Bitcoin As Long Term Investment?

[Monster5]

Currently, the price of Bitcoin has pumped up the price of the cryptocurrency market more than before. Currently Bitcoin has grown the most but I think Bitcoin is better than gold. Because now the price of Bitcoin has increased even more than the price of gold. Everyone hopes that the future will be better.

[Laxmi Sharma]

Bitcoin is a very popular coin. Investing in Bitcoin is considered to be much more profitable than investing in Gold. Many people have made good profits by investing in Bitcoin. Investors also like to invest in Bitcoin. Because Bitcoin has created confidence in people's minds. So I think Bitcoin can be chosen for long term investment. Because the popularity of Bitcoin is increasing day by day.

[Zero0]

Bitcoin is known as the number one coin in the world. Investing in Bitcoin is considered equivalent to investing in Gold. Investing in Bitcoin is highly profitable despite the risks. Bitcoin's popularity is growing day by day. So I think Bitcoin can be chosen for long term investment.

[Freemind]

If we consider that Bitcoin had an ATH of $20,000 at the end of 2017 and reached $41,941 just 3 years later, I think it answers the question in the thread. Bitcoin is a very good long term investment. Understanding long term as a minimum of two years or more, no pump and dump in a few hours like shitcoins.

[Linda78]

Bitcoin is a very popular coin. Investing in Bitcoin is considered to be much more profitable than. Many people have made good profits by investing in Bitcoin.and now its price has already risen to 40 thousand. Therefore, it is very suitable for investment.

[ranaprime]

I agree with you. If we look at Bitcoin nature then we see that long time it is remained stable then again it has rise up. After 3 years later we see the bitcoin price movement is visible to crypto world. So I think in the case of Bitcoin - we need a long-term investment.

[Bobcrypto]

Yes, just like stocks, Bitcoin also faces price fluctuations trends that many people considered it volatile.
In addition, Bitcoin is one of the most liquid investment assets due to the worldwide establishment of trading platforms, exchanges and online brokerages. You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel whether you’re looking for a long or short-term profit.

[lepbagong]

Yes, just like stocks, Bitcoin also faces price fluctuations trends that many people considered it volatile.
In addition, Bitcoin is one of the most liquid investment assets due to the worldwide establishment of trading platforms, exchanges and online brokerages. You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel whether you’re looking for a long or short-term profit.

agree with the colleague above that bitcoin is very easy to trade because it has become a highly sought after coin and has been used as a long-term investment and now it may also be a short term, which happened last year by bitcoin.
Bitcoin is indeed almost the same as stock trading because it needs good analysis and can measure when to sell and when to buy, if it is not right then it will experience large losses depending on the price difference.
but indeed the convenience of exchanging bitcoin anywhere for fiat is widely available because bitcoin trading is very profitable.

[Laxmi Sharma]

Bitcoin is called the king of the cryptocurrency world. Bitcoin's popularity is much higher. Investors also like Bitcoin. As Bitcoin's popularity grows, so do its prices. So I think bitcoin can be a long-term investment.

[Ricky]

Bitcoin's popularity is a lot. Those who invested in Bitcoin in 2020 have now doubled their profits. So I think investing in Bitcoin is never likely to be a loss. Maybe in the long run. Profits are more likely. So I think Bitcoin is the coin suitable for long term investment.

[tampy784t]

The ideal option is to buy Satoshi every month and build up your position in Bitcoin for 10 years or more, over such long periods there is a high probability of increasing your investments very well

[Monster5]

Bitcoin is the best coin for long term investment. It has grown exponentially for some time now Bitcoin has exceeded its speed limit. Bitcoin prices have risen sharply in recent days in the cryptocurrency market. So I think bitcoin is one of the best things to invest in for a long time.

[CriptoLH]

Bitcoin investments have proven to be the most reliable and highly profitable. In times of pandemic and economic crisis, bitcoin helps people save and multiply their financial assets. Bitcoin's price will rise in the long run and bring good returns to coin holders.

[Wan_Sko]

I believe in the future and invest in bitcoin.I think that in a few years, everyone will use cryptocurrency. I want to make it to this stream. And to store this money, I use a web wallet-this is a convenient and reliable way to store it here [nofollow]. I believe in what I do, despite the doubts of others.

[Willitivity1]

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?

Sadly these days new investors see Bitcoin as an investment tool,but that was not what Satoshi Nakamato envisioned for bitcoin I guess, but it seems bitcoin has evolved way past what he had in mind, bitcoin is definitely worth holding unto as a long term investment cause it just keeps growing massively in terms of price, I can see Bitcoin becoming $100k in the future, no doubt.