Topic: bitcoin benefit of saving for a long time? - page 63. (Read 82331 times)
Yes it is true because in my opinion there are several factors that support it such as halving day where the amount of bitcoin will be reduced by half on each block of mine and will continue periodically until the mine block can not produce bitcoin again, and that I think is making bitcoin prices will continue to rise, making it suitable for long-term investments.
The benefit could make you a millionaire. Remember way back when bitcoin cost only 50 dollars and you bought even 1 coin. That coin today almost cost a 6000 dollars which your 50 dollars could have been. Also this is because bitcoin is constantly growing since then.
I wish I invested when bitcoin had that price even if I did not bought enough to make me a millionaire I will still get amazing profits but since I did not then I’m like most people here in the forum trying to get bitcoin the hard way and putting all my effort behind it.
That's probably a safe bet until all the Bitcoins have been released, then you will have to account for deflation. But until then, yeah, you should hold onto it.
Just look at all the none moved in years Bitcoin in wallets, are these people saving and waiting or are they simply lost, there was some talk of claiming old accounts, I am not sure on the progress or processes involved in this. Lots of money just sitting there stale, hopefully the owners will wake up.
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
Well I guess those are the people who invest in Bitcoins for a very long time and save their money in Bitcoins and just forget that they have something in Bitcoin have money in their bank as well, they are the investors of long run they just invest money and forget about it and after a year or so they come back and earns profit.
well if you save for a long time you can be millionaire
So much benefit if they would do that,maybe 10x or greater than that.Some people save their bitcoin rather than investing because they wNt it more secured and afraid of losing.
Well I don’t think so to keep bitcoin for as long time because bitcoin has a good quality that it can change his price in a week so fast saving can give you fast profit and day by day bitcoin price is going high so just need little focus on market trade when you come to know that the price is low so buy and wait for a little time when the price go then sell it out. 
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 believe that saving bitcoins is better. As it's prices are skyrocketing. Bitcoin is become a major investment plan in last few years. It's global currency, There's many advantages of bitcoin that's vey helpful to our daily lives. That's why bitcoin is the most know and most valuable digital currency in the cryptocurreny world. Although the fee per transaction is quite high, this is the biggest disadvantage of btc. The biggest advantage of btc is that users can sit in one place and still be able to make transactions easily and make a significant profit.easy transaction. It's price keeps increasing and increasing. If you have bitcoin or invest in bitcoin your money may double or triple. You can use bitcoin as a mode payment.Come share your thoughts
their investment will not hesitate to put their money at risk, it's risky but the reward is extremely good so it's worth taking the risk.
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 believe that saving bitcoins is better. As it's prices are skyrocketing. Bitcoin is become a major investment plan in last few years. It's global currency, There's many advantages of bitcoin that's vey helpful to our daily lives. That's why bitcoin is the most know and most valuable digital currency in the cryptocurreny world. Although the fee per transaction is quite high, this is the biggest disadvantage of btc. The biggest advantage of btc is that users can sit in one place and still be able to make transactions easily and make a significant profit.easy transaction. It's price keeps increasing and increasing. If you have bitcoin or invest in bitcoin your money may double or triple. You can use bitcoin as a mode payment. Come share your thoughts
I think the only reason they are saving bitcoin is because of a high return of investment. They buy bitcoin and hold it for a long time because they believe that the price of bitcoin after a year or two will increase which is a good strategy.
Saving bitcoin will get a big profit in the future. I buy some bitcoins when they were 400 usd but now they nearly get 10.000 usd. So i belive in kepping bitcoin is the best way for investment and profit growth Yup even I bought when the price of bitcoins was around $300 2 years back and I am still saving those coins in my wallet and if I sell them now then I will be making huge profits but I believe that price can go much higher in coming months and that would be the best time to sell 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
Come share your thoughts
I store my bitcoin on my wallet because I want to save my money. Also, everyday the currency of bitcoin change so its better to store it for the lucky that make your money be bigger. Saving money is really important for me because in case of emergency there's a way to get money. If you save a lot there's a lot of profit that you can get like increasing your money and you can save a lot.
because human life is full of the unexpected. and Bitcoin is an asset to save your money. other than that there is hope that Bitcoin prices will rise further.
I think the only reason they are saving bitcoin is because of a high return of investment. They buy bitcoin and hold it for a long time because they believe that the price of bitcoin after a year or two will increase which is a good strategy.
Saving bitcoin will get a big profit in the future. I buy some bitcoins when they were 400 usd but now they nearly get 10.000 usd. So i belive in kepping bitcoin is the best way for investment and profit growth Yup even I bought when the price of bitcoins was around $300 2 years back and I am still saving those coins in my wallet and if I sell them now then I will be making huge profits but I believe that price can go much higher in coming months and that would be the best time to sell bitcoins.
I think the only reason they are saving bitcoin is because of a high return of investment. They buy bitcoin and hold it for a long time because they believe that the price of bitcoin after a year or two will increase which is a good strategy.
Saving bitcoin will get a big profit in the future. I buy some bitcoins when they were 400 usd but now they nearly get 10.000 usd. So i belive in kepping bitcoin is the best way for investment and profit growth I think the only reason they are saving bitcoin is because of a high return of investment. They buy bitcoin and hold it for a long time because they believe that the price of bitcoin after a year or two will increase which is a good strategy.
Well its always about profit. When you make an investment, your objective would be to make profits from that and that's why many people are interested in bitcoin. It can't be denied that bitcoin's profitability is there for us to take advantage of and a good way to do it is to just stay put and let your btcs work for you
I think the only reason they are saving bitcoin is because of a high return of investment. They buy bitcoin and hold it for a long time because they believe that the price of bitcoin after a year or two will increase which is a good strategy.
The benefit of saving bitcoin for a lomg time, is no doubt its capital gains, if we look at those people who started investing in 2009, wherein bitcoin was very cheap, we can see them nownas millionaires if they hodl. As of now, the price of bitcoin alrady breahed 6000usd, to many that price is already high, but if you bought it a few years ago, you now have an enormous capital gain, the same is also tru even if you buy bitcoin now at its value, just wait a few years after you purchase, the price will still go up, and you will have capital gains, but it is up to you on how you want to invest it. We should also keep in mind the saying, money you save now, will save you tomorrow, it is also true.with.bitcoin.
I think not, bitcoin is also beneficial if we keep it for a short time, for example that happens with today that goes up over $ 340 in 24 hours, but if we keep for a long time then we can get profit up to hundreds of percent.
Yeah we cannot say saving for long is beneficial or not just observe the trending of prices when the price continuously goes up then that's the time to save longer because for the next few months your BTC will double, but when the prices goes to a roller coaster ride it is beneficial to hold short because you will earn it in just short time. 
I think not, bitcoin is also beneficial if we keep it for a short time, for example that happens with today that goes up over $ 340 in 24 hours, but if we keep for a long time then we can get profit up to hundreds of percent.
Yeah we cannot say saving for long is beneficial or not just observe the trending of prices when the price continuously goes up then that's the time to save longer because for the next few months your BTC will double, but when the prices goes to a roller coaster ride it is beneficial to hold short because you will earn it in just short time.
Bitcoin is more than just another Savings Instrument, it's investment - if you don't invest, bitcoin is just another paper money savings bond to you.
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 on my wallet because I want to save my money. Also, everyday the currency of bitcoin change so its better to store it for the lucky that make your money be bigger. Saving money is really important for me because in case of emergency there's a way to get money. If you save a lot there's a lot of profit that you can get like increasing your money and you can save a lot.
because human life is full of the unexpected. and Bitcoin is an asset to save your money. other than that there is hope that Bitcoin prices will rise further.
The benefit of saving bitcoin for a long time is that the value of bitcoin that you put in your wallet increases overtime compared to your initial investment. You foresee that there will be high and low prices but you believe that change is constant and that the price would still increase afterall. This method is usually done by people who do not want to take risks every so often, or by those who would not want to take watch and do buying and selling in every fluctuation of bitcoin price. I have read a book that this actually is the surest way to increase your money. I just don't know if it still holds true practically.
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