MOdern EXODUS Of Wealth- The Bitcoin Phenomena on it's $5,005.26

in #bitcoin7 years ago (edited)

Bitcoin prices topped $5,000 for the first time today, surpassing this key, psychological level and setting a fresh high.

The crypocurrency's price had risen to as much as $5,005.26 at the time of report, according to the CoinDesk Bitcoin Price Index (BPI). This brought its year-to-date (YTD) return to almost 420%.

Could this be an Exodus of Wealth?

Transfer of wealth was happened during the time of Moses bringing out the Israelites from the bondage of slavery of the Egyptian Empire and it was called "Exodus"... This must be the "Exodus" from Fiat Currency to Cryptocurrency and along with it is Wealth!

If you got the Proper timing which you need a Divine Intervention like the Israelites led by Moses; they were guided by Yahweh, the God of the Universe who created us and Chosen the Nation Israel.

Timing is important in this world of cryptocurrency Investing: But as the Editorial Note of Forbes.com which I will emphasize also here, we need to be "Cautious".

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

But if we are not so emotional, and rely on our Divine given instinct, guided by thoroughly examinations of events and study of the "Cryptocurrency World", we might amass wealth.

Could you be one of those, who will experience a Modern Exodus of Wealth?

Sources: http://www.newsbtc.com
https://www.forbes.com

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Excellent post.Very exciting times we live in.One thing is for sure; fiats are falling gradually and cryptos will sooner or later take over. The exodus is on :)

Thanks for your reply @practicaleric , I hope you made this clear to other readers...

In with the new, out with the old. I'm in for the long haul and nice reference to Exodus.

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Great for those who hold on to their Bitcoins. :D

That's right...

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