Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin gradually turning away from its purpose?
by
Crypto Library
on 26/10/2024, 18:44:11 UTC
Those who understand the power in Bitcoin will agree with me that Bitcoin serve exactly the same purpose that gold, silver,  diamond and all the precious items you can think of, and still serve more purpose than they do with a liquid market that is akin to none. The only difference is that the others are physical treasure while Bitcoin is a digital treasure. Bitcoin is a dependable store of value and a medium of exchange, you can store your wealth in Bitcoin by simply making it your choice of investment portfolio just like you would with gold and the safety in Bitcoin is far better than that in physical gold. There are countless ways in which Bitcoin stand out.
That's what I want to says about the usages of bitcoin in the current future but there is only and the biggest different on between in bitcoin and the others physical assets is as a cryptocurrency bitcoin has the high volatility market and this is the problem and good side of bitcoin also. Because the professional trader are getting beneficial by doing trading on it and one more interesting think is even it has the high volatile market but it always goes up and stay over in range by the cycle of bitcoin halving. Like previous bull season the highest dump was in around 15k and before this dump or bear season the past one is around 4k and the next one we will see in the 2026 or 2027.

Anyway, I want to also say that bitcoin is the best asset and we are having the best financial freedom on this even then I think we should have make the diversiation on our asset in three or two parts like one will be in bitcoin and another one is on gold or something on stable coin and another one is cash. Like we can go through about the every situation like the war or cut off the internet. So make your self like that way we will also able to face the every situation.