Quote from: MusaMohamed on Today at 02:07:43 AM

Quote from: Inwestour on February 20, 2023, 10:22:18 AM

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.

Buffet would feel that he is very right about cryptocurrency by looking at fiascos of Terra $LUNA, $UST de-peg, FTX and $FTT collapse and bankruptcy as well as other bankruptcies of some big companies like Celcius, Voyager, Three Arrows Capital, BlockFi ... However he is not right about Bitcoin.

With Proof of Work, only 21M BTC in supply, no owner company, no risk from over-leverage by owner, no greed from a single owner like Do Kwon or SBF, no chance to see fiasco like altcoin fiascos.

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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

Bitcoin is a best for long term investment.

In 2023, bear market is continuing and accumulation is necessary to complete the bear market.

Accumulation trend

In keeping a long term Bitcoin investment, it is best to stay abreast of the latest news about Bitcoin and cryptocurrencies. In addition, it is necessary to consider using appropriate and reliable security technologies, such as secure digital wallets, to keep investments safe.