We could be looking at a major 75% correction. These markets simply went parabolic, too fast. If this happens, I'll be buying with both fists.
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There is, the problem is, now these institutional investors are shorting cryptos, and making money on both ends. This is something I warned about for years. Hopefully, stability returns eventually.
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One thing is for certain, if you are interested in getting a bitcoin, its a lot cheaper today, than it was a week ago what a rollercoaster.
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Like my momma always said. Never say never.
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Lets hope it comes back up soon.
Some of us remember MTGOX all too well...
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BTC and China are at odds and will continue to be so moving forward. China is having extreme issues with capital outflows and tax evasion. This is a problem that not only affects BTC.
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haha, man the stories of I have seen over the years. This, this I highly doubt.
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I personally have begun to move more funds into the strong alt coins. The transaction fee's are BTC's biggest problem!
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Due to BTC's incredibly high transaction fees, one of the strong alt coins is destined to replace BTC, if a solution isn't found and isn't found fast. BTC will ALWAYS have strong value. It just can't fill this demand atm.
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A rising tide lifts all boats.
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In my personal opinion, you have obviously missed out on a lot of the "easy" money. Gains could still be had however, especially in good, alternative cryptos that are taking the charge in the transaction space.
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At this time, the best strategy has been to simply buy and hold. We shall see how 2018 treats you however, it has become more and more unstable.
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This, this is the biggest problem facing BTC atm. It has lost much of its original vision that me and other old school members had. There used to be a vibrant economy. The high transaction fees have killed that.
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As each day passes, I foresee the day many have envisioned, where Bitcoin has paved the way, but an alternative Crypto overtakes it and leads the way from then on.
The transaction fee's are killing BTC atm.
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Over excessive regulation. Now that Wall St is getting involved. This is the greatest threat we currently face.
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Any aspect of the markets has an element of gambling involved with it, however, this has been a very very good bet...
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BTC will always have a place in your portfolio, however, I am now eveningly diversifying into a number of coins. Dollar cost averaging is the safest route to take.
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For many it has simply become a way of life. Degeneracy has taken hold in many aspects of our current societies. This is not a trend that is going to be easily reversed.
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The elites want war, they need war to continue to support their system. We are entering into another phase of increased activity. It is going to get worse before it gets better.
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