Well Hello from the other side ~
Ever felt that rush when Bitcoin hits a new high? Or the sinking feeling when it takes a nosedive? Let's talk about the rollercoaster ride that is Bitcoin investing.Are we in it for the tech, the profits, or just the thrill? Whether you're a HODLer for life or a day-trading.Let's dissect the highs, the lows, and everything in between. After all, the Bitcoin market isn't just about charts and numbers.
What are your thoughts on this ~ Let's discuss
I do think that majority of the people who invest in BTC are driven by profit (me included).
By basing it on the price history of BTC when it first started, you would see that its price before was even below $1. When I even started joining this forum last 2017, the price of BTC was around $4,000 and currently its price sits comfortably at around $43,000~. When it comes to investing in BTC, the sky is definitely the limit. There are dozens of discussions predicting that in the next 10-20 years, the price of BTC would skyrocket as it will break new ATH prices each fork.
Bearing this in mind, I can confidently say that my purpose is primarily for profit and for investment. While this may be my perspective, I am also not discounting the possibilities of the practical usage of BTC in our economics and financials as the blockchain technology is an excellent example on how transactions are foolproof.