"Why Buying and Holding Bitcoin Makes Sense: A Long-Term Perspective"
Bitcoin has proven to be one of the most revolutionary financial innovations in history. Here’s why buying and holding Bitcoin isn’t just a strategy—it’s a smart move:
1. Bitcoin’s Performance Over the Years
Bitcoin has consistently outperformed traditional assets like stocks and gold over the past decade.
📈 Historical Proof:
In 2013, Bitcoin was worth around $100. Today, it's trading above $94,000 (as of Dec 2024). That’s an increase of over 94,000% in just 11 years.
Even during market corrections, Bitcoin has recovered and reached new highs after every major dip.
2. Limited Supply Drives Value
Bitcoin's supply is capped at 21 million coins, creating scarcity similar to gold.
Proof of Scarcity: Over 19.5 million BTC have already been mined, and the final Bitcoin won’t be mined until 2140. This limited supply, combined with increasing global demand, ensures upward pressure on prices over time.
3. Institutional Adoption
Major financial players are entering the Bitcoin space, signaling confidence in its long-term value.
Proof: Companies like BlackRock, Fidelity, and MicroStrategy have heavily invested in Bitcoin. BlackRock’s Bitcoin ETF approval in 2024 has further legitimized it as a mainstream asset.
Even countries like El Salvador have adopted Bitcoin as legal tender.
4. HODLers Win the Long Game
Bitcoin rewards those who hold through market cycles.
Proof: According to on-chain data from Glassnode, wallets that hold Bitcoin for 3+ years (long-term HODLers) consistently see significant gains.
Example: Those who bought Bitcoin during the 2018 crash at $3,000 and held are now sitting on a 30x return.
5. Halving Cycles Boost Price
Bitcoin’s halving events (every 4 years) reduce the supply of new coins, often leading to price surges.
Proof:
After the 2020 halving, Bitcoin rose from $9,000 to an all-time high of $69,000 in 2021.
The next halving in 2024 is expected to create another supply shock, driving prices higher.
6. Global Hedge Against Inflation
With central banks printing money, fiat currencies are losing value. Bitcoin’s deflationary model makes it a powerful hedge against inflation.
Proof: Bitcoin adoption in countries with unstable currencies (e.g., Venezuela, Turkey) shows its role as a store of value.
Final Thought
Bitcoin isn’t just an investment; it’s a revolution. History has shown that those who buy and hold Bitcoin reap the rewards of its long-term growth. As billionaire investor Paul Tudor Jones once said, "Bitcoin is a great speculation... the best inflation hedge in the financial world today."
Now is the time to embrace this financial evolution. Don’t just watch history happen—be part of it. 🚀
Are these your own words, @Megaboss12?
On the surface, since are a newbie, it appears to me that you are citing from somewhere else, yet failing to give proper attributions, which also could be considered plagiarism, which is against forum rules... and surely, even if it is your own words, you probably should be clarifying that these are your own words, if they were to be your own words.
Another possibility is that AI wrote your post, since why would any real newbie member write a post like yours when other members hardly even know you?
Maybe some member can run a check on this post to see if it is taken from somewhere else or if it might be written by artificial intelligence rather than being with Megaboss12's actual creation of words?
Relatedly: your earlier post (cited below) @Megaboss12 also has a similar issue in terms of questionable attribution, in which the whole text of your post is quoted, which is confusing at best.
Did you write this earlier post yourself or are you quoting some other member? or some other person outside of the forum or did you have AI write your post?
As a new forum member, you should be trying to post like a human rather than a bot... if you happen to be a human rather than a bot.
You are really making sense here, their is a saying in my country which say; slow progress is a progress, as long as you don't stop.
So the most important thing here is consistency, especially when you don't have the capacity to buy in bulk like microstrategy did.
And the DCA accumulating strategy is the best way to follow, because you will have to be buying weekly or monthly according to how much you can afford to do away without for a very long time, without tempering with it.
But we should not forget that the key thing there is consistency, without that nothing great can be achieved.
Investing requires confidence, patience, consistency in buying, and also having income every month or every week.
If that is complete we can arrange the purchases we will make with various strategies, and in general DCA is easier to understand so we prefer to invest in bitcoin with the DCA strategy.
And also a target is needed in the investment we make. We invest of course the big target is profit without profit we are unlikely to be interested in investing. Yes, that's a reasonable problem, I mean if we target an initial investment of around 10 years with regular purchases with DCA then when we reach the final stage we will calculate the profit we get.
"Your perspective is spot on! Investing in Bitcoin with a DCA strategy is indeed a practical and disciplined approach. The combination of confidence, patience, and consistent income lays the foundation for successful long-term investing. By breaking down investments into smaller, regular purchases, DCA minimizes the emotional stress of market fluctuations and ensures steady accumulation over time.
I also appreciate the emphasis on having a clear profit-oriented goal. Setting a 10-year horizon gives your investment enough time to potentially grow significantly, especially given Bitcoin's historical performance and increasing adoption. The idea of evaluating the profits at the final stage makes perfect sense—it’s a crucial step to measure success and refine future strategies.
With this approach, you’re not just investing; you’re creating a well-structured plan that aligns with your financial capacity and targets. It’s practical, thoughtful, and most importantly, sustainable. Patience and consistency truly are key here!"
I totally understand what you're saying ... I join this forum some few months ago and I barely understood the discussions as much as I wanted to.... So I kept myself away from a while, engaged in intense researches. My post are a reflection of the information I got from my numerous researches. I post them here so an expert could authenticate how accurate they are before I flow with them. They may sound more AI as AI also assist in my researches, But they're actually my words... I hope to learn more from this platform... Any well meaning assistance will be appreciated.