Post
Topic
Board Economics
Re: Wonder how many people can hold BTC for more than 3 years
by
LordDisick
on 14/11/2017, 10:07:10 UTC
BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley

A lot of people are holding their bitcoin for a long time because they know that it's profitable and they already gained a lot of profit from it. Bitcoin is a long-term investment so if you're planning to buy and sell immediately, you will not gain a lot of income from it unless you will buy a lot of bitcoin.

True, I think some of those people who knew bitcoin years ago hold their bitcoin until today and im sure they are super rich now. Im hoping I can hold my bitcoins that long as well but it really depends on the situation though. Maybe if i have a lot of money i might hold bitcoin as much as I can.