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RE: Bitcoin Weekly Analysis - Up An Unbelievable 43,4% - So, What Happens Now?
Thanks for your insight, very well put.
As an investor, Bitcoin is an amazing long term hold but you have to realize that high volatility is part of the game, especially now when Bitcoin is relativitely small compared to major fiat currencies. That will decrease later on, but probably not in the next 1-2 years.
I agree, we're certainly in for more of the same volatility in the near-term, but on an upward trajectory. I think Bitcoin is big enough now though to avoid some of the unpredictable spikes and crashes of the past, the likes of which we sometimes see now with newer coins.