My opinion about investing in BTC Friends, hello everyone. Today I propose you to break down the topic of long-term investments (8-10 years) and go through the most popular categories. Let's go.
This is a big post, but I suggest you read it to the end.
I will start with BTC:
No matter how much of a cryptocurrency fan I am, I always look at two sides of an asset: the good and the bad. By the way, a large number of crypto-influencers, analysts and publications engaged in enticing the audience into crypto (when big players need liquidity to sell assets) are actively promoting the idea of
"BTC - digital gold". But I don't see it that way. And here's why.
In fact, as of today,
the total amount of BTC issued is not evenly distributed. Plus, there is little liquidity in the market. Hence, there is a huge number of manipulators, which, in addition to being able to "hit the price glass" and in a moment give a candle
-10%.
For example, let's imagine a situation. There is a big businessman who keeps 100,000 BTC on his wallets. Suddenly, he is attacked and all his BTC is stolen. B here the question is this: what will the robbers do with their reward? -
sell everything at once.
But perhaps the government decides to solve this case and take these BTC for themselves. And what will they do? That's right -
sell off tens of thousands of seized BTC. Also, there may be a situation when "sleeping" wallets with a huge amount of coins suddenly wake up. This will also lead to a huge sale of the asset on the market.
And here is the question - how can such a risky asset be compared to gold? And talk about safe investments? The answer is nothing.
Conclusion: at the moment, I do not consider BTC as the best means for long-term investments. At least because its growth potential is severely limited. It will have a hard time making X3, X5, X10, etc.
What is the best thing to invest in in your opinion?
- Bitcoin
- Gold
- Dollar
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