Actually it totally depends on supply and demand. It doesn't matter that whether you buy or sell. If demand increase more than supply , price will be increased and vice versa. So better to watch the market trend and analyze the reason of price changing.
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There are so many philosophy that might be responsible for the reason. Look both of them have enough physical money. And there is a matter of HACKING that will definitely make them worried regarding this. So, being traditional in mind, they will oppose cryptos, i think.
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I believe price is a matter that depends on the demand and supply. So it is tough to predict the price of then. Even we did not predict the price fall of the beginning of this year. But the trend is positive and it is reflecting the thing your predicted.
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It is really a nice statement. If govt make that kind of decision when I will have some Bitcoin in my stock, I will be bit shocked, not so much. Look, I can use this Bitcoin as an asset. Moreover, i can use them in other so many online platforms. So if there is any policy made by govts to make a transaction barrier, it will not affect much. But surely a bit that will highly affect the demand and supply.
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It is all about patience and maturity in the field of crypto. if you have patience to reach at a stable and expected point you can hold yourself surely. Moreover, maturity is also a fact to control the panic. Your maturity will have the control over the panic.
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It is really great news for the industry. I believe banks who were thinking blockchain technology rigidly, will be cold now and welcome the tech very friendly. And I am expecting a great bump up in the banking channel in coming days.
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How many posts can I make as a newbie? Thanks in advance.
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I think it would be tough to replace bitcoin. Since bitcoin is the pioneer in crypto industry, so the replacing one has to be prospective with great value back. However, no matter what happens. We all just be careful regarding this kind of issue.
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This is really a very constructive decision. With the implementation, young guys will get sufficient time and resource to get the in-depth knowledge.
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I believe that it is just the normal fluctuation of price. And It will move on its own track. In this situation, patience is must to have to make the right decision.
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