Post
Topic
Board Economics
Re: Have you figured out what you are Investing in?
by
arpon11
on 29/04/2019, 19:09:50 UTC
Before it was just hype but now it is about a global decentralised currency with real world usage. When economies on a national scale begin to fall apart only bitcoin can save them.
I think this has a point, but I don't really expect a global crisis for bitcoin to rise, it will cause big trouble for majority of people.
I want a world where there's plenty of option to invest, I am investing in stocks and crypto also because that's my way to diversify my portfolio
but I'm expecting bitcoin as a decent payment system that would continue to have an adoption, not a saver when there's a global crisis.
There's still a hype in the market maybe not on bitcoin but in other coins because its their way to attract investors. Global crisis can happen but there's no exact time for that and we can't say that crypto or bitcoin will be their best option to survive. I believe on what I'm investing for, adoption will happen and the bull will begin but the hype will still make impact in the market newbies get hyped either they've loss money or make small money.  
Should we now say that hype is a simple way of making newbies lose to the professionals and skillful traders? I think you are right creep,  because without the hype there may not be profits to make.  I still remember that the cryptocurrencies markets will do well if we all understand what is in front for us the early adopters.  If you know were bitcoin will be in future you will wish you can saved all your holding and sell in future when bitcoin grow to an amazing price.  If we should wait for global financial Crisis before bitcoin grow it might not happen but I also agree on future adoptions by both institutionalized investors and individuals investors