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!
I share the same thoughts with you. People always look at the price without taking into cognisance demand and supply factors. The increase or decrease in price of bitcoin largely depends on the forces of demand and supply at every point in time. One may argue that bitcoin has already reach its maximum supply; but the emphasize here is the time periodsLook 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!