Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin save us
by
RockBell
on 29/09/2024, 22:31:31 UTC
For me personally bitcoin is an asset to benefit at the moment of bullrun, but if you talk about whether bictoin can be a savior as something that will benefit us when the economy slumps, of course it is not illogical if with prices and fluctuations according to market demand, people will not run there, they need to save their money if the economy slumps globally, and when the decline is in its phase is the right time to buy bitcoin, because then we will return why the original trend.
Bitcoin will save us if we buy at the bottom price, when everyone is scared to keep their money in bitcoin.

It's an asset but it is not only during the bull run that you will make profit because it is not  yet the bull run and people are still making profits the understanding and how you operate in that understanding is what will guarantee your profit making, and even with this economy slum people are making a way out of bitcoin, it depends if you really want to make a way. The fluctuations is not something that is what is suppose to be discouraging people from investing that is if you really want to invest. And market demand clearly affects the markets the price will definitely increase.

People are always use have the same tradition of Saving money instead of them to invest the money, and now that they have the likes of bitcoin they should give it a try. Buying at the low price, is the best you can accumulate and sell when it is actually time to time to sell.