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RE: Wondering that Bitcoin is dropping...

in #bitcoin8 years ago

The whole world is in a precarious financial situation right now, with the Petro-Dollar being in a very unstable and volatile position. Expect chaotic times ahead - lots of uncertainty, craziness, etc. Cryptos will, in some form, replace the dollar as the new World Reserve Currency - but we don't know how long or how fast that will happen. The sure thing is that it will happen, and it will create uncertain times. Some cryptos are going to fail, completely, and some will return 30,000% gains over the next couple of years. Picking the right ones is tricky - so buy and hold a few different ones. Also, buy and hold SOME real physical silver &/or gold - nobody can unplug it.