Quote from: Stormisover on Today at 07:51:12 AM

Quote from: Abiky on March 14, 2025, 03:32:52 PM

Quote from: summonerrk on March 12, 2025, 02:17:39 PM

Among all my cryptocurrency-loving friends, opinions on buying Bitcoin are divided. Audrey says that this is a great time to buy cheap cryptocurrency number one. And others are afraid of a further price drop, because Trump is introducing tariffs that act as a shock to the entire American economy.
Plus, there is a possible risk of a recession within a year. And all this is understandable - investors are withdrawing money because they are afraid of unpredictability, and they do not want to lose money. I am sure that most people did not expect Trump to have such an impact on cryptocurrencies. The growth was only based on expectations, and now they are not being met.

Skepticism is the main reason why some people steer away from Bitcoin. Part of this has to do with the fact that market prices are unstable (volatility) and not many merchants accept it as a payment method. We're still in the early days, so there's plenty of time for Bitcoin to grow. CBDCs aren't even a thing yet (even though a small number of countries launched their own). Once the whole world becomes "cashless", mainstream adoption for Bitcoin will skyrocket.

I'd expect BTC to sit within the "millions" (in USD) by the time this happens. If I were you, I'd start buying and "hodling" BTC now to prepare myself for the future. The earlier you start on Bitcoin, the better. The dream is to get rich with BTC, right?

Being skeptical will only results to procrastination which is very bad, one big thing I have learnt Bitcoin volatility is that if Bitcoin were to be stable new investors will no be coming to the market, meaning that Bitcoin volatility(instability) should not be a problem for as many that intend to buy Bitcoin and hold for long term because it is the factor that makes the market interesting and very much accommodating with the use of the DAC strategy.

This one doesn't actually give any result since there doubts will not bring positive result to them and if they always have this feeling or thoughts then chances for them to became successful is pretty low.

Volatility should not be the main concern of this people since if there intention is investment then they should set their minds to go for long term since this is the nicest approach they could able to make with Bitcoin. Since if they are thinking about other things like trading then provably that there's nothing good result to get from it in long term, its because the unstable movement of the market would provably caught them and made those people who trade a loser.

So buy bitcoin do DCA for long term since this is the best thing to do. Also people should ignore those thoughts that Bitcoin is expensive since they can buy Bitcoin at any amount they want to use and start their long term journey.