Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Are investors investing in Bitcoin at ATH now are fools ?
by
arjunmujay
on 03/04/2024, 21:25:12 UTC
⭐ Merited by JayJuanGee (1)
Yes ATH is not permanent it is only a high price till present time so in future bitcoin price may be many times more than that so real holders never think about ATH. The supply of Bitcoin is limited but the demand is unlimited because so far not everyone has started using Bitcoin worldwide yet the price of Bitcoin is high and when Bitcoin starts to be used by most people worldwide then the price of Bitcoin will be higher. So holding only for long term is always a good decision
if we look at the total supply of bitcoin which is only 21,000,000 compared to the world population in 2024 of 8,118,835,999 people[1]. So if it was owned by everyone in the world, each person could only own 0.00258XXX bitcoin.

that's why bitcoin is very promising for the future, because now it is still very easy to get small amounts of bitcoin. some even have more than 174,530[2] very easily. forget about the current ATH, because new ATHs will continue to form in the future.

So before Bitcoin is owned by people all over the world, just keep accumulating Bitcoin ownership, at least 1BTC so you can be better than the rest of the population in the future.


[1] World Population History
[2] The World’s Largest Corporate Holders of Bitcoin