Post
Topic
Board Bitcoin Discussion
Re: The Life Cycle of Bitcoin
by
Fesatmas
on 06/06/2021, 17:58:38 UTC
Is BTC at the introduction stage? I asked because there are still campaigns promoting BTC and BTC is not yet generally accepted by all.

the ongoing recognition stage does not mean the initial stage is continuous, but the expansion stage. because the introduction is sufficient at the beginning and the introduction of the second, third and so on into the expansion wave.

Is BTC in growth stage? I asked because in past few years we have experienced improved sales of BTC.

That's right, because from day to day BTC will continue to grow as greater adoption shows massive and very significant growth.

Is BTC in maturity stage? I asked because after the recent dip in BTC it seems it's sales has reduced and there are altcoins too that are competing with BTC.

at this point, you should be able to distinguish which one is called a fall, and which one is called a correction. because in principle a falling trade indicates that it may not necessarily go up, while a correction is a pattern or cycle that will occasionally increase again.