Post
Topic
Board Bitcoin Discussion
Re: The Psychology of Investing in Bitcoin
by
Antotena
on 03/02/2024, 17:53:13 UTC
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 don't have the real stats to defend my claim but I can say that more than 50% of people who hold bitcoin are in for the profit, even the traders doesn't care about the tech but the money they can make from the speculations around bitcoin. The only time they care about tech or development is when the development is a positive one that will increase the price of Bitcoin so the can make money and after that, they wait for another speculations or move to altcoins.

I personally love bitcoin tech bit if there is anything I want to be upgraded than ever is the transaction speed. I don't have the power but if we have that 5x, it will be for the better of all investors, traders and adoption. It will even attract more people that loves to use altcoins because of the high transaction fees but the question is will they do it, some people will claim that Bitcoin supply will be affected but I still believe there is a way around everything.