Is it still possible to catch up with a “bitcoin missile”?

The cryptocurrency influenced the stratospheric price of $ 100,000 per unit. This high aerobatic show attracts admiring appearance, tickles instincts of greed and arouses a relatively natural fear of missing opportunities. But if investing in bitcoins was actually more country on Earth?

Six characters. A dizzying price for one bitcoin. Also for any other financial product. No other assets, physical or digital, how easily tradable, have not yet shown a unit value of $ 100,000, as bitcoin on the night of 4 to 5 December 2024. The cryptocurrency course is already developing this year on 6 December under the psychological threshold and exchanged against about 99,000 green tickets.

This is definitely not the historical character of this breakthrough in the stock market. And spontaneous reactions observed every time they escape are almost everyone wondering if it should be rushed to this investment nugget. Now the famous fear and greed index, measures whether the market has tilted more to heritage or venalny, is currently in the “extreme greed” zone. In other words, the situation is characterized by awarding ” Probably excessive and overvalued prices ».

“Is it time to buy bitcoins?” The story says yes “

Bitcoin altitude does not discourage uninitiated that Fomo (Fear of missing), the fear of the missing brand went. ” The BTC price has doubled since the beginning of the year and its long -term trend is historically higher. But past performances do not assume future performance, and especially do not invest at the initiative of emotion », Tempers Alexandre Roubaud on Numerama. He is a co -founder and CEO of the Paris Society, which originally made it possible to invest its small currency in Bitcoins and which has turned into a “native neutanque of Bitcoin”.

Obviously, it may seem distorted to ask the Pickaxa dealer, whether it is advisable to embark on a digital gold fever. He admitted at least the promoter Bitstack knowledge of the crypto terrain, a practical and direct understanding of the tools necessary for the prospect, as well as a realistic realistic vision of challenges and probability of success in this market full of fantasies.

In this respect, far from the image online casino Flambeur, some traditional financiers, are organized by crypto actors, Alexandre Roubaud advises the preventive placement method, Average Dollar Cost (DCA). ” In assets like Bitcoin, it is believed to be the best strategy: to invest regularly to exterminate the risk and expose to its long -term potential. So the real question is rather than a hurry: is it time to start buying bitcoins in DCA? History says yes “It is provided by the CEO.

Source: Canva
Investing under the stimulus of emotions, rarely a good idea. // Source: Canva

Harden was autumn, will he be stronger?

Remember that Bitcoin comes from a distance. Two years earlier, the crypto market with fraudulent bankruptcy of the FTX platform, discussed by the insolvency of the creditor Celsius or the disappearance of the Terra-Luna ecosystem, discussed. In the eyes of the general public it looked like a blackborn. BTC oscillated around $ 15,000, and the great preachers of traditional finances rushed to pronounce the time of death. Since then, in twenty-four months, the oldest of the crypto-acts has added more than 500 %. With the help, unlike the previous cycles of warming or hearing prices on the stock market, Wall Street, the financial system and the political sphere that stretch around a certain trump.

However, positive foundations remain. ” It is true that Bitcoin is a volatile asset, its price can quickly evolve up and down. In the long run, it showed an impressive ascending trend: its price multiplied by 13 years and 270 per ten years “, Puts in the context of Alexandre Roubaud, but” Potential gains come from its growing adoption, its planned rarity (a maximum of 21 million units) and its ability to establish themselves as a reserve of numeric value. »»

Market socio-demography would also advance. The original cryptocurrency not profiles are more diverse if we believe that a sample of more than 150,000 users who save bitcoins via Bitstack.

There is a strong presence of young adults and investors looking for innovative and diverse savings. 77 % of our users are between 18 and 35 years old, with students, employees and executives. They decide to save on bitcoins to grow their savings (71 %), diversify their investment (56 %) and invest in the asset of the future (60 %) », States the boss and co -founder and emphasizes the interest of strategic diversification of possible investment with modest amounts.

Legal framework reinforced for reduced risks?

A certain French culture of regulatory supervision of cryptocurrencies should be raised. In 2019, the Pacte Act founded the status of service providers on digital assets (writing), allowing to offer “less poor” protection to users and investors.

With the European Legal Regulation (Krypto-Sets), adopted in 2023, the European Union now harmonizes the regulation of providers. This framework lays down clear rules for these actors and increases market transparency. For example, companies must be authorized and monitored to offer their services to reduce risks », Notes Alexandre Roubaud.

This progress does not take everything. “Is guaranteed only by the risk”, to use Renunciation It is stored on the Krypto market. History manuals will retain this topic that FTX has been properly regulated …

Regarding moral objections that enamel certain family meals at ecocidal dangers of bitcoins or its allegedly extensive use in criminals, boss Bitstack notes ” The ethics of investment often depend on the individual perception and use of assets. Bitcoin is a neutral tool: it does not have an ethical or unethical intention itself. It is true that some critics raise questions about their energy fingerprint, but it is important to realize that the bitcoin network is increasingly based on renewable energy sources. Recent studies believe that approximately 60 % of energy used for mining comes from these sources, making it a greener industry than many others », PIN Alexandre Roubaud.

And add that bitcoin can be considered an ethical tool ” To support financial integration to provide autonomy to those who do not have access to traditional banking systems and protect against cash manipulations or censorship ». The crypto industry must still prove that it is indeed ethics and not a label.

Bitcoin // Source: Numerama
All technological messages in the eye

All technical messages in the blink of an eye

Add numerama to your home screen and stay in conjunction with the future!


(Tagstotranslate) Bitcoin

Leave a Comment