I have been in the investment business for almost thirty years and I can say that cryptocurrency in 2018. The Massacre was the most painful I have ever seen. Most digital currencies lost 80%, 90% or more in a year.
It hurts! But against the background of all this, something strange happened …
Contrary to the bear markets of the stocks, there were more people interested in cryptocurrencies – no less !
According to the Cambridge Center for Alternative Finance, the number of cryptographic investors since 2017. doubled from 18 million to 35 million.
This upstream floating sign is an important sign for cryptographic investors like I have never seen before. It tells me that cryptographic investors’ faith in the future of cryptocurrencies is unshakable.
Interestingly, most of these new cryptographic investors – old and new – are individual rather than professional investors.
Imagine how many more investors will jump on board when crypt prices start to rise again. Honestly, as the number of crypto investors now grows in the face of falling prices, it is only a matter of time before cryptocurrency prices recover and rise again.
In fact, our crypto expert Juan Villaverde made a bold prediction last week about Bitcoin, and I urge you to heed his words. This is what he said about Bitcoin:
“The price of Bitcoin is starting to rise again and is moving towards new records. 2015. Bitcoin survived in four bear markets, where its price fell by 70% or more.
“Every time the so – called ‘experts’ wrote him an afterword. But each time Bitcoin came out of the slump and started a new bull market with an average profit of 6300% from the bottom to the top.
“Then we saw Bitcoin’s fifth largest bear market last year. And again, experts rushed to declare victory that ‘Bitcoin is dead.’
“Few realize that due to the fall in prices in 2018, the market has run out of weak investors. At the same time, real believers have stubbornly stuck to it and some have even bought Bitcoin.”
“Overall, everything is ready for the new bull market.
“The result: in 2019, as it has repeatedly done before, Bitcoin will start to rise again and strive for new records.”
I couldn’t agree more. One of the reasons why Bitcoin will soon return to the heights is that it will soon be much easier for investors – both individuals and institutions – to buy and sell Bitcoin.
The Nasdaq is firmly on track with its 2019 plan. Bitcoin futures to be included in the list in the first quarter of. And it opens the door to a new, huge world of investors.
This is not only hugely positive for Bitcoin, but also extremely beneficial for Nasdaq, which is starting to reap decent profits from a growing number of crypto investors and the resulting trading volumes.
Did you know that the Nasdaq itself is a publicly traded business? That’s right: Nasdaq (NDAQ) is also in the stock market, and I think that’s one of the important ways to reap the benefits of the blockchain technology boom.
Of course, this does not mean that you should all rush to buy Nasdaq shares tomorrow morning. As always, timing is paramount, and I recommend that you wait for my next buy signals in my Weiss Crypto Investor Newsletter (ENG).
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Translation: Lucreds Plus OÜ