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Topic: bitcoin benefit of saving for a long time? - page 26. (Read 82307 times)

newbie
Activity: 29
Merit: 1
nothing is good for saving for long time
full member
Activity: 268
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

When you save your bitcoin for a long time then you have a high chance that it will be more profitable and you may earn much money. Yes, you can't assure that you will get a high amount but why don't you try? I think it will be worth it since bitcoin is tested and proven by many people especially those bitcoin users.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
I think yes if you saving your bitcoin for a long time then you will be benefited.bitcoin is future currency. bitcoin price is increasing day by day i think bitcoin will be so much popular in the future. bitcoin is decentralized digital currency and it is use blockchain technology.



I also believed that bitcoin is the future and saving some bitcoin for the future will be really worth it for us because we can easily earn profit from our saved bitcoins and if we know how to manage it like, to increase it into a bigger amount of bitcoin then it will be better because you can earn more profits from doing that and you can achieve that by trading altcoins, for example.
newbie
Activity: 112
Merit: 0
Totally yes you have a benefit on holding bitcoin in a long time of course its price continuously increasing every month and if you hold bitcoin in a long time your money will grow and grow you will be a millionaire soon I hope .
member
Activity: 136
Merit: 10
I think yes if you saving your bitcoin for a long time then you will be benefited.bitcoin is future currency. bitcoin price is increasing day by day i think bitcoin will be so much popular in the future. bitcoin is decentralized digital currency and it is use blockchain technology.


full member
Activity: 196
Merit: 100
Investing on bitcoin can bring us a lot of opportunity specially to financial matters.  Bitcoin will be beneficial when holding it for a long time specially when it's price is increasing because you can make a profit out of it. Its worth to invest with specially these days, world is recognizing the cryptocurrency even though they have a negative approach on it as they think it is a scam.
member
Activity: 238
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



yes we can make it sure that our investment in bitcoin is we can save for a long time if we know how to manage our money....we must think it first for the amount we spend,we buy only the things that we know its important and we can use for our daily needs....we must avoid the life spending money not necessary...
full member
Activity: 406
Merit: 117
The benefit of saving bitcoin for a long time is like having long-term investments that you know for sure you can obtain a significant of money on it. Yes, you can say that you are not honestly sure that your money will profit or not because bitcoin’s amount is fluctuating too much, but in the past year you can see that the person hold their bitcoin of a year make a massive profit on bitcoin.
member
Activity: 85
Merit: 10
Bitcoin is definitely worth to keep, however, you should be aware that diversification is a key! Cheesy
hero member
Activity: 1722
Merit: 528
It depends on the majority of the marketers we have because every year number of users are increasing in the market due to strong growth in bitcoin. So then if you hold bitcoin for the long term then you will make more amount of money for sure.

It is a good thing that you can get profit out of holding or saving your bitcoin not doing anything with it, it is also safe since you are not moving it to other hands or wallet, it is just there. But I don't like the idea of waiting to have an income. Most of the people do that kind of stuffs but my idea of earning is not mostly waiting but also finding and risking. I can't just be rich automatically if I will just wait and do nothing, it may be common to traders and I sometimes do it especially to some of my digital currencies, but mostly, I invest and risk my money.
full member
Activity: 1344
Merit: 103
It depends on whether you want a long-lasting profit but in the current times the profit grows faster and the bitcoin quickly goes down because it's on the market. You'll always see if the bitcoin is excessive, if it's high, sell it for yourself. Leave your previous investment, then wait once again. Then repeat the strategy. Dont depend on the long time investing, just make a strategy to earn step by step only.
member
Activity: 451
Merit: 15
Investor
Bitcoin's value go up because of factors like many people invest to it and other more factors that is happening to the crypto field, just think about this if you invest at the year 2009 you should've got so much money right now because of the sudden and fast movement of bitcoin's value, and think about what will happen in the following years so keep your bitcoin.
member
Activity: 686
Merit: 10
It depends on the majority of the marketers we have because every year number of users are increasing in the market due to strong growth in bitcoin. So then if you hold bitcoin for the long term then you will make more amount of money for sure.
member
Activity: 1764
Merit: 10
Because bitcoin in future can cost 100 thousand dollars or more, everything is possible, so many people don`t hurry to sell their accumulated bitcoins in order to get maximum profit from them in future. Same was 10 years ago when bitcoin price was couple cents, as now we see it costs 11 thousand dollars, that's why people understand that bitcoin is future currency and price for 1 bitcoin will grow in several times at least.
member
Activity: 140
Merit: 11
Thank you for +Merit
As experience and past experience shows, then yes. If the crypto currency market grows, bitcoin will also grow.
newbie
Activity: 9
Merit: 0
Some are choosing to stored for a long time in their wallet because they waiting for higher price of bitcoin,especially to the people who didn't really need money at this moment.
full member
Activity: 196
Merit: 101
the fiat of this money are so tremendous so we dont know. when the moment of this fiat is unknown the move of this crytocurrency is being processed. the main benefit is we earn money. saving bitcoin for a long time can take to the top and become millionaire someday. we all know that bitcoin is pumping its value.
sr. member
Activity: 496
Merit: 254
As we can see now the value of bitcoin is very high and is still unstable, some people sell their bitcoin because of the deflating value, but they shouldn't because the price will go higher as time goes by every cryptocurrency will go high as time goes by this mistake is often done by people who don't wait.

We all know this fact in a very well manner that the market price of bitcoin rises most of the time and the ones who bought the bitcoin few years ago are knowing having much more money than they actually invested at that time. You can also make more money just like they did by simply holding your bitcoins for as long period of time as you can. This will definitely make you earn more money.
sr. member
Activity: 423
Merit: 251
Saving bitcoins is one of the best thing to do with your current bitcoins and there is a lot of good things to be a reason why you should save now. Saving bitcoin for a long time is one of the best option if you buy your bitcoin at a high price like 900-1000$ because you can see in that price chart that long term is still the best option because the price is unpredictable and it can be double or triple the current price now so if you want a good and big profit then long term is the best.

really right up to now the best choice of investment in bitcoin is still with the long-term method, what if we start at the beginning we plant it still at a low price then until now still safe will not mersa loss even though the price dropped drastically
hero member
Activity: 994
Merit: 544
Some people save their bitcoin believing that keeping bitcoins for years will give them a big profit. Because the price value of bitcoin increase from time to time even do it decrease, it gradually increases. If we want to profit our bitcoin just wait patiently. Let’s save!

Because of its price continuously goes up, and as you said even it goes down, it gradually increases.  Thus, saving bitcoin has a good benefit.  It will give us a good future if we save some of our bitcoins.  Its current price right now could double in the near future.
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