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Author Topic: Why are people so crazy about buying Bitcoin?  (Read 5815 times)

Offline bayu7adi

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Re: Why are people so crazy about buying Bitcoin?
« Reply #60 on: April 03, 2025, 05:42:12 AM »
It seems 'crazy' because you see the amount of their purchases is quite high... even though everyone's finances are different, so what is big for us, doesn't mean big for other people... I think they still think about not going crazy and staying in control of their finances...
I myself have the principle that for bitcoin purchases we must be able to control it, and don't let our finances be disturbed just because we are too crazy about Bitcoin.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #60 on: April 03, 2025, 05:42:12 AM »

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Offline bettercrypto

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Re: Why are people so crazy about buying Bitcoin?
« Reply #61 on: April 03, 2025, 03:43:04 PM »
It seems 'crazy' because you see the amount of their purchases is quite high... even though everyone's finances are different, so what is big for us, doesn't mean big for other people... I think they still think about not going crazy and staying in control of their finances...
I myself have the principle that for bitcoin purchases we must be able to control it, and don't let our finances be disturbed just because we are too crazy about Bitcoin.

Then I can just add, can we say that using dca in Bitcoin means we are crazy about bitcoin? Can't we just keep it in the belief that it will give us good savings in the future? Because this is how I see why I do it to save bitcoin in reality.

Then can't I also just train myself to discipline myself to save bitcoin little by little because Btc is already proven and tested for long-term investment or holdings.
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Re: Why are people so crazy about buying Bitcoin?
« Reply #61 on: April 03, 2025, 03:43:04 PM »

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Offline Fivestar4everMVP

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Re: Why are people so crazy about buying Bitcoin?
« Reply #62 on: April 03, 2025, 04:05:40 PM »
It seems 'crazy' because you see the amount of their purchases is quite high... even though everyone's finances are different, so what is big for us, doesn't mean big for other people... I think they still think about not going crazy and staying in control of their finances...
I myself have the principle that for bitcoin purchases we must be able to control it, and don't let our finances be disturbed just because we are too crazy about Bitcoin.
I've never been too crazy to invest in any cryptocurrency as far as I can remember; including bitcoin, I do not see how people can get crazy with investing In bitcoin or any other cryptocurrency...

 Bitcoin is still a cryptocurrency with huge liquidity, any body can sell it anytime when he or she feels he or she needs the money and can no longer continue holding, this is not some cryptocurrency where you have to wait for someone to place a buy order before you sell, bitcoin can be sold anytime, though it can sometimes be sold at a loss, this is why it's important that we always plan ourself very well and ensue that what ever money we are investing in bitcoin will be left in bitcoin for the long term, and not one we will rush in tomorrow to withdraw once we encounter any slight financial issues or challenges..
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Offline Ujok

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Re: Why are people so crazy about buying Bitcoin?
« Reply #63 on: April 03, 2025, 04:38:45 PM »
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.
bitcoin is the best coin to invest in for the future.
many people are turning to save funds to gain big profits by buying bitcoin and holding it, we see early 2025 the price of bitcoin reaches $ 100k over time the price decreases and now is the right time to buy bitcoin at a price of $ 82k - 84k. because bitcoin is the solution to make someone successful in achieving a good future, if we don't move now then we will find regret.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #64 on: April 03, 2025, 05:14:37 PM »
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.
bitcoin is the best coin to invest in for the future.
many people are turning to save funds to gain big profits by buying bitcoin and holding it, we see early 2025 the price of bitcoin reaches $ 100k over time the price decreases and now is the right time to buy bitcoin at a price of $ 82k - 84k. because bitcoin is the solution to make someone successful in achieving a good future, if we don't move now then we will find regret.
Even though Bitcoin is the best cryptocurrency to invest, we should invest with caution. Among the cryptocurrencies, Bitcoin has lowest risks. So we have to consider that there is always a risk to invest with Bitcoin. I would suggest with the current price of Bitcoin that you should not all in your capital because there's a chance that the price would still go deeper. And my advice since you are investing Bitcoin, is to learn DCA, it's an effective strategy when investing.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #65 on: April 03, 2025, 09:12:47 PM »
As mentioned before, I think it is more related to the fact that people/investors that missed out when Bitcoin was worth almost zero are the ones that might be thinking about buying now but they do not have he funds. Obviously large investors are buying because they expect the price to increase over time.
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Offline Vx1

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Re: Why are people so crazy about buying Bitcoin?
« Reply #66 on: April 03, 2025, 09:13:25 PM »
Bitcoin has proven to be a good long-term investment to throw some value on because it has the power to grow exponentially overtime. Some people have seen and understand this fact which has made to to start investing in bitcoin despite the high price because they missed out when the price was low.
In Cryptocurrency Bitcoin is the number one coin, choosing Bitcoin for investment is the safest choice in my opinion. Although sometimes the price changes are slow or sometimes it goes down too but it will not be a problem, the key is to be patient and do not sell cheaply because the price will go up even in the long term.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #66 on: April 03, 2025, 09:13:25 PM »


Offline Crypto Library

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Re: Why are people so crazy about buying Bitcoin?
« Reply #67 on: April 03, 2025, 11:14:19 PM »
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.
Unfortunately, this is not the right time to invest in Bitcoin it is not only on the Bitcoin it is for whole crypto coins.
Because currently market is on the bullish season here market is already on the top and if some one who is new to Crypto currency and invest now he will definitely goes on panic when the price will dump to the bear season again and he must sell is Coin in loss.
Even this is the open secret mistakes people to but it will not going to remove from the market because most of the new people have the same mental stage now the people also doing and here also the long-term investor for mainly trade by targetting every bull and bear cycle make profit.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #68 on: April 03, 2025, 11:32:21 PM »
Unfortunately, this is not the right time to invest in Bitcoin it is not only on the Bitcoin it is for whole crypto coins.
Because currently market is on the bullish season here market is already on the top and if some one who is new to Crypto currency and invest now he will definitely goes on panic when the price will dump to the bear season again and he must sell is Coin in loss.
Even this is the open secret mistakes people to but it will not going to remove from the market because most of the new people have the same mental stage now the people also doing and here also the long-term investor for mainly trade by targetting every bull and bear cycle make profit.
If you want to buy Bitcoin for a short time goal, there is nothing wrong to buy Bitcoin now. Even if Bitcoin price tends to drop, it sometimes increases quite well. Yesterday, Bitcoin could increase to $88k, but it dropped again to $82k now. It means there is a chance to get some profits in the price change. However, if you want to buy Bitcoin for a long term goal, it is surely not the right time. It is better to wait for the bearish season when the price of Bitcoin and altcoins are declining very significant. At the bearish season, all the prices of crypto coins will get huge discounts.  ;)

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Offline sampoerna

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Re: Why are people so crazy about buying Bitcoin?
« Reply #69 on: April 03, 2025, 11:42:53 PM »
It seems 'crazy' because you see the amount of their purchases is quite high... even though everyone's finances are different, so what is big for us, doesn't mean big for other people... I think they still think about not going crazy and staying in control of their finances...
I myself have the principle that for bitcoin purchases we must be able to control it, and don't let our finances be disturbed just because we are too crazy about Bitcoin.
your opinion is very reasonable. yes because after all each person's finances are different. and for them, especially whales, sometimes a nominal like that is a very reasonable thing. there are even some who only use a few percent, or no more than 5% of their total wealth to buy Bitcoin, because that's how much money. and we as people who are indeed at the ordinary level, of course feel a bit wow.

yes, once again, we don't need to see how big each person's nominal is. we just focus on ourselves, how much we can spend to invest in Bitcoin, to achieve the gains we expect with the capital we can afford to lose of course. what is clear is, we just apply our financial management well and wisely.
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Re: Why are people so crazy about buying Bitcoin?
« Reply #70 on: April 03, 2025, 11:58:36 PM »
~.
I've never been too crazy to invest in any cryptocurrency as far as I can remember; including bitcoin, I do not see how people can get crazy with investing In bitcoin or any other cryptocurrency...

 Bitcoin is still a cryptocurrency with huge liquidity, any body can sell it anytime when he or she feels he or she needs the money and can no longer continue holding, this is not some cryptocurrency where you have to wait for someone to place a buy order before you sell, bitcoin can be sold anytime, though it can sometimes be sold at a loss, this is why it's important that we always plan ourself very well and ensue that what ever money we are investing in bitcoin will be left in bitcoin for the long term, and not one we will rush in tomorrow to withdraw once we encounter any slight financial issues or challenges..

Bitcoin investment was never meant to be done only when you feel not comfortable with your finances for it. Yes, you might go crazy trying to buy some bitcoin in your portfolio but following due process of being able to keep it for the long time should not your ultimate goal. There is no need emptying your finances for bitcoins and after some time, you’re back to take from your investment, that’s a poor approach to investing and it’ll affect your capital overall and not reap any profit from it. Bitcoin has been in existence for long and till now it is never too late to invest in bitcoin, take your time and have a good flow of income that won’t affect your investment in bitcoin, that’s the best way you can get the best out of your investment in bitcoin for the long time.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #71 on: April 04, 2025, 12:34:06 AM »
It seems 'crazy' because you see the amount of their purchases is quite high... even though everyone's finances are different, so what is big for us, doesn't mean big for other people... I think they still think about not going crazy and staying in control of their finances...
I myself have the principle that for bitcoin purchases we must be able to control it, and don't let our finances be disturbed just because we are too crazy about Bitcoin.

The right way of investing in Bitcoin or other cryptocurrencies is to only use funds that you don't need right now or won't need it in the near future because we don't know what might happen in the market in the short run, so if you are expecting the market to go up, and with that mindset, you invest your savings or money that is for something else only with the hope that you will get some profits and then sell it, the market might deceive you and then you will get in trouble because you can't sell at a loss if the market goes down.

So, those who are crazy about Bitcoin or are always eager to buy more Bitcoin with any money they have need to realize that they are making a mistake and even though Bitcoin is a profitable investment option, that usually works in the long run and short-term dips and corrections can make someone have their funds locked for a good period.
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Re: Why are people so crazy about buying Bitcoin?
« Reply #72 on: April 04, 2025, 08:43:47 AM »
In Cryptocurrency Bitcoin is the number one coin, choosing Bitcoin for investment is the safest choice in my opinion. Although sometimes the price changes are slow or sometimes it goes down too but it will not be a problem, the key is to be patient and do not sell cheaply because the price will go up even in the long term.

Bitcoin is too big to await some kind of "flip" on its chart.

The only thing needed from you as an investor is to hodl and not drop your bags even if there is a bit of red on the spot.

That, combined with enough time and possibilities to accumulate more.

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Re: Why are people so crazy about buying Bitcoin?
« Reply #73 on: April 04, 2025, 03:07:12 PM »
Even though Bitcoin is the best cryptocurrency to invest, we should invest with caution. Among the cryptocurrencies, Bitcoin has lowest risks. So we have to consider that there is always a risk to invest with Bitcoin. I would suggest with the current price of Bitcoin that you should not all in your capital because there's a chance that the price would still go deeper. And my advice since you are investing Bitcoin, is to learn DCA, it's an effective strategy when investing.
BTC's long-term climb is real, but those short-term dips? They can wipe out a lot of investors, and that's just the market being the market – someone's always winning, someone's always losing.

If you've got the chops, you can trade those BTC swings for max profits. If not, a solid long-haul strategy is your best bet – stack those BTCs and hold 'em for at least four years for some pretty sweet returns.
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Re: Why are people so crazy about buying Bitcoin?
« Reply #74 on: April 04, 2025, 03:15:19 PM »
Unfortunately, this is not the right time to invest in Bitcoin it is not only on the Bitcoin it is for whole crypto coins.
Because currently market is on the bullish season here market is already on the top and if some one who is new to Crypto currency and invest now he will definitely goes on panic when the price will dump to the bear season again and he must sell is Coin in loss.
Even this is the open secret mistakes people to but it will not going to remove from the market because most of the new people have the same mental stage now the people also doing and here also the long-term investor for mainly trade by targetting every bull and bear cycle make profit.
If you want to buy Bitcoin for a short time goal, there is nothing wrong to buy Bitcoin now. Even if Bitcoin price tends to drop, it sometimes increases quite well. Yesterday, Bitcoin could increase to $88k, but it dropped again to $82k now. It means there is a chance to get some profits in the price change. However, if you want to buy Bitcoin for a long term goal, it is surely not the right time. It is better to wait for the bearish season when the price of Bitcoin and altcoins are declining very significant. At the bearish season, all the prices of crypto coins will get huge discounts.  ;)
That is possible if you are a trading, or a short day trader as they usually take advantage of this volatility. But for the majority of us who chooses to hold, then we really don't care if there is a mad swing in prices. Because as far as we know, we look for the bigger picture. Which means we hold Bitcoin for a long time and not just be affected by the sudden price decline. So everyone is crazy on Bitcoin because of the huge potential to really earn a lot of money specially if we are going to be a long term holder.
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