You should not be completely sure of any investments, including cryptocurrency. It is better to always have a backup option how to get your money back and stay in the black. Recently, I have ceased to participate in the ICO, since it is easier for me to trade on the exchange
There was never a time anyone was meant to trust cryptocurrency. It is highly volatile and you know that anything is likely to happen at any time, so why then should you trust it? You’re taking risks, yes its an investment, which you’re not sure of where exactly the price is heading to. You just got to invest your money and the money you’re investing should be something you’re ready to risk as well. If you make profit, then you’re lucky, if not, then you try to console yourself
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Practically we all do face reality still nobody knows whether there is really going to be any increase in the price of crypto or not. You should check all these analysis you would see that they are not always correct most of the times they are being said. For once I have not even seen one that accurate. So, the price of crypto is just unpredictable, if you’re lucky to buy at the right time before it goes up, then you’re just lucky lol. Most of them that complains this time are those that bought out of FOMO and have lost their money in it.
I believe that the price of Bitcoin is likely to rise to 8,000 this summer. Because, the Exchange (CME) reported an increase in the volume of contracts by 950%. With such volumes, the course can even grow several times, in just 1 month.
This is excluding the over-the-counter market, which, according to the TABB Group, is twice as large as the exchange. There are also experts' assumptions that whales have already sold more than 1.8 M of Bitcoin to contain the price of Bitcoin. But the problem is that if they have a lot of dollars, the turnover of one USDT was more than 20 billion, then bitcoin is not very good, and in any case more than 15 billion Bitcoin cannot be. We are waiting for the rise in the price of Bitcoin, gentlemen, very soon more than $ 6,000.
Link to resource:
https://news.bitcoin.com/markets-cme-futures-record-volume