Post
Topic
Board Beginners & Help
Re: Will hodlers still enjoy profit in the future?
by
Justbillywitt
on 18/08/2024, 14:30:04 UTC
Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
There will always be traders and hodlers in the bitcoin market and at every point there are going to be new investors coming into bitcoin market. As those new investors are coming in, they will be buying bitcoin from traders and when there are much people chasing after the few bitcoin that are available in the market, the price will keep going up and hodlers will be making profit. The young people of today will grow up tomorrow and get interested to invest in bitcoin, and the more they are coming in, bitcoin price will keep appreciating that's how hodlers will keep making profit. Hodlers will only stop making profit when people are no longer investing in bitcoin, you and I know that's practically impossible to happen. So hodlers will always be making profit in the future, no matter how many hodlers are out there.