In 2013 to 2014, Bitcoin crashed from $1000 to $200
From 2016 to March 2018 Bitcoin was:
$1,000 to $20,000
$20,000 to $6,500
$6500 to to $12,000
$12,000 to $7,500
Bitcoin is the most "feared investment" after going up from $1 to $10,000 in 9 years and big names saying bad things for Bitcoin and cryptos
From 2016 to March 2018 Bitcoin was:
$1,000 to $20,000
$20,000 to $6,500
$6500 to to $12,000
$12,000 to $7,500
Bitcoin is the most "feared investment" after going up from $1 to $10,000 in 9 years and big names saying bad things for Bitcoin and cryptos
I don't think that the correct term is "feared". Maybe "risk" is applicable as we all know how volatile this market are and in a blink of an eye, your investments will go into thin air. But in life you have to take risk in order to see where you can go. So in the price swings you have put up, you will see that its either you win big or go home.
bitcoin is not a feared investment, I prefer to call it the best investment that requires intelligence. if bitcoins are feared because their prices are often up and down, it can also happen to other types of investments. those who are afraid of bitcoin investments are those who do not yet believe in the bitcoin itself. if you don't want to end tragically in bitcoin. you must learn to be patient and keep learning the bitcoin instead of fantasizing that you can get rich in a rough time with bitcoin
Yes, we may call it as best investment as well, I don't agree with "it requires intelligence" though. More of a timing because this is a speculative market, and you don't need to be a rocket scientist to understand when to get in and when to exit. Just saying.