What Is It, And Is It Right For Your Business?There are significantly notable differences between trading stocks, futures, and forex. Bitcoin is a potential investment in 2019 and the following years, the long-term trend will still increase and start to be more stable, you can buy Bitcon to start your investment but before investing you must determine that investing Bitcoin is a form of Super profitable investment, the opportunity to make a lot of money, but the risk is always hidden, only invest with the capital that you can lose and take responsibility for your own money.
You will be surprised by knowing that there is also some cryptocurrency exist which has working no team or their price is totally manipulated by whales(traders or group of traders having a very large amount of money) and they exist just for fun and these have millions of market cap like Dogecoin.
It presents new miners with new challenges and also unique opportunities to come into the market when everyone else is leaving and then the price of bitcoin will go up. It all depends on your ability to analyze the market and correctly predict future changes.
With financial crises everywhere and the inflation rate rising rapidly, you will one day find that all those dollars you saved don't have much buying power in a decade or so. The wise thing is to invest them in something that will not depreciate over time.
Say there are two options to invest- for the bitcoin price of $3000 now (at 10 AM), you can either invest in the price will be more than $3000 by 6 PM or the price will be less than $3000 by 6 PM. If at 5 PM the bitcoin is indeed higher than $3000, you earn the payout of certain payout percentage of your investment, if it's lower, you lose your investment.
Give the lows and highs in recent years, as well as the lows and highs predicted by industry analysts and experts, itвЂs easy to see how opening a short or long position using 100x leverage to trade BitcoinвЂs volatile price swings can be extremely profitable, and even more profitable than investing itself.
The co-founder of BTCC, a HK-based crypto exchange, Lee who has weathered two previous storms that saw bitcoin fell from the all-time high of $1,200 in 2013 to just $150 in 2015 believes that the current bear market is also reflecting this previous pattern.
Before going further, it is important to say that the Bitcoin price will make a further fall in the short term as a key support line has recently been broken, and unless the price is held by a concentration of buyers further down the price curve, the price may touch close to $6,500 in the short term if the $7,000 support line is broken, make a rebound into the $7,500 and $8,000 price zone and then head back above $10,000 over the medium term.