Being that it operates independently of any government or central authority
I think that you forgot to add here,
not being able to operate by any of them.
the value is determined solely by market demand and supply. So, holding Bitcoin for the long term is indeed a smart strategy, especially during bullish markets when prices tend to rise. Lots of investors have seen substantial returns by patiently holding on to their assets
You're right, it's all good for the long term and people still trying to figure it out whether it's a good investment for them. While us, we've got plans already for our futures through Bitcoin. While the institutional investors are understanding it and making us happy by them purchasing more Bitcoins for them but do not forget that they have time of selling to and so as we.