Is bitcoin really worth holding

[Inior]

This is a question alot of newbies ask these days probably because of the price of bitcoin compared to other assets and how fast one can easily make a 100x return on most project with small capital. People continually ask these questions in skepticism and end up procrastinating their bitcoin accumulation or investment journey. However I'm here to break some key reasons why bitcoin is still worth getting into irrespective of the price of 1BTC as of today.

We will all agree that as the years go by, the price of bitcoin continues to fluctuate and most importantly it's fluctuating with a bullish momentum. Some of the reasons for this bullish momentum is the economic law of demand and supply. Unlike so many projects or assets out there, bitcoin has a limited supply of 21 million bitcoin to ever exist and only few persons truly understand the importance of this news and that is why we see some holders giving bitcoin accumulation their best efforts by holding as much as they can.

Now one thing we should understand is this: countries are beginning to flood themselves with debts of which they're probably not gonna pay back anytime soon or forever, and that is weakening the economy of that country causing inflation to rain upon the economy. While on the other side increase in buys of bitcoin is causing the market to experience pump and the only way to escape from inflation of your fiat currency is by investment in an anti inflation asset like bitcoin especially when you plan on saving for a long period of time.

Bitcoin in all its years of existence has been known as a dominator. It's price starting from less than a dollar has outperformed several stocks and assets in terms of price, as of today, bitcoin is ranked 3rd most expensive asset in terms of unit price and the probability of taking the 2nd position this year which is around $142k is very realistic cause some whale are planning on buying alot of bitcoin this year eg, the CEO of strike who said he's planning on becoming the higher bitcoin holder this year which is approximately around $64 billion worth of bitcoin. These are important informations that tells how enthusiastic some of these whales are and trust me their engagements always make significant impact in the market. However I believe bitcoin will do great this year and that means breaking ATH multiple times.

[Agbam]

As Newbies when you don’t know about something, you might have wrong notions and ideas about it but if you’re interested to know you make your research and findings  on the matter either to prove what you know or disprove it and know better.

Anybody who’s still asking such questions surely haven’t done their research on bitcoin, I know people still do ask it but look at the chart posted by @ACT you’ll know that it’s an asset you can hold for a long term and see dividends worth your time and money invested.

[Obulis]

The skepticism is real, looking at the price of Bitcoin now and the inability to believe the probable future of Bitcoin leaves people confused and inactive but if I may ask till when? In the first place your major input is with your discretionary funds. That being it, a newbie has to just carry on with Bitcoin accumulation journey even with such skepticism because there is no time that investment is not risk taking. Much more there are facts that Bitcoin remains a valued asset on a long-term move.
Like I do speculate that Bitcoin will hit a one hundred thousand dollars stands (where it's fall or rise as it is will be all around $100,000 nothing less).

[Donk1]

​Well if I may say the significance of Bitcoin as a long lasting value and not just only away to financial success has made it an asset of not only freedom from third parties but also an asset of financial insurance. In the sense that, when the value of a country's currency falls because of debt, high inflation, and even devaluation unfortunately it ends up losing value but then for Bitcoin its limited scarcity and its unique value has proven again and again that it’s a true store of value that serves as an alternative to every crypto enthusiast without anyone controlling it.

​That said if I may say Bitcoin has existed for over 17 years now. Throughout those years adoption has gradually increased from individuals to companies, and then to countries, and even some banks make use of it. So to me if that’s not enough to show people that Bitcoin is the number one most trusted asset then what is. That’s just it to me  the longer something lasts the more likely it stands to survive in the future....

[Jubilee58]

This question is meant to be asked by beginners in Bitcoin investment. However, bitcoin remains the best investment among all the cryptocurrencies and that is the very reason why it is the most appealing asset for digital investors, growing from strength to strength and recording new height in every bull season, very outstanding and has shown no sign of going back.

The genuity and consistency of bitcoin has made this forum to stand  and should in case any biginner is still in doubt, do yourself the favour of asking questions here and make your founding appropriately.

[Hatchy]

People who do ask this question are those who look out for quick gains. Most new investors jumps into bitcoin probably with the mindset they had with some other coins or tokens where quick gains is a thing for them. With bitcoin being the first cryptocurrency, it dominates what ever features that's offered by other coins. Who would think that bitcoin would cross past the $100k so quick. We saw many critics calling bitcoin a failed project but it has stood it's ground to proof them wrong. Not ones, not twice but so many times as at last year we broke Ath. That alone should tell someone with doubt that bitcoin isn't playing. So instead of contemplating about investing on bitcoin try to seize the opportunity while you still can. I know bitcoin is open for everyone at anytime to invest. But honestly the real investment is at lower price levels and bitcoin might not be going down anytime soon..

[rachael9385]

When investing in bitcoin it's always advisable to always focus on the outcome of what it would be in the future instead of looking at the present worth of it or how unstable it is. A lot of people doubt the potential of bitcoin based on the current value and the market changes but if you consider holding to make valuable amount of money you should fix your mind on holding for at least 10 to 15 years

[SmartGold01]

People who do ask this question are those who look out for quick gains. Most new investors jumps into bitcoin probably with the mindset they had with some other coins or tokens where quick gains is a thing for them. With bitcoin being the first cryptocurrency, it dominates what ever features that's offered by other coins. Who would think that bitcoin would cross past the $100k so quick. We saw many critics calling bitcoin a failed project but it has stood it's ground to proof them wrong. Not ones, not twice but so many times as at last year we broke Ath. That alone should tell someone with doubt that bitcoin isn't playing. So instead of contemplating about investing on bitcoin try to seize the opportunity while you still can. I know bitcoin is open for everyone at anytime to invest. But honestly the real investment is at lower price levels and bitcoin might not be going down anytime soon..

You know when you take statistics of Bitcoin from the year it was introduced or launched till now you would see that Bitcoin has never failed before and of course, instead of Bitcoin to fail it's making more progress and creating different ATHs. And yes, who knows what would happen next again towards the space and who knows if we could actually meet Bitcoin at this level again. This is 2026 and there is possibilities that something positive could happen and when Bitcoin try to cross the range of 126k this time around then I don't think we could actually and everly see Bitcoin at that price, hence it would be 126k and above which could be that expensive for people to acquire or possibly would be regretting why they didn't venture the market at the right time when it was that very low to acquire than now that price has so much increased. I still believe that there are people who are regretting about their actions when they met Bitcoin at 20k, 30k, 50k, and 60k respectively and then they where thinking the price would drop lower than it was but now It's something else.

[adultcrypto]

The era of bitcoin making x5 or thereabout is long gone, we are at a stage in which institutions have entered the market which means it requires a lot of money to move the market by few pips. Therefore, anyone investing in bitcoin now must be willing to hold bitcoin for many years to be able to realise good profits. If an investor wants to enter the market and become rich in few months, he should be ready for a huge surprise. Bitcoin is worth holding without mincing words and the duration should be in decades, that is when real gains will be achieved.

[Shadiq]

Bitcoin still only works against long-term inflation. If you think about the short term, then Bitcoin is riskier than fiat. Even the main purpose of accepting or investing in Bitcoin should not be only profit, but use Bitcoin holding as a hedge against long-term inflation and to be free from third-party control and supervision. If you can hold Bitcoin for the long term, then you will definitely earn profits, the expectations of which should not be too high, especially 100X profits. Bitcoin may not be able to give more than 10X profits even after 3-4 cycles. We should not expect excessive profits from Bitcoin, Bitcoin is not a get-rich-quick scheme.

[Cryptoprincess101]

The problem why many people fall to scam projects and shitcoins is because they want to make quick money. Anyone who wants an investment that will elevate to x100 should not even think that bitcoin is the coin they can hope for such. x100 of bitcoin now is close to $10 millions which is impossible in the long run not to even talk of within a short period of time. It is true that due to the price of bitcoin, many profits may not be achieved but yet you can still make a lot of profits in the long run. Bitcoin is still very much an asset to rely on because of its value and the ability to save your money from inflation.

[Odogwu-Blockchain]

From my experience in crypto for so long, I can testify that Bitcoin and other top 10 alternative coins on market cap are worth holding, these are the coins that wouldn't failed you even at their lowest momentum, they still has the strength to bounce back and record new ATH.

Bitcoin price may be too high for you to grab a better quantity, to solve this, it's best to buy via DCA or with bigger amount of Fiat, these will only let you enjoy the dividend of Bitcoin holdings.

[JimaGod]

The skepticism is real, looking at the price of Bitcoin now and the inability to believe the probable future of Bitcoin leaves people confused and inactive but if I may ask till when? In the first place your major input is with your discretionary funds. That being it, a newbie has to just carry on with Bitcoin accumulation journey even with such skepticism because there is no time that investment is not risk taking. Much more there are facts that Bitcoin remains a valued asset on a long-term move.
Like I do speculate that Bitcoin will hit a one hundred thousand dollars stands (where it's fall or rise as it is will be all around $100,000 nothing less).

Why doubt the long run of Bitcoin? It's very important we know our routes in the space and not giving up till I hit the lotto. When I'm in a room, I asked myself, what am I doing to make my financial life a success? What steps am I taking to reach the very top? It's very personal we take our investment in crypto very serious. I told myself, this year I'm making it out alive and completely out of poverty. Bitcoin is major project in the market. All investors and traders have a thing to do with bitcoin, it's very important to know how the market works when it involves bitcoin.

[Crypto_Timothy]

This is a question alot of newbies ask these days probably because of the price of bitcoin compared to other assets and how fast one can easily make a 100x return on most project with small capital. People continually ask these questions in skepticism and end up procrastinating their bitcoin accumulation or investment journey. However I'm here to break some key reasons why bitcoin is still worth getting into irrespective of the price of 1BTC as of today.

If i can drop my 2 cents to this, bitcoin has alot of potential, this we know but there is this practical expectation that comes with people seeing Bitcoin as just a financial freedom tool especially when all they know about Bitcoin are from influencers who are quick to show gains and investments returns making it look like a quick money scheme.

For bitcoin adoption to even be a thing, bitcoin education has to increase. Im not talking about Bitcoin awareness because awareness is not enough for adoption, people truly need to be educated on the opportunities that Bitcoin offers.

[DaNNy001]

funny question, it bitcoin isn't worth holding then would thousands of people in the world really be holding it today?maybe you should read a little about bitcoin from what others have posted...perhaps you posted this just for interactive purpose but the question has a clear and straightforward answer...bitcoin is an asset and it's a currency of the future and a lot of people are getting involved in it because of its potential

[Callido]

funny question, it bitcoin isn't worth holding then would thousands of people in the world really be holding it today?

If he had read other Bitcoin discussion boards and topics before creating this topic, his doubt should be cleared by now. Obviously, it is very reasonable and financially wise to hold Bitcoin. Bitcoin is the most profitable kind of investment on the global stage among the majority of projects and stocks, or gold, people now prefer holding Bitcoin in a long term strategy, which is definitely worth the wait of holding.

There is no valid reason not to invest when you have the source of investing, many people in the future will regret why they never seized the opportunity of buying, just the same way, sometimes we regret why we never noticed Bitcoin to buy earlier.

[ColdLava40]

If it's not worth holding the what it? Shit coins? If anyone has such thoughts he should do well to make some research, the number of altcoins that are being rugged daily buy developers.

There's no altcoins that can stand ground with bitcoin as at now and I don't think there will be any. So having a thought on if to hold your bitcoin isn't supposed to be.

If we begin to list out the reasons why you should invest on bitcoin it would be so much. But then bitcoin is a system built on trust, that's why many investors have sticked with it for years.

[Pablo-wood]

The era of bitcoin making x5 or thereabout is long gone, we are at a stage in which institutions have entered the market which means it requires a lot of money to move the market by few pips. Therefore, anyone investing in bitcoin now must be willing to hold bitcoin for many years to be able to realise good profits. If an investor wants to enter the market and become rich in few months, he should be ready for a huge surprise. Bitcoin is worth holding without mincing words and the duration should be in decades, that is when real gains will be achieved.

Holding for decades? Ah that's taking it too far. Bitcoin isn't a short-term project, but at the same time it's not a lock it away for 30–40 years or nothing matters asset either.

It's true that the days of easy x5 returns in a few months are mostly gone due to market maturity and institutional involvement. At the same time, it doesn't automatically mean meaningful gains can only be achieved over decades. Bitcoin has historically delivered strong returns within 4–10 year cycles, especially when accumulation is done during bear or consolidation phases.

Also, investors have different goals. Some are long-term holders, some rebalance during bull cycles, and some take profits to reduce risk. Treating Bitcoin like a pension fund ignores market cycles, personal financial needs, and opportunity cost.

Bitcoin rewards patience and discipline, not blind extremism. You don’t need decades to see solid profits, what we need is a realistic expectation, proper timing, and risk management. Holding forever isn't a strategy but knowing when to hold and when to take profit is.

[Inior]

If he had read other Bitcoin discussion boards and topics before creating this topic, his doubt should be cleared by now.

Lol  try dey read before you make comments, see as you don misunderstand the entire thread now. In case you miss the idea of this thread, the topic na question wey newbies dey usually ask but in my thread i try give some points wey go neutralize that doubt should in case any newbie come across this relatable post.

If it's not worth holding the what it? Shit coins? If anyone has such thoughts he should do well to make some research, the number of altcoins that are being rugged daily buy developers.

There's no altcoins that can stand ground with bitcoin as at now and I don't think there will be any. So having a thought on if to hold your bitcoin isn't supposed to be.

Bitcoin being the most reputable coin in the market,  if it fails to hold that title then no coin is worth taking it because that would definitely lead to the entire cryptocurrency crash and people would go back to investing in gold and other stocks. However people with this kind of mindset only end up procrastinating their investment and as time goes on, they begin to see the reason for investing when they first had the intention to do so. Take for example the price of bitcoin last 2 years is not the same as of today irrespective of the dip we are in now.

[9ja Amaka]

Gone are those days when Bitcoin can turn you into a millionaire from your little investment. Now, you need money to profit massively in Bitcoin. Bitcoin is the best asset to hold in this era. It preserves worth, what could be more better than that?

Newbies are quick to ask questions, in relation to profit. I think what they should be more concerned about is how they can actually get hold of sizeable amount in their portfolio. This is my opinion on this subject.