Many of these investors, such as squares have the funds at their disposal in order to make large investments in bitcoin and hold for long periods of time without having much impact on their current financial position and that is why they choose to invest and hold.
You are so right about it .it isn't just about them.huge investors have large amount of money to always spare for investment and they make good profit too
There is a lot of peopel that do doubt the price of bitcoin and its use in the future and this is understandable because people tend to not believe in something that they are not able to hold and use physically. Furthermore, i think that the major concern that people have at this point is that we still do not know who is the creator of this coin and system and therefore that places a lot of uncertainty around the financial structure and may make it seem more like a ponzi system.
definitely, people place uncertainty not just on things that the creator is not known but when it isn't physical that they can touch and reslky relate with. But at this point they should realize that all the notable people investing in cryptocurrency around the world can't be wrong. Well what we need is more awareness creation. people have to know that Bitcoin is money and can be used for a good standard of living.
That is true. However consider it from the point of financial risk. When it comes to these notable people investing, if they had to lose all their cryptocurrency right now, the loss that they would incur is minimal compared to how much they are worth and they would be able to recover from it. Small and private investors may not be able to do this.
Your perspective is valid mate. You know a thing does have two sides like two sides of a coin, sometimes we need to focus on the positive and hope for the best. So I was only looking at the positive but your stance is another issue. This is where we would need to apply caution and try to be sure our investment is done rightly to avoid huge loss
I do agree that we should be looking at the positive side of it, however when it comes to cryptocurrency i think that people have to get comfortable with the negative side of these coins and the possible investment into them because many do not expect losses going into it and when they then experience a loss, they are at a loss for words. To be honest, my first loss from cryptocurrency was very hard to deal with.
It is very good to see that there is a lot of large investment companies that are starting to look to bitcoin and various other cryptocurrencies as well however I think that it also can be quite dangerous because they will become a major operators in the market and therefore they will be able to manipulate the market as they so choose.
Yeah too much whales have its effects ,but their advantage is still more than the disadvantage , because when there is a bad news that could cause a huge market fall ,they could make a huge buy that would make the price come back to it's normal form again ,even if it seems to be falling off rapidly
Earnings Disclaimer: All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.
