I think Bitcoin will rise even more the next 3 years.
It could be that after a time other Coins like ETH or IOTA will taken the lead for the technical part. Also for sending and receiving money.
Bitcoin will still keep his value but will maybe be volatile like Gold and also treating like Gold.
Thats my opinion
Topic: Bitcoin saving. - page 26. (Read 4129 times)
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?
Yes more you hold Bitcoin more you Rich.if every person who knows and understand about Bitcoin holding just half Bitcoin so in next few years bitcoin will touch 50k$ easily. 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?
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I personally think that buying bitcoin today and holding is a good choice at this point. I must say that i am really shocked by the fact bitcoin price has just soared like crazy in the last 48 hours. Normally those price changes seem to happen on a sell off.
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?
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?
it is always good if we are earning bitcoin and then saving bitcoin only and not using the bitcoin because bitcoin itself has a bright future. like you said, we will be rich in the future. but for some people, they still need money and this is why they exchange the bitcoin to fiat so they can buy something. if we have an offline work then we can continue our life and we can buy something with our income. but for people which don't have offline work and only depend on the online work, then they need to exchange the bitcoin for money.
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?
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?
it is always good if we are earning bitcoin and then saving bitcoin only and not using the bitcoin because bitcoin itself has a bright future. like you said, we will be rich in the future. but for some people, they still need money and this is why they exchange the bitcoin to fiat so they can buy something. if we have an offline work then we can continue our life and we can buy something with our income. but for people which don't have offline work and only depend on the online work, then they need to exchange the bitcoin for money.
It is an investment. And your goal is to make profit. Saving bitcoins is an investment because the price increases.
wow, bitcoin now over 10,000. It's incredible.
Consider bitcoin, as an investment and asset? I agree, the option is excellent, I also think I should do it. Self-confidence will bring a lot of money, by its growth.
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?
Sure ..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?
I am not just earning bitcoin but using it for various things in my life. it's just better in saving because you are rightly the price of bitcoin is now on the rise and can also continue to rise for the future.
but remain cautious with the extremely sensitive bitcoin price. if not, it sometimes keeps us trapped in failure. I think, not just the bitcoin we have to saving. the other coins must keep us guarded because I'm sure one day the price will soar high. as well as ETH and others. do not forget the HDAC. HDAC is the next generation digital service platform based on trust. and You can find the difference from the other coins.
I agree with your views about savings in BTC because BTC value most probably will keep rising.
But I suggest you to diversify, by saving half in BTC and half in fiat. In case of raining days, it is easier and faster to get funds too.
But I suggest you to diversify, by saving half in BTC and half in fiat. In case of raining days, it is easier and faster to get funds too.
This is possible when or if the one investing or holding is much richer than the ordinary investors.. It requires more than believing but sacrificing and if family’s is in the way that will change,, so take thinks insensitively as it always need some understanding that cryptocurrency is different from money making stock market for rich individuals and that is surely makes something unpredictable..
Why would someone sacrifice his family needs for bitcoin? I mean we all work for our families. It is not a good idea that you invest all your money to the point that your family is sacrificed because in the end you will regret it. 
This is possible when or if the one investing or holding is much richer than the ordinary investors.. It requires more than believing but sacrificing and if family’s is in the way that will change,, so take thinks insensitively as it always need some understanding that cryptocurrency is different from money making stock market for rich individuals and that is surely makes something unpredictable..
With the increasing value of bitcoin, most people hold their bitcoin and wait till prices hit to the highest price and sell. I'm sure there are possibility to be rich in the future once you save your bitcoin now.
Also, what's your definition of 'rich'? That's a pretty loose term. Do you mean a multi-millionaire flying in a private jet and drinking mojitos on a beach somewhere? You probably won't get rich on holding and saving BTC alone, not anymore.
If you mean rich as in your debt is paid off, you live comfortably, and you have nice things? Probably, if you're smart with your investments, put a big chunk in and hold it for 10 years.
It's tough to imagine BTC hitting $10k like it did, especially when it went from $800 -> $100 a few years ago, it looks like that was the real value. Now it's over $10k. Can it hit $100k? Do you think that's a huge stretch? If you bought 0.1BTC now, and held, you'd have 0.1BTC in 10 years, and then BTC hit $100k, what would you have? Your investment would have gone from $800 USD to $8000 USD, perhaps? You might not be rich, but you might be more comfortable.
Saving BTC alone won't make you rich, unless you can already afford several BTC and want to 10x your money in some amount of time over the next 10 years. Buying and selling altcoins and wisely investing could make you much more money, and 'much rich'
If you mean rich as in your debt is paid off, you live comfortably, and you have nice things? Probably, if you're smart with your investments, put a big chunk in and hold it for 10 years.
It's tough to imagine BTC hitting $10k like it did, especially when it went from $800 -> $100 a few years ago, it looks like that was the real value. Now it's over $10k. Can it hit $100k? Do you think that's a huge stretch? If you bought 0.1BTC now, and held, you'd have 0.1BTC in 10 years, and then BTC hit $100k, what would you have? Your investment would have gone from $800 USD to $8000 USD, perhaps? You might not be rich, but you might be more comfortable.
Saving BTC alone won't make you rich, unless you can already afford several BTC and want to 10x your money in some amount of time over the next 10 years. Buying and selling altcoins and wisely investing could make you much more money, and 'much rich'
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?
I think we should save bitcoin because we can use it in future as its rate is increase day by day. 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?
I have a big problem with that. Bitcoin has to have "utility" value for it to be valuable and for merchants to continue supporting
it. What would it help if everyone hoarded all there coins and nobody is spending it? I will tell you what will happen...
merchants will stop "accepting" it as a payment option. So if you have nowhere to spend it, what value will it have? I have a
80/20% strategy, where I hoard 80% of all the coins I buy and spend 20% to support merchants that accept it.
it. What would it help if everyone hoarded all there coins and nobody is spending it? I will tell you what will happen...
merchants will stop "accepting" it as a payment option. So if you have nowhere to spend it, what value will it have? I have a
80/20% strategy, where I hoard 80% of all the coins I buy and spend 20% to support merchants that accept it.
In the future, bitcoin may worth above $1million, so if you hold some bitcoins you can be a millionaire.
But, there is no certainty, it is risky. If you had bought in some years ago when bitcoin was only $1 or $10 you'd be rich by now.
The best choice is to HODL long term.
But, there is no certainty, it is risky. If you had bought in some years ago when bitcoin was only $1 or $10 you'd be rich by now.
The best choice is to HODL long term.
Based on the question you asked, most people are actually seeing Bitcoin as a life time investment. Some even call it retirement investment, they only accumulate without spending it. Well i will say, always invest what you can but for future reference it's actually worth it.
Retirement inbestment? Such good sentence.If people only buy holding for sure it will only grow up and never down anymore. Because nobody selling it.
This is not a problem for the believers of bitcoin. For sure the value of bitcoin will only rise as more and more people will become interested in it. Some might be even "hodling" from the start when bitcoin was introduced. The real question is, How long can you hold? Because at some point, you will have to use it right? 
Yes, I agree that the value of bitcoin will continually increase if more people will become interested on it. With the increasing value of bitcoin, many bitcoin holders want to hold it but unfortunately, some people tempted to sell it or withdraw it when its value hit the highest price not knowing that after many days its value become much higher. Personally, I want to hold all my bitcoins but sometimes, due to unexpected circumstances and expenses, I need to withdraw and use it.
You are not the first one to come up with this concept, that is for sure. Google HODLing to see what I mean. You should be able to find an old thread here.
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