Post
Topic
Board Bitcoin Discussion
Re: It's Bitcoin trust worthy
by
beerlover
on 29/06/2023, 17:46:29 UTC
It's Bitcoin trust worthy for investment? Cus have tried many platform but all failed and this my last hope... I was introduced into it.
Nowadays there are no trustworthy assets to invest into, since even fiats are at a high risk of inflation.  As for trustworthiness of cryptocurrencies in comparison with the other assets... I suppose it's quite suitable for long-term hodling, and, in case of fiats inflation there is a chance to save money via crypto. However, there is just a chance, not guarantee, since in case of fiats inflation, cryptocurrencies can become cheap too.
That is why I invest into bitcoin because it is the only asset I trust 100% completely. I know that it may crash time to time like it did in 2018 and in 2022 as well, but I know that it will always recover because we all love it so much. There isn't really all that much chance that we could see it do badly because we trust it all together.

I know people are not quite happy with the current price and wants to see it go to over ATH once again and the bear run we had upset a lot, but that didn't change the fact that we are double what the bottom was, which shows that even after dropping 80%, we didn't really felt like it was a done deal and we still ended up buying and had a 100% increase eventually to make us better, with another 100% and we will be close to ATH all over again.