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RE: Goldman Sachs On The Cryptocurrency Market
That is exactly the problem though isn't it? that we think of holding crypto for profit, means we are thinking about it in terms of stock.
For adoptions and price stability to happen and be used as an actual currency, we need more people using it to buy/sell good/services.
From what I see, most people hold crypto, a small percentage of the trade back and forth on exchanges, and small percent use it as it was intended.
The bubble many talk about is the fact many hold it. Should many decide not to hold any more(for whatever reason) the price can go down just as fast as it went up. The Fear Of Missing Out on buying and hold crypto right now is fever pitch and at an all time high.
Never put all of your eggs in one basket!