Quote from: Betwrong on Today at 10:59:26 AM

Quote from: altecbit on June 21, 2024, 10:04:06 AM

Bitcoin's definitely gaining traction as an investment option, especially for the long haul like retirement planning. It's got potential for growth, but it's also pretty volatile, so it's smart to approach with caution.

It's always to approach anything with caution, but remember that we are talking here about Bitcoin as a retirement bet. It's not about getting-rich-quickly scheme, rather it's about what are you going to get from your investment in Bitcoin in the long run. We can look at history of Bitcoin and see that so far it was a good decision to invest in BTC. Very good, I would say. And considering that most people in the world are still don't engage with Bitcoin much, we can conclude that in the future, when they realize that BTC is a valuable thing, it's price will rise.

That's how its so good to bet on this since we know that if a lot more people will participate that could gather more demands. Bitcoin numbers is limited as been said for so many times so imagine what will happen to that limited numbers if majority of people in the world would love to grab bitcoin? This provably beneficial for those people decide to spend some money for long term investment on bitcoin.

Bitcoin is starting to get a good break in the mainstream so in future for sure a lot of things will happen which a lot of people could benefit. BTC rise so high for so many years and for sure that there would be a lot more from bitcoin since for sure that there are lots of development will come to it in future.