Anyone purchasing Bitcoin at $100K likely sees it as either a tool for transactions or anticipates further price increases in the future. They might view it as a long-term investment, believing in its future potential for growth, or they may want to use it for its intended purpose—such as making payments, transfers, or as a store of value. However, I don't share this viewpoint. I believe that buying Bitcoin at such a high price might be a risky bet. The volatility and unpredictability of the market suggest that Bitcoin's price could be inflated at this point, potentially leading to a correction. Those purchasing at these levels could face significant losses if the market turns. While some may see it as an opportunity for future gains, I remain skeptical and think there may be better ways to invest or use funds than relying on Bitcoin's uncertain future.
Will Bitcoin $100,000 This Week?
Bitcoin hits another all time high and nears the 100k target.
-----------
How much have you gained from this BTC wave?
When will you begin to take profit?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments