Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has no power for a buy.
by
Assface16678
on 09/06/2024, 11:19:25 UTC
Nowadays I consider BTC as a pure speculating coin. Because the volatility turns this cripto not suited for being used on daily needs. I think, as investors, we don't have to defend things that our emotions want, but take best decisions on every scenario. All in all, Keep buying it.
Well, I think you only look at bitcoin in the short term, or you want to treat bitcoin in the in the short term. It doesn't mean that bitcoin is too volatile and too expensive that it cannot be used on a daily basis, because bitcoin can be used for transactions, usually big transactions, and it may not be suitable for daily use right now because there's still not a good system for that to be implemented; maybe in the future it will, but for now, bitcoin is being used for some transactions; it doesn't need to be in a way that it will be used for daily living because that's not bitcoin's purpose; it is for recollection and other things; maybe widen your view of bitcoin and not just what you are seeing. For me bitcoin is issential because it is where I earn most of my extra income and it gave me a lot of oppotunity and make me business oriented.