This days people are investing in bitcoin investment for different reasons, some have choosen it to be a better and a saver place to keep their asset from inflation, and some have also been using it as an avenue of making quick cash on trading and exit at will . Furthermore many also has plan of holding for longer duration and build endless wealth overtime through it. However, here comes my question that has been running through my mind for sometime now, what's your true purpose of investing in bitcoin? Are you here to take profit and walk away like some fair weather dudes does, or you are in to acquired generational wealth in a long run and get the future secured. Share your goals let's see....
The short answer to your question is that I am investing in Bitcoin to be financially successful. Even in the current reforms of the traditional financial system, governments have adopted their previous policies and printed money to increase the liquidity of money and imposed the burden of inflation on the citizens of the country. The value of Fiat is decreasing due to inflation and I know that the extent of this depreciation will increase further in the future. I am holding Bitcoin compared to Fiat accumulating because the value of this potential asset is going to increase in the coming period.
As a long term strategy, I am focusing on Bitcoin investment because the main objective is to earn profit. Although earning profit is the main objective to get to that stage I have to focus on Bitcoin accumulating through patience and I am now passing that focus stage. I am holding Bitcoin regularly and have set a fixed target of 4-10 years.