Topic: Will Bitcoin become a long-term trusted store of value? - page 2. (Read 3336 times)
Yes will be, bitcoin become more profitable value when you keep and invest your money at bitcoin and maybe you can take much profit with bitcoin later. just last month bitcoin still down and hope next month bitcoin will raised.
Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Obviously bitcoins will be really good for long term investment due to different people who are interested on investing in cryptocurrency and that is the reason why we should invest today while the market price is still dumping.
i think myself that cryptocurrency is a thing of the future i think that one day we will not have money like today everything will be in crypto coins and everyone will have a crypto wallet in there pocket and all purchases will be done by this
You can not be completely confident in the crypto currency. We must always remember that crypto currency is a very risky investment of funds. Therefore, in general, not a single crypto currency can be a reliable repository of value, no matter how reliable it might seem. In addition, bitcoin already has a high cost, with increasing cost, its price volatility increases and investing in it becomes more risky.
It is almost uncertain these days whether a particular coin will be a store of value, even bitcoin itself considering the recent market crisis and high level of coin dip. People that want to invest in bitcoin are scared of the it's low value right now. But surprisingly the real crypto analysts believe now is the right time to invest and buy the bitcoin since it will increase and moon up to surpass it's last highest mark.
Yeah, with the current condition at the market right now, it's hard to thinking will bitcoin or other cryptocurrency can be a good long term investment or not. It's really different for what happened on 2017, all cryptocurrency price go up and huge, not like this year which all the cryptocurrency price crashed so hard.
I guess it is insufficient to compare bitcoin with its trend last year. When one thinks of long term, it has to be of actual long duration, not just in terms of couple of months or years. Btc has boomed exponentially since it first started years ago. And with the popularity and interest it has gained now, it will surely continue to boom.
It is almost uncertain these days whether a particular coin will be a store of value, even bitcoin itself considering the recent market crisis and high level of coin dip. People that want to invest in bitcoin are scared of the it's low value right now. But surprisingly the real crypto analysts believe now is the right time to invest and buy the bitcoin since it will increase and moon up to surpass it's last highest mark.
Yeah, with the current condition at the market right now, it's hard to thinking will bitcoin or other cryptocurrency can be a good long term investment or not. It's really different for what happened on 2017, all cryptocurrency price go up and huge, not like this year which all the cryptocurrency price crashed so hard.
Selling your coins and buying some gain and selling then again is not helping at all. We shoukd just really look into holding and buying more rather than selling. I believe bitcoin will be a strong crypto currency and we will reao all the benefits from it.
Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future
Bitcoin is a long term trusted store of value therefore investors are investing in it as its high potential of giving huge returns in the end if your investment when you end up on high price. Bitcoin is the most precious in the current modern world and we can not ignore it therefore for as a huge profitable source it has been the first choice of investors to invest in it.
Yes…its correct bitcoin is trusted coin for investment, at the moment we are looking some bubbles due to some fud. But it’s a promising coin & king of crypto.
If you have bitcoin or you want to buy bitcoin then you just have to hold long term to make profit in X.
If you keep patient then you will never made any loss from bitcoin, but you will make a reason able profit.
If you have bitcoin or you want to buy bitcoin then you just have to hold long term to make profit in X.
If you keep patient then you will never made any loss from bitcoin, but you will make a reason able profit.
Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future
bitcoin is also a coin that many investors in the world rely on for long-term investment. because the results are indeed very large and very good for future investments If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
Where do you get this figure from?
Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.
I got a feeling that bitcoin will become one. It is not easy to have a full trust to anonymous people. But bitcoin gave us that feeling that it is worthy. From investment to profits. I know it will be a long-term trusted store value.
Well, it depend on you, what you know and belief about bitcoin, if you think bitcoin can be a long term trusted value whom you can store up all your trusted money or value then do so, but it take a risk doing that, those who has the capacity to do that is truly a brave one coz he's not afraid of losing and he's truly a risk taker
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At this cost, each holder of bitcoins will worry about their investments and will constantly monitor the news about the crypto currency. With various negative information, which even now appears periodically, including fictitious, there will be alarmists who will immediately sell their bitcoins. This can provoke panic and bitcoin will fall sharply in value until depreciation. Under such circumstances, it can hardly be said that it will be a reliable repository of value.
i would say that the best supply of investment related to bitcoin would be any other cryptocurrency, For an extended-time period increase in value volatility isn't always a element to judge auto and the continuous growth price has not ended the coming decades so yes it's miles the quality investment for a long-term excessive return,
Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future
As store of value, bitcoin is very secure and hard to hack. With blockchain technology, bitcoin transaction data keep safe in every computer in the world. In digital world, I am believe bitcoin will be secure digital currency and trusted store of value
Long-Term, absolutely yes.
Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future
In my own opinion, yes it will be good for long term trusted coin since it was very popular and there are a lot of people who are keep on investing in it.
Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future
Bitcoin is built to be a long term digital store of value. If you will just keep your bitcoin for a long time since you bought it, expect it to have a good value today and others missed that opportunity too.
True, bitcoin is made for the future, this is what makes everything about the future already in bitcoin, now anonymous features may be hated by the government, but I believe that privacy will become a priority in the future so bitcoin is the future.
Yes, bitcoin is our future and bitcoin will surely give us a good future, we just really need to keep holding and keep believing that it will continue to rise and shine.
Bitcoin is built to be a long term digital store of value. If you will just keep your bitcoin for a long time since you bought it, expect it to have a good value today and others missed that opportunity too.
True, bitcoin is made for the future, this is what makes everything about the future already in bitcoin, now anonymous features may be hated by the government, but I believe that privacy will become a priority in the future so bitcoin is the future.
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