Re: bitcoin benefit of saving for a long time?

Bitcoin were good if you save it for long time, because bitcoin had a high possibility to up the price/value in the market place. Even from now it was fluctuating I was still believe that it was getting high in the future.

It's why I keep on saving because I experienced by myself that if I'm going to hold bitcoins any further this is going to give me an assurance that it will give me a better life in future. And I managed to have while the price is lower at $600 and right now, I can see that the price is really good, so the more bitcoins you'll hold the better.

Saving bitcoin for future is a good thing to do but I will not hold them for a very long time as there is no guarantee that price will go higher in future so I will prefer to sell them when its giving me enough profits as I can buy them back when price drops again in near future.

Yes that is right because we can't predict the future and the only thin g we can do is to sell our bitcoins when the price is enough for us and it meet our expectation already. We don't need to wait and hold for a long time because there is some scenarios that can affect the price and make it very low which is considered a loss for us.

If price goes down then it can bounce back but the only issue is that we don't know how long we need to wait to see higher price and that makes holding very risky so the best thing would be to sell them when you are making some profits instead of holding them too long.

I disagree with you. Now there are a lot of investors who are ready to keep bitcoin for several years. They bought it for less than $ 400. This is a very good move. Now their capital has multiplied by three times. And in a few years can be multiplied by 10 times