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Topic: Bitcoin saving. - page 28. (Read 4129 times)

hero member
Activity: 1232
Merit: 738
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November 28, 2017, 05:34:22 AM
#13
soon or later a few people who have good amount of BTC will cash out their BTC savings, and crash the market
but as we know it will go back up in time at the speed of numbers of people believe in it
I think it's good to convert your BTC to fiat at any given time for any reason you have
it could be just for leisure or diversify your investment portfolio
full throttle saving is not a good idea, you should enjoy your life with your hard earned money
and when the crash happened you can reinvest you money back to BTC, balancing your portfolio
hero member
Activity: 1036
Merit: 502
November 28, 2017, 05:03:53 AM
#12
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 people hodl their bitcoin and wait till prices hit to the highest or to what they aim to their target price and sell.Though youre telling to keep bitcoin for a long time but there are circumstances that some people sell in regards to their needs financially most especially this moment have the highest price and will continue to rise this peak season possible many holders will sell their bitcoins.
legendary
Activity: 980
Merit: 1000
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November 28, 2017, 04:48:19 AM
#11
i think its called bitcoin investing  Grin
if you thinks bitcoin's rate will increase in the future, then its okay to saving Bitcoin

No it's not okay, it's silly to save on a value so unstable, unless you dont care about your savings
member
Activity: 113
Merit: 10
November 28, 2017, 04:43:50 AM
#10
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?  Wink

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. 
However, as far as the current bitcoin price is concerned, there are people who resist the temptation, after all, the price of a bitcoin can buy a regular car
full member
Activity: 382
Merit: 109
November 28, 2017, 04:36:33 AM
#9
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?  Wink

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. 

Bitcoin saving is the best opinion for the profit.Instead of investing you can  save your bitcoin.Before take a deduction to save your bitcoin,you can see the price raise of bitcoin before this week and current week.You  can save your bitcoin in a wallet.
member
Activity: 532
Merit: 17
November 28, 2017, 04:35:42 AM
#8
i think its called bitcoin investing  Grin
if you thinks bitcoin's rate will increase in the future, then its okay to saving Bitcoin
legendary
Activity: 980
Merit: 1000
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November 28, 2017, 04:32:24 AM
#7
That would be very risky, with the Bitcoin possibility to be replaced by the bitcoin cash, imagine you save 40 000 and the bitcoin then fall to 1000 dollars, it becomes 4000 dollars
legendary
Activity: 2436
Merit: 1362
November 28, 2017, 04:31:37 AM
#6
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?

nothing new in what you are "proposing" because almost everyone
is doing this as it is. Bitcoin is used less and less as a currency
and more and more as an investment.

now if you are proposing everyone to literally hold bitcoin it wouldnt
work, there has to be a degree of trade in order for the value to rise
and/or fall. this applies to anything
full member
Activity: 221
Merit: 100
November 28, 2017, 04:27:04 AM
#5
Lot of people are doing this and that's very safe and neat idea. Price will surely go rise. However many people like me are doing exchanges and earning bitcons fast. But sure that's risky.
member
Activity: 75
Merit: 10
November 28, 2017, 04:22:24 AM
#4
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?
That is what almost all of us are doing, we keep our bitcoins like an asset so the supply is decreasing and the demands are increasing.
We may not see bitcoin fall in 2018 because of the rapid growth of the community and users.
We will be rich doing nothing, we dont need to day trade cause the price keeps increasing.
full member
Activity: 531
Merit: 102
November 28, 2017, 04:16:51 AM
#3
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?  Wink

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. 
member
Activity: 112
Merit: 10
Young, Dumb & Broke
November 28, 2017, 03:40:35 AM
#2
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?  Wink
member
Activity: 336
Merit: 10
November 28, 2017, 03:06:22 AM
#1
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?
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