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Topic: bitcoin benefit of saving for a long time? - page 75. (Read 82307 times)

full member
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September 22, 2017, 08:24:08 AM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

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Maybe a lot of people choose to save their bitcoin in their wallet for a long time to earn a big profit. That's is one of their technique or strategy that may help their investment to be more profitable.

Most likely, such people do not just prefer to save, but simply afraid to invest their coins in some kind of scam and think that it will be more reliable to keep in their purse.
full member
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September 22, 2017, 08:02:26 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

Maybe a lot of people choose to save their bitcoin in their wallet for a long time to earn a big profit. That's is one of their technique or strategy that may help their investment to be more profitable.
sr. member
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September 22, 2017, 07:27:33 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

This question is for those people who is patient and willing to wait just for their future,. for sure those who are save their bitcoins will be rich in just a matter of time. goodluck
sr. member
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September 22, 2017, 07:25:15 AM
they believe bitcoin price will go more than 10,000$ so that they save it

So you mean that bitcoin price wont go that high? I am the witness of this coin, from $100 and now it is $3k per coin. Do you still doubt this coin? With big of adoption this price will increasing fast enough and no one can predict it. And nowadays I jusr found out that most of my friend just started it. So it will never be too late to save this


                      I haven't really seen it with my own eyes and even witnessed it before, but i have high hopes and expectations that it will rise that high in the future. Maybe some are really doubtful just because they jsut getting started or they haven't seen it before or maybe afraid that it was another schemes from past that they were being victimized.

It is just hard to wait for a long time when it comes to holding your bitcoin or any other cryptocurrencies as it is so boring, We can't really blame those people that still doubt the potential of bitcoin especially those that are new in the scene.

I believe also that bitcoin will reach $10,000 soon even though there is an issues that really affects the price of it that resulted to the fall down of it, but again it is not bad because it already reaches the $5,000 mark and there is no easy climbing or shortcuts, bitcoin needs to face the process of the crypto market as there is no stair way to success, it is always step by step and let the naysayers and haters spread their opinions.
hero member
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September 22, 2017, 05:34:35 AM
they believe bitcoin price will go more than 10,000$ so that they save it

So you mean that bitcoin price wont go that high? I am the witness of this coin, from $100 and now it is $3k per coin. Do you still doubt this coin? With big of adoption this price will increasing fast enough and no one can predict it. And nowadays I jusr found out that most of my friend just started it. So it will never be too late to save this


                      I haven't really seen it with my own eyes and even witnessed it before, but i have high hopes and expectations that it will rise that high in the future. Maybe some are really doubtful just because they jsut getting started or they haven't seen it before or maybe afraid that it was another schemes from past that they were being victimized.

Bitcoin indeed may look to some like a pyramid scheme, they even say it in the media. In a way any business is like a pyramid scheme in the sense that if people will stop using it it will die. But in fact there's a big difference: any pyramid scheme is supported solely by the money of the people involved, nothing else supports it and when people start to leave the pyramid falls down. With bitcoin, like with other good enterprises, when some people start to leave the others, who remain, will start having more profit.
sr. member
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September 22, 2017, 05:07:03 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

Even before, I'm not yet here in bitcoin world I do save some money in bank but never have any interest like what bitcoin can do. Because in bitcoin if you save it there is a big a chance that it will increase more than your capital depending on the demand of the users and investors.
newbie
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September 22, 2017, 04:24:14 AM
If you don't want to take any risky of investing it anywhere then its best to save your bitcoins for future by keeping them safe in your wallet as price is tend to rise in long term but make sure that you manage to hold enough amount of bitcoins as lower amount will not give you higher benefits.And also choose a good wallet like blockchain.
hero member
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September 22, 2017, 03:28:58 AM
It is lot's of benefit you can earn a sort of income per year just by holding the coin. You can sell it at any price you want there is no limitations for the amount of profit you are allowed to earn. The price isn't regulated by the government which makes a big difference just research you will find so many reasons
Governments cannot try to regulate bitcoin price, they may try to manipulate it indirectly by banning bitcoin or by imposing taxes or by dumping all their holdings if they have any but bitcoin cannot be manipulated because they cannot print bitcoins, even if they create their own crypto it will be a separate coin not bitcoin.
They can only regulate the company like exchanges but it terms of pricing that would depend us, the basis law will play all the time
and that law is very simple which is the law of "supply and demand". When you are a trader, this is important to you, you buy low and sell high.
Yes but if they ban bitcoin then the demand for bitcoin is going to plummet and with it its price however a world wide ban of bitcoin seems unlikely since there are some countries like Japan that seems to be very enthusiastic about adopting bitcoin and getting the benefits that come with it.
Indeed! Even if we look at those who are millionaires now, they have been storing bitcoins for long time and now enjoying the sweet fruits of their patience. Bitcoins are used or understood as savings by many people.

They are not ready to treat it as currency, rather using them as investments and that too for long terms.
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September 22, 2017, 02:19:06 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

There are a lot of benefits if you are going to keep your bitcoin for a long time. The possibility that you will earn large amount of money would increase if you are going to be patient with your income. But it depend on your decision. If you are willing to sacrifice the time that you may get your money on hand then wait for a bit. You will enjoy what you may get later on as soon as you can get your income.
 
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September 22, 2017, 01:53:07 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

Storing your bitcoin for a long time will surely give you long term benefits. We are all aware that the price of bitcoin is increasing continuously although it goes down a bit sometimes. Trusting on bitcoin's pump is a risk but if you are going to be able to surpass all of it you will have the chance to earn lager amount of money. Many are believing and expecting that the price of bitcoin would go up to $10000 that's why they are holding it for a long time.
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September 22, 2017, 01:32:45 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


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.
newbie
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September 22, 2017, 12:32:44 AM
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.
sr. member
Activity: 728
Merit: 266
September 22, 2017, 12:29:54 AM
they believe bitcoin price will go more than 10,000$ so that they save it

So you mean that bitcoin price wont go that high? I am the witness of this coin, from $100 and now it is $3k per coin. Do you still doubt this coin? With big of adoption this price will increasing fast enough and no one can predict it. And nowadays I jusr found out that most of my friend just started it. So it will never be too late to save this


                      I haven't really seen it with my own eyes and even witnessed it before, but i have high hopes and expectations that it will rise that high in the future. Maybe some are really doubtful just because they jsut getting started or they haven't seen it before or maybe afraid that it was another schemes from past that they were being victimized.
sr. member
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September 21, 2017, 11:58:32 PM
Yes it is true, and this is why we do not sell bitcoin if less than 2 years after we buy, the profit of bitcoin will double when we can keep for a long time that is at least 2 years.
And the best thing is that after two years you are not forced to sell, if you keep holding, the amount of money that you can earn is great, so there is on doubt in my mind that the benefits of holding bitcoin for a long time are there and anyone can see that those benefits are true by looking at the bitcoin charts.
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September 21, 2017, 09:48:49 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

Well bitcoin is naturally design for being unstable price and its volatility for its own sake in the sense that this is also the reason why its value is raising . People holds their coins when the exchange is low so when the time comes that the price of bitcoin is high again they can trade it or they may have a huge amount of money.
newbie
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September 21, 2017, 09:29:34 PM
bitcoin price tag continues to rise, there is no reason to wait for the price tag down so that the greatest way to profit is to acquire instantly. bitcoin helpful for prolonged term investment.
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Alea iacta est
September 19, 2017, 02:40:25 PM
Lots of beneficial benefits for bitcoin holders in a long time, every year bitcoin prices continue to increase and if you continue to keep it within 2-3 years you will definitely benefit from it, bitcoin can be used for anything I think and anyone who saving bitcoin in a long time that will surely be beneficial for its future life.
I agree with you on this one. Holding bitcoin is perhaps the most profitable and safest way for people who are very unfamiliar with crypto and markets in general to make money. However this implies that a person is willing to hold their bitcoin for a long period of time.
sr. member
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September 19, 2017, 02:13:47 PM
Yes. Because, i heard alot stories about people who hold bitcoin get a very good advantage with current price conditions. Bitcoin is very popular, and my friend says bitcoin is more profitable than gold.
full member
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September 19, 2017, 02:11:04 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 benefit of Bitcoin in storing it in the wallet for a long time is the profit they are getting from bitcoin. From the time this topic was post up to now the value of Bitcoin surge up and for sure the people who kept bitcoin for a long time already generate a very high income in keeping it.
sr. member
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Merit: 252
September 19, 2017, 02:06:48 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


Cause I think they have the idea that probably sooner bitcoin will raise its value, but the thing is holding bitcoin is one of profitable aspexts of investing here in bitcoin, you do nothing with your money and yet its growing so it is essentially stated that maybe sokner it may double the price that you habe gaim for the prior campaigns or investment that you have.
It is not just an idea just look at the charts, the chart only goes up when you look at the whole history of bitcoin that make people very confident that bitcoin is going to go up in the future, so while past results do not guarantee profit that is the only thing we can use to try to predict the future.
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