Post
Topic
Board Speculation
Re: Will Bitcoin Always Be in an Uptrend?
by
Lantind
on 21/06/2024, 03:22:05 UTC
Just like any other financial asset, there is no guarantee that bitcoin will always be on an uptrend. Although I am sure that bitcoin will continue to grow and its value will always increase, bitcoin is still an asset that has high market fluctuations. Many factors can affect the price of bitcoin, although it has long-term strength but its stability also needs to be considered. There are times when bitcoin goes up and there are times when bitcoin goes down, so you have to be more careful in using it.
You are right, Bitcoin is the same as other assets in that there will always be price corrections that occur and we have to really understand it well so that when we decide to invest because without understanding it well, when a price correction occurs it will certainly cause panic, but if we If we have understood it well then we will not sell at a loss when the price of Bitcoin decreases, in investing of course we have to be careful in what we do and never invest with borrowed money because no one can guarantee that the price of Bitcoin will always be in a trend go on.