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Author Topic: The journey of Bitcoin.  (Read 752 times)
Inwestour
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May 07, 2023, 10:07:09 AM
 #81

If you think about it from a financial instrument perspective it is relatively new AND undervalued.  The more people look into crypto the higher the market will go.  Weirdly enough if you have bitcoin or have just recently gotten into bitcoin you are still in on the ground floor.  Once bitcoin goes into the 6 digits usd its not coming back.  All the people I know who have crypto are still trying to grow their stack.  Add that with the untapped market who have yet to dive in and you have yourself one hell of a bull run.
I see different moods, there are even those who are selling everything now, because they sure that the price of bitcoin will still fall very much. But this is too high a risk, since you can be left without bitcoin, or buy it later but at a higher price than you sold it now. I am also hopeful that bitcoin price will break 100k in this bull run, so I am still buying. But it is also not clear how soon we will go to the new ATH, the bear market may be this time more protracted than it was before.

R


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May 09, 2023, 03:20:54 AM
 #82

It is true that Bitcoin has gained a lot of attention and investment for more than a decade now and it is likely more people will continue to invest in it in the future. Bitcoin has a very big potential in the market in the future. If we invest at lower cost it is possible for us to gain more in the future when we hold it for a long period of time. It is important to remember that investing in Bitcoin carries a lot of risks, always study and do your own research before investing in any kind of investment.

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May 09, 2023, 03:46:52 AM
 #83

the problem is that those who initially entered investing here were also not a few disappointed, they turned away and thought bitcoin investment was a money game, I have often encountered things like this with those who thought that the way to develop wealth quickly was by investing in bitcoin, but after they make an investment and then lose their asset only to be disappointed by the loss. I agree with you.
And I think many more people are still trying to invest on Bitcoin, I have friends which I introduced to Bitcoin and they have invested already.

So guys for you to be a good investor you have to introduce Bitcoin to other who are not on this forum, enlighten them couch them how it works too.

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