Topic: bitcoin benefit of saving for a long time? - page 42. (Read 82331 times)
This topic is very relevant right now. As we all know, Bitcoin reached a remarkable rate of $15,000. Even reaching $17,000 in some countries. If you have stored your Bitcoin for the longest time, now may be the right time to finally cash out a part of your money because it has multiplied in value significantly. The situation with regards to the current rate of Bitcoin is a big realization on why we should hold on to our Bitcoin because of it's volatility, its rates can reach heights we never knew it would.
Why do people hodling bitcoins for a long time by the way? it's because it they don't want to earn just an ordinary profit but a big time profit because keeping your bitcoins in your pocket means you are investing for your future.
Despite the fact that it’s being said that Bitcoin is highly volatile, people still believes in Bitcoin will keep going higher and higher without running down. I don’t know if I should say that’s really crazy or what. Well, I also hold, and I have made a huge profits ever since hitting $10 thousand for each of my BTC. I see people discussing whether they want to withdraw or keep on investing. I’m thinking of withdrawing the profit I have made so far, at least to prove that I have achieved something.
Yes, There are some other altcoins which are going to have some good future because they are simply following the footsteps of bitcoin.
Why do people hodling bitcoins for a long time by the way? it's because it they don't want to earn just an ordinary profit but a big time profit because keeping your bitcoins in your pocket means you are investing for your future.
Despite the fact that it’s being said that Bitcoin is highly volatile, people still believes in Bitcoin will keep going higher and higher without running down. I don’t know if I should say that’s really crazy or what. Well, I also hold, and I have made a huge profits ever since hitting $10 thousand for each of my BTC. I see people discussing whether they want to withdraw or keep on investing. I’m thinking of withdrawing the profit I have made so far, at least to prove that I have achieved something.
This would be a good gauge on how patient you are with your investment. Are you going to sell if you see that the price is going back below, say $800? Or are you going to continue holding and wait for the price to recover? But if you look at it in the medium term, in the last few years, bitcoin has been worth holding because of how it has increased in price massively. Just ask those who have been holding since the price was still at $200 and they would be so happy to tell you that good things come to those who wait.
Bitcoin give you cash, sparing them for quite a while yet I think contributing the bitcoins is preferable path over sparing of bitcoin. Sparing will produce just that sum which will bring up in the estimation of the bitcoin while speculation profit and the raised esteem is a surplus for you in venture. Speculation likewise create wage for you in future.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
Bitcoin is a digital currency and it was very nice to this coins to earn more profit in the future. You can also start to earn more coins as long you invest on it because the value will keep on increasing as long as there are so much interest on it.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
You cannot totally conclude that saving bitcoin for a long time would benefit you because there are still some instances where as you wait for the price to rise, it falls more which ends up making you disappointed. I think saving for a very long time will only be applicable for those who are seeing that the value in the market is rising and there's no trouble occuring.Come share your thoughts
I think saving bitcoin is a good idea and one of the best thing to get a higher profit and It is the most common and easy method of making big profits with bitcoin that is simply holding it for a long time. people save them because they could sell them at the highest price possible. a little risk by that person turns out to be the life-changing investment for him.
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. If that is not good enough reason to hold bitcoin for a long time, then I don’t know what is. As with any other form of investment, there will be volatility and risks involved but as long as the price keeps its long term growth intact, I will keep a portion of my bitcoin stored.
this kind of saving is usually what i called long term investment. whether this coin prices goes up or down, they'll basically just see the development of its prices 
Im new to bitcoin so Ill base my opinion on what my friends are saying. Well according to my friends the reason why they store bitcoin longer is that bitcoin’s value gets higher through time and because of that you nees patience so that the hardwork you spent in canpaigns will be worth it.
for me to invest in bitcoin for a long time is not the best idea, because I don't trust it completely...to earn quickly - better...for a long time I prefer to invest in gold
- I do not think so, investment in gold can be said to be a very good and safe choice but profit is not so high, and we should remember our purpose when investing is we want to make money, we want to make a profit, so I still think investing in bitcoin is the best idea, it's better than gold. Especially when we talk about the profit that bitcoin can bring, it is huge, you should trust the bitcoin because many people believe in bitcoin and they have earned a worthy reward. Bitcoin is the trend of the future, saving bitcoin for a long time, profits will increase over time and your life will also become better than ever in the future, do not miss this opportunity, if not, you will regret 
It is very obvious that holding and saving bitcoins can be very useful in the future. If you hold more bitcoins now you can sell it for tomorrows high value and that is the benefits you can get.
for me to invest in bitcoin for a long time is not the best idea, because I don't trust it completely...to earn quickly - better...for a long time I prefer to invest in gold
Saving Bitcoin is the way to earn profit too, because the price is increasing insane day by day. So insteading of investing or trading them, just keep them and simply you're having the profit.
Yes, saving them or holding them will give you profit, but I think you are just being reliable on how the price moves and pumps. I think you can also risk your own money to invest, we can't just rely on the pumps that is happening since we don't know what will be the movement of the market and how will the price behave in the near future.
people save them because they could sell them at highest price possible ,yes it give them profit ,a person who invested 5000 in bitcoin in 2010 the ,he is millionaire, a little risk by that person turn out to be life changing investment for him.
Nope i do not think fiat will be extinct within the increase of bitcoin because wstill need document cash just to spend our expenses and need. If the whole world and banks or establishment is changing nicely in bitcoin maybe money is going to be useless.e
Yes, It is the most common and easy method of making big profits with bitcoin that is simply holding it for a long time. Bitcoin is the one which is all the time increasing in value and there are numerous examples of bitcoin investors who are now living a lavish life just because they had invested into bitcoin at earlier stages and held it for a long time believing in the tendency of bitcoin to touch the sky. 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
well in my opinion they keep bitcoin in their wallet because they are waiting for the right and perfect timing to exchange it to the real money that we are using. the value of bitcoin is increasing and going down but they still hope that time will come that its value will increase as the value that they want.
This year we have a big increase and I know there are a lot of investors who have cash out their profit already, despite some are selling, it's still
very evident that the demand is very strong due to the continues price increase of 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
Come share your thoughts
well in my opinion they keep bitcoin in their wallet because they are waiting for the right and perfect timing to exchange it to the real money that we are using. the value of bitcoin is increasing and going down but they still hope that time will come that its value will increase as the value that they want.
Saving bitcoin now is a good idea and one of the best thing to get a higher profit. And Saving bitcoin for a long time is one of the best option that can will buy and take our bitcoin in the highest prices so much better you have save bitcoin now because there's a time that the price value of bitcoin will be increase. And it can be change the current price now into the desire prices we want to meet to get, so long term is the best.
Saving Bitcoin is the way to earn profit too, because the price is increasing insane day by day. So insteading of investing or trading them, just keep them and simply you're having the profit.
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