Bitcoin not being related to indexes, currencies, or commodities makes it an interesting portfolio diversifier.  Therefore, many of them are willing to have an exposure to the asset.  Many of them do not want to hold BTC, but they are okay with stuff that are Bitcoin flavored and therefore Bitcoin ETFs have been catching up.

The price of the Bitcoin is taking a retreat and this does not mean that holders should withdraw their assets.  Seasoned investors believe that the shake-will up promote a healthier market. Many are waiting for the end of the year and the growth of bitcoin.

History proves that after dump BTC will pump again. Those who are willing to work with a reliable exchange should know that a good exchange is tested by time and satisfied customers who have been using it for years.

The concept behind cryptocurrency cannot be dead. It’s basically reformed and retained to a better crypto asset.

Meanwhile, Ned Segal, CFO Twitter expressed:  Investing in cryptocurrencies “doesn’t make sense right now.

The reasons he gives are that Twitter should change its investment policy to hold more volatile assets on its balance sheet.  It has been stated that the company prefers to hold less volatile assets like securities.

Jack Dorsey, CEO of Twitter however holds crypto in their balance sheets.  Dorsey is a supporter of decentralized technology, which consists of Bitcoin and other cryptocurrencies.

Twitter likes to permit users to connect their accounts to third party services, which will permit them to send their tips in Bitcoin while bringing authentication to non-fungible tokens on their Platform Twitter.

However, BTC advocates are watchful to buy the dip as the asset is nursing price drops.  The retail crowd are hopeful that the price would recover and that there will be a continued bull run.

Social media discussions which promote “buy the dip” is on the rise.  The dip has not yet happened and it is expected that Bitcoin will soon find its bottom.

It should be remembered that Bitcoin is down but not out. When the price of the BTC goes down, the coins do leave the exchange.  This points to a persistent holding sentiment.

There have been instances in history where a family did trade all their gold for Bitcoin in 2017.

The Taihuttu story from CNBC: “Three years later, and that bet has paid off big time for Taihuttu. Bitcoin broke above $20,000 for the first time ever on Wednesday. His investment is now nearly three times bigger today than it would have been had he kept his nest egg of gold.”

Economic and Geopolitical Tumult across the globe, investors are looking at Bitcoin as a safe haven play.