I too have the plans of holding the bitcoin for a longer time period. This will give promised growth and apart from this I have plans to make use of it into continued buying and selling based on the market, because the price has been fluctuating and not moving much to reach new ath above the $20000 mark.
Yes. Prices have been rather unstable in the markets, making Bitcoin struggle to reach past the $20,000 mark which was last year's ATH. But as well as you do, I'm holding lots of Bitcoin as I believe that something huge will happen this year which will lead to a massive price increase for Bitcoin. Perhaps, this year might end at $25,000 per coin, but since Bitcoin is volatile we'll never know what it's value would be in the long term.
It's only a matter of time before many countries recognize Bitcoin as a legal currency, to help boost its price and demand in the mainstream world. In the meantime, we could invest our Bitcoin into other altcoins that will help us multiply our capital while Bitcoin decides to rise in value.
