Post
Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
MB boss
on 24/04/2017, 23:05:10 UTC
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.
You are talking about the guarantee while there is the fact that the price of bitcoin will go rise in the future without any doubt because the amount of bitcoin is limited and the demand of bitcoin is on rise so a situation will occur when the price of bitcoin will be much high that one satoshi will be equal to one dollar.