Post
Topic
Board Bitcoin Discussion
Re: What will you do if Bitcoin hits $1m in the future?
by
Abiky
on 01/07/2021, 14:46:12 UTC
Nothing! Earlier, I used to deposit as much money as I could from my monthly income, excluding all expenses, in a personal savings account in a bank. But now I don't do that, now I invest my money in Bitcoin after my monthly expenses, I have been saving like this for the last few years. I think it is more profitable to invest in Bitcoin than to deposit in the bank. This deposit may not be of any use to me now but in the future, it may play a huge role in improving my lifestyle. If Bitcoin hits 1 million in the next 5 years, I will not incur any additional expenses from my accumulated holdings, as I have chosen it as a safe haven for investment, everyone should develop the habit of investing in Bitcoin regularly to alleviate poverty.

It's more profitable to hold Bitcoin in the long term than just sell it all at once. $1m per coin is not too far from becoming a reality soon, since Bitcoin is growing at an unprecedented rate. The scarcer it gets, the more valuable it'll become. What you'll do after Bitcoin reaches $1m is beyond me. As long as you put the money to good use, nothing else matters. I'm pretty sure there will be faithful "hodlers" even after BTC touches said milestone. Who knows if the price continues to explode like there's no tomorrow? Just my thoughts Grin