We noticed that you're using an ad blocker. Myfxbook is a free website and is supported by ads. In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings.
Thank you for your understanding!
nemesiscoiled posted: BTC is losing momentum and is no longer a 'fashionable' asset which sparks a lot of speculative interest. This could return but at the moment I see price levelling out and gradually declining until $0 . Other crypto could replace it if they are actually useful as currency but these will probably be priced according to a basket of fiat currencies
I would disagree. i don't see any reason for it to go to zero. Would say just wait and watch it rise far beyond your thoughts.
it will go to zero in the same way that most other crypto go to zero. Lack of interst causes a decline in price then people decide to sell and get our. This causes a spiral downwards until $0 is reached. This is a genuine risk with BTC and should not be underestimated
Don`t compare BTC with any other crypto... Just an advice. 😉
such a cryptocurrency as bitcoin seemed indestructible, and here is a sharp failure, many assumed that this could happen. And so many factors came together, one of which is coronovirus. Although in my opinion this is an artificial panic.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.
Sorry! We don't do any tests on your browser, if you want to explore a full usability of out application, please use the last version of "Google Chrome".