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Topic: bitcoin benefit of saving for a long time? - page 92. (Read 82331 times)

sr. member
Activity: 734
Merit: 250
what will be the intention of most people who keep bit coin for long is, having higher yield. only a few will simply keep it for saving sake. but anyone who keeps it for the yield should know the price may also drop.
the last thing you said my afraid the holders but trust me price never drop to much that the investments of investors gone, this drop only happen for a week due to buyers, when buyers buy the bitcoin in the low price then the time for sellers will come price become very high and they sell their bitcoins r deposit the bitcoin. So I advise long term holder to not afraid.
sr. member
Activity: 756
Merit: 250
Saving with bitcoin is of course beneficial as its price is increasing fay by day it will be very much profitable and one can earn more if a person is holding the coin in wallet for long period of time.
I completely agree with you, especially if a person has material stability and therefore to save Bitcoin for him has a real conclusion and a good end result. But is there today for some cryptocurrency This is the only way to earn an income, the spending Bitcoin are quite predictable. How then can you save to save Bitcoin for the future?
member
Activity: 67
Merit: 10
Saving with bitcoin is of course beneficial as its price is increasing fay by day it will be very much profitable and one can earn more if a person is holding the coin in wallet for long period of time.
full member
Activity: 411
Merit: 101
I agree with the person who keeps the bitcoin in their wallet. Because if the high bitcoin price we can sell it and we will definitely benefit a lot. Cheesy
sr. member
Activity: 756
Merit: 252
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.
full member
Activity: 1004
Merit: 111
my wallet can pay bills ... send loads..
i leep my BTC there because it has currency converter of PHP to BTC and BTC to PHP..
which is fun.. i can see the BTC value is dumping what i will do is cconvert all to php then afterwards a few hours i will buy btc using php then it earn!!!
full member
Activity: 372
Merit: 100
The Organic Growth Token
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Just because they want to make money in the future. They are storing it because they are awared that its vakue increases from time to time and as years are passing by. Bitcoin's value increases as its demand rises and since the demand is continuously growing at this moment, they are expecting that Bitcoin's price in the future will be more expensive than its current price.
hero member
Activity: 1680
Merit: 655
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.
full member
Activity: 364
Merit: 100
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.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Bitcoin just like gold .. the longer you save it the greater the profit you will get. Bitcoin prices are very volatile and often change. This is where people usually take advantage of bitcoin. They buy bitcoin on the cheap then save it and wait for bitcoin prices to go up. You just need to be patient and not emotional. You must be sure the bitcoin price will go up as you imagine. You will benefit a lot if you do that.
That is the right mindset for the every investor that we have in bitcoin. They need to think that bitcoin is also best for long term like the gold that we have right now and if they are going to keep it for long term then they will earn a lot of money also like the people who invested in gold for more than decades.
full member
Activity: 182
Merit: 100
Buglab.io
Bitcoin just like gold .. the longer you save it the greater the profit you will get. Bitcoin prices are very volatile and often change. This is where people usually take advantage of bitcoin. They buy bitcoin on the cheap then save it and wait for bitcoin prices to go up. You just need to be patient and not emotional. You must be sure the bitcoin price will go up as you imagine. You will benefit a lot if you do that.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


Same as me, i am storing and investing bitcoin in a wallet on this time, because for sure bitcoin will go up high in coming days weeks months or even years, but we dont know that if it is possible, so for i do have a lot of trust in bitcoin and its future.😎
I also, like many things I believe in bitcoin, so I started investing in the long run in the hope that it will give me a considerable profit in the future, and I am sure it will happen.
full member
Activity: 126
Merit: 100
I think they will get a lot of benefits from storing bitcoin for a long time. Always rising bitcoin prices make us get a lot of profit. You do not have to work hard to earn money. Just by storing bitcoin only. The longer you store bitcoin the more money you will have. It's because of the demand of bitcoin a lot and makes the bitcoin price go up. If we look at bitcoin prices from year to year rise significantly. This is your time to invest bitcoin in order for you to earn money
full member
Activity: 364
Merit: 101
DanJoN
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


Same as me, i am storing and investing bitcoin in a wallet on this time, because for sure bitcoin will go up high in coming days weeks months or even years, but we dont know that if it is possible, so for i do have a lot of trust in bitcoin and its future.😎
sr. member
Activity: 658
Merit: 256
Freshdice.com
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

For the simple reason that they want their profit to be bigger in the future. Since Bitcoin's market value is increasing as years are passing by, they will hold it in the prrsent where its price is not that high, and will sell it in the future where its value increased way far from its price since the user bought it or started holding it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
saving bitcoin for a long time will give us benefit, we know if we buy bitcoin at $4000 and we save for 1 years and in that years, the price is increase at $5000, we will make $1000 profit. but no one will know if this will be like i write here or not but one thing that i only know saving bitcoin is really work like what i am save in 2016 until now. but i won't selling now because i want to see the price is higher and then maybe i will sell it.
hero member
Activity: 686
Merit: 500
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Actually,only altcoins are bought in a short term basis due to their high volatile nature.But investments are made in a long term basis to get benefits as in a short period of time,bitcoin would not give that much benefit.Thats why most bitcoin holders don't bother about the short time price fluctuations and they feel comfortable to just hold their bitcoins.
sr. member
Activity: 1246
Merit: 255
what will be the intention of most people who keep bit coin for long is, having higher yield. only a few will simply keep it for saving sake. but anyone who keeps it for the yield should know the price may also drop.
sr. member
Activity: 882
Merit: 253
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 they only believe that the bitcoin they stored can give then lot of benefits in the future and look at they now it's price continue to increase day by day. If they stored bitcoin a year ago, I know that it gives them much profit today. They target for there bitcoin as long term investment. I also wondering for users that buy some bitcoin in early stage of bitcoin, I think they all millionaires now. Those people are really believe in power of bitcoin. Good for the investors and users who buy and  believe in bitcoin years ago and Bad for those people that ignored bitcoin at that time.
hero member
Activity: 728
Merit: 500
Well man this is so simple, if you buy a bitcoin today at 4 thousand dollars each, you will probably hold it until it reach a higher value, and then you sell. This is what most people do, and i am doing.
Its just speculate with the price, buy low and sell high, like everyone does with bitcoin or just with altcoins.
The only benefit we get is more profit in the future, so simple
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