Why trust?
Editorial policy that is strict and focuses on accuracy. relevance and impartiality
Expertly crafted by experts in the industry and thoroughly reviewed
Highest standards of reporting and publication
Editorial policy that is strict and focuses on accuracy. relevance and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Bitcoin price experienced a dramatic swing in the last week. It briefly rose above $111800 on 23 May before falling to $109,600 today. The world’s biggest cryptocurrency, which was trading at $109,770 as of last check, ended the week close to $110,000 despite the abrupt dip. While the short-term volatility is still causing some concern, more and more investors and analysts have their eyes on Bitcoin’s long-term prospects.
Related Reading
It Seems That Frustration And Patient seem to Go Hand in Hand
Thomas Fahrer has spoken out on the emotional aspects of owning a car. Bitcoin. According to him, holding Bitcoin is often frustrating—about 90% of the time, he said. He believes that those who are patient will reap the rewards. The price chart, which stretches from 2011 through to 2031 and uses a trendline on a linear scale, shows Bitcoin’s steady upward movement over the years.
On the graph, a few moments stand out. Bitcoin fell to $212 in 2015. In 2020 it was nearing $5,000. In 2022, the price fell from $67,000 to $16,000 after having reached a high of over $67,000 in 2016. Although there has been a lot of noise about Bitcoin, according to Fahrer it’s still following its long-term trajectory.
Bitcoin is a way to get rich and feel 90% frustrated.
Deflationary money – designed to increase in value – forever.
Humans have a difficult time comprehending. Most still don’t get it. pic.twitter.com/d604FyoQn3
— Thomas Fahrer (@thomas_fahrer) May 25, 2025
It’s hard to grasp a deflationary design
The Bitcoin design was also cited by the driver. deflationary currency. Unlike the US dollar, which loses value as more of it enters the system, Bitcoin has a hard cap—only 21 million coins will ever exist. Halfing is the process that reduces new coin creations every four years. This makes it more difficult for the new supply to keep up with demand.
Many people don’t understand it, says Driver. Most people are not used to the idea that their money could grow instead of decreasing in value.
Numbers can tell their own stories
Carl Menger was the Bitcoin investor who shared this comparison. According to his research, $100 would only be worth $76 if held as cash in 2020. The same $100 invested in Bitcoin will grow from $100 to $1201 during the same period.
This is a stark contrast. Bitcoin has a fixed supply and, when the price goes up, it shows an opposite effect. It’s a visual you can remember.
After you have seen something, it is impossible to unsee. #Bitcoin pic.twitter.com/4OBqOLgm3n
— Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger) May 24, 2025
Related Reading
No need to use a whole coin
Robert Kiyosaki. The Author of “Rich Dad Poor Dad,” The conversation was also taken up by a group of delegates. He explained that people think it’s necessary to purchase a full Bitcoin in order to gain any benefit. This is not the case. Owning even 0.01 BTC can have an impact on the market if Bitcoin keeps performing as it does.
Kiyosaki mentioned as well that Bitcoin had made it simpler to build wealth, without depending on things such as gold. The view is similar to that of younger investors looking for other options.
Bitcoin has not yet broken its current trend. The market may be unpredictable, but the message is that it will continue to grow.
Chart from TradingView, with image by Gemini Imagen
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: www.newsbtc.com
