bitcoin benefit of saving for a long time? - page 51.

ZedMain

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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.

I agree with you i have a friend who bought it in 2016 in December for something like 800 dollars each but he did not expect it to reach this big after a year and now he is very happy that he bought i regret my choice that i did not buy it but it is never too late to start with bitcoins.

Suguha

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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

We all know that the value of bitcoin is clearly votalie wherein its price changes over time. As of now, there are more pumps than dumps which means you will surely benefit it if you are going to save your bitcoin for a long time. Some people do this in order for them to earn larger profit. You should only have patience and for sure good things will keep on coming to you. Be sure to watch over the price changes in the market too.

Dastramus18

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Yes you can already see the benefit on the charts of bitcoin when the people bought it on January for 950 dollars and did not do anything with it and now it is at 7.4k so i think they indeed have big benefit and a big profit out of bitcoin for just keeping it.

Fulmand

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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.

Paycoinzzz

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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

youdacapt

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Activity: 1862

Merit: 295

GOD is TRUE

As long as I can get bitcoin effectively, then I am entitled to consumptive to 30% for profit in a weekly or monthly period, a larger percentage obvious for long-term savings and especially for capital and crypto investment investments. The most important is balance the balance sheet and maintain to reduce excessive emotional levels.

The Alchemlst

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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 will get their benefit of earning more compared to their initial price when they bought those bitcoins. Theses people do not rush their investments until it reach a certain goal they set and they will wait as long as it take or as they can to earn more from these investments which is what I'm doing also. Take your time, investing is not a race but a test of patience.

marseille

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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.

Blitzboy

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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

martina14

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what do youthink if you are holding a hundred usd worth of bitcoin way back 2010! where are you now and whats your status in life ? i hope i can be on that time Cheesy

i want to be i want it ! SO NOW YOU KNOW WHAT I WILL BE WIshing if i can to a fairy Cheesy

shillberting

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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

Speculation is the only reason to hodl bitcoin for a long time in my opinion. Cant think of any other reason then the benefits from this. The only other benefits are getting "bitcoin" from forks that are happening which is free

money and one couldnt complain against that.

plaintiff77

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My own point of view to this is that, it is much better to save bitcoin for a long span of time because of its fast changing exchange rate. As time goes by, everyone notice how bitcoin benefits all users in its very high rates. So meaning it is a great idea saving bitcoin because of the fact that the longer you save bitcoin the more you experience its fast rising exchange rate. This is one good reason why we consider bitcoin as the number one currency among all others. You get to experince its biggest value even if you stored it for quite some time. So it would be very advisable to save it rather than spend it not in normal manner.

JL421

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there are many benefits i currently save bitcoin to help in hard times but instead of simply keeping it in a wallet i deposited on yolodice and invested in its bankroll i made 15% profit till now we should save by investing in bankroll

King Sastro

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It takes patience if we invest, it is not possible in a short time we can get a huge profit, and this also applies to bitcoin, keeping at least 3 years then we will get profit up to thousands of percent.

bobyhodob

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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.

even just within 1 year bitcoin has increased more than 600%. I remember when earlier in the year of 2017 bitcoin is still around $1000 and this time around $6000 even reached ATH $7500. so it's really been proven, bitcoin very profitable for the long term even short-term.

sheldonnnn

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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 that the benefit of saving for a long time is obvious. Bitcoin's price has doubled in the last few months. So if you save Bitcoin in a wallet for a long time then you can increase your money several times. This is a much more stable way of earning Bitcoin than trading or gambling. This is a great long-term investment.

Kadal Ijo

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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.

JRoa

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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

Yeah It is! It is the reason why many people are holding their bitcoin because of the benefits that they can get in the future. All of the investors have a faith to the bitcoin that it will gonna increase in the following years. Bitcoin has potential so it is better to hold it in a long time.

MRY

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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 can be profitable with higher prices but the profits will also be long, I prefer to use it for trading because it is faster to be able to earn profits

Sir Paijoe

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Quote from: phuclzu12 on November 14, 2017, 01:41:56 AM

Quote from: goldcoinminer on November 13, 2017, 06:15:47 PM

Quote from: benalexis12 on November 13, 2017, 06:05:15 PM

Quote from: szpalata on November 13, 2017, 05:44:31 PM

Quote from: benalexis12 on November 13, 2017, 05:29:23 PM

Yes ofcourse, i would love to save my whole money in bitcoin and wait for 5 to 10 years to grow my money. this is a good question you've got. i will recommend this to my family also about this matters. coz they know that i'm saving my money thru bitcoin..

its profitable to save for a long time because bitcoins prices are on the ever increase ride and no matter how it tumbles it will rise back up again and so you ll not loose if you invest into it in the long term.

that's right people will realize that bitcoin has a real value that it will give as max potential, no matter the price is still bitcoin is always pumping and keeps going up trend.. this is the best investment of a lifetime..

For sure it is because we have seen it dump and now it's back to it's normal trend, when we keep holding our bitcoin we can expect
we'll get great benefits on it because it will make us more profitable as the value will continue to rise.

Instead of wait and hope, why do you not own your chance? You can create the opportunity make money through trading Bitcoin with day trade. Honestly, I don't like saving Bitcoin for a long time though my wallet still have an amount for saving long term, but the profits you can earn from trading will be better than holding.

Right, I also do not like to wait for a long time, I prefer to get profit from daily trading with altcoin, there is no guarantee that the future prices can skyrocket. We never know what's going on with the future so the best thing we can do is find as much profit as possible and in a short time.

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