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Topic: bitcoin benefit of saving for a long time? - page 58. (Read 82331 times)

AE
newbie
Activity: 27
Merit: 0
November 01, 2017, 12:37:27 PM
If we keep educating ourselves we will not gonna be victims of scam, and in fact we will become a big help of the newbie as we will be guiding them on what to do to succeed in this highly risky journey.

That's a common mistake if we are tooo aggressive in money invest because most likely we will gonna make faulse decisions and we will be tempted in investing a coin that is good to be true, however that is just part of a feeling that we need to learn because if we will still gonna make the same faultsagain will not gonna have a long term gain.
hero member
Activity: 625
Merit: 501
November 01, 2017, 12:34:43 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

some people believe in future bitcoin price will be rise maybe multiple from now. so, they keep much bitcoin.
but some people maybe store their bitcoin to buy something in future, and they believe bitcoin will accept in all country, so bitcoin very useful later
How much is target for the price of Bitcoin in future? You can not put a faith unclearly like that to invest a lot of money into Bitcoin, it just makes you get more risky and can loss all your money by the cryptocurrency bubble.
sr. member
Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
November 01, 2017, 12:21:59 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

People stored bitcoin in their wallet because the value of bitcoin was continue increasing which brings profit to them. Holding your bitcoin was a good way also fornthe preparation for your future. When it hits the higher price that he/she is expecting then he/she will sell it and buy again when it price drop. Waiting for the perfect time of holding and selling it was a good strategy to earn more and thats the reason why they are keep storing it in their different wallet.
sr. member
Activity: 889
Merit: 253
November 01, 2017, 12:12:32 PM
They save bitcoin in their wallet so when the time bitcoin price get higher in the market the money they saved with move to higher value.
Best way of earning money. And these people are just making their way in a right place. There are so many people who are very new to this trading. I suggest them not to hold until they become well-known with the profit, loss and risk factors. Then, buy bitcoin and hold them until the prices are going double and triple. Wait for very good time to come and then sell and enjoy.
You are right it is the best way for the making of the money and the bitcoin price and the income will increase more and more till the bitcoin will give the people huge profit and the wealth sol if you buy the bitcoin at the low price and you will hold it for the long time you will be able to give the strength and the power to your income I hold the bitcoin and I am sure soon or late but I will buy the bitcoin and I will get the return for sure.
member
Activity: 97
Merit: 10
November 01, 2017, 09:29:46 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

some people believe in future bitcoin price will be rise maybe multiple from now. so, they keep much bitcoin.
but some people maybe store their bitcoin to buy something in future, and they believe bitcoin will accept in all country, so bitcoin very useful later
full member
Activity: 228
Merit: 100
November 01, 2017, 09:25:09 AM
There is an obvious benefit here due to the price dynamics.It will determine the amount of profit you will get. If you want to be patient you can get a high price and a big profit.

This is correct, the potential of its price is making ourselves an "earner" on the exchanger platforms sometimes. Price goes up sometimes very fast and make us earn a lot. The trend of it is fluctuating kind of trend for traders.
sr. member
Activity: 639
Merit: 251
November 01, 2017, 09:24:23 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

Look at the price of bitcoin now and the moment you wrote this post. Everything is limited to the fact that it is one of the best props for coins where the profit can be several times greater after a few years.
member
Activity: 98
Merit: 10
November 01, 2017, 09:23:20 AM
There is an obvious benefit here due to the price dynamics.It will determine the amount of profit you will get. If you want to be patient you can get a high price and a big profit.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
November 01, 2017, 08:55:06 AM
peoples who held your bitcon for long time now all get turn become billioneries.
And now just a small piecies from their bag should would return their profit for there investment already!
So this is the year of Bitcoin and Blockchain!
Congrats to all HOLDER
full member
Activity: 905
Merit: 113
November 01, 2017, 08:37:10 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 your question is, why are there many people who are holding their bitcoin?, the answer is, because bitcoins price is steadily going on an up trend, meaning, it continues to increase its price. Now, holding your bitcoin will give you a big sum of profit, since we knownthat its price just continues to increase.
of course that's true. with prices that continue to rise for now is not impossible will bring much profit in the future for a long time. I believe in that..
and of course there are many that prove it
full member
Activity: 364
Merit: 100
November 01, 2017, 07:46:28 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


If your question is, why are there many people who are holding their bitcoin?, the answer is, because bitcoins price is steadily going on an up trend, meaning, it continues to increase its price. Now, holding your bitcoin will give you a big sum of profit, since we knownthat its price just continues to increase.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
November 01, 2017, 07:25:18 AM
Holding is best investment way in bitcoin with low risk on it.  Holding bitcoin for several years can bring a big profit.
Holding your bitcoin is good, it's like invest your money into bitcoin but you need to aware that the price of bitcoin is not always go up, the bitcoin price can also going down. So you must know when to withdrawal all your bitcoins before the price going down.
Of course there is a risk and you have to accept whatever the result will be, if you believe bitcoin will be a success
and you see the price dump you need to continue trusting bicoin and just hold because it's going to be a roller coaster ride, you will only win when
you keep holding until you sell it for a profit.
full member
Activity: 728
Merit: 106
November 01, 2017, 01:17:38 AM
Holding is best investment way in bitcoin with low risk on it.  Holding bitcoin for several years can bring a big profit.
Holding your bitcoin is good, it's like invest your money into bitcoin but you need to aware that the price of bitcoin is not always go up, the bitcoin price can also going down. So you must know when to withdrawal all your bitcoins before the price going down.
full member
Activity: 693
Merit: 100
November 01, 2017, 01:00:29 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


It will benefit you bigtime if you have stored your bitcoin for a long time, say for example if you have stored some bitcoins  last year and have a thought of looking at it only by this time, then you'll be surprise on how much it profits. As of now bitcoin value has already raised to $5000+ and that is no joke if you have stored a bitcoin for a long time and also we can say that this is the year for bitcoin.

The reason why bitcoin is keep on increasing its price is because of the demand and the supply is few. Everyone is holding their coins because they are all waiting for the highest value to come up.
Yes that's right but in the last few years i have know many people that did not hold their bitcoin in their wallet because they did not anticipate that the value of bitcoin will hit its highest value ever in the history of bitcoin. I have my friend of mine that he speak with full of regrets that if only he hold his 11 BTC then he added say that he is a millionaire now here in the Philippines. So that is it, that is the benefits of holding bitcoin that is the preparation of reaching again its highest value to trade in.
full member
Activity: 252
Merit: 100
November 01, 2017, 12:44:37 AM
Holding is best investment way in bitcoin with low risk on it.  Holding bitcoin for several years can bring a big profit.
sr. member
Activity: 331
Merit: 250
Blockchain Just Entered The Real World
Yes saving bitcoin for a long term is so beneficial..that,s why people keep on saving bitcoins believing that it will give a big profit in the future Kiss Smiley

I can not wait to wait and prefer to sell when I think get profit more than 15%, if less than 15% then I will hold, and usually after the price reaches the highest position the price will drop and I will buy.
You are also trading as your target, this type is not the trading style of day trader normal. Day trader are the trader do not have any fixed target, they trading follow the move of the market and their strategy also depend on the scenario of every cycle. It can creates positions for these traders and get profits easilier than traders have target clearly as you.
newbie
Activity: 46
Merit: 0
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


It looks like a good investment to save bitcoin, because it's price is continue rising, however, bitcoin has no solid legal support rule from governments, it has very high risk. 
member
Activity: 112
Merit: 10
I myself believe very strongly that bitcoin for sure give very big return as its rate is increasing progressively so if I have bitcoin for sure I will hold for long time to get more benefit from bitcoin. The prediction only not going to help in getting benefit form most of the things but bitcoin is having a track record since inception till date the rate of bitcoin is quiet impressive and expecting the best in future so saving bitcoin for a long time will be more benefit for those invested in bitcoin.
hero member
Activity: 2366
Merit: 594
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Those people believe that the value of what they bought would increase in the future that is why they are storing it or holding it for a long period of time,
As you could see the value of bitcoin keeps on increasing over the past few years and I think it is one of the reason why they want to store it.
legendary
Activity: 1008
Merit: 1060
Even though you already have the money to buy things, you shouldn't. Why? Because most of the things we buy for ourselves aren't really necessary. You are alive right now, that means you are okay. Before you buy something, think if it will really help you with your day-to-day life. Bitcoin is not like fiat money which value is going down through time because of inflation. Bitcoin is the opposite of that. Bitcoin's value goes up and sometimes its growth is a lot more than what you would expect. No one expected the price of bitcoin to be this high. Maybe there is, but no one assumed that bitcoin will reach it this quickly. Just imagine what the future of bitcoin brings.
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