I believe some people will say they buy bitcoin because it is decentralized, and that bitcoin was built with open source codes, that it has no central authority. All these positive feedbacks about Bitcoin are true, but not the reason why these people buy bitcoin, they are just an added advantage. The main reason most people buy bitcoin is because it is deflationary in design, its price do appropriate. That is why people do fomo during if the price of bitcoin is rising already.


I do not think the price matters. There are people that were owning Bitcoin already before it's price get to $10, and there are people having it when it's price is low. At $10000 when some people will think its price is already high, it even still surprise people and rose further. What matters is to hold and forget about it for over a long time.