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Topic: bitcoin benefit of saving for a long time? - page 56. (Read 82307 times)

hero member
Activity: 812
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November 05, 2017, 05:01:01 PM
while it is profitable to store...but this is for the time being...growth can't be eternal...and those who won't sell in time, will lose a lot
newbie
Activity: 76
Merit: 0
November 05, 2017, 04:37:32 PM
Whoever saving Bitcoin in the last 5 years will be rich for now. When the price's Bitcoin continue to reach to the top and there is no sign of decreasing.
legendary
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November 05, 2017, 04:11:23 PM
Funny to see this thread from march.

What benefit ? Well 600% maybe ? Lol
full member
Activity: 1008
Merit: 101
November 05, 2017, 04:05:45 PM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


The bitcoins value before last 2012 is $30 and if you compare how much is the gap between the value today the you will notice that it massively increase and there are a lot of predictions coming from professional traders that bitcoins will reach $10 dollars so you better hold longer till it reach that value.
I agree with you. someone will benefit a lot just by saving bitcoin only. and prices are still going to increase for several months and even years ahead. it makes so much sense to me
full member
Activity: 364
Merit: 100
November 05, 2017, 02:43:34 PM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


The bitcoins value before last 2012 is $30 and if you compare how much is the gap between the value today the you will notice that it massively increase and there are a lot of predictions coming from professional traders that bitcoins will reach $10 dollars so you better hold longer till it reach that value.
sr. member
Activity: 686
Merit: 250
November 05, 2017, 02:33:11 PM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
The point is that's aims to gain more profit when selling it, and they may have been steadily predicting that bitcoin price movements will leads to even more higher price movements. And I think indeed this really can guarantee a promising advantage, has been proven seen that bitcoin price continue to moving higher than before (previous years).
But in the history, you also knew the price of Bitcoin has dumped to lowest price after reached all time high price in 2013. You should to be ready this situation, because the price of Bitcoin can also dumps to low price again like 2013. The history can repeat anytime, we do not know when it happen?
We do not know when or if that is going to happen at all the circumstances have changed a lot since then there is no longer an exchange as big as Mt Gox was back in the day so the possibility of a crash like that happening again are very low, however a crash may come if all the countries of the world declare bitcoin illegal.
member
Activity: 98
Merit: 10
November 05, 2017, 10:32:44 AM
Many people store their bitcoin in their wallet for a long time because the value of keeps on increasing so if they save it for a long time possibly they will get a big amount of money in the future.
full member
Activity: 364
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November 05, 2017, 10:19:24 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.

Everyone who invest in bitcoin experienced loss of profit when they are new and that's how your'e going to plan on your next move to earn more profit. Saving is the best way to earn more profit in this industry because the value of bitcoins is keep on increasing.
full member
Activity: 518
Merit: 100
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.
hero member
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November 05, 2017, 03:59:04 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



The only thing that encourages bitcoin investors to hold it longer is because they know that bitcoin's value will keep rising in the coming few years. This is the best benefit they can get from bitcoin.
yeah this is one of the factor but their are several more factors that make bitcoin investors motivated for investing, like security and tax free savings, when investor invest in bitcoin he don't have to worry about their asset because the privacy depends upon himself, and there is no tax by government through savings, these assets are totally under your command, no third party involvement.
full member
Activity: 209
Merit: 100
November 05, 2017, 02:48:25 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

If you are going to look in the value of bitcoin nowadays, you can conclude for sure that saving it for a long time will benefit you a lot since the income you have will have more chances to grow. It is one of the best features of bitcoin, its volatility, but still you should be aware on what's happening in the market so that you may know whether it is a good time saving or not since there are a lot of unexpected things happening on it everyday.
full member
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November 05, 2017, 02:45:28 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

The value of bitcoin is known to be volatile and it is either decreasing or increasing over time. If you are going to save your bitcoin, you should make sure that thw pump is occuring so that you will be able to reach your target as soon as you want it to be. You can make sure that your income will grow if ever you are going to save it for a long time. Many people are already doing it and they find it ideal for those who are aiming large profit.
full member
Activity: 344
Merit: 105
November 05, 2017, 02:41:41 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


Yes !! It is a lot of benefits for saving a bitcoin for a long time, specially for those who started in the year 2012, they have a lot of money now, because the bitcoin price is huge now, the value of one bitcoin is raise to 7k$+ imagine if you have a lot of bitcoin with your saving you now one of the millionaire in the world.
hero member
Activity: 661
Merit: 500
November 04, 2017, 02:54:37 PM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

With the increase in price by such a great margin it's better to buy it earlier. Without investing a lot of time and money you could be making easier profits. Bitcoin is the future of financial markets, so holding it seems to be the best option rather than investing into other investments which offer low rate of return.
full member
Activity: 476
Merit: 101
November 04, 2017, 11:52:40 AM
Bitcoin believer who holding for long time, they are now enjoying the continues increasing profit of Bitcoin , imagine the happiness of those who purchased Bitcoin 2 years ago and keep there Bitcoin.

Most of them are seating and having a pleasant time on watching their Bitcoin soaring.
full member
Activity: 574
Merit: 108
November 04, 2017, 10:51:15 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 bitcoin is volatile which simply means that as time goes by, the value of it will change into either higher value or lower. Saving your bitcoin is advisable if you want to make your income grow larger but if you are already satisfied then you could just sell or spend it right away. Bitcoin has made many people's lives great and successful and most of the time, those who wait are the ones to earn big.
sr. member
Activity: 728
Merit: 254
November 04, 2017, 10:48:36 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

Bitcoin has been made famous because of its value which is growing continuously which has made more and more investors to get attracted with it. If you are going to invest your bitcoin for a long time, the possibility that you will earn larger amount will grow more since the value of bitcoin is rising over time. This just simply means that being patient is adviced for those who are aiming to have a higher profit here in bitcoin.
newbie
Activity: 55
Merit: 0
November 04, 2017, 03:38:58 AM
Yup!! I think it's better to keep bitcoin with yourself because bitcoin is volatile coin which is raising its value day by day in the today's market platform as we can see it and you should keep it with Yourself in your wallet because at this place scamming becomes a trend for earning money....so I would suggest you that you should keep it in wallet for future reference to get profit of very big amount.
hero member
Activity: 644
Merit: 500
November 04, 2017, 03:28:18 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



The only thing that encourages bitcoin investors to hold it longer is because they know that bitcoin's value will keep rising in the coming few years. This is the best benefit they can get from bitcoin.
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 that its market value is increasing significantly since that time. I think of holding of bitcoin and that too for quite a long period of time as the best thing to do. It will for sure help you in making a very good amount of money. All you need is to sit back and relax.

sr. member
Activity: 798
Merit: 253
November 04, 2017, 02:24:59 AM
The once storing btc for longer term/time get more profit as the price is going high so it's a good long term investment. The longer you hold the higher will be your benefits.
It is good to invest the bitcoin for the long time because the other countries are getting in the bitcoin now and the value for the bitcoin is now increasing more and more, I love to buy the bitcoin and to save for the long time, it is not very difficult to hold the bitcoin now because a lot of the wallets are here and the price of the bitcoin is now increasing more and more so you will be able to get the profit if you will save for the long time.
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