Post
Topic
Board Economics
Re: Does anyone notice the "investment cost" ?
by
GeorgeJohn
on 16/04/2023, 06:52:47 UTC
One question bothers me a long time and I am not sure if there is anyone that thinks about this before. Let's say you invested $10K in Bitcoin when the price was $20K, and some time later the price pumped to $40K,
it's in this aspect of scenario that makes people to invest huge amount of money in Bitcoin and invest a money that will not affect them in business or anything they are doing, from my perspective it's encouraging that long term investment is the best, because I believe that definitely Bitcoin will increase because nobody knows the secret or have the documents of Bitcoin, so with that Note I believe that Bitcoin will increase, so running a long term investment for Bitcoin it gives more profit than short term, because those who do Short term investment with bitcoin always be in panic to make profit.