Post
Topic
Board Bitcoin Discussion
Re: How do you interpret the fluctuation of Bitcoin price ?
by
nullama
on 12/03/2023, 10:45:48 UTC
~snip~
Bitcoin price fluctuations is already part of a highly volatile market as you won’t expect for bitcoin to keep on surging high without even dumping its price at some point. So it’s never a new thing for us. But for beginners, I can see that this will be a threat for them and believe that bitcoin is not a potential investment. However, for smart investors on the other hand, this will bring them another opportunity to invest while the market opens a good entry.

The thing is that if people keep thinking about fiat price of Bitcoin then they will probably miss the whole point of Bitcoin, which is to have an independent economy.

At the end of the day the purchasing power of Bitcoin will increase over the long term, so focusing on short time-scales noise is not really that relevant.