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. 
Topic: bitcoin benefit of saving for a long time? - page 80. (Read 82307 times)
they will benefit from very high and too frequent bitcoin fluctuations. with so many fluctuations going on, they can get a lot of benefits.
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.
Bitcoin always increases its price and holding bitcoin for a long time will give you a big profit. However, the higher the price is ,the longer time you might hold. And holding bitcoin will accidentally make it become a form of investment which will make the price of bitcoin higher. And if it happens, more people will hold bitcoin instead of spending it 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.
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
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, having bitcoin on my wallet is one way reminding myself that i am saving at a young age. It has a high value and having a souvenir for oneself isn't so bad at all. Come share your thoughts
look at how bitcoin prices move, you can see graph of improvement over the past few years. if you notice the bitcoin price continues to increase, this is what we can use smartly. we can benefit from selling bitcoin that we have because we can get bitcoin at a cheaper price before.
In short time bitcoin has achieved a lot of value and importance because in bitcoin you don’t need to do work all the day just take your bitcoin keep it in your wallet and save it for long time, one of my friends having bitcoin and when he bought the price of the bitcoin was not so high and today the price of the bitcoin is nearly equal to the double of the amount he invested and still he want to keep it save for more time to get more profit. 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 bitcoin is rapidly increase every month if you store your money last year your profit now is x7 or morethan. Thats why it is good to save bitcoin for long timsCome share your thoughts
I do not think I need to wait too long like any other investment, with a hold for at least 1 year then we've got profit up to 100%. but if we want more profit, of course hold longer the better.
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
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 storing or holding your Bitcoin for a long time is that, your profit will grow over time. Bitcoin market I value increases from time to time, which means if you will store your Bitcoin, its price will increase as well as the profit that you will get in the future. This is the common strategy of Bitcoin investors, this is easier and less risky than trading, but still, the profit is good with this strategy.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
I am one those who are saving bitcoin in my wallet for a long time. Why ? Because first I still don't need money so why to cash it out ? Secondly, I will become my saving. Lastly the most important thing is that bitcoin increases its price and I am waiting for it for a chance to double or triple the amount of money I have.
It is just my one way of earning more money. Don't you realized it ? Yes maybe you are going to wait for months to or worst year but if it can make you rich, then I better wait, its almost there.
Not necessarily sell it, some are waiting for it to become the mainstream. BTC made huge strides in just a few years, but the future remains hard to predict.
my opinion, they do it as one of the strategies to meet the needs of the future. because by storing bitcoin in the wallet for a long time they are very confident that one day bitcoin prices will continue to rise then that's when they will sell their bitcoin so that profit for them will be more.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Obviously, they will earn huge profit by just holding it for a long period of time. The reason behind this is that, Bitcoin's market value increases from time to time, as well as the value that the holder will earn. Bitcoin's market value is dependent with its market demand, such that if the demand is high, its value will also be. And since its demand is continuously increasing, its market price will also too, and the profit will follow.Come share your thoughts
Bitcoin is always best as an long term investment and you cannot expect to make huge profits from it in short term and if you manage to save your bitcoins for next couple or years then it will give you very high profits on your investments so do not sell your coins now and save it for future to gain higher benefits from 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
Obviously, they will earn huge profit by just holding it for a long period of time. The reason behind this is that, Bitcoin's market value increases from time to time, as well as the value that the holder will earn. Bitcoin's market value is dependent with its market demand, such that if the demand is high, its value will also be. And since its demand is continuously increasing, its market price will also too, and the profit will follow.Come share your thoughts
One reason is simply long term investment. It can be tough to hold and not want to sell for some (or all) profits and original capital allocation, but there are tons of investors doing this I'm sure. I have often commented on other threads and had conversations where I discuss that I don't think it would be a bad thing for bitcoin to be ''only an investment'' rather than an investment and full-time currency - though I am sure that there are arguments against this. But if bitcoin were to only be an investment and store of value, then that is a reason why you would see people holding.
And even as it gains more and more acceptance as a full-time currency, there is still incentive for people to hold as the value goes up. Spending later could allow for more buying power. Nothing in this post is meant to be investment advice.
And even as it gains more and more acceptance as a full-time currency, there is still incentive for people to hold as the value goes up. Spending later could allow for more buying power. Nothing in this post is meant to be investment advice.
bitcoin is a for of investment that will grow over time. cheers brother !!
This is obvious, saving bitcoin for a long time is a very profitable long term investment. So if you can afford to buy bitcoin now as much as you can, then do it if you believe in bitcoin and I'm also sure bitcoin prices will continue to rise even higher.
It is not easy to buy bitcoin today because of its high value, maybe we can buy bitcoin but not exactly 1btc. Like me, I can't afford to buy 1 btc because I don't have that amount of money maybe i can buy, .005 btc then save if for long time. So it can gain profit as tge days pass.This is obvious, saving bitcoin for a long time is a very profitable long term investment. So if you can afford to buy bitcoin now as much as you can, then do it if you believe in bitcoin and I'm also sure bitcoin prices will continue to rise even higher.
It is not easy to buy bitcoin today because of its high value, maybe we can buy bitcoin but not exactly 1btc. Like me, I can't afford to buy 1 btc because I don't have that amount of money maybe i can buy, .005 btc then save if for long time. So it can gain profit as tge days pass.
The only factor i know that benefits us in keeping bitcoin for extended time is the big profits that we can attainable earn in lengthy term keeping. There is nothing at all intrigued point about holding aside from income, we are employing bitcoin, we are holding bitcoin, we are buying bitcoins because we want revenue and we also want that in holding or preserving bitcoin for a extended time.
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