bitcoin benefit of saving for a long time? - page 49.

A Feeder

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Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

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 are risking the value of their bitcoin. They have the guts that its value will increase in the long run so that they can gain profit.

kupido14

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Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

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 time past by we know that bitcoin's value decreases and increases in no time. i think the effect of the changing value sets on the mind of those people who still hold and will hold bitcoins in the future because you can still get profit or money in just holding some bitcoin in your wallet.

fazerockzx

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Bitcoin has a benefit of saving for a long time because bitcoin value keeps on increasing so the bigger you save on bitcoin, the bigger the value and benefit you can get. You can really get rich if you save longer, you can use this benefit as an advantage.

dulce dd121990

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SAving bitcoin in a wallet is a way of holding coins for the big opportunity of great earning. Bitcoin today is always increasing..that is why people waits for the right time to sell all their bitcoin at a high prices and that will happen probably in the future!

Andrianla

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Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

I think the bitcoin price will continue to rise. So that is the reason most people are investing some of their money in bitcoin wallet. So are you also interested?

MinMan

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Quote from: sudip76 on November 13, 2017, 01:30:41 PM

Bitcoin holding profitable. bitcoin price increase rapidly day by day no other investment place give profit like bitcoin. hold for 2-3 years it will be double
and get huge profit.

Actually bitcoin prices are going higher and higher and it will not stop even it will cross $100000. Bitcoin is amazingly progressing and making the world an economical global world. I must say all those who are on hold, they are lucky. They are lucky because they have bought bitcoin at such cheap prices and now just by holding they are making the money without doing anything.

beezunus

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Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

saving bitcoin for a long time is beneficial but the benefits will be obtained in a long time as well, I prefer to use some for trading because in trading will benefit quickly

Mary ann Labor

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Yes saving in bitcoin for a long period of time can give benefits because the price has gotten really high, it will bring us a lot of money and can give us a higher profit.

ricardobs

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Quote from: Fulmand on November 16, 2017, 06:04:17 AM

Quote from: Paycoinzzz on November 16, 2017, 05:57:48 AM

Quote from: marseille on November 15, 2017, 04:06:11 PM

Quote from: Blitzboy on November 15, 2017, 03:40:28 PM

Quote from: Kadal Ijo on November 14, 2017, 04:05:24 AM

I do not think we can get a huge profit in just over 3 years, compared with a mutual fund that takes at least 10 years to get 200% profit or gold that takes more than 25 years to get 100% profit.

WEll, I believe that investing your money in Ethereum will give you a better amount of money here. Bitcoin can not easily increase 100% anymore. But ethereum can easily x3 of its own price. Look at the current price and you can see the potential inside Ethereum. Moreover, bitcoin is soon becoming a form of investment and it will have no use in the future but to become a online property

Bitcoin is already an investment for majority of people and now they are not willing to use it as a currency which they were spending in the past and now the main intention of people is to save their bitcoins for a long term to make huge profits from it but the fact is that if you want to make best profits from bitcoins then you need to hold it for a very long term and on the other hand ethereum can give you best profits in quick time.

You are wrong, I do not think Ethereum can gives you good profits than Bitcoin in past days.
The price of Bitcoin has increased again from $5,500 to $7,000 within one week.
While Ethereum just keeps its value around $300. Wink

People who hold bitcoin for a longer time let's say for example those who saved bitcoin since 2015 are now enjoying its benefits because since then the price has jumped off more than triple of its price before. it is better to save bitcoin for now because in the coming days it will surely increase and the price will surely satisfy your financial needs.

Bitcoin benefit of saving for a long time is nothing else than you will earn profits. I have seen a lot of people save their Bitcoin even at the worst time but at the end they will always make profits, which is the reason I started saving my Bitcoins as much as I could.

But sometimes, when I notice price will run down to a lower rate, I will withdraw the one on my wallet and wait for the fall, at which I will then invest the whole money back again. It really pays off and is quite the best and easy way to earn from bitcoin.

kyanscadiel

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Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

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 store bitcoin on their wallet to sell it when it reaches the higher value. And the benefits of doing that is to earn double or maybe triple the value of their bitcoin. And I think it is the safest way to earn bitcoin than invest in trading.

DarkIT

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the profit currently targeted by bitcoin users is, the bitcoin price increase. so, once you keep the bitcoin in a very high amount, it can make you make a lot of money. many people have said that storing bitcoin for a long time will make you have great benefits in the future.

megynacuna

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Quote from: endut15 on November 20, 2017, 09:20:48 AM

Quote from: putrii on November 20, 2017, 07:20:48 AM

Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

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 are sending bitcoin in online wallets because they want to play bitcoin as a long term and sell it when bitcoin is very expensive, keeping in a virtual wallet is safer than storing it in the market.

that's true, most people keep their coins in the wallet. because they are waiting for the price of the coin to rise, and when it is up then they sell it, or the coin is used for other transactions.

That's the strategy of many of us here but it depends when we individually decides to sell because i for instance don't have any plans of selling yet even if it should jump to 100k$ per coin tomorrow. I don't intend spending on the daily basis on grocery and other things yet and so i basically keep them stored for the long term.

MFY151

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Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

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 do not actually intend to hold their bitcoins in their wallet for a long time, most of the investors have a set goal price in the market that they are willing to wait for until they finally reach it it doesn't matter how long, if they reach it within a week I think most of them would sell it and call it a day.

endut15

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Quote from: putrii on November 20, 2017, 07:20:48 AM

Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

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 are sending bitcoin in online wallets because they want to play bitcoin as a long term and sell it when bitcoin is very expensive, keeping in a virtual wallet is safer than storing it in the market.

that's true, most people keep their coins in the wallet. because they are waiting for the price of the coin to rise, and when it is up then they sell it, or the coin is used for other transactions.

zeaderza

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Quote from: aeternus on November 10, 2017, 11:18:58 AM

Quote from: Ardenoss on November 05, 2017, 10:05:02 AM

Unfortunately, proven yes. Bitcoin has been beneficial for people who have been patient with bitcoin for long time. And, I am may include people who experience a loss opportunity because always do sold bitcoin every month that i get from trading.

The fact that you have made mistakes in the past does not mean that you need to keep making those mistakes, now that you know that you can save bitcoin and obtain long term benefits then you need to follow your own observations and save all the bitcoin you earn I know it is not easy but if you want a better future it must be done.

If we look at the graph of the market value of bitcoin since the time it was introduced to this world, then we’ll get to know this thing that the market price of bitcoin has been increased significantly by that time. If you are going to keep your bitcoins in your wallets and that too for quite a long period of time, then this actually mean that you are going to have much more money than you have ever expected.

jhongzjhong

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Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

From the date you posted with this topic if you have a bitcoin in your wallet at that time maybe at this time you now see your gained in investment in bitcoin, storing bitcoin for a long run in your wallet is the best way and have potential in more profitable way. That's the advantage and benefits when you invest in bitcoin.

putrii

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Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

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 are sending bitcoin in online wallets because they want to play bitcoin as a long term and sell it when bitcoin is very expensive, keeping in a virtual wallet is safer than storing it in the market.

Charot12345

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People store their bitcoin because it serves as an investment. They are holding their bitcoin because they are waiting that the value of bitcoin soar high more. And some people are just saving it so that they can get money when an emergency came. And also when you have bitcoins it has interest.

kuncimobil

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Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

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 keep bitcoin for a long time maybe they do not have time for trading or investment in the short time and maybe they wait to get a high price

goldcoinminer

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Quote from: Anne8 on November 20, 2017, 05:46:10 AM

Quote from: CROYA86 on March 11, 2017, 06:10:16 AM

why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Before buying they have been realyzed that bitcoin can make profit for long term.
By doing nothing just by saving profit will come.

That's all what we are hoping, the price will rise as we continue to hold because that way we can expect big profit.
Now that bitcoin is going to $10,000, this will give more excitement to us holders, and for me I would not dump at this price even if I will make profit.
I am sure more success will come so I will continue to hold.

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