Quote from: Ojima-ojo on Today at 10:23:56 PM

Quote from: Betwrong on March 25, 2023, 12:23:16 PM

I just want to add that investing your spare money in BTC is always a good deal long term, but short term, it is not always so. By "long term" here I mean 10+ years, and by "short term" I mean something around 2 years. I think, these days, when Bitcoin is still under $30k, and even when it will be under $40k, investing in BTC will be a good deal even short term. I may be wrong, like anyone else. Use your own head. But that's what I think about the current situation we are in.

Actually, 10+ years is really a considerable long term indeed but the question is how many of Bitcoin investors will be able to hold through all the time till their arrival at that stage because 10 years is really a long time to be considered for a speculative investment like bitcoin.

Don't misunderstand my point, what I mean is that if one could possibly reduce the waiting/holding time to 5+ depending on your age and the nature of your invested fuanywaysways.

10+ years is considerably long and we're not sure of the next minute. Holding for such long years and we're not able to enjoy the outcome is really bad