Yes, but I think there is no need to tens of years like land or gold investment, we only wait for 3 years to get the profit more than 900%, according analysis experts that the average increase bitcoin is about 300% per year.
it's a pretty interesting fact that bitcoin price increases about 300% per year. At this rate only savings in bitcoin will make us rich and all we have to do is hold for a long time and never short bitcoins in case of a bear market as there is always a bullish market after a bearish market, so patience is the key for investing in bitcoins, just buy and hold. 
Topic: bitcoin benefit of saving for a long time? - page 73. (Read 82307 times)
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
They are storing it because they know the capabilities of bitcoins. Maybe they heard about the news on the kid who invested in bitcoins before and just hold it for a long time then after a couple of years, that kid became a millionaire. Because the price of bitcoins before are too cheap compared from today which ranges up to 4000$. And it might grow even more so many people are holding their bitcoins including me, hoping for the growth of bitcoins. We all want to be reach that is the main reason of it.
Bitcoin is a decentralized so expect of jot being stable of its price. But still if you buy stleast a one bitcoin and wait up to 1year you see the difference of the price of it. Aslong as bitcoin is being known by other people theyre being interested to invest money on bitcoin thats the reason were getting a high price of bitcoin
it`s very obvious , but at the same time , reasonable. I have to say that I `d support that position. And I see a reason in that. 
Yes, but I think there is no need to tens of years like land or gold investment, we only wait for 3 years to get the profit more than 900%, according analysis experts that the average increase bitcoin is about 300% per year.
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 they also want to have a huge profit just look at the chart of bitcoin price since it started,Come share your thoughts
It is really something and also the story of the kid who bought a bitcoin at a low price and after a couple of year he remember it and sold it with a huge profit.
I think if we save Bitcoin for a long time there is a chance of its fluctuated nature. So if we invest bitcoin instead of saving this will good. If we are risk taking personality we should save it for a long time in wallets. There are so many reasons to save it for a long time if we have huge amount of bitcoin and its price goes up there is a chances of growth in profits.
that's the only thing to do if you want to invest with a small risk, but sometimes it produces big, just save in a few bitcoins only, save in a few years can be profitable because if viewed from the charts bitcoin in the market it is always repeated, so save bitcoin in a long time it indeed still profitable
9 years ago very cheap price bitcoin even no more than $1, if I had 10.000 btc at the time then I sell at present then I would be rich. but I'm sure if got 10 btc and 10 more years then we will get a huge profit.
There is only on reason why a lot of people save bitcoin, most of them even trade altcoins to bitcoin, and the reason is to get more profit. Making profit out of bitcoin is their main goal, we know that bitcoin is the most popular coin in the cryptoworld because it already made lots of investors rich!. So now everyone is wanting to have a share of that wealth.
High expectation to become rich through gambling , that's terrible motivation ,You should looking for better excuse when it comes to use bitcoin ,
It's indeed could make you have the value gained more than 100 times when you hold it for long time ,
But there's benefit more than that , bitcoin could improve our quality lives through a new financial system.
I think if we save Bitcoin for a long time there is a chance of its fluctuated nature. So if we invest bitcoin instead of saving this will good. If we are risk taking personality we should save it for a long time in wallets. There are so many reasons to save it for a long time if we have huge amount of bitcoin and its price goes up there is a chances of growth in profits.
Long term savings is always advisable for majority as only few are really good into monitoring the price and do the right timing. Most of us has life outside crypto like we have a day job where we need to bust our asses 8 hours a day and when in trading we need to concentrate.
I think if we save Bitcoin for a long time there is a chance of its fluctuated nature. So if we invest bitcoin instead of saving this will good. If we are risk taking personality we should save it for a long time in wallets. There are so many reasons to save it for a long time if we have huge amount of bitcoin and its price goes up there is a chances of growth in profits.
Long term savings is always advisable for majority as only few are really good into monitoring the price and do the right timing. Most of us has life outside crypto like we have a day job where we need to bust our asses 8 hours a day and when in trading we need to concentrate.
I think if we save Bitcoin for a long time there is a chance of its fluctuated nature. So if we invest bitcoin instead of saving this will good. If we are risk taking personality we should save it for a long time in wallets. There are so many reasons to save it for a long time if we have huge amount of bitcoin and its price goes up there is a chances of growth in profits.
There is only on reason why a lot of people save bitcoin, most of them even trade altcoins to bitcoin, and the reason is to get more profit. Making profit out of bitcoin is their main goal, we know that bitcoin is the most popular coin in the cryptoworld because it already made lots of investors rich!. So now everyone is wanting to have a share of that wealth.
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 are storing their Bitcoins in their wallets for a long time because of chances and or benefits of having bigger profit in the future. I actually did the same but I am now holding more altcoins rather than Bitcoins since I have only small amount of it. As of now the percentage of my holdings are 80% altcoins and 20% Bitcoins. Bitcoin is the best choice for long term investments. For me holding coins in our wallets is the safest thing to do in investing cryptocurrency. Come share your thoughts
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
Saving bitcoin even if it takes a long time can surely give you a very worth benefit. Have you heard about someone who biy pizza? By that time bitcoin has very low price and he did not expect that in the near future bitcoin price will rise and rise and rise again. If he saved it until even this year he is surely a millionaire now (billionaire maybe?) Do you want to the same thing to happen to you? Of course not, right? So do not hesitate to save bitcoin even if you are going to wait for a long time for the price to rise again.
If you find it difficult to save, you can try trading but still ypu have to wait for the price to rise to sell and wait for the price to become low to buy. See? There is no easy but is beneficable.
Two reasons to get bitcoin and hold it in my wallet :
- hope for a better value in the coming years
- hope for a easier way of spending them in the future, when a lot of marketplaces will use it as a way of payment. That will help bitcoin to increase in value as well.
No doubt that the price of the bitcoin is going to be high in the coming days. The price and the value of the bitcoin are dependent on the use of the people who are using and investing in bitcoin. It is very good to hold your bitcoin for the long time, it will make you earn good profit even when you will not have any source for the income of your home you will be able to cash out your bitcoin and get the profit from it. - hope for a better value in the coming years
- hope for a easier way of spending them in the future, when a lot of marketplaces will use it as a way of payment. That will help bitcoin to increase in value as well.
Take a look at the bitcoin price chart since its introduction some years ago and you will see what the benefit of saving it for a long time was.
However, based on the previous benefits, you can hardly conclude to possible future benefits. The price could rise further but it could also decrease for whatever reasons.
However, based on the previous benefits, you can hardly conclude to possible future benefits. The price could rise further but it could also decrease for whatever reasons.
you should save some of your bitcoin in part, and the rest again sold if you have a need if not yes we simapan all until waiting for higher prices
I feel observing today’s rate and the future predictions about the price of bitcoin one should keep his bitcoin in his wallet because in the future his bitcoin will give him much higher earnings, instead of selling today. Long time more profit is the ideology of bitcoin. But keep in touch with the bitcoin market for updates.
everyone keeps the bitcoin in his wallet, because it will feel safe. then wait for the price to go up and then sell it.
No , it's not safe if you only keep your bitcoins in the wallet only, you need the private key of that wallet and save it to the place that noone can see it. The private key is the most important thing to recover your wallet when problems happen. 
everyone keeps the bitcoin in his wallet, because it will feel safe. then wait for the price to go up and then sell it.
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
They store for a long time because everyday the rate of bitcoin has different rate. So if the rate has low value they store it to wait for rhe high value before they convert it. If they store ot no hassle if they need some money in rhe other day.
Trading is just like saving because you keep your coins on an exchange wallet. It is worth waiting for the long time because the trend of bitcoin price is going up, not only bitcoin alone also those altcoins which have potential and promising.
BTC is really profitable that's why many users are engaging day by day.
BTC is really profitable that's why many users are engaging day by day.
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