BTC and it's grim future

COINBASE:BTCUSD   Bitcoin / Dollar
In my initial prediction of BTC price, I thought it would have more upswings on its long trend down. As it plummets with runs back up few and far between, I chose to revise my idea.

If you read my last post, you know I don't think there's much value to Bitcoin , primarily because there's little to nothing that gives it any real value, as well as it not really solving any issue that online platforms for transfer of traditional currency can't.

If you choose to short BTC (which you can;, I think you've made a good choice, first and foremost. However, it certainly isn't risk free. As it falls, it's likely to have buybacks that push the price up. It's also unpredictable, it rose to 20k on the basis of very little, so it could pop back up for no apparent reason as well.

Good luck. I myself choose to stay away from cryptocurrencies due to their high volatility and nature of of unpredictable drops and pops.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden