If you had invested $1000 in Bitcoin in January 2024 and held it until now, you would have seen a 120% increase in this one year. If you had kept $1000 in Bitcoin in 2020, this invested asset would have grown by 1220% in these few years and if you had kept $1000 in Bitcoin since 2013, its growth would have been 146,714% today and this information is quite surprising and it is a fact that investors have been properly rewarded over time by investing in Bitcoin. That is why it is recommended to hold multiple cycles to take the growth of the invested capital to a stronger position with the revolutionary increase in the price of Bitcoin.
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Yahoo Finance. This use to be my strategy back then when I was trying to raise $1k to buy Bitcoin, I think 2013 is even far, if you have invested $2000 back in 2020 when Bitcoin went as low as $4000, you will have made a whooping sum of $50k easily, therr is no safe investment out there that you can make such amount in short period unless you want to trade but how many people have that time to be trading, how many people has that mind to do technical and fundamental analysis.
Holding isn't easy though, looking at your investment doing crest and down due to volatility is something many people can't endure and when I see them wish they have bought Bitcoin when it went low, I will just shake my head knowing that they can't hold, they just want to enjoy the profit without going through the trauma of Bitcoin market and it doesn't work like that, you have to hold to enjoy the profits.