Ninjastic
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Board Economics
Re: bitcoin benefit of saving for a long time?
by
congresowoman
on 31/10/2017, 05:07:32 UTC
Quote from: appleffi on October 28, 2017, 06:33:20 AM
Quote from: CROYA86 on March 11, 2017, 10:10:16 AM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


It will benefit you bigtime if you have stored your bitcoin for a long time, say for example if you have stored some bitcoins  last year and have a thought of looking at it only by this time, then you'll be surprise on how much it profits. As of now bitcoin value has already raised to $5000+ and that is no joke if you have stored a bitcoin for a long time and also we can say that this is the year for bitcoin.
Another benefit is that when you store bitcoin, the prices can get really high. So far what they have said, bitcoin price in philippine peso last april 2017 was just 50,000 php but now to date it is approximately 300,000 php. Who knows, the longer you store bitcoin, one day you may end up selling your bitcoin at a very high amount! A definite rich homerun for you! Smiley victory is sweet by then!