Quote from: peter0425 on Today at 10:52:25 AM

Did your friend forget his account which is why he was trying to recover it? If so, it’s kind of a blessing in disguise. Because if you forgot your account and only remembered it recently then it’s certain you will end up profiting from bitcoin. This kind of accounts are proof that if you hold bitcoin for a long time, you will end up profitable

This is certainly the point to pick from this thread, simply look at the duration this is the movement of bitcoin in less than 10 years, it did a more than 9000% from that time to now, because if you look at the value invested then and what it is now it is a whole close to 100x of one’s investment. This is testament that if you can hodl for so long again like this there is certainly going to be a huge profit even it wouldn’t be same highs again.

Reason why I don’t think the market will do a 100x in less than 10 years more from now is because of the volatility. The volatility when the market was at his early stages were extremely high but right now even though the market is evolving and a much higher demand is coming coming in the volatility is not that high again but profit is still almost certain for a long term hold