Post
Topic
Board Bitcoin Discussion
Re: WILL OWNING 1 BTC MAKE GENERATIONAL WEALTH?
by
RockBell
on 01/09/2024, 10:26:58 UTC
It will some day but not for a while. Absolutely though, we should all be doing everything we can to buy as much Bitcoin as possible whilst the price is still somewhat low. Due to its deflationary supply mechanism, Bitcoin is designed to go up forever. We may see $1,000,000 per coin in 20-30 years so it makes sense to buy as much as possible as regularly as possible.
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it will get to the point that Bitcoin will become very expensive and the advice of buying and accumulating now is good since it is called a future investment because those who even bought a long time ago have made a fortune from investing early and it is very considerable when it comes to making decisions about fiance you just have to learn to sacrifice for the future so that you won't miss anything out when people are making a profit. there is a lot of profit that lies when you hold Bitcoin for a very long time but our many people can wait, it is just as if you have a tree you nurture and you are waiting for it to start producing fruit that is exactly how you can be able to invest in bitcoin and wait till it starts producing fruits, and for you to be able to wait for 20-30 years then your generation wealth is then certain, patience will continue to be the key.  the only thing we can do is to encourage one another so that we can be able make money after putting effort of having to wait for a long time.