I think Bitcoin is a long-term investment asset,
You shouldn't think like that.
If you think Bitcoin is a long-term investment asset, you will be lost the asset when the price target catches up and you sold the assets.
don't waste your time with the price.
yes, I know you will got a profit when buying it for $10k and selling it for $60k. then you buy again at 20k and wait until further more, is it not tired?
I have a public idol who has never sold a dime of bitcoin since 2013 he just buy and never sell it. he thinks bitcoin is not an asset investment, but currency, people never sold the currency.
I think that is basically the same thing, you guys are talking about the same thing if you ask me. I know that it doesn't look like that most of the time and you think asset should be sold when it reaches a certain level, but it doesn't have to be sold. Look at Warren Buffet, that dude has been holding some stocks for over 4 decades now, which shows you that you do not have to sell your assets.
This is why buying and holding bitcoin for decades could be called anything, long term investment, asset, currency, whatever. I believe it is one of the best out there and I am one of those people who call it an asset and I am not planning on selling it anytime soon.