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Bitcoin Forum / Re: Why are people so crazy about buying Bitcoin?
« on: April 19, 2025, 02:12:11 PM »It's ok friend, but there are many people around us who are going crazy to buy Bitcoin, so seeing that, I got an idea and asked a question.Currently everyone wants to buy Bitcoin. Is this the right time to buy Bitcoin?Sorry but what exactly are you saying bud?, where or how did you come about the information that people are wanting to buy bitcoin?.
When the price was low earlier, people did not buy Bitcoin, but today, when the price of Bitcoin increases due to the boom, people want to buy it and invest in it. That investment is profitable for them, so people go crazy to buy Bitcoin, invest in it, hold it and trade, Which gives them a good profit.
People don't want, people are buying bitcoin every day, in fact, people are buying, selling saving, hodling bitcoin for different reasons and purposes everyday, it's the major reason why the price is not stable, price moves up and down because alot of people around the world are trading bitcoin in every second and minutes of the day 24 hours and 7 days in a week, there is no resting or down time.
More people buying bitcoin is when the price moves up, and more people selling bitcoin is when the price moves down, no body buying or selling bitcoin makes the price a kind of stable.
Yes friend, I know that the price of Bitcoin is not stable, is the price of Bitcoin or any other coin stable, but still people are trading.