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Topic: Bitcoin saving. - page 27. (Read 4129 times)

full member
Activity: 364
Merit: 100
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November 28, 2017, 09:07:14 AM
#32
you are right if you have bitcoin but you dont spend on it its makes the market supply is lower than before that makes the demand about bitcoin can't reached, so i think the value of bitcoin is rising up if you hold your bitcoin in your wallet
member
Activity: 205
Merit: 10
November 28, 2017, 09:00:40 AM
#31
that's right, I agree with you,
we must hold our bitcoin until the price is really high
at the end of the year alone bitcoin prices are now up to $ 9959.62
the possibility of 2018 will rise again bitcoin price. so we better save it for savings in the future .right?
no, bad thing here is that if we all hold bitcoin, price wont rise. its a common misconception , we need to trade it and invest more to make its pirce high. It needs some movements in its economy to maintain and sustain it's value.
full member
Activity: 162
Merit: 100
November 28, 2017, 08:24:02 AM
#30
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?

It's a great idea but you should prefer to check coin market cap as always because we can never tell how long can bitcoin keep rising! Bitcoin has a great future so it is really necessary, but just be careful.  Wink
hero member
Activity: 679
Merit: 500
November 28, 2017, 08:17:21 AM
#29
After realizing that I could become rich with bitcoin, I just save all my earned bitcoins.  Before my goal is to just earn an extra income so I can buy things which I cannot buy just by my salary alone.  When bitcoin price started to climb up I got an insight that maybe I should stop spending my bitcoin and instead save them all.
full member
Activity: 392
Merit: 101
November 28, 2017, 08:16:29 AM
#28
Could be true. But, dont expect a constant increase in its value. Who knows? Maybe there will be a huge downfall and a lot of assets could be lost.
member
Activity: 267
Merit: 10
November 28, 2017, 08:15:05 AM
#27
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 it's a right approach. Hold on your btc and it will give you huge profit.
member
Activity: 260
Merit: 15
November 28, 2017, 08:12:56 AM
#26
As an investment Bitcoin has given return on investment par beyond one would have thought. At the start of year price of Bitcoin was about $1,000 and today its $10,000 thats 900% return on investment. With more people becoming interested in Bitcoin price will rise more than expected. As of now stay invested in Bitcoin for huge return.
sr. member
Activity: 504
Merit: 251
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November 28, 2017, 07:53:13 AM
#25
More and more people are holding for the long-term. With price gaining momentum we are sure to see many early adopters selling as the price would be too good not to sell for but they will always be left with the thought of what it could have been.
full member
Activity: 434
Merit: 100
November 28, 2017, 07:40:33 AM
#24
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.
legendary
Activity: 2968
Merit: 3684
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November 28, 2017, 07:32:14 AM
#23
You're definitely not the only one that thinks saving is a good idea. In fact, the big majority of Bitcoin already in circulation belong to holders - people who have bought and just held on to Bitcoin, aiming only to sell at a very distant (or not so far away?) time when the price is at whichever level they think it's going to be at.

Now that Bitcoin's proven all its critics and confounded even its most ardent supporters with this year's performance, people are now going to think that $25k, $50k and $100k are all within touching distance now. So that means even more people holding even more Bitcoin.

You should thank people like me though. I regularly sell and buy. Of course I save as much as I can, but I'm beginning to see serious utility for Bitcoin and am very happy to transact more and more with it. This is what's going to be important for the long term. This is what's going to help maintain these high prices. Utility and demand. Sustained use and adoption.
newbie
Activity: 52
Merit: 0
November 28, 2017, 07:27:04 AM
#22
I going to save BTC now.The price is increasing nowadays.So we can earn more if we save the BTC than using and selling.
member
Activity: 280
Merit: 10
November 28, 2017, 07:22:42 AM
#21
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 for sure it will happen if people just holding. So nobody sell it and make more demand than supply.
What if people have different thought? They prefer to sell it then price will always down.
hero member
Activity: 812
Merit: 500
November 28, 2017, 07:15:24 AM
#20
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 also think about it, now the time has started to save the bitcoin than use it and sell it. I have decided to see the price gain value to save it for a long time and i must do it, because of i want to rich in future then i must save my bitcoins.
full member
Activity: 476
Merit: 102
November 28, 2017, 07:02:35 AM
#19
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 there are possibility to be rich in the future once you save your bitcoin now. As of now the price of bitcoin is still rising that why this is the right time to save your bitcoin and wait for the proper time.
sr. member
Activity: 476
Merit: 255
November 28, 2017, 07:00:38 AM
#18
I dont think it's a good idea.
What do you mean about earn bitcoin and not using them? I think you wanna be a miner, and also we don't use bitcoin for trading right? If everybody became a miner and not using their bitcoin, how about the price? The price has depend on supply and demand, if there is no demand then bitcoin price will be down. To increase the price we need a marketplace and we need those people who want to buy bitcoin.
sr. member
Activity: 420
Merit: 250
November 28, 2017, 06:59:20 AM
#17
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?

Many people (myself included) believe the price will keep on climbing for quite some time. But there is no guarantee on that. If you want to maximize your profits, you have to keep constant watch over the price movement and react on time if things start to go south. And even then it can happen that you end up with losses. Earning and not using them would imply that this is surplus and this would be the good way to act - if you can afford it.
legendary
Activity: 2576
Merit: 1043
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November 28, 2017, 06:52:57 AM
#16
If you believe in bitcoin and you don't want to use it in trading then earn and hold is the best strategy you can use. Long term is the best because many believe that the price of bitcoin will increase in the next years.
hero member
Activity: 3080
Merit: 603
November 28, 2017, 05:46:56 AM
#15
How about only earning Bitcoin and not using them?
You'll treat it as savings right? Much better if you'll do that and use the other source of your income and just treat bitcoin as something that you can't use for now. And when you come back to it next year or with future years you are already rich.

I think the price of Bitcoin will gain much more value.

It will.

So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?

True, this is what I'm doing right now and still believing with it.
full member
Activity: 2128
Merit: 180
November 28, 2017, 05:38:49 AM
#14
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?

Saving bitcoin is really good for long term goal it allows your money grow over time however you have to control your emotion in order for you yo succeed because as the price of bitcoin continues to soar high your temptation can make you sold your bitcoin, so focus on your goal.
member
Activity: 1022
Merit: 10
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November 28, 2017, 05:24:02 AM
#13
that's right, I agree with you,
we must hold our bitcoin until the price is really high
at the end of the year alone bitcoin prices are now up to $ 9959.62
the possibility of 2018 will rise again bitcoin price. so we better save it for savings in the future .right?
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