BTC is gradually gaining its grounds in the financial institute.
Which "financial institute" you talk about? It is wrong to consider any one so I believe you are referring to big banks in general. In that case, you are wrong. It has only hustled into the game till now.
Most people prefer using bitcoin as a medium of exchange.
Wrong. Fiat is way more in usage than bitcoin. What is the source of support for your statements? I have the counter argument statements though which were posted in this forum too.
Before the advent of bitcoin local and foreign currencies were the only means of financial transactions. Currently BTC has gone beyond bothers and has also made transactions safer and faster without much stress of converting from one currency to another.
Bitcoin is not just safe transactions. It is about the resistance to censorship and its decentralized concept that make it advantageous for common people to use without having to go through a middleman. Even then fiat is the bigger whale in the game. Bitcoin's usage is still in the single digit percentage.
From my own opinion its a better way of accumulating wealth and secure a perfect future of cashless policy
That type of thinking will only lead to frustration because comparing the time for which you live, probably bitcoin will not boom within it but take much longer. Hence it is better you buy and sell, keep the cycle going instead of stubbornly holding.