Topic: bitcoin benefit of saving for a long time? - page 134. (Read 82331 times)
Its price is getting higher so investing bitcoin in your account is very beneficial. Though there will be times that we need to spend it but it should only be spent in necessary things.
Many of us expects bitcoin to go higher in its value. That is why, it is very beneficial in saving it. Some people actually thinks that it is more helpful and a wise move if you save bitcoin because it has a very promising future. Based on its popularity, i guess, many people will be encourage to invest in bitcoin.
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
There may be a host of reasons
But first, we don't really know whether so many people are actually storing their bitcoins which are assumed to be sitting idly in their wallets for any significant amount of time. I remember that some self-proclaimed Bitcoin whales acknowledged here ("confessions on the blockchain", so to speak) that they were keeping their coins in (likely futile) hope that in the future when Bitcoin gets worldwide recognition and acceptance, they will become a new wealthy elite (as if the old, no less wealthy one would ever let them)
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
Price appreciation and the comfort of having the same amount of Bitcoins in the long run.
Some would be scared that they are not smarter than the market and would lose coins, others see it as a long term mechanism to accumulate wealth they can afford to leave alone.
Aka spend cash instead either way the reward is large enough for them to do it based on the price but at some point they will take the coins out and make actualized profit on their investment.
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
Need I say more? It's obvious we store bitcoins hoping for increases in its prices in order for us to sell back on the exchanges and make profits as a result.
The continous increasing of its price proves that Bitcoin is a good investment, from other side, People are afraid of the price volatilty, but when Bitcoin becomes less volatile, more people will turn their attentions to it, and it will becomes a good store of value.
you should know that prices go up and down in the short term but for the long term bitcoin prices have continued to rise. so save bitcoin will certainly provide benefits to you
The continous increasing of its price proves that Bitcoin is a good investment, from other side, People are afraid of the price volatilty, but when Bitcoin becomes less volatile, more people will turn their attentions to it, and it will becomes a good store of value.
If people store bitcoins in their wallets, so it has clear mean that people trust on bitcoin, and also me, i also have save my bitcoins into my wallet, because it is my investment. Bitcoin is best cyrpto currency and it has really good price value, and definitely in future bitcoin give us profit and it will be a great place in online world.
Benefit of saving btc is a good idea. but just follow this thing if you feel you are getting the best reward comparatively to what you invested then it is best to sell it. whats the point of holding if you are on profit. you don't know when the price will fall.
big benefits if you have big amount of bitcoin in your wallet. all we know that bitcoin has a bright future that we can take advantage now until the value of bitcoin is affordable.
Yes you can get benefits in storing large amount of Bitcoin.But its need more money to buy some Bitcoins to store in your wallet.
Yes saving bitcoin coming from freebies such as faucets are the last resort for those who have no money or capital to buy bitcoins. Even earnings from faucet can be very helpful when the time comes. I remember when I started collecting satoshis from faucets the amount they are giving was from 1000 satoshi to 5000 satoshi per 30 minutes to 1 hour. I have collected many satoshis and if I did not use them in gambling their value today would be at 200$ already. Thus saving your bitcoins even in the smallest amount may not be very profitable today but in the long term when bitcoins price is ten times its value today you will enjoy the profit you are dreaming of.
I have heard a few story where early adopter people got rich because he stored the coin in the wallet for a long time and forgot about it, when he remembered the price was already so high, so the benefit of storing bitcoin of course is the profit, the fast rising price of bitcoin make bitcoin suitable for short term investment and long term investment, so rather than investing in a place which we don't know it is a scammed or not, it's better invest by saving bitcoin in the wallet
big benefits if you have big amount of bitcoin in your wallet. all we know that bitcoin has a bright future that we can take advantage now until the value of bitcoin is affordable.
Yes you can get benefits in storing large amount of Bitcoin.But its need more money to buy some Bitcoins to store in your wallet.
big benefits if you have big amount of bitcoin in your wallet. all we know that bitcoin has a bright future that we can take advantage now until the value of bitcoin is affordable.
This statement is agreeable to the extent that because of the unpredictable rise and fall of the value of bitcoin it may be an essential factor to give you a big amount that if stored and saved will be beneficial to you in the long run. With regards to that, saving bitcoin for a long time will not only benefit but also the people using and saving btc at that moment it is just a matter of cycle.
big benefits if you have big amount of bitcoin in your wallet. all we know that bitcoin has a bright future that we can take advantage now until the value of bitcoin is affordable.
Yes you can get benefits in storing large amount of Bitcoin.But its need more money to buy some Bitcoins to store in your wallet.
If we think like that then it will be harder to make a profit.
Changing the way we view bitcoin could help. Think of it as a growing tree and will still bear fruits every year. Even if it is really expensive right now. What if it doubles its price again. We do that so we wont regrer in the future.
I do regret it for I havent bought more when the price was still at $300.
big benefits if you have big amount of bitcoin in your wallet. all we know that bitcoin has a bright future that we can take advantage now until the value of bitcoin is affordable.
Yes you can get benefits in storing large amount of Bitcoin.But its need more money to buy some Bitcoins to store in your wallet.
big benefits if you have big amount of bitcoin in your wallet. all we know that bitcoin has a bright future that we can take advantage now until the value of bitcoin is affordable.
Well if you have the capacity to buy a lot of bitcoins then that would be better, that would only show that you trust bitcoin as you are willing to risk a bigger amount. However, most of us has no capacity to do that, we are just ordinary people earning a minimum amount of money for our daily expenses and that is why I see bitcoin as investment that has a good potential to change our life in the future due to our ambition to live a comfortable life. This will benefit our future if we believe, so as early as now it's good to start saving already even a certain portion of our income only. 
big benefits if you have big amount of bitcoin in your wallet. all we know that bitcoin has a bright future that we can take advantage now until the value of bitcoin is affordable.
Because of high returns.Bitcoin is a long-term investment products, it is the hope that bitcoin will rise more at the future.Bitcoin prices always go up and if we are long time savings course it will be benefit.Saving bitcoin long time is very benefit, but also be patient.
Just like other saying, if we have the patience, we have to save our bitcoin. Instead of saving bitcoin, others go on trade, sometimes this kind of decision are not that kind of good effect. Sometimes it lead us to be bankrupt or sometimes lose our own profit. If we want to earn to a big amount, we need to gamble or money, but if we want to earn a little amount of money, saving is the best way for it.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
you know what the price of bitcoin now than last year? they save because of the possibility of bitcoin prices will be higher by saving will profit if sold at higher prices than previously. bitcoin has excellent performance and followed an interesting feature that allows the massa adoption then the price will be higher Come share your thoughts
Because of high returns.Bitcoin is a long-term investment products, it is the hope that bitcoin will rise more at the future.Bitcoin prices always go up and if we are long time savings course it will be benefit.Saving bitcoin long time is very benefit, but also be patient.
it is because they think the store bitcoin in a long time was a promising investment judging from bitcoin prices that every year has increased significantly
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