Are you using Bitcoin in your Domaining journey? (3.Viewing)



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My opinion....

The sky is not falling, look at the recent price increase from 2023 to 2025

What we are seeing is a correction, we can't have virtual dollars climbing into infinity, what is the price based on?

The think about virtual is that it's really all speculative, if everyone wants bitcoin it goes up, when people dump it goes down.

Follow the money, look who's dumping and then decide if you want to risk it or get out.
 
Chances are it will go higher again and pass the all time high, like it's done other times before.

Impossible to say how long this downturn will last though, or where the bottom is in the downtrend.

Doesn't hurt to hold say 5% of your investments in bitcoin, and be regularly adding in down times like this, or just dollar cost averaging.
 
Personally, I’ve never invested in Bitcoin or crypto (yes, I invested in stocks and penny stocks). But I see many NameSilo clients paying with crypto, mainly Bitcoin or USDT.
 
Bitcoin today has it's greatest and widest acceptance in its history, with companies and nations buying it, and all sorts of investment products and ETFs created for it, so it's surprising that it can still have such swings. I think that acceptance and demand continues to grow, and there are only ever going to be 21 million of them, minus the ones that are 'lost'.
 

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