accumulation that will make you maximize the benefits of Bitcoin price increase, though you should also set a plan on when you will stop accumulating Bitcoin and just keep the one you bought .
The best thing about bitcoin is that even if you can't buy it then also you always have an choice of earning it in different ways so try to earn it to maximum possible extent and hold it till the right time comes and sell them with it reaches to your desired price in order to accumulate some profits.
I think that just keeping bitcoin for a long time now is the wisest act. The price fluctuates very much, so it's better to wait for a significant price increase. And it can only happen in a few years
If you don't want to take any risky of investing it anywhere then its best to save your bitcoins for future by keeping them safe in your wallet as price is tend to rise in long term but make sure that you manage to hold enough amount of bitcoins as lower amount will not give you higher benefits.
I agree, it would be better to accumulate Bitcoin and save it than buy and save without accumulating Bitcoin. It is the accumulation that will make you maximize the benefits of Bitcoin price increase, though you should also set a plan on when you will stop accumulating Bitcoin and just keep the one you bought .
I think that just keeping bitcoin for a long time now is the wisest act. The price fluctuates very much, so it's better to wait for a significant price increase. And it can only happen in a few years
If you don't want to take any risky of investing it anywhere then its best to save your bitcoins for future by keeping them safe in your wallet as price is tend to rise in long term but make sure that you manage to hold enough amount of bitcoins as lower amount will not give you higher benefits.
I think that just keeping bitcoin for a long time now is the wisest act. The price fluctuates very much, so it's better to wait for a significant price increase. And it can only happen in a few years
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 me they are just keeping it and waiting for the right time to convert or trade it. Especially if the rate of BTC is high.Come share your thoughts
Those who saves bitcoins before probably predicts that the price it will yield would be higher than before. But take note even if you save bitcoins still you can't guarantee the benefit of earning much higher just by saving. If your target is to sell them at higher price than before, then it will be a 50/50 chance since bitcoins not that stable.
If you are talking about short-term investments, then I will agree. But if it's about long-term, I will not agree. In the long term, there are many chances to increase your capital if you buy bitcoin today
Those who saves bitcoins before probably predicts that the price it will yield would be higher than before. But take note even if you save bitcoins still you can't guarantee the benefit of earning much higher just by saving. If your target is to sell them at higher price than before, then it will be a 50/50 chance since bitcoins not that stable.
Everyone one who is saving their bitcoins for longer time are known from the fact that they will earn a profit in the future when the price of bitcoin will increase. With the passage of time the users of bitcoin increases increasing the demand and so with the increasing demand the price of it increases which give the expected profit to the users.
Yes, true. Those people who had a strong belief in bitcoin, whether there is a fluctuation happen in the value of bitcoin they will continue to hold their coins actually. And I agreed it is considered as one of the side effect of the rejection of ETF but still no worries, because it will surely recover in a matter of short time I think.belief is meaningless. it was a logical decision, at least for those who use their brains it was.
when you hear some negative news you analyze it and the decide how true or false it is. in case of the split which you mentioned it was mostly bullshit using some small news to spread some FUD, in this case any drop is just opportunity to buy more.
simple logical conclusion!
Everyone one who is saving their bitcoins for longer time are known from the fact that they will earn a profit in the future when the price of bitcoin will increase. With the passage of time the users of bitcoin increases increasing the demand and so with the increasing demand the price of it increases which give the expected profit to the users.
Yes, true. Those people who had a strong belief in bitcoin, whether there is a fluctuation happen in the value of bitcoin they will continue to hold their coins actually. And I agreed it is considered as one of the side effect of the rejection of ETF but still no worries, because it will surely recover in a matter of short time I think.I agree with you - every bitter optimist hopes for this. I also hope that the price of bitcoin will not fall much, if there is a split. Although, I would not want it to happen
Everyone one who is saving their bitcoins for longer time are known from the fact that they will earn a profit in the future when the price of bitcoin will increase. With the passage of time the users of bitcoin increases increasing the demand and so with the increasing demand the price of it increases which give the expected profit to the users.
Yes, true. Those people who had a strong belief in bitcoin, whether there is a fluctuation happen in the value of bitcoin they will continue to hold their coins actually. And I agreed it is considered as one of the side effect of the rejection of ETF but still no worries, because it will surely recover in a matter of short time I think.
Long term saving can increase the value of your coins. Bitcoin is the most profitable investment long term especialy if you are not skilled enough to cope with day trading which can be very profitable but also extremly risky. Holding your coins will return you multiple profit, just have to be patient.
Saving bitcoins for a long time have a major benefit. Suppose in 2010 the bitcoin price was $1 and now its $1040 so the investment has paid 1000 times and in only 7 years, where can you find a better investment than this??
Never mind about 7 years earlier, just a few months ago it was only about 700$ and it was able to get to nearly 1200$ in a really short time, so saving bitcoin is not only good on the long term but also on the short term if you really pick the best time to buy and sell, but also long time saving bitcoin may really work but we are not sure about the future of the bitcoin.
Saving bitcoins for a long time have a major benefit. Suppose in 2010 the bitcoin price was $1 and now its $1040 so the investment has paid 1000 times and in only 7 years, where can you find a better investment than this??
Never mind about 7 years earlier, just a few months ago it was only about 700$ and it was able to get to nearly 1200$ in a really short time, so saving bitcoin is not only good on the long term but also on the short term if you really pick the best time to buy and sell, but also long time saving bitcoin may really work but we are not sure about the future of the bitcoin.
Saving bitcoins for a long time have a major benefit. Suppose in 2010 the bitcoin price was $1 and now its $1040 so the investment has paid 1000 times and in only 7 years, where can you find a better investment than this??
Never mind about 7 years earlier, just a few months ago it was only about 700$ and it was able to get to nearly 1200$ in a really short time, so saving bitcoin is not only good on the long term but also on the short term if you really pick the best time to buy and sell, but also long time saving bitcoin may really work but we are not sure about the future of the bitcoin.for me they are just keeping it and waiting for the right time to convert or trade it. Especially if the rate of BTC is high.
But, surely they will get trapped one or other because no one could predict the exact higher prices of bitcoins. It will keep on increasing and they might miss them with their active trading. 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 me they are just keeping it and waiting for the right time to convert or trade it. Especially if the rate of BTC is high.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 me they are just keeping it and waiting for the right time to convert or trade it. Especially if the rate of BTC is high.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 me they are just keeping it and waiting for the right time to convert or trade it. Especially if the rate of BTC is high. Come share your thoughts
Jump to: