Topic: bitcoin benefit of saving for a long time? - page 15. (Read 82331 times)
Yes, we have to be patient waiting at least for 3 years, with patience waiting then we will get big profit, I will hold bitcoin and will sell in year 2020 when I am 27 years old because I will get married in 2020.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
People store and save their bitcoin because of its benefits and it will gain much more of your savings,as long as bitcoin is growing and constant your saving is in a long term. Come share your thoughts
many people buy it for this in the long run, it brings more income than if you keep it for a short period
Saving bitcoin for a long time is a life saving for the future. The benefits for saving is good for yourself at the right time. You will have more gain in your saving. This is something you have own for a long time. Bitcoin uses will not change to nothing but it will improve the ways in the crypto.
Saving bitcoins especially on longer times gives it more chances of being able to profit more from it. If you wait
until bitcoin increases on much more higher price and sell it by then, proceeds are gonna me big and
rewarding. A lot of people tend to do this, just like last year. When bitcoins hit $20k, a lot were
lucky enough to have hold coins and sold them when that sweet price came.
And for this year, plenty are waiting and holding to see if this time
it would do the same or surpass last year's market price
of bitcoins.
until bitcoin increases on much more higher price and sell it by then, proceeds are gonna me big and
rewarding. A lot of people tend to do this, just like last year. When bitcoins hit $20k, a lot were
lucky enough to have hold coins and sold them when that sweet price came.
And for this year, plenty are waiting and holding to see if this time
it would do the same or surpass last year's market price
of bitcoins.
Of course it got benefit, most of the people store bitcoin as investment and because there are so many scammed investment, it is better just put your coin in your wallet and keep it safe and because bitcoin price is keep on rising so saving it for a long time is going to bring big profit for the holder
I agree with you. If one is not a risk taker then investment is not good for him. It is better to save the coins in the wallet and wait for the inflation of the value. Patience is all one need to gain a bigger profit. why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Most of the people store bitcoin as investment, saving bitcoin for a long time is one of the best option, because of a higher probability of maximizing your returns in the future. 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
This is not a matter of benefit, but trying to find luck. They interpret bitcoin to meet their expectations in the future. Come share your thoughts
Right, it took almost 10 years to get bitcoin prices up from $ 1 to $ 10,000, if I had $ 1000 and could buy bitcoin for $ 1 in 2009 then I would get 1000x10,000 or $ 10 million profit, and with that money I would be rich.
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
i think the majority of people who truly understand the potential of bitcoin invest in it and keep it in their wallets for long term, only those who don't know it yet or are new to bitcoin panic and sell because some random comment on some random place on the internet said so.
If we will have Bitcoin for a long-term savings then we can add inflation and make more money because Bitcoin prices will always be going up and adding more money to our money in the future.
thats impossible to happen , people will also sell their coin in order to earn a profit from time to time. they also sell their coins if they need some money for important purposes and that is the reason why bitcoin cant become increase all the time.
If we will have Bitcoin for a long-term savings then we can add inflation and make more money because Bitcoin prices will always be going up and adding more money to our money in the 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
There are so many testimony that they became rich just by storing their bitcoin on their wallet and leave it there for a long time. There is none in the history of bitcoin that if drop lower during the year you purchase it and after a year later, it always go up. Meaning the longer you store bitcoin the more profit you can get. 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
The only reason people store bitcoins in their wallets over long periods of time is to make better
profits when the market is good and prices are higher. But I think most people use bitcoin as a
short term investment, because of it's ever changing price, people tend to buy low and sell high
as soon as it pumps. Though some also save some bitcoins just to make sure that if the market
still pumps more, you can still capitalize and yield more profits.
Yes right, if we are patient then we will get big profit, as we know that now bitcoin price looks stable and difficult to ride, I suggest to hold hold and buy because year-end price will reach at least $ 50k.
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
i think the majority of people who truly understand the potential of bitcoin invest in it and keep it in their wallets for long term, only those who don't know it yet or are new to bitcoin panic and sell because some random comment on some random place on the internet said so.
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
Holding your Bitcoin is probably one of the most promising ways of making money from Bitcoin as Bitcoin can grows at a very fast rate and saving and holding a large amount can earn you great returns. Holding for more than can double the value of your Bitcoin so save and hold as much as you can.
I think what they are doing is called an investment. It could be just short term like weeks or months but there could also be long term that they will just buy some Bitcoins, hold it or even forget about it for years and then gain great profit out of it, remember those Bitcoin holder who had their coins for like $1, imagine that at one point last year it reached $19k. It pays off more than a hundred times when you hold patiently and wait for the best time to sell your coins.
it was the first time but the current comparison of the price is very different.
I do not say it's a bad trait but with them care about their assets. they can be more productive with the assets they have later on.
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 they think of it as an investment that will gain big profit in the future. I do admire these risk takers thinking that they can afford to lose but on the other side they surely study about it before doing such thing. They might be hoping for the huge rise of bitcoin just like last year from $4000 to $20000.
years, and as the investors and adopters are increasing, we are hoping the trend will continue so we hold no matter what.
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 they think of it as an investment that will gain big profit in the future. I do admire these risk takers thinking that they can afford to lose but on the other side they surely study about it before doing such thing. They might be hoping for the huge rise of bitcoin just like last year from $4000 to $20000.
People save bitcoin for a long time mainly because the value of it will continue to increase and increase as time passes by.
It is evident by looking at the past vlues through the years from tge early period of rhe bitcoin and comparing it to what it is currently as many and many people gain interest and invest.
It is evident by looking at the past vlues through the years from tge early period of rhe bitcoin and comparing it to what it is currently as many and many people gain interest and invest.
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