Post
Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
daringdiscovered
on 21/04/2017, 03:55:33 UTC
Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes.

Correctly you do. I'm sure bitcoin deserves more than just spending it on gambling. This is an investment in the future. After a few years it will give us much more than now
I have no doubt that those that have spent so much much bitcoin in useless things will regret it in the future since there is no scenario that I picture in my mind in which bitcoin fails, bitcoin is going to become a success as we have not seen before or after.

It is their bitcoin so they can spend it to whatever they want to. We cant argue with that specially if those are hard earned coins and just want to gift themselves with something.
Regarding the benefit of saving for a long time, we can see it all if we look at the graphs. The increase it made since $300 which is when I started I think, or maybe less. All of those who had the patience in just waiting for this very high price have already felt the benefit of bitcoin.

I think most of us earn bitcoin for 2 reason. It is to help ourself financially and to hold it as much as we can because of the continuous increase of price every year. There is nothing wrong about spending our bitcoin for our desires because it is our hard earned money. It can only be wrong if we waste it on gambling even if we just lose always.