A few days ago, there was or was a big fall in the Bitcoin market. At that time, many people told me many things and I have heard many people on this forum say that maybe the price of Bitcoin will not increase anymore. At that time, I had no words to say. But today I want to say that the market price of Bitcoin is above 96 thousand dollars. Bitcoin has proven itself again that I am the best of all. Those who said that the Bitcoin market will never recover, were proven wrong again. Those who panicked and sold their holdings during this fall are regretting it today. The risk is very high in the short term but the risk is much lower in the long term investment. If you look at this fall, you will understand why this is said. This fall will be a great example for new investors why it is necessary to invest for the long term.
I have a problem with your statement the ones in bold letters, I beg to differ you can’t say many people in this forum, maybe you heard from your friends or maybe read a few comments of newbies here and you conclude to say it’s many people here in this forum. It’s not possible for someone who has been in this forum atleast for a year to make such statements. From all the knowledge and information circulating the forum to the historical price chart movements of bitcoin to the recent world news surrounding bitcoin, Two Us States just approved the establishment of Strategic Bitcoin Reserve and soon others more will join and some nations and companies having theirs too thereby driving more adoption and someone is saying the price might not rise anymore. Who’s that person it’s only someone who has no idea about bitcoin that might say such and if in anyway, anyone here has made such statements I believe they don’t know what they’re doing and doesn’t DESERVE TO BE HERE if they’re not here to LEARN.
Op, I think JJG and some others scholars here has made this clear to us several times that we should always use the word Bitcoin and not cryptocurrency because when you made mention of cryptocurrency it encompasses of all the coins ( Bitcoin, memecoin, shitcoins and altcoins) so we should be specific on what we are saying so that newbie won't misunderstood things and make a wrong decision and regret later. And the reason why we should not actually classified Bitcoin into crypto that much again is because it now stand out on its own due to it potential and so don't it twisted because information can be very powerful.
Derekfunds I think you’ve been here for a while and you should know what OP means, the person you are replying to is not the OP(Original Poster).