Bitcoin Investors Confidence in Bitcoin💪
I've watched several discussions about several things regarding Bitcoin speculation that were discussed by investors, in these discussions, talks about the halving and the current confidence in Bitcoin by some prominent investors, especially what could happen to Bitcoin in 2024.
From several summaries that I have received from investors, they believe in Bitcoin forever, but the current problem comes from the price aspect, because the price of Bitcoin has not gone down, only occupying positions of $22k, $25k and $34k, investors hoping Bitcoin is in the position of $5-$10k is probably better to consider.
The current Bitcoin speculation is not increasing, this is due to the fact that investors are reluctant to buy, because the capital required is too high, with capital of $30k you can only get a portion of Bitcoin, hope is slim but if in a position of $10k investors can get 3 Btc, currently the problem lies not in lack of confidence in Bitcoin, rather in the belief that the price is not appropriate.
A really never ending kind of discussion on which it would really be just that so normal that people would really be asking out or make their own speculations and guesses on what would be the price of Bitcoin on the upcoming bull run or even just simply asking on what would be the price of it when it comes on a few months or even talking on days. When we do speak about confidence then the dominance overall would speak for itself.
You cant really make yourself that able to avoid on making those guesses and trying out to find on whats the next move. Its value would really be the solid evidence on where people do really put up their confidence on.
Yes, we can see on other altcoins as well but we cant really be able to ignore on how big the community is, for those who are really that holding Bitcoin for long term.
Confidence is there, if there's not then it had been long time that it had been replaced on the top spot. This is why it would really be that best that if you are holding for long term
then dont mind about the price because most likely it would really be shooting up into the moon but of course risks is always there.