Woah! Did anyone see yesterday's numbers? The last number I saw was $1,669.53 per Bitcoin on the Coinbase chart.
As a newbie, I'm still very afraid of putting more than my $20.00 into Bitcoin. As the price is so high now, I don't think I am able to afford anymore yet. Unemployment really sucks at this point ...
As I was checking out some Bitcoin lovers on YouTube, I saw some people advises to drop ripple as it will go up some but will flatline later on.
The hype seems to be on Ethereum as it is expected to go in a similar path to Bitcoin when it started to skyrocket. If I had the extra cash I would place it on some Ethereum but seeing that it is now $90.72, I can't. I should have bought it when it was around $30.00.
As for Bitcoin, it is forecasted to hit $2,300.00 per Bitcoin in the very near future. When it does that it will pull back a percentage, like to $500.00.
Those who have great confidence in Bitcoin says to hold your Bitcoins even if you see such a large pullback as if war breaks out or the banks collapse, at least some of your hard earned money is safe within your own Bitcoin wallet.
I do see Bitcoin as a store of value when the American paper currency gets devalued as more and more foreign country stop trading in the U.S. dollars.
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