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Board Beginners & Help
Re: Will hodlers still enjoy profit in the future?
by
Dzwaafu11
on 20/08/2024, 14:01:09 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 ?

Bitcoin will continue to be profitable in the future, but based on how long you hodl it, people who started hodling now will be the people that may be more profitable by then because if we can get hodlers, that means there are people who have already made profit from it and they sell, so as long as they continue trading it, there will be profit in the market. 

Although nobody can actually say what will happen in the future, especially in the market that is very volatile like this, we said this based on our assumption, and if you look at how people are getting to understand bitcoin now, it means that there are more people coming to buy and hodl bitcoin, so there may be a little scarcity, and that is what will increase its value and price, so in short, the bitcoin future is bright.