Post
Topic
Board Speculation
Re: How come BTC is still so cheap?
by
btc78
on 06/07/2021, 11:05:03 UTC
This is the only thing I don't understand right now. It is extremely cheap. The potential is huge, El Salvador goes all in BTC and people still don't have the eyes to see it. More countries will soon join in, people will regret it later for not buying but it's their choice. It's still so cheap and this is not normal!
But until that adoption comes mate? people will still choose to wait till it happens and besides El Salvador is almost same as venezuela , that adopting crypto because their country is really at the bottom now and need some booster and they focus in crypto instead of other opportunity.
So $35k is cheap for you OP? I think its a serious amount of money only rich people can buy in this current price if your just a normal investor with no huge capital $30k is already huge enough to gamble in BTC which the volatility is too high, if you have only $40k in your pocket, will you gamble the $35k and buy btc? Many people are hesitant to throw money into btc because of its tight regulations in every country but if this thing will be 100% legal worldwide btc will skyrocket up to $1m. 
Why Not read the OP first before posting such? it is an obvious that Only the Title take your curiosity and not reading the whole topic.