Bitcoin is not a new term to most of the investors or general public in whole and it's all over the news due to increase in prices,major companies making move to accept it as mode of payment or investing huge sums of money into it like Tesla with approximately 42k bitcoins and Microstrategy with 110k bitcoins in the balance sheet.We all know how much importance and recognition it has gained with time in the period of 13 years
What significant and large global companies are making moves to accept BTC as a means of payment? What MS and Mr.Mars are doing has nothing to do with the real idea behind Bitcoin, and if you need to remind yourself, read the whitepaper. If the idea is for big companies and wealthy individuals to buy most of the BTC and raise the price, and for the rest of us to profit by selling them what we have and thus ending the story of the first decentralized cryptocurrency, then we should say it publicly and not pretend that we care about anything but price.
Have any other assest given you this much profits with holding them over all these years?
If you mean some altcoin, then I can say that I know some of them were completely worthless when I became interested in cryptocurrencies. So worthless that their value was displayed in 1000 units for say $0.10, and today one unit is worth twice that. These are exceptions, of course, but people haven’t gotten rich by investing only in Bitcoin.
So if you understand the market and want to safeguard yourself from all of these problems then BTC is the best option for you.Few understand it fast rest late but soon you understand the better it will be for you.
Who understands the crypto market to even understand why the price of BTC drop 20% a few days ago? I am active on the forum every day, and maybe 20% of the members understand to some extent, the rest are completely lost and have no idea what is happening.