bitcoin benefit of saving for a long time? - page 93.

Pepito Manaloto

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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 hold their Bitcoin so that the profit that they will earn in the future will be bigger because the market price of Bitcoin increases from time to time. They compel holding it through backdrops and deflations because they want their earning to grow and they are awared that after dumps, there'll be dumps eventually as what often happens.

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Quote from: Glorypaasa on August 20, 2017, 08:27:02 PM

I think people store their bitcoin is becuase bitcoin is volatile . all of us want a high income . they store they bitcoin is becuasee they want a high profit theyre waiting for the right time that bitcoin price is so very high.

That is we all wanted, a high profit from bitcoin and we can get that if we are going to store a lot of bitcoins in a safe storage like paper wallet or for much better, a hardware wallet. Because of the volatility of bitcoin and the chart seems signalling that it is going to the top always then the investors are believing that and they are just holding their bitcoin until to their target top.

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I think people store their bitcoin is becuase bitcoin is volatile . all of us want a high income . they store they bitcoin is becuasee they want a high profit theyre waiting for the right time that bitcoin price is so very high.

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Quote from: Isaacck1 on August 20, 2017, 07:35:32 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

Some people are storing bitcoins because it has a chance of getting higher, since we all know bitcoin's value is getting higher nowadays. I think you know this, but if you remember the history of the prices of bitcoin, those who spent their btc's 5 years ago felt regret. Those people probably don't want to happen that to them again. We all know here that its not in its best price yet, that's why we save.

Yeah and the holders of bitcoins will never be satisfied with the price of bitcoins as they will keep on looking for higher and higher price as most of the users wanted to sell their coins when price reaches to $4k but I am sure that they have not sold their coins and now they would be waiting to sell their coins at $5k price and the journey continues.

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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

Some people are storing bitcoins because it has a chance of getting higher, since we all know bitcoin's value is getting higher nowadays. I think you know this, but if you remember the history of the prices of bitcoin, those who spent their btc's 5 years ago felt regret. Those people probably don't want to happen that to them again. We all know here that its not in its best price yet, that's why we save.

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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

The benefit of storing, holding or saving you Bitcoin for a long period of time is that its price has a tendency of growing bigger as time is passing by. More people are now interested in Bitcoin that made its demand rise. Think of this, those who held their Bitcoin before the fork despite of the backdrops, surely earned big profit after the fork. It is the same goal of each person that holds their Bitcoin because they want it to become bigger in the future.

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Quote from: nicster551 on August 20, 2017, 07:11:08 PM

Quote from: daxiake on August 20, 2017, 06:57:16 PM

Quote from: janedt on August 20, 2017, 06:02:18 AM

I think the benefit of saving bitcoin for a long time is really big and good, imagine if you saving your bitcoins 3-4 years ago until today. You will gain massive profit here because the price of bitcoin is really huge increase than 3-4 years ago but it's more harder to do it right now because the price of bitcoin already high and we never know is the bitcoin price will increase like before or not.

Even if you failed to save your bitcoins till now it can be an learning experience for you and now you can start saving it for future as price of bitcoins will surely skyrocket in next few years so even after next couple of years if you manage to save at least 10 bitcoins your wallet then it will probably make you rich.

Yes saving bitcoin is a good idea because while you we're saving there is a big profit that generated from it. As we can see the years that passed from bitcoin it become helpful for their earlier investors to earn a big profit.

Yeah saving bitcoins for a long term is always good as price will never be the same in future and we will see much higher price of it so without spending it we should save it for future and if you have saved good number of coins then you can surely become rich in future if you sell it at a right time.

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Quote from: daxiake on August 20, 2017, 06:57:16 PM

Quote from: janedt on August 20, 2017, 06:02:18 AM

I think the benefit of saving bitcoin for a long time is really big and good, imagine if you saving your bitcoins 3-4 years ago until today. You will gain massive profit here because the price of bitcoin is really huge increase than 3-4 years ago but it's more harder to do it right now because the price of bitcoin already high and we never know is the bitcoin price will increase like before or not.

Even if you failed to save your bitcoins till now it can be an learning experience for you and now you can start saving it for future as price of bitcoins will surely skyrocket in next few years so even after next couple of years if you manage to save at least 10 bitcoins your wallet then it will probably make you rich.

Yes saving bitcoin is a good idea because while you we're saving there is a big profit that generated from it. As we can see the years that passed from bitcoin it become helpful for their earlier investors to earn a big profit.

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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 believe that way of saving the bitcoin, storing the bitcoin in wallet to get more income returns in the couples of months or maybe a year because as you can see now the bitcoin goes up the value price in the world in the crypto currency,

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Quote from: janedt on August 20, 2017, 06:02:18 AM

I think the benefit of saving bitcoin for a long time is really big and good, imagine if you saving your bitcoins 3-4 years ago until today. You will gain massive profit here because the price of bitcoin is really huge increase than 3-4 years ago but it's more harder to do it right now because the price of bitcoin already high and we never know is the bitcoin price will increase like before or not.

Even if you failed to save your bitcoins till now it can be an learning experience for you and now you can start saving it for future as price of bitcoins will surely skyrocket in next few years so even after next couple of years if you manage to save at least 10 bitcoins your wallet then it will probably make you rich.

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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

Actually,newbies get panic on seeing huge fluctuations in bitcoin price since that don't have enough knowledge about bitcoin price history.They get panic and sell their bitcoins immediately on seeing price dip and hence they are termed as weak hands.But,bitcoin investors who are in the field for years would have clear knowledge about bitcoin's potential and they clearly know that bitcoin price would surely rise in the future.So,they are not bothered about such price dips and they feel comfortable in holding their bitcoins in wallet itself for a long time.

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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 are storing and holding their Bitcoin to make profit out of it. They are waiting until its price increase as years are passing by. But it won't be as easy as everyone is thinking. There'll be dumps and pumps as time passes by. They will compel intoholding their bitcoins despite if backdrops take place. And they won't sell it in a sudden for a small pump on Bitcoin's price. People who are holding their Butcoin despite of this circumstances surely are patient.

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I think the benefit of saving bitcoin for a long time is really big and good, imagine if you saving your bitcoins 3-4 years ago until today. You will gain massive profit here because the price of bitcoin is really huge increase than 3-4 years ago but it's more harder to do it right now because the price of bitcoin already high and we never know is the bitcoin price will increase like before or not.

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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

On my own expriences with bitcoin, I find it more beneficial if you will store your bitcoin for a long time while waiting for it's value to grow larger than ever. Bitcoin's price is rising continuously and we all want to be rich and here and get more money by investing in bitcoin. All it takes is patience. Sometimes, we make bad decisions because we are too impatient. Good things take time. I've experienced a lot of good things because of being patient and I know it would also be applicable with bitcoin.

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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 many people store their bitcoin for a long time because the price of bitcoin is continually rising. I've witnessed it myself that investing in bitcoin for a long time would be very beneficia. It can make you rich right away only if you are wise on your decisions with bitcoin. Imagine having your bitcoin kept for a long time then getting it out after, it would really be large. Bitcoin's price today is way too different from it's price way back many years so those who have kept some of their bitcoins will surely benefit today.

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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 a lot of reasons on why people tend to store their bitcoin on their wallet for a long time. Maybe because there are series of pumps happening and it would not be a good idea to get your bitcoin right away. Some store it because they are waiting till the value of bitcoin is high enough for their satisfaction. Having long term investment will surely give you a high reward after waiting for long time. So if I were you, I would think wisely in investing or spending my bitcoin.

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yes iff no need money in real life keep btc make trading exchange for up youre btc
long time btc give you very good rewards
8 years ago when btc appears was 2$ now is 4k soo make calculation ith only 2k$ investing in 2010 now you got 4 million poor to rich guy in 8 years

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Quote from: KnightElite on August 20, 2017, 02:38:49 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

The main reason why many people storing their bitcoin for a long time is they want to earn big amount of money. Long term investment is very effective way to earn money. I also prefer long term investment because I know that I can earn profit.

Yes by saving bitcoin for a longtime it also help you to have a longterm investment with a high return and also a high risk in this investment but nothing to worry much because their are many investors now that supporting the bitcoin and make it a valuable coin.

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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

The main reason why many people storing their bitcoin for a long time is they want to earn big amount of money. Long term investment is very effective way to earn money. I also prefer long term investment because I know that I can earn profit.

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Quote from: dunfida on August 20, 2017, 02:13:13 AM

Quote from: anume123 on August 20, 2017, 02:07:10 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

Saving your bitcoin in a long period of time can benefit you in the future. So keep your bitcoin in your wallet for a long period time because we cannot say if tomorrow's the value of the bitcoin increases very high. It's better to save your bitcoin than waste it.
Bitcoin if you saved for a long time you can saved a big bitcoin for not to pay it in other store.

How about on bitcoins price might decrease tomorrow? We cant assume anytime that the price would really go together with our expectations we should not really forget the risk behind it and how price volatility works. Bitcoin saving is really a good habit since we can see that prices do soar up high and I would recommend this thing for those who earn bitcoin without the need on pulling up money on their pocket but for those people who do make use of their local fiat exchange to bitcoin we should only put on the amount that we can afford to lose up.

Well, many think like that. Sees the potential for bitcoin prices now rising rapidly, leading many to think that storing bitcoins over a long period of time can make huge profits. But, I think this has been around since the bitcoin itself is in shape. People just hesitated with it. But has much to prove it.

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