the investment concept is like that, buying cheap and then selling when prices are high, this formula will apply everywhere, but I think holding on too long will be risky, so it's better to buy cheap and then sell when market conditions are getting stronger against bitcoin , speaking of profits bitcoin is the best asset if invested, but make a good investment scheme, if in 1 or 2 years can produce, then make a sale.
Yes, that's the concept. If you want to hold on too long, maybe you can do it with bitcoin because you've seen real examples of what bitcoin is already doing.
Many people hold bitcoin, maybe some have held bitcoin since 2017 and when the bitcoin price rose in 2021-2022 yesterday, they made a big profit by selling bitcoin.
But it requires a lot of calculation and research for altcoins because few altcoins can deliver as big a profit as bitcoin.
because only bitcoins are viable and suitable to be held for a long time, although calculations are needed when the time is right to buy and sell them, because many cases have proven that only bitcoins have survived so long until now at high prices, while other coins are still highly speculative to hold in the long term.
In the future if you have one btc and it cost 40k.
Then it means in 7-10 years about you dont have one btc
But...you have 40k btc as in the future we dont count value by fiat currency the crypto will be the currency.
Those who got crypto will own everything.
It means with 40k btc you have purache power 40k x 40k=? A lot lambos a lot lands a lot mansions.
Depending on how Bitcoin's journey is going forward, whether there can guarantee that Bitcoin's length will be worth it, indeed, if it is noticed in the next 10 Bitcoin is still the king in Crypto, but the competition between other coins cannot be ignored, the mathematical count is true as you describe, But it's still very speculative, why not looking for a potential short-expected coin to get big profits, isn't it more promising.
1 bitcoin will still be 1 bitcoin but the value of money will change every time and maybe if 1 bitcoin becomes $100k, that means your money value will be like that.
The bitcoin journey will be exciting because we have seen what is happening with bitcoin so far and we recognize that fluctuations in the value of bitcoin will continue to change.
As long as the value of bitcoin continues to rise, it will make people keep trying to get more bitcoins so that when the price goes up very high, they can get double profits.
That is why, until now, people are still using bitcoin for profit because they believe that the value of bitcoin will be very high in the future.
The quote 1 bitcoin=1bitcoin is for those who keeps the Holding for long term and those who uses bitcoin as a payment structure , but for day trader or short term trader ? this does not take effect because for them Bitcoin is equivalent to Dollar always.
meaning they will buy to see the increase and sell it again.
and also until adoption still on process? i don't think that 1bitcoin will always be 1 bitcoin .
That's true, only for those who invest long term, see bitcoin as a future target, because this kind of person will save until the set target is reached, but for those who trade short term, the benchmark is only on the way the dollar is strengthening or falling, the trend Such a person will decide on a trade when forecasts are not in line with the strategy.