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RE: Bitcoin has been through worse declines...
I like your content its very informative.
I agree about bitcoin heading back up. It was just a market correction because of the ridiculous gains in late 2017. I think the 'weak hands' have dropped out of the market now.
Will be interesting to see where the next few months goes with crytocurrency but i can see a steady increase
I think we are on the same wavelength then, Bitcoin will probably continue to go up but it might be a bumpy ride and yes I like how you put it there I also think most "weak hands" are gone, HODL protects crypto! Thanks for the compliment btw. :)
I have invested in quiet a few cryptos but Ive stayed clear from bitcoin. "The Intelligent Investor" by Benjamin Graham lists a few fundamentals that investors should look for. Bitcoin misses a lot. For example he makes it clear to have intimate knowledge of the team behind the investment, which we not 100% clear on. That is unless we treat it as a commodity and not a technology.
That is an interesting argument, indeed the founder of Bitcoin is Satoshi Nakamoto but nobody knows who this person is, he might be dead already lol nobody knows!
Anyway the whole market is tied to Bitcoin so I find it hard to believe Bitcoin is a scam, if Bitcoin is a scam, crypto will crash hard lol