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Topic: Bitcoin saving. - page 19. (Read 4129 times)

full member
Activity: 210
Merit: 101
December 06, 2017, 04:51:20 AM
It's good to accumulate a lot of bitcoin and save it so that in the future it will increase the amount of bitcoin we can get a lot of money and we can build a small business. When bitcoin is great, you can buy some money here or convert bitcoin to peso to our country. You can buy it when you have a big bitcoin with all the campaigns you get and help your parents pay for the home fees.
sr. member
Activity: 308
Merit: 267
December 06, 2017, 04:21:00 AM
There's no doubt about it. Some of the people here in the cryptocurrency industry experience that already where in they bought bitcoins for a low price or they earned it and now they're rich now but the only problem is that when the bitcoin crash or the value drops. We should know the risk first before we invest for a long term because the longer we hold our bitcoin the higher the risk but if it becomes successful we can earn a lot through long term investment.

Here are some of the advantages and disadvantages of holding bitcoin for a long time.

Advantages:
• You can earn a lot without doing nothing.

Disadvantages:
• Your bitcoin may become less valuable the more you hold it, because we don't know what will happen in the future.
• The bitcoin will get ban in your country and you don't have an access to it.
full member
Activity: 360
Merit: 100
December 06, 2017, 04:15:10 AM
.Many people think that earning bitcoin is easy. But for me bitcoin is precious and hard to find. I will save every bitcoin I do not waste any bitcoin. At present, bitcoin is relatively high as the number of people who buy bitcoins increases and bitcoins are scarce. So, we need to save btcoin for later.
newbie
Activity: 73
Merit: 0
December 06, 2017, 03:53:23 AM
Saving bitcoin is never a liability because it cost you nothing to save but price stability is what matters. If the condition is favorable by increase in price in bitcoin over during the period of saving then it is a welcome development. Person involve in saving must be conversant with news about bitcoin prices daily.
member
Activity: 378
Merit: 10
December 06, 2017, 03:31:02 AM
I think so too. The best strategy for investing in bitcoin is to buy and hold it. If you bought bitcoin in early 2017,
you would increase your savings by more than 10 times. Many experts say the same trend will continue in 2018.
full member
Activity: 316
Merit: 100
December 06, 2017, 01:43:11 AM
It is very difficult to hold bitcoin without spending it, but it can be calibrated by making other business, such as online shop. He can be an extra income for you, and your bitcoin will stay safe.
full member
Activity: 563
Merit: 102
December 06, 2017, 01:20:31 AM
As a believer in bitcoin, there is nothing wrong in saving them for the future, if you ask me why? I mean if you take a look at it now as compared to the price in the previous year. You will see how much bitcoin has grown and developed I mean it's taking the economy by storm by keeping stronger and stronger as time passes by.

for me it is a great idea and wise decision to save your bitcoin for the future. it can be an investment and of course you must study the price as well but at this moment bitcoin is rising high. those who invested in bitcoin in previous year they van be a millionaire if they invested big amount of btc as the proce now is more than double. so for me i have a trust in bitcoin and i am still willing to invest and save for the future.
sr. member
Activity: 638
Merit: 300
December 06, 2017, 01:12:39 AM
How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

Yeah true and that is happening right now. People who invested before in bitcoin like even it started only last september it has a bigger value now. So people who keep hold their bitcoin has earned bigtime as the price of bitcoin is soaring high. It is not still late to invest now, I believer ot wiol continue to increasenits value.
full member
Activity: 354
Merit: 100
December 06, 2017, 01:04:57 AM
How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

holding back from selling bitcoins quickly is the best strategy you can use. Long term is best because many believe that bitcoin prices will increase in the years ahead. There you can get satisfactory result
sr. member
Activity: 616
Merit: 262
December 05, 2017, 11:57:37 PM
How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

You can do so. I believe a lot of people are doing it. Just saving bitcoin and then wait for its fiat value to go up which is highly likely in the future. I have known some who opt to withdraw some of their savings and put it in bitcoin because the increase in value is much higher than just saving it in bank. There are others who tried trading but then lose and doesn't want to trade again so they just save their bitcoin and let it grow in value. Others are saving coins for their children so that when they grow up and bitcoin will continue to soar in value then it could pay for their education.
full member
Activity: 1064
Merit: 112
December 05, 2017, 11:49:48 PM
How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?
on my opinion I think you're right we need to keep it as our asset to gain more profit in the future.as of now bitcoin value Still increasing which is it give us more profit now adays. Lol sorry for those who sell early. .and also i have doubts maybe it will continue to surge until the year end without Struggle.  We will be rich soon. Haha
newbie
Activity: 28
Merit: 0
December 05, 2017, 11:48:55 PM
is it much better to have your saving stored in a bitcoin offline wallet than in your bank in regards of year incomes.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
December 05, 2017, 11:47:35 PM
if that's your opinion it will be more profitable for you why not, but if it is just saved and bitcoin price goes down you must be losing ... i will be trading if i have bitcoin it is better than saved.
trading will indeed be better when compared to hoarding bitcoin and sold in the future.
but trading requires experience and maturity in predicting
because if the wrong step is not the profit that is owned but the loss of the can
full member
Activity: 250
Merit: 105
December 05, 2017, 11:38:36 PM
How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?
Well you'll be rich if bitcoins value in he future is bugger than its value now, but if not you will lose big. Saving is a very good thing, I also do that and I prefer to do that rather than buying. But this must not go like this, because in order to continue the cycle we must also spend, maybe some, for the currency to circulate. Because it will be non sense if all people will just spend, it will not grow. As of now, bitcoins value is big, it is up to you on how are you going to use yours, either save or spend it.
jr. member
Activity: 40
Merit: 11
December 05, 2017, 08:57:25 PM
if that's your opinion it will be more profitable for you why not, but if it is just saved and bitcoin price goes down you must be losing ... i will be trading if i have bitcoin it is better than saved.
sr. member
Activity: 547
Merit: 253
December 05, 2017, 08:42:53 PM
How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

Well, this is one of the things that Bitcoin users always doing, which ia called HOLDING. If you really trust and believe in Bitcoin, you will be able to wait and wait for it and hoping that it would increase its rate and price. If you are the one who always doing it, this is not a bad thing but you must also spend some of your bitcoins for your needs and wants.
member
Activity: 182
Merit: 14
December 05, 2017, 08:33:50 PM
You have 2 options, to save or to do something else with the Bitcoin in the terms of trading, investing and else. There are few people that save Bitcoin believing that it will rise in value even more as the time passes by and I can't blame them cause Bitcoin has advanced so much from its slow start and it is implementing itself into almost everything. Saving is safe for now and I would recommend it but if you are willing to take a risk you can gain more profit by trading and taking right opportunities in right time.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
December 05, 2017, 08:16:08 PM
As a believer in bitcoin, there is nothing wrong in saving them for the future, if you ask me why? I mean if you take a look at it now as compared to the price in the previous year. You will see how much bitcoin has grown and developed I mean it's taking the economy by storm by keeping stronger and stronger as time passes by.
Saving bitcoin is wise idea for emergency use and for my future, the reason why im saving is because the increasing value of bitcoin day by day, also when you have saving it can help it to you to when you really need money. Then is better if you have saving than nothing to get.
full member
Activity: 448
Merit: 100
DOMINIUM - Decentralised property platform
December 05, 2017, 07:58:17 PM
How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

You're probably right and if you're doing it since the day you've created this post, you really have earned a good profit even just a short period of time. Bitcoin has reached a new high of 12K already and that indicates that the demand is drastically increasing. So keeping your bitcoins in your wallet means a real asset that could make you reach in the NEAR future.
sr. member
Activity: 309
Merit: 251
Make Love Not War
December 05, 2017, 07:52:47 PM
How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

Most of the believers and enthusiasts thinks this way, we believe that we are just starting to dominate the charts, we should not overlook the performance of the altcoins, for if we entered its market correctly it will give us more bitcoin than just by saving bitcoins in our wallet, yet this will come with risks, but what is life without a risk, going to work will incur risks for our lives, why not let your money or bitcoin have risk than your own self. 2018 is a very exciting time for bitcoin and I can't wait to get to the feel of it. Bitcoin and altcoins are going to conquer the markets that is for sure for big boys are already coming (new york exchange and mcdonalds), those are serious companies we are talking about.
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