Where cryptocurrency and finance meet
Down by the River
https://leofinance.io/@jrcornel
We all knew that bitcoin was a great investment, but did you know that it might be the best ever?Bitcoin has been a great investment from just about any way you look at it. If you look at it from the date it was created until now, it becomes pretty much unparalleled.
Large buys on Coinbase Pro indicate institutions are continuing to buy the dipA few hours ago, there was another very large buy order that went off on Coinbase Pro...The order was for 12,000 bitcoin at a price of $48.6k which equates to roughly $583 million.
These guys just don't quit...When MicroStrategy isn't using debt to buy more bitcoin, they are using the cash-flow from their business operations to buy more bitcoin.In a filing with the SEC MicroStrategy (MSTR) revealed that they had bought another $15 million worth of bitcoin.
First they ignore you, then they laugh at you, then they fight you, then you winIf you've ever seen Shark Tank, you know how cruel and pointed Mr. Wonderful, aka Kevin O'Leary can be.He doesn't mince words and often delivers the harshest of truths without a bit of tact.
Money management is paramount, but fearful trading doesn't do you any good eitherOne thing that I think can't be overstated is the fact that constantly preparing for that upcoming pullback is the wrong way to invest...(Source:
March has historically been one of the worst performing months for Bitcoin, but that trend may not hold this year...If you do a quick google of seasonality returns and bitcoin you will quickly see that March is one of the worst months for bitcoin in terms of returns.