bitcoin benefit of saving for a long time? - page 85.

aeternus

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Quote from: Predator25 on August 28, 2017, 06:52:29 PM

Quote from: Cherylstar86 on March 11, 2017, 06:55:16 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

These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

Its better to save your bitcoin than to spend it with unneccesary things. It much better to spend it to buy thing that you need in your everyday life. Such as foods. So that youre bitcoin spending good. But i suggest to save it. For you to have money in case of emergency or for your future expenses. Or to buy also things that you want like clothes,shoes and gadgets.

If you need your bitcoin to afford food then by all means spend as much as you need but we need to understand that bitcoin is meant to be saved for the future so if your lifestyle requires to spend your bitcoin then you need to obtain another source of income fast so you do not lose your possibilities of earning a lot of money with your bitcoin in the long term.

MMA

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Quote from: Catswold on September 03, 2017, 10:45:56 AM

Quote from: Sniper150 on September 03, 2017, 10:29:00 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

There are many people storing bitcoins in their respected wallet as their savings. They are saving it for a long time because they really know how big is the benefits they get. Holding bitcoin is also give you a higher chance to get a high profit. You need to be patient, wait until its price reaches a higher amount. When the price reaches a high amount then you can sell your bitcoin so that you could earn a high profit.

That is the right strategy as no one wants to sell their bitcoins and lower price so hold it and make a decision to sell it when your target is achieved and it will depend on person that at what price he bought and what profits he wants to make from it so depending on that you can make a choice of selling your coins.

in fact currently people are more confident about bitcoin investment, they think that the price of bitcoin will continue increasing for a long time and therefore they are currently trying to hold bitcoin and not to sell it, as they do not want to miss the chance to making good profit from bitcoin. therefore currently they are more confident about bitcoin trading and continue to invest money there.

Trela

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The Decentralized TCP/IP Internet Protocol

Quote from: Collider on September 03, 2017, 11:58:00 AM

I bought 5 bitcoins in the year 2015 when the price was around $300 and I am still holding those coins and have not spent even a single penny of it and at this stage I am into huge profits but I will still prefer to hold my coins for future and I will sell only when it touches $8k and not before that.

Wow, real holder Bitcoin are here! You are holding your money for your future, congratulation after long time ~2 years do not let you give up your Bitcoin. I believe with target $8,000 for the road growth of Bitcoin, it very easy.

Collider

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I bought 5 bitcoins in the year 2015 when the price was around $300 and I am still holding those coins and have not spent even a single penny of it and at this stage I am into huge profits but I will still prefer to hold my coins for future and I will sell only when it touches $8k and not before that.

Shutup

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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

quote author=Catswold link=topic=1821822.msg21471383#msg21471383 date=1504449956]

Quote from: Sniper150 on September 03, 2017, 10:29:00 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

There are many people storing bitcoins in their respected wallet as their savings. They are saving it for a long time because they really know how big is the benefits they get. Holding bitcoin is also give you a higher chance to get a high profit. You need to be patient, wait until its price reaches a higher amount. When the price reaches a high amount then you can sell your bitcoin so that you could earn a high profit.

That is the right strategy as no one wants to sell their bitcoins and lower price so hold it and make a decision to sell it when your target is achieved and it will depend on person that at what price he bought and what profits he wants to make from it so depending on that you can make a choice of selling your coins.
[/quote]
Saving bitcoin is the very good idea to keep money as a giant for the future,bitcoin savers are the fisrt to to move front.

Catswold

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Quote from: Sniper150 on September 03, 2017, 10:29:00 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

There are many people storing bitcoins in their respected wallet as their savings. They are saving it for a long time because they really know how big is the benefits they get. Holding bitcoin is also give you a higher chance to get a high profit. You need to be patient, wait until its price reaches a higher amount. When the price reaches a high amount then you can sell your bitcoin so that you could earn a high profit.

That is the right strategy as no one wants to sell their bitcoins and lower price so hold it and make a decision to sell it when your target is achieved and it will depend on person that at what price he bought and what profits he wants to make from it so depending on that you can make a choice of selling your coins.

Sniper150

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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

There are many people storing bitcoins in their respected wallet as their savings. They are saving it for a long time because they really know how big is the benefits they get. Holding bitcoin is also give you a higher chance to get a high profit. You need to be patient, wait until its price reaches a higher amount. When the price reaches a high amount then you can sell your bitcoin so that you could earn a high profit.

raven7886

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Quote from: fasdorcas on September 01, 2017, 03:35:08 AM

Quote from: umbara ardian on August 31, 2017, 03:15:59 AM

they are smart to look for opportunities, storing bitcoin in a long time will make them profit much larger than before. if they buy the current auto bitcoins if there is such a rapid rise in the coming year they will become millionaires. so this is a very great thought only the big-minded person dare to take this decision.

Looking at the past years, the way Bitcoin market value has increased and is increasing, there is hardly any chance that it will disappoint its investors. Even if they keep Bitcoin for a long term. Keeping it for a longer term will mean more money.

Holding the Bitcoins for a longer term definitely means that you are going to get more than as compared to what you have even think of. All you need is to be patient and wait for the time when you become a millionaire. You will definitely praise your decision of holding them in future.

Pettuh4

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Quote from: fasdorcas on September 01, 2017, 03:35:08 AM

Quote from: umbara ardian on August 31, 2017, 03:15:59 AM

they are smart to look for opportunities, storing bitcoin in a long time will make them profit much larger than before. if they buy the current auto bitcoins if there is such a rapid rise in the coming year they will become millionaires. so this is a very great thought only the big-minded person dare to take this decision.

Looking at the past years, the way Bitcoin market value has increased and is increasing, there is hardly any chance that it will disappoint its investors. Even if they keep Bitcoin for a long term. Keeping it for a longer term will mean more money.

It is evident that keeping Bitcoin for the long term means more money in future because the prices keeps increasing and getting better by the day. I keep buying in bits and earning them in bits and saving them fully conscious that it won't disappoint me in future.

fasdorcas

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Quote from: umbara ardian on August 31, 2017, 03:15:59 AM

they are smart to look for opportunities, storing bitcoin in a long time will make them profit much larger than before. if they buy the current auto bitcoins if there is such a rapid rise in the coming year they will become millionaires. so this is a very great thought only the big-minded person dare to take this decision.

Looking at the past years, the way Bitcoin market value has increased and is increasing, there is hardly any chance that it will disappoint its investors. Even if they keep Bitcoin for a long term. Keeping it for a longer term will mean more money.

mistanama

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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

They store their bitcoin in their wallet when they predicted that it has a big chance to increase the price of bitcoins. In this way, they will earn and have profit in bitcoin they hold. As long as the bitcoin price gets higher, the more your money profitable.

Altero

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Quote from: mel0924 on August 31, 2017, 03:30:40 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

Many people store bitcoins in their wallet due to the fact that bitcoin price is going higher and higher as time goes along. All of us or many of us believe this that we can be a millionaire if we store even just 1 bitcoin in our wallet. This is my dream that I could have at least 1 bitcoin in my wallet. Bitcoin can change our lives and many people wanted it.

Nothing to be afraid of saving bitcpin for a long time because you can probably benefit this in the future. Saving could be the way for future purposes and most of us doing this. We can't exactly predict what happen to bitcoin world in the future, but it is positively good and if bitcoin still goes up and your holding a lot of BTC you gonna be a millionaire someday.

drachman

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Quote from: voltesbit777 on August 28, 2017, 11:47:09 PM

Quote from: Cherylstar86 on March 11, 2017, 06:55:16 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

These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

It is true that holding coins was proven and tested that in the end it will give us a big reward, if we will become patience only. Especially into bitcoin, the expectation of the community in it was too high about the prediction by next year in the value of bitcoin.

I think the expectations for bitcoin are very high but at the same time bitcoin keeps defying our expectations I doubt many people in the forum predicted that we will have a price like the one we have now.

Zicadis

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Dump it!!!

Quote from: umbara ardian on August 31, 2017, 03:15:59 AM

they are smart to look for opportunities, storing bitcoin in a long time will make them profit much larger than before. if they buy the current auto bitcoins if there is such a rapid rise in the coming year they will become millionaires. so this is a very great thought only the big-minded person dare to take this decision.

Precisely! Bitcoin is no longer an investment for opportunists only, any body can freely invest in this cryptocurrency and enjoy profits from one of the few fastest growing industries of todays technology, and the beauty about bitcoin today is you do not have to wait for several years for your investment to payback or flip it into a quick profit.

Zooplus

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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.

marcuslong

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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.

Jessy Mediola

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Quote from: Cherylstar86 on March 11, 2017, 06:55:16 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

Ofcourse we dont know whats happening in future so if you have a problem especially in financial aspect. It is good for you because you have something to cash out when you in the time of that crisis so that you can sustain you needs. Or also just in case of emergency.

These people stored bitcoins in their wallet as a savings for them and when the time bitcoin price will reach higher price in the market, they will sell their holdings so that profit will be earned. In this way of holding bitcoin amount is really a profitable aspects of investments and you will have mo hard times convicing other people to buy products, and you only need is bitcoin balances in your wallet.

Oggy Pogi

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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

Yes it do really has. Saving your bitcoin for a long period of time can do really have benefits because bitcoin is a fast growing cryptocurrency which is widely established, generated and operated online. Along with technology rise, bitcoin usage also rises because the improvement within the access through internet is fast phase that many people can already access it and widely know it because online media can be also a way of spreading bitcoin factual information. As people continuously know bitcoin, massive number of users are engaging into bitcoin cryptocurrency from day to day basis leading for bitcoin to get high on demands that let it grow its price because mang potential investors are investing on it making bitcoin price rate higher compared to the recent price rate. So as time passes by, the initial holding you have can grow into a larger one because bitcoin price rate rises and it is a good indication that saving is really beneficial in the case of bitcoin for long time holdings.

Xester

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Quote from: ?? on ??

Quote from: richkellj on August 31, 2017, 02:19:59 AM

Quote from: supandi wiharja on August 30, 2017, 03:01:22 AM

I think the benefits of bitcoin for a long time as an investment, when bitcoin prices increase and then sell it ..
And very risky to store bitcoin for too long, because we do not know when the price will go down or up.
But i myself believe the bitcoin price for the next 5 years will be higher,i will trade it and keep it for a long time.

Yes you are right. No one knows when the process will go up or down. But if see the graph of past few years, we’ll observe that prices are continuously going up and up. So selling will never be the best option. You should keep what you had and try to get more.

Agreed that, HOLD as long you can. Don't sell at the moment, it's going to explode soon. Though, it's true that, It's difficult to predict, but I think it will increase. But, Don't dive into your emotions, talk to the community and getting updated. You will get better results.

Yes I agree with you. I once regret the fact that I am too afraid to hold my bitcoins. End result is that I sell my bitcoins due to panick because during that time bitcoin price is going down. I really regret that moment and now as long as I can I will hold my coins and wait for the right time.

rizkyaza

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it is still profitable to store their bitcoin for a long time, since bitcoin prices are still up for now, in the past few weeks bitcoin prices have risen to over 200% is not it a good investment, what if for a period of time which is old

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