Those who talk about the collapse of Bitcoin (Its price is now $ 31967 !)... are the same ones who were describing Bitcoin as achieving a historic record when it broke the $ 20,000 barrier.
Bitcoin collapsed for those who bet on the price and bought when it broke the $ 40,000 barrier and were waiting for it to break the 50,000 barriers to reap big profits!!
But until this moment, Bitcoin is still achieving a historical record that no one expected or imagined when the magic coin was launched in 2009 when its price was $ 0.001, or in the immediately following year 2010 when he bought Laszlo Hanich, extorting 10,000 bitcoins!!
Despite the recent decline, Bitcoin is still an incredibly legendary magic coin.
I believe that Bitcoin will achieve more growth after a logical and natural period of decline.
A quick look at the history of Bitcoin prices will confirm this... The price reached 20000 for the first time in 2017, then a real collapse occurred after that until the Bitcoin price reached less than $ 4000 at some point in time, but it started to rise again and settled for a while at $ 6000 and did not Ascent stops.
The price was rising slowly at first until the last wave started, which is still continuing until now despite the decline that some consider a new collapse.
Certainly, there will be a collapse... every rise must be followed by a decline... But I do not think that what is happening now is the collapse that we are talking about...
I also think that the collapse will not last for long, and Bitcoin will rise again, perhaps touching other historical moments it has not yet reached!!
Personally, I hope that the Bitcoin price will drop a lot so that beginners and small investors can collect what they can from it to invest in the future.
Of course, along with other powerful currencies such as Ethereum, Bitcoin Cash, and Litecoin, etc.
As for the real bet - from my point of view - it is on supported currencies... such as the currencies of the trading platforms and browser currencies such as Netbox and Brave, etc... These currencies are more suitable, especially for beginners and small investors.
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