Post
Topic
Board Bitcoin Discussion
Re: Buying Bitcoin is like planting trees
by
sammyp
on 18/01/2021, 19:04:41 UTC
The best time is when we high lower lows in 2018 and 2019, which is around $3000'ish.

But if we go on your argument that we are going to hold in the next 10 years then yeah, possible, as you as you have a tough mentality to hold in that span of time. Anyhow, I'm basing on my experience, I have stocks that I hold for more than 10 years so it's doable. The only thing that might sway people though is that crypto is very unstable and risky because of it's volatility.
My understanding is that the price thrives well on the basis of demand and supply. If every buyer or holder decides to hold for a decade, how will the demands of the market be fulfilled?