Here is Why You Should Hold on to Your Precious Bitcoin
The reports of the repeated crash in bitcoin’s price has dominated the news in 2018. The price of the foremost cryptocurrency has fallen nearly 70% since the beginning of 2018.
The ripples of bitcoin’s crash spread through to other cryptocurrencies, effectively covering the crypto market in a bloodbath that has turned the bulls into bears. As expected, it has also sparked a raft of panic-selling that has continued to push prices lower.
As the market remains depressed and many attempt to cash out, Wall Street veteran and leading cryptocurrency analyst Teeka Tiwari says investors who hurriedly sell off crypto assets like bitcoin and ethereum would come to regret their decision in the coming months.
Tiwari who was an active player during the dotcom boom revealed in a recent blogpost, that one of the biggest regrets in his career as a hedge fund manager is giving in to the pressure to sell during a market pandemonium without taking a long look at the future potentials of the asset class.
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