bitcoin benefit of saving for a long time? - page 87.

dark08

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Quote from: mel0924 on August 29, 2017, 12:42:14 AM

Quote from: CROYA86 on March 11, 2017, 05:10:16 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

The benefits of storing bitcoins is that you will get rich in the near future because as time goes, bitcoin value is getting higher and if you will not get your bitcoin in your wallet it will become gold. You will be rich then. That is why many of us wanted to store bitcoins in our wallets.

The price of bitcoin is unpredictable no one will know what will happen in the future its defend on you if you store(hold) or sell your bitcoin now , but If your updated in bitcoin price you will see its continue to rise after the segwit2x upgrade. And many of us believe in bitcoin potential so must better to hold bitcoin and spend a little amount for the daily expenses.

mel0924

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Quote from: CROYA86 on March 11, 2017, 05:10:16 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

The benefits of storing bitcoins is that you will get rich in the near future because as time goes, bitcoin value is getting higher and if you will not get your bitcoin in your wallet it will become gold. You will be rich then. That is why many of us wanted to store bitcoins in our wallets.

Darklinkz

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Judging on the current charts on bitcoin, it really looks like a huge benefit in the long run for bitcoin holders.

mel1978

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Quote from: CROYA86 on March 11, 2017, 05:10:16 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 probably they want to be rich. Actually bitcoin is getting higher in value and aside from that it become the hit as of today, many use it and have business with it. They used bitcoins in trading, gambling and sending money to other people. Some are getting to do jobs in order to earn and have many bitcoins in their wallets.

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Quote from: voltesbit777 on August 28, 2017, 10:47:09 PM

Quote from: Cherylstar86 on March 11, 2017, 05:55:16 AM

Quote from: CROYA86 on March 11, 2017, 05:10:16 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.

Every time bitcoin will break its all time high the more people will speculate that it will achieve another big price.
It happened because of our support and with proper spreading of information, in time we will see that massive adoption that would
again cause the price to skyrocket.

voltesbit777

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Quote from: Cherylstar86 on March 11, 2017, 05:55:16 AM

Quote from: CROYA86 on March 11, 2017, 05:10:16 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.

JCO05

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Quote from: CROYA86 on March 11, 2017, 05:10:16 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

The benefit is the profit that the user will earn. Bitcoin's market value increases from time to time. And just bybsimply holding your Bitcoin, its value will increase as well as the profit that you will get. You should be patient on holding your Bitcoin because there'll be times that its value will decrease, you still need to compel on holding it even backdrop happen.But it will be worth the wait, once the profit is earned

drachman

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Quote from: Tenderino on August 27, 2017, 03:11:05 PM

How many people store their bitcoin for a long time?

Do you made a poll and have the percentage on hand? Is it over 70%?

I do not think the percentage of people storing bitcoin long term is that high, most people sell at the first sight of profits so it is very obvious to me that there is no way that percentage is right even in a bitcoin forum.

Predator25

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Quote from: Cherylstar86 on March 11, 2017, 05:55:16 AM

Quote from: CROYA86 on March 11, 2017, 05:10:16 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.

Vinaa77

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Quote from: Tenderino on August 27, 2017, 03:11:05 PM

How many people store their bitcoin for a long time?

Do you made a poll and have the percentage on hand? Is it over 70%?

Without a poll I already think that most people today prefer to hold their bitcoins for savings and future assets.

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Quote from: patrickmh on August 27, 2017, 05:46:45 PM

Quote from: virtualkeybuyer on August 27, 2017, 03:18:02 PM

Quote from: lukmandog on August 26, 2017, 08:15:02 AM

no harm caused from holding bitcoin for longtime, we have seen it now bitcoin prices have performed very well. Of course this is special advantage for patiently holding bitcoin. The losers are the ones who never keep bitcoin as way to making money.

Investing into bitcoin and then waiting for the prices to rise, has surely been fruitful for many investors through the recent years. And bitcoin has never disappointed, if we talk about the worth. Bitcoin price has grown more than our hopes. Yes, this is good for those who are patient and have invested in bitcoin. It will bring a huge profit for them. But it is not late for any investor to invest.

Yes its always a right time to invest in bitcoins if you can hold it for a long term so even if you invest in it now and wait for next few years then you will be making good profits on your investments and if you are good in trading then it can be an added advantage for you to make additional profits.

that's the big question if you can hold and can resist the pressure when you are seeing that the value is falling, I'm with you when you 'say that there's no
right timing its always good buying and holding your bitcoin just seek and you will find more ways to grow your bitcoin.

futile-resistance

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Quote from: slashz9 on August 22, 2017, 05:16:49 AM

In my opinion, there is no need to doubt people to keep it for future profit. Now people have started to invest in the world of crypto.Can we see from bitcoin prices from time to time continue to increase, although the fluctuations are very terrible.

I don’t even support the idea of saving your bitcoin and waiting for it to grow in the future. My own opinionis that if you’re an expert in trading, then you should use trading to multiply your income than wait for the future.

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Quote from: virtualkeybuyer on August 27, 2017, 03:18:02 PM

Quote from: lukmandog on August 26, 2017, 08:15:02 AM

no harm caused from holding bitcoin for longtime, we have seen it now bitcoin prices have performed very well. Of course this is special advantage for patiently holding bitcoin. The losers are the ones who never keep bitcoin as way to making money.

Investing into bitcoin and then waiting for the prices to rise, has surely been fruitful for many investors through the recent years. And bitcoin has never disappointed, if we talk about the worth. Bitcoin price has grown more than our hopes. Yes, this is good for those who are patient and have invested in bitcoin. It will bring a huge profit for them. But it is not late for any investor to invest.

Yes its always a right time to invest in bitcoins if you can hold it for a long term so even if you invest in it now and wait for next few years then you will be making good profits on your investments and if you are good in trading then it can be an added advantage for you to make additional profits.

virtualkeybuyer

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Quote from: lukmandog on August 26, 2017, 08:15:02 AM

no harm caused from holding bitcoin for longtime, we have seen it now bitcoin prices have performed very well. Of course this is special advantage for patiently holding bitcoin. The losers are the ones who never keep bitcoin as way to making money.

Investing into bitcoin and then waiting for the prices to rise, has surely been fruitful for many investors through the recent years. And bitcoin has never disappointed, if we talk about the worth. Bitcoin price has grown more than our hopes. Yes, this is good for those who are patient and have invested in bitcoin. It will bring a huge profit for them. But it is not late for any investor to invest.

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How many people store their bitcoin for a long time?

Do you made a poll and have the percentage on hand? Is it over 70%?

streazight

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Quote from: tazmania on August 26, 2017, 09:30:05 AM

Quote from: Lomberjack on August 26, 2017, 09:10:22 AM

Quote from: CROYA86 on March 11, 2017, 05:10:16 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

Saving might be a boring way to keep your money safe and alive for a long time specially when you are just saving it into a coin bank or holding it into your customized storage of money. But in bitcoin, saving and holding is the simplest yet the most effective way to keep your money growing because from your initial earning, you can still gain profit because bitcoin's price is volatile enabling us to gain an income. Also saving has a great benefit just like using what you have save for future purposes.

Saving is the easiest way to make profits from bitcoins but as you said that saving can be boring so its better to invest those coins in trading instead of keeping them idle in wallet as trading then generate regular profits which is never possible with saving as saving will give you one time profit and that also when you sell your coins.

To earn handsome profit every month, we are bound to carry out both savings and investing. The selection of coins for each job is very crucial decisions. Bitcoins should be used for saving and altcoins are best for trading. Trading with bitcoins is quite risky and no one can afford loss in the form of bitcoins.

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Quote from: JTASSOCIATES on August 25, 2017, 01:05:17 AM

In long time Bitcoin for sure going to give you benefit as the previous progress itself proof and not only that Bitcoin is the future for sure. So Bitcoin will Benefit on saving in long term basis.

Saving will only help you to earn money not bitcoin. And earning bitcoin is much better than earning money. Because having more bitcoins means having more money. If you cannot trade properly or you have any other genuine reason for not trading in bitcoin to make bitcoin then it makes sense but if you have time money and everything that you need even then you keep on saving it then that is ridiculous act to be honest.

ekans45

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Quote from: Cherylstar86 on March 11, 2017, 05:55:16 AM

Quote from: CROYA86 on March 11, 2017, 05:10:16 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.

Of course if you are going to hold your Bitcoin the very first benefit it could pro give to you is saving. As you hold you could have a saving out of you earning and you could used it if you needed it .

Yasirmrd

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Quote from: citizenh-ssd on August 27, 2017, 11:08:38 AM

Yes, bitcoin is advantageous to hold for a long time to get a huge profit. The one who kept bitcoin for several years now can enjoy a carefree, prosperous life.

I agree with you the price of bitcoin will go up as the supply of bitcoin is limited and the demand is increasing day by day. So if someone buy and hold bitcoin for long term he/she will earn huge profit. But if someone has complete knowledge and watch the market regularly he/she may also gain more profit from trading bitcoin.

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Quote from: futile-resistance on August 22, 2017, 03:32:28 PM

Quote from: drachman on August 21, 2017, 11:09:36 AM

Quote from: CROYA86 on March 11, 2017, 05:10:16 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

I hope that you got your answer with the past weeks, we hold because the earnings we get by doing nothing are amazing there is no other investment that you can make that gives to you these profits with such ease.

This is the main reason why people are crazy after bitcoins because they are not only currency but investments as well and that too which provide you great profit without any hard work. I really prefer buying bitcoins and holding them for years to be a new millionaire. Good luck all bitcoiners!

I agree with this bitcoin is an opportunity to make ourselves rich in a relatively short amount of time and the best part is that if you live in the third world you do not need hundreds of coins if you can get your hands in 10 or more bitcoins then you could be rich in your local currency.

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