The article published by Forbes recently wrote that today is perhaps a good time to invest in Bitcoin.. He stated that we are in a cheap period to buy Bitcoin, which can be incredibly valuable in the future thanks to the recent price drop. Putting them together, he paints an overall positive picture of Bitcoin’s future.
Although he said the Bitcoin price will “fall or stay the same for the next year or two,” senior eToro analyst and Bitcoin speculator Mati Quoting Greenspan, he said, “The current bearish market seems more like a natural reaction to the surge in 2017 than a reflection of any underlying problems.” He also expressed the positive opinion of Charles Hayter, who. According to Hayter, “many organizations are interested in the cryptocurrency space, and this increased adoption will certainly lead to a future price increase.”
Bovaird also quoting Charles Thorngren, CEO of Noble Alternative Investments, “In the new phase of Bitcoin, long-term investors, not day traders anymore, will make money out of it.”
Forbes’ article on cryptocurrencies is quite optimistic compared to other big financial news agencies like CNBC.
Still, the article shared on Forbes does not seem to have had any positive effect on the price of Bitcoin. The leading cryptocurrency Bitcoin is currently trading at $ 6,250.
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