The Ultimate Guide To Where To Earn Free Bitcoins
As of this time of writing, Bitcoin (BTC) is hovering at the US$4000 mark, having dropped from US$7000 as of mid-November 2018. As of December 2018, after the drop from US$7500, BTC is trying to find support in the US$4500 amount, having done so once last week but instantly rebounded a couple hundred bucks downwards.
The same, I still see BTC in 2019 with strong growth potential, should it reach the US$6000 markers then advancement to US$7500. Otherwise (that I really do not is highly probable), we'd BTC go downhill probably to the US$1000 mark (since there really is no significant support amounts in between).For those of you looking for investment information, I would say, which 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 market it all now as 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 applications, mind you) until the purchase price goes back up to, state, 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.
Then again, if you're really into investing BTC, chances are, you would have much more than 0.003 BTC, rightNevertheless, if you're the second type of person who determines BTC is too risky now, I'd propose the following. Having a pessimistic mindset, anxiously await BTC to drop to US$1000 AND make a rebound out there (this is important).
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Then you can purchase BTC. This could happen, I think, sometime in Q2 of 2019. The same, deposit any BTC you might have now (or then) into Free Bitcoin Wallet, Faucet, Lottery and Dice! to earn interst. Even if the purchase price of BTC drops, you would then possess a 4.08% buffer for you to compose your mind to market or not.
However, thats better than none, rightThats all I got to say for now. If you found this answer to be of use, dont forget to talk about and upvote! Since this is my second time writing financial information on BTC, don't hesitate to comment any suggestions and advice you may 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 biggest cryptocurrency, has had it rough since it attained its peak at $19,500. Following the 2017 December to 2018 January frenzy ended, everyone was expecting BTC to recover. Unfortunately, it didnt recuperate and things only got worse. Right now, BTC is hovering over $4,000 and there is no saying when another bear traction will take the price below this level. .
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As expected, some experts have given their opinion regarding the current bear market and most of them dont think its going to end soon. While BTC may find equilibrium short-term, its going to take a lot of long-term effort for it to reach its all time high of nearly $20,000.
Statistics have shown that retail investors dropped the most during this bearish market. That is the reason the major sell-off was no real surprise. Whats more, these small scale investors are less likely to return to the market any time soon. Only elderly clients who think in the industry will official website most likely remain. .
The loss investors suffered didnt only influence them financially, in addition, it influenced them emotionally and well. Imagine a new investor entering into the market when the price was as large as $19,500 and remaining in the marketplace until it fell to as low as $4,200 and even lower. This can have a serious psychological impact on a person. .
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A Bitcoin and technology researcher, Boris Hristov had a whole lot to say regarding the current market conditions. According to him, the only real way BTC is going to regain its garner legitimacy and composure is whether institutional investors enter the market. However, because the majority of these investors arent willing to take the financial risks attached to trading cryptocurrencies, they do not want to become involved in the marketplace.
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 makes up for 10% of those AuM. BTC may fall into the bucket. Macro funds are potential institutional candidates.