I will save it for future but not too long as anything can happen to bitcoins in future so I will prefer to save it only for next 5 years and if it reaches my expected price then without waiting longer I will sell all my bitcoins and grab the profits.
Yeah anything can happen to bitcoin in the future, but I think what will happen most likely is the higher bitcoin popularity. Look at bitcoin development from year to year. Shows a very good signal that the future of bitcoin will be very popular and of course the price will be very high in the day 
Topic: bitcoin benefit of saving for a long time? - page 95. (Read 82307 times)
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Come share your thoughts
A lot of people store their bitcoins in a wallet for a long time because they are hoping to multiply their investment after a few years. Long term saving can provide long term benefits but we still need to be careful because we are not sure if the bitcoin price will continue to increase for a very long time since it is so unpredictable. I personally want to store my bitcoins too but not for a very long time. Just until bitcoin reaches the price that I am expecting. I haven't decided yet what to do after that.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Come share your thoughts
A lot of people store their bitcoins in a wallet for a long time because they are hoping to multiply their investment after a few years. Long term saving can provide long term benefits but we still need to be careful because we are not sure if the bitcoin price will continue to increase for a very long time since it is so unpredictable. I personally want to store my bitcoins too but not for a very long time. Just until bitcoin reaches the price that I am expecting. I haven't decided yet what to do after that.
They save bitcoin for a long time because they know that the bicoins price will go not double, triple but 4-5x it's price of today. Just like 5years ago many people ignore bitcoins just look what's the value of it today many people invest bitcoin past years ago and look at them now, they're now rich because they wait for the right time. The benefit of saving for a long time is the longer you hold your bitcoin the more richer you're going to be in the future.
Sure. Bitcoin provides longterm benefits, bitcoin more than just modern trend in financial world. But also an investment choice.
It can provide long term benefits when it has reach to that much level like if you are holding bitcoin for long time then it will provide a long term benefits if you are holding bitcoin for short term then it will provide short term benefits so it is basically depended on people that how much time they want to keep their bitcoin so I hope you got my words as well. 
The biggest benefit long term saving will have is Bitcoin is showing a very fast growth rate and if a person holds his Bitcoin for a long time then he can expect enormous returns from his savings.
I will save it for future but not too long as anything can happen to bitcoins in future so I will prefer to save it only for next 5 years and if it reaches my expected price then without waiting longer I will sell all my bitcoins and grab the profits.
Correct but you can diversify too. Sell the others and save for the future use atleast you won't regret if it fly high coz you still have.
I will save it for future but not too long as anything can happen to bitcoins in future so I will prefer to save it only for next 5 years and if it reaches my expected price then without waiting longer I will sell all my bitcoins and grab the profits.
Investments in altcoins are made in a short term basis since many altcoins could even disappear in the long run and also they are highly volatile.But investment in bitcoin is made only in a long term basis.Bitcoin would not yield more profits in short term.Thats why people find themselves comfortable in saving bitcoins in wallets in a long term basis.
Yup if you want to gain higher benefits from bitcoins then you should save it for a long term and you can also make some profits in short term if you buy at low price and sell at higher price but it will never give you huge profits which you can earn by holding it for a long term.
It requires us to focus and that means we need to exert time and effort, on the other hard long term investment does not require a lot of time
but it can also bring great return as the market is progressing so it's up to us to choose which kind of investment we will choose.
as if you do your own experiment just like what i have done. long time investment when we talking about cryptocurrency like bitcoin i think it is far better to do it instead trading in daily basis. you will save a lot of time to spend there too and just waiting for the right time.
definitely, it will...
since Bitcoin is a profitable currency so that people are getting benefitted from this system. in recent times, Bitcoin has gained a massive amount of value. so if this rate will remain same then saving Bitcoin will be a great asset for anyone.
since Bitcoin is a profitable currency so that people are getting benefitted from this system. in recent times, Bitcoin has gained a massive amount of value. so if this rate will remain same then saving Bitcoin will be a great asset for anyone.
Bitcoin is a relatively private currency, we do not want people to know what we have bought on bitcoin, by storing bitcoin in a long time we can get many benefits. Among other things, if we invested a bit on bitcoin from now on, then in the next few years the money we invest will increase in value, Because bitcoin will grow and develop further.
Bitcoin is an long term investment like gold so if you want to make good money from it then you should save it for a long term and if you are looking to become rich in quick time from bitcoins then you are at a wrong place as you need to have good patience to make good money from it.
- In addition, no one can be sure the price of bitcoin will continue to rise for a long time, the future is unpredictable. The plan to save bitcoin in the long run is a double-edged sword, we should be careful
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 that they would get if they store there bitcoins in a long time is there bitcoins could go higher if bitcoins price increase because bitcoins price is not stable so it's better to save your bitcoins and wait to it's price to increase and because we can't predict if bitcoins price will fall down or will go up.Come share your thoughts
Bitcoin will always involve ups and downs in the price and you cannot expect only growth in the price as sometimes it will also fall down but it has an potential to bounce back so if you save it longer then you are likely to make good profits from it.
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 that they would get if they store there bitcoins in a long time is there bitcoins could go higher if bitcoins price increase because bitcoins price is not stable so it's better to save your bitcoins and wait to it's price to increase and because we can't predict if bitcoins price will fall down or will go up. Come share your thoughts
Bitcoin is a relatively private currency, we do not want people to know what we have bought on bitcoin, by storing bitcoin in a long time we can get many benefits. Among other things, if we invested a bit on bitcoin from now on, then in the next few years the money we invest will increase in value, Because bitcoin will grow and develop further.
Bitcoin is an long term investment like gold so if you want to make good money from it then you should save it for a long term and if you are looking to become rich in quick time from bitcoins then you are at a wrong place as you need to have good patience to make good money from it.
Bitcoin is a relatively private currency, we do not want people to know what we have bought on bitcoin, by storing bitcoin in a long time we can get many benefits. Among other things, if we invested a bit on bitcoin from now on, then in the next few years the money we invest will increase in value, Because bitcoin will grow and develop further.
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 heard from other that it is worth to hold your bitcoin because we know that bitcoin has volatile characteristic. Meaning if you buy bitcoins now and hold it for the long time till its reach the maximum price you'll get a high profit if you sell it all. I think that those who make that was rich now especially those people who bought since bitcoin began. Come share your thoughts
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Come share your thoughts
I think one of its benefits is that they would have the flexibility to oversee the trends and be able to choose when to sell or use it if the time is right. Also by choosing not to use it they also have the ability to continually increase it by just making it grow on its own.
Short-term investments can generate more revenue than long. You often wrap your money and small income often goes to your account. Long-term investments can lead to the fact that the profit can turn into loss and you lose your savings.
I think people who keep bitcoin in a long time, usually it includes long-term investment, I never do long period because of capital for large long-term investment, while my capital is only a little, so my investment is only short-term
Investments in altcoins are made in a short term basis since many altcoins could even disappear in the long run and also they are highly volatile.But investment in bitcoin is made only in a long term basis.Bitcoin would not yield more profits in short term.Thats why people find themselves comfortable in saving bitcoins in wallets in a long term basis.
Yup if you want to gain higher benefits from bitcoins then you should save it for a long term and you can also make some profits in short term if you buy at low price and sell at higher price but it will never give you huge profits which you can earn by holding it for a long term.
It requires us to focus and that means we need to exert time and effort, on the other hard long term investment does not require a lot of time
but it can also bring great return as the market is progressing so it's up to us to choose which kind of investment we will choose.
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