Post
Topic
Board Bitcoin Discussion
Re: Opportunity to buy
by
Luzin
on 04/06/2023, 03:24:59 UTC
You were right, not only were they wrong in expecting the bull season to come this year, but many were wrong in thinking that the bull season would come immediately upon the halving. I think history will repeat itself, I mean, a lot of people held until 2020 and started dumping because the bull season didn't come as they expected, they sold it all right before the bull season came. For those expecting bitcoin to increase in price in Q2 2024 immediately, chances are the same will happen again.


Periodically, of course, many believe that Bitcoin will reach a new high price. Although the current period of the world economy is in a difficult time. Global recession, macroeconomic developments make investors think more observantly to return to investment. I think it's never too late to buy Bitcoin at the moment. Bitcoin is still a commodity asset with the best investment returns for those who can afford to take advantage of price instability. But for the long term, I think Bitcoin will continue to grow, those who are able to hold it in the long run will certainly benefit.