bitcoin benefit of saving for a long time? - page 83.

Sled

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Bitcoin- in bullish time

Quote from: Sadnu on September 08, 2017, 01:58:37 AM

You're right in what you said. Because the benefits you receive will be great if you hold it for a long time. As early as people who hold bitcoins and now are rich.

Do you know how much bitcoins the price was?

And you also know how much they have invested today and how much money they have been paying for bitcoins.
So many are actually pursuing to buy bitcoins today and it will continue until next year. until we feel that the price is high

Most of the people right now are doing that, even the price of bitcoin is high (for the average person like me) they are still buying bitcoin because they believe that the price of bitcoin will go even double of the price right now so they are still buying and holding bitcoin for long term.

Sadnu

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You're right in what you said. Because the benefits you receive will be great if you hold it for a long time. As early as people who hold bitcoins and now are rich.

Do you know how much bitcoins the price was?

And you also know how much they have invested today and how much money they have been paying for bitcoins.
So many are actually pursuing to buy bitcoins today and it will continue until next year. until we feel that the price is high

alex 666

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bitcoin is so high risking for long time so that if you have estra money safe it will be 0$ or 100000$

fishbonez11

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People store bitcoin in their wallet as savings. When the bitcoin price goes up, they can sell it for profit.

Akash1243

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Bitcoin are long term investment their price might be very high in future then what it is today.As bitcoin is getting more and more famous and demand it's price would keep on increasing,also that many countries has already legalised Bitcoin that means that even government has saw potential in bitcoins.Best way to use bitcoins are to hold them until you gain lots of profit.The number of bitcoins are also limited so they will be quite valuable once all bitcoins has been mined.

Lpim01

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Quote from: alberto hiro on September 05, 2017, 09:59:05 AM

they keep bitcoin in their wallet for long periods of time because they expect that bitcoin price in the future, it can multiply many times the current price

A big chance to double your money if you just hold it for while and waiting for a great surprise. Bitcoin price is continuously going high, we can really make money from bitcoin if you don't spend all your btc. But it is better that 50% of your bitcoin are used for investment for a chance to have a huge profit rather than holding it all waiting for a right time.

onpages

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Saving on bitcoin is much better than saving money at bank. Because bitcoin you have purchased using fiat, is completely in your control without anyone knowing how much you have and profits you get is pure for you. While banks, take advantage of our money by providing very low returns.

fullypak

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Quote from: Darknight31 on September 07, 2017, 12:40:42 PM

Quote from: mastermold on March 11, 2017, 10:54:47 AM

The main reason for keeping the bitcoin for long time is capital gain. People believe it will cost much more in the future as bitcoin is growing rapidly. And the best part is the amount of bitcoins is constant and can’t be more than 21 million. Thus its value will gradualy grow.

I really believe in bitcoin benefit of saving for a long time because we all know that as the price of the bitcoin is unpredicatble it's very risky, though. But as long as you can keep it, just keep it, and for sure that will be a great idea because you will never know that you will be needing the money one day. At least you have been ready about it.

Now the Bitcoin is stable at one good price, and according to me, there is no chance to go down below $2k in future. That is why the Bitcoin is getting so many investors. and the Bitcoin miners also decreasing because of mining difficulty, so the demand is increasing. Because this the price is increasing. How the buyers will increase like that the price also increases. So I hope in future Bitcoin users will increase and the price also increases.

Darknight31

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Quote from: mastermold on March 11, 2017, 10:54:47 AM

The main reason for keeping the bitcoin for long time is capital gain. People believe it will cost much more in the future as bitcoin is growing rapidly. And the best part is the amount of bitcoins is constant and can’t be more than 21 million. Thus its value will gradualy grow.

I really believe in bitcoin benefit of saving for a long time because we all know that as the price of the bitcoin is unpredicatble it's very risky, though. But as long as you can keep it, just keep it, and for sure that will be a great idea because you will never know that you will be needing the money one day. Atleast you have been ready about it.

Alpinat

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yes we will benefit from it for sure there are so many people out there that are buying bitcoins because they knew that the bitcoin is the way in their success,. and also we all know that the bitcoin is actually increasing and increasing its price meaning we will benefit on it in future

rocketbits

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Quote from: FlightyPouch on September 05, 2017, 10:12:55 AM

Quote from: alberto hiro on September 05, 2017, 09:59:05 AM

they keep bitcoin in their wallet for long periods of time because they expect that bitcoin price in the future, it can multiply many times the current price

Well this is certain because bitcoin now is having a lot of users because of the prediction that it will be having a price a lot more than the current price. A lot of people use bitcoin, so there is a lot of development that needs to be done and I think the more the demand, the more the price, the more it is good to save bitcoin for the future.

It is the best to save bitcoins for future now because now they are affordable but once they touched 5k dollars, it won’t be easy to garb bitcoins. There is no doubt that bitcoin market is growing damn fast day by day and there are maximum chances of bitcoins becoming the most expensive assets of the future.

bn88

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Investing is risk but it gives you profit and if the price of Bitcoin is going up so you will get multiples profit.
Saving only make you safe but less profit then investing. Risk = Rich. I vote for investing.

Mikasa77

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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 people store their own bitcoins in their wallet because some of them are waiting for the bitcoin price to be high as possible in order for them to gain more money when they are going to trade it to cash. Well some of them are just saving or investing for their future purposes. Thats my thought on why some people just store their bitcoins through their wallet.

rocketbits

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Quote from: FlightyPouch on September 05, 2017, 10:12:55 AM

Quote from: alberto hiro on September 05, 2017, 09:59:05 AM

they keep bitcoin in their wallet for long periods of time because they expect that bitcoin price in the future, it can multiply many times the current price

Well this is certain because bitcoin now is having a lot of users because of the prediction that it will be having a price a lot more than the current price. A lot of people use bitcoin, so there is a lot of development that needs to be done and I think the more the demand, the more the price, the more it is good to save bitcoin for the future.

It is the best to save bitcoins for future now because now they are affordable but once they touched 5k dollars, it won’t be easy to garb bitcoins. There is no doubt that bitcoin market is growing damn fast day by day and there are maximum chances of bitcoins becoming the most expensive assets of the future.

Protected101

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Quote from: lukmandog on September 05, 2017, 12:04:30 PM

Saving bitcoin more profitable than saving money in bank. I am optimistic, next 3 years bitcoin value higher than current. While money we keep in bank whether it will be worth better than the bank that gets richer. Bitcoin is the best choice for saving also as investing bcause provides real benefits.

Savings in a bank will not get more interest unlike in bitcoin even though it will rise or low you're investment will surely high.bitcoin has more benefits in terms of savings in your wallet ,like paying your payment bills here monthly there is no hassle way to encounter.

freebutcaged

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Ironically when you think about storing Bitcoins and the reasons for people to storing their Bitcoins in their wallets, where else could they keep their

Bitcoins mate? when they are mined they will have no other space to occupy other than addresses, you could never say if some coins are just sitting

In their addresses without being used, even if they're being used they will remain in addresses forever. it's a bit scary when you think about it, all the

Bitcoins will remain in one place forever.

aeternus

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Quote from: Lancusters on September 05, 2017, 07:15:27 AM

Long-term storage of all crypto currencies is very risky. It seems to me that it would be more accurate to accumulate the required amount and spend it for acquisition of things or the organization of own business. Then the risk will be minimal.

Everything you do has a risk, people are willing to take the risk with bitcoin for the simple reason that bitcoin keeps on delivering good results and there is not a reason to think it is not going to do it in the future especially now that we have segwit activated and the lightning network is going to come next.

Morgann

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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

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 tims

marcuslong

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Quote from: Zooplus on August 31, 2017, 07:27:42 PM

Quote from: marcuslong on August 31, 2017, 07:06:00 PM

It really depends on you if you wanna save it for a long time since if you are already making an profit then you we're getting profit from bitcoin you're just holding them because you believe that bitcoin price will increase, But we do not know what will happens next so better to secure profit and convert you bitcoin into fiat and save them into bank for future purposes.

When you invest do not put all your money in bitcoin, you save it for long term and it's good if you investment are
really dedicated for that purpose. When you earn you cash out but always have a safety net so anytime the market is down
or if it might collapse you can still live with the money that you save.

Well depends if you don't have family to support of course you will think about the money first you make it as your priority income source to earn and save money however if you risk small amount of profit then you will get smaller because it always depends on the risking if you don't have believe on your self then this isn't for you.

YellowRiver

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Quote from: mel0924 on September 04, 2017, 10:25:22 PM

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 or most of the people that knew bitcoins store bitcoins in their wallet for a long time because they believe that bitcoins is getting higher and will be higher in value in the near future. Many get rich in storing bitcoins for a long time and some of them are now happy for what had happen to their lives.

It has changed hundred and thousands lives around the world. Saving bitcoins for long time in wallet will make you rich. How it is? Reason is the high going of price charts f bitcoins. Bitcoin will still go up and up and those saved bitcoins for a long time will definitely get huge perks.

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