Bitcoin’s meteoric rise in value this year has outstripped even high-performing technology stocks tempting more investors to capitalise on the volatility while others steer clear fearful of a crash
When the Wall Street Journal’s headline reads Bitcoin: Even Grandma Wants In On The Action you can’t ignore it.
Bitcoin’s price swings have been prompting volatility-starved investors to join the biggest speculative boom since the 1990s dotcom fever.
Just six minutes into Bitcoin futures trading, the contract expiring in January which opened at $15,000 rose to $16,600. Trading on Monday morning (December 11th) in London the contract was changing hands at $17,500. Bitcoin itself was at $16,635.05 according to CoinDesk. Right now there is no hotter ticket having started 2017 at $968.23.
Is Bitcoin a bubble?
Investment is being tempered by the fear that Bitcoin’s value is speculation driven. They’re wary of putting money into a bubble.
Some are convinced it’s the future. John McAfee – founder of the eponymously named software – doubled down on his previous prediction and claimed: “I’ll eat my own d**k on national TV if Bitcoin doesn’t surpass $1 million by 2020.”
More investors are setting aside Bitcoin’s questionable past and use by criminal elements. Some see it as a viable alternative to gold as an investment. Especially when faith ebbs in fiat currencies.
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10-04-2018, 05:04 AM #1
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Bitcoin mania: Join the rush or beware the bubble?
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10-04-2018, 06:36 AM #2
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By setting standards the global supervisory bodies regulated Forex which all brokers under their jurisdiction must comply with. This helps ensures that currency trading is ethical and fair all involved. And this way the largest Forex market is regulating. I have selected my regulated broker Forex4you to trade well. With the regulatory body these standards include being registered and licensed, under- going regular audits, communicating certain changes of services to their clients and more.
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14-03-2023, 05:28 PM #3
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The current situation of bitcoin isn’t going well and market is following downtrend. I will suggest traders wait until the price hits the bottom-line. And always try to take lessons from your mistakes. Start trading with a regulated broker. Eurotrader broker is secure and makes sure enough support for traders. The broker allows cryptocurrency trading.
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31-03-2023, 04:32 AM #4
For now, I am still trading forex with Tickmill, where forex can be very profitable if it is truly understood and mastered properly. That is why traders need to learn and practice a lot. By doing so, traders can be facilitated in understanding and benefiting from forex.
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09-08-2023, 04:04 AM #5
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Currently, there are numerous brokers available in the forex market, and it's up to the traders to select the broker that is suitable for them. Personally, I continue to experience comfort and security while trading with Tickmill broker.
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11-08-2023, 03:41 AM #6
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Surely you already know with all the risks that exist in this forex business, we are obliged to continue to have learning so that we can trade on a real account and be able to get maximum results
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11-08-2023, 04:29 AM #7
For now, I myself am still engaged in forex trading, as forex is a highly profitable business when it's truly understood and mastered correctly. That's why I joined Tickmill, and here I can conduct forex trading comfortably and securely.
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