Secret study reveals why BITCOIN will keep going up

in #cryptocurrency7 years ago

Just using common sense. Anyone investing in bitcoin is to earn money. Now its clear whales,sharks, hedge funds, good money bad money wise money all coming into BTC. BUT note its one way ticket that is investors can only LONG in BTC and other good crypto currencies.

In stock/commodity and all other world, investors are in both long and short side, so you cant say with confidence that it will have only one way journey. But in case of crypto world its just one type of investors - LONG ONLY. So smart money will always be in our side that is long, so just chill grab a beer and keep handy lot of SALT. Salt will be used to sprinkle pintch of it in any FUD you come across :)

Please note this smart money has started coming in now so its going to always mop up any fall in BTC. So its volatile. When short will come market will become more matured calm and bad for retail slowly..

ok yes there are now shorts available in usa exchanges but one volume is very very low, second none wants to burn hand on this volatile asset by shorting. 3rd its not directly linked to BTC price as these long/short contracts are cash settled. But yes you can imagine how authorities trying to create a level playing field for BTC by allowing short side investors also. Once it will fail they will keep coming out ways to attach BTC by using investors money. They will not directly kill this market but that's a topic of some other day.

So not really any secret study revealed but pure common sense which i heard is most uncommon...
Do let me know your view on this secret common sense I just thought of ....:)
Pl dont shy from upvote :)

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