Ninjastic
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Board Economics
Re: bitcoin benefit of saving for a long time?
by
DPrillio
on 01/11/2017, 06:00:29 UTC
Quote from: laravuemaster on October 31, 2017, 06:11:04 AM
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.

The reason why bitcoin is keep on increasing its price is because of the demand and the supply is few. Everyone is holding their coins because they are all waiting for the highest value to come up.
Yes that's right but in the last few years i have know many people that did not hold their bitcoin in their wallet because they did not anticipate that the value of bitcoin will hit its highest value ever in the history of bitcoin. I have my friend of mine that he speak with full of regrets that if only he hold his 11 BTC then he added say that he is a millionaire now here in the Philippines. So that is it, that is the benefits of holding bitcoin that is the preparation of reaching again its highest value to trade in.