Post
Topic
Board Trading Discussion
Re: does it really make sense trading on Bitcoin?
by
Cherylstar86
on 02/12/2020, 23:14:44 UTC
<snip>
What makes you unbelievable and unreasonable, the real evidence around us is plentiful. As long as there is consensus and confidence in the value of digital currencies, this trade will continue. Maybe you need to dig deeper into the initial process of bitcoin so that it can be trusted and traded. Regarding scarcity and price, this is the same as many people believe, when the demand for Bitcoin is increasing but this is not accompanied by an increase in stock because the supply of bitcoin has been determined by its creator and cannot be increased.

That's the reality of bitcoin in the first place and we can't scrutinize it's capabilities, and I think OP's statement was due to his frustrations. Most probably he's been trading bitcoin without proper knowledge about, buying while price was too high can affect every desire once the price won't pump. Patience is very important to develop good skills towards trading, and on my own opinion everything make sense about bitcoin.