Topic: bitcoin benefit of saving for a long time? - page 37. (Read 82307 times)
There is a lot of benefit for saving bitcoin for a long time. For example by then end of 2015, the price of bitcoin in US dollars is only $400. If you are going to save your bitcoin let's say for example 1 bitcoin so that's $400 in currency, then look to the time we have now, which has a value of almost $19,000. Look what you have gained in 2 years.For two years you have gained $18,600 which is so big already. That's how saving it benefits the holder.
To invest and become a hodler the benefit is to simply increase their funds from when they started. I think most don't care about gaining BTC value but once they hit their USD benchmarks they are happy. Other than making money they get to say they were apart of one of the biggest changes in human history.
I do not think I need to wait until a long time, compared to other types of investments such as gold, land, or stock, it just takes a year for bitcoin to profit up to thousands of percent.
Considering year 2017 alone you are right but it hardly goes past 1000% yearly and so you should be realistic with yourself in order not to appear disappointed should things not turn out the same way in subsequent years.
I do not think I need to wait until a long time, compared to other types of investments such as gold, land, or stock, it just takes a year for bitcoin to profit up to thousands of percent.
There is a great benefit if you store bitcoins! Imagine the price before is already big, and if you saved bitcoins that time, you have made bigger bitcoins by now because bitcoin's price today is much bigger than before. Maybe know, you cannot see the effect of storing bitcoins but after weeks or months, you will see the good difference.
Patience is the only key to be successful because bitcoin is already unstoppable, it's going in an uptrend way although there is a possible that it will dump.Put your trust on bitcoin when you invest and be optimistic that this will become the most popular payment method online in the future.
Obviously, keeping Bitcoin in the long term means more money in the future, because prices continue to grow and improve with each passing day.
By storing or holding your bitcoin in your wallet will generate an income. When the value goes up, your money in the wallet goes up to. Simple as that. Not too risky like investing.
By storing or holding your bitcoin in your wallet will generate an income. When the value goes up, your money in the wallet goes up to. Simple as that. Not too risky like investing.
I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way. Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.
True but it is not easy to save long time. Image you have 10 bitcoins in January this year and by now you collected few more. Think will you save then or you would be temped to sell them with this current price. If we look on price it really not that easy to make this decision it actually really hard. Price is more then anyone imagine so think 10 btc is quite the sum now.
In the result of long term investment bit coin pay the huge profit to the people who invest in bit coin and I think in future the price of bit coin will be increased more may be next year as some economist are predicting that the price of bit coin will reached on almost 30000$ dollar in 2018.
There is a great benefit if you store bitcoins! Imagine the price before is already big, and if you saved bitcoins that time, you have made bigger bitcoins by now because bitcoin's price today is much bigger than before. Maybe know, you cannot see the effect of storing bitcoins but after weeks or months, you will see the good difference.
Patience is the only key to be successful because bitcoin is already unstoppable, it's going in an uptrend way although there is a possible that it will dump.Put your trust on bitcoin when you invest and be optimistic that this will become the most popular payment method online in the future.
Of course, Yes. Bitcoin is a technology based future investment that no longer needs physical form like an investment that has been in effect so far. Bitcoin provides benefits even if only held. And i think everyone can do it, easier and simpler than any other investment.
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
People are using their Bitcoins for a good purposes. They can buy their wants and needs. But, Sometimes you will notice that a Bitcoin user cant waste his/her money to a useless things. Right? Because They holding it. And Holding is one of the big things that a Bitcoin user should always do. Bitcoin is increasing and increasing its price so that many people are holding their Bitcoin and start to earn and earn. The more they earn, The more they will gain Profits. In holding, You're not taking a risk like investing, You're just trusting bitcoin that it will increase its price again and again.
Bitcoin price is guaranteed to increase in the future, it's a risk-free way of aquiring a large amount of money, and that's why people do it. Some people also trade their bitcoins, and they're usually more versed in the art of market trading, which not everyone is able to master.
I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way. Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.
Saving bitcoins will always give you positive results and higher profits as people who are holding their coins since last 1 or 2 years have made some good profits by now and if they continue to hold longer then they will be making even very higher profits in future as the supply of bitcoin is limited and when demand will reach on the top it will take the price of the bitcoins to the roof so saving it longer would be more beneficial for all of us.
I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way. People started to save bitcoins in their wallets for long run purposes. They sometimes make spendings with bitcoin. They spend it and then buy it back. The significant thing is that getting the bitcoins back with cheaper prices.
I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way. Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.
True but it is not easy to save long time. Image you have 10 bitcoins in January this year and by now you collected few more. Think will you save then or you would be temped to sell them with this current price. If we look on price it really not that easy to make this decision it actually really hard. Price is more then anyone imagine so think 10 btc is quite the sum now.
I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way. Bitcoin benefit of saving for long time is better than saving for the short time. The long time saving give you a good amount of money, because the value of the bitcoin is rasing and as long as you save bitcoin it create high income as well. as the value raised in the last month is 10k$ while the value raised for the last week is 3k$. It means the long time you save bitcoin the high will be the profit.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
they wait till price jumping high numbers just if you back 1 year and buy 1 bitcoin now you can get extra 15,000$ freely.Come share your thoughts
for international trading they use bitcoin to remove some taxes
I think they stored bitcoins to their wallet just for them to save and wait some time for them to sell it. And they protecting their bitcoin to some scammer.
Whosoever they are, if they are holding bitcoin for a long time and not wasting them on useless things, it is going to make them rich very soon. These people who are holding bitcoin at the moment are future millionaires and billionaires because the way bitcoin is increasing in value, it is quite obvious that in the near future, it would not be really easy for common people to won bitcoin in any way.
Bitcoin is the best asset for the future. I think that's one of the reasons people keep Bitcoins in the future. Besides the unstable Bitcoin price makes one think to keep it. That's just some of the reasons I mentioned. A definite for now Bitcoin has become everyone's choice for investment. Because the price of Bitcoin is very high. And most importantly you can control your emotions. Because of the panic that we do of course we will do the wrong thing, need a very mature calculation in making decisions.
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