In what is more evidence that Bitcoin is becoming a safe-haven asset, as the DJIA falls 360 points, Bitcoin has risen more than $100 to $10,600.
Bitcoin and gold are both rising today as a global recession approaches. The retail crisis, oil price instability, US and China trade war and coming US election make Bitcoin the place for investors to put their money. As yeild-hungry investors search for returns on their investment, they will pick Bitcoin, and will realize their reward.
This will be Bitcoin's first financial crisis. My advice is to snag some Bitcoin and gold for the coming recession.
What are you doing to prepare for the dip?
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After Craig Wrights loose at court for claiming to be satoshi nakamoto and the following dump of bitcoins worth of 5 billions of dollars it is nice to see that bitcoin will resist every enemy because it's decentral infrastructure. Keep buying bitcoin as it's still undervalued. Buy it low, sell it high.
Agreed!
Posted using Partiko Android
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