Post
Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
Harlot
on 26/03/2017, 01:56:53 UTC
of course,saving bitcoin will give you benefit  you just need to save it for some time or hold it for a few years. depends on your need
you will benefit by reselling your bitcoin at a higher price?
This is not a good suggestion. Because Bitcoin is not good for long term holding. What I mean is Bitcoin is appropriate for trading because of its volatility. Bitcoin is only good for long term if you bought it maybe 100$ below after that you might want to think about buying it for the long run with its current price level.