Hello this is my first post
Bitcoin as a long-term investment
According to a recent analysis by Chainanalysis, the Hodlers are really plentiful and appear to hold the vast majority of coins in circulation. Up to 60% of coins (BTC 11.4 million) are held as a long-term investment. 3.7 million Bitcoins have been irretrievably lost over the years (including satoshi coins) and only 3.5 million BTCs are actively traded on stock exchanges. The remaining 2.4 million coins have not yet been mined. chananalysis It should be added that only those 3.5 million BTC are involved in pricing.
Coins that have been in wallets for a long time are practically out of circulation. The value of one Bitcoin in dollars is determined by people (traders) who prefer more frequent trading. The market for Bitcoin derivatives, which have a share in pricing, has also expanded in recent years. We expect this market to outperform spot exchanges in the future. It is also interesting to note that, according to Chainanalysis, Bitcoin resembles the gold market in this respect. Most gold is also hidden in safes, and only a small percentage is actually traded.