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RE: Bitcoin: Where to go from here? Charts, News, fundamentals and Whaleshares promotion!!!
There are so many people that bought crypto without the intention of using it as a replacement of money. They didn’t understand what it was to be used for in the real world. Speculation has really hurt the value. Don’t buy to sell higher, buy to replace old money.
That is a good point and maybe a lot of the private investors are realizing now that they should gain some more knowledge about cryptocurrency and their purpose. Anyhow, I don/t think speculation is a bad thing it means only that you are willing to take a risk for a possible profit in the future. And the future is always uncertain so in a broader sense speculation is not only restricted to financial markets but to all human decisions. Because you never know for 100% certainty the outcome of any decision you make in life and the same accounts for cryptocurrency.