I think that there is no unambiguous answer...you need to look at the calculations and news...it will be better for me to save it for a long time, because I believe in its power...
I can say that there is a definite answer on this, when we are saving bitcoin for a long time we are all benefiting on it. Look those people that believed to bitcoin and did hold for a longer time, they are now good for holding and are enjoying the profit they've made in bitcoin. And that's why bitcoin saving for a long time will give benefit. 
Topic: bitcoin benefit of saving for a long time? - page 45. (Read 82307 times)
Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.
I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder
Yes if your plan is to hold bitcoins for next 4 to 5 years then you can buy it even now as in next 5 years the price of bitcoins will be really high but to hold that long you should have patience and should not disappointed even if you see downfall in the price but if you are looking for quick profits then this is not the right time to buy bitcoins.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Proper bitcoin can help us save money for a long time, but what it can bring to the other is profit. Come share your thoughts
Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.
I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder
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
Many people stored their bitcoins in their wallet
because they know the nature of having bitcoin as an investments,they wanted to double or triple the profit as times goes by,thus everyone knows its price is volatile but every investors take risk in their money.Holding bitcoin is like a gamble but the advantage is it has a great potential that it is more profitable through time and it is more beneficial if it is widely known around the globe.. even if there were downfall most important is it can recover in a small period of time.
Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.
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
Yes there has also a benefit that can get when you save your bitcoin in a long time. each day bitcoin value keep on increasing that is why maybe the reason why your bitcoin in your wallet keeps on increasing too,. If you save our bitcoin in your wallet it may your bitcoin be doubled.
It is true that most of the people are storing their wallet to the bitcoin because they know that they can get many benefits by holding it. The price of the bitcoin is continuing to rise up and we can become rich person in the future if we hold many bitcoins today.
Many consider bitcoin as retirement fund, me as well. Trying to collect the amount that i think will be good for me.
However this is also good think for some saving in long run but lately is good for short run as well. We saw that price of bitcoin rapidly go up and this is good for those who waited this moment and for those who invested some amount a month or two ago, they made quite profit.
So from some perspective depend what is good for you at the moment.
However this is also good think for some saving in long run but lately is good for short run as well. We saw that price of bitcoin rapidly go up and this is good for those who waited this moment and for those who invested some amount a month or two ago, they made quite profit.
So from some perspective depend what is good for you at the moment.
When the price of bitcoin is increasing rapidly that is the benefit you can get for saving your bitcoin for a long time. As time goes by and bitcoin price increases then the more you earn a lot when you exchange your bitcoin to real money. Although we know that not all the time bitcoin price is high it is fluctuating and not that stable.
If you are saving for a long period of time you can expect you will be more profitable if you continue being patient.The price will pump as we have witness most of the time but it can also drop like hell, so it's your patience that is necessary for you to be able not to go panic.
Saving might be a boring way to keep your money safe and alive for a long time specially when you are just saving it into a coin bank or holding it into your customized storage of money. But in bitcoin, saving and holding is the simplest yet the most effective way to keep your money growing because from your initial earning, you can still gain profit because bitcoin's price is volatile enabling us to gain an income. Also saving has a great benefit just like using what you have save for future purposes.
When the price of bitcoin is increasing rapidly that is the benefit you can get for saving your bitcoin for a long time. As time goes by and bitcoin price increases then the more you earn a lot when you exchange your bitcoin to real money. Although we know that not all the time bitcoin price is high it is fluctuating and not that stable.
I think that there is no unambiguous answer...you need to look at the calculations and news...it will be better for me to save it for a long time, because I believe in its power...
For me, the benefit of saving your bitcoin for a long time is the increasing amount of bitcoin. We all know that bitcoin doesn't have a stable price, it will increase, or it will decrease. But if holding you bitcoin, you will notice that at the end of the day, week or month, bitcoin price rapidly increase, and you can earn a lot of money if you sell it. 
If the price of Bitcoin will increase easily as your said, why do many trader lose their money in Bitcoin trading? The whale control the price, so, they always change the scenario to correct the trending and make the mentalitity of traders become panic.
For me, the benefit of saving your bitcoin for a long time is the increasing amount of bitcoin. We all know that bitcoin doesn't have a stable price, it will increase, or it will decrease. But if holding you bitcoin, you will notice that at the end of the day, week or month, bitcoin price rapidly increase, and you can earn a lot of money if you sell it.
Bitcoins is a volatile currency, it's price drops and high in fraction of seconds. As bitcoins from the day of its origin is increasing and showing its fluctuating nature. Bitcoin is continously growing and so as it's prices and demands in populations. Benefit of bitcoin saving accordingly to me is first of all that bitcoin prices will increase it will benefit that the amount I bought will be less and the amount they reach on savings will be of high difference and high difference means higher profits. Bitcoin is continously surprised us with its benefits and advantages. And we can use it as a asset also.
i think its value can be compared to how the value of stocks inflate and deflate. like stocks, bitcoin's, as per economic terms, "book value" may increase and decrease in 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
I store my bitcoin for a long time because i know in the future keeping bitcoin will give you more profits. for me bitcoin it's a form of investment. I found out investing in bitcoin is more profitable unlike you investing in gold.
Good approach for people who wants a better value of bitcoin in the near future. They are waiting for a high rocketed value.
this is true, bitcoin will not get any disturbance, including taxes.
so bitcoin is one way to save and will be safe for a long time. maybe this is one of the right solutions for people who are not trusted with bank or regular curency
so bitcoin is one way to save and will be safe for a long time. maybe this is one of the right solutions for people who are not trusted with bank or regular curency
Jump to: