Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
ajun96
on 01/04/2016, 11:29:18 UTC
People lacks patience and big whales are taking advantage of it by buying at lower price and selling it high, and if you are treating uᴉoɔʇᴉq as a investment then you should wait for certain period of time to expect good returns from it.

I think we should have long term view of the uᴉoɔʇᴉq. If we hold it for 10-20 years, the return will be high.

10-20 years of holding. Goodluck for it. The returns here is really high after 10-20 years but why should wait for that long duration of time if you can reached the possible earnings of that 10-20 years today.
I don't think there will be people who want to wait and hold bitcoin during20 years although gains will be likely to be very large.
but once again human beings can not be patient I'm sure they are 1-5 months or are you going to sell your bitcoin when prices rise