Quote from: Promocodeudo on March 22, 2025, 07:36:15 PM

Quote from: Megaboss12 on March 21, 2025, 02:09:29 PM

I'm just curious. The beauty of investing in bitcoin or any other crypto is in it's volatility. Volatility makes smart investors to study the market trends- know when to buy and also when to sell in order to maximize profit. The value of bitcoin is basically based on it's acceptability - as more and more countries adopt bitcoin and maybe build a reserve for it, it's value will definitely increase. However if bitcoin is generally adopted worldwide it's prize will become more stable and the volatility factor that investors leverage upon will fade. While it's possible that at this point the price may be $500k or more but this same price will become more stable and conversely not a very good investment option. Someone may say why has the price of gold not stabilized- well gold is physical and it's physical usage may increase. There are only 21million bitcoin that will ever be, but converting these to it's smallest unit (Sat.) and dividing it among the world's population is more than enough for everybody (approx. 300k sats), which further buttress my points on bitcoins potential stability with general acceptability.

If the price will ever stabilize, what are the factors we need to look out for as investor to know that the time has come for us to apply extraordinary wisdom ?

OP am sure that you know what volatility is all about and I also that you're aware that volatility is Bitcoin thing, so if Bitcoin is known for it's volatile nature thats to say that there's no need of thinking about about something that may not come to reality, op there's something I want you to meditate on which is, what if Bitcoin existence is centered on it's price instability, so are we to expect it to be stable, I feel you're thinking too much though it is good to ask questions and also think abstract sometimes to get the views of the community at large but you should consider the concept of Bitcoin before saying somethings, volatility is one of the concepts of Bitcoin followed by it's long-term concept too, op price correction must occur from time to time, upsurge must take plece too, each of this events has what it does in Bitcoin investment, so for me I have accepted the fact that Bitcoin is a volatile asset and that shouldn't be a hindrance for me since this volatility is all about the dip and the upsurge which I think is perfect for an investment like that.

I am not sure you understand the view point here. We are bringing possibilities to bare... As investors, we think and envisage long term. Every visionary knows that when the adoption of a commodity is uncertain, the volatility of it's price increases. But when demands increase, prices surge (for fixed assets). but when demand climaxes price stabilizes. The amount of bitcoin that will ever be is fixed at 21m, and the hope of a long term investor is a general adoption of the coin for a maximum surge in price and conversely maximum profit. But this same general adoption will also spell less volatility which will make bitcoin a means of storing assets rather than a good investment option. That's what we're bringing to bare here bro...