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Topic
Board Beginners & Help
Re: Will hodlers still enjoy profit in the future?
by
Kelward
on 24/08/2024, 12:34:04 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 ?
I believe that Bitcoin will continue to be profitable in the future because it has a finite supply which means that the scarcity will continue to drive it's demand. By that time the forces of demand and supply will still be relevant because nobody can hodl Bitcoin indefinitely, the need to sale will always arise. As far as there's demand for Bitcoin in the future there'll always be price pump and it's limited supply will always make demand to be greater than supply. The effect will always make us to continuously see ATH price and increase in our ROI. Bitcoin has gained the reputation as a store of value and because of it's finite supply it's value will keep increasing.