Post
Topic
Board Bitcoin Discussion
Re: What if BTC never reaches all time high?
by
senin
on 03/04/2020, 04:42:33 UTC
What if BTC never reaches all time high?

If it won't get again to 20k, no biggie, Bitcoin is still great as it is, with or without the price speculation.
But I believe it will. Its scarcity ensures that. Patience...

The nature of bitcoin and the whole decentralized cryptocurrency is such that their price can never be even more or less relatively stable for a long time. Therefore, the price of Bitcoin will rise and fall more than once. The high price, on the one hand, is good for those who bought bitcoin earlier at a low price. However, it must be remembered that the higher its price, the greater the likelihood of a high price volatility of the cryptocurrency increasing, that is, the higher the risk of its fall.
We need to learn how to profit financially using high price volatility regardless of its price level.