Post
Topic
Board Altcoin Discussion
Re: Libra vs. Bitcoin - What's the Dif?
by
thirdprize
on 25/06/2019, 14:43:32 UTC
The forecasts for the cost of Bitcoin that were made at the beginning of the year were not deceived. Bitcoin really almost took the position of 10,000 by mid-summer. In a place with the release of the libra coin, this can give an impetus for young people to start using cryptocurrency.
If a large number of thousands of years begin to buy cryptocurrencies, it can be a problem both for the market and for profit. Many newbies do not study crypto investing, they want results. But immediately investing is short-sighted, it is better to get at least basic knowledge, for example, taklimakan offers educational articles. And only then try cryptocurrency. Since, like a sharp increase, we can expect a sharp decline due to the number of unsuccessful transactions on the part of beginning investors.

The good thing about Libra is that it is pegged and therefore not a good investment.  When will everyone learn that fluctuating between 2k and 20k is NOT a good thing for bitcoin.  It just means that the only people who buy it are investors and not the general public.