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As of this time of writing, Bitcoin (BTC) is hovering at the US$4000 mark, having dropped from US$7000 as of mid-November 2018. At December 2018, after the fall from US$7500, BTC is trying to find support in the US$4500 amount, having done so once last week however instantly rebounded a few hundred dollars downwards.
All the same, I still see BTC in 2019 with strong growth potential, should it reach the US$6000 mark then progress to US$7500. Otherwise (that I do not is highly likely ), we'd BTC go downhill probably to the US$1000 markers (because there really is no significant support levels in between).For those of you looking for investment information, I would say, which of the following two categories do you fall into 1) someone who currently owns bitcoin; or 2) someone who wishes to buy bitcoin for investing nowIf you currently have BTC, it would not be a smart decision to sell it now because the market is fluctuating so strongly.
Therefore, and I think there's potential for BTC to go up, you need to invest in BTC to earn some interest (not in high-yield investment applications, mind you) until the price goes back up to, say, US$5000, then you can make an exit. Just go to Free Bitcoin Wallet, Faucet, Lottery and Dice! And deposit all of the BTC you've got.
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Then you can purchase BTC. This could happen, I think, sometime in Q2 of 2019. The same, deposit any BTC that you may have now (or then) into Free Bitcoin Wallet, Faucet, Lottery and Dice! to earn interst. Even if the purchase price of BTC drops, then you would then possess a 4.08% buffer for you to make up your mind to market or not.
However, thats better than none, rightThats all I got to say for now. If you found this answer to be of use, dont forget to share and upvote! Since this is my second time writing financial information on BTC, don't hesitate to comment any suggestions and advice that you may have!Happy holidays!DISCLAIMER: THE ABOVE INFORMATION IS FINANCIAL ADVICE GIVEN IN MY OWN OPINION.
INVESTING IN BTC INVOLVES RISK. PLEASE ENSURE YOU DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE AS TRADING INVOLVES RISK.Free Bitcoin Wallet, Faucet, Lottery and Dice! .
Bitcoin, the initial biggest cryptocurrency, has had it rough since it reached its peak at $19,500. After the 2017 December into 2018 January frenzy ended, everyone was expecting BTC to recover. Unfortunately, it didnt recover and things only got worse. Right now, BTC is hovering over $4,000 and there is no saying when another endure traction pop over to this site will choose the purchase price under this level. .
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As expected, some experts have given their opinion about the current bear market and most of them dont think its going to end soon. While BTC may find equilibrium short-term, its going to have a good deal of long-term effort for it to reach its all-time high of almost $20,000.
Statistics have shown that retail investors lost the most during this bearish market. That is why the significant sell-off was no real surprise. Whats more, these small scale investors are less inclined to return to the market any time soon. Only elderly clients who think in the industry will almost certainly remain. .
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A Bitcoin and technology researcher, Boris Hristov had a lot to say about the current market conditions. According to him, the only way BTC is going to regain its garner validity and composure is if institutional investors enter the market. But because most of these investors arent willing to accept the financial risks attached to trading cryptocurrencies, they do not want to get involved in the market.
Some potential institutional candidates are Marco funds CTAs, multi-strategy funds and alternative strategies have about $600 billion AuM. Commodity assets alone that are held by hedge funds were $300 billion as at 2017. It makes up for 10 percent of those AuM. BTC could fall into this bucket. Macro funds are potential institutional candidates.