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 think the reason why people just store their bitcoin in their wallet is because they are waiting for the price of bitcoin to increase so that if they convert their bitcoin in their wallet, they can earn profit. Also, their bitcoin in their wallet is safe unless theres a hacker that hacked their account or they accidentally given their password to someone.
- Well, most of them have only one reason that is to wait for the price of bitcoin to rise higher and higher, when the price of bitcoin reaches at the highest price possible, they will sell to receive a huge profit margin, they always believe the price of bitcoin will always increase over time
- Although they have a belief in bitcoin is a good thing, but I think they have put too much faith and their time for the wait, the future of Bitcoin is still a big question, no one can predict, if they wait for a long time and luckily, they will have huge profits but if they are unlucky, they will waste a lot of time, so I think if someone is in this situation, they should have a plan to invest and optimize the profits, time is money, should not be wasted too much.