I am surprised by people who pay attention only to the price, think about the supply and demand, are now trying to sell their bitcoins. You need to understand that this is a new technology that changes the world, this makes the world more honest and fair. Do you really like the current banking system, when some simply print money, while others work tirelessly on food and clothing?
Look at the specific coin from its utility to society, the uniqueness of its technologies, what problem it will solve. And supply and demand are short-term phenomena that can be very deceptive in a certain period of time and do not reflect the real value of a particular currency. Think about the improvement of the world in the future and what bitcoin and its technology can do for it, and not about how to buy cheaper and sell more. This as a result will make you financially independent.
I wait for criticism on my thoughts!
Look at the specific coin from its utility to society, the uniqueness of its technologies, what problem it will solve. And supply and demand are short-term phenomena that can be very deceptive in a certain period of time and do not reflect the real value of a particular currency. Think about the improvement of the world in the future and what bitcoin and its technology can do for it, and not about how to buy cheaper and sell more. This as a result will make you financially independent.
I wait for criticism on my thoughts!
This has been discussed countless other times; most people nowadays are in it for the money and aren't given a much needed attention in terms of development of the tech more so the usability of the said coin. The ones on board who came because of the boom bitcoin was having think that price = more adoption = improvement, which is plainly wrong. We don't know what is the 'actual' value of bitcoin, however we all know that the insane run towards $19k is simply overvalued because there's not much utility you can rely on bitcoins, only its capability of holding value in a period of time. The development has since became stagnant, and the coin has dwindled down to become the go-to of the speculators and the hopefuls, while the geeky innovators who pushed the project into where it is right now are the ones living in the dark.