Finance Crypto
15:17 12 July 2024
Post by: WBJ

Bitcoin Will Recover Its Losses: Experts

Bitcoin Will Recover Its Losses: Experts
Source: MondayNews

For several weeks, investors have been trying to answer whether the recent declines in bitcoin prices are an opportunity or a threat for them. The weaker results are linked to several factors, including the effects of the sale of thousands of confiscated bitcoins by the German Federal Criminal Police Office and the instability of financial markets. There are also speculations about the possibility of the price dropping even to $40,000. However, some experts believe that buying BTC now could bring significant returns. But the decision should be made individually, as it all depends on the risk model investors are prepared for. At the same time, experts emphasize that every form of investment involves a risk. In the cryptocurrency market, daily volatility of 4-6 percent is the norm. However, investors lack strategy, planning, and patience, resulting in financial losses.

(MondayNews)


germany
bitcoin
cryptocurrencies

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