Quote from: Fuso.hp on Today at 09:09:09 AM

Quote from: YUriy1991 on Today at 08:27:13 AM

Quote from: Obari on July 05, 2023, 06:22:17 PM

Now I want to know what really do you think is holding people back for hodling this period?

BTC is indeed recognized as a potential asset and long-term investment pattern. I think the general and main reason is that if someone already feels that they are benefiting from the value of crypto assets, then they can immediately sell it to get a profit and not hold it for too long and that is regardless of the factor of fulfilling our daily needs, for example the cost of eating, drinking, work operations or others.

Bitcoin is a long-term investment platform where long-term investment has a chance of earning huge profits. If we invest in Bitcoin for a short period of time, we will not understand the amount of profit and loss from Bitcoin. To understand the amount of profit and loss, we must hold for a long time. One thing I have noticed is that people usually choose some ALT coins for short term trading, the price of bitcoin does not change much in short period of time, so for regular trading people think ALT coin is good choice, but for long term investment, they need security of money which usually people get from bitcoin. Investing in Bitcoin over a longer period of time will never risk your money but investing for a longer period of time will give you a higher chance of profiting from that investment.

Bitcoin is an investment and it will give you a good return when you hold it for the long term, but that does not mean short term investment will not be profitable, it all depends on your skill. Moreover, an asset that can bring big returns always comes with great risks, there is no asset that can bring high returns without risk whether you hold it long term or short term. I do not agree with your statement, bitcoin is not as divine as you claim, it is also just a risky investment.