Post
Topic
Board Bitcoin Discussion
Re: Pension funds bringing money to Bitcoin.
by
bitart
on 08/03/2019, 21:06:46 UTC
It is really interesting that at last some pension funds have wet their feet in cryptocurrency investing. Someone is going to be very happy or very pissed off in the future. What do you think of this? It is really a breakthrough for crypto as an investment?
Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
With the current price of bitcoin that Would be a good sign for crypto market as a whole. The more money flows in crypto the more chance it would goes up and it would be a win win situation to all crypto investor.
This is not as easy as this....
the more money flows in.... but what happen if the money is not enough that flows in? That would cause the price to go still down, so the investors will sell instead of buy...