Quote from: kawetsriyanto on Today at 03:14:32 PM

Quote from: SamReomo on September 26, 2024, 06:31:41 PM

Well, in current date and time Bitcoin is considered a very volatile asset but in future when its marketcap grows to very high values then at those times it won't be so much volatile and at that time it would be one of the best or the only best asset with deflationary nature. Even at current date and time it's still a much better hedge against inflation because of its limited supply and high demand and similar due to the ones who are Hodling it for long term.

I admit Bitcoin is volatile because the price always fluctuates. However, this is the advantage of Bitcoin, it offers people with the chance of high increase. I believe Bitcoin volatility is one of the reasons why people join Bitcoin investment. If there is no high volatility in Bitcoin, people may be not interested in Bitcoin.

Mate, I don't really understand that you said the price won't be very volatile when the market cap grows high. Does the high market cap really decrease the volatility of Bitcoin? Huh

Anyway, with the limited supply, Bitcoin price can keep growing. We can check the price history, it always increases from one cycle to another cycle. According to 4 years cycle, Bitcoin is always capable to reach a new ATH. The price gap between the past ATH and the newest one is quite a lot. There is no doubt that Bitcoin deserves for a long-term holding.

Honestly, it would really be just that depending on you on which we do know that when it comes into this aspect everything will really be just that according or would really be that depending into a certain individual
on neither they would really be buying up Bitcoin or not. We do know that its not necessary that they will really be that purchasing up a whole coin but rather they could really be able to do so in purchasing a fraction with those Bitcoin on which its not necessary on buying up a whole coin. Some people would really be thinking that they cant be able to afford it just because they are really that seeing or watching it as a whole coin value on which trying out to buy a whole coin on which its not something that anyone could be able to afford on. This is why we would really be buying on small parts and trying out to accumulate as much as possible.

The key on here is that you should really that invest on the amount that you can afford to lose so that whenever the price neither be having some dumps then you wont really be that easily panicking out.
People do really panic out because if they really having that lacks of understanding on how this market works. You will really be having that kind of impulsive approach on the time or moment that the
price will really be making up such behavior. Self realizations and awareness on how this market works will really be that definitely be the main key for you not to be able to get easily panic.