It amuses me to see the sky is falling crowd on this issue. Bitcoin is volatile and has experienced drops like this before and then rallied and moved skyward.
2 years ago, it was $600. Last year it was $1600. Now it has dropped to less than $9000 and it is supposed to be the end! Whatever!
Learn about what you invest in, and you can make money. Blindly following others for quick gain can get you broke, whether the stock market, bonds, or whatever.
Full disclosure, I have bitcoin, ethereum, litecoin, ripple, and stellar lumens. I also have over 15 stocks that are heavily into blockchain technology.
Further disclosure, I took my family to Disney World last year on my bitcoin profits.
“” “” 2 years ago, it was $600. Last year it was $1600. Now it has dropped to less than $9000 and it is supposed to be the end! Whatever!”” “”
Now go tell it to the suckers who bought it at near $20,000.
Would be under $1,000 guaranteed.
Do you have favorite sources of info on how to keep up with cryptos?