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 ?
I believe as long as people are holding their bitcoins then the price will only keep rising.
At some point a vast majority of the world population will be holding bitcoin.
But bitcoin holders need to be diverse and as many people hold bitcoin the lesser risk it would be if a whale dumps their coins.
This is why a single entity should not be holding a lot of bitcoins because that would create a panic in the market when they start selling.