There is a lot going on in the crypto world right now, and the wary investor should stay tuned into the market closely for the next few weeks. The introduction of futures trading at the CBOE and CME helped to stabilise prices, possibly saving the most recent downturn from a much wilder ride. But there are also a lot of voices out there who are making various claims. The question is, why? Do they know something we don’t, or are they trying to simply move the market? We’ve seen a lot of that in the past, and there is no doubt it will continue.
If you have not done so, check our news link regularly and stay abreast of what is happening in the market. For example, have you seen the big rise in Ethereum? How about Bitcoin Cash, which is up tremendously, partly due to it’s being included on the Coinbase platform. And, you may want to, set up a Google Alert for Bitcoin (or any other subject you want to follow closely), and you can receive news as it happens or a daily digest.
Remember, we are not advisors – just investors like you, so we are taking a cautious approach at the moment. We are still optimistic about the future for Bitcoin and other crypto currencies, but as we all know, this is a volatile market, so do your own research and plan accordingly.