Post
Topic
Board Bitcoin Discussion
Re: Reasons why I prefer Bitcoin over any other assets and dips don't panic me....
by
livingfree
on 20/12/2021, 22:20:40 UTC
Compared with other altcoins, Bitcoin has more complete technical support and is a safer investment currency. And bitcoin has brought huge benefits to many holders, and in the long run, the increase in people's demand for it will also cause the price of Bitcoin to continue to rise.
The demand will truly going to increase overtime.

It's the first choice of many and anyone who had an experience long with bitcoin, dips won't really be a thing right now. Just let it pass and also buy if you have money for doing it.

At this point you are absolutely right, many people enter BTC more every day, especially with small purchases, many enter with the hope of increasing their capital, of course they enter a market that is like a jungle, because everyone starts with a lot of courage and sometimes they do not resist the way, because the whales have their strategic plans very well established, those who enter with 500USD want to take it quickly to $ 1k and many times the market lowers the price to 250USD and this is something that they cannot resist and they leave, this depends a lot on the financial culture that one has, but the trend every day is to increase the demand for BTC, by pure logic as more demand enters the supply decreases causing BTC to increase in price.
That's right.

And there are the others that don't see it worth anymore on entering bitcoin because they think it's expensive and the growth has to be a lot for them to make money.

That's why they're ending up buying altcoins that with a few move of centavos, they make a bunch.