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Topic: bitcoin benefit of saving for a long time? - page 67. (Read 82331 times)

newbie
Activity: 36
Merit: 0
Indeed which is proper. If you are individual sufficient, revenue will come to you with btc. I will say that some % of your saving need to be invested in bitcoin which will help you to retire a rich existence as cost of btc is growing and tends to increase in foreseeable future as effectively.
newbie
Activity: 42
Merit: 0
Holding on to Bitcoin whilst the price tag goes up is a really good notion due to the fact that would mean that you will have much more money for you Bitcoin even though the volume of Bitcoin does not modify when that transpires. A single Bitcoin will continue to be at a solitary Bitcoin if  there is only that amount inside of of a Bitcoin deal with.If Bitcoin raises the audience that it has then Bitcoin is most likely to have a larger price and that transpires far more frequently presently.
sr. member
Activity: 630
Merit: 251
Most new bitcoin users will sell when there is a price increase, they can not wait to hold so some time later they buy at a more expensive price, I agree that the profit bitcoin will be felt if we hold for a long time.
hero member
Activity: 1139
Merit: 500
I think I'm doing because I'm rubbing my job half of my salary goes to my wallet and half for home expenses not to let you know what you have to do at least twice so that's why It's a good idea to keep your bitcoin in your wallet. It's a bit like a little bit of your own wallet. It's just a little bit behind your own for you to buy the stuff you want and what else ..
well i think it is simple ,looking back to the future we see that the price of bitcoin is getting high its year and sometimes it well go down but it really end up in high price .i think the benefits of holding bitcoin for a long time is really a  big benefits in a future because the poasibility of rising is always there .no one can controll the price of bitcoin even the owner really dont know how biycoin rise .it is said to be that if we hold it for a long time maybe we well gain the big profit. We only need to believe on it.
full member
Activity: 280
Merit: 100
I think I'm doing because I'm rubbing my job half of my salary goes to my wallet and half for home expenses not to let you know what you have to do at least twice so that's why It's a good idea to keep your bitcoin in your wallet. It's a bit like a little bit of your own wallet. It's just a little bit behind your own for you to buy the stuff you want and what else ..
member
Activity: 98
Merit: 10
It's the investors benefits but we cannot all be investors here otherwise there will no more ciculation of bitcoin since
we all choose to hold which is not healthy for the market. It should benefit more on the users who transact regularly than
the investors who is after of the price increase.
full member
Activity: 434
Merit: 100
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.
sr. member
Activity: 756
Merit: 252
yes, it's good that we have bitcoin hiding but for ordinary person would rather use it especially when the value is higher than the price they bought.
That is what separates the ordinary people from the investor that makes a fortune, everyone is going to be tempted to sell their bitcoin or to buy something with it, but we must hold, those that held from the beginning are incredibly rich right now and that could happen to you if you have the mental fortitude to hold for a very long time as well.
hero member
Activity: 1596
Merit: 502
Prior to when i was beginning in this BTC group, my colleagues informed me to conserve some BTC and I failed to understand what for. I am just conserving it for no purpose since i never evidently comprehend what is the goal of it, and then suddenly i started to comprehend tiny by tiny that i obtained rewards from saving as properly.

Saving is always an good habit either in fiat or in bitcoin but the fact is if you save bitcoins for very long time then you will get best results in long term as the price of bitcoin keeps on appreciating which is not possible with fiat and if you have saved your bitcoins from year or a two you will understand the importance of saving and in future your holding value keeps on increasing depending on the price of bitcoins.
newbie
Activity: 56
Merit: 0
Prior to when i was beginning in this BTC group, my colleagues informed me to conserve some BTC and I failed to understand what for. I am just conserving it for no purpose since i never evidently comprehend what is the goal of it, and then suddenly i started to comprehend tiny by tiny that i obtained rewards from saving as properly.
full member
Activity: 504
Merit: 106
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 answers are well explain by today's value in which bitcoin value is now at $5,600. Very lucky to those bitcoin holders that they keep their bitcoin in spite of many struggle or having a hard time the bitcoin went through like the China ban and JP Morgan criticism that they did not panic by selling their long time keep bitcoin. Now they deserve a celebration because some of them will going to be rich now especially if they will wait for next year in which the speculation will be at $10000 mark.
The current price of bitcoin has clearly shown why it is worth holding bitcoin in offline wallets. Bitcoin increase in price with time and at present just keeping bitcoin in wallets can make you rich without any hard work.

The easiest way of making tremendous amount of money in today’s world where there is hell of competition is just a matter of holding some bitcoin for few months.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
yes I agree bitcoin is our savings in the long run. now bitcoin has become an investment for some people. but I also suggest to also invest other than bitcoin because a lot of coins are also very potential
Not only for some people, is bitcoin investment for everyone at the moment. People refrain from trading with bitcoin. Bitcoin is very expensive and we all know that it has successfully beaten gold in this race. People are rushing towards buying bitcoin for future purposes. They are storing their bitcoin in offline wallets and waiting for the massive increase in the value of bitcoin.
I have a lot of friends that are doing that. After they receive their salary from their jobs they putted at least 30% of their income in bitcoin as a savings because they believe that after a lot of years of saving money in bitcoin it will grow exponentially and they will just become rich because of bitcoin. I believe that it will happen so i am also saving bitcoins for my future as my retirement fund.
full member
Activity: 448
Merit: 102
Bitcoin is Volatile, So if you invest bitcoin For A long Time Then You will be called Millionare,
All bitcoiners Know What Bitcoin Can Do. And We Are All Expecting to it's price.
From An employee into An Employer, This What bitcoin can do.
Yep! This is what exactly people are using bitcoin for. The talented people are not willing to be ruled by useless rude bosses who themselves are incapable of becoming bosses. All those who have ego issue or don’t want to be servant of others can earn their money without getting snubbed by others. Bitcoin is the only currency which can make you rich in few months can make your dreams come true.

legendary
Activity: 1204
Merit: 1028
yes I agree bitcoin is our savings in the long run. now bitcoin has become an investment for some people. but I also suggest to also invest other than bitcoin because a lot of coins are also very potential
Not only for some people, is bitcoin investment for everyone at the moment. People refrain from trading with bitcoin. Bitcoin is very expensive and we all know that it has successfully beaten gold in this race. People are rushing towards buying bitcoin for future purposes. They are storing their bitcoin in offline wallets and waiting for the massive increase in the value of bitcoin.
newbie
Activity: 36
Merit: 0
If you search at the historical overall performance of bitcoin, even the very last number of years, we have seen how plainly it has been in a position to outperform most other investments out there. If that is not great sufficient explanation to keep bitcoin for a extended time, then I do not know what is. As with any other type of investment decision, there will be volatility and pitfalls included but as lengthy as the price tag keeps its lengthy time period growth intact, I will keep a portion of my bitcoin saved.
newbie
Activity: 25
Merit: 0
The benefit of saving should be eaisly to see if you watch on how much the price is right now 3 weeks ago it was 3.2k dollars and now it is at 5.6k dollars there is a huge blast.
full member
Activity: 495
Merit: 100
You have to get what you want your own way.
Well if you check the value of BTC this past few years you'll realize that it's worth saving/holding, if you have a job and can sustain your daily expenses without touching your BTC earning then hold it. Just check the BTC value today it $5.5k. regarding the benefit? easy profit.
member
Activity: 322
Merit: 10
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts



These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.


The benefit of saving bitcoin for a long time is that the bitcoin keeps on inceasing from time to time and if youll keep alot of bitcoin for a couple of years then it will have a higher value or amount and thats the time youll get rich instantly because of saving your bitcoin.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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 answers are well explain by today's value in which bitcoin value is now at $5,600. Very lucky to those bitcoin holders that they keep their bitcoin in spite of many struggle or having a hard time the bitcoin went through like the China ban and JP Morgan criticism that they did not panic by selling their long time keep bitcoin. Now they deserve a celebration because some of them will going to be rich now especially if they will wait for next year in which the speculation will be at $10000 mark.
full member
Activity: 462
Merit: 100
for me to save in a bitcoin bag to make a profit like holding my coins till the price goes up then sell.
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