Post
Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
ModGirl
on 22/04/2017, 21:09:29 UTC
Obviously, as the more people before me, they said that is the difference in the exchange rate over the time. But except this, after a while one can have a significant amount due to just not spending his coins. Clearly for many people it's a way to put their savings in a safe heaven, though the crypto currency volatility, but without the fear of the inflationary fiat money.
Yes I agree, to get the maximum benefit we have to be patient for a long time (more than 1 year), based on the price movement from 2013 until now the bitcoin price always rises.

Keeping bitcoin for a year will give a great chance to acquire more profit it is not the best to enjoy best of bitcoin feature. For me. I can get benefit of using btc by it's feature of anonymous and fast transaction. As well as this is the currency i used to gamble.
Bitcoin is a currency which is full of features and everyone can get benefit from it no matter he is an investor or he is the merchant both of them will earn a profit with convenience and will use it with convenience. The merchant mostly enjoy its convenient way of usage while the investor enjoy the profit from its price rise with time when he hold.