The crypt is always growing in booms. Even children grow up not gradually, and have several booms. In this regard, bitcoin is no different from children, and the age of the coin is small. Our business is to understand what events will be associated with rapid growth and be bought in advance.
During the boom of cryptocurrencies was a lot and a lot can happen to us. I'll only tell you about the next three.
First boom.
Last year, bitcoin entered the mainstream, and a joyful crowd drove it to the 20K mountain. From this mountain we have rolled down, because, you remember, the rate can not grow all the time, and investors have new questions.
Second boom.
It will come when institutional investors will be able to enter the crypt, that is, soon. We are waiting for them with open arms, the large crypto companies are already preparing wallets, exchanges and various services for INH. It was because of the lack of this infrastructure that bitcoin stopped its last year's flight – those wishing small and medium investors entered, and the institutions did not support them, because they were afraid of the chaos that is happening in the crypto field.
Third boom.
After the large investors come, the crypt will roll back again, because it will face a new question: how widely will it be used in real life? When this issue becomes acute, it is not clear, but the advantages of cryptocurrencies over Fiat are huge and obvious.
So far, the fact that the Fiat system will go away, is hard to believe.
But you will remember at least how far a few years ago seemed online shopping or refusal of cash in favor of Bank cards. Now this is all reality.
These are just the booms that are emerging in the near future. There will be others after transfer of cryptomate to Mars, implantation cryptocell in the brain and then there is still requires the cue ball to the future. But for now we will follow the events that are already close.
For sure price now a day is not very high but the last few months price has been high enough, so now price of bitcoin keep on growing but still it is not very late to see the price high, we can invest right now I am sure holding for few month will become profit making months for us, gradually bitcoin is being famous and we need to buy at 9700$ before it become 20k dollar so buy now and hold it is good chance to buy low.