The sexy markets always attract the general public, traders, and hot money. Bitcoin can go to 100K USD OR EVEN 250K USD, but keep in mind the historical Tulip bubble when investing in the Bitcoin market. Finally, remember you have not made any money in a market until you actually close out the position, and the same “This time is different” mentality existed in the Dotcom bubble in 2000, as investors watched all their newfound wealth evaporate into thin air when the market crashed. Ultimately, all financial markets which are in bubble territory crash, it is an investing law of nature.
We examine Gold, Silver, Copper, Platinum, and Palladium in the Precious Metals space in this video, and then contrast Gold and the Metals to Bitcoin from a Risk perspective.
© EconMatters.com All Rights Reserved | Facebook | Twitter | YouTube | Email Digest