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❕NEWS Tom Lee says bitcoin still needs to develop further

AudraMiller

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The one thing that many people have noticed when it comes to cryptocurrency and their investment into these coins is how volatile these coins are, and this volatility is often brought about by the people that make influential remarks and tweets, such as elon musk. However this, to the founder of Fundstrat, means that bitcoin and crypto is not ready and that it still has a way to go and develop. He believes that it must develop to the point where comments like this do not have such a large impact on the market. What are your thought on this?
 
I don't know who Tom Lee is. But I agree Bitcoin will move more up from the levels of today. It will take some time to reach high levels.
 
I don't know who Tom Lee is. But I agree Bitcoin will move more up from the levels of today. It will take some time to reach high levels.
Tom Lee is actually one of the founders of the Fundstrat company, which is a market strategy firm that gives advise when it comes to certain investments and so forth.
 
Bitcoin And Volatility Are Closely Related Things And The Reason Why People Choose Bitcoin , If The Purpose Is Jot Present What's The Use Of Bitcoin Then
 
Personally I believe that if the number of Investors in cryptocurrencies, bitcoin especially are of significant population the volatility will beyond tweets and comments.
 
Yes Volatility And Growth Both Will Be On Top z I Think You Wanted To Said About Growth That's The Idea I Get From Your Post To Be Honest .
 
The fact is that cryptocurrency needs to maintain it's Decentralized nature and should not allow tweets and news to affect it nature.
 
It seems like a logical thing to do but the reality is that it will never be so. Looking across all markets no matter how old, news and events always has a an effect and this will also extend to cryptocurrency
 

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