Topic: bitcoin benefit of saving for a long time? - page 84. (Read 82307 times)
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.
We're not independent from the general bitcoin trend, we can usually win by saving, yet the trend has to be upwards. In other case, we wouldn't have good return from our saving activity. If the market goes like that, we'll win by saving bitcoin.
I believe that keeping bitcoin for a long time brings a huge profit for those who know how to tolerate. There are already examples of those who kept coins for a long time and now are already rich.
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.
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.
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 yeah for sure, they will benefit this bitcoin saving for a long time, the bitcoin price now is like a 5000$ so meaning that if you just invest in bitcoin last year which is like 2500$ you will be benefiting today like your money just got doubled, that's why many people save bitcoin in their wallets. Come share your thoughts
As a long-term investment tool bitcoin is very advantageous because of the limited number of bitcoin. While more and more bitcoin enthusiasts
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
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
They absolutely hold their Bitcoin for a long period of time for the simple reason that they want to earn huge profit which is possible by just holding Bitcoin. The market value of Bitcoin is dependent on its demand such that if the demand increases, the price will also too. Since Bitxoin market value increases over time, the profit that a holder will earn will be big in the future. Come share your thoughts
I think the answer would be pretty obvious on this question, and that will be because bitcoin is gaining more value over time. This has already been proven just look at the current bitcoin price. It has come a long way and it is still continuing to increase that is why people chose to keeo and save their bitcoins.
Of course nothing come at free. You need to risk it to make profit from it. Like investing or gambling or lending maybe? Money can't raise unless the owner know how to do it.
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.
Its their long term investment. Buying bitcoins holding it for long since btc price is increasing so when they needed the money, bitcoin is worth more than when they bought it (assuming everything went fine for bitcoin).
Everything would really comes smooth along the way checking on the progress on bitcoins price.How much more if those people are early adopters then for sure they are really earning much on each movement on bitcoins price. Fluctuations do normally happens but no matter what would be the price they are still on profits knowing that the purchase price is too cheap back into those years. 
Its their long term investment. Buying bitcoins holding it for long since btc price is increasing so when they needed the money, bitcoin is worth more than when they bought it (assuming everything went fine for bitcoin).
I think it is a scheme that is applied by every individual bitcoin users, of course with the hope that bitcoin value will be more increased again in the future. because so we can exchange it when bitcoin value is at the highest level, and of course we benefit from the scheme we apply.
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
Too easy. Because we are all believing that bitcoin will surge more than $100k someday and it will be more precious than gold, crytals, diamonds or anything else in this world.
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.Come share your thoughts
It's not too late, bitcoin is still new and we can have more success to achieve as the price has no limit, we will have to risk now and invest
if we want to be rich like those who have already made fortune.
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. Come share your thoughts
Certainly it was something very beneficial, because the bitcoin is still profitable because every year they bitcoin prices always go up, but we never can confirm this poit because if we know its a true, all of we will be rich, but if the world continues this scenario, yes, the bitcoin will be benefic.
Bitcoin gains more value when saved for a long time.
Some people do so in a form of business and end up pocketing huge profits.
Some people do so in a form of business and end up pocketing huge profits.
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