BITCOIN just hit 2800 USD. THIS IS NOT A BUBBLE!
So i looked at my cryptocompare portfolio and saw this:
Bitcoin has just gone up in the last 10! hours for about 300 USD, with a peak of 2860, now at 2820.
This is, again, an incredible rise and i´m sure, we will see more. 3k eventually this month!
This has probably happened because of this:
"Most recently, ABC News, a national news service in Australia produced by the Australian Broadcasting Corporation, reported that it is possible for Bitcoin to replace reserve currencies such as the US dollar in the next 10 years if it sustains its current exponential growth." (cointelegraph.com)
I´m PREDICTING we will see 5k(!) this year! Why? See link down below.
You can read more about the recent happenings on BTC here:
https://cointelegraph.com/news/suddenly-everybody-loves-bitcoin
TO THE MOON, my friends!
Should you go in right now? Probably not, there may be a dip for a few days soon. If this dip comes, buy more and hold´em!
Don't buy and hold bitcoin unless you have more than $20,000 investment. The growth of bitcoin is steady but you're not gonna make much money soon from it. Buy and hold one or some of the top altcoins and you will make many times more money than bitcoin.
i respect und understand your opinion and yes, alts were furiously racing to the sky, but how many of these alts and so-called "shitcoins" are here to stay? ETH for sure, but once the first ICO frauds, which are based on ETH will blow, what´s gonna happen? yeah, the "crash". Dash may stay, but they need to get their use-case (retail payments) done and widely accepted some time. XRP, okay, its made by the banks and will be used by the banks. LTC? Well, since BTC may be the "gold", this might be the "silver" I do have alts, including ERC20s, but you will need to time the market on most of them, which the average person WILL fail at.
I think you answered your question. Many will stay and in a growing market there are many opportunities. I believe you didn't study most of the altcoin projects out there since many have different agenda and target market for themselves.
trade follow and upvote bro
I'm waiting for the dip to buy!
Probably a good decision. I´m thinking about using the peak now to get some more hashingpower tho.
I'm predicting it will hit 3000 before the end of the week.
probably man
Interesting blog. Good to see I'm not the only one that is thinking about this. Many people say the prices of cryptos are high but we also thought that about Amazon, Apple and Facebok last year. Besides coinmarketcap.com there is: https://www.coincheckup.com I'm really happy with this site that gives complete coin analysis for every single crypto. Check: https://www.coincheckup.com/coins/Bitcoin#analysis To check Bitcoin Research report.