Post
Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
revans
on 23/04/2017, 14:29:44 UTC
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

Investors who were in bitcoin market from its early stage knows very well that bitcoin price would be constantly increasing and short term benefits could not be expected from bitcoins and its a long term investment.So they store their bitcoins in their wallets irrespective of market situations.

Yes people who treat bitcoins as a long term investment will never sell them at this stage as price will be much higher in coming years so they will definitely store them in their wallet and will sell only when it reaches to their desired price level.