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Author Topic: what If Bitcoin Price never comes up  (Read 662 times)
LogitechMouse
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March 20, 2023, 08:02:02 AM
 #121

please explain me why bitcoin will make another all time high
or explain some circumstances in that bitcoin's price  will go more low and never or after long times later comes up
Supply and demand, 4-year cycle, sentiments.

These are the things that I know makes the price of Bitcoin go up. Why Bitcoin will make another all-time high? Because many believe that it will, and it happened many times already. Bitcoin goes up then it goes down again then the year after that, Bitcoin will move kind of sideways, but it's another opportunity for those who didn't bought at the bear market, and then after that, the bull run happens. However, this isn't the case all the time, and maybe we might see a different kind of cycle in the future.

What if Bitcoin's price never comes up? Bitcoin's price will not go up "if" there isn't many people who are using it or in short, there is low volume. As long as there are people around the whole buying and selling it, it will go up, but at the same time, it will go down.

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March 20, 2023, 08:18:16 AM
 #122

investing in bitcoin is very risky, and you need to remember that business has risks.
and you need to remember what makes people interested in investing in bitcoin because everyone sees the price of bitcoin fluctuating.
All forms of investment and business have a level of risk, not just fluctuations that attract people to invest in bitcoin because if that's the case, many other forms of investment will also interest people. Bitcoin can maintain investment value and now there is a lot of evidence that is provided by bitcoin and also there are other factors that make bitcoin more powerful to invest.

so before investing bitcoin must know the knowledge first.
and must be prepared with the risk of loss.
For people who are not ready to take risks, investment and business are not the right place for them. Knowledge about investing is the basic foundation before you try to start and without knowledge you will gamble because it relies on luck.

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March 22, 2023, 02:37:54 AM
 #123

If bitcoin doesn't go up for more than 4 years of course a lot of people are frustrated and will sell, like we know that the longest price trend because the price hasn't gone up is 2 years, but on a daily basis the price fluctuates very much even up or down 10% or more is a thing as usual, it's only natural that currently bitcoin is suitable for daily trading because it has good and profitable prospects.
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