if you invest in Bitcoin for a long time, then if it is from 4 to 10, then it will bring success
Holding bitcoin to or 4 to 10yrs doesn't necessarily mean that our investment is going to be successful or in profit. If we look at bitcoin past record it shows that long term holders have been more successful than short term holder , however since the future is unpredictable. There are so many things or factors that may affect the performance of bitcoin. Holding bitcoin for long term may reduce the impact of short term volatility, however it doesn't mean that it has removed the chances of loss. There is still risk in long term investment, so holding for longer time isn't a guarantee that our investment is going to be successful
No one can say exactly what the price of Bitcoin will be in the future, but based on past statistics and current demand, it can be assumed that it is possible to achieve success through long-term investing in Bitcoin. I have said from the assumption that investing in Bitcoin will bring success through long-term investing. There are many very simple reasons behind this that everyone understands. For example, the demand of Bitcoin is increasing day by day, but supply is fixed , large institutions are holding a lot of Bitcoin for long-term investing. And the most important thing is that the powerful countries of the world are planning to buy Bitcoin as their reserve currency. As a result, there will be less Bitcoin in the market in the future and the demand will increase. And the more demand increases, the more the price will increase. This is the knowledge of simple economics. Although the price of Bitcoin may fluctuate due to various influences in the world in the future, at the end of the day it will definitely establish itself as the best and most profitable option . So I think if someone has discretionary income, they should follow DCA and invest in Bitcoin regularly. And also create a reserve fund and emergency fund so that if they face any kind of financial problem in the future, they can take money from that fund and get rid of that problem without selling bitcoin that was holding .