Bitcoin As Long Term Investment?

[vaysar]

The main advantage of bitcoin is a stable profit in the long term. Minor drops are possible, but, as the practice has proven, sooner or later the rate still rises. Of the risks for long-term investment, one can single out the gradual centralization of bitcoin, a relatively small capitalization - this makes it possible to manipulate the price. For myself, I consider these risks to be minimal and I believe in the success of long-term investments.

[masterrex]

IMO, Its YES, bitcoin is a good investment for short and long-term purposes, In fact, it was hailed as the most profitable investment option in the decade, so it has no doubt Bitcoin will be one of the brightest prospects in the field of Investments and continue to outclass other important assets in our time except the Gold.

[Msweet]

When investing in Bitcoin, the price of Bitcoin must be given priority as the price of Bitcoin fluctuates very fast which makes it very difficult for investors to understand.

[Btceth01]

Yes we are. But knowing how long we keep holding bitcoin is just a matter of personal decision. You have to understand that we are always aiming for profit so better to set your own price highest pick as a bitcoin holder and if btc reached that point that would be the final day for your most awaited moment.

If who invest bitcoin as Long term period, they already got benefits.

[Lorix]

You can benefit from long and short term investments. However, Bitcoin is a very good coin for long and short term investments. No investor suffers by investing in bitcoin. Because the price of bitcoin does not always go down, the price of the coin can go up and down even after buying. The price of Bitcoin fluctuates every moment. By investing wisely in the long run they can benefit from the market.

[AllSii]

Yes we are. But knowing how long we keep holding bitcoin is just a matter of personal decision. You have to understand that we are always aiming for profit so better to set your own price highest pick as a bitcoin holder and if btc reached that point that would be the final day for your most awaited moment.

If who invest bitcoin as Long term period, they already got benefits.

It is possible that soon investors who have unsuccessfully bought bitcoin for 20 thousand dollars will be able to return their money with a profit.

[dekafee79]

Honestly, many people including me is looking at Bitcoin more as an investment asset (which we are wishing can be rising up all the time though this is impossible) more than a payment network and that is the reason why we are holding on to it and will not be moving no matter what.

Since we are thinking more like an investor rather than as a consumer,  should we then look at Bitcoin as a long-term investment just like getting into real estate? And how long is the long-term here, 5 years, 10 years?

I don't think to hold Bitcoin for five or ten years, It is not profitable. Bitcoin has shown good performance now. I think Bitcoin is better to do daily trading or short term now. You wil get profit from price gaps. Daily trading is more profitable.

[mlawson71]

I think it is best to open a long position at a low and then keep it open however long it takes to reach a significant high, then cash it out.

[Delgboke]

Looking at the price of bitcoin currently is quite fearful so if you are looking at bitcoin as long term investment you can wait for the value of bitcoin to drop before buying or investing in bitcoin as long term investment.

[therozaq]

Honestly, many people including me is looking at Bitcoin more as an investment asset (which we are wishing can be rising up all the time though this is impossible) more than a payment network and that is the reason why we are holding on to it and will not be moving no matter what.

Since we are thinking more like an investor rather than as a consumer,  should we then look at Bitcoin as a long-term investment just like getting into real estate? And how long is the long-term here, 5 years, 10 years?

After three years ago, Bitcoin struggled. But At this year we can see bitcoin is going up day by day. By seeing this analizing, I think Bitcoin is good for long term investment. But don't buy now , because the Bitcoin price is so high. It is not profitable for hold.

[Blaze]

if you apply bitcoin as a long-term investment then it is a very smart choice because the price of bitcoin from year to year will increase in price and of course it can give us a lot of profit.

[ayatoslaw]

IMO, Its YES, bitcoin is a good investment for short and long-term purposes, In fact, it was hailed as the most profitable investment option in the decade,

Yes, Cryptocurrency especially bitcoin is the best investment choice in 2020, because of all types of investment only bitcoin has recovered in price due to the impact of the pandemic, in contrast to stocks or gold whose price has not recovered until today,
but we also shouldn't forget that cryptocurrency prices are very volatile, so we have to think about risks before investing.

[Paglamon]

The price of Bitcoin started to skyrocket for a while. But now that it has come to a standstill, in most cases, if the price of Bitcoin continues to go up, if it goes down again, users will be very disappointed. But not so much speculation about the price. Bitcoin is the greatest currency for long-term investment. Bitcoin is a currency of choice for traders and investors. However, it is possible to benefit from short-term investment in Bitcoin. It is possible to make more profit by making long term investment. Bitcoin has a great future when it comes to the future.

[Fawpac2]

It is possible to get a lot of profit by holding bitcoin in the long run. In the middle of 2019, the price of bitcoin went down a lot.  Those who bought and held Bitcoin then have got a lot of profit today. So I would say that if you want to hold Bitcoin, you must hold it for a long time.

[ranaprime]

According to my perspective  long term investment is  a good choice for a people who doesn't has much free time to do some trading,  and  I suggest you if you want to invest in a long term investment. In short, both my long-term dreams, as well as guarantee money is creating a feeling for me. Long term investment is for me the easiest and is less risky investment.