Bitcoin is one of the best investment right now in the world and some people are already going into it however there is still larger number of people who has not started Bitcoin investment and that is why Bitcoin still has a long way to go, the more popular and the more people invest in Bitcoin the more valuable it will become.
Bitcoin price increases when demand exceeds supply and decreases when demand falls this means we can play a part in making Bitcoin more valuable and that part is by preaching about Bitcoin to other people in other for them to invest.
You said some very common talks about Bitcoin. All of this are already discussed more and more times. Bitcoin is not still now too much popular as an investment because it is too much volatile. And I know many countries still not permitted is as a legal currency.
- I will say about some barriers why Bitcoin is not a perfect investment in current situation. The first one is it is not legalised in many countries and it is very very volatile that's why our investment is moving up and down. But for future Bitcoin is absolutely big opportunity to invest in.
- another reason you said that Bitcoin pumps because of its demands but sometimes it's not true. Bitcoin certainly pumps because of crypto whales and FOMO buying . Sometime Wales by a lot of Bitcoin to pump it and they make a trap and pump the price of Bitcoin after that they suddenly dump it again by selling their holdings. And many times FOMO buying of Bitcoin push a lot to pump it and people rush to buy more. That's why an unexpected pump occurs.
So we should think smartly about our investment. We can buy Bitcoin for long term holdings in bear market not in a bull market. And still now I think short term holdings is good for small investors.