It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.
Bitcoin's price performance is not guaranteed in the long run to go up - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.
I agree with you and It is not known exactly whether there is any reason behind the increase in the price of Bitcoin, but we can imagine that the price of Bitcoin will increase constantly. While the price of science is likely to rise further from its current position, various studies suggest that Bitcoin will go higher than its current position. We can say for sure that Bitcoin will change in the future and we will see it. As the price of Bitcoin is increasing and its popularity is increasing day by day, we can definitely say that in the future people will buy more Bitcoins and the demand for Bitcoins will increase. The price of Bitcoin will increase mainly because there is no new supply to the market, but because Bitcoin is limited, the number of Bitcoin investors will increase and the demand for Bitcoin will continue to increase.
My opinion.
You are saying that you agree, but then at the same time you say a lot of things that contradict what I said and the way that I said it.
I understand that people like to think and speak in terms of absolutes, but it still remains problematic to think and talk in terms of absolutes when we are talking about anything that might happen in the future.
Yes, we can see trends and we can see likelihoods, and in the past we can see that bitcoin has been built on solid foundations while at the same time continuing to grow in its various network effects (
as referred to by Trace Mayer).
Historical growth, likely ongoing growth and strong foundations do not guarantee future growth, yet at the same time anyone who creates a budget in which they are allocating a portion of their discretionary income to buying bitcoin, may well want to also consider that bitcoin is an asymmetric bet to the upside, so sure there is a possibility that 100% of the value invested into bitcoin could be lost, but at the same time, there are a wide number of upside scenarios that involve multiples and even magnitudes in returns to the upside, including gold parity or even 1,000x higher than gold parity when bitcoin is currently right around 1/10th gold's market cap.. which means that bitcoin has a decently good potential of going up another 10,000x from here, even though it could take 50-200 years or more to reach such prices, and at the same time none of that is guaranteed..
So the upside and even the downside scenarios could all be simultaneously held in a BTC investor/accumulator/holder's head at the same time in terms of figuring out how to accumulate BTC and/or how to maintain his/her BTC stash once reaching a maintenance level that he might have had determined to be appropriate for his financial and psychological situation..