Bitcoin the coin every one should invest in

mv1986

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Quote from: TEBTC on Today at 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

I don't know whether Trump's agenda is to push Bitcoin specifically. From what I have heard, it is more about building his own centralized crypto empire than it is to have a decentralized currency being the most important reserve in the world. But from what I suspect, Bitcoin will be the most important reserve regardless of what his personal plans are. They can't let the train leave without them and I wouldn't base my own decision whether to buy Bitcoin or not so much on what Trump has to say. It's more about the technology itself and whether Trump could do something against Bitcoin thriving or not. But I doubt he considers doing that because at best he could slow it down by passing unfavorable laws, but if he does, they would themselves in the knee as other countries consider that an opportunity.

passwordnow

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Quote from: TEBTC on Today at 05:40:48 PM

Bitcoin has really come a long way and is now matured enough for everyone to invest

It's still quite young. It's been here more than a decade and a half and still, many haven't invested on it. But you're right that it has really come a lot and longer way from where it is right now. The maturity that it has shown to the people made significant gains that it has got for each holder that have been seriously holding it for so long. And for that reason, all of those that haven't matured from this market yet, didn't took profits and still holding, I'm glad that you are still holding it because it's completely a different matter for me. I've sold way too early before the last 2021 bull run has happened and there's still sort of regret from it but I've learned a lot. So for sure on this cycle, many will learn as well.

alani123

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I think you mean $98k? Grin

Well good luck convincing people to buy near ATH though. It's a very tough hit or miss because many people are going to FOMO without direct knowledge or evidence that BTC could go any higher, and others are going to think it's too high of an entry price and would rather wait.

Both sides have their rights and I would say especially the more cautious folks are right to want to wait. Because there's no direct sign the world economy could be doing any better or worse. With globals markers moving as normal, there's no narrative to drive BTC much higher now. Adoption is lower than the bolm a few years ago, institutional adoption is already high on market access etc. So there's little the Trump administration could to help crypto even more.

So the prospect of Trump being better on crypto doesn't seem THAT good to me to justify prices going up as much as they did. Who knows though.

Ambatman

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Uh You in 2 weeks ago
Bitcoin has left the $80K mark for quite sometime
We looking towards crossing $100K
And the Bull market is just getting started.

Quote from: TEBTC on Today at 05:40:48 PM

Bitcoin has really come a long way and is now matured enough for everyone to invest

waiting to maturity isn't the best time to invest
Fortunately Bitcoin is still young and in its growing stage.

Ziskinberg

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Are we even looking at the same charts? From what I see, Bitcoin’s been bouncing between $96K and $99K lately. So I’m really curious where that price you’re mentioning is coming from. In the past week, it hasn’t dipped below $90K, not even once.

Kindly check the price history.
https://www.investing.com/crypto/bitcoin/historical-data

TEBTC

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With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

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