Bitcoin is built for storing energy long term without loss of value …. A deflationary asset to mitigate the failing financial currencies … BTC is meant for long term hold especially in these price ranges. Generally wall street ETFs has the tendency to trade any asset short term… They will force the investors to allocate 2-5 percent of their worth in ETFs for a fairly short period. Most of the asset managers plans trade & short term sell offs for bulk profits & to escape revenue mishaps during board room meetings… From Wall Street perspective BTC seem to be perfect vehicle for such a deed & bubbles are not a new trend in the eco system . Sadly it’s a disaster for retailers who are here for short term. People who expect gains in a year or so and sell it off to meet their daily struggles in life . Only way to tackle such a system is to invest with a long term perspective in mind. Probably 4-5 yrs & if you can hold long term without looking at the price you will survive the storm that’s brewing. Hold onto ur roots fellows ???????? it’s gonna be a bumpy ride [link] [comments] |
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