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Topic: Why do I need not to give up my bitcoins? How does that going to benefit in the - page 4. (Read 573 times)

full member
Activity: 161
Merit: 100
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
There is every reason to hold your bitcoin, first you stand to gain a lot by holding your bitcoin for as long as possible the price has kept on increasing in the past days. And secondly your bitcoin is your asset and at that it value is determined by it market demand so by holding your bitcoin and not giving up will guarantee you big interest at a long run.

If you have to ask this question then don't hold onto your coins. You should not have to ask this if you understand BTC. I know you did not even try and do the homework so you're being lazy and asking here. It is simple. BTC solved problems in money, therefore it is the best universal ledger - because the network it runs on, the blockchain, is immutable, and the currency, bitcoin, has a finite supply of 21 million.
full member
Activity: 406
Merit: 156
Are you aware of what you're asking ?
Bitcoin is the most profitable cryptocurrency on the long term ! There's people who bought this coin when it's price was no more than a dollar per coin , and until now bitcoin has made more than 8000% of growth  , with a 850% approx increase of value in just this current year !
People who bought bitcoin @6~6.5k dollars in the past month have already made more than 1.5k dollars per coin ! So there's no doubt that holding is the best choice to anyone who has some coins ! Because you never know , sky is the limit !
sr. member
Activity: 1876
Merit: 259
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
If you do like to earn profits then you would normally not tend to give up your Bitcoins since we do all know Bitcoin=Money and people do really loves money.Right? When it comes on benefits then it will really give an assurance specially on longer runs or future years to come that it will really pays you off on holding it but it would really depend on how much bitcoin you are holding on.These kind of questions doesnt really have point at all since we can able to answer it for our own selves.
Yes, you are right
no one forbids you to sell or hold it.
but I think he wants advice from bitcoin users.
I suggest you keep hold of your bitcoin for a long time so you keep getting big profits.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
If you do like to earn profits then you would normally not tend to give up your Bitcoins since we do all know Bitcoin=Money and people do really loves money.Right? When it comes on benefits then it will really give an assurance specially on longer runs or future years to come that it will really pays you off on holding it but it would really depend on how much bitcoin you are holding on.These kind of questions doesnt really have point at all since we can able to answer it for our own selves.
member
Activity: 172
Merit: 11
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??

It's a simple case of people believing that the price will always trend upwards and therefore they hold to guarantee profit. However each individual should make their own decisions, you are well within your rights to sell your bitcoins or give them away or whatever you so please.
full member
Activity: 448
Merit: 122
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
There is every reason to hold your bitcoin, first you stand to gain a lot by holding your bitcoin for as long as possible the price has kept on increasing in the past days. And secondly your bitcoin is your asset and at that it value is determined by it market demand so by holding your bitcoin and not giving up will guarantee you big interest at a long run.
hero member
Activity: 672
Merit: 503
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??

Because you will most likely lose money if you sell bitcoin on a long enough timeline. Limited supply, and a constant demand for bitcoin, will guarantee an increase on price. The decreases in price have been only distractions in the path to glory. Do not fall for the FUD artists, they have an agenda to create dips and crashes, get your cheap coins after you sell, and then continue raising the price on the long term.

Chances are, if you try to time the market, you will end up with loses, simply hold and buy further dips.
newbie
Activity: 2
Merit: 0
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
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