Post
Topic
Board Bitcoin Discussion
Re: Long-term Bitcoin accumulation continues
by
Inwestour
on 20/02/2023, 10:22:18 UTC
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.
These are the right thoughts, because now Bitcoin acts as a protective asset, it simultaneously protects our funds from inflation and is a long-term investment that can make us very rich people in the future. Buffett is still a long way off, of course, but he shows us a great example of how long-term investments can turn into huge fortunes.

I'm likely following the same strategy, my bitcoin investment will be long term, I'll only take some after reaching my goals and the rest will be held. Thus, I will be calm for my funds and they will rise in price and bring me income, in my opinion this is ideal. Grin