Quote from: Lolipo on Today at 11:29:25 AM

Quote from: _act_ on March 06, 2024, 09:06:03 AM

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

You are right boss, but I think some people still have this mindset that once e falls raising up will be difficult, I think Bitcoin goes with dollar exchange, dollar 💰 is not stable, it falls today and tomorrow it raises. The same thing happens in Bitcoin market it's not also stable. I will encourage everybody who wants to go into Bitcoin thread or people who want to start to have patience will doing the thread, it is not always easy at start but the end is always good and its profitable investment

'Bitcoin goes with the dollar exchange rate, the dollar is not stable, it falls today and rises tomorrow, the same thing happens with Bitcoin'. There is partial truth in your comment, that is, both currencies are not stable. We know that the Bitcoin market is unstable. Its price volatility is very high. Bitcoin can fluctuate up to 8-10% or more in a day. The fluctuation of the dollar's price can be as high as 2-3% in a day, which is not as volatile as Bitcoin. The dollar is a currency controlled by the central bank, managed by the government and the federal reserve, and the dollar's price is kept stable through the central bank and economic policies. On the other hand, the price of Bitcoin is determined based on the behavior of investors, supply and demand. We know that Bitcoin is a decentralized digital currency, it is not controlled by any government or institution. Bitcoin is a digital asset with a limited supply. So your comment that Bitcoin goes with the dollar exchange rate sounds confusing. Bitcoin and the dollar are two completely different assets. Therefore, it is a misconception to call Bitcoin as stable as the dollar or to consider its impact.