Bitcoin is in the news everywhere as it is almost very near to break previous ath. According to the stats from coingecko highest price of Bitcoin is recorded as $68686 which is short of $314 to break $69k known as the highest price seen in the last bull market .
Each time i look at the bitcoin price i started to think about people who were saying few days back that Bitcoin will never be going back to its ath. Current price of Bitcoin proved them wrong and it stood high.
As a little bitcoin holder i never doubt bitcoin because thats the real top class asset which is beating cash. We know that Bitcoin has a fixed supply of 21 million which means there will never be more of it.
Looking at the limited supply Bitcoin itself indicates that how much rare it is and will be more in the future. Those of us who stood strong through the bear market , i would really like to say congrats for their commitment and believe for Bitcoin.
Bitcoin is important to the world because it has unique properties which beat paper money. Bitcoin solves all the issues created by the paper money. People who are still ignoring bitcoin will get back to it once they realized its importance.
Well, you hate or love it, Bitcoin doesnt care. It is born to rule the paper money and to make financial system decentralized we know that power lies in decentralization. The time is near when bitcoin hater will accept bitcoin and choose it to perform daily life transactions.
There are many people who speak against bitcoin but in real they all accumulate bitcoin secretly, this is the biggest dou le standard they are having when it comes to bitcoin. I have no words for Such people.
As Bitcoin is almost near ath , its the time when we will see altcoins flying. So far we have observed bitcoin pump and a memecoin pump, what we all are waiting is altcoin pump which isnt far away, The real fun will begin soon.
Currently some people seems to be advising to pull money from bitcoin and put it in altcoins, as they believe that Bitcoin will not print profit as much as altcoin can. This advise could be true but i will recommend to manage risk accordingly as im crypto anything is possible.
Personally i think that bitcoin still has a lot of power to grow, the current price is nothing. Altcoins will definitely pump but fading Bitcoin is mot recommended at all.
I am holding my little bag of bitcoin and will not sell it till it sets some good new heights. I do hold altcoins too and waiting for these to show some nice gains then i will sell a part of it in order to book profit.
Bottom line is Bitcoin is here to stay and it will make proud to holders. Also do not put in crypto what you cannot afford to lose.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
Motivation Dose
Get out of your comfort zone and fight the troubles and hurdles that come your way to success. Success awaits you. Life is beautiful ، live it to the fullest. Dont be hopeless. Stand strong in the ups and downs of life as its part of life. There is always a light behind every dark side.
About Author
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.