Yes absolutely the bitcoin have more benefit if you save your bitcoin in the long time, you will get more profit when you hold your bitcoin in the long time period, just look at the bitcoin price at 2016 where the bitcoin only $2000 and now look at your bitcoin balance and sell it when the price is $19000 and how much your profit you get, it will be the motivation for you to keep and save your bitcoin in the long time period and it will be more profit.
Unfortunately many users are impatient with this situation, they prefer to sell cheaply and earn a little profit even more like cut loss. things we have to believe are users who continue to increase so as to make the future bitcoin will continue to improve. 
Topic: bitcoin benefit of saving for a long time? - page 22. (Read 82331 times)
As I am seeing it, people keep their coins in their wallet because they are waiting for the time that the bitcoin will be in demand and the price will be higher thats the time that they can sell what they have and they will gain the profit in it. Thats why they are keeping it, they are waiting for the right time to sell what they have because they know that it can be triple price than before.
Yes absolutely the bitcoin have more benefit if you save your bitcoin in the long time, you will get more profit when you hold your bitcoin in the long time period, just look at the bitcoin price at 2016 where the bitcoin only $2000 and now look at your bitcoin balance and sell it when the price is $19000 and how much your profit you get, it will be the motivation for you to keep and save your bitcoin in the long time period and it will be more profit.
The benefits of bitcoin of saving for a long time is we have expect money for the future. The other benefits is f the price is high then its time to sell bitcoin and we can earn good profit. Because savings a long time is much better. Even its risky we believe that bitcoin will increasing every time. Because we believe that in the future, we expect more that the price is become higher. So today you should start save money so that your future will secure.
Many keep it precisely for such purposes as it will bring more profit than in the short term, for me it is created to be invested in it for a long time
Saving Bitcoin for a long time, is a one smart strategy of holding bitcoin, we all know that the value of it goes up and may drop down, but by saving bitcoin will never lose, than selling it all. My opinion better to hold/save it or invest it for own bussiness.?
Just look at just this year price change from start of this year till now, and image that you invested in just one bitcoin back in January, good profit.
From this point only one thing is sure bitcoin wont go back down so easily it will continue to grow and keeping it and storing it good thing to do.
What we have witness now is a price drop or a price correction which is due to happen. From this point only one thing is sure bitcoin wont go back down so easily it will continue to grow and keeping it and storing it good thing to do.
However, it just down so much because weak hands panic and they are selling at a lose, after they are gone regretting, it will be the whales
who will help us to grow the price again, mark my word, I've seen this many times.
Just look at just this year price change from start of this year till now, and image that you invested in just one bitcoin back in January, good profit.
From this point only one thing is sure bitcoin wont go back down so easily it will continue to grow and keeping it and storing it good thing to do.
From this point only one thing is sure bitcoin wont go back down so easily it will continue to grow and keeping it and storing it good thing to do.
The main benefit is that by selling the bitcoin money that you have saved for a long time, you can then get a profit that can be twice as much. Assuming that you invest 100 $ in bitcoin, and you wait for the price to increase, later you could sell it for $ 300 or more, that's the big advantage.
I don't think that bitcoin is good thing to use as asset because price is like roller coaster changing all the time and you will never know when everything will end.
saving in bitcoins is risky. asset is good but very volatile, the price was 19,800$ end of the december and now we are seeing only down trend. right now the price is 8,400$. who knows what it will be like the next week. G8 congress is around the corner. BTC was not created for savings but rather as payment method.
I think saving is good, but savings in Bitcoin is even better. I read about nationalization of pension funds even in EU countries.
Of course big profit big savings. It is better much safer compared to other transaction. it is better to keep it and wait for continous helping its price . Safe investment its for long term investment best profitable invest .Saving will be protentially be worthy of profit in the future. In bitcoin our money make it double just compare in the bank .
The benefit of saving it for a long time is if you bought it for a small value then you keep for a long time, then the value gets high, you were lucky enough to earn on it. But there is no guarantee that will always go high so the besf thing is to always monitor on the price movement then if you know that it is high enough then thats the time you can use your bitcoin.
Yes true, and certainly many users who lost when buying bitcoin in last December, when the price reached the highest position of $ 19000 and now not more than 50% price, saving bitcoin is not suitable for a long time, as long as we get a profit then we immediately sell.
The benefit of saving it for a long time is if you bought it for a small value then you keep for a long time, then the value gets high, you were lucky enough to earn on it. But there is no guarantee that will always go high so the besf thing is to always monitor on the price movement then if you know that it is high enough then thats the time you can use your 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
One of the main reason why many people always store their bitcoin is because of the hope that the value will rise more since bitcoin's value is known to be volatile. Thei patience will surely end up with a success which they may use to benefit and gain more profits. Although this is the case, you should still be careful in storing your bitcoin because there are instances where the value falls down which will make you loose your money.Come share your thoughts
I will define the price of bitcoin to be a LUCK to each and everyone.Why?Because you will never know what will happen next on bitcoin value.Today is high then the next its low.So it takes some luck also.
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
Correct, holding bitcoint will give you profit for the future a beneficial saving for long time means investment,
it will not happen overnight...
Well it depends if you are a person who's in to bitcoin who has a steady income in just wanted and looking for additional income or profit you might preferred or probably decide to save your bitcoin for a long time till you decided to cash it out .
Saving should be either long or short term but in Bitcoin issue people hold bitcoin for a longer period and one of the reason is to acquire more profit from it. The issue of hold, hold, hold and wait for the right timing is just to wait for rise in its value.
I think bitcoin is hard to predict, when bitcoin prices continue to skyrocket last december, I'm really excited to buy, but when bitcoin prices continue to drop some time ago it just makes me panic and sell bitcoin.Jump to: