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In my opinion bitcoin, Ethereum and litecoin also the best online virtual cryptocurrency but it also long term investment coins. Of anyone invest bitcoin as a short term investment but he could get benefits a little bit but if he invest it for long periods then he sure be benefited hugely.
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 Bitcoin can be compared to real estate like that. That said, I do think it is a good long term investment, as long as you don't put all your eggs in one basket.
You could say Bitcoin will be able to go up in price and be able to surpass the sale of real estate prices but unfortunately if Bitcoin Dump then it is certain that the price will drop unbearably.In various policies, Bitcoin cannot be equated with Real Estate or gold because its fluctuation has no clarity in a stable price.