Why are its prices rising and falling? Is now the right time to invest?

[Regbon134]

I have been wanting to invest in Bitcoin for a long time but I always have a fear about investing.

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

Will it be profitable to invest in Bitcoin now?

[Charles-Tim]

If you want to invest in bitcoin for 2, 3, 4 or more years, it will be profitable.

You noticed the price is increasing and falling within $60000 and $64000? That is normal after high volatility, but it will not continue always.

Or you mean the reason the price of bitcoin is increasing and decreasing normally? As more bitcoin is bought than sold by people, the price will increase, but as more bitcoin is sold than bought, the price will fall.

[Ucy]

Price react positively (+) or negatively (—) to multiple factors like —> "amount of bitcoins bought greater than amount sold"+,  "amount of bitcoins sold greater than amount bought"-,  other factors includes things that make Bitcoin more valuable  such as Deflation+, Decentralization+, Transparency+, Privacy+, Censorship resistance+, etc.

 The demand and supply factors depend entirely on the things that make bitcoin more valuable. This means buying lots of bitcoins will only cause the price to rise if the bitcoins will be used according to the factors that make it valuable.
This is how price have been "programmed" to react. It even react to more advanced factors that are extraordinary in nature. The is usually the last resort when things become complicated or impossible.


As for when to buy, we are waiting for the right time when wrong demands or factors stop being active. They are extremely deceptive factors

[rat03gopoh]

A few weeks ago, you confidently said Bitcoin was a super solution. I thought you were already on your way

...then it gives us long-term security. Not only security, it increases the value of our assets. And at the same time, it gives us financial freedom because it is decentralized.

So, what's the reason for your doubts today? You just need to prove it yourself, then say the same thing to everyone later.

[Frankolala]

This is one of the cheapest price you might see in this circle and you have to try and build your confidence in bitcoin as a long term asset that preserve your money from inflation because it's a store of value overtime. If you have the money to buy now, it's better you buy right away but don't buy with the money that you cannot afford to lose. Take note that, bitcoin isn't a get rich quick scheme, you have to buy and hodli for long term.

[Regbon134]

A few weeks ago, you confidently said Bitcoin was a super solution. I thought you were already on your way
So, what's the reason for your doubts today? You just need to prove it yourself, then say the same thing to everyone later.

This is currently making me question the doubts that reside within our common human nature. Moreover, I previously posted about what I understood from my brief knowledge about Bitcoin. Actually I saw the lifetime chart of bitcoin and here I found that bitcoin is always in uptrend.

This time the concept is different from mine. My question is about the rise and fall of Bitcoin prices.

And besides, where would be a good place to invest in the current market? Many people are saying that the price of Bitcoin will fall below 50k, while others are saying that it will not fall. Now, if you want, you can explain it to me.

[Bobrox]

Talking about bitcoin price rising and falling is normally how many time bitcoin hit ATH price and next moment get falling down significant have been happened in last several moment not only first time, if you update bitcoin price during halving moment you can get many time bitcoin rising and falling in short moment and significant movement from higher price to lower price.

Surely have bigger chance earn much profitable if you investing in bitcoin right now because have dip at lower price and last three days ago touched until $60k, you can hold few moment later possibility bitcoin get increasing more than 10% until 20% with possibility return back above $70k to $80k, I think take profit from bitcoin investment with short term target only during price of bitcoin nowadays not really stable yet.