Post
Topic
Board Economics
Re: Wonder how many people can hold BTC for more than 3 years
by
Thaliron
on 14/11/2017, 10:13:10 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.

There are surely people who have hold it very long because they can live without spending their bitcoins they did this hoping that they would be rich and today they are now rich of it.

I hold it now for a few years i hope that i will keep it even more.