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RE: Why Bitcoin's Price Continues to Fall

in #bitcoin6 years ago (edited)

Hi!

1.Don't you think that you are calling for selling low?

Think about it.
Last time I heard from you, you were calling for the second run = had the same herd mentality as the majority of the market. (don't mean to offend you, I was even worse, I was HOPING for the second wave).

In my opinion, the next stage in Bitcoin price should be the accumulation phase before the next bull run. Don't know when though.

2.When the global uncertainty in the financial markets is on the rise, don't you think that Bitcoin can become a good hedge against all other markets?

It has exactly the right philosophy behind it. Screw bankers, politicians, debt and all other stuff. Also, it is perceived as a SoV.
Even as it is a riskier asset, adding Bitcoin to a portfolio decreases the overall risk of the PORTFOLIO according to the Harry Max Markowitz portfolio theory.

Good to have you back. Checked my youtube literally every morning. Don't watch other crypto youtubers.