Bitcoin News
By Maheen Hernandez
1 / 14
Early dip, middle dip, late dip in price
2 / 14
Markets Now in The Bull Case Bitcoin asked: There is this ongoing debate about whether Bitcoin is a safe haven, or an inflation hedge, or whether it is just a speculative asset.
3 / 14
Michael Saylor, Chairman and CEO of Microstrategy: "Bitcoin has perfected gold – it is digital gold. It has also perfected property – digital property.
4 / 14
And, people who are trading it now without having studied it for 100 hours, they trade it as a risk asset. So, they trade it like any kind of tech asset.
5 / 14
When someone is bullish, they are expecting for the price to rise over a certain period of time.
6 / 14
It is good for anyone who invests in an asset type before the price increase takes hold of the price.
7 / 14
Bullish run for the Bitcoin is when the price of BTC is consecutively rising for a long period of time.
8 / 14
3-Day Rule in stock trading: After a bull run there is always a correction and sometimes a crash.
9 / 14
It is important to know that such a “rule” or “principle” existed because investors often feel tempted to buy an asset type as soon as it falls sharply.
10 / 14
Buying an asset at discount is looked at an opportunity to buy the asset at a discount. It is commonly seen that sudden drop in price causes high sales, the 3-day rule is a…
11 / 14
Why did the price of the digital asset fall? No matter how low the price can appear, it helps to do a due diligence check. The asset should have a future.
12 / 14
Bitcoin is considered to be a hold forever asset. And, advocates have to state that the price of BTC will go higher and higher.
13 / 14
When taking the exception to 3-day rule for BTC with a grain of salt, for those who buy the “initial drop” “mid drop” “late drop” the price difference is going to be there.
14 / 14
It is not everyone’s cup of tea to be waiting for ever for the low, but to avoid substantial loss during an emergency when a cash out becomes essential, it helps to buy the late…
The Currency Analytics
Want the full story?