bitcoin benefit of saving for a long time? - page 90.

hellen xaveria

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Quote from: chocolah29 on August 24, 2017, 07:12:33 AM

People save it because they know that bitcoin is volatile. If you just hold it for long term you will have profit if you watch and wait the moon. Bitcoin is increasing its price every now and then and if you sell it when someone are trolling then it will be your lose. So better not to panic and trust your coin.

We agree that it is the belief that will lead and bring us to luck, hopefully bitcoin will always rise in price even though a lot of exposure will wobble bitcoin, and bitcoin users will remain faithful to accompany, until the highest price of bitcoin even for a long time

JTASSOCIATES

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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.

drachman

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Quote from: Theb on August 21, 2017, 09:40:43 AM

Quote from: LeoEspansq on August 21, 2017, 09:17:38 AM

Of course bitcoin is better for long-term storage in order to earn as much money as possible at a price increase, but if you really need money, it can also be used for short-term investments.

Its not how long you hold your Bitcoin in order to earn more from your Bitcoin, but it is about what price did you bought your Bitcoin and what price did you sell your Bitcoin. For example Bitcoin 1 week before August 1 dropped at 1800$ but after August 1 the prices skyrocket to above 3000$, did you get what I mean? Prices are more important than how long you are holding it.

But the longer you hold the greater the odds you have to make money anyone that has been holding since one year ago is in profit and the farther you go into the past the greater the profits.

SoulEaterRR

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Bitcoin for a long time can bring a very fabulous profit because of its fantastic price increase, but in the short term you can make good money. In any case, this is a wonderful choice.

syaripudin

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Bitcoin is the best asset for the future. I think that's one of the reasons people keep bitcoins in the future. Besides the unstable bitcoin price makes one think to keep it. That's just some of the reasons I mentioned. A definite for now bitcoin has become everyone's choice for investment. Because the price of bitcoin is very high. And most importantly you can control your emotions. Because of the panic that we do of course we will do the wrong thing, need a very mature calculation in making decisions.

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Quote from: chocolah29 on August 24, 2017, 07:12:33 AM

People save it because they know that bitcoin is volatile. If you just hold it for long term you will have profit if you watch and wait the moon. Bitcoin is increasing its price every now and then and if you sell it when someone are trolling then it will be your lose. So better not to panic and trust your coin.

Exactly. And i think bitcoin is really for long time saving unlke many other altcoins. You can get profit from daytrading with btc but the movement is not as spiky as those of smaller alts. If you are interested in day trading, better study other altcoins other than btc

chocolah29

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People save it because they know that bitcoin is volatile. If you just hold it for long term you will have profit if you watch and wait the moon. Bitcoin is increasing its price every now and then and if you sell it when someone are trolling then it will be your lose. So better not to panic and trust your coin.

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Quote from: v0rtecxz on August 24, 2017, 03:07:43 AM

In my opinion, the reason why they store their bitcoin is probably because bitcoin prices have not been what they want, and they store them and wait to sell them at the right time, and maybe some of them make bitcoin as a place, save or As a savings or as an Investment for Because bitcoin is a lucrative investment for the future because of its high growth and high prices, which makes many of them withhold the bitcoin that it has

certainly that's the most reason why people loves investing with bitcoin the value keep rising year after year and a lots of big potential that it will
make more than what we are seeing now, bitcoin will be embrace by more risk lover person knowing that taking chances will bring them good
returns.

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Quote from: Distinctin on August 24, 2017, 03:08:21 AM

Quote from: Wingo on August 24, 2017, 02:46:20 AM

The price of bitcoin is constantly increasing, saving it for a long time earns a profit. Your money grows, we can say that this is an investment, it's just that your money is moved by the price of the bitcoin. No one knows whether its price will go down. But for a long time, the price always gets high and as of today, it is unstoppable. With the growing reputation of bitcoin it will surely not fail you if you save it at the right time.

If you have the balls to save it for a long period of time, most likely you will get a good reward.
The best way to grow your money fast is by investing regularly, you buy bitcoins every time you have extra money and just forget about
it until the time you are ready to cash out.

We should not invest in bitcoin if we have extra money because the right thing to do is income minus our savings or investment fund then the difference will become your budget for your expenses. It is better to make your investment and savings as a your priority and not expenses because those two can help you to preserve and grow your money.

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Quote from: Wingo on August 24, 2017, 02:46:20 AM

The price of bitcoin is constantly increasing, saving it for a long time earns a profit. Your money grows, we can say that this is an investment, it's just that your money is moved by the price of the bitcoin. No one knows whether its price will go down. But for a long time, the price always gets high and as of today, it is unstoppable. With the growing reputation of bitcoin it will surely not fail you if you save it at the right time.

If you have the balls to save it for a long period of time, most likely you will get a good reward.
The best way to grow your money fast is by investing regularly, you buy bitcoins every time you have extra money and just forget about
it until the time you are ready to cash out.

v0rtecxz

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In my opinion, the reason why they store their bitcoin is probably because bitcoin prices have not been what they want, and they store them and wait to sell them at the right time, and maybe some of them make bitcoin as a place, save or As a savings or as an Investment for Because bitcoin is a lucrative investment for the future because of its high growth and high prices, which makes many of them withhold the bitcoin that it has

Wingo

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The price of bitcoin is constantly increasing, saving it for a long time earns a profit. Your money grows, we can say that this is an investment, it's just that your money is moved by the price of the bitcoin. No one knows whether its price will go down. But for a long time, the price always gets high and as of today, it is unstoppable. With the growing reputation of bitcoin it will surely not fail you if you save it at the right time.

jamids

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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?

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Saving your bitcoin in your wallet for a long time is profitable especially for those that has bitcoin few years ago. The value of their coins have multiplied 10x or 20x already and saving it is the safest way for your money to grow. It is more risky if someone trade or invest it somewhere with the hope that their amount of bitcoin would increase and then lose in trading or the site where they invest is gone so they would choose the safe way where they would just continuously save in their wallet not withdrawing because it would be valuable in the future.

uztre29

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Because they have noticed that bitcoin's value rapidly increases in accordance to time. Saving bitcoin is like investing. Once you cashed out your bitcoin after you hold it for so long, its value is never the same as before. Therefore, by doing that strategy, it will give you a great benefit. We all know that benefit is good because the value of bitcoin will grow bigger easily.

wuvdoll

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Quote from: slashz9 on August 22, 2017, 06:16:49 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.

Haha, don’t be afraid of fluctuations. They are just the beauty of crypto market and are essential for the continuous circulation of crypto currencies. Yeah, bitcoins are quite popular among people especially youngsters who are always digging their heads into technology. People are treating bitcoins as long term investment because of their potential to produce enormous profits.

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Quote from: Karmakid on August 23, 2017, 03:13:49 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

People are saving their bitcoin because bitcoin price is still increasing, just imagine if you've saved some bitcoin and when it doubles it's price after a month, it's also the same as you've doubled your money too. I think that bitcoin is a good investment and that it will grow as time goes by.

It should be a give away that bitcoin is really good for saving for a long time because the price could literally skyrocketed in the next succeeding months. As for me, if I have the opportunity to buy and save it for long time I will do it. If we could get just little by little, in no time you will have accumulate and just hold on it and never sell, unless you really need the money for emergency. Because your money will multiple many times if you can save it. The longer you preserved it, the more profit you can get from it.

Karmakid

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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

People are saving their bitcoin because bitcoin price is still increasing, just imagine if you've saved some bitcoin and when it doubles it's price after a month, it's also the same as you've doubled your money too. I think that bitcoin is a good investment and that it will grow as time goes by.

aeternus

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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

I think the benefits are very obvious if you bought when bitcoin was around 200 dollar then you have got 21 times the value of your investment in just a few years for those that bought when bitcoin was only a dollar or two the earnings have been nothing but amazing.

aysg76

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People store it when is price low or there is some dip since its price is highly unstable as bitcoin quite unstable. Its price over and over time changes drastically rendering people to earn some good profits. This is how they benefit from saving btc and selling them when market is at hike...

Kr-sama

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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 it because the price of bitcoin increases overtime. It can change dramatically, it can double it's price in a span of just a year. And that is how they make profit. Buy btc for a lower price then sell it when it's price increases

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