Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
MainIbem
on 09/10/2024, 09:55:13 UTC
It is true that we can't know what the price of bitcoin will be in time coming but even though we are making speculations based on it's current price movements and it's price activity in the past, accurate and this speculations are also what gives investors hopes and confidence about their investment.
The price of bitcoin is unpredictable and that's why nobody can stand firmly to say that he or she knows what price of bitcoin will be in next month,
Anyone suggestions or speculations towards the price of bitcoin in next Month or two months that the price of bitcoin will be in a particular price, do not believe to the person seriously, because I know quite well that price of bitcoin is unpredictable and you don't need predict what you don't know about, because many users is found of that, predicting base on assumptions, to be sincere bitcoin price increases because of the level of demand, its obvious that demand or new investors like big companies that come in, in bitcoin, they're one that makes bitcoin investment to Skyrocket, its not based on month


Bitcoin has shown great potential over the years thereby making it a very speculative asset for different investors to give their two cents on what they feel the price of Bitcoin could turn out in the near future, well the expectations of many is that the price would skyrocket to a new all time high but a certain figure is not easily predicted to at a certain point in time. On the media, many bad actors and paid influencers have used wrong predictions of the price of Bitcoin to deceive naive people into investing on the wrong assets (shitcoins) telling them that most of those assets follow the trends of Bitcoin and has the potential to go higher and give them profits, that's why people shouldn't just invest on digital assets based on what they hear on the media. Bitcoin is and still remains the best digital asset for investment but then an investor going into it should be able to know the basic concepts of Bitcoin investment so as not to be mislead concerning it. The speculations about Bitcoin price shouldn't be an issue to investors but accumulating more Bitcoins and managing their portfolio is what matters most, not mere speculations from the media.