Quote from: RockBell on September 29, 2024, 10:31:31 PM

Quote from: khiholangkang on September 29, 2024, 09:28:10 PM

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.

In view of bitcoin I think you are right, but if you look at the factor that people who have bitcoin will be afraid when there is an economic crisis or other things that threaten the global economy, people's habits will be more afraid of losing the value of their money, the views you give will be in line if bitcoin has been accepted as a means of payment in more than 50% of the world's countries or assets that are believed to be a hedge like gold, the occurrence of a crisis with the current adopted population I think it will be difficult to survive if high fluctuations occur, maybe you will say that why not hold it and continue to hold it in the long run because we can come back, but some people are not that strong, so choosing an alternative path that can be taken and can be accounted for is better.