Post
Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
Visbay
on 16/04/2018, 04:14:42 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

This question is for those people who is patient and willing to wait just for their future,. for sure those who are save their bitcoins will be rich in just a matter of time. goodluck

If you look at long-term trends, if you hold long enough, the price will come back up again. Unless something very serious happens. What to do with anything? Of course, this is a very volatile currency,
If you are the person holding the bitcoin when it is priced 9k. And when the market goes down do you keep it? If it was me, I would not hold it. I will sell what I have so that I can buy it at a lower price. That's how I invested.
Yes to invest in bitcoin and hold for the long time will give you high profit and you will become very rich within few days, there are a lot of benefits for saving bitcoin as long time investment as when bitcoin was invested it was not that high in price but we time passed bitcoin got more and more famous which made the price go high and high, people use to save their bitcoin because it get more value with the time for holding and investing at very huge level.