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Topic: Why buy and store bitcoin , some opinions from me! - page 7. (Read 665 times)

hero member
Activity: 1190
Merit: 534
There are some Bitcoins lost forever so we will not get access to those coins anytime in the future making rest of the coins even rare. However, I believe that we should use it as a payment system instead of focusing on the speculation part of it because that's what Bitcoin is all about and that's how we should treat it. It doesn't make any sense to me to have something that is not creating value to the society. We must build utility value for it and not just the price.
full member
Activity: 347
Merit: 100
Keeping bitcoin is one of the things that is of most interest to this point, we can imagine keeping bitcoin like keeping gold or even diamonds, so keeping bitcoins gives us the best return. Here are some reasons why we need bitcoin:
+ Bitcoin is the only, most scarce and most wanted in the world!
+ The average person in the world only owns 0.03 btc per person!
+ Bitcoin may be more valuable than gold and diamonds because of its scarcity.
+ Transnational and transnational remittances also contribute to why keep bitcoin.
+ Lastly, the reason I keep bitcoin is to use bitcoin to invest in cryptographic coin that yields extremely profitable through ICO! Huh Huh


You opinion was right. I'M agree that keeping bitcoin like keeping gold or even diamonds because of you store it for a long time and when the time comes that the price of it will be rise or increase you can sell it so that you can earn more salary.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
Due to bitcoin price changing from time to time, it is better to buy more bitcoin and hold it. Bitcoin price fluctuates. It is volatile. So, it will give us more profit in the long run. These days, its price is lower than the past few months. It will be a good opportunity to buy more. It will surely give us more profit when its  price rise again. Buying and holding bitcoin is still one of the best ways of earning more money/profit.

It is really profitable to invest or buy coins in the downfall period because it is much profitable to all inventors.  Buy low and sell high strategy is making people rich. Right strategy in the right time make easily to us to reach our investment successful.  But unfortunately it really has a risk, and we to be much wiser and smarter to conquer all the difficulties here.
newbie
Activity: 57
Merit: 0
For most people the expectation that bitcoin price will inevitably rise high is the only reason for buying and keeping it as a investment. It is an asset that can increase your possessions very quickly.
sr. member
Activity: 504
Merit: 250
Another advantage is that bitcoin can provide multiple benefits, if we are lucky in trading. working on bitcoin, searching and storing it is a goal to gain profit.
hero member
Activity: 826
Merit: 501
Keeping bitcoin is one of the things that is of most interest to this point, we can imagine keeping bitcoin like keeping gold or even diamonds, so keeping bitcoins gives us the best return. Here are some reasons why we need bitcoin:
+ Bitcoin is the only, most scarce and most wanted in the world!
+ The average person in the world only owns 0.03 btc per person!
+ Bitcoin may be more valuable than gold and diamonds because of its scarcity.
+ Transnational and transnational remittances also contribute to why keep bitcoin.
+ Lastly, the reason I keep bitcoin is to use bitcoin to invest in cryptographic coin that yields extremely profitable through ICO! Huh Huh
Buying and storing bitcoin was the most equisite idea for investors that wants huge profit.Storing or hodl was one of the most effective strategy of cryptocurrencies where holders takes alot of patience and wait for the perfect time to sell.Though this was too risky because investing in crypto was too volatile but we can't have huge success if we will not take risk.Votality where price rise and fall investors take the right timing to profit.
jr. member
Activity: 322
Merit: 1
Keeping bitcoin is one of the things that is of most interest to this point, we can imagine keeping bitcoin like keeping gold or even diamonds, so keeping bitcoins gives us the best return. Here are some reasons why we need bitcoin:
+ Bitcoin is the only, most scarce and most wanted in the world!
+ The average person in the world only owns 0.03 btc per person!
+ Bitcoin may be more valuable than gold and diamonds because of its scarcity.
+ Transnational and transnational remittances also contribute to why keep bitcoin.
+ Lastly, the reason I keep bitcoin is to use bitcoin to invest in cryptographic coin that yields extremely profitable through ICO! Huh Huh

They keep buying and storing because of the low price of bitcoin and they think it is the right time to keep buying unlit the bitcoin price is low. We have a chance to buy with a low price and affordable price. For storing, they do it because they wait the high price of bitcoin.

It's what people do, buy bitcoin and store it for sometime while observing the market trend where it goes. Definitely, people chose to store in longer period such that they could achieve a great profit on their investment as bitcoin's price value is progressively increasing.
legendary
Activity: 3472
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
+ The average person in the world only owns 0.03 btc per person!

It will be interesting to know where you get this stats from, because wallet providers and exchanges cannot know how much those account holders have in cold storage. It is commonly know that most Bitcoiners do not trust these third party service providers, so they only store a very small amount on these accounts and some people even have multiple accounts.

The 0.03 BTC might just be the average amount that users are willing to risk on these services.  Wink
full member
Activity: 322
Merit: 101
Aim High! Bow Low!
Bitcoin and gold comes hand to hand when it comes to value but for me, nothing beats gold. Through the ages gold remains the most valuable metal on earth making individuals drool on it. But, Bitcoin also has its strong points like how volatile it is and not as hard as getting some gold. As its key feature, being Volatile, it helps bitcoiners  to buy and sell their BTC as the appropriate time to make a huge profit and concur investments.
jr. member
Activity: 181
Merit: 3
how much will we get from the benefits of our investment depends on the amount of money model we invest. if you've saved bitcoin when the price drops sharply like yesterday surely you already get a pretty big profit .
full member
Activity: 237
Merit: 100
Keeping bitcoin is one of the things that is of most interest to this point, we can imagine keeping bitcoin like keeping gold or even diamonds, so keeping bitcoins gives us the best return. Here are some reasons why we need bitcoin:
+ Bitcoin is the only, most scarce and most wanted in the world!
+ The average person in the world only owns 0.03 btc per person!
+ Bitcoin may be more valuable than gold and diamonds because of its scarcity.
+ Transnational and transnational remittances also contribute to why keep bitcoin.
+ Lastly, the reason I keep bitcoin is to use bitcoin to invest in cryptographic coin that yields extremely profitable through ICO! Huh Huh

They keep buying and storing because of the low price of bitcoin and they think it is the right time to keep buying unlit the bitcoin price is low. We have a chance to buy with a low price and affordable price. For storing, they do it because they wait the high price of bitcoin.
jr. member
Activity: 286
Merit: 1
because maybe they know that in the coming months the bitcoin will increase so they buy a lot of bitcoins because bitcoin drops too much and many say and signals to buy a bitcoin while inexpensive over the next few months the bitcoin increases
full member
Activity: 2296
Merit: 225
#SWGT PRE-SALE IS LIVE
Keeping bitcoin is one of the things that is of most interest to this point, we can imagine keeping bitcoin like keeping gold or even diamonds, so keeping bitcoins gives us the best return. Here are some reasons why we need bitcoin:
+ Bitcoin is the only, most scarce and most wanted in the world!
+ The average person in the world only owns 0.03 btc per person!
+ Bitcoin may be more valuable than gold and diamonds because of its scarcity.
+ Transnational and transnational remittances also contribute to why keep bitcoin.
+ Lastly, the reason I keep bitcoin is to use bitcoin to invest in cryptographic coin that yields extremely profitable through ICO! Huh Huh
If you buy and hold bitcoin and this brings you a big profit, it does not mean that it will take a very long time. Up to a certain point, this is really so. However, in the end, you can have bitcoin with the cost of its initial pizza purchase. This is due to the fact that most people act about the same way and hold bitcoin. Since the offer for sale in the bitcoin market is very small, it grows in price. However, this situation can not last very long. It is the rise in the price of bitcoin and its high volatility that can play a cruel joke and provoke panic with the next temporary drop in the price of bitcoin. All those who do not have time to get their money out of bitcoin on time will lose, because it will not be able to recover to the previous high price.
newbie
Activity: 3
Merit: 0
In fact, I have a lot of questions about Bitcoin. I only ask one thing here: People's desires and demands are unlimited and growing, but the number of Bitcoins is limited. Later Nakamoto meets this contradiction. How will it be solved? ? ? ? ? ? ? ? ? ? ? ? ? Huh Huh Huh Huh
sr. member
Activity: 2338
Merit: 338
Because when you buy bitcoin at a lower price, then you store it, after some time it's price will increase and that will give you more profit. It's because of the volatility of bitcoin that makes it's price change from a low to a very high price, and once you buy bitcoin in a low price, expect for a large profit if you are able to dell it in a high price.
copper member
Activity: 644
Merit: 0
POINTPAY
I think to buy and store bitcoin will be amazing for anyone who wants to invest in gold, fixed deposit, mutual fund etc bitcoin is a wonderful option to buy
member
Activity: 266
Merit: 10
you have a good point and very productivity information , you have a good sight and theory. very good by the way
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
my opinions, buy bitcoin and safe it because later bitcoin price will keep increasing by year.
consider this as an investment for your future. you must invest for a long term though.
full member
Activity: 406
Merit: 100
BAILOUT
You only mentioned scarcity but for me it is also great reason for investing in bitcoin. It will be more valuable than most such assets like gold, diamond etc. in a short time, it does not need a century for that.
jr. member
Activity: 182
Merit: 2
The reason to buy and store bitcoin is that bitcoin has the possibility to increase and triple in the few years to come which will increase our investment.
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