The use of Bitcoin is increasing day by day. Bitcoin has been in the market since 2009. But it was not popular then because people did not know about Bitcoin. The ups and downs of the market are not a big deal based on the stock market in 2022.
"I agree with you mate,
Yes, Bitcoin users have increased more than before. In 2009, not many people were familiar with Bitcoin, and people did not have much confidence in holding Bitcoin. However, since 2018, there has been an increase of three days in the number of Bitcoin users. Since it has been promoted on various social media, people are getting an idea about Bitcoin very easily. Currently, most countries have accepted Bitcoin as their popular future asset. So it has fallen a lot compared to before and I think it will spread more soon.
In the beginning of Bitcoin, the common man did not have enough information to understand its technology. Some people invested knowingly or unknowingly and later sold it when the price fell. Since then, many people consider Bitcoin to be a scam. Since the touch of modernity, people have started to know about everything. People knew about Bitcoin for some time. But, they did not know what the nature of Bitcoin is?
It is very unfortunate that earlier there was not much information known about Bitcoin, due to which they could not analyze it much, they always faced losses. There are many who sold it at a price much lower than that, thinking that Bitcoin is a fraud. However, in today's era, it has been made much easier to observe this Bitcoin on various social media, those who are completely new can easily get an idea from YT videos. So it has become much easier to test Bitcoin now than before, but he must have the highest knowledge, and he must have a correct understanding of the technical strategies or fundamental strategies that are there. However, he can test any currency and make a holding for a short time or a long time.