The biggest problem of bitcoin is its market value volatility. For investors it's a knife that cuts on both sides, but what we need is to institutionalize it so prices evolve in a more healthy way, hereby not changing its integrity. Having a firm like Goldman Sachs invest in it is a great step forward if you'd ask me. I expect more banks and investment firms jumping on the cryptotrain in 2018, securing a more sustainable future.
This crash was pretty decent and a bunch of people I know kept saying "See, i told you it was a bubble going to pop." or "see, it was going to crash, wasting your money. Sucks for you!" But they don't realize the market has to balance itself out and they don't realize people were cashing out like they do every year around this time and it's just going to go up next year.
Those who have invested in Bitcoin must definitely hold it there. As long as you hold, you have not lost yet. During the Christmas season and new year season, many cashed out to spend more time with family. There were also many new buyers that sold because of the downward trend and got scared resulting in greater selling. After the holiday season, there is a high chance that everything will go up again especially with the other event coming up in June where it has been said Nasdaq exchange will start offering Bitcoin future. How true it is, everyone must do our own research. Cannot just based on one person as sometimes a post could be for selfish reason to boost their own crypto that he/she has purchased. So many on youtube and can be very confusing. Thanks for posting regularly @coolmnr.
i love your post:d
The biggest problem of bitcoin is its market value volatility. For investors it's a knife that cuts on both sides, but what we need is to institutionalize it so prices evolve in a more healthy way, hereby not changing its integrity. Having a firm like Goldman Sachs invest in it is a great step forward if you'd ask me. I expect more banks and investment firms jumping on the cryptotrain in 2018, securing a more sustainable future.
This crash was pretty decent and a bunch of people I know kept saying "See, i told you it was a bubble going to pop." or "see, it was going to crash, wasting your money. Sucks for you!" But they don't realize the market has to balance itself out and they don't realize people were cashing out like they do every year around this time and it's just going to go up next year.
I think around $37,379 by next September.
Those who have invested in Bitcoin must definitely hold it there. As long as you hold, you have not lost yet. During the Christmas season and new year season, many cashed out to spend more time with family. There were also many new buyers that sold because of the downward trend and got scared resulting in greater selling. After the holiday season, there is a high chance that everything will go up again especially with the other event coming up in June where it has been said Nasdaq exchange will start offering Bitcoin future. How true it is, everyone must do our own research. Cannot just based on one person as sometimes a post could be for selfish reason to boost their own crypto that he/she has purchased. So many on youtube and can be very confusing. Thanks for posting regularly @coolmnr.