bitcoin benefit of saving for a long time? - page 76.

Bitcotalk

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Quote from: PokerFace3 on September 10, 2017, 04:15:54 AM

Quote from: Xester on September 08, 2017, 12:12:49 PM

Quote from: Wingo on September 08, 2017, 11:47:06 AM

Look at the timeline of bitcoins price, there is a great jump in just a short period and this is still happening. We all witnessed how bitcoin built the reputation of digital currency, the growing use of bitcoins and altcoins affects the price and value of every digital currency and in bitcoin, there is a positive change, an increase in price which we all don't know when it will stop. Maybe until all people in the world is using bitcoin but it is very far from happening.

Yes it is true. Its price grow rapidly. It goes up like 700% since last year and I was really sad that Idid not save bitcoin. I use bitcoin to finance my daily life but not thinking of saving for the future. It is just this time that I was able to think about it after realizing that it can help me become rich if I will save some of it.

I have not heard of anything that can gain value at such a high speed as bitcoins do. Just, holding on bitcoins can return huge profits. It is because of this currency that many people are able to improve their life standards and save for their futures. For all those who didn't trust it, I can only show my sympathy.

You have rightly said and I will no doubt agree to what all you have said. I think if you enough resources and money that you can manage to have Bitcoins, then first of all buy as many as you can. If you think you can multiply the number you own by trading, only then go for trading. I’ll rather suggest you not to take that risk and hold them for better tomorrow.

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Quote from: Pakboy on September 13, 2017, 01:31:15 AM

Quote from: CROYA86 on March 11, 2017, 06:10:16 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

Because holding bitcoins have many advantages. I gained many benefits because of the bitcoin. I first bought bitcoins when the price is still low and I will sell it in the near future.

There is hardly any doubt in this thing that holding of Bitcoin for longer time will give you nothing else but a lot of earnings and profit that you can’t even think of. The way we have seen the graph of Bitcoin’s price going up, this is guarantee to this thing that if we hold our Bitcoin for little longer, we will get much more profit.

BTCevo

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Quote from: HARRYscotter on September 18, 2017, 04:09:25 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

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Apparently so, bitcoin gives advantage held for a long time. Proved, people who hold bitcoin before have enjoyed the benefits at this time. That's why i'm interested in holding bitcoin, hope that atleast for next 3 years i can enjoy benefits like they.

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Long time ago I heard a story about something like 1000 or more bitcoins being spent on 1 pizza back when the grass was green, and we were young and innocent

If the story is true, someone has clearly lost their saving opportunity.

Kevondo

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Quote from: kafiddrhman on September 16, 2017, 06:27:06 AM

whereas so far we know that china is one of the countries with the largest population of bitcoin users, but the unilateral policy adopted by the Chinese government has several reasons why bitcoin of course

It is being more famous than before because if we take a look of the previous performance of the bitcoin and the last few years so at that time we have seen how strongly bitcoin has been able to outperform many other investments of that time, if it is not the proper reason for you to hold bitcoin then I am curious to see what is it according to the people. Bitcoin is increasing in price so it is good to hold your bitcoin for long time.

Reid

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Just imagine the regret of people who have sold their coin before up until now.
They may have a lot more than what they have withdrawn.
But I dont blame them, they may really need that money at that time for some reason.

HARRYscotter

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they believe bitcoin price will go more than 10,000$ so that they save it

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Quote from: marjoree on September 17, 2017, 03:18:40 AM

Quote from: CROYA86 on March 11, 2017, 06:10:16 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

Its because they know that in the future Bitcoin price will rise up. The same as real money investment, you will profit from it and the interest will increase. Maybe that is a secret of those millionaires, who knows.

Having bitcoin save and hold for the long time has the potential to gain more profit because the price of bitcoin can be more increases for more than a year that can be turn a person who holds to become a millionaire or billionaire by that time comes.

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Quote from: albertvert on September 13, 2017, 08:31:48 AM

Quote from: Crosshair on September 13, 2017, 08:24:37 AM

They save bitcoin for a long time because they know that the bicoins price will go not double, triple but 4-5x it's price of today. Just like 5years ago many people ignore bitcoins just look what's the value of it today many people invest bitcoin past years ago and look at them now, they're now rich because they wait for the right time. The benefit of saving for a long time is the longer you hold your bitcoin the more richer you're going to be in the future.

Bitcoin is the best place to save your money. Bitcoin is fluctuates in past two days due to some factors. Due to this many was inverse in bitcoin. So you may inverse Your money now in bitcoin now.It's the right time to save for long term profit.You mave inverse your money.

Well there are a lot benefits of bitcoins of saving them for a long time, below here are very few of them:
You can become rich in the future.
You can support your family needs and luxuries of daily life.
Your grandchildren will be getting huge benefits from them.
People can use bitcoins for sale/purchase of online products.
Some can also use it for trading.

hahay

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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.

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Quote from: CROYA86 on March 11, 2017, 06:10:16 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

Its because they know that in the future Bitcoin price will rise up. The same as real money investment, you will profit from it and the interest will increase. Maybe that is a secret of those millionaires, who knows.

Shamie1002

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If you are asking how much profit can saving bitcoin with time as a factor the only scenario that could give you the answer was the comparison of bitcoin prices back 7-8 years ago and now.
Definitely big profits. Rates are bigger because prices are worth less than today. Not very crowded that is why it is easier to earn.

stevano

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Quote from: @prashant on September 15, 2017, 11:24:39 PM

Quote from: Sir Paijoe on September 15, 2017, 11:07:54 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.

yup it does,if you holding it it will sure give you profit but its better to increase btc amount rather than just holding it for long thinking that it will double.i think investing in ico is also good ,they give good profit .

if just holding it alone I think just a little bit of profit to be had, if used to trade then, the opportunity to be able to berlip ipat it much bigger but remember investing according to Traffic is much better because it all resulted in your loss

coinluisa

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Quote from: CROYA86 on March 11, 2017, 06:10:16 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 of them hold their bitcoin to earn big profit and some buy if the price is low then they hold it for a long time and wait to increase the price.

Milo_Kidd

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Quote from: Webetcoins on September 16, 2017, 08:24:25 AM

Quote from: SilverKan on September 13, 2017, 09:04:14 AM

Sure. Bitcoin provides longterm benefits, bitcoin more than just modern trend in financial world. But also an investment choice.

Bitcoin is the name of saving so according to me saving makes bitcoin grow and go high in its value and the price. So the saving can make us earn in the future because the price of the bitcoin is increasing with the time. The demand of the bitcoin is increasing and it is being invest in a lot of sites now so it can make you earn and it will grow your profit as well.

I am also saving bitcoins for the future but the thing is we can't tell what is bitcoin in the future. But as far as I believe that it would be high price in future compare to now specially theres a lot of miners and earners who want to have this coin.

aeternus

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Quote from: Kasabus on September 13, 2017, 12:34:10 AM

Quote from: aeternus on September 13, 2017, 12:14:47 AM

Quote from: JL421 on September 11, 2017, 10:50:33 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.

Webetcoins

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Quote from: SilverKan on September 13, 2017, 09:04:14 AM

Sure. Bitcoin provides longterm benefits, bitcoin more than just modern trend in financial world. But also an investment choice.

Bitcoin is the name of saving so according to me saving makes bitcoin grow and go high in its value and the price. So the saving can make us earn in the future because the price of the bitcoin is increasing with the time. The demand of the bitcoin is increasing and it is being invest in a lot of sites now so it can make you earn and it will grow your profit as well.

darewaller

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Quote from: davids on September 15, 2017, 04:34:20 PM

they realize that storing bitcoin for a long time will make a profit and at the same time they also use it as a savings. well if you will look back at the value of bitcoin from way back and compared its value now, It has a huge increase in value.

Saving I would say is the best option and the rightful thing to do of course, but that doesn’t mean you don’t get to spend some of them when you’re in need of money. Sometimes I spend whenever I have got an important responsibility to take care of.

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Quote from: CROYA86 on March 11, 2017, 06:10:16 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 you started to store bitcoin when the price of it is just $800+ something. Then you have a huge profit now. Those people believes in bitcoin that no matter what happen the price of bitcoin will increase more so they can get a lot of profit. I regret because I didn't believe in bitcoin when the price of it is low. Now no matter what happen I will continue storing my bitcoin until it reaches the value I want.

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