Why is cryptocurrency bullish in the long-term

[XUNing]

Crypto currency is currently the most popular investment field. It has already brought huge profits to many investors. Now many new users and institutions are making profits by investing in cryptocurrency. With the increase in the use and circulation of cryptocurrency, more and more people realize the benefits and significance of crypto currency. But the total amount of Bitcoin is fixed and scarce, and the supply and demand relationship makes its value rise, also a lot of room for appreciation in the future.

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[Rasa nanas]

they don't do any difficult analysis, they just compare the price of bitcoin a few years ago to today. with that simple analysis they have confidence that bitcoin is a very profitable investment in the future. the limited number of bitcoins and the growing interest make the future of bitcoin look very bright.

[Sithara007]

Crypto currency is currently the most popular investment field. It has already brought huge profits to many investors. Now many new users and institutions are making profits by investing in cryptocurrency. With the increase in the use and circulation of cryptocurrency, more and more people realize the benefits and significance of crypto currency. But the total amount of Bitcoin is fixed and scarce, and the supply and demand relationship makes its value rise, also a lot of room for appreciation in the future.

A question I hear again and again is that Bitcoin has gone up already by so much, and what are the chances of it further going up. But look around for similar cases. I compared some of the large-cap stocks such as AMZN, FB and MSFT with Bitcoin. For the last 5 years, AMZN has given returns of 400%, despite having a very high market cap at the beginning of this period. Now take the case of TSLA. It has gone up by 15x during the same period. So the conclusion is that if a particular asset is good, irrespective of the current valuation, it will give good returns in the future.

[Ngemmeng]

I am a young person who also invests in cryptocurrencies. I participate in the bounty and airdrop campaigns, then I will hold the altcoins I earned until I reach the target price. that's more or less how I seek to profit from cryptocurrency. I do not use capital, only rely on hard work and luck.

[Desmong]

Buffett said, never depend on single income,make investment to create a second source.
Investment is very important, and now more and more young people like to invest in cryptocurrency. Why are they so optimistic about the crypto market and how do they analyze and profit from it?

Why is your topic not correlating with your point of discussion? Cause I was expecting to see things related to  Bitcoin bullish movement. Although that is for another day.

Cryptocurrency investment should not be the only source of one income. Income source should be split into different areas so that if one is not doing well or having good returns from a source, others might be encouraging enough. This is the way big billionaires in world operate, putting their eggs into different baskets.

[Ausgewielt]

For me understanding the trend is very important. Today most of us have smartphone, it is mean that businessman can easily approach the market and sell their product. I think this situation make the competition even tighter, and companies which can provide advantages (include the ease of transactions) to the customer will win the competition and get market share. Now we are not only buy physical goods but also digital property. For me using cryptocurrency to buy such things is better than when I use bank service. So I invest in bitcoin because I believe that the demand for bitcoin will always increase and the price will tend to rise.

[hugo_uzman]

the scarcity of bitcoin supply has a higher inflation in a long period of time, that is why holding bitcoin for long-term investment deserves a happy and lucrative returns.

[Sithara007]

For me understanding the trend is very important. Today most of us have smartphone, it is mean that businessman can easily approach the market and sell their product. I think this situation make the competition even tighter, and companies which can provide advantages (include the ease of transactions) to the customer will win the competition and get market share. Now we are not only buy physical goods but also digital property. For me using cryptocurrency to buy such things is better than when I use bank service. So I invest in bitcoin because I believe that the demand for bitcoin will always increase and the price will tend to rise.

Even without the usage as a currency, the value of Bitcoin will move up. Because nowadays it is more likely to be used as an investment asset. And it is important to have an asset that is protected against inflation, because the purchasing power of fiat currency is going down on a continuous basis. There are other assets that are protected against inflation (such as gold and platinum), but even these assets are getting riskier to invest now because of the rising levels of asset seizure by the authorities.  

[Rajamuda]

and now more and more young people like to invest in cryptocurrency. Why are they so optimistic about the crypto market and how do they analyze and profit from it?

Cryptocurrency has become one of the important things and is increasingly well known in long-term investment to encourage finance, especially young people, of course they will be very interested and highly curious to explore crypto/bitcoin till know it better.
Over time, because crypto has good popularity.. of course it will be easy to learn all the characteristics of its advantages in terms of investment, I'm sure it won't be difficult when they try to analyze and try to gain insight more deeply, so they can earn profit from crypto.

[Findingnemo]

Buffett said, never depend on single income,make investment to create a second source.
Investment is very important, and now more and more young people like to invest in cryptocurrency. Why are they so optimistic about the crypto market and how do they analyze and profit from it?

Cryptocurrency can be one a source as well, what is wrong with it?

Warren Buffett only invest on the companies and fields where he strong about it on that technology based is not in jis priority list but it doesn't mean that any tech company never made any profits.

[sapnu]

There are a lot of cryptocurrency out there right now and most of them are being successful and some are vanishing or ends up as a dead coin. In terms of identifying which crypto can be the most bullish in the long term, it is much important that you always analyze and speculate each top coins in the market if you are longing for a coin that is bullish in the long run. At least see their history also if they were able to be bullish before or not or if they ever experienced being bullish and it lasted for a while. Through that you can identify the coins that are bullish long term.

[fara_buduk]

choosing and analyzing new cryptos that might make us get huge profits requires careful diagnosis so as not to fall into rubble and bulls is what we hope for because this is the purpose of investment. new, it's better to choose a coin that is already running to wait for the future holder even though the profit is not as high as a new coin that can be bullied

[TheUltraElite]

Thank you for your advice and guidance, it is very helpful to me. I am also learning to understand the crypto market and price trend analysis charts, analyzing and judging investment timing. And I hope that I can invest and earn profits based on suggestions and learning.

Just dont invest all your savings in crypto. Keep liquid cash at hand for emergency, keep investments in traditional fiat markets, aka stocks, bonds and precious metals too.

You need to have more than one method of investment to fall back upon, because when the bitcoin market crashes, it crashes like a tsunami and therefore the other stuff in your portfolio will keep you sane at that time - you will not understand the importance of this at this point but later on you will.

the scarcity of bitcoin supply has a higher inflation in a long period of time, that is why holding bitcoin for long-term investment deserves a happy and lucrative returns.

Deflation is one point that investors take into account. Accumulating it today makes it scarce tomorrow, driving the demand almost intrinsically - one of the factors of bitcoin that altcoins lack.

they don't do any difficult analysis, they just compare the price of bitcoin a few years ago to today. with that simple analysis they have confidence that bitcoin is a very profitable investment in the future. the limited number of bitcoins and the growing interest make the future of bitcoin look very bright.

Interest in bitcoin is defenitely growing. It is a good thing for both investors and merchants, because the more buzz around bitcoin the more pressure on the governments to start allowing people to use it freely.

[bryant.coleman]

If the rumor about Amazon is true, then we don't need anything else to propel BTC to the $100,000 per coin mark. But the big question is whether they will try something like what Facebook attempted (i.e. plagiarizing the idea of cryptocurrency and then listing their own product). And a lot of people are saying that Amazon actually want to use their own token instead of Bitcoin. Now this is not going to be simple, as Facebook's attempt at Libracoin was shot down even before the plans could be finalized. So my guess is that at least in the medium term, Amazon will have to use BTC, if they want to go for cryptocurrency adoption.

[southerngentuk]

I think OP should not view investment in this area like that. The point is that pure and obvious cryptocurrency is showing more and more value in its use, and that has helped in part to make the coins more valuable than before. I think we're all talking about things that are transparent and not short term shitcoins that make short profits and also end quickly. But I also do not support the investment in a variety of industries, or more precisely if you do not understand it, then learn before you start, every profession in life I think about it like that.

[Snappycoco]

Who wouldn't? I saw the potential in cryptocurrency growth within bullish market and saw the opportunity with it. Rather than spending money with games, I realized as a teenager that investing for my future is a must. Many of us are careless and probably not worrying for the future, but with cryptocurrency it helped us to invest easily without hassle.

[Dragonfund]

Buffett said, never depend on single income,make investment to create a second source.
Investment is very important, and now more and more young people like to invest in cryptocurrency. Why are they so optimistic about the crypto market and how do they analyze and profit from it?

Many millionaires and Billionaires today didn't make it to that top list because they focused on a single income, they combined one or two, made money from them and invested in more to amass more wealth, that's how it works in real life.
Hold much and more bitcoin if you have the source and power. Buffet though, has never been a fan of bitcoin and doesn't have plans to hold it in the future but why is everyone still want him aboard still surprised me because he isn't even the richest, we need people like Bezoz online.

[STT]

Buffet was never a fan of technology and this is a virtual cryptographic protocol that has him perplexed at best as to its worth.   He admits himself he has never invested in Intel or any of the long standing tech companies, his firm only invests there now because he handed alot of the decision making to lower lieutenants.
   If he was a genius on tech, he could have put 1k into CSCO in 1990 and made back a million within 10 years.   Or his friend Bill Gates, if he had invested MSFT in 1990 it would have taken 18k to 1 million dollars within ten years also.   Just a nice trade but still long standing companies with valid technology and now we're talking open source but still valid unique technology and its a problem, the biggest negative is its not his arena.

   I can remember Buffet on the headline news bailing out a bank from failure in the 90's, he was old then and very well respected.   He really is a living legend but its not his arena to comment on this technology especially and I've yet to hear him argue why its invalid in any proper detail, it has a utility and valid market so why would he not just trust a free market to use or expire it when they no longer have a use for it like any product we might move on but just now its used and useful.

[pealr12]

Buffett said, never depend on single income,make investment to create a second source.
Investment is very important, and now more and more young people like to invest in cryptocurrency. Why are they so optimistic about the crypto market and how do they analyze and profit from it?

Can you compare 5 years back to this present time! No because of the huge difference between crypto back in 5 years and crypto in this present time, there are more acceptance, inclusion and improvement in the way crypto is viewed now than before, likewise in the future there will be even more bigger and wider acceptance, improvement than what we are seeing now, the more people discover and join crypto the more the value will increase, some of this recent projects utility can fully be accessed in future because by then they have been fully developed, so investing now for the future is important because by then development has increased and so are the price because of demand.

[goldade]

Buffett said, never depend on single income,make investment to create a second source.
Investment is very important, and now more and more young people like to invest in cryptocurrency. Why are they so optimistic about the crypto market and how do they analyze and profit from it?

Although there are usually corrections in the price of a cryptocurrency, it is usually bullish on the long run because of its adoption in the mainstream or the crypto community.  This adoption, however, increases with time which makes it bullish.
The price of bitcoin 10 years ago is really low but with its adoption over the years, it has grown to what the price is today. This means that someone who invested in bitcoin 10 years would be swimming in profits if the person didn't sell