Quote from: davis196 on November 07, 2022, 07:00:26 AM

I didn't get a good enough explanation about why do you believe in Bitcoin. So you believe in Bitcoin only because the BTC price didn't drop against the US dollar? Many assets are performing good against the US dollar. Gold also didn't drop against USD, does that mean you believe in Gold? Grin

I understand that you are a newbie and you are taking your first steps in the crypto world. Everyone in this forum was a crypto newbie in the past. Just don't get too romantic about Bitcoin. BTC is a financial asset just like any other financial asset and getting emotionally attached might lead to making financial mistakes.

Yes, I think Bitcoin is currently a financial product. It can be part of your beliefs, but not all. You cant put all your energy and assets on BTC. The price of BTC is still very unstable now. You need to consider your own investment attributes, whether you want to hold for a long time, or run away after making a short-term profit, you should treat it rationally.