I noticed that the more the people are buying cryptocurrency is the more the increment cryptocurrency is going up so I believe that we need more investors to come into cryptocurrency so that the price of Bitcoin will rise. I believe that cryptocurrency need more of buyers to bring it up again and also attract more people
not only do we need more buying hands in bitcoin but also the selling hands as well just to balance it up which is the implication of what demand and supply means in market economics, bitcoin work by this and create chances for new investors to adopt bitcoin while the holders sells off their holdings, surely the price will rise here because the market is perfect position on the both end, and making profit will be easily achieve, but more factors that makes this said increase in bitcoin price are more than this but the two mentioned were the major ones.
Another issue remains that past performance does not guarantee future results, and even if any of us might have come to an assessment that bitcoin is amongst the best of investments to hedge or to supplement or to aggressively allocate, we might end up being wrong in the short term, medium term and/or long term.
JayJuanGee don't you think the long term investment could do more of benefit than the short or medium as it pose less risk of missing out provided that all the required procedures in acquiring the bitcoin is strictly adhere to, one of which is to buy at dip and wait over a long time before the sale, we have other proceedings as well to having the future secured investing in bitcoin
We do our best in terms of figuring out our strategy and our allocations into bitcoin based on the information that we have and as new information might come in, and so in that regard, we can attempt to be aggressive in our investment into bitcoin, but not necessarily be so aggressive that we end up getting stressed out if our investment into bitcoin might not be performing as well as we had anticipated it to perform.
Doing anything involves taking risk, no business one could venture into that is risk free, no risk no gain but the risk is worth taking since the confidence is high with investment on bitcoin to succeed than failing.