Anyone here into cryptocurrency? Lots of hype regarding how BTC and alts impacting our future. As of right now there is more market captalisation in Bitcoin alone than the economy of NZ and Boeing put together.
Interested to hear your thoughts.
Personal opinion is that it market will pullback on BTC in the coming two-three weeks. Alts have been getting murdered on the market last couple of days with many liquidating to buy BTC instead. Good time to buy alts personally. IMO BTC prices have skyrocketed far too quickly in too short a space time. Too many people entering the market with the fear of missing out. Hoping there is a pullback to bring back some stability in the currency.
Disclaimer - I am involved in trading cryptos and talk about it all day long with friends. Gotten many people who didnt know anything about it into it. Its not for novices and essentially not a get rich quick scheme that is often portrayed by many others. It is EXTREMELY volative. Please do your research before getting involved, and security is PARAMOUNT. Heard too many horror stories, as well as amazingly positive ones(guy putting deposit on house he saved on an alt....24 hours later price had gone up over 10x. He withdrew and paid for the house in cash). Only play with money you are willing to totally lose. Could very well go to worthless to 200-500k per BTC in the next few years.
Im sure there are others on here who are also involved. Interested to hear peoples opinions on it.
Interested to hear your thoughts.
Personal opinion is that it market will pullback on BTC in the coming two-three weeks. Alts have been getting murdered on the market last couple of days with many liquidating to buy BTC instead. Good time to buy alts personally. IMO BTC prices have skyrocketed far too quickly in too short a space time. Too many people entering the market with the fear of missing out. Hoping there is a pullback to bring back some stability in the currency.
Disclaimer - I am involved in trading cryptos and talk about it all day long with friends. Gotten many people who didnt know anything about it into it. Its not for novices and essentially not a get rich quick scheme that is often portrayed by many others. It is EXTREMELY volative. Please do your research before getting involved, and security is PARAMOUNT. Heard too many horror stories, as well as amazingly positive ones(guy putting deposit on house he saved on an alt....24 hours later price had gone up over 10x. He withdrew and paid for the house in cash). Only play with money you are willing to totally lose. Could very well go to worthless to 200-500k per BTC in the next few years.
Im sure there are others on here who are also involved. Interested to hear peoples opinions on it.