There is always the possibility that Bitcoin will fall much more. That is something that can happen in this and in any market. The investor must have a contingency plan for this case. Hope is not an investment strategy. I believe in the technology and the future of cryptocurrencies but you always have to keep all options in mind.
RE: Bitcoin to $1,000? What would you do? Part 1
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Bitcoin to $1,000? What would you do? Part 1
Hi @rcanessa, thanks for posting. Totally agree, you must have a contingency plan. And "hope" is definitely not an investment strategy. Although I think many have fallen into that trap. I think the blockchain technology is here to stay. What the crypto market will look like in the future, I have no idea.
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