Post
Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
quarkyplum
on 21/10/2017, 07:00:01 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


I store my bitcoin on my wallet because I want to save my money. Also, everyday the currency of bitcoin change so its better to store it for the lucky that make your money be bigger. Saving money is really important for me because in case of emergency there's a way to get money. If you save a lot there's a lot of profit that you can get like increasing your money and you can save a lot.

I do the same with you, and this is important.
because human life is full of the unexpected. and Bitcoin is an asset to save your money. other than that there is hope that Bitcoin prices will rise further.
Bitcoin is not an asset to save your money, if you want to save your money into asset, go to Gold will better than Bitcoin. First, Bitcoin is an asset for investment, sometimes, the volatility of Bitcoin can make it become a speculation type than investment. So, you can not save your money at here.