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Re: should i save btc for future?
by
randy8777
on 16/05/2016, 14:29:52 UTC
i have a little doubt about btc price in future.should i save btc for increasing value of bitcoin?

or maybe price of btc will be down in 5-10 year
just imagine about future of btc and tell me should i save bitcoins for future or not...?

if you have doubts about price in future i can say that price will be much larger than now as in 2 months we will have bitcoin block reward halving, so price will rise then for sure

so i think that it is really worth to invest in bitcoins and save them for year, or even more than 2 years as bitcoins will be more popular later so their price will rise too

Saving for more than 2 years is not profitable. In 2 years I can make more money by using it actively in exchanges rather to save it for years. If price will bloom in the next 2 years I will get more value in terms of exchange rather than the fixed value of those save coins.

if you can make great profits which allow you to make more than when you would simply hold your coins, then it's a great thing. however, only a very few percentage of the traders can do this. holding isn't difficult and everyone can do it if they have enough patience. even the worst noobs can do it. that's why it's an attractive way of making money.