Bitcoin dipping recently took a toll on my mental health. I thought with all the negative news about it might finally be hard to recover but how wrong was I. I am a idiot for doubting my investment and I will make it a part of my daily routine to come here on this topic as I know you guys are always more optimistic than the rest of the internet and I need that in my life!
This is likely the floor of 2018 looks like it's started to stabilize around 10,000 after briefly dipping below it. I don't think people need to rush into buying Bitcoin and need to remember you don't need to buy 1 Bitcoin. You can buy what ever you can afford at the time. It's almost certain that you'll profit from it eventually.
It's a good idea when Bitcoin is high to invest in some promising alt coins and then sell those alt coins when Bitcoin has gone down from the original value that you investing in the alt coins. But these days it's much harder to predict the market has people have been predicting a price correction for a very long time and bitcoin continues to rise.
Very good news in my opinion if this comes to fruition unlike the amazon rumors a few months ago. I think this will encourage people to learn more about Bitcoin and actually use their Bitcoin instead of hoarding it and not using it as a currency.
Bitcoin because of obvious reasons, then I would say Litecoin because it's been around for years and been very successful. Lastly I would say Waves and waves could have a very high ceiling if the developers do it right
Don't be silly governments use gold to back up their fiat currencies and the governments will never accept Bitcoin and especially not to back up their existing currency. Gold will always be of value and used in modern times.