Can the time-value of money affect the long-term profitability of holding cryptocurrencies?

1 answers

• Danial ZaheerAug 29, 2021 · 4 years ago
  At BYDFi, we understand the importance of considering the time-value of money when it comes to holding cryptocurrencies for the long term. Cryptocurrencies are known for their price volatility, and the longer you hold onto them, the more you expose yourself to potential gains or losses. If the value of a cryptocurrency decreases over time, holding onto it for the long term might not be the most profitable decision. However, if the value of a cryptocurrency increases, holding it for a longer time can result in substantial profits. Therefore, it's crucial to regularly evaluate the time-value of money and make informed decisions about holding cryptocurrencies for the long term.
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