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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?
This bitcoin is the most popular coin in the crypto universe. Bitcoin is called the king of the cryptocurrency world. Bitcoin's popularity is growing day by day. I think Bitcoin is a good coin for long term investment. Investing in Bitcoin can be more or less profitable.
To me btc is better off as a long term investment than short term, you stand the chance to gain more than holding short term, especially when you have a very limited resource to invest.
For me, bitcoin is a long term investment asset. because prices have increased fantastically in the last 5 years. yeah, for me it is an investment because in my country bitcoin is not yet a legal of payment but investing in bitcoin is not an illegal act.