Post
Topic
Board Speculation
Re: Road to 100k?
by
Agbamoni
on 15/06/2024, 17:37:26 UTC

Try to understand my point bro, Bitcoin as an asset has it own risk just as every other investment no doubt, but why I say that we shouldn't be worried about it volatility is that, due to the high potential of Bitcoin, and his historical record of how it has always rally back to a better height even when encountering setbacks, it has proven over and over again that it's not an asset that stays down for far too long, and it has earned the trust of most investors around the world, and as it stands now, it's more likely for Bitcoin to rise to one million dollars than falling to zero.

That's why i believe that the volatility attach to Bitcoin is actually a blessing, because those people that bought Bitcoin at 30k early last year will definitely be in a huge profit now, because due to it volatility, it has risen upward to their favour, so in essence is that, as long as it's Bitcoin, it's volatility is actually a blessing because it's more likely to rise further than going down as most shit coin does.

You are not wrong here. Every nature of Bitcoin is advantageous to its users or investors. Whether you use i for transactions, making fast payment or you're investing in it. And i must say Bitcoin volatility has good benefits since the price do not remain in one place for too long. The volatility nature of Bitcoin has made Bitcoin the best asset to invest in for the long run. It is always breaking its all-time high every decade's ad that is what every investor is looking for, an asset that you can be rest assured that in the next decade your investment return will be 3x or4x your investment. Imagine if Bitcoin was as slow as most of the asset in the stock market, it won't have as many investors as it has today, and the price will not be as good as it is now.