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 ?
Bitcoin is never going to stabilise. Just know that if bitcoin ever stabilizes, then it will no more be an investable asset. It will be used more as an alternative to fiat currency than being used as an asset to be invested on. You should not think of that because the thought of that only might discourage from investing in bitcoin. If bitcoin was a stable coin, I don’t think the mass adoption of it we have gotten so far would have been possible. When you’re explaining bitcoin to the people just as another currency that is decentralized, privacy inclined and security cautious, not most of them will find interest in it, but as an asset you can invest into and profit overtime, many will keep coming to accept and own some of them.