A man called Eugene Fama a key figure in modern finance, argued that btc was preordained to become worthless. His main concerns was Bitcoin's volatility. This man refuse to understand that the decentralized nature and Supreme security have made it an attractive hedge against inflation and economic instability
Bitcoins future is great
Everyone is entitled to their opinion, experts more so, and alot of people read the market differently without really understanding it, but right now no one need an expert to tell them bitcoin has a bright future ahead of it.
Everyone is entitled to there belief or opinions,the fact that the man have such believe about bitcoin doesn't make any difference or change the fact that bitcoin has proven it's worth over the years even with so many critics and doubters . with what we have seen so far in the growth of bitcoin we don't need someone opinions as to were bitcoin is heading in the future.so many doubted that bitcoin will never get to $100k, but since no one can predict the future $100k was possible.The future of bitcoin can't be predicted by those critics of bitcoin.
I actually wonder why people spend so much time trying to predict the price of bitcoin, even people that claim they want to hold. I feel it is really not necessary since we know that bitcoin will continue to rise over the years even though there are corrections that happens once in a while. That conviction is enough for anyone to stash as many bitcoin as he can collect and be rest assured that in the future he will be happy or the decisions he made to invest in bitcoin and hold without fear.
People will always doubt anything including bitcoin, our job is not to join the doubters but to take advantage of the opportunity we have to buy bitcoin which is one of the easiest and reliable investment I have seen. You practically do not need to do any other thing after buying bitcoin and you will have your money grow rapidly over a period of few years. What can be better than that?
Any one person saying they have the perfect read on the rise and fall of the price of bitcoin has to be either very smart or just plain stupid, coz bitcoin is volatile but we can trust in the process, w have all seen how far bitcoin has come and we know much further it will go, invest now or regret not investing tomorrow.
A man called Eugene Fama a key figure in modern finance, argued that btc was preordained to become worthless. His main concerns was Bitcoin's volatility. This man refuse to understand that the decentralized nature and Supreme security have made it an attractive hedge against inflation and economic instability
Bitcoins future is great
Believing in such an opinion is a choice. Of course, if you don't have knowledge about crypto, this man can easily manipulate your mind. But if you have, you will just ignore it. Investing in Bitcoins depends on how we trust it. Many people will draw their views based only on negative reports but don't look at the positive side of it. Because despite the volatility of the market, we can prove that we are earning a profit. It means that it is not the problem and could never be our basis for future incompetence.
Bitcoin is safest investment in the World but many people did not invest in BTC and they are giving advice to the people in negative but BTC has positive points which make that safest investment. BTC is safe if you are player of long game and you have patience and you want to invest money for the minimum year . You could be rich in the next years because you are that person who took important step by investment in cryptocurrency. Most of people who are giving negative comments will regret. They don't know know the Blockchain of BTC and that is decentralized and there is no third party involvement and you will give your BTC directly to the receiverThere is no bank or government who are handling your BTC and that is the reason,BTC is famous.
Calling bitcoin the safest investment might be a stretch, it's certainly safe and it's better than most and i advice people to invest in it coz I trust that I won't disappoint but there are other safe investments out there, this is a bitcoin forum so i won't want to discuss them here but they are out there.
Investing in bitcoin is a smart plan/idea and if a person can try to accumulate as much bitcoin as possible over 4-10 years, then they are bound to see their returns as clear as day.