Whether Bitcoin will benefit it in long run or not has various factors to depend on like -
- Country policy towards bitcoin
- What rate you purchased bitcoin. Was it at early stage like 300 - 400$ or above 1000$
- If China decides to ban bitcoin in coming time price will fell like a ball falls from top since they hold majority.
It seems countries are getting friendly with bitcoin this time. So I guess Bitcoin will increase in price. And even at $1000 a piece purchase, Bitcoin price incease is inevitable. China's ban on Bitcoin if ever will only result in a temporary dip in price, there are more country that are going friendly with Bitcoin so definitely this will cover the losses created by China's ban.
I believe that the price right now (1217 at the time of this post) is going to be considered a low point for bitcoin in a few years. as more countries and people adopt the use of bitcoins and cryptos, the price will shoot for the moon