Bitcoin has been hot, but many bosses think it is a big bubble. If you want to ask how the red currency will fare in 2018, some of the weaker bitcoin institutions think it won't be long, and prices will fall in 2018. The famously bold bank of Denmark has made a startling prediction: it will be back in its original form after it has shot up to $60,000, falling back to $1,000.
Deutsche bank has previously said the bitcoin crash would be one of the major risks of 2018. Ahead of the launch of bitcoin futures, deutsche bank warned that the bitcoin boom could pose a serious threat to the broader market in 2018.
I admit, that news is very scary because if you look at the current movement of the market, you will realize that it really has a possibility to happen. But even so, I will not chicken out and sell all my coins. I have invested in bitcoins not just for the sake of it but because I believed in it and on its creator's visions. I believed in its ideologies that in my opinion can really turn this world around and make our monetary system even more better. This potential alone is more than enough reason to keep believing that bitcoins will never die. But then again, there is always a possibility. All we can do is to make up our minds and choose what we think is the right decision. But whatever happens, win or lose, I am happy that I have been able to ride on this amazing high and lows of the crypto industry.