I was curios that bitcoin had been the favorite discussions inside and outside the forum like news popping out in regard to sudden burst of market to bitcoin. I do not know the reason behind the good market o bitcoin but as I learn about it that when demand is higher for bitcoin the market price for each bitcoin will also be directly proportional to its market price.
Yes its true that the bitcoin price depends on the demand and as of now bitcoin demands is taking its step due to pandemic that causes the decrease demand of fiat money.
I just wonder if you want to earn in bitcoin investment then a smart investor would invest in while bitcoin is cheaper and not the current price.
If you just compare the current price of bitcoin from the price of it when its in its peak value I would say its much less expensive and as the flow of the market due to pandemic bitcoin price will once again raise its value and investor will take the opportunity to invest before it happens.
Is there any reason we can think of why people love to invest in bitcoin while market price is high?
Well investing on a bitcoin when its high makes the investing more profitable.