Pls don't misunderstand, just an assumption: if Bitcoin were to reach $500 again today, do you think people would still be willing to buy?
In my opinion, it would have two implications. Firstly, it would likely have ruined many people's investments and life savings, considering those who bought in at $10k, $20k, or even $100k.
Secondly, it would reinforce the skepticism of those who don't trust digital currencies due to their perceived unreliability. So, if it happens, would you still buy it?
If that happens im going to buy a lot, but since its just a dream since , there is no way we are going to see that price, and as other said lots of people will buy, since they know what can happen a few bitcoin in that price is enough and keep it, sometimes you need to gamble on something, since we never know what could happen next, only people know the real value will not think twice.
The trust and potential that people have in Bitcoin means that the price of Bitcoin is unlikely to fall so low. When people do not collect Bitcoin but rather give up all their holdings, Bitcoin may fall significantly, but at the current price, $500 means that people have lost all their faith in it. There will be some people who will collect Bitcoin even if it is a loss. They know that since there is a limited supply, they will definitely find potential there. Moreover, there will be some investors who think that even if they do not get a profit from this, they will not miss the opportunity to keep a Bitcoin. Personally, I will also try to keep it in a Bitcoin wallet. The main thing is that there is no possibility of such a situation, rather, as the demand for Bitcoin increases, its price is gradually increasing. So I think it is better to realize the reality rather than being in the world of fantasy. It is better to buy Bitcoin as much as possible and hold it.