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!
It will very profitable because bitcoin price will going to more high and everyone who invest their money in bitcoin and they hold their bitcoin so they will get huge profit and they will anything in bitcoin profit, so long term investment is more beneficial and if you can invest your money so you should hold your money for long term.
Topic: bitcoin benefit of saving for a long time? - page 27. (Read 82307 times)
Sometimes you can see the benefits of saving when you see the value of it goes higher and higher.
Totally wrong, the value of a thing is not the same with its exchange rate. You are definitely talking about exchange rate not the value. The value of bitcoin stays the same for now unless there is a major demands in the future
We should now when we will be saving our bitcoin. Benefits can be seen after a long long long time.
You dont even know the difference between benefit and exchange rate. To be honest, you should be better to stay off from a topic that you dont understand instead of posting nonsense
Yes right, I think bitcoin would be beneficial if we saving for a long time, for example what happened with years ago that the price has risen more than 10x, saving bitcoin now and feel the result 3 years more.
Because they believe that the value of the coin will increase after a long time. They rely on the news as well as the potential that it can bring in the future. Besides they believe it is safe and they do not need to do anything that can still make money
Long term its true but in short term investment only possible way is maybe ICO investment and that is also little risky cuz most are scams but highly profitable if right choice is made. Bitcoin is something else good or bad news dont make such a big fuzz in price now, they create fluctuation but this is all settled now.
Sometimes you can see the benefits of saving when you see the value of it goes higher and higher. Saving a lot of bitcoin during 2010 can be a higher value for now. We should now when we will be saving our bitcoin. Benefits can be seen after a long long long time.
You can buy bitcoin regularly and you will have bitcoins and put it on a cold storage like paper wallets and hardware wallet then you can store bitcoin as much as you can their and you don't have to worry about the hacks or being stolen because those two are safe.If you look at the historical performance of bitcoin, even the last few years, we have seen how clearly it has been able to outperform most other investments out there that is good enough reason to hold bitcoin for a long time
it's called long-term investment, hold the coins as long as possible to reach the desired target price
do not be influenced by the news that causes panic, fluctuations that are not always your normal course, whether you can be patient or not waiting for the coins you have reached the price you target
do not be influenced by the news that causes panic, fluctuations that are not always your normal course, whether you can be patient or not waiting for the coins you have reached the price you target
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
added unto this is they trust bitcoin about giving them profit in a long run,they save funds for the idea that one day bitcoin may get higher than what others expecting..just like last december 2017 when bitcoin reaches $20,000 mark..price that only few believe but becomes reality and those who have faith in this coin celebrates and now more than 50% richer than before Bitcoin is naturally designed to be a deflationary currency, it's the same as any normal investment in that people buy it in the expectation of the price rising so they hold it until it does (or trade it, if they're clever/brave enough to handle the volatile market).
For me the benefit of bitcoin that we gain is knowledge. We must thank and we grateful to know about 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
We all know how bitcoin works and how its value happen to change over time. If you are going to save your bitcoin for a long time, there are a lot of benefits you can gain from it. You cannot gain this benefit right away instead you should wait and be patient too. It is not always beneficial I think because there are some instances wherein the value falls down that's why you should wait for it to rise again.Come share your thoughts
Price of Bitcoin moves too dynamically. It seems to me rather risky to store Bitcoin for a long time. This requires a more stable price for Bitcoin.
i think something like that is waiting better oppurtunity to get the high price
Because they believe that the value of the coin will increase after a long time. They rely on the news as well as the potential that it can bring in the future. Besides they believe it is safe and they do not need to do anything that can still make money
Long term its true but in short term investment only possible way is maybe ICO investment and that is also little risky cuz most are scams but highly profitable if right choice is made. Bitcoin is something else good or bad news dont make such a big fuzz in price now, they create fluctuation but this is all settled now.
You stand to gain huge interest on you capital if the price keep rising.
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.
Yes, and if we keep bitcoin for at least 3 years from now then with 10 btc will make us a millionaire and retire from work, I'm sure this year the price will pass $ 50,000 then 3 more years will reach more than $ 500,000.
I think that Bitcoin price would be near $100000 till the end of 2019. No bank can give you so much profit from deposit offer. Benefit is obvious.
Because they believe that the value of the coin will increase after a long time. They rely on the news as well as the potential that it can bring in the future. Besides they believe it is safe and they do not need to do anything that can still make money
bitcoin has given the fact, so of course, everyone must believe. every year we can see the movement on the rise and in 2017 prove all those who hold the long-term benefit is enormous.
currently I think the opportunity to buy more and let's take a look at this year for a higher price.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
As I've notice they store their bitcoin because everyday, month or a years the bitcoin continue on rising it's value.That's why people right now is eager to have a bitcoin for earnings because we all know what's the capability of bitcoin when it's increase the value. Come share your thoughts
big amount of profit is bitcoin's benefit of saving bitcoin for a long time and for me it is strategy...you gamble then you win when bitcoin price rise again
Because they believe that the value of the coin will increase after a long time. They rely on the news as well as the potential that it can bring in the future. Besides they believe it is safe and they do not need to do anything that can still make money
That is indeed the best thing for the lazy person is to hold bitcoin for a long time because the long term investment strategy will bring a lot of positive effects to the holders since they don't need to do anything like technical analysis because the only thing that they need to do is to wait for a long time and after that then they can expect some profit if they invested in a great coin like bitcoin. Jump to: