Post
Topic
Board Trading Discussion
Re: Is Bitcoin the best Long-term Hold?
by
richardsNY
on 25/02/2018, 18:06:03 UTC
If we will based on the stories of the people who'd been rich by just holding it then we can definitely say that bitcoin is worth holding for, even 50 cents who happened to forgot his btc gains alot now as well other young holders of it before.

Times have changed. 95% of the people who invest right now will no longer be able become rich from their insignificant initial investments. For that reason it's good to focus on more realistic targets to increase your wealth, instead of focusing on how people became a millionaire with just $100 or $1000 invested. It's great of course for the people who managed to get in early enough, but these stories don't reflect the current situation anymore. My main focus has never been getting rich with Bitcoin, because I know there isn't an easy way to do so. My main goal was to avoid seeing my fiat wealth lose purchasing power every year, and to disconnect myself from this system. I did well in all aspects if I may say so.