JAKARTA - Investment in Bitcoin has attracted more and more interest from many people, especially after the price jumped more than IDR 1.5 billion, increasingly making many people afraid to be left behind, aka FOMO. Coupled with the increasing plan to adopt crypto assets globally.
There is interesting advice from Fred Thiel, CEO of mining company Bitcoin MARA Holdings. Thiel suggests a simple but effective investment strategy for retail investors: 'invest and forget'
This strategy is considered capable of providing optimal results in the long term, given Bitcoin's performance which has tended to increase significantly over the last few years. With an average increase of between 29% to 50% per year, Bitcoin is one of the potential digital assets to secure investment value in the future.
In an interview with FOX Business on January 2, Thiel revealed that the price of Bitcoin has only decreased in three of the last 14 years. This is the main reason why he recommends this strategy, even to his own family.
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My recommendation, including to my children, is to set aside a little money every month for Bitcoin and forget about it, said Thiel. In two, three, or four years, the investment value will grow. That's what many people do.
On the other hand, despite bright prospects, Bitcoin is still considered a high-risk asset with extreme volatility. However, Thiel is optimistic that various factors could push the price of Bitcoin up by 2025.
Some of them are Bitcoin reserves potential by the United States government, increased institutional adoption through Bitcoin spot exchange-traded funds (ETF), as well as more friendly regulations.
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