Topic: bitcoin benefit of saving for a long time? - page 23. (Read 82307 times)
If we will Save our savings in bitcoin in our bitcoin wallet for a long time it will grow due to the currency demands or our country and at the same if we will going to get our money on our wallet with a big amount we can buy a house to live or a car for transportation so it benefits us a lot.
they keep it for a long time in there wallet some of reason,they stored for waiting bitcoin token go to higher price...and maybe they want to keep it for same reason they want to save there earnings,like if they have a emergency matter and maybe they want to grow more there invest....in i think they save for there own dreams....
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Many people are holding bitcoins in their wallet for a long time because they want to have huge profit in the future. They believe bitcoins price and value will hit to the moon in the near future or else they serve bitcoins as their money for retirement or for the future of their children. Come share your thoughts
Of course it's beneficial, people who stores their bitcoin for long term obviously as investment, and wait for the price of bitcoin to increase rather than selling it early. You might as well be patient to gain more profit. 
it is the best method to find profit from bitcoin, because with the increase of price then we will profit but if the price down we should just buy do not continue to panic sell bitcoin that we already have, because it will make us loss only, focus for its purpose at the beginning that is to long-term
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Storing bitcoin in their online wallets make it safe to scammers. It also increase the value of bitcoin automatically . And can used it for a life time .Make it more patient to increase the value of your money inside the wallets. Come share your thoughts
Some people says that bitcoin will last for a long time so its better to hold or save until the price of bitcoin reached it's high price.
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.
They do it for investment. The values usually increase or that is what is expected, for example if you buy a bitcoin in $ 100 in six months the value of bitcoin could reach $ 300 and sell it you would get double profit. This strategy is used not only in the cryptocurrency or stock market, but also in furniture, import products, etc.
Many do so invest in bitcoin for a long time to get the maximum benefit from this, because we know that over time the value of bitcoin grows
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
Most bitcoin holders have benefited from holding bitcoins in not-too-distant future, say bitcoin holders about 1 year earlier are able to reap excellent profits, even higher growth than other investments.
If we want about stocking bitcoin we are talking abiut trading.A lot of us is investing in bitcoin through this way. Most of us we are saving the money we earn from bitcoin in order to sell them when the price is higher.
Many and do so do not ?, It will bring greater profits in the long run than in the short term, so many people and acquire it for this
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.
Of course it's beneficial, people who stores their bitcoin for long term obviously as investment, and wait for the price of bitcoin to increase rather than selling it early. You might as well be patient to gain more 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
We all know how benefitial it is whenever we are saving our bitcoin for a long time. The value of bitcoin is volatile so it's always expected that as time passes by, your money will grow more depending on the pump occuring within the market. Many people store their bitcoin longer because they know the value will rise more. This doesn't guarantee you still that your money will always grow so think carefully first. Come share your thoughts
The world is becoming ever more reliant on the internet. It is no surprise that Bitcoin, a secure, global, and digital currency has claimed the interest of investors. BTC is an exciting and potentially lucrative investment. It is open to everyone and provides an exciting opportunity to delve into an entirely new asset class. If you’re serious about investing in bitcoin and see yourself buying a significant amount, we recommend using Bitcoin wallets that were built with security in mind. Ledger Nano S and TREZOR are hardware wallets that was built to secure bitcoins. It generates your bitcoin private keys offline. Investing in bitcoin is no joke, and securing your investment should be your top priority.
If we saved a portion of bitcoin everyday, weeks, or months. Even if it's small it will become big as long as we continue saving bitcoin everyday. When the price goes up and we decided to withdraw it all. It will benefits us because we started only with small amounts. I'm doing this because maybe someday bitcoin could reach above $50k.
Without patience here nothing is possible you need to be patient and to be able to control your emotions when price goes up, cuz in most cases panic selling will cause you to lose money. Bitcoin is meant to be long term investment cuz if we save bitcoin for maybe 10 years outcome can be more then 10 times money invested, this is good some look for opportunities for investment in short terms but this is rarely possible for bitcoin.
Maybe its up to the investor if he can manage to make his money grow more and spend it for good earnings.
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