Post
Topic
Board Economics
Re: How many Bitcoin do you have saved?
by
Japinat
on 14/01/2017, 01:48:59 UTC
I saved around the 3 bitcoins and I think that it can still be very profitable with enough patience.

Good thing that you have saved around 3 bitcoin because I haven't save too much. Just don't let yourself panic upon seeing the price to fall down. And perfect example is what is happening today, the price is falling very fast but still just keep on holding those coins. Because it will do a comeback just like what happened from the past.
If he is a trader then he could have sold when the price was above one thousand and then buy again when the price got lower if he did that he may have something close to 4 BTC instead of 3 BTC.
That's really speculative behavior, which is ok if you're just in it to make a quick buck, but it's better to consider Bitcoin a long term investment.
By better I mean that it's better for Bitcoin itself.

Long term investing into the bitcoin is very profitable and also worth your patience, the profit you can make is insane sometimes.
How did you say that? have you experience it already? I guess we are just hoping that the future will be more successful for bitcoins, we have to assurance that bitcoin will bring us profit but we believe it will happen that's why risk our money. For now, we have to start saving already if we haven't yet, put something that we can afford to lose only so we will still be fine if the outcome is not what we have expected.