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RE: Bit news of the day is Bitcoin drop by ianballantine

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Viewing a response to: @bradleyarrow/bit-news-of-the-day-is-bitcoin-drop

· @ianballantine ·
Thanks for sharing Bradley. I agree with Zoltan, Bit will go up over time, and other crypto will most likely follow that lead. Basic economics apply here; if you did Economics 101 at uni: scarcity will create demand and fuel the bulls.

February 2020, if not a little sooner, will see fund managers back from their YE break, all cashed up ex-tax lodgements. I'm focussing on accumulation until at least then.

Recent calls by the IMF and other global institutions for governments to adopt crypto will only add more fuel. Bring on 2020!

I'm not a financial adviser so please, fellow steemians, seek independent financial advice if you want to invest in anything, especially crypto.
👍  ,
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