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    Author Topic: Invest in Bitcoin, for long time Holding  (Read 1374 times)
    cryptoWODL
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    February 22, 2024, 01:04:41 PM
     #81

    Yes definitely, if we see the history, then Bitcoins have always given huge amount of returns in long term. Suppose if someone have bought some Bitcoins at around 2017 when price was around 600$, now he could have made 100x the money he invested. But sadly at that time, no one showed trust on the coin. Similarly if we try to invest now, then who knows after few years, the history will be repeated again? Hence, it’s always beneficial to invest in Bitcoins for long term.
    Looking at the history of Bitcoin, many may think that the best time to invest in Bitcoin was when Bitcoin was created. Back then no one was interested in investing in Bitcoin as today everyone is interested in investing in BitcoinThere is still time to invest in bitcoin but we have to invest in that bitcoin for a long period of time may be four to five years or eight to 10 years. Bitcoin was worth around $600 in 2017 seven years later today the price of that Bitcoin has rocketed to $50,000. Similarly since the price of Bitcoin is now above $50,000 dollars if we invest from now and hold for 8 years or 10 years the price of Bitcoin can be $200k dollars.
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