It is important that blockchain technology and its fundamental currency Bitcoin are crucial, and it is fine to ignore other things such as NFTs, altcoins, DeFi, and crypto games.
※This is the perspective of individual investors who are busy with their main business of investing in stocks, bonds, gold, etc. It doesn't mean that NFTs or DeFi are meaningless. (Crypto games currently do not have much meaning, lol)
ピャラボニ : As there are no knowledgeable people around, I would like to ask...
Is the recent rise in the price of bitcoin due to a cyclical event related to the halving period?
Or is it because America is expecting bitcoin to become a national asset (meaning a large purchase)?
Could it be both?
I feel that the latter is too opaque in terms of its specific details and feasibility, leading to excessive expectations.
爆益男 ピャラボニ : I think the current rise is a typical movement for a halving period. While I don't believe that Trump's bitcoin bill has no influence, I think it will take some time before it seriously affects the price.
ピャラボニ 爆益男 : Thank you so much !!
I recently started, didn't really understand well, and was anxious!
When I woke up in the morning, I was even more surprised by the sudden rise
It's really amazing momentum
オプション投資ラボ OP ピャラボニ : Already received comments from the profit-making man, but I'll just add a little.
Currently, I think that short-term factors, such as the wave of rising (expectations) after the halving period finally arrived and the expectation of the Trump administration's cryptocurrency promotion, overlapped with another medium to long-term factor and caused overheating.
The first medium- to long-term factor is that after the approval of the BTC ETF in the USA, funds from the senior generation in the USA have been intermittently flowing in. This will be a major trend. People in their 60s and older who previously dismissed BTC as suspicious now see the ETF and think they might be in trouble if they don't invest long-term, so investment funds have started flowing in.
The other factor is the evolution of generative AI, which has made it possible to predict a sudden improvement in the usability, frequency of use, and demand for inconvenient cryptocurrencies. With the use of generative AI, the near future where sending money and requesting work in various countries around the world based on cryptocurrency has suddenly become a reality.
In this scenario, BTC becomes the foundation of various cryptocurrencies. If you have BTC, you can immediately convert it to any cryptocurrency (altcoin), so along with the advancement and penetration of generative AI, the actual demand for BTC is increasing.
Therefore, countries that want to escape the dominance of the dollar and large companies that do not want to miss out on future business opportunities have increased their purchases of BTC.
Just like with gold, if there is no sudden increase in the demand for long-term holdings, it won't be easy to see a sudden surge.
So, even though the price movements are intense, I feel that instead of being misled by short-term movements, it's important to investigate why BTC is rising so much and perhaps feel the "risk of not having it."
ピャラボニ オプション投資ラボ OP : Thank you very much for the detailed explanation!!
The risk of not having a shareholding is exactly that aspect, isn't it?