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 ?
The price is not going to ever stabilize, as that’s not part of how Bitcoin is suppose to be it’s a volatile asset which it should remain so no matter how we try to keep the price in one place it’s not ever going to work, price can just remain standby in one place for some time but it will remain their for long, and if eventually it do become stable which it’s not going to happen I don’t see any extraordinary wisdom that I will need before I invest as it will be obvious that I can only choose Bitcoin for other purpose and not for profit making again.
Bitcoin cannot be stable, the only effect on the market when all Bitcoin, (21 million) as the total supply. In 2140 Bitcoin won't be stable but the volatile performance and movements won't be much and large. 2140 is a long time from here, by then we won't be alive to witness that low volatile nature of Bitcoin, only now we can enjoy from Bitcoin is doing the right thing now it is much comfortable with price, now we have the time to enjoy huge volatility from the market, it is best to take every opportunity, early investors with strong holdings hands are going to reap the market early and better.