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Crypto is still very much niche and a large portion of people are still not invested in it at all.
By invested I mean time, money or even knowing what the heck it is.
However there are some changes happening at the moment that could end up opening crypto to more people that simply don't understand it.
Those would be your investment firms.
Fidelity has already opened up their systems to trading but with a very limited amount of investors.
However TD Ameritrade is also now testing Bitcoin and litecoin on their systems.
As more of these types of systems start to adopt this it pushes us closer to the day when it just becomes common place.
Because bitcoin does have a limited supply and within the next 2 years will be halving again holding on to your bitcoin now and stacking up could yield some rather impressive results a few years down the road.
While we saw some increase today it was short lived with bitcoin just barely pushing above $5,600 for a short period of time. I don't believe we will see to many major moves on news alone but instead when systems really get implemented.
These are huge portals of existing investors that could pour into the market leaving others chasing the assets like in 2017. Will be interesting how they manage the influx given the wallet integration!
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I agree, the proportion of individuals and organisations who feel they would miss out once the bull run has started will be much larger. Therefore, this will result in a larger chase of assets and much higher ATH than previous.
Soon, very soon. Be patient, it's coming.
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Agreed, but it's true that FOMO drives price , once price gets going. News can spread like wildfire.
I wouldn't do much trading right now. Too many potential catalysts coming up, even fb coin, bakkt, all sorts. Jack might leave town anytime.
Keep 1 btc at least in the pocket if you can.
Also, a lot of people are using crypto now, not investing in it, around the world increasingly.
Consider this option: https://steemit.com/art/@knowledge-trust/make-it-your-idea
Why couldn't this idea work? Did some say "trading"? Upvoted, Followed and Commented!
Been hearing this song for a while....I haven't heard anything about the ETF's that were re submitted....thought deadline would have passed by now....and BAKT? Where's that at?