Post
Topic
Board Bitcoin Discussion
Re: What is bitcoin for you?
by
wxxyrqa
on 09/06/2024, 10:24:48 UTC
It’s good that you perceive Bitcoin as an excellent investment for a long period and if you hold Bitcoin for at least 4 years, then in any case it will bring you great profits. But you should also consider other features and benefits of cryptocurrency, and the first is financial independence. In today's world, it is very important to control your assets yourself, without government interference.
Making Bitcoin a long-term investment will of course be very profitable for us if we can collect it well and in the process of collecting Bitcoin, everyone has a different way, there are those who collect it all at once during a downturn and they hold it for the long term and there are also those who collect it regularly using Their DCA method continues to collect and of course this will be useful when there is an increase and we will be able to get a profit from the investment we make.
If you buy Bitcoin for many years, this does not mean that you will not be able to make a profit during this period. If you collect Bitcoin and plan to hold it for approximately 10 years, then During this period, you will be able to increase your portfolio at least 4 times by selling at a higher price and buying at a low price. Based on historical indicators, this is real and people do it all the time.