Post
Topic
Board Speculation
Re: "Is Bitcoin the ultimate savings tool?"
by
TravelMug
on 10/08/2025, 02:38:30 UTC
Most people generally think of Bitcoin as an "investment for profit". Again
Many Bitcoiners see it as a savings tool – especially those in developing countries. Because it holds value for the future and is personally controllable. The total supply of Bitcoin is 21 million and it has historically held its value for the long term. This makes it relatively easy to send remittances and Bitcoin can be seen as a "digital savings account".
There are price fluctuations in the financial markets.
But I think holding it for 5–10 years will actually be profitable.
By putting aside some regular portion, just like fixed deposits used to be. It is a type of investment or opportunity to make a profit. "Buy low, sell high" is an asset that you hold for the long term, not something that you "buy when the market is up and sell when it's low".

Isn't it obvious by now that BTC is the best asset to accumulate and then HODL. Yeah a good 5-10 years will really be profitable, or at least a full cycle of bull and bear will be a good test and experiment for everyone.

Although the price is really going expensive unlike when the time that I joined the market, it's about less than a thousand. But now we are talking about hundreds of dollars per pop so others might not have the money to buy. But the good thing is that we can just do DCA and buy with the money that we can afford to invest. And then slowly continue with it and have the tough mentality not to sell unless there is a very important reason.