Futures won't necessarily impact the direction of bitcoin (in regards to the price going up or down). But it will greatly impact the volatility. Bitcoin is already one of the most volatile assets in the world. Which allows for massive profits AND massive losses to be made at the same time. The swings are going to get more intense because it will become easier to bet both sides without actually holding any coins. The peaks and the dips are about to get more intense.
With fees increasing so much it will be very hard to sell and buy bitcoin on whim. So people will lean toward holding. The problem is that futures will start to have a greater impact since the fees will be smaller and people will be able to bet on the direction of bitcoin without actually buying or selling it.
Good luck to any day traders trying to chase the ups and downs! Good luck to the HODLers! Good luck to you all ☘
Just realize with volatility comes risk. There is a tradeoff of substantial risk (depending on your actual investment) for a potential of incredible returns
With fees increasing so much it will be very hard to sell and buy bitcoin on whim. So people will lean toward holding. The problem is that futures will start to have a greater impact since the fees will be smaller and people will be able to bet on the direction of bitcoin without actually buying or selling it.
Good luck to any day traders trying to chase the ups and downs! Good luck to the HODLers! Good luck to you all ☘
Just realize with volatility comes risk. There is a tradeoff of substantial risk (depending on your actual investment) for a potential of incredible returns
I noticed in your threads you been posting neg fud about bitcoin, why do you not come here and post it with your real account instead of using an newbie alt account? your Post wont hold credible with me, especially with all your negative bantering about it on every thread you have posted about it. Guys research his account and you will see he has an agenda to spread panic.
The guy posts a whole of shit. Every single one of his titled annoys me. Just the title bot even the context. Then I read it and I'm like dear merciful heavens my eyes have cancer. Futures? What the hell is futures? He bases nothing he says on fact and what has bitcoins future being more popular got anything to do how violatile it is. Like what the actual #$&&
?? Then he says we can bet in btc price without buying it. You can already do that now. Gosh...