Free Bitcoin 2018-19 - An Overview
As of this time of writing, Bitcoin (BTC) is hovering at the US$4000 markers, having dropped from US$7000 as of mid-November 2018. As of December 2018, following the drop out of US$7500, BTC is trying to find support at the US$4500 amount, having done so once last week however immediately rebounded a few hundred dollars downwards.
All the same, I still see BTC in 2019 with strong growth potential, should it reach the US$6000 mark then progress to US$7500. Otherwise (which I really do not is highly probable), we'd BTC go downhill probably to the US$1000 mark (because there is actually no significant support levels in between).For those of you looking for investment information, I'd say, that of the following two categories do you fall into 1) someone who currently owns bitcoin; or 2) someone who wants to buy bitcoin for investing nowIf you currently have BTC, it would not be a smart decision to sell it all now because the market is fluctuating so strongly.
Therefore, and I believe there is potential for BTC to go up, you need to invest in BTC to earn some interest (not in high-yield investment programs, mind you) until the purchase price goes up to, say, US$5000, then you can make an exit. Just go to Free Bitcoin Wallet, Faucet, Lottery and Dice! And deposit all of the BTC you have.
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Then you can buy BTC. This could happen, I think, sometime in Q2 of 2019. All the same, deposit any BTC you may have now (or then) into Free Bitcoin Wallet, Faucet, Lottery and Dice! to earn interst. Even if the price of BTC drops, then you would then have a 4.08% buffer for you to compose your mind to sell or not.
Still, thats better than none, rightThats all I got to say for now. If you found this answer to be of use, dont forget to share and upvote! Since this is my second time writing financial advice on BTC, don't hesitate to comment any suggestions and advice you might have!Happy holidays!DISCLAIMER: THE ABOVE INFORMATION IS FINANCIAL ADVICE GIVEN IN MY OWN OPINION.
INVESTING IN BTC INVOLVES RISK. PLEASE ENSURE YOU DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE AS TRADING INVOLVES RISK.Free Bitcoin Wallet, Faucet, Lottery and Dice! .
Bitcoin, the first largest cryptocurrency, has had it rough since it reached its peak at $19,500. Following the 2017 December into 2018 January frenzy ended, everyone was expecting BTC to recuperate. Unfortunately, it didnt recuperate and things only got worse. Right now, BTC is hovering above $4,000 and there's no saying when another endure grip will take the price below this level. .
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As expected, some specialists have given their opinion about the current bear market and most of them dont think its going to end soon. Even though BTC may find equilibrium short-term, its going to take a lot of long-term effort for it to get to its all-time high of nearly $20,000.
Statistics have shown that retail investors dropped the most during this bearish market. That is why the significant sell-off was no real surprise. Whats more, these small scale investors click to read are less likely to return to the market any time soon. Only older clients who think in the industry will most likely remain. .
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A Bitcoin and technology researcher, Boris Hristov had a whole lot to say regarding the current marketplace conditions. According to him, the only way BTC is going to regain its garner legitimacy and composure is if institutional investors enter the market. However, since the majority of these investors arent willing to accept the financial risks attached to trading cryptocurrencies, they do not want to become involved in the market.
Some potential institutional candidates are Marco funds CTAs, multi-strategy funds and alternative strategies have about $600 billion AuM. Commodity assets alone that are held by hedge funds were $300 billion as at 2017. It constitutes for 10% of those AuM. BTC may fall into the bucket. Macro funds are potential institutional candidates.