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Topic: bitcoin benefit of saving for a long time? - page 14. (Read 82331 times)

member
Activity: 314
Merit: 10
As I join to bitcoins world I new that the benefit of saving it for a long time can change it's amount, I mean it can grow like putting it in a bank but it is more easy for that and that's why I also doing it saving for a long time can caused more earnings than putting it in my wallet and also investing it for any coins is the way to savevit for a long time.
newbie
Activity: 69
Merit: 0
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


Saving fiat money for a long time mean just devaluing it, with the passage of the time the vale of money is decreasing and therefore i will like to say that investment is the best option to save and keep you money valuable and increasing.
member
Activity: 280
Merit: 10
Some people take a risk of holding their bitcoin for a long time because they believe that they can havr e a bigger profit if the price of bitcoin will go higher and this will serve as their investment especially now that the price of bitcoin is low.
member
Activity: 252
Merit: 71
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Because people are willing to risk their bitcoin to be able to gain more profit from it.  You need to risk to be able to gain big.  
- They know the risk from bitcoin is not too great because the development and trend of bitcoin is very clear, it always tends to go up, that makes them believe that holding bitcoin in the long run will bring greater profits for them, helping them become richer without doing too much work. In addition, they do not have much time and skills for trading, what they have is only money, they choose the holdings to be safer and suitable for their conditions, however, they do not realize that bitcoin trading is easy and makes more money, instead of holding
In addition to the possibility of profit, I think that another great advantage lies in the possibility of having a decentralized way of storing value, which also brings the possibility of making payments around the globe through the internet, something that is not possible with other ways of storing value, such as gold.
sr. member
Activity: 1112
Merit: 256
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Bitcoin is that one coin which holding for a long time has a good reason, it is a about price. Bitcoin is changing its price up and down in some periods of time, and you have more than 80% Chance to just earn by holding it for some months.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
The benefit of saving bitcoin for a long time is definitely to gain huge profits in the future. They are willing to do that because they know investing in bitcoin is no doubt to get a good profit. There are many bitcoin users who have felt it, when is your turn?
member
Activity: 266
Merit: 10
Sometimes simply keeping the BTC could become a skilled trader  Grin Grin Grin
newbie
Activity: 210
Merit: 0

Bitcoin movements that tend to make the fans feel at home for long do not sell it.
They hope to make a big profit from their bitcoin stores.
Bincoin is a reliable crypto currency.
hero member
Activity: 1302
Merit: 503
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Because people are willing to risk their bitcoin to be able to gain more profit from it.  You need to risk to be able to gain big.  
- They know the risk from bitcoin is not too great because the development and trend of bitcoin is very clear, it always tends to go up, that makes them believe that holding bitcoin in the long run will bring greater profits for them, helping them become richer without doing too much work. In addition, they do not have much time and skills for trading, what they have is only money, they choose the holdings to be safer and suitable for their conditions, however, they do not realize that bitcoin trading is easy and makes more money, instead of holding
full member
Activity: 696
Merit: 100
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Because people are willing to risk their bitcoin to be able to gain more profit from it.  You need to risk to be able to gain big.  
member
Activity: 406
Merit: 10
The Exchange for EOS Community
Yes true, bitcoin is more advantageous if we keep for a long time, as it happens today, surely many users are panicking so sell bitcoin, but with patience then they can get big profit at the end of this year.
right . For those who grasp the good times to buy and sell, the fluctuation of the market is an opportunity for them to make a profit. But for us it is only possible to keep bitcoin for a long time, and this will be profitable for us.
member
Activity: 1078
Merit: 12
Yes true, bitcoin is more advantageous if we keep for a long time, as it happens today, surely many users are panicking so sell bitcoin, but with patience then they can get big profit at the end of this year.
full member
Activity: 168
Merit: 100
That is a good question. Well, in my experience I store or hold different coins hoping when the time is right or I got the percentage that I want or I earned big and happy with the earning I can use it for my personal expense or better yet invest in more coins that I know that has potential to grow.

My advice to you is that you try investing too in some coins that you has a potential
member
Activity: 162
Merit: 10
what will be the benefit if you just savings for a long tome in bitcoin rather than to open a business and half or some of your saving put it in business to grow your money and the other is in the bitcoin savings. We cannot assure if the value of the bitcoin tomorrow is increast or decreast so make a wise move and don't just stack your money in one place or bitcoin only.
member
Activity: 130
Merit: 10
Many people store and keep their btc as it is in their wallet just like me because i don't want to use my investment as i have kept them for my future purpose and i know the market price of the btc will reach a certain level when it will really difficult for a normal person to afford one so are the reason i still hold on with my btc.I did not do panic selling even when the price of the btc hit 20k USD because i know the market will grow even higher and it is always best to store atleast some btc in your wallet because nobody can predict the future of btc what if the market hike to unexpected level or it can even go low the value of the btc is going low only because the investors are making a panic selling when they find some fake news .Anyway the person holding on with their btc will anyway get 10 fold higher rate than the amount they have spend to buy them so it is never a loss to invest on btc infact it is a wise decision to make investments on btc.
newbie
Activity: 182
Merit: 0
It's really a good thing to keep bitcoins for a long time because during the long course of period of holding on to it, the price exchange would have increased, turning it to a huge profit. Unless one has a huge need to use the bitcoins they have at the moment, saving it is much better. Most people that have lots of bitcoins now are as a result of them holding on to it or in some cases, some have forgotten they have the coins. Rapper and Business mogul, 50 cent currently made headlines for owning lots of bitcoins from the past that he forgot he had.

Saving the coins for a long time is really a go-to if there's no major importance to trade it.
sr. member
Activity: 1428
Merit: 252
Unfortunately when there is a slight increase then many users are immediately selling, they are used to this so bitcoin is difficult to ride, and I will also follow this trend because with like this then we get profit.
full member
Activity: 672
Merit: 100
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

I choose Bitcoin as a way to save instead of depositing money into the bank. Bitcoin uses the technology of the future, so it has a lot of potentials to grow, so I decided to use it to save possibility for a long time.
member
Activity: 196
Merit: 10
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

I think people are storing their bitcoin in their wallet for a long time hoping to get bigger profit when the price moves to the highest point. But that is also risk taking because the bitcoin price might drop and they lose profit. If you do storing bitcoins for a long time run, you must check the market always.
member
Activity: 205
Merit: 10
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

In my own opinion the benefit of saving bitcoin for a long time is you can earn a big profit if the bitcoin price goes higher and higher as time passed by. It is more profitable than to save it for a short period of time.
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