Holding your Bitcoin is probably one of the most promising ways of making money from Bitcoin as Bitcoin grows at a very fast rate and saving and holding a large amount can earn you great returns.
Holding for more than can double or triple the value of your Bitcoin so save and hold as much as you can
Topic: bitcoin benefit of saving for a long time? - page 4. (Read 82307 times)
maybe they invest long-term bitcoins, they believe it will generate huge profits. I think that makes sense, although no one can predict bitcoin prices.
it's obvious because bitcoin is good for saving or investing in the long run, because the bitcoin has a potential increase in a very good price in order to get a good profit
as long as you will keep bitcoin on hold so it can give you a very good profit i,m also holding bitcoin for a long time. 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
because there are only 21 million coins (about 16 mil mined so far) and there is 7.5 billion people in the world.
with simple math with a very small portion of population adopting bitcoin you can figure out how much bitcoin will be worth in a couple of years (like 5 to 10 years).
also looking back you can see bitcoin started from being traded at 10 cents and less and slowly and sometimes rapidly grew to be worth >$1100 today and it has not even slowed down overall!
although i should add that just holding is not a good idea. you should spend something and see the benefits of spending bitcoin and i promise you that you will love it. also try services such as Gyft and Purse to get huge discounts and save up on lots of money.
What else? They are waiting for the right time to sell their coins when the value is high. If you have bigger money/cryptocurrency, the higher the investment. I just knew this a couple of days back. I will add some more to my wallet so I can buy and sell my coins, cash it out when there is enough money..
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
I still hold 10% of my capital in BTC and ETH, it's for the future. I think the BTC will increase to $50,000 or $100,000 in the future, but I do not need to do anything.
I agree with you. I'm quite sure that bitcoin will reach to $50k in the long run. It could be a year, 2 years or even longer. If you're a long term holder then stop checking bitcoin price everyday until it reaches your target.
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
I still hold 10% of my capital in BTC and ETH, it's for the future. I think the BTC will increase to $50,000 or $100,000 in the future, but I do not need to do anything.
By holding bitcoin for a long time ( about more than 1 year ), you will be able to earn a huge amount of money which is even greater than buy real estate or deposit your money into the bank. IN the early of 2017, the price of bitcoin was $1000 but in the end of this year, it was nearly $20000. This means you will x20 your balance if you hold your bitcoin for at least 1 year 
Usually traders who often invest in bitcoin until long period certainly have a target in want because of the rapid price movements will enable them to earn huge profits.
Yes bitcoin has a big benefits when it saves for a long time that's always people say when you are a newbie in this kind of business that's why I keep my coins in my wallet for a long time it took almost 2 months right now. And I'm preparing myself for my big break to come this year as I see bitcoin starting to increase it's price right now.
Yes bitcoin has a big benefits when it saves for a long time that's always people say when you are a newbie in this kind of business that's why I keep my coins in my wallet for a long time it took almost 2 months right now. And I'm preparing myself for my big break to come this year as I see bitcoin starting to increase it's price right now.
That's probably a safe bet until all the Bitcoins have been released, then you will have to account for deflation. But until then, yeah, you should hold onto it.
I was one of those people who wished. Saving and storing bitcoin will be one of the best long-term investments for everyone. And many people believe that bitcoin will be bigger and it will increase the price more evenly
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, it is certain they will get a huge profit because it has been saving Bitcoin for a long time. They will definitely get very positive benefits for their lives. Bitcoin deserves to be maintained for a long time. Come share your thoughts
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
Better investment is long term investment. Many people store their bitcoin on bitcoin wallet rather than on exchange wallet because its much more safe saving on our wallet because many exchanger get hacked and stole crypto on exchanger
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
These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.
Saving is not just the wait for the good time but with saving bitcoin they also play a good role in increasing the price of bitcoin. The price does not always goes up but you can take advantage of this too and obtain even more bitcoin by being able to sell when the price is very high and buy when the price is very low.
For me it is obvious, that just holdin your bitcoin is not enough, who knows for sure, will it cost more in a future, so for me - no laying, go and aggregate them!
With patience to wait so I'm sure I can get a big profit, remember that bitcoin owners need at least 9 years to get prices from $ 10 to $ 14,000 and I'm sure the bitcoin usage trend will continue to improve and grow in popularity.
I think it is being acquired for this purpose, in the short term it is not particularly profitable to sell
Bitcoin is very tantalizing both beginner and old investors, because of the profits it makes that keeps their bitcoin for a long time.
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