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Author Topic: Hold bitcoin long Enough and you are most definitely safe  (Read 1311 times)
Delaforetnoire
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Today at 07:11:45 PM
Last edit: Today at 07:27:46 PM by Delaforetnoire
 #161

Bitcoin is still "very young"  when compared to commodities like Gold. It has only a less than 20 year history. But insofar, history has shown that it has done well (past performance is not indicative of future).
Bitcoin’s journey is not as long as gold, but considering the position from which Bitcoin started its journey and has come this far, if it stays for a long time, Bitcoin would be at an even higher position.

Gold has been in use since ancient times but Bitcoin started being used much later, yet Bitcoin has come a long way.

Just by looking at the history behind Bitcoin, it can be understood how it has come this far through different ups and downs.

In the future, Bitcoin will go much further, those who can invest for a long time will be able to take a good amount of profit from here. For investing safely, bitcoin is the best.
Jasmyne
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Today at 07:41:28 PM
 #162

Bitcoin always
At this point, we don't need to still be advocating for bitcoin because it has already done all the promotions needed of it and everyone and anyone who believes in the coin, will always want to seize the opportunity to invest in it.
At this point, we have differs reasons why people might not be able to invest in bitcoin and that's understandable but I don't want to believe that, there's any tangible reason why anyone who knows about bitcoin is not investing except they don't have the money to invest or even DCA

In reality, those who have acquired specific knowledge through research about Bitcoin and have enough money to invest, this long-term mindset, will definitely invest to take advantage of Bitcoin opportunities in the future and hold it for a long time with confidence. However, there are many people who know about Bitcoin but are not motivated to invest, this is absolutely normal. It can never be the case that a person will be motivated to invest in Bitcoin just because they have knowledge about Bitcoin. The investment decision is completely your personal decision. I have seen many people who know about Bitcoin but are not motivated to invest.
There must be motivation to invest, not only to invest but also motivation or I’ll rather say the determination to hold. These are two different things and not every investor possesses this two. some actually want to invest, but to hold for that long term is what they really can’t do because they are not disciplined enough due to one or two reasons stopping them or even due to the fact that they are after making quick profits, immediately after little profit comes, they sell.
So it way beyond just knowing bitcoin, almost all investors know bitcoin is a store of value but some fail to make use of it as one.
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