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Topic: Bitcoin - Reinforced by the pandemic - page 4. (Read 564 times)

member
Activity: 1204
Merit: 49
Binance #Smart World Global Token
November 15, 2020, 09:20:29 AM
#2

Yes, of course. The current state of the price of Bitcoin is a great indication that more and more people and institutions are trusting Bitcoin, and I am sure that many holders are looking forward that soon it can be able to breach the $20K level and from there hopefully it will never look back. But of course, we know that anything can happen with Bitcoin.

Nobody can be sure what can be especially in 2021 all we can do is hope and wish that things will be so positive. Now, is this the right time to get into Bitcoin? That is a harder question to answer and all depends on a person's appetite for risks.
legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
November 15, 2020, 08:47:29 AM
#1
Bitcoin price behaviour has been somehow similar to stocks and gold during this COVID worldwide crisis.

My question for the crypto community in here: Do you think that the fact BTC has survived the initial dump and rebounded, consolidated, marched upwards, and now standing close to its ATH acted as some kind of reinforcement to the trust investors have in this asset?

In other words, are you now, as an investor more confident about investing in BTC than before the whole crisis started?
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