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Author Topic: Benefits of Holding Bitcoin Long Term  (Read 1622 times)

Offline doc

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Re: Benefits of Holding Bitcoin Long Term
« Reply #60 on: February 04, 2024, 06:38:43 AM »
Investing in long-term holdings is definitely more profitable at present. If $100 worth of assets can be invested at present, there is a possibility that this $100 worth of assets will increase by 2 to 3 times in 2025. At present Bitcoin price is under control which all investors are interested in investing. 
So all investors are invited to invest in Bitcoin at present. It is likely that the price of Bitcoin will certainly touch one and a half million dollars in 2025.

You're  right current bitcoin price is $ 43 K, If bitcoin will touch more $ 100K at  2025, I think we will gain profit 300%.
So, as you said investing in long term term holding is more profitable. But if we want to gain daily profit, trading is the first choice.

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Re: Benefits of Holding Bitcoin Long Term
« Reply #60 on: February 04, 2024, 06:38:43 AM »

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Offline Mayajal

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Re: Benefits of Holding Bitcoin Long Term
« Reply #61 on: February 04, 2024, 10:17:27 AM »
The benefits of holding Bitcoin are just waiting patiently. Buying and holding bitcoins is sure to improve the price of bitcoins and profits are guaranteed. In order to maintain this holding, there must be an external source of income, whenever you face a risk, you can recover the risk by paying from elsewhere. However, to avoid having to sell this holding, holding on to Bitcoin should be done for at least 5 to 10 years. The longer-term the level of Bitcoin holdings, the greater the potential benefits.

 

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