Bitcoin Price Swings Won’t Hurt Its Asset Value Perspectives: Experts
Investors are still forging ahead with digital currencies such as Bitcoin and Ethereum despite the recent volatility. Many experts and professional investors still believe that there are unprecedented returns on offer. Unknown territory. Investors in traditional markets are not used to seeing swings of 50 percent in a month for an asset, such as what happened to Ethereum which dropped from nearly $400 to just over $200, as well as experiencing a flash crash. There has also been a huge correction in Bitcoin price that has seen it fall from its high of $3,000. Despite this though,....
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Looking at charts showing the price of bitcoin over time is like looking at a child's crude attempt to draw the world's craziest roller-coaster. It has certainly been a wild ride for the brave few early adopters with the courage to hold a significant portion of their money in btc. Since its earliest days, predicting the price of bitcoin next week, let alone next month or year, has largely been a fool's game. Whilst 10% plus swings in a day would be exceptional events for any other currency or asset, it's virtually the norm in the cryptocurrency world, and much larger fluctuations have not....
A panel of experts has shared their price prediction for dogecoin for the end of the year as well as in 2025 and 2030. Individually, the experts are divided on the future price of the meme cryptocurrency. Some noted that the price of dogecoin is heavily dependent on Tesla CEO Elon Musk promoting it. Experts Share Price Predictions for Dogecoin Finder, a major product comparison website, published the result of its July 2021 survey on the price prediction of dogecoin last week. To determine if the meme cryptocurrency is “about to jump in price, or has this joke finally reached its....
Crypto addiction has become a new disease for investors: Who is affected, how to understand that you have problems and who can help. The crypto world is well known for its volatility. Especially in the early days, digital assets experienced wild price swings, gaining or losing double-digits in the course of a day. It appears that the current bear market is no exception to this trend. While wild price swings provide opportunities to make gains — if you’re lucky enough — the volatile behavior of digital assets can pose a threat to the mental and emotional health of investors.Mental health is....