Why are people so crazy about buying Bitcoin?

[slapper]

It’s not that people suddenly believe in Bitcoin. They believe in not being poor. They are betting against the system, but ironically, using the exact same herd instinct that keeps the system running. When Bitcoin was boring, it was invisible. Now it's booming, people think it's their lottery ticket, and they rush in without understanding what they are even buying - digital scarcity, a network effect, and a protocol they probably can't even explain.

This behavior is older than Bitcoin. It's what bubbles are made of. And yes, it can still make you rich - but the real question is at what cost? FOMO-driven buying is not investment; it is gambling disguised as strategy. The problem is that humans prefer to deal with immediate emotions rather than long-term planning. They prefer hype to quiet analysis. Most of them have no exit strategy, no knowledge of volatility, no concept of liquidity crises - just vibes.

So, is it the right time to buy? Wrong question. The question should be: Are you making this decision because you understand Bitcoin? Or because you’re afraid to look stupid at parties where everyone talks about how rich they got from it? Think about that first.

[Asiska02]

Currently everyone wants to buy Bitcoin. Is this the right time 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 are so in rush to buy bitcoin now because of how well the market did from last year to this year. It did more than 2x just in the space of one year and people are willing to buy now even those that hesitated to buy when the price was lower. Bitcoin dominance cannot be overemphasized and I think it is the best technology that has appeared in this century.

Bitcoin has gotten some kind of edge that makes it stands out amongst all other financial services that gives it a good choice over all other ones. It is an investable asset and at the same time a dependable asset that gives good return in profit. It is something to be rushed and get the best out of it so don’t blame those rushing to invest in it.

[Marivic27]

Currently everyone wants to buy Bitcoin. Is this the right time 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.

Many people wanted to buy bitcoin because it is proven and tested coin and many investors specially to investors that has a big patients already earn a huge amount of profit by just buying ang holding it and sell in the right time, so it is not astonishing that many people wanted to have bitcoin not only the greedy person but also to those who are newbies they want to have bitcoin in purpose of making money.

[Azharul]

Bitcoin is one of the best profitable crypto in crypto currency market. If we follow in crypto currency market, we can see that bitcoin price is remain under $82k in this time. But after election of US, we could saw bitcoin price reach $106k up in cryptocurrency market. So if we invest in bitcoin in this time, i think that it will be very prefer for us. Because we know that down market is very prefer for investment. At last we told that bitcoin is one of the best profitable crypto, so every people will be crazy for this reason.

[tequilla_sunset]

Bitcoin is one of the best profitable crypto in crypto currency market. If we follow in crypto currency market, we can see that bitcoin price is remain under $82k in this time. But after election of US, we could saw bitcoin price reach $106k up in cryptocurrency market. So if we invest in bitcoin in this time, i think that it will be very prefer for us. Because we know that down market is very prefer for investment. At last we told that bitcoin is one of the best profitable crypto, so every people will be crazy for this reason.

Bitcoin will become only more and more scarce - with or without hype around it from bigger entities.

And its value will increase as there is less and less of it circulating and mined around.

[BlockCipherX]

Bitcoin is one of the best profitable crypto in crypto currency market. If we follow in crypto currency market, we can see that bitcoin price is remain under $82k in this time. But after election of US, we could saw bitcoin price reach $106k up in cryptocurrency market. So if we invest in bitcoin in this time, i think that it will be very prefer for us. Because we know that down market is very prefer for investment. At last we told that bitcoin is one of the best profitable crypto, so every people will be crazy for this reason.

Bitcoin's been a total champ for making money over the years but its price can bounce around like crazy! Stuff like what's hot in the market, new rules, or big world news can really shake things up. Some people think US election might push bitcoin higher but who knows, it's not a sure thing. Buying when the price drops can be a slick move but you gotta dig into it and not go wild with risks. Mixing up what you invest in and keeping your eyes on the long game can help you ride out the ups and downs. just play it smart and don't toss in more cash that you're okay losing.

[Dr.Bitcoin_Strange]

Currently everyone wants to buy Bitcoin. Is this the right time 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.

There's no time that is not right to buy Bitcoin, it depends on what your strategy are and what your plans are too. If you are looking at accumulating Bitcoin continuously for a long time like 4 to 6 years, then you would not have problems to buy even with the current price. So, @Gita, every investor has their plans and without them telling you, you can not know what their plans are, you just have to be concerned with your own strategy but another thing you should know is that, Bitcoin price is still is the bull season and there is yet speculations that price will get to $150k and if that happens, you will realize the reason while people are buying now.

[rachael9385]

Currently everyone wants to buy Bitcoin. Is this the right time 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.

There's no time that is not right to buy Bitcoin, it depends on what your strategy are and what your plans are too. If you are looking at accumulating Bitcoin continuously for a long time like 4 to 6 years, then you would not have problems to buy even with the current price. So, @Gita, every investor has their plans and without them telling you, you can not know what their plans are, you just have to be concerned with your own strategy but another thing you should know is that, Bitcoin price is still is the bull season and there is yet speculations that price will get to $150k and if that happens, you will realize the reason while people are buying now.

Every time is right to buy bitcoin but now is the perfect time to buy it because no body knows the price Bitcoin will be in the future. The fact that Bitcoin is a digital asset, it's important to use it as an investment opportunity because the price always fluctuates every seconds. However Bitcoin is not a get rich quick scheme and if one wants to get profit from Bitcoin he or she should consider to invest on long term, 4 to 6 years of accumulating Bitcoin would be okay.

[J-1]

Its hard to see every discussion around Bitcoin following the hype trend! It would seem everyone is blinded by the profits in FIAT when its sole purpose was to replace FIAT.

Is P2P dead with Bitcoin imo it 100% is long gone.

Everyone seems to forget while engulfed in the hype that with each year that passes your profits become less and less valuable if in FIAT   

Only true P2P like algorithm now is Yespower Still only CPU minable = Fair mining for all.

[Roseline492]

Currently everyone wants to buy Bitcoin. Is this the right time 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.

You should have actually look for more befitting title than sounding rude to Bitcoin investors as the title implies, however the point of correction is that no body is crazy about Bitcoin but we only love it because is a right investment to do, what everybody's want is safe place were there money can multiply in a big fold.

However what you think about people not buying when is low and buying when is high could simply be because they don't want to loss opportunities anymore that's why they don't care whether the price is higher or not because profit will definitely be made.

[Makus]

Currently everyone wants to buy Bitcoin. Is this the right time 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.

When it comes to bitcoin, there is no better time in buying than every moment you have what it takes to purchase it, it might be some few sats, you can employ the use of DCA strategy to accumulate smaller divisions until you get to you desired amount of bitcoin. However bitcoin is unlike other small altcoin projects such as meme coin which are likely to have lots of shitcoins. Bitcoin has survived for more than a decade now and it shows no interest in crashing down just like shitcoins However every moment is an opportunity to get into the market to buy at a cheaper price because there is a possibility that the market price of bitcoin will increase significantly in the near future.

[Hisbullah]

Currently everyone wants to buy Bitcoin. Is this the right time 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.

When it comes to bitcoin, there is no better time in buying than every moment you have what it takes to purchase it, it might be some few sats, you can employ the use of DCA strategy to accumulate smaller divisions until you get to you desired amount of bitcoin. However bitcoin is unlike other small altcoin projects such as meme coin which are likely to have lots of shitcoins. Bitcoin has survived for more than a decade now and it shows no interest in crashing down just like shitcoins However every moment is an opportunity to get into the market to buy at a cheaper price because there is a possibility that the market price of bitcoin will increase significantly in the near future.

It is better not to invest in shitcoin because the risk is high, if you want to try it you can use a small capital.
because the possibility of losing is greater than getting profit, I have tried it in the past and experienced losses. that's why now I prefer to invest in bitcoin and some altcoins in the top 10 coins, because I think it is safer and the possibility of getting profit is higher. I am talking about the possibility of profit, because if in shitcoin the losses we get will be greater.

[Blaze]

It is better not to invest in shitcoin because the risk is high, if you want to try it you can use a small capital.
because the possibility of losing is greater than getting profit, I have tried it in the past and experienced losses. that's why now I prefer to invest in bitcoin and some altcoins in the top 10 coins, because I think it is safer and the possibility of getting profit is higher. I am talking about the possibility of profit, because if in shitcoin the losses we get will be greater.

In the digital assets, decisions are equally probable and made out of experience and evaluation of different options. What may be further seen is that the old and accepted modes or assets do possess their concern in terms of security. No one can forecast changes in the market but when investing in assets there is no harm in investing in those that have been tried and proven. Most coins listed can be considered as having a more profound development, which brings extra confidence in comparison with the less stable assets. In this respect, balancing or being a little careful between risk and opportunity also helps in order to feel more relax when investing.

[JISAN]

Currently everyone wants to buy Bitcoin. Is this the right time 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.

Since the birth of Bitcoin, the price has fallen a lot after making ATH many times, so people are still afraid to invest in Bitcoin after making ATH. But when the price of Bitcoin recovers again and exceeds the previous ATH, people panic and invest in Bitcoin because they believe that Bitcoin will make a new ATH again and that will be at a much higher price. And at this time they will be able to make quick profits. For this reason, the investment rate in Bitcoin is seen to be high at high prices. However, this is a completely wrong process. Those who chase after quick profits will never get anything good from crypto, but will face a lot of losses.

[Kemarit]

Bitcoin is one of the best profitable crypto in crypto currency market. If we follow in crypto currency market, we can see that bitcoin price is remain under $82k in this time. But after election of US, we could saw bitcoin price reach $106k up in cryptocurrency market. So if we invest in bitcoin in this time, i think that it will be very prefer for us. Because we know that down market is very prefer for investment. At last we told that bitcoin is one of the best profitable crypto, so every people will be crazy for this reason.

Bitcoin will become only more and more scarce - with or without hype around it from bigger entities.

And its value will increase as there is less and less of it circulating and mined around.

That's one plus Bitcoin is the prime mover, and we can say that it's too big to fall now. As everyone is buying, from average joe to Michael Saylor and it really trusted by most crypto enthusiast. We even have a lot of terms, like HODL and Bitcoin maximalist as this is our strategy. To buy and then hold on it. So there's no question that it is the best, although many altcoin users can argue with that, but it's very obvious that if you are the one that started it all, it's very hard to topple them and will continue to have the support of the community.