Post
Topic
Board Speculation
Re: Buy, hold for a long time, bring financial prosperity.
by
bangjoe
on 16/02/2025, 13:34:48 UTC
That is the basic logic where we want to get rich from bitcoin, you just need to buy, hold, there is a lot of evidence that this method is a very important thing to understand, but you have to realize that we can't see in one year you will get fantastic wealth or you want one bitcoin cycle like what happened at the beginning of the bitcoin cycle which experienced a very high price increase, we are in a different world now and the best way is for you to hold on to the next few cycles to get that amount of wealth from bitcoin.
Even if we want to get rich by investing in Bitcoin, there is no guarantee that it will make us rich because no one can ever say when Bitcoin will go bullish. If we review its history, we can get a good idea. After Bitcoin was launched in 2009, its price was very low, just a few cents, but since then Bitcoin has gradually increased and today the price of Bitcoin has increased many times. The same situation will arise in the future. Due to the limited supply of Bitcoin, the demand for it by investors has increased, due to which the price of Bitcoin has also gone bullish. Even if an investor cannot profit in the short term, he will definitely be able to profit in the long term. Those who hold Bitcoin for the long term will definitely be successful.
If you just say or speculate that the price of bitcoin in that amount must exist, even since long ago there have been those who have said it with their mouths open, but there is no guarantee because bitcoin is not an asset that can be controlled in terms of demand and supply.

Yes, there is no other way than to save it in the long term, it's just that we need to see that historically bitcoin at least gives you a big reward, then I want to state that even if we will not be rich from bitcoin at least bitcoin saves us from inflation that continues to increase every year which eats our money.