why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
the benefit are obvious aren't they? by holding your bitcoin become more valuable, and without doing nothing you could be rich!, what you want more than this? only gold offer this same thing but gold is going anywhere anymore, bitcoin has a very potential to go 10x or 100x in 10 years, i'm all for bitcoin
Yeah, Bitcoin has great potential and can emerge as one of the best security with time.
It is because of the volatility of the price that many people are holding or keeping their bitcoin in their wallet. If you have wallet and bitcoin on that, you must know how it works. The volatility is good especially if it is pumping, with just storing bitcoin, the wallet acts as a bank that you can always monitor and see for yourself its value.
Saving bitcoin for a long time is really beneficial especially if its rate is going up. Recently, there is a huge dump happening in bitcoin's price. It sounds alarming but I believe that this had happened before and that bitcoin would rise again.
Today, despite the fact that the prices for Bitcoin are rather low, it is necessary to store unambiguously and do not perform any manipulations. Even if some ponika rises simply do not react. And most importantly, before and after August 1, during this period, no transactions are made. This is also a warning to save your coins.