Topic: bitcoin benefit of saving for a long time? - page 19. (Read 82307 times)
It's very stupid to save bitcoin for a long time at my opinion when you can easily making profit on differece in price everyday by selling and buying you btc.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
My idea for this Question is i think they have confidence to do that,i mean to store their bitcoin in their wallet for a long time because they believe and have confidence that someday they will get a good profit of this cryptocurrency.Come share your thoughts
Generally investment takes time to get profit, this also applies to bitcoin, if we want to get profit in a short time then we can do trading or gambling, when we buy bitcoin then thing we have to do is make sure we will be patient and not easy panic.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
My idea for this Question is i think they have confidence to do that,i mean to store their bitcoin in their wallet for a long time because they believe and have confidence that someday they will get a good profit of this cryptocurrency. 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
Most of the time, people store their bitcoin so that their profit will keep on growing as much as the pump would allow them. The value of bitcoin is volatile so it is much expected that people would keep on holding and wait for the pumps to have a higher amount of profit. You can't blame them on what they're doing because everyone has their own needs and wants. 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
There are only two possibilities whenever you are holding your bitcoin, you can either get higher profit or lower. The volatility of bitcoin is the one that plays over our profits so we should watch over for the pumps and dumps so that we may know when is the best time to hold. Many people has already became successful because of saving their bitcoin for a long time. Come share your thoughts
Big time investors that have big capacity of investing in Bitcoin does so in high capacity and deliberately hold them in their savings over a long period of time for future exigencies and probably contingencies and most of them again ensure this is done for their generation in future having hope that this would have yielded high for them[children], whether they are still alive or not, so that this generation can have good basis of investment to build upon and better life ensued for them in 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
Come share your thoughts
Some people chose to store and hold their bitcoins for many reasons. Some people doesn't need it as fiat yet so they chose to keep it in a secured wallet. Also, some people chose to hodl and keep their bitcoins in store because they are waiting for their desired amount for them to get a better profit. Some people chose to hold because it is their wise choice to wait and seek for a better profit.
The faith they put on Bitcoin that one day it will go $100,000 per coin. And also, the belief that one day we will be now a cashless society. Then Bitcoin will now be accepted by hundreds of enterprise. It would take time but it is better to be prepared before it gets there.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
They hodl because they believe in bitcoin and they believe of its potential. The benefit of holding it for a long time depends on the price of it after holding, but usually it has a positive effect, which is profit. I htink those people do not just hold and wait, but they also get engaged and always aware of the situation in cryptocurrency. They set target values for buying and target values for selling. Come share your thoughts
They will wait for the perfect time to sell their bitcoin. Holding means you seek more profit than you hold. It takes a lot of patience here since it is a more profitable way of earning and mostly for the future. But it is not mean that the price will go high, definitely, it will go down. You will think twice because of the panic selling but the wisest will win. Wise decision can take a big advantage here.
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 bitcoin is a long term currency that is worth the HODL. If you can wait for long and have patience to wait for the proper time, it will surely pays off and you will really have a good harvest at the end.
If I'm not mistaken, most people who have bitcoin bought it for long-term investments, because it will bring more benefits
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 bitcoins in your online wallets for so long is much safier . Anytime you can get it for emergency purposes.You can sell it if the value will goes higher so that you wont regret. An buy when the value gets lower. You can also used it for an investment. Come share your thoughts
there are several reasons and the most is that they want to raise the price of bitcoin by holding it for a long time so for many bitcoin owners it will make multiple profits
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
They are the few people who knows the real meaning of the word HODL. They have a strong faith in it and they believe that it will reach $100k or more than that and that is the best benefit they can get from doing that.
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
They are the few people who knows the real meaning of the word HODL. They have a strong faith in it and they believe that it will reach $100k or more than that and that is the best benefit they can get from doing that.
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 if your a long time user of bitcoin you can get a big opportunity and benefits on this organization without difficulties. Your money will grow as long as you will wait for the right time to harvest it. Come share your thoughts
They decided to prolong their money on their wallet inhoping it will increase as the price of Bitcoin increase in the market so that they will benefits more.. the higher the value the greater the exchange for them.
I think yes because the benefits of bitcoins are about when you get coins you can store it in bitcoins wallet in investment that can save you yourself and it does not disappear because you own it in your account.
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