Bitcoin and other cryptocurrencies are digital money that has value. They acceptable are a means of payment methods to those willing to accept them and the mainstream society are gradually coming to terms with them. The real value of Bitcoin and other cryptocurrencies lies in the base of their users and their demand and supply that is why they are volatile with their value not static.
For sure the valeu of cryptocurrency is purely nearby investment and holding thus if we hold more and purchase more it's going to increase the value even more than this with all the passing of time, so bitcoin has good importance in market in as much as people are adopting its value and importance as currency and as investment so bitcoin is definitely the most effective coin to invest .
Not all are hodlers or investors because there are some that uses their bitcoins for pure payment purposes . it depends on the user if how they value thier bitcoins but for me i can say that bitcoin is more valueable now compare to previous years based on its value , so i cant afford to spend my bitcoins on random things , instead i prefer to hodl it so that i can double it when the right time comes .
and no one will know what bitcoin price will touch, it depends on the trip according to the number of requests and the number of offers, if we still have BTC assets, it will be better to hold in the long run