I think it is time to be careful. Maybe it is related to the coronavirus. I don't understand what is going on. Some people say that it is a normal trend. I don't believe it.
I must admit you were absolutely right, I remember you mentioned exactly this here a few months go. Good for you!People would be better of right now if they had held cash or AAA sovereign bonds like I do and said all along .
I don't know, either the markets are driven just by algorithmic trading and massively huge ETFs that have to sell according to rules...
Bitcoin is down 50% in one month.....lol. Where are all the pumpers that claimed bitcoin is a safe haven in a financial collapse or crisis? They said people will flock to bitcoin and the price will go through the roof. Well we are suffering a global financial crisis and economic ruin for some industries such as airline and shale with flights cancelled and record low oil prices right now .
Bitcoin has done nothing other than replicate the market and go down more than the market. It has not been any sort of hedge or non-correlated asset to the market or anyone's portfolio. I think the myth about bitcoin has been busted now well and truly. All the false claims, pumpers and bitcoin nuts have been exposed by a thing called...reality. People would be better of right now if they had held cash or AAA sovereign bonds like I do and said all along .
Let's hope they don't put all your money into bitcoins This is like everything else, DON'T put ALL your EGGS in one BASKET - so if you hold Cash, Gold, Bitcoin, Stocks, ETF's, property and even Whisky as discussed here you will now have found your self in a safe harbor. So for that reason, I can only say again, do proper research, prepare your self properly for such situations and you will be a winner. Only read selective information buy few people and feel like a loserPeople would be better of right now if they had held cash or AAA sovereign bonds like I do and said all along
This is just a great buying opportunity, nothing more.
Same goes for Crypto.com coin, and many others.
Buy when the market is red, I see this as an opportunity, will bounce back over 10k within 6 months.
Well, we all do our investment different. Believe it or not, but I have a + (plus) on one part of my investments these days and of course a big - (minus) on other parts, but over all it went out fine so far.I definitely do not feel in a "safe harbor", I feel devastated.
Yeah but they seem to be the only one that is not going negative these days. Do you know of any similar alternatives?Tether is the biggest scam of all, complete fabrication out of thin air
Yeah but they seem to be the only one that is not going negative these days. Do you know of any similar alternatives?
btw. bitcoin is stabilizing at the moment, so let's see if it will rise again anytime soon.