Is the bubble finally over?? My Bitcoin value has dropped by about 50% and seems to have levelled out. I’ve also been trading effectively against my investment, making enough to write off my loss off Bitcoin value.
Do people think Bitcoin will ever recover? I read an article by Harvard Business Review who think the value will be around $100 in the next 10 years!
I currently trade crypto with Olsson Capital if anyone was wondering…
I think it's better to stick to your own plan. As for those who have just entered the market, it's often recommended to hold coins, though, in theory, they could also try trading but only with small sums.
Me too. If investing, you don't need to make quick decisions 'cause you have plenty of time to analyze everything... By the way, where do you buy altcoins and which are better to buy? I was thinking of investing in some. I use cex ( https://cex.io/ ), it's easy enough to buy btc there with cc, but they do not have many alts. Any suggestions?
My logical analysis is saying that cryptos are going to be for a long time on this market. As many businesses are starting to accept payments in BTC and central banks are thinking of cashless environments, plus Blockchain technology is massively accepted, the price of BTC can only go up
IMHO it doesn't make sense to trade on bitcoins, but investing is worth it. In general, I don't really believe in speculations. But I was convinced in practice, that only market-makers policy technique can bring you real money when you create orders by your self and can trade big volumes. But it works mostly for altcoins with the average popularity or on stocks with low liquidity. Bitcoin is not that case. Even now it is too liquid If you compare it to fiat money quotes. The difference between buying/selling is minimal, and price manipulations almost impossible even on the small exchanges. You need to have at least 2-3 millions of dollars for it Who has 2-3 millions of dollars here? Investment is a different story. I think, that now bitcoin is if not at the bottom, but very close to it. It is the right time to grow slowly the portfolio volumes. And worthy altcoins are also out there on the market to diversify the portfolio.