Do you always missed the right time to sell or buy bitcoin?
From traders perspective, yes I have missed a lot of opportunity to sell or buy in time but as a general user of bitcoin,I believe it is always a right time to buy bitcoin as long as you can afford.Bitcoin is still cheaper from what it ia going to be in future
It is good to buy bitcoin anytime because we are sure that the price will rise in the future. It is really hard to predict the low or high price of bitcoin because bitcoin is volatile. I think most of us are always missed it.
Due to it's volatile we cannot able to guess when it will increase price, many times i missed the right time to sell the bitcoin. Some time it is really hard to predict when the prices increases and price decreases.
There is no big connection with it's volatility on the price increase or decrease. It will increase if there is a positive news that would make the value of bitcoins to appreciate and that makes the people keep buying because they know others will do the same. If there will always be good development with bitcoin, the value will also continue to increase.
And from my own point of view, bitcoin is a strong asset as it has able to survive with the previous crisis and that is my basis why I am holding regardless of the current price.
Well from a point a view that is true, people will still use and come for bitcoin if there is a positive thought about it and the high price is what attracts most of them to be honest, but also the bitcoin community is what makes the price high or low, since the bitcoin is decentralized the only thing that can control its price is the people spending it or not, if they dont than the price will go down and that what affects its popularity at least that is my opinion.