Bitcoin is waxing stronger. Everyday comes with a new magic. Waking up this time to bitcoin at $118k is mind blowing. At this point, whoever still doubts continuous bitcoin accumulation no matter the price is definitely not ready to change his life in the crypto world. Any ATH is becoming a daily routine. Imagine someone who has been waiting to buy at dip, how long does he have to wait? The earlier anyone starts investing the better.
Even at this price, some would still see it as too high until a new ATH will also surface. Bitcoin is a store of value and it proves itself daily. Congratulations to every diligent bitcoin investor.
Saying that bitcoin is risky investment, I don't know what your intentions were, what really do you understand about bitcoin that created that believe that bitcoin is risky to invest in? This makes me feel you are but a bitcoin trader and not an investor. Bitcoin is not as risky as to be boldly elaborated here. Anyone who reads about bitcoin Volatility will always understand that bitcoin would definitely rise after fall.
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It has now become a lexical language, but those who come to invest in Bitcoin in the hope of profit after seeing the Bullish market are actually impatient and for this reason when the price of Bitcoin goes to the dip again, they get disappointed and sell it and tell stories of disappointment to others. Again, there is a class who praise Bitcoin a lot and they say that they are waiting for a good time to buy Bitcoin but they actually do not find the time because they think that when the price of Bitcoin goes to a lot of dips, they will buy it but when the price suddenly starts going to the dip, panic starts growing inside them - if they invest here again and fall into loss, then they do not invest in Bitcoin anymore. So for those who have not yet invested in Bitcoin, I will say that no matter what the price is, if they keep buying Bitcoin little by little, then at some point these small investments will turn into a big asset. Those who understand cryptocurrency and want to invest here but have not yet invested due to the volatility of Bitcoin, should not wait any longer, gain good knowledge and patiently invest in Bitcoin little by little because even in this digital age, those who still do not buy Bitcoin will have no limit to their regret when its price reaches one million.
Bitcoin is not to be traded. Bitcoin Traders have various experiences that are very discouraging due to the mindset of seeing bitcoin as a get rich quick scheme. Same way they sell off their bitcoin stash, in every little price rise. Some traders that bought at $99k all sold at $105-109k hoping to buy back at dip, supposedly at $85-90k which they have never had the opportunity to buy back only to wake up to $118k bitcoin price today. If only Investors can avoid the traders way of doing things, then there will be no reason to loose any assets to bitcoin.Bitcoin may also dip beyond anyone's imagination, but the principle of volatility has assured us that it would bounce back. Infact, real bitcoin investors are determined at the decline stage of every bitcoin cycle or market correction periods. At this period, traders sell off their bitcoin stash out of panic.
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This is a surprise for diligent Bitcoin holders and buyers, but on the other hand, there are so many who regret having waited and let go of Bitcoin too soon. Because recently, there has been more new interest in Bitcoin, the influx of funds to buy Bitcoin has also increased, resulting in a surprising increase in Bitcoin's price in the market. I also still recommend continuing to buy because Bitcoin will continue to make more surprises if the Fed's interest rates do not increase again and the presence of new companies investing in Bitcoin can also trigger a continuous price increase effect this year.